Welcome back to Fintech Business Podcast. In this episode, I talk to Neal Desai, co-founder and CEO of lease-to-own startup Kafene — which just announced it has raised an $18 million Series B. Congrats to Neal and the entire Kafene team!
We had a chance to talk about:
How lease-to-own works & how it’s different than BNPL
What’s “fintech” about Kafene vs. legacy players like Aaron’s and Rent-a-Center
How Kafene’s lease-to-own can actually be cheaper than credit cards
How Kafene underwrites risk and handles customers who can’t pay
and more!
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Interview: Neal Desai of Kafene