Software for lending partnerships
Knight FinTech connects banks, non-bank lenders and fintech platforms so they can operate credit products together. Its software manages lending workflows and the data used for risk decisions, alongside treasury operations.
Expanding the credit stack
The announced roadmap includes automated underwriting, early-warning systems and portfolio monitoring. The $23.6 million is the completed multi-tranche Series A total, rather than an additional amount on top of its earlier closes.
Where the funding goes
- Develop risk intelligence, fraud detection, underwriting, monitoring and recovery tools.
- Expand into the Middle East and Asia-Pacific.