Kolleno
“Can an AI-native accounts receivable platform become the financial operations layer that replaces manual collections, reconciliation, and cash flow management for mid-market finance teams?”
Founded2020
HQLondon, England, UK
Total raised~$5.4M
Latest roundSeed, ~2021
IndustryVertical SaaS / Accounts Receivable
The story
Founded in 2020 as an accounts receivable automation platform targeting finance teams, Kolleno evolved from a basic dunning/collections workflow tool into an AI-powered order-to-cash platform. The company embedded multiple payment rails (Stripe, Adyen, GoCardless, Yapily, Fortis) to become a payment-agnostic AR hub. By 2025 it had pivoted toward AI agent-driven autonomous collections and reconciliation, positioning itself as the financial operations OS for credit controllers and CFOs at businesses with £1M–£100M+ in turnover.
Product timeline
2020
Kolleno Limited incorporated in London as an accounts receivable management software company.· pivot
2021
Raised £4M seed round to build AI-powered collections and cash flow automation platform.· banking
2022
Launched integrations with Xero, QuickBooks, and Stripe to embed AR automation into existing finance stacks.· banking
2023
Expanded payment integrations to include Adyen and GoCardless; achieved ISO 27001 certification and SOC 2 Type II.· banking
2024
Added Yapily open banking integration, achieving 20% reduction in payment delays for customers.· banking
2025
Partnered with Fortis for embedded B2B payment automation; launched AI Agents for autonomous collections and reconciliation.· banking
The stack
Payments / PSP
Open banking
Accounting
Accounting gap: none