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Sanjeev Jeyakumar and Nnaemeka Obodoekwe

Lenkie: ‘Grow Now, Pay Later’ funding for UK businesses

  • Founded 2020
  • £49m Series A
  • Over £100m lent

About

Sanjeev Jeyakumar (CEO) and Nnaemeka Obodoekwe founded Lenkie in 2020; Jeyakumar had previously been building a marketplace to help small businesses scale. Lenkie closes the cash-flow gap for UK businesses with a ‘Grow Now, Pay Later’ credit facility that pays suppliers’ invoices, repaid over up to 12 months.

Lenkie raised £49m in Series A funding from venture firms including Ground Up Ventures and has deployed more than £100m to UK firms, typically small and medium businesses with £1m–£50m in annual revenue. It aims to become the UK’s biggest non-bank lender.

Number 10 on the Startups 100 Index 2026.

Companies and services

Register details are live from Companies House; descriptions and services are each company’s own.

Lenkie

Lenkie Technologies Limited

Registered as LENKIE TECHNOLOGIES LIMITEDCompany 13043898Activesince 25 November 2020· London

Role: Founders

Lenkie closes the cash-flow gap for UK businesses with a ‘Grow Now, Pay Later’ credit facility that pays suppliers’ invoices.

Description from the company’s Startups 100 profile.