Kashable
“Can employer-sponsored payroll-deducted lending become the primary affordable credit channel for working Americans at scale?”
Founded in 2013, Kashable positioned itself as an employer-sponsored voluntary benefit providing low-cost personal loans to employees, using payroll deduction as a repayment mechanism to reduce credit risk. The company deepened its embedded finance approach by building integrations with major HR and payroll platforms (including UKG), allowing loan origination and repayment to occur entirely within the employer benefits stack. By 2024–2026, Kashable shifted from a direct lending model toward a scaled, credit-facility-backed platform, bringing in institutional capital from Goldman Sachs and Nomura to grow origination volume while expanding employer partnership depth.