Lenkie, a London, UK-based provider of a cashflow management platform, raised ‘49M in Series A funding.
The round, which included £4M in equity and a £45M debt facility, was led by a US private credit fund focussed on supporting lenders internationally.
The company intends to use the funds to enhance its data-driven underwriting models, expand partnerships with leading platforms, and explore new markets.
Founded in 2021 by Sanjeev Jeyakumar and Nnaemeka Obodoekwe, Lenkie is a fintech providing fast, flexible, and transaction-based financing solutions for SMEs. By leveraging real-time data and payments technology, it ensures businesses can access capital precisely when they need it.
The platform has already funded over £70M to underserved SMEs financing bills to over 2,000 suppliers across 40 countries.
FinSMEs
04/03/2025