Low-frequency currents and eddies transport sediment, pathogens, larvae, and heat along the coast and between the shoreline and deeper water. Here, low-frequency currents (between 0.1 and 4.0 mHz) observed in shallow surfzone waters for 120 days during a wide range of wave conditions are compared with theories for generation by instabilities of alongshore currents, by ocean-wave-induced sea surface modulations, and by a nonlinear transfer of energy from breaking waves to low-frequency motions via a two-dimensional inverse energy cascade. For these data, the low-frequency currents are not strongly correlated with shear of the alongshore current, with the strength of the alongshore current, or with wave-group statistics. In contrast, on many occasions, the low-frequency currents are consistent with an inverse energy cascade from breaking waves. The energy of the low-frequency surfzone currents increases with the directional spread of the wave field, consistent with vorticity injection by short-crested breaking waves, and structure functions increase with spatial lags, consistent with a cascade of energy from few-meter-scale vortices to larger-scale motions. These results include the first field evidence for the inverse energy cascade in the surfzone and suggest that breaking waves and nonlinear energy transfers should be considered when estimating nearshore transport processes across and along the coast.