Crediflow AI raises €1.8M to automate commercial lending workflows
The Manchester startup secured equity backing from NPIF II – PXN Equity Finance and Haatch to scale loan operations software.
Image: Crediflow AI
Crediflow AI, a Manchester-based software provider automating commercial loan underwriting workflows, raised €1.8 million (about $2.01 million) in an equity round announced on Nov. 4, 2026 [1].
The financing was led by NPIF II – PXN Equity Finance [1]. Venture firm Haatch and an undisclosed group of angel investors also joined the transaction [1]. The company was launched in 2024 by chief executive officer Drey Kenfack [1].
Crediflow AI builds an artificial intelligence platform designed for credit analysis teams [1]. The software handles financial data extraction and automates manual steps across the underwriting pipeline, enabling commercial lenders to evaluate borrower risk more efficiently [1]. Kenfack noted in the announcement that "growing a loan book takes more than finding borrowers and having capital available" [1].
Management plans to use the newly acquired capital to expand its engineering and product personnel, accelerate platform enhancements, and onboard additional banks alongside specialist lenders as it broadens automation across the lending lifecycle [1]. Joe Ball, senior investment associate at PXN Ventures, supported the financing transaction [1].
Questions and answers
What does Crediflow AI do?
The company provides an AI-driven platform that automates commercial lending workflows, data extraction, and financial evaluation for credit teams.
Who led the investment in Crediflow AI?
The equity round was led by NPIF II – PXN Equity Finance, alongside participation from Haatch and angel backers.
How will Crediflow AI deploy the funds?
Proceeds will support hiring across product and engineering departments, platform development, and integration work with banks and specialist lenders.
Companies & investors in this story
Sources
- 1.Manchester-based Crediflow AI secures €1.8 million to automate commercial loan processing — EU-Startups, Nov 4, 2026