Kaaj, an emerging AI-fintech startup specialising in credit intelligence for small and medium-sized borrowers, has secured $3.8 million in a seed funding round led by Kindred Ventures, with participation from Better Tomorrow Ventures and other prominent investors. The fresh capital will support Kaaj’s plans to accelerate product development, enhance its suite of underwriting modules, and expand its growing customer network of lenders and brokers serving the SME financing ecosystem.

Kaaj enters the market with a robust AI-driven platform designed to automate underwriting workflows for small business loans, traditionally a time-consuming and cost-intensive process for lenders. Its technology enables lenders to extract, verify, and organise borrower documents and financial data within minutes, significantly reducing manual effort and operational delays.

The company highlights that its platform has already processed over $5 billion in loan applications, showcasing strong early adoption. It also integrates seamlessly with existing loan origination systems and CRM tools, making it easier for lenders to plug in without disrupting existing infrastructure.

By reducing underwriting costs—often a barrier to profitability in small-ticket lending—Kaaj aims to empower financial institutions to scale SME credit delivery efficiently and sustainably.