kennek provides purpose-built loan management software specifically for bridge and development lenders. The platform enables lenders to originate, manage, and service loans while monitoring funding lines through a single system. This solution automates manual tasks, provides real-time portfolio risk visibility, and streamlines investor reporting to support scalable growth.
Funding
$17.5M raised to dateRaised 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.
DVPAFounders
Product
Problem
Many lenders rely on manual processes and disparate systems to manage the loan lifecycle, leading to inefficiencies, errors, and increased operational costs. This complexity hinders scalability and makes it difficult to proactively manage risk and maintain investor satisfaction.
Solution
Kennek provides a SaaS platform designed to streamline the entire lending process, from origination to maturity. The platform integrates real-time financial data and automated risk management tools, enabling lenders to operate more efficiently and effectively. By automating manual tasks and providing a centralized system, Kennek reduces the need for extensive tech expertise and allows lenders to scale their operations without proportionally increasing headcount. The platform also facilitates seamless connectivity between lenders, borrowers, and investors, fostering stronger relationships and improving overall transparency.
Target Audience
Kennek primarily serves bridge lenders, development lenders, SME lenders, revenue-based lenders, leasing lenders, R&D credit providers, and unregulated lenders.
Features
- End-to-end loan lifecycle management, covering origination, underwriting, servicing, and collections
- Automated investor reporting with real-time performance data and customizable reporting packs
- Integration with Codat for access to live financial data and borrower health monitoring
- Integration with Wiserfunding API for advanced credit scoring
- Secure API-first architecture for seamless integration with existing payment and accounting systems
- Configurable settings and workflows to tailor the platform to specific lending operations
- Investor portal for sharing real-time updates and building trusted relationships