Full-Time
Koalafi
201-500 employees
Financing solutions for merchants' checkout processes
No salary listed
Junior, Mid
Richmond, VA, USA + 1 more
More locations: Arlington, VA, USA
- Bachelor’s degree required, preferably in a quantitative field such as Statistics, Mathematics, Economics, Business, or Engineering.
- 2+ years of consecutive experience in an analytical role within data science, consulting, or a similar field.
- Proficiency in Excel, SQL, and Python for data analysis.
- Ability to thrive in a fast-paced, entrepreneurial environment.
- Strong written and verbal communication skills with the ability to present data-driven insights effectively.
- Build and maintain reporting systems to measure and improve business performance.
- Conduct research and analysis to refine sales and marketing strategies.
- Collaborate with sales and marketing teams to develop compelling pitch materials for client presentations.
- Establish processes and best practices to enhance sales operations.
- Assist in developing business plans and gathering requirements for strategic projects.
Koalafi provides financing solutions that simplify the checkout process for merchants and improve customer satisfaction. Their service allows businesses, such as furniture retailers, to offer a single application that accommodates all credit types, enabling them to provide pay-over-time options to nearly every customer. This integration of financing directly into the checkout flow helps increase sales and customer retention, with approval rates for customers exceeding 90%. Koalafi generates revenue through fees for its financing services and partnerships with merchants. By using technology to streamline financing, Koalafi helps businesses tap into new revenue opportunities and adapt to evolving consumer buying habits.
Company Size
201-500
Company Stage
Early VC
Total Funding
$10.9M
Headquarters
Glen Allen, Virginia
Founded
2014
Simplify's Take
What believers are saying
- Koalafi's leadership expansion signals commitment to innovation and sustainable growth.
- Partnerships with platforms like Versatile Credit expand Koalafi's market reach.
- The rise of BNPL services aligns with Koalafi's pay-over-time offerings, capturing more market share.
What critics are saying
- Emerging fintech startups offering similar solutions could erode Koalafi's market share.
- Rising interest rates may reduce demand for Koalafi's financing products.
- Dependence on furniture retailers means sector downturns could impact Koalafi's revenue.
What makes Koalafi unique
- Koalafi offers a single application for all credit types, enhancing merchant sales.
- The company integrates financing directly into checkout, boosting conversion and approval rates.
- Koalafi's model supports pay-over-time products, increasing customer retention and satisfaction.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Unlimited Paid Time Off
Paid Vacation
401(k) Retirement Plan
401(k) Company Match
Student Loan Assistance
Tuition Reimbursement
Commuter Benefits
Parental Leave
Inclusion and Associate Engagement Programs
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↓ -2%2 year growth
↓ -7%RICHMOND, Va., April 16, 2025 /PRNewswire/ -- Koalafi, a leading consumer finance company, today announced a series of strategic leadership appointments that signal the company's continued momentum and commitment to innovation and sustainable growth.Charles Battle has joined the company as Chief Product and Technology Officer (CPTO), bringing a proven track record of building high impact fintech product and technology teams, most recently as the Head of Product at Ibotta. In his new role, Battle will oversee product strategy, engineering, and platform innovation, helping Koalafi scale its financing offerings and retail footprint."We're thrilled to welcome Charles to the leadership team," said Eric Kobe, CEO of Koalafi. "His deep expertise at the intersection of technology and consumer finance will be instrumental as we enhance our platform and deliver smarter, more inclusive financing solutions to merchants and the customers they serve."Koalafi also announced the addition of two accomplished industry veterans to its Board of Directors:Miles Reidy, Partner Emeritus at QED Investors, brings decades of experience in financial services and retail, including previous leadership roles as CFO at Sears Holdings and Audax Health. At QED, Reidy has been a trusted advisor to numerous high growth fintech companies, helping them scale responsibly.Steve Allocca, a fintech executive and entrepreneur, joins the board with deep operational and lending expertise. Most recently CEO of Funding Circle US, Allocca has also profitably grown multi-billion-dollar businesses at several leading financial institutions, including PayPal, Wells Fargo, LendingClub, and Bluevine."Miles and Steve bring an extraordinary breadth of experience and insight into the challenges and opportunities of modern consumer finance and scaling businesses," said Kobe. "Their guidance will be invaluable as we double down on our mission to provide inclusive financial products that help businesses and consumers succeed."These leadership appointments reflect Koalafi's strong growth trajectory and its vision to modernize point-of-sale financing with a focus on transparency, access, and customer experience.About KoalafiKoalafi (koalafi.com) offers convenient and transparent financing options that enable non-prime consumers to make life-changing purchases
Koalafi is a winner in Furniture Today's 2025 Reader Rankings awards.
Koalafi, a financial technology company committed to delivering inclusive financial products, is pleased to announce the appointment of Mark Denman as Executive Vice President of Business Development, effective August 28, 2024.
Eric Kobe joins Koalafi as President, bolstering leadership team for next phase of growth.
Koalafi Is Hiring is proud to announce that Koalafi was named as one of two finalists in Furniture Today's 2023 Reader Rankings survey.