Crediflow AI raises £1.5M to automate commercial loan processing

Manchester-based Crediflow AI has raised £1.5M (€1.8M). NPIF II – PXN Equity Finance, managed by PXN Ventures as part of the Northern Powerhouse Investment Fund II, led the round. Haatch and angel investors also participated.

Drey Kenfack founded the company in 2024. He spent more than a decade in commercial lending and private credit, with senior credit roles at Ford Credit Bank, DF Capital Bank and Advance Global Capital.

Its main product, FlowSpread, pulls financial data from PDFs, tax returns and bank statements and structures it for credit teams. A second tool categorises transactions across accounts and flags risks such as cash flow volatility. Crediflow says preparation that used to take several days now takes 10 to 30 minutes. It does not make lending decisions.

The money goes to the platform, the engineering and product team, onboarding more banks and specialist lenders, and automation from origination to monitoring.