Technology firm kennek has joined the Bridging & Development Lenders Association (BDLA) as an associate member, backed by four existing lenders.
Kennek, the lending software provider, has become an associate member of the Bridging & Development Lenders Association, joining a growing roster of firms supporting the specialist finance sector.
The company, which supplies a cloud-based platform used by more than 30 bridging lenders, was sponsored by Bluecroft, Offa, Signature Property Finance and TFG Capital as part of its application.
The BDLA, the UK’s only trade body focused solely on bridging and development finance, now represents more than 40 associate members and over 50 lender members.
Collectively, those lenders hold loan books exceeding £13 billion. The association promotes best practice, works with regulators and seeks to encourage greater collaboration within the market.
Vic Jannels (pictured), chief executive of the BDLA, said: “We’re delighted to welcome kennek as an Associate Member of the BDLA. Collaboration between lenders and technology providers is becoming increasingly important as the sector continues to grow in scale and complexity.
“The right tech partnerships can help firms improve efficiency, strengthen compliance and deliver better customer outcomes.
“As our membership grows, our shared voice grows with it, as we continue to work towards creating continual sustainable growth and positive customer outcomes across our sector. We look forward to Kennek’s contribution and insight.”
Kennek’s platform covers origination, underwriting, servicing, monitoring and reporting within a single system. The company positions its technology as a way for lenders to manage growth more efficiently while improving operational oversight and regulatory preparedness.
Hervé Lagache, co-founder and chief growth officer at the firm, said: “Becoming part of the BDLA community strengthens our collaboration with the industry we serve.
“It’s an opportunity to engage with leading lenders, share insights from our annual white papers and market surveys, and continue helping lenders scale efficiently, improve compliance, and achieve operational excellence.
“We look forward to contributing to BDLA’s ecosystem, exchanging ideas on strategic topics, supporting innovation, and enabling the sector to thrive through smarter technology.”
