Kafene

Tomeka Greene and Belinda Kelton are representing Team Kafene this weekend at Booth 13 in the HFA Resource Center of the Furniture Plaza Building, at High Point Market Authority in North Carolina. Come by to say hi, learn more about Kafene, and pick up some swag! 😁 #HFAResourceCenter #FurniturePlazaBooth13 #hpmkt2023 #hpmkt

What does being a portfolio manager on Wall Street teach you about running a growth stage startup? Listen to our CEO Neal Desai’s discussion with Peter Renton about how his unusual career path led him to found Kafene, and how lease-to-own financing helps merchants increase their customers' buying power and build their credit scores.

We're very pleased to announce BrandSource as our latest national partner! They’re a member-owned buying organization with more than 4,500 member stores and cover many industry verticals. This is another big step forward for us! https://lnkd.in/emMHkWVh

Incredibly proud to be recognized by Forbes as one of the best startup employers - for the second year in a row! Being included on this prestigious list means the world to us, and it reflects our commitment to creating an A-plus culture where top talent can build thriving careers. https://lnkd.in/eqVPubsj Thank you to those of you who have been part of our journey so far. If you might be interested in joining our growing team, check out our job postings or reach out to us at [email protected]. 

Thrilled to announce two additions to the Kafene team: Vin Thomas as General Counsel & Corporate Secretary and Tony Cerino as SVP of Enterprise Partnerships. Their expertise and leadership will be instrumental in this next phase of our growth. Welcome aboard Vin & Tony! https://lnkd.in/gmqfwHnp #fintech #fintechnews #retailsales

We're excited to have Trinity Capital on board as a capital partner to help us continue our upward trajectory! #fintechnews #retailsales #financingsolutions

More exciting news as Kafene wraps up its best year yet: we're now integrated into Versatile Credit's network of preferred partners. We'll see more seamless integration with retailers big and small that will take our retail partnerships to the next level. We've doubled our merchant footprint in 2023 and we're approving ten percent more applicants YoY with consumer credit quality 30 points above historical averages, despite the macro backdrop. All signs of progress and resilience that we're proud of. More to come in 2024! https://lnkd.in/eNAZNbn7 #retailsales #pointofsale #retailnews #financingsolutions

Our new SVP of Partnerships Tony Cerino shared his two cents with Furniture Today on what the credit picture is going to look like for this upcoming year. His take:   1. There’s very little wiggle room remaining for consumers, as savings rates have dropped throughout the past couple of years. We’ve seen supply-side problems recently, but 2024 could bring demand-side challenges. 2. Debt is, by nature, inflexible. Leasing is debt-free and designed for flexibility, such as times when many consumers may feel the squeeze and need the flexibility to simply cancel.   https://lnkd.in/exxnGp5c   #retailsales #furniture #economy #consumerpsending #underwriting

This is an awesome honor and I’m proud as well as humbled to be part of this. I’ve been part of a few great teams to date, had many great mentors, and much more to come! Thank you!