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Podcast: Wharton FinTech Podcast
Episode: Neal Desai, CEO & Co-founder of Kafene - Enabling financial flexibility through lease-to-own
Description: Tarang Gupta hosts Neal Desai, CEO & Co-founder of Kafene, a fintech company helping consumers with affordable lease-to-own options for furniture, appliances, electronics, tires, and more.
In this episode you will hear about
- What is lease-to-own (LTO) and how it is different from the BNPL model
- Challenges of disrupting and modernizing a legacy industry
- Difference between financing companies holding risk on balance sheets vs those that operate as a marketplace
- Not letting fear dictate one's decision making process
- Value that an MBA added to Nealβs entrepreneurial journey
And much more!
About Neal Desai
Neal Desai is...