London-based fintech firm kennek has appointed Centropy PR to handle its external communications following a competitive pitch process.

The news comes following kennek’s $4.5 million pre-seed funding round as the company announced its expansion plans. The funding round was led by Dutch Founders Fund, ffVC and Plug and Play Ventures.

Kennek has developed an end-to-end operating system designed to streamline the operations for lenders, credit investors, corporates, and servicers in the alternative credit sector. In its first year of trading, kennek has already hired 20 fulltime staff, and launched a plug-and-play operating system that caters for a broad variety of lenders and credit products. The company’s UK operation has already secured commercial wins with clients operating the areas of SME loans, R&D credit and Commercial Real Estate.

Centropy will support kennek with media relations and PR strategy as part of an integrated communications brief.

Xavier De Pauw, co-founder and CEO of kennek said:

“These are exciting times for our business and we needed an agency with a proactive approach to PR to take our brand to the next level. The Centropy team demonstrated a creative approach to the brief, with excellent media connections and a result-driven approach to external communications.”

Steven George-Hilley, founder, Centropy PR said:

“The kennek team have developed an incredible product and have a clear vision to transform the lending industry. It’s fantastic to be working with such a fast-growing fintech company with big ambitions for the future.”