octane-lending
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Neal Desai
Neal Desai is the CEO and co-founder of Kafene, a New York fintech that lets people without prime credit lease-to-own furniture, appliances, electronics and tires at the point of sale. A molecular biology major from Princeton who spent more than a decade trading equity derivatives on Wall Street, he later became CFO of powersports lender Octane before spending six months methodically studying 45-plus specialty finance niches and choosing lease-to-own. Kafene approves applicants in seconds for an average of roughly $2,700, assigns up to ten risk grades, reports to all three credit bureaus, and has raised well over $100 million from investors including Third Prime, Valar Ventures and Global Founders Capital.
Michael Fanfant
Michael Fanfant is a General Partner at Runa Capital, a $200M+ early-stage VC firm, where he backs B2B SaaS and regulated-industry startups in fintech, edtech, and digital health. Before turning investor, he co-founded Octane Lending — a point-of-sale financing platform for powersports vehicles that hit a $900M+ valuation in 2021. A Stanford economics graduate, Kauffman Fellow (Class 27), and Events & Community Chair at BLCK VC, Fanfant brings the operational credibility of a builder and the pattern-recognition of an investor to every check he writes.