Kafene

company

About

Kafene is a mission driven startup with the goal of empowering flexible ownership.

  • 51 - 100

Details

Last Funding Type
Series B
Last Funding Money Raised
$18M
Industries
E-Commerce,Financial Services,FinTech,Mobile Apps,Software
Founded date
May 22, 2019
Number Of Employee
51 - 100
Operating Status
Active

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.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$32M
Kafene has raised a total of $32M in funding over 2 rounds. Their latest funding was raised on Sep 13, 2022 from a Series B round.
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

Investors

Number of Lead Investors
Number of Investors
2
Kafene is funded by 2 investors. Gaingels and Xffirmers are the most recent investors.
Investor Name Lead Investor Funding Round
Gaingels Series B
Xffirmers Series B