Kashable Lands $60M Series C to Expand Employer-Sponsored Lending Platform for Working Americans

Credit has always had a front door and a side alley. Kashable built something closer to a secured hallway, and now the market is leaning in. A $60M Series C out of New York just put weight behind a model that meets people where their paycheck already lives.

Goldman Sachs Alternatives’ Sustainable Investing business stepped in to lead, with Revolution Ventures and EJF Ventures doubling down like they have seen this movie before and liked the ending. Capital like that does not wander. It locks onto patterns that hold under pressure. Employer-sponsored lending, payroll-integrated repayment, and a system designed for people who usually get priced out or pushed aside. Not trendy. Necessary.

Co-Founder and Co-CEO Einat Steklov and Co-Founder and Co-CEO Rishi Kumar did not stumble into this lane. One came through the reality of building financial stability from the ground up. The other came wired with MIT code and Wall Street calculus. Together, they engineered a system where payroll is not just where money lands, it is where financial mobility begins. Underwriting here is not a gatekeeper, it is a translator. Risk gets interpreted differently when context is part of the equation.

Inside the build, execution carries weight. Hoon Joo, CTO, brings 20 years of engineering discipline into a platform that has to work every time, not just when conditions are perfect. Jameson Fauver, SVP of Business Development, sits where distribution meets demand, translating employer relationships into real access. Amanda Nobile, SVP of Compliance, operates where most fintechs get uncomfortable, ensuring the model holds under regulatory pressure. Nadav Glucklich, SVP of Operations, keeps the engine tight, managing the intersection of employer and employee experience where this model either works or breaks.

Since 2013, Kashable has connected with more than 250 companies and reached millions of employees, pushing nearly $2B in loans through a system designed to feel less like a trap and more like a tool. Over 40% year over year growth in 2026 is not momentum by accident. That is product meeting pressure, consistently, in a market that does not hand out second chances easily.

The capital stack tells its own story. A $25.6M Series B in January 2024. A $250M credit facility in 2025 to keep the engine running. Now $60M more in equity to widen the lane. More than $450M raised across equity and debt, all pointing in the same direction. Not louder. Smarter. Closer to the paycheck, closer to the problem.

Kashable sits in that tension between employer and employee, where benefits usually sound good on paper but disappear when life gets real. This time, the benefit shows up when it is needed, built into the system people already trust to pay them. And that subtle shift, from access denied to access designed, is where things start to get interesting.