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Offering a 'lender-in-a box'

United Kingdom

Kennek, a connected and scalable lending infrastructure, launched its innovative ‘lender-in-a-box’ offering on Mambu.

Customer base

Launched in 2022

Segment

Lending

Mambu's role

Cloud banking platform

Founded in 2021, Kennek’s vertical SaaS platform bundles together the best-in-class vendors in credit scoring, open banking, data extraction - and more - into one user-friendly integrated system. By building on Mambu’s composable cloud platform, Kennek can offer a highly flexible product to customers, allowing them to easily configure and add different types of loans and credit as required.

Interview with Crispin Proctor, CTO at Kennek.

The new offering is a ‘plug & play’ credit infrastructure for alternative lenders and credit investors, designed to help them launch and run their businesses efficiently. The platform also enables customers to streamline all of their middle-office and back-office functions as well as provide structure and access to risk management tools.

By democratising access to an innovative bank-grade system, our partnership with Mambu has created a game-changing solution for the modern lending industry.
Xavier De Pauw
Founder and co-CEO, Kennek

Thibault Lancksweert, founder and co-CEO at Kennek, said: “The financial market offers plenty of niche tech and data solutions for financial institutions and lenders. But selecting and integrating them requires both a holistic vision and a strong engineering team - which is costly and time consuming.”

Xavier De Pauw, founder and co-CEO at Kennek added: “We offer a unique one-stop solution that gives any lender or credit investor, irrespective of their size, access to a professional, reliable and scalable system at an affordable price. By democratising access to an innovative bank-grade system, our partnership with Mambu has created a game-changing solution for the modern lending industry.”

With growing demand for SaaS platforms for lenders and credit investors, UK-based Kennek, plans to expand into continental Europe, a €6 billion market which is doubling each year. Kennek also sees opportunities in North and South America, as interest grows in these markets. Mambu's highly flexible cloud platform will help support their global ambitions.

In this one-on-one conversation we’ll hear from Xavier De Pauw, Founder and Co-CEO of Kennek, a connected and scalable lending infrastructure - which just launched a new plug and play lending offering. What is the seed that planted the idea for the company? And what sparked its rapid growth since 2021? Listen to find out.

xavier kennek