kennek provides an operating system for lenders that consolidates all aspects of lending operations onto a single platform. The platform covers loan origination through monitoring and servicing, and includes investor reporting. It integrates API-based solutions so lenders can adopt open banking, open finance, payments, credit scoring and other technologies without costly integration work. The company raised $12.5M in Seed funding to support growth. kennek plans to use the capital to double down on traction in the UK, enlarge its engineering team, and accelerate its product roadmap. Founded in 2021, the company was started by Xavier De Pauw, Thibault Lancksweert and Edmund Parsons. kennek offers a SaaS-powered, vertically integrated operating system that enables lenders and loan investors to streamline operations and operate cost-efficiently. Its platform includes modules for origination, servicing & monitoring, investor reporting, and access to a capital marketplace. The company serves clients operating in SME loans, R&D credit, and commercial real estate. Kennek works with existing lenders and banks and with new lenders that can be launched efficiently using its lender-in-a-box, acting as a lender incubator by providing credit expertise, the full operating system, and access to institutional funding. Corporates also use kennek to offer embedded credit and to manage receivables financing. The company was founded in 2021 and is based in London.

Total raised

$17M

Funding rounds

2

Latest round

Seed

Latest activity

Oct 2023