TLDR Tech / Fintech
Goldman backs Kashable with $60M to scale employer-based lending
Kashable raised a $60 million Series C led by Goldman Sachs Alternatives, highlighting investor interest in employer-integrated lending models. The company offers lower-cost personal loans and financial wellness tools by leveraging payroll data, which improves underwriting and reduces default risk. With $2 billion in loans issued, profitability, and 40% growth, Kashable's model positions it as a structured alternative to high-interest consumer credit.
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