Amount Raised
$75 Million
Round Type
Funding Round
New YorkCommerce and ShoppingFinancial ServicesSoftwareMobileCommerce And ShoppingDescription
Kafene, a fintech company bringing innovation to a key segment of the point-of-sale financing market, has secured $75 million in additional debt and equity to accelerate company growth. The package included a $50 million credit facility from Credit Suisse, a leading global investment bank and financial services firm, with an additional $10 million provided by Hudson Cove Capital Management, an alternative credit asset manager. An additional $15 million was added to Kafene's original Series A investment, bringing the total to $30 million, co-led by equity investors Valar Ventures and Third Prime. The $75 million in capital allows Kafene to scale its retail footprint and significantly expand delivery of its financing platform to the 100 million-plus under-banked U.S
Who else raised in Commerce and Shopping and Financial Services around the same time
Companies in the same sectors as Kafene, Inc. that raised within 45 days of this round, from Fundz verified event records.
- Anchorage Digital raised $350M (Funding Round) on December 15, 2021.
- Anchorage Digital raised $350M (Series D) on December 15, 2021.
- Gemini raised $400M (Private Equity) on November 18, 2021.
- Market raised $26M (Debt Financing) on December 27, 2021.
- CarpeDM raised an undisclosed amount (Funding Round) on December 23, 2021.
- Sales Rabbit raised an undisclosed amount on December 21, 2021.
Who to call at Kafene, Inc., and when
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- An alert the day Kafene, Inc. raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Kafene, Inc., from your own LinkedIn network
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Related People
Kafene, Inc. raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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