Kennek Raises $12.5M in Seed Funding for Fintech Innovation
Kennek, a London-based fintech company, recently announced that it has raised $12.5 million in Seed funding. The round was led by HV Capital, a prominent investor in the tech industry. Other key participants in the funding round include Dutch Founders Fund, AlbionVC, FFVC, and Plug & Play Ventures and Syndicate One. With this new injection of capital, kennek aims to further strengthen its position in the UK market, expand its tech team, and accelerate its product roadmap.
Established in 2021 by Xavier De Pauw, Thibault Lancksweert, and Edmund Parsons, kennek provides an innovative operating system designed specifically for lenders.
Their platform streamlines and centralizes all aspects of lenders' operations, ranging from loan origination and monitoring to servicing and investor reporting. By integrating API-based solutions, kennek enables lenders to take advantage of cutting-edge technologies such as open banking, open finance, payments, and credit scoring, without the usual complexities and costs associated with integration.
This funding round not only highlights the potential of kennek's operating system for lenders but also demonstrates the confidence that investors have in the company's vision and capabilities. With a strong foothold in the UK market, kennek is well-positioned to drive further innovation in the lending industry and revolutionize how lenders operate. As they expand their tech team and accelerate their product roadmap, kennek aims to solidify its position as a leading player in the fintech ecosystem.
They've invested in kennek
Get to know these Fintech investors
| # | Investor | Sector | Stage | Activity | Team | Connect |
|---|---|---|---|---|---|---|
1 |  HV Capital | 3 investment(s) investment(s) | 20 contacts contacts | |||
2 |  Dutch Founders Fund | 2 investment(s) investment(s) | 11 contacts contacts | |||
3 |  AlbionVC | 16 investment(s) investment(s) | more info | |||
4 |  FFVC | 1 investment(s) investment(s) | more info | |||
5 |  Plug & Play Ventures | 1 investment(s) investment(s) | more info |
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