Planky raises €6.9m for AI credit decisioning
The BKN301 subsidiary will develop underwriting and predictive risk products and expand its Middle East and international projects.
Planky announced €6.9 million in new funding on November 10. Innovation Global, advised by SM Capital, co-led the round alongside funds managed by Azimut Investments under its Venture Capital Digitech Europe strategy. Those vehicles are AZ RAIF II – Venture Capital Digitech Europe and AZIMUT ELTIF – Venture Capital Digitech Europe; FNDX provides strategic advisory support.
The London financial data business is moving from Open Banking analytics towards a real-time decisioning layer for banks and lenders. It plans to develop credit underwriting, spend intelligence and prediction products, including models that monitor borrowers for emerging financial stress.
The investment also supports Middle East projects and work with international clients. Planky has been part of BKN301 Group since its acquisition in November 2025.
Use of funds
Develop AI credit underwriting and predictive risk products
Expand Middle East and international client projects