Kennek, a London fintech startup that helps digitize private credit providers, has raised $12.5 million.
Founded in 2021, the company offers a SaaS platform to the non-bank lending space.
Kennek, a London-based fintech startup that helps private credit businesses digitize their offerings, has raised $12.5 million in seed funding, the company said Tuesday.
Founded in 2021, Kennek was founded by a team of former operators in the banking and credit spaces to provide better digital tooling to the non-bank lending industry.
Banks lend less than they used to, which has led to many smaller, alternative credit providers springing up to provide alternatives.
Persons:
Kennek, Banks, Xavier De Pauw
Locations:
London