Planky raises £5.8m led by Innovation Global with Azimut Venture Capital
This article covers Planky, a fintech startup, which has raised £5.8m in a growth funding round to shift from Open Banking analytics to a real-time AI-driven decisioning layer for banks, lenders and embedded finance platforms. The development aims to help banks, digital lenders and embedded finance platforms turn transaction and alternative data into continuous credit reads and real-time risk monitoring across Europe and the Middle East.
Planky has raised £5.8m (€6.9m) in a growth funding round to accelerate a shift from Open Banking analytics to a real-time, AI-driven decisioning layer for banks, lenders and embedded finance platforms — a move that could change how lenders underwrite and monitor risk in real time across Europe and the Middle East.
Why it matters
The raise signals growing appetite for infrastructure that turns transaction and alternative data into continuous credit reads rather than one-off scores. Planky’s pitch — using AI to make previously “non-scorable” applicants visible and to spot early signs of borrower stress — addresses a long-standing gap for digital lenders and embedded finance products that need faster, more granular risk signals. Industry research cited by the company suggests combining alternative data with advanced analytics can evaluate over 50% of applicants once considered non-scorable (World Bank), a capability that could expand credit access while changing lenders’ risk operations.
Inside the product
Planky is an account information service provider and credit reference agency that aggregates bank accounts, statements, payment service provider data and spreadsheets, and enriches them with AI categorisation, income estimation, risk scoring and insights. It currently delivers automated decisions to approve, refer, reject, pay or report, and is developing products aimed at credit underwriting, continuous financial decisioning, spend intelligence and predictive risk models that monitor borrower behaviour in real time.
The company frames this as a move from transactional Open Banking analytics to a core decisioning layer embedded in lender workflows — effectively plumbing that can integrate with digital banks, lenders and embedded finance platforms to replace manual checks and fragmented processes with automated, data-driven outcomes.
Who are the investors?
The €6.9m round was co-led by Innovation Global (advised by SM Capital) alongside funds from the Azimut Venture Capital Digitech Europe strategy, managed by Azimut Investments S.A., with strategic support from FNDX. Planky is also part of BKN301 Group after an acquisition in November 2025, and the group’s regulated footprint across Europe, the Middle East and Africa is cited as a commercial enabler for international expansion.
FNDX is acting as a strategic adviser to the Azimut funds; SM Capital is named as advisor to Innovation Global. The investor line-up combines venture and fund managers with advisory firms that specialise in M&A and private markets, suggesting the round is intended to fund product development and to accelerate go-to-market in regulated markets across EMEA.
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Founder perspective
In the announcement, Stiven Muccioli, CEO and Founder of BKN301 Group, said:
AI is redefining what finance can be. The next era will be shaped not by who holds the most data, but by who understands it best, and we are building the intelligence that makes that possible. This investment brings that vision into sharper focus and accelerates our path to a future where AI helps every financial institution see clearly, act instantly and grow with confidence.
The bigger picture
Planky’s raise and its integration with BKN301 come as traditional lenders and fintechs increasingly seek real-time, governed data layers to support AI-native operations. For UK and European fintechs, the deal underlines two trends: consolidation of regulated data infrastructure under vendor platforms, and investor interest in products that enable continuous risk monitoring rather than periodic scoring. The financing also highlights how European funds and advisors are partnering to push solutions into the Middle East and Africa, markets where regulated footprints and local partnerships can be decisive.
As banks and embedded finance providers migrate toward AI-driven decisioning, players that can fuse compliance-ready data plumbing with real-time models will be in demand — and Planky’s funding positions it to compete in that evolving space.
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