kennek Raises $12.5M in Seed Funding

kennek
kennek 2023 – (L to R – Thibault, Xavier, Edmund)

kennek, a London, UK-based fintech company that offers an operating system for lenders, raised $12.5M in Seed funding.

The round was led by HV Capital with participation from Dutch Founders Fund, AlbionVC, FFVC, and Plug & Play Ventures and Syndicate One.

The company intends to use the funds to double-down on the traction it has in the UK, as well as enlarge the tech team and accelerate its product roadmap.

Founded in 2021 by Xavier De Pauw, Thibault Lancksweert and Edmund Parsons, kennek provides an operating system for lending. The platform brings all the aspects of lenders operations onto a single platform: from loan origination, all the way through to monitoring & servicing as well as investor reporting. The company integrates API-based solutions, allowing lenders to leverage new technologies for open banking, open finance, payments, credit scoring, and more, without the cost and hassle of integration.

FinSMEs

10/10/2023