Koalafi
Provides point-of-sale and lease-to-own financing for consumers.
Company facts
- Founded
- 2014
- Employees
- 245
- Headquarters
- United States
- Type
- Private
- Funding
- Debt Financing · $75M · 2022
About
Koalafi offers flexible payment plans and credit-building opportunities for the 121 million non-prime U.S. consumers who don't qualify for traditional financing options. By integrating with a wide range of eCommerce platforms and in-store point-of-sale systems, Koalafi makes it easy for retailers to provide non-prime financing, which in turn increases conversion rates and sales. With a trusted reputation, Koalafi supports over 15,000 retailers and their customers, providing high approval rates along with clear and simple terms. The growing partnership with merchants allows consumers access to financing that can help them purchase needed items, despite challenges with credit scoring. Beyond offering financial solutions, Koalafi aims to empower consumers to improve their financial futures while enabling businesses to grow and attract a broader customer base. This commitment to transparency and customer satisfaction is reflected in Koalafi's superior Net Promoter Score, placing it among the top consumer finance companies. The company's exceptional service is rooted in understanding the unique needs of both merchants and consumers, thus, creating a symbiotic relationship that fosters lasting growth. Koalafi’s lease-to-own financing can lead to increased sales, a higher average order value, and the potential to build long-term customer loyalty.