Planky raises €6.9M to turn open banking data into real-time AI credit decisions
What's the deal? London-based financial data platform Planky has raised €6.9 million in an early-stage round co-led by Innovation Global and AzimutDealroom has a profile for this one. Try Dealroom →. The funding backs a shift from open banking analytics toward a real-time AI layer for credit decisioning.
Why now? The raise follows Planky's acquisition by banking-technology group BKN301 in November 2025. The capital accelerates a product roadmap built around predictive risk models and international expansion.
What's the endgame? Planky wants to move beyond basic open banking analytics to become core infrastructure for digital banks, lenders, and embedded finance platforms. Its predictive models monitor borrower behaviour in real time, flagging early signs of financial stress so lenders can intervene before defaults.
The money is earmarked for AI-driven products spanning credit underwriting, spend intelligence, and prediction. Geographically, it supports projects in the Middle East and deeper integration into BKN301's broader AI strategy.
By the numbers: The round lands in the 91st percentile for early-stage VC rounds raised by mobile apps in the UK over the trailing 48 months, based on a sample of 101 deals.
Azimut's portion comes via its Venture Capital Digitech Europe strategy, managed by Azimut Investments S.A.Dealroom has a profile for this one. Try Dealroom → The investment drew strategic support from FNDX, which advises funds on technology-driven deals, while co-lead Innovation Global focuses on infrastructure-level technology.
"AI is redefining what finance can be," said Stiven Muccioli, chief executive officer and founder of BKN301 Group. "The next era will be shaped not by who holds the most data, but by who understands it best."
What could go wrong? AI that assesses individuals' creditworthiness is treated as high-risk under the EU AI Act. Explainability, oversight, and compliance will matter as much as speed and prediction.
The signal: The deal reflects a broader fintech push to embed AI and data directly into lending infrastructure. For a recently acquired business, the next test is customer adoption and demonstrable lending outcomes.
Read more: ffnews.com
Image credit: Generated with Gemini
