Koalafi

Koalafi

Financial Services

Washington, DC 14,000 followers

Non-prime financing that helps retailers and their customers succeed

About us

Koalafi offers flexible payment plans and credit-building opportunities for the 121M non-prime U.S. consumers who don't qualify for traditional financing options. Koalafi integrates with a wide range of eCommerce platforms and in-store POS systems, making it easy for retailers to offer non-prime financing and increase conversion rates. Over 15,000 retailers and their customers trust Koalafi to deliver high approval rates, clear and simple terms, and industry-leading service.

Industry
Financial Services
Company size
201-500 employees
Headquarters
Washington, DC
Type
Privately Held
Founded
2014
Specialties
Machine Learning

Locations

Employees at Koalafi

Updates

  • View organization page for Koalafi, graphic

    14,000 followers

    We’re proud to introduce Nicole Douglas as the latest KoAllStar Winner! Nicole’s dedication to her work and her relentless drive to ask, "How can this be better?" exemplify the values we hold close. Her positive attitude, adaptability, and partnership have made a significant impact, ensuring our sales team is equipped with the support they need to assist our merchant partners. Congratulations to Nicole on this well-deserved recognition! We’re so lucky to have her on our team, and we look forward to seeing all the incredible things she will continue to achieve.

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  • View organization page for Koalafi, graphic

    14,000 followers

    We are excited to announce that our President, Eric Kobe, has been appointed as Koalafi’s new CEO. Kobe brings over 20 years of leadership experience to lead the next phase of our growth. Boomer Muth, co-founder and current CEO, will remain actively involved in the company as Executive Vice Chair of Koalafi’s Board of Directors. Read more about this transition and Koalafi’s exciting future: https://lnkd.in/eq8eNjjW #leadership #growth #fintech #consumerfinance

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  • View organization page for Koalafi, graphic

    14,000 followers

    Koalafi has been nominated for Furniture Today’s Reader Rankings "Best Consumer Financing Company" in the #Finance category. Last year, we were a finalist in this category and we need your help to win again this year! If you have just 30 seconds, here’s how you can vote for Koalafi: 1️⃣ Go to Furniture Today Reader Rankings 2024: https://lnkd.in/gyi6QfPj 2️⃣ Select the "Finance" category and then scroll down to the second sub-category, "Best Consumer Finance Company" and vote for Koalafi We appreciate your support! 🐨 🎉

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  • View organization page for Koalafi, graphic

    14,000 followers

    We are thrilled to welcome Mark Denman to the Koalafi team as our new Executive Vice President of Business Development! 🎉 Mark brings over 30 years of experience in leading teams, driving growth, and pioneering innovative solutions in the near and non-prime financing industries. His deep expertise and passion for improving financial access make him an incredible team member to help advance our mission. Please join us in welcoming Mark! Read more here: https://lnkd.in/gvp98j7n #Koalafi #Leadership #BusinessDevelopment #Retail #Financing 

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  • View organization page for Koalafi, graphic

    14,000 followers

    We’re always looking to improve our customer experience and provide our merchants with the best tools to get the most out of their Koalafi partnership. Thanks to feedback from our merchant partners, we’ve made some big product updates this summer! Here’s a look at what’s new: ✨ An enhanced payment estimator to help merchants better explain potential leasing costs to customers and how much customers can save by paying off early. ✨ A more user-friendly merchant portal, making it easier to manage applications and drive repeat purchases. ✨ An improved application experience with clearer guidance for customers who return to Koalafi. We’re rolling out these updates over the coming weeks and can’t wait to hear your feedback.

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  • View organization page for Koalafi, graphic

    14,000 followers

    We are excited to announce John Stobba as Koalafi's latest KoAllStars winner! John has demonstrated remarkable dedication, problem-solving skills, and a proactive approach that has significantly contributed to our success. His ability to embrace challenges, think critically, and consistently deliver high-quality results has set him apart. John's collaborative mindset and willingness to go beyond his defined role have garnered widespread praise from his peers. His efforts have not only improved processes but have also enhanced the efficiency and effectiveness of our team. We are grateful for John's commitment and are proud to recognize him with this well-deserved honor.

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  • View organization page for Koalafi, graphic

    14,000 followers

    Congrats to our partners at Home Zone Furniture on this amazing recognition as the best #furniture store on Trustpilot! Koalafi is proud to work with a team that delivers such an exceptional guest experience.

    View organization page for Home Zone Furniture, graphic

    1,016 followers

    What an accomplishment! This is an accumulation of all employees from all departments with one goal in sight - to create a wonderful guest experience! To all Home Zone team members, thank you for being a cut above!

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Funding

Koalafi 7 total rounds

Last Round

Debt financing
See more info on crunchbase