Kashable is a financial wellness company that provides socially responsible, low-cost credit to employees as an employer-sponsored voluntary benefit. Its loans and financial education tools integrate with employer HRIS and payroll systems, allowing repayments through payroll deduction and giving working Americans access to credit at rates well below typical payday or high-interest alternatives.
The platform is positioned as a benefit employers can offer with minimal administrative burden. Employees gain access to vetted, transparently priced loans and financial wellness resources, while employers add a differentiated benefit without taking on lending risk or heavy operational overhead.
Kashable was founded in 2013 by Einat Steklov and Rishi Kumar, an MIT-trained computer scientist and former derivatives trader. The company has spent more than a decade building underwriting and payroll-integration infrastructure aimed at improving how employees access affordable credit.
In April 2026 Kashable closed a $60 million Series C led by Goldman Sachs Alternatives' Sustainable Investing arm, with Goldman committing up to $50 million in tranches and existing backers Revolution and EJF Ventures participating. The round brings the New York-based company's total equity and debt raised to more than $450 million since inception.
Kashable's differentiation lies in its responsible-lending positioning, deep payroll and HRIS integrations, and a long operating history in a category where trust and compliance matter. Its model competes with earned-wage-access providers and other employee financial wellness platforms, but it focuses specifically on structured, transparently priced installment credit rather than short-term advances alone.