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Kashable
Socially responsible credit for employees
- 21-100 employees
- B2B
- HR
- Financial Services
- SaaS
- Midtown South, New York, NY
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Company mission
To offer socially responsible financing to employees as an employer-sponsored voluntary benefit.
Our take
Kashable is making strides in the employee benefits market by offering financial wellness products and employment-based loans integrated directly into payroll systems.
Founded in 2013, its model has proved crucial during the economic disruption of the COVID-19 pandemic, providing over 300,000 loans through more than 250 employers. Many borrowers have seen significant credit score improvements, moving from subprime to near-prime categories.
Recently raising funding, Kashable will use the cash to support expansion, enhance financial wellness services, and grow its R&D team. With 50% annual revenue growth and $300M in yearly loan volumes, Kashable is well-positioned for continued success.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Generous Healthcare coverage including dental and vision benefits
- 401k Plan with Employer match
- FSA Plan
- Great PTO and holidays
- Subsidized ClassPass membership
- Pet-friendly office
- Weekly catered lunches and unlimited snacks in fully stack kitchen
- Paid parental leave
- Commuter benefits
Funding (1 round)
Jan 2024
$25.6m
SERIES B
Total funding: $25.6m
Leadership
Rishi Kumar
(Co-CEO)Co-founder and Managing Partner of Coral Capital Solutions. MIT Computer Scientist and former Derivatives Trader on Wall Street.
Einat Steklov
(Co-CEO)Co-founder of Coral Capital Solutions, which they helped launch in 2008.