According to filings with the U.S. Securities and Exchange Commission, Kafene is raising $17,499,994.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Neal Desai played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Kafene
Were Kafene, a mission driven fintech company with the goal of empowering flexible ownership solutions. Our best in class technology brings innovative point of sale and omnichannel financing to industries like furniture, appliances, and electronics. Kafenes core product is a digital web and app-based financing platform that underwrites, approves, and enables payment in less than 5 minutes. Driving the experience is a suite of custom built technology at the cutting edge of payment processing, servicing, and underwriting. We are backed by some of the top Venture Capital and Credit firms in fintech including Valar Ventures, Third Prime Capital, and Upper90.

To learn more about Kafene, visit http://www.kafene.com/

Contact:
Neal Desai, Chief Executive Officer
855-420-0747
https://www.linkedin.com/in/neal-desai-ab0b90/

SOURCE: http://www.intelligence360.io
Copyright (c) 2023 SI360 Inc. All rights reserved.