# Contractors wait months to get paid: Prolo raises £4.2M to fix that with AI and credit

> Source: <https://techfundingnews.com/prolo-secures-4-2m-triple-point-ventures-construction-procurement/>
> Published: 2026-07-14 07:00:00+00:00

James Morris-Manuel initially aimed to improve procurement, not create a lending platform. However, Prolo introduced a key feature:…