Director of Human Resources, Kafene
$140-160k
More information about location
4+ days a week in office (Manhattan, NY )
Lease-to-own options for furniture, appliances, electronics, and more
Be an early applicant
Lease-to-own options for furniture, appliances, electronics, and more
101-200 employees
Be an early applicant
$140-160k
More information about location
4+ days a week in office (Manhattan, NY )
101-200 employees
Company mission
To empower flexible ownership solutions.
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Company mission
To empower flexible ownership solutions.
Few candidates hear
back within 2 weeks
Our take
Historically, bad credit and poor purchasing power have excluded many consumers from buying higher-priced household items. Classic lenders are reluctant to offer plans to those with poor or absent credit pasts, and it can be hard for low-income households to save enough money for upfront purchasing. Kafene, founded in 2019, integrates lease-to-own agreements at point-of-purchase; opening up furniture, appliance, and electronics businesses to underserved consumers.
Lease-to-own is no new concept, but bringing this type of agreement to furniture and similar markets is relatively novel by comparison. Kafene’s toolbox – driven by custom-built technology – underwrites, approves, and enables payment in less than five minutes. Its point-of-sale nature means it does not interrupt the shopping experience and, additionally, consumers can manage existing leases through the website which encourages a positive consumer-lender relationship.
Kafene has seen substantial investment which is set to increase headcount to meet demand from merchants and consumers. Although it is only one of many buy-now-pay-later startups, the market for these platforms is huge and there is certainly room within it for Kafene to continue to grow.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- 401(k) plan and options for medical HSA and FSA
- Generous paid time off and parental leave
- Hybrid workplace setup with home office equipment provided
- Comprehensive healthcare coverage, including dental, vision, and dependent care benefits
Company values
- Communicate simply: Prioritize stakeholder engagement and understanding. Communicate your logic and welcome feedback
- Seek continuous improvement: Continue to ask yourself, "how can I make this better?"
- Take calculated risks: Play to win and keep your eyes on the prize
- Be data driven: Make thoughtful, systematic decisions based on the best data you have
Funding (last 2 of 6 rounds)
Oct 2023
$12.6m
SERIES B
Sep 2022
$18m
SERIES B
Total funding: $77.1m
This company has top investors
Leadership
Neal Desai
(Co-Founder & CEO)Former CFO at Octane Lending. Prior experience as a Portfolio Manager. Has worked at Summit Securities Group, Hard Eight Holdings, and Merrill Lynch.
James Schuler
(Co-Founder & CTO)Co-founded Atlas Holdings Group, FundElevator and Eligible Inc, and was CTO at all three.
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