Employer-Sponsored Benefit Provides Employees with Affordable Credit and Financial Wellness Tools

New York, NY (May 21, 2026)-The American Fintech Council (AFC), the largest industry association representing both responsible fintech companies and innovative banks, announced the addition of Kashable as its newest member. Kashable partners with employers to provide low-cost credit as an employee benefit, along with a suite of financial wellness tools.

As financial stress increasingly impacts workforce productivity, retention, and overall wellbeing, Kashable’s employer-integrated financial wellness platform provides critical finance solutions to consumers. By joining AFC, Kashable becomes part of a growing coalition committed to advancing financial health, consumer protection, and responsible innovation at scale.

“Kashable’s approach to affordable credit meets workers where they are by integrating with employers to provide crucial financial flexibility, credit monitoring, and education,” said Phil Goldfeder, CEO of the American Fintech Council. “Workers need clear and transparent access to affordable credit to meet life’s unexpected expenses and invest in their futures. Kashable makes that happen as an employer-sponsored benefit, extending the workplace relationship to financial wellness and giving workers real alternatives. We are pleased to welcome Kashable to AFC as we collaborate on policy frameworks to support responsible innovation that brings consumers better choices and greater financial well-being.”

Kashable’s fintech platform, which covers more than 4 million employees, integrates with HR and payroll systems. This model allows for loan underwriting that considers employment data rather than relying solely on traditional credit scores. Therefore, Kashable can provide low-cost financing for employees who may otherwise turn to draws from retirement plans or high-cost debt options. Kashable also offers credit monitoring, financial coaching and financial education tools that help its customers build their credit scores through loan repayment and foster long-term financial stability.

Further validation of Kashable’s model was the company’s recent $60m Series C funding round, which was led by Goldman Sachs Alternatives. The investment from such a prominent impact fund reflects growing institutional confidence in Kashable’s ability to scale responsible financial solutions that meaningfully expand access and improve financial stability for working Americans.

“At Kashable, we believe employer-sponsored financial wellness should stand side by side with healthcare and retirement plans, as a core pillar of employee wellbeing” said Einat Steklov, Co-Founder and Co-CEO of Kashable. “Financial stress remains one of the leading drivers of employee turnover, absenteeism and lost productivity, making it imperative for employers to provide meaningful support to their teams. By collaborating with the American Fintech Council, we’re helping shape a more responsible financial ecosystem: one that prioritizes innovation, consumer protection, and greater access to financial tools that empower working Americans to achieve long-term financial success.”

A standards-based organization, the American Fintech Council is the largest and most diverse trade association representing financial technology (fintech) companies and innovative banks. On behalf of over 150 member companies and partners, AFC promotes a transparent, inclusive, and customer-centric financial system by supporting responsible innovation in financial services and encouraging sound public policy. AFC members foster competition in consumer finance and pioneer products to better serve underserved consumer segments and geographies.

About Kashable
Kashable is a financial technology company that provides access to Socially Responsible Credit® and financial wellness solutions for employees, offered as a voluntary benefit. Kashable’s platform is available to over 4 million employees across hundreds of large employers nationwide. Founded in 2013, Kashable leverages innovative technology to improve the financial well-being of working Americans with a commitment to both reliability and affordability. Kashable offers a fast responsible alternative for employees who may otherwise turn to borrow from retirement plans, high-interest credit cards, or other high-cost options to bridge short-term gaps in their finances, creating a path to greater financial security. For more information, visit Kashable.com.

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