British fintech kennek raises €11.8 million to capitalize on the expanding trend of alternative lending

kennek helps lenders operate efficiently and scale easily, providing the best-in-class technology to manage everything from Loan Origination, to Servicing & Monitoring, as well as Portfolio management and Investor Reporting. All without the need to develop anything in-house so lenders can simply focus on their origination channels. Here are details of kennek’s latest funding round :

🚀 Launch

2021

🏭 Industry

Financial services

🧠Management

Thibault Lancksweert (Founder & Co-CEO), Xavier De Pauw (Founder & Co-CEO), Edmund Parsons (Founder & CPO), Crispin Proctor (CTO), Herve Lagache (Chief of Growth), Daniel Jones (Chief of Staff)

💸 Funding & Investors

INVESTMENT (October 2023)€11.8 million (Seed)
INVESTORS (October 2023)led by HV Capital and supported by Dutch Founders Fund, AlbionVC, FFVC, Plug & Play Ventures and Syndicate One.
PREVIOUS FUNDING (Seed)€4.1 million (February 2023)

🎯 Funding purpose

Growth; Product development; Europe expansion

🌐 Country HQ

UK (London)

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