US fintech Kashable raises $25.6m Series B funding

Jan 23, 2024•almost 2 years ago

Amount Raised

$25.6 Million

New YorkFinancial Services

Investors

Krillion VenturesEjf CapitalMoneta VenturesRevolution Ventures

Description

US fintech Kashable has secured $25.6 million in a Series B funding round led by Californian venture capital firms Revolution Ventures and Moneta Ventures, with participation from EJF Capital and Krillion Ventures. The funding will be used to develop additional financial wellness services by expanding its research and development technology team, with the aim of tapping the wider credit spectrum and refining its underwriting model.

Company Information

Company

Kashable

Location

New York, New York, United States

About

At Kashable, we're committed to a values-driven approach and are dedicated to helping reshape your financial journey. As a socially responsible financing solution seamlessly integrated into employer-sponsored benefits, we leverage innovative technology to provide quick access to affordable credit. Eligible employees can experience the ease of securing a Kashable loan online within minutes, with convenient repayment through payroll. Kashable is here to offer a purposeful financial solution to help ensure a smoother path for you. Choose Kashable for a brighter financial future.

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