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.