Kafene is a mission driven startup with the goal of empowering flexible ownership.
Kafene is a mission-driven startup with the goal of empowering flexible ownership for the customers that need it most. Backed by some of the top VCs in fintech, Kafene brings flexible payment options to products like furniture, appliances, electronics, musical instruments, and jewelry while protecting consumers from the traps of traditional debt products. If a consumer can no longer make payments on their merchandise, Kafene understands. The consumer can simply return the item with no obligation and no residual debt. This freedom is powered by a best-in-class consumer-facing technology platform that includes app-based point-of-sale virtual wallets and AI-based underwriting.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Sep 13, 2022 | Series B | $18M | 2 | — | — | Detail |
Jun 8, 2021 | Series A | $14M | 1 | — | — | Detail |