logo
#

Latest news with #Kafene

Kafene Joins LendPro's Financing Ecosystem, Expanding Access to Lease-to-Own Solutions for Retailers and Consumers Across the Credit Spectrum
Kafene Joins LendPro's Financing Ecosystem, Expanding Access to Lease-to-Own Solutions for Retailers and Consumers Across the Credit Spectrum

Yahoo

time25-07-2025

  • Business
  • Yahoo

Kafene Joins LendPro's Financing Ecosystem, Expanding Access to Lease-to-Own Solutions for Retailers and Consumers Across the Credit Spectrum

NEW YORK, July 25, 2025 /PRNewswire/ -- Kafene, a point-of-sale leasing platform that helps retailers offer credit-constrained customers more flexible purchase options through lease-to-own ("LTO") agreements, today announced a partnership and integration with LendPro, a leading provider of in-store and e-commerce lending technology solutions designed to match consumers with financing options that fit their credit profile. Through this integration, Kafene becomes part of LendPro's expanding network of financing providers, enhancing the platform's ability to serve retailers and consumers with a broad range of credit profiles. Retailers using LendPro can now access Kafene's innovative tiered leasing model, offering a seamless way to serve customers who may not qualify for traditional credit, while driving increased conversions on big-ticket items like furniture, appliances, electronics, and tires. "This partnership with LendPro represents another major step in our mission to democratize access to ownership through flexible lease-to-own options," said Tony Cerino, Executive Vice President of Revenue at Kafene. "By integrating into LendPro's technology platform, we're making it even easier for retailers to present real-time leasing options to their customers, ultimately helping underserved consumers complete purchases and retailers grow their business." "Kafene brings a proven lease-to-own solution that fills a vital gap for consumers who often fall outside traditional lending criteria," said Matthew Dishman, CEO of LendPro. "We're excited to welcome them into our financing network, helping retailers deliver more approvals, better customer experiences, and greater sales lift. As economic conditions continue to evolve, giving consumers more pathways to purchase is more important than ever." For more information on Kafene, please visit About KafeneKafene is a leading point-of-sale leasing partner dedicated to empowering flexible ownership solutions for underserved customers nationwide. By enabling retailers to offer LTO purchase options for prime and nonprime consumers, Kafene helps merchants grow their customer base and meet rising demand for durable goods. Leveraging cutting-edge AI and machine learning, Kafene delivers a best-in-class experience for both retailers and customers. Since launch, Kafene has helped generate over $300 million in incremental retail sales. Learn more at About LendProLendPro is a technology company that connects retailers and lenders with consumers through a frictionless, cloud-based financing platform. Whether in-store or online, LendPro's tools enable customers to explore and apply for a wide range of financing options, improving approval rates and increasing average order values for merchants. For more information, visit Contacts For Kafene: press@ For LendPro: Matthew Dishman ceo@ View original content to download multimedia: SOURCE Kafene

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store