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<aside> 🪙 Bringing more funding to the real economy
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At kennek, we’re on a mission to modernise the $2 trillion private lending industry.
We’re determined to help lenders digitise their business and automate their operations with the lending toolkit of the future: a vertical SaaS for all types of lenders. By doing so, we revolutionise the sector at its core and we create efficiencies for lenders and also for borrowers, credit investors and ultimately for the entire eco-system.
We launched in the summer of 2021 and have since grown our team to over 25 kennekters, mostly in London. Our customer base is expanding rapidly & we’ve got some world-class venture capital investors backing us.
For the past decades, increasing regulatory pressures on banks have reduced their lending to the real economy, especially to small & medium sized enterprises (SMEs).
Many ‘non-bank lenders’ such as peer to peer platforms, specialist lending companies and credit funds have filled the void. However, most of these lenders operate in an old-fashioned way. Data is not connected or centralised. Workflows are manual and usually time-consuming, costly and prone to human error.
This is where kennek comes in.
We’ve created a vertically integrated SaaS that streamlines and automates operations of lenders, bringing together all the lending calculations, operations and workflows onto a single user-friendly platform.
The kennek systems captures all the data relating to the loans and borrowers and serves as single point of truth for the lenders and ultimately for the entire eco-system.