TurnKey Lender Opens a New Office in Kuala Lumpur

TurnKey Lender, a provider of intelligent lending automation, decision management, and risk mitigation solutions, announces the opening of a new office in the capital of Malaysia, Kuala Lumpur. Its main goal will be to physically represent TurnKey Lender and support the company’s operations in Asia.

The company plans to involve local professionals to provide technical support to the clients, streamline local and global business development, and fuel its R&D efforts. The decision to launch a physical office in Malaysia was especially timely since one of the investors who took part in the most recent funding round of TurnKey Lender is a prominent Malaysian investor, OSK Ventures. Not to mention, Malaysia is considered to be one of the hottest FinTech destinations in the current technological environment.

Ever since the establishment of FinTech regulatory sandbox in 2016, financial technology is gaining more traction in Malaysia by day. With internet penetration at 85.7% in 2018, the country is perfectly positioned for the rapid growth of alternative lending initiatives in areas like peer-to-peer lending and in-house financing.

Another key goal of the Kuala Lumpur office will be to reach the best IT, sales, and marketing talent in Asia to support TurnKey Lender in achieving its most ambitious goals. After securing the new funding round, the company is looking to actively expand and hire new technical, business development, and marketing staff globally. TurnKey Lender’s team is what let it become the technological leader in the world of lending automation and now this team is looking for new members to make it even stronger. Feel free to check the open vacancies and apply here.

Elena Ionenko, co-founder and Head of Business Development at TurnKey Lender on the opening of the new Malaysian office:

“It’s a great time to become a part of the striving Malaysian FinTech community and we’re looking forward to using this opportunity to further develop our reach in Asia and increase our share on the lending automation market here. We’re going to use Malaysian technological and business development talent to move our company and the whole FinTech industry forward.”

About TurnKey Lender

Turnkey Lender is a global leader in credit scoring, decision automation, and loan management. Turnkey Lender’s multiple award-winning SaaS platform is an intelligent end-to-end solution for complete automation of lending operations conducted by both non-bank lenders and banks. The solution supports all stages of a loan life cycle – from application processing and automated decision making to collections and reporting. The system can be easily integrated with any internal and external data sources and services for automatic data retrieval and processing. Turnkey Lender minimizes credit risks through advanced scoring/screening of applicants utilizing a comprehensive set of reports thereby dramatically reducing the cost of lending for lenders and borrowers. Turnkey Lender software is widely accepted as a benchmark solution for consumer lending, microfinance, payday loans, auto loans, mortgages, SME loans, factoring, P2P and other diverse types of lending operations.