Founded in 2024 in Dublin by Christopher Lynch and Mark Noone, Rekord is building a unified orchestration layer that connects core banking and loan-origination systems with external data sources such as credit bureaus and open-banking providers. The platform lets lenders design, test, and launch fully automated, explainable decision flows for mortgages, SME lending, and consumer credit. By replacing fragmented manual processes, Rekord claims it can reduce the manual work involved in credit origination by up to 80 %, cutting operating costs and accelerating cycle times. The solution is designed to help financial institutions comply with emerging regulations around AI transparency and bias while improving customer experience. Over the next six months, the company plans to onboard additional design partners, run pilot programs with selected institutions, and expand across the EU and UK. The fresh capital will also support team growth to meet rising demand for compliant, AI-driven credit automation.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Sep 2025