Kashable, a New York-based FinTech company, has raised $25.6 million in a Series B funding round. The funding will be used to fuel the company’s expansion and development of new financial wellness services. Kashable offers affordable credit and financial education to employees as an employer-sponsored voluntary benefit. Its platform uses real-time employment data and other factors to make fully automated credit decisions. The company also provides resources such as credit monitoring and budgeting tools to promote financial wellness. Kashable has partnerships with over 250 employers and has provided access to low-cost loans to over 2.5 million employees.
Kashable’s groundbreaking finance app secures $25.6m in Series B investment.
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