Kashable Secures $25.6 Million to Expand Employment-Focused Lending Services

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Fintech company Kashable is the latest to also grab some venture capital attention for its approach to offering credit and financial wellness products as an employer-sponsored voluntary benefit. In total, the company raised $45 million in equity capital and over $175 million in debt capital. Financial wellness is one of the areas many of the startups get into. “When we first started our journey in 2013, financial wellness was just an emerging concept,” Kumar told TechCrunch. In addition, Kashable offers financial education resources, including credit monitoring, individual financial coaching and budgeting tools.