Latest news with #LendPro
Yahoo
25-07-2025
- 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


Associated Press
26-04-2025
- Business
- Associated Press
LendPro and SPLICE Software Announce Strategic Partnership to Enhance Retail Financing Engagement
CHARLOTTESVILLE, Va. and CHICAGO, April 26, 2025 /PRNewswire/ -- LendPro, a leading provider of cloud-based consumer financing solutions, and SPLICE Software, an award-winning customer engagement platform, are pleased to announce a strategic partnership aimed at transforming the retail financing experience. This collaboration integrates LendPro's multi-lender application waterfall system with SPLICE's Data-Driven Dialogs®, enabling retailers to deliver personalized, timely, and compliant customer communications across multiple channels. The joint solution empowers merchants to increase financing approvals, drive higher ticket sales, and enhance customer satisfaction through seamless, automated engagement. 'Our partnership with SPLICE Software represents a major advancement in how merchants can engage with their customers after the initial financing conversation. By combining LendPro's multi-lender application waterfall with SPLICE's intelligent communication platform, we are creating a powerful ecosystem where merchants don't just capture leads — they nurture them.' Said Matt Dishman CEO of LendPro 'Through this collaboration, merchants will now have the ability to drive Pre-Qualified Offers and Open-to-Buy financing opportunities back to the consumer — all tied directly to the original merchant who created the lead. This means merchants maintain ownership of their customer relationships, create more buying moments, and ultimately increase ticket sizes and lifetime value.' 'At LendPro, our goal has always been to empower merchants to serve more customers and close more sales. This partnership ensures that no opportunity is left behind — it brings financing full circle, from initial application to ongoing personalized engagement.' 'We are excited for what this means not only for our retailers, but for the future of embedded consumer financing and customer-centric marketing.' 'Our partnership with LendPro brings a new level of personalization and efficiency to retail financing communications,' said Tara Kelly, President & CEO of SPLICE Software. 'Our combined technologies will enable retailers to engage customers more effectively, fostering stronger relationships and driving business growth.' Come visit us Furniture Market in the Resource Center booth #12 About LendPro Founded in 2011, LendPro offers a cloud-based lending platform designed to facilitate consumer applications for retail finance programs. The company's platform enables consumers to apply for financing from multiple lender partners integrated into the Open-to-Buy ecosystem, covering a wide range of credit profiles. LendPro's solutions are utilized across various industries, including home furnishings, medical and dental, mobile electronics, automotive, and jewelry. About SPLICE Software SPLICE Software is a leading customer engagement company focused on insurance, retail, financial services, and healthcare. SPLICE's Data-Driven Dialogs® enable businesses to send proactive notifications and engage in two-way dialogues via their channels of choice, including text, chat, call, email, and voice-first, with full opt-in and opt-out management. Media Contacts: SPLICE Software Email: [email protected] 403 720 - TEAM LendPro Email: [email protected] Phone: (434) 202-0137 View original content: SOURCE SPLICE Software Inc