Maven originally invested in Kani last year to further develop its platform, grow the team and support customer expansion
Kani Payments has received further funding from Maven Capital Partners.(Image: Maven Capital Partners)
Fintech firm Kani Payments is set to accelerate overseas expansion after securing investment. The Newcastle-based payments processing business has received the undisclosed amount in a funding round led by private equity firm Maven Capital Partners – the second round the fintech firm has sealed with the organisation.
The company was founded eight years ago to overcome the complex challenges of payment reconciliation and reporting required by banks, payment companies and other fintechs. Kani’s software as a service (SaaS) platform is in demand thanks to digitisation in the financial services sector. Its platform automates and streamlines workflows, helping clients save time and reduce costs while maintaining full compliance with industry and regulatory standards.
Maven originally invested a multmillion-pound sum in Kani in early 2025 to further develop its highly scalable platform, grow the team and support customer expansion. Since then, Kani has seen impressive growth, made a number of key senior hires and secured several significant contracts.
The fresh 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 said the new funding will allow it 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 new customer partnerships and accelerate global market expansion.
The business operates across five continents and its platform is currently used by many leading financial services companies such as Cardaq, IDT, Pluxee and TransactPay .
Aaron Holmes, CEO at Kani Payments, said: “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.”
Rebecca Minchella, investment manager at Maven Capital Partners, said: “Kani has achieved impressive 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.”
Sarah Newbould, senior investment manager, at the British Business Bank, said: “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.”
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