Maven strengthens support for Kani with new funding to drive scale

Maven has led a further funding round into Newcastle based fintech specialist, Kani Payments. The transaction includes follow-on investment from NPIF II - Maven Equity Finance, which is managed by Maven as part of the Northern Powerhouse Investment Fund II (NPIF II), alongside the Maven VCTs.

Kani was created to address the complex challenges of payment reconciliation and reporting faced by banks, payment companies and other fintechs. Its award‑winning SaaS platform automates and streamlines workflows, helping clients save time and reduce costs while maintaining full compliance with industry and regulatory standards.

Maven originally invested in Kani in early 2025 to further develop its highly scalable platform, grow the team and support customer expansion. Since then, Kani has achieved impressive growth, made a number of key senior hires and secured several new notable client wins.

Today’s transaction will enable Kani to invest in new product development to prepare for upcoming regulations requiring firms to provide audit-ready reconciliation of client funds across the UK and global payments markets. The investment will also support a number of exciting new customer partnerships and accelerate global market expansion.

Kani's innovative platform operates across five continents and is currently used and trusted by many leading financial services companies such as Cardaq, IDT, Pluxee and TransactPay.

"Kani has achieved significant growth since our initial investment, and we have been really impressed by the expertise and conviction of the team to address the challenges facing fintechs in a fast, evolving payments industry. With the increasing complexity of payment reconciliation and regulatory compliance, demand for Kani’s solution is set continue, in a ever more regulated environment. Following a number of significant customer wins, we are delighted to support the team as they scale and accelerate their international expansion."

Rebecca Minchella, Investment Manager at Maven

“Maven has been a hugely supportive partner since their initial investment, and we’re pleased to have their continued backing as we enter the next phase of Kani’s growth. This investment will allow us to keep investing in our platform and supporting payment companies facing growing reconciliation and regulatory complexity.”

Aaron Holmes, CEO at Kani Payments

“Kani Payments is tackling a critical challenge for financial services firms as payment ecosystems become more complex. Through NPIF II we are committed to backing ambitious technology businesses that are building solutions with global relevance, while continuing to grow from the North East. It’s these businesses that are helping to drive forward the government’s Industrial Strategy, boosting UK economic growth while creating new jobs and opportunities for people across the North.”

Sarah Newbould, Senior Investment Manager, at the British Business Bank