Kafene offers lease-to-own options for furniture, appliances, electronics, tires, and wheels. Customers apply online with basic information, and no credit check is required, with credit impact avoided. Once approved (up to $5,000), they can lease items from a store of their choice, with pricing tailored to their needs. Revenue comes from lease payments, which are designed to be flexible and easy to understand. The service emphasizes professionalism and a customer-centric approach, including accommodating changes in payment schedules. Compared with competitors, Kafene eliminates credit checks and provides flexible terms and store-choice leasing. The goal is to give consumers financial flexibility and an affordable path to ownership without upfront payments or traditional credit-based financing.
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$152M
Headquarters
New York City, New York
Founded
2019
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