What is TurnKey Lender?
TurnKey Lender operates as a comprehensive Software-as-a-Service provider, delivering end-to-end lending automation solutions tailored for banks, fintech firms, and alternative lenders. Its no-code platform is designed to optimize the entire loan lifecycle, from origination and underwriting to servicing and collections. By leveraging artificial intelligence, TurnKey Lender empowers financial institutions to make faster, more informed credit decisions across a diverse range of lending verticals, enhancing operational efficiency and risk management.
How much funding has TurnKey Lender raised?
TurnKey Lender has raised a total of $2M across 2 funding rounds:
Other Financing Round
$22K
Series A
$2M
Other Financing Round (2016): $22K with participation from The FinLab
Series A (2017): $2M led by OSK Ventures, Western NIS, Vertex Ventures, and Majuven
Key Investors in TurnKey Lender
Vertex Ventures
Vertex Ventures US is an early-stage venture capital firm that supports founders creating a smarter digital economy through B2B software. They focus on partnering with and investing in early-stage infrastructure and SaaS companies, leveraging their experience as former founders and operators.
Majuven
Majuven is an early and growth stage venture capital firm based in Singapore, focusing on disruptive trends in high tech sectors such as healthcare, financial services, and digital consumerism. The firm typically invests in companies at the Seed stage up to Series B rounds, providing essential network access to support their regionalization plans.
The FinLab
UOB FinLab is dedicated to fostering strategic connections among ecosystem partners to drive business success through a variety of proprietary tools, webinars, and events. They offer a range of programmes focused on digital transformation and sustainability, including the AI Ready Programme, Women in Business Programme, and the GreenTech Accelerator.
What's next for TurnKey Lender?
With a significant enterprise-level funding context and recent undisclosed financing, TurnKey Lender is strategically positioned for accelerated growth. The company is likely to focus on expanding its market reach, enhancing its AI capabilities, and further developing its no-code platform to cater to an evolving financial services industry. This investment will support its mission to provide scalable and efficient lending solutions globally, reinforcing its role as a key player in the digital transformation of credit.
See full TurnKey Lender company page
