3 years ago

Kennek Secures £3.7 Million to Streamline Lending Operations for Credit Providers

  • London-based fintech startup Kennek has raised £3.7 million in a pre-seed funding round led by Dutch Founders Fund

  • The company offers an operating system for credit providers, addressing inefficiencies in alternative lending

  • The platform provides live data feeds, analytics, and audit trails, aiming to streamline lending operations and connect investors with borrowers like SMEs and property developers.

      • ProblemFinancial Services

      "The alternative lending industry is still heavily reliant on manual workflows and simple spreadsheets, making it difficult to scale and inefficient."

      Solution

      "Kennek has developed a software-as-a-service platform that includes live data feeds, advanced analytics, and a full audit trail to streamline lending processes and make them more efficient and scalable."

      Covered on