Kashable has filed a notice of an exempt offering of securities to raise $42,000,989.00 in New Funding.
According to filings with the U.S. Securities and Exchange Commission, Kashable is raising up to $42,000,989.00 in new funding. The federal securities law requires the notice to be filed by companies...
According to filings with the U.S. Securities and Exchange Commission, Kashable is raising up to $42,000,989.00 in new funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
About Kashable
Kashable is an employer-sponsored voluntary benefit company that provides financial wellness products, financial education, and low-cost personal loans to employees. Its mission is to improve the financial well-being of working America by expanding equitable access to financial services and credit. Kashable integrates with employers human resources, benefits administration, and payroll systems, allowing loans to be repaid automatically through payroll deductions. The company positions its services as socially responsible financing and an alternative for employees who may struggle to obtain other types of financing when savings are insufficient or unexpected life events arise. Its loans range from $250 to $30,000, with repayment terms of six to 36 months and annual percentage rates ranging from 6% to 35.99%. Kashables technology and partnerships with HR and payroll platforms support its role in the growing employee financial wellness and fintech markets, and the company has raised $25.6 million for its employer-based lending tool.
To learn more, visit https://kashable.com/
LinkedIn: https://www.linkedin.com/company/kashable/
Contact:
Einat Steklov, Co-Chief Executive Officer
https://www.linkedin.com/in/einat-steklov-099650/
SOURCE: http://www.intelligence360.io
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