Kafene Partners with LendPro to Expand Lease-to-Own Options
Kafene, a point-of-sale leasing platform, announced a partnership and integration with LendPro, a provider of in-store and e-commerce lending technology solutions designed to match consumers with financing options that fit their credit profile.
Through the integration, Kafene becomes part of LendPro’s 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 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," says 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 helps retailers offer credit-constrained customers more flexible purchase options through lease-to-own agreements.
“Kafene brings a proven lease-to-own solution that fills a vital gap for consumers who often fall outside traditional lending criteria,” says 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.”