Kennek
Founded 2021 · 20 employees on LinkedIn · 9 known investors
Kennek provides a loan management platform for lenders, automating loan origination, drawdowns, redemptions, interest and fee management, and investor reporting. It supports Bridge and Development lending products with AI-powered borrower and broker enquiries and real-time portfolio monitoring.
Also known as kennek · kennek.io
Investors · 9
Also in the syndicate · 3
Funding
SEC filings, press & company announcements- Undisclosed amountseed fundingOct 2023
HV Capital (lead), AlbionVC, Dutch Founders Fund, FFVC, Plug & Play Ventures, Syndicate One
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Company profile
researched Aug 2026kennek develops software-as-a-service for non-bank and specialist lenders, positioning itself as an operating system for lending. The platform covers the lending value chain end to end: enquiry handling, origination with automated document collection and integrated credit analysis, loan servicing, portfolio monitoring and investor reporting. It offers out-of-the-box support for bridge and development loan products, automating interest and fee management and handling extensions, facility increases, instant statements and real-time loan recalculations, along with automated drawdown processing with approval workflows and automatically calculated redemption figures.
The product is delivered pre-packaged with configurable settings and workflows so that lenders do not require internal engineering teams or coding knowledge, and uses API-based integrations to connect Open Banking, Open Finance, payments and credit-scoring services without separate integration cost. Real-time dashboards surface performance trends, risk indicators and covenant breaches, with automated borrower reminders and covenant calculations, and a fully auditable action log. Investor-facing functionality provides a single data source for institutional-grade reporting and eligibility-criteria checks on funding lines. At the time of its 2023 seed round the platform was described as supporting multiple B2B loan types, including bridge and development loans, SME term loans, and R&D and grant advances.
Founding story
Founded in 2021 by Xavier De Pauw, Thibault Lancksweert and Edmund Parsons, former operators in banking and credit who built the platform to address inefficiencies they had experienced as lenders [5][6][7].
Business model
Vertical SaaS sold to lending businesses, with a single plug-and-play platform replacing spreadsheets and disconnected point tools across underwriting, servicing, monitoring and investor reporting [4][5][6].
Software platform sold to lenders; the company positions its offering as reducing lenders' overall technology spend and middle- and back-office headcount needs [0][5].
Traction
The platform went live in February 2023 and had signed 12 lender clients by the October 2023 seed announcement, when the team numbered around 20 people in London. The website lists lender customers including TFG Capital, Hope Capital, Signature Property Finance, Offa, Black & White, Bluecroft Finance, Daizun Investments, Property Bridges, Angel Property Finance, Tower Grange Finance, Morpheus, EC Lending, Mocca Capital and Regents Asset Finance [0][5][7].
Latest developments
Following the 2023 seed round the company said funds would be used to deepen its UK position, expand its team, extend platform functionality and enter continental Europe. Its current product marketing centres on bridge and development lending, AI-powered borrower and broker enquiry handling, instant drawdowns and redemptions, and real-time portfolio monitoring [0][2][4][6].
▸Full profile — market position, technology, go-to-market, geography, history
Market position
Operates in the alternative/non-bank lending software segment, addressing what its funding announcements describe as a $2.3 trillion private debt market in which lenders have relied on Excel and unconnected tools. Its lead seed investor characterised the platform as potential foundational infrastructure for the alternative lending space [4][6].
Positions itself as built by former lenders for lenders, with purpose-built out-of-the-box support for bridge and development products, no requirement for in-house tech teams, and an entirely UK-based delivery team focused on long-term hands-on partnerships [0][3][5][6].
Technology
API-based architecture that creates a single point of truth for lenders, borrowers and investors, and lets lenders adopt Open Banking, Open Finance, payments and credit-scoring services without integration costs. The platform ships with configurable settings and workflows rather than requiring custom code, and includes AI-powered automated responses to borrower and broker loan enquiries, automated covenant calculations and real-time loan recalculations [2][4][6].
Go-to-market
Direct sales via booked demos and free-trial registration on its website, supported by customer testimonials from lender executives, industry awards and membership of the Bridging & Development Lenders Association [0][2][3].
Non-bank and specialist lenders in private credit, principally bridge and development finance providers, as well as lenders offering SME term loans and R&D and grant advances; investors and funding-line providers are served through the reporting layer [0][2][4][6].
Geography
Headquartered in London with an entirely UK-based team and a UK home market focus; the company signed its first continental European client around the time of its 2023 seed round and stated plans to expand into continental Europe [3][4][6][7].
History
Founded in 2021; the platform went live in February 2023 and the company announced a $12.5 million seed round in October 2023 led by HV Capital. It has since focused on bridge and development lending software for UK specialist lenders [4][5][7].
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Founder mafia
2 people who came through Kennek went on to found or lead other companies.
Timeline · 9
launches, deals, and filingskennek announced $12.5 million in equity seed funding from HV Capital, AlbionVC, Dutch Founders Fund, ff Venture Capital, Plug and Play and Syndicate One, to expand in its UK home market, grow its team and product, and extend into continental Europe.
$12.5M source ↗
kennek reported signing its first client in continental Europe and stated plans to extend its geographic reach into the region.
The company reported that its lending platform went live in February 2023.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
▸Research sources · 8
primary sources listed
- Kennekkennek.io · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Kennek do?
- kennek is a London-based provider of loan origination, servicing and investor-reporting software for non-bank lenders.
- Who are Kennek's investors?
- Kennek's investors include AlbionVC, Ff Venture Capital, Syndicate One, DFF Ventures, Founders Fund, HV Capital.