For years, underwriting small business loans has been a slow, costly process — often hurting the very entrepreneurs who need capital the most. Kaaj, a young AI-fintech startup, is stepping in to rewrite that story.
The company has just raised $3.8 million in seed funding, led by Kindred Ventures with participation from Better Tomorrow Ventures and other backers. For founder-led lending teams and brokers working with small and medium-sized businesses, Kaaj promises something long overdue: speed, accuracy, and underwriting that doesn’t drain time or margins.
Kaaj’s platform automates the most painful parts of the workflow. Instead of spending days chasing and reviewing documents, lenders can now extract, verify, and organise financials in minutes. The startup says it has already processed over $5 billion worth of loan applications, integrating seamlessly with existing loan origination systems and CRM tools.
For lenders, this changes the economics entirely. Underwriting small-ticket loans has historically been too expensive to be profitable — a challenge that often led to longer wait times or outright rejections for smaller borrowers. Kaaj wants to flip that script by making small loans not just viable, but efficient and scalable.
With the new funding, the company plans to double down on product development, expand its suite of modules, and grow its network of lenders and brokers supporting small and medium businesses.
In a sector where every hour saved and every document automated translates into a real opportunity for borrowers, Kaaj’s timing couldn’t be better.
-By Muskan Dengra
