TLDR: Trinity Capital Inc. has committed $15 million in growth capital to Kafene, a point-of-sale platform that offers underserved consumers flexible lease-to-own purchase options. Kafene’s lease-to-own platform uses machine learning to offer each customer an optimized financing option based on their risk profile. The funding will enable Kafene to continue scaling its operations and reach a broader consumer base.
Trinity Capital Inc. has provided $15 million in growth capital to Kafene, a point-of-sale platform that helps retailers offer underserved consumers more flexible purchase options through transparent lease-to-own agreements. Kafene’s lease-to-own platform uses a proprietary machine learning model that analyzes over 20,000 data inputs to offer customers an optimized financing option based on their risk profile. The funding will be used to support Kafene’s continued growth and allow the company to serve its growing network of merchants and customers.
