Seed · Fintech · Birmingham, United Kingdom · Founded 2018 · 3–8 employees
Kanda provides financing solutions for UK tradespeople and contractors, allowing them to offer payment plans to customers for home improvement projects. The startup was founded by electrical contractor Richard Fleeman who faced the challenge of competing against larger companies that could offer credit facilities. Kanda participated in Y Combinator's Winter 2021 batch and raised $125K in seed funding from Y Combinator and FJ Labs. The platform enables tradespeople to offer 0% APR payment plans over 10-36 months and 12.9% APR plans over 2-10 years while ensuring contractors get paid in full within 72 hours.
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