About Kennek
Kennek is a Financial Services company based in London (United Kingdom) founded in 2021 by Thibault Lancksweert, Edmund Parsons, and Xavier De Pauw. Lending management software is provided for financial institutions. Kennek has raised $18.32 million across 3 funding rounds from investors including Plug and Play Tech Center, HV Capital and Dutch Founders Fund. The company has 2 employees. Kennek was last valued at $8.17 million in December 2021. Its chief executive, as recorded, is Thibault Lancksweert. Kennek offers products and services including Kennek Platform, Origination and Underwriting Tool, and Servicing and Monitoring Service. Its focus areas include FinTech, Banking Tech, Loan Life Cycle Management and Suite. Its legal entity is KENNEK SOLUTIONS LTD. Its competitors include Finastra, ezbob and Oakbrook; 2 of its 3 listed competitors have raised funding.
Company details
Kennek was founded in 2021 and is based in London, United Kingdom. Software solutions for lending management are developed within the fintech sector. Loan origination, disbursement, credit memos, and scheduling are supported, along with analytics, workflow management, and API integrations. Operations focus on financial institutions seeking streamlined lending processes.
- Headquarters London, United Kingdom
- Employees 2
- Founders Thibault Lancksweert, Edmund Parsons, Xavier De Pauw
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Website kennek.io
- Social LinkedIn
- Legal Name Kennek Solutions Ltd
- Date of Incorporation 14 Jun, 2021
- Jurisdiction LONDON, ENGLAND
- Total Equity Funding$18.32M (USD)
in 3 rounds
- Latest Funding Round$12.5M (USD), Seed
Oct 2023
- InvestorsPlug and Play Tech Center
& 5 more
- Employee Count2
Products & Services of Kennek
Kennek offers a comprehensive portfolio of products and services, including Kennek Platform, Origination and Underwriting Tool, and Servicing and Monitoring Service.
Platform for automating loan origination and servicing processes
Software for efficient loan application and risk assessment
System to track and manage loan portfolios in real-time
Funding Insights of Kennek
Kennek has successfully raised a total of $18.32M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $12.5 million completed in October 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $18.32M
- Total Rounds 3
- Last Round Seed — $12.5M
- First Round $1.32M
(Dec 2021)
- Investors Count 6
All 3 funding rounds of Kennek with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2023 | $12.5M | Seed | – | HV Capital | |
| Feb 2023 | $4.5M | Seed | – | Dutch Founders Fund, Plug and Play Tech Center | – |
| Dec 2021 | $1.32M | Seed | $8.17M | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2021 | $8.17M | •••••••• |
Last known valuation $8.17M (Dec 2021). 6 investors in total: 6 institutional.
Investors in Kennek
Kennek has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Plug and Play Tech Center, HV Capital and Dutch Founders Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital funding is provided to digital company founders. | hvcapital.com | Munich, Germany | ||
Venture capital firm focused on investing in tech startups | albion.vc | London, United Kingdom | ||
Early-stage technology-enabled companies are invested in by ff Venture Capital. | ffvc.com | New York, United States | ||
Startups are accelerated and invested in across multiple tech sectors. | 2006 | plugandplaytechcenter.com | Sunnyvale, United States | |
Early-stage capital investments are made in Belgian tech startups. | syndicate.one | Belgium | ||
Early-stage venture capital is provided for digital solutions in non-digital industries. | 2018 | dutchfoundersfund.com | Amsterdam, Netherlands |
Investor details for Kennek
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Kennek
5 people are tracked at Kennek (4 in leadership, 1 in team); the tracked headcount is 2.
| Name | Role | Group |
|---|---|---|
Thibault Lancksweert | Co-Founder & Co-CEO | Leadership |
Edmund Parsons | Founder | Leadership |
Xavier De Pauw | Co-Founder & Co-CEO | Leadership |
Hervé Lagache | Chief Growth Officer | Leadership |
Luke Elliott | SVP Of Engineering | Team |
Complete people profiles for Kennek
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Kennek
4 dated milestones of Kennek across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Kennek is founded.
- Funding First funding round of $1.3M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $12.5M.
Competitors of Kennek
Kennek has 3 listed competitors in our database, 2 of them funded. They include Finastra, ezbob and Oakbrook.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| finastra.com | 2017 | London, United Kingdom | 1,890 | Financial software solutions for lending, payments, and banking are provided. | ||
| ezbob.com | 2011 | London, United Kingdom | $56.43M | 79 | Lending-as-a-service platforms are offered by ezbob for financial institutions. | |
| oakbrook.com | 2011 | Nottingham, United Kingdom | $185.78M | 114 | Consumers are connected with lenders for personal loans online. |
Detailed competitors of Kennek
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Web traffic of Kennek
Websites that share an audience with Kennek (kennek.io).
Websites whose visitors overlap most with Kennek. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| caprelease.com | 100% | 6.3K | #1,908,503 | View details |
Top companies in Banking & FinTech Platforms
3 companies that operate in the same segment as Kennek (Banking & FinTech Platforms) in United Kingdom, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 180.56 M | 3,462 | ||
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.73 B | USD 5.95 B | 20,299 | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 2.37 B | USD 2.31 M | 3,786 |
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Related news about Kennek
Complete news archive for Kennek
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Frequently Asked Questions about Kennek
Kennek was founded in 2021.
Kennek is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Thibault Lancksweert is the CEO of Kennek, as recorded in our data. They have also founded this company.
Kennek is a funded company, having raised a total of $18.32M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.32M, raised on Dec 2021.
Kennek has 2 employees.
Kennek was founded in 2021 and is based in London, United Kingdom. Software solutions for lending management are developed within the fintech sector. Loan origination, disbursement, credit memos, and scheduling are supported, along with analytics, workflow management, and API integrations. Operations focus on financial institutions seeking streamlined lending processes.
Kennek offers Kennek Platform, Origination and Underwriting Tool, and Servicing and Monitoring Service.
Kennek has 6 investors. Key investors include Plug and Play Tech Center, HV Capital, Dutch Founders Fund, AlbionVC, and ff Venture Capital.
The valuation of Kennek is $8.17M as of Dec 2021.
Kennek operates through Kennek Solutions Ltd.