.webp)
Koalafi is a fintech company founded in 2014 that offers lease-to-own and pay-over-time financing solutions, particularly targeting consumers who may have limited access to traditional credit. The company partners with merchants to embed flexible financing at the point of sale, enabling more consumers to make essential purchases now while potentially building their credit through on-time payments.
Koalafi is a lease-to-own platform that helps over 28,000 merchants offer credit to their customers, helping to close the financing gap for millions of non-prime consumers while merchants close more sales.
Snowflake is Koalafi’s enterprise data platform and contains all critical data needed for internal and external reporting.
“Our Snowflake spend was steadily increasing each month before Espresso. We were forced to increase our Snowflake contract spend each year.” - Cameron Dobbs, Senior Director of Data Engineering
Espresso and Koalafi
“The steady increase in Snowflake cost made all of us concerned for the long term viability of our data platform. Espresso was able to alleviate that concern.”
Koalafi uploaded 2 weeks of metadata, and within 24 hours we turned around a savings estimate that projected we would save them 33% in production. They switched us on, and immediately saw their bill decrease by a third.
“The experience was seamless and the product works as promised.” - Cameron Dobbs
Over a year later, we’re still saving them a third on their bill. They have recently been directing these savings into other AI tooling.
“The savings on Snowflake enabled Koalafi to commit more investment into other tools within their data platform such as AI services.” - Cameron Dobbs
.png){kind=logo}
