BanKa combines Finance, AI and lifestyle to empower Gen Z and Millennials to make smarter spending decisions, build credit, and avoid unhealthy debt.
Traditional BNPL is broken for young consumers
46% of BNPL users miss payments, leading to fees and debt accumulation with no credit benefit.
Young consumers are exposed to financial misinformation online and have no trusted source for spending help, leaving them to figure it out alone.
Traditional BNPL doesn't report to credit bureaus, missing the opportunity to build credit history.
Financial institutions don't explain what constitutes "good financial behavior" or how decisions on credit worthiness, interest rates, and limits are made - leaving young people confused and locked out.
BNPL with an AI spending assistant that prevents debt, builds credit, and teaches financial skills
Every user gets a personal spending assistant that answers questions, tracks spending, provides real-time financial guidance, and helps prevent debt before it happens.
See your Experian credit score in real-time and understand exactly what financial institutions look for. BanKa demystifies credit by showing how your score affects your Credit Tier, what actions improve it, and transparent tier progression showing exactly what's needed to level up.
Reward good behavior with increased Purchase Power. Pay on time, level up, unlock more spending.
Interactive modules that teach money management. Earn rewards for learning and building better habits.
Choose your initial payment - minimum, suggested, or maximum - based on your credit tier and what you can afford. Total control over your payment plan.
Purchase Power Limit
BanKa Debt
£92.50
Other BNPL
£79.99
Total Debt
£172.49
Your bank shows £280/month on dining. Use BanKa to earn 140+ points monthly.
Credit Score
Credit Usage
Get started in 3 simple steps
Shop anywhere and split your purchase into 4 easy, interest-free installments.
Manage all your payments in one place and get real-time advice from your AI assistant.
Build your credit score and earn points for every on-time payment you make.
BanKa is not just another BNPL provider. We're an intelligent spending assistant that combines flexible payments with a powerful AI engine.
Our AI securely analyzes your spending patterns and financial health to calculate your dynamic BanKa Credit Tier.
Provides real-time, personalized suggestions and answers your financial questions 24/7.
Helps you make smarter decisions, avoid debt, and build stronger credit. Your tier unlocks more Purchase Power and better rewards for a stronger financial future.
A massive, growing market with strong fundamentals
UK BNPL Market (2024)
Projected by 2029
UK Adults Use BNPL
of Millennials use BNPL
of Gen Z use BNPL
FCA regulation bringing legitimacy and consumer trust to BNPL industry
Gen Z demands mobile-first, transparent financial tools over traditional credit cards
5+ million UK adults have thin credit files and are locked out of traditional credit - BanKa offers a way to build credit through everyday spending
Millions locked out because financial institutions don't explain what constitutes "good financial behavior" or how they determine credit worthiness, interest rates, and limits - BanKa demystifies the rules of the game
Built for Gen Z & Millennials who want control
Chat with your personal AI assistant 24/7 for spending advice, payment help, and financial questions - like having a personal BanKa in your pocket
Choose your initial payment amount - minimum, suggested, or maximum - based on your BanKa Credit Tier and financial situation
See your Experian credit score in real-time and demystify credit decisions. BanKa shows exactly what financial institutions look for - how your score affects your tier, what actions improve it, and transparent progression showing what's needed to level up
Your spending limit adjusts based on payment history and credit tier - pay on time, unlock more purchasing power
Pause payments once per quarter or use micro-deferrals to shift 25-50% of a payment - life happens, we get it
Every on-time payment builds your credit score and BanKa Credit Tier - transparent tier progression shows exactly what's needed to level up
Connect your bank accounts to automatically track all BNPL purchases in one place - even from other providers like Klarna
Earn points for on-time payments and financial education - redeem to pay down debt, get purchase discounts, or grab gift cards
AI-powered payment reminders, overspending alerts, and personalized tips delivered at the right time
How BanKa stands out from the competition
| Feature |
BanKa
Our Platform
|
Klarna | Clearpay | Zilch |
|---|---|---|---|---|
| AI Spending Assistant | ||||
| Smart Initial Payment Choice | ||||
| Credit Score Visibility | ||||
| Credit Building | ||||
| Financial Education | ||||
| Dynamic Credit Tiers | ||||
| Rewards Program | ||||
| Payment Flexibility |
Multiple revenue streams for sustainable growth
2-6% commission on transactions from retail partners
Regulated fees for missed payments (capped and transparent)
Advanced analytics, higher limits, priority support
Industry missed payment rate: Up to 43% | BanKa target: <15%
UK BNPL default rate is ~2%, but the real problem is missed payments - costing users in fees and businesses in collections
The Result: By reducing missed payments from 43% (industry average) to under 15%, BanKa delivers better outcomes for users AND superior unit economics through lower collection costs, higher retention, and increased lifetime value.
Our path to market leadership
Working prototype with core BNPL features, AI assistant, and credit tier system
Secure pre-seed round to fuel growth, expand team, and accelerate product development
Launch with pilot merchants and 1,000 beta users. Validate product-market fit and gather feedback
Full Open Banking integration, credit score visibility, and expand to 10,000 users
Advanced AI personalization, premium features launch, scale to 50,000+ users
Building the future of BNPL
Founder & CEO
10+ years in banking, including 2 years as a personal banker in retail banking - gaining a Professional Bankers certification. Proven track record of success across various finance roles - Daniel is currently working within a fintech as Senior SWIFT Engineer. Daniel gained a passion for empowering Gen Z and Millennials with financial literacy and through first-hand experience, saw the damage that a lack of financial literacy, understanding and misinformation can do to lives - Daniel sought to bring transparency to an otherwise opaque industry.
Daniel saw a problem he was passionate about solving: as traditional retail banking moves digital (branch closures, reduced in-person advice), there's a growing gap between personal bankers and the new generation of finance customers. Meanwhile, the fast-credit trend has made credit consumption unhealthy, with major BNPL platforms failing to provide tools to prevent bad financial habits - there's so many apps and tools for saving, buying stocks and shares, funds, etc but where is the tool to provide spending assistance, information on the best way to use financial tools and understand their impacts?
Using his creative mindset and deep finance expertise, Daniel created BanKa - a platform that gives customers what they need (financial guidance and transparency) using the tool they want (BNPL). By combining credit building, AI-powered assistance, and rewards for good financial behaviour, BanKa promotes a sustainable financial lifestyle.
Mantra: "Creativity is intelligence having fun" - Einstein. Let's have some fun.
Join us in building the intelligent BNPL platform that helps millions of young consumers build better financial futures