Kanmon
Kanmon provides a platform that enables professional services and industry-specific software to offer embedded lending products, including term loans and invoice financing, directly to their business customers. This integration allows businesses to access funding between $10,000 and $250,000 without leaving their existing platforms, while Kanmon manages all regulatory compliance and credit risk.
- Enterprise Software
- Financial Technology
- Software Only
Funding
Raised to date
$13MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many businesses, particularly those served by professional services and industry-specific software platforms, face challenges in accessing timely working capital to manage expenses and invest in growth. Traditional lending processes can be cumbersome, requiring businesses to navigate away from their core operational platforms and endure lengthy application processes. This creates friction and delays access to necessary funds.
Solution
Kanmon provides an embedded lending platform that allows professional services and software platforms to offer financing options, such as term loans, lines of credit, invoice financing, and accounts payable financing, directly to their business customers. By integrating Kanmon's API, these platforms can provide access to capital ranging from $10,000 to $250,000 without requiring customers to leave their familiar software environment. Kanmon handles the complexities of regulatory compliance, underwriting, and risk management, enabling platforms to offer financial products without assuming the associated risks. This allows businesses to obtain funding quickly and efficiently, improving cash flow and enabling growth opportunities.
Target Audience
Kanmon's primary customers are professional services and industry-specific software platforms (e.g. practice management, supply chain, business management) seeking to enhance their value proposition by offering embedded financial solutions to their business users.
Features
- API integration for seamless embedding of lending products into existing software platforms
- White-labeled financing options, including term loans, lines of credit, invoice financing, and accounts payable financing
- Customizable financing options ranging from $10,000 to $250,000
- Fully-managed KYC, KYB, AML, and regulatory compliance
- Automated underwriting process for fast credit decisions
- Loans funded in as little as 24 hours
- Hands-free servicing and collections
- Data-driven insights to target active customers and identify upsell opportunities