Kafene: Funding, Investors & Team (Sep 2026)
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.
Kafene has raised $78.0M across 2 funding rounds on record, the most recent a Series B of $18.0M announced in Sep 2022.
That round is above the $4.1M median round size for Apps companies tracked on FundedIQ over the last two years.
Kafene Company Profile and Key Stats
Latest funding round on record: Sep 2022.
Kafene Funding Rounds
Kafene raised $60.0M in a Debt Financing announced in Nov 2021.
10 months later, a Series B of $18.0M was announced in Sep 2022.
Kafene Founders and Leadership Team
Contact details for the Kafene team: 1 of 1 has an email address on file.
Start 14-day free trial →Kafene Funding Compared to Other Apps Startups
Kafene's latest round of $18.0M is above the median round in Apps. Medians cover the last 24 months of disclosed rounds.
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Kafene Funding FAQs
What does Kafene do?
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.
How much funding has Kafene raised?
Kafene has raised $78.0M across 2 rounds on record. The most recent is a Series B of $18.0M announced in Sep 2022.
When did Kafene last raise funding?
Kafene's most recent funding round on record is a Series B of $18.0M, announced in Sep 2022.
Who is the CEO of Kafene?
Neal Desai is listed as CEO at Kafene.
Where is Kafene headquartered?
Kafene is based in New York, United States.
How many employees does Kafene have?
Kafene is in the 51-100 employee band.
How does Kafene's funding compare to other Apps startups?
Kafene's latest round of $18.0M is above the $4.1M median round size for Apps companies on FundedIQ across 2,426 tracked companies over the last two years.
About FundedIQ's Kafene Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Kafene is left off this page rather than filled in.
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