UK fintech startup kennek raises US$12.5m seed round

UK fintech startup kennek have announced that they have raised US$12.5 million (£10.15 million) in equity funding from HV Capital, AlbionVC, DFF (Dutch Founders Fund), ff Venture Capital, Plug and Play Tech Center, Syndicate One to continue to revolutionise the alternative lending space by building the tools they wished they had when they were lenders.

This raise allows kennek to continue to expand its powerful offering for lenders, allowing them to grow their business, by removing manual tasks, all through a single plug & play platform.
kennek will double-down on its UK home market, expand the team to serve their clients better and expand the services that they provide to them.