TurnKey Lender 2018: Year in Review

2018 was a defining year for TurnKey Lender. It included product releases, industry awards, market research recognition, conference appearances, and new partnerships. Here is an overview of what the year produced.

Awards & Recognition

2018 brought an unprecedented level of formal industry recognition in multiple markets and award bodies.

• Winner – Lending Awards 2018, “Best Technological Partner – International”

The UK’s only awards program comprehensively covering alternative lending, commercial finance, and mortgage industry recognized TurnKey Lender for its technical assistance to corporate, commercial, and consumer lenders. The gala ceremony took place November 8 at Hilton London Bankside, organized by Credit Strategy.

• Winner – Credit Excellence Awards 2018, “Newcomer to the Industry”

Awarded at the largest gathering of credit industry representatives in London on October 11, the CEA recognized TurnKey Lender’s lending automation and credit scoring solution for small and medium lenders. The 10-category awards are hosted by GTS Media, publishers of Credit Collections & Risk.

• Winner – International Asset Finance Network Awards 2018, “New Entrant”

Awarded at the IAFN gala dinner on September 13 at Park Plaza London Riverbank, this recognition specifically cited TurnKey Lender’s work in automating credit scoring and risk assessment for the automotive lending industry.

• Winner – US Business News Technology Elite Awards 2018, “Best Automated Lending Solution”

US Business News named TurnKey Lender the best automated lending solution of 2018 in its annual Technology Elite Awards.

• Winner – CorporateLiveWire Technology Awards 2018, “Excellence in Lending Software Services”

Recognized for achievements in automated software solutions for small and medium lenders, with the award celebrating consistent positive performance and service quality in fintech.

• Finalist – Computing Technology Product Awards 2018, “Best Software-as-a-Service Provider”

Selected as a finalist, recognizing TurnKey Lender’s contribution to the SaaS category within cloud solutions and business software.

• Finalist – CEE Capital Markets & FinTech Awards 2018, “Best Lending Software”

Selected as a finalist at the ceremony in Warsaw, recognizing TurnKey Lender’s contribution to global financial inclusion and its AI-driven SaaS platform for small and medium lenders.

• Finalist – BankNews Innovative Solutions Awards 2018, “P2P Lending Software”

Recognized for the launch of TurnKey Lender’s Peer-to-Peer automated market solution, described by the team as a comprehensive workstation for the full range of P2P lending scenarios.

• Nominee – Benzinga Global FinTech Awards 2018

TurnKey Lender was among 150 companies and executives nominated across 10 fintech categories at the fifth annual Benzinga Global FinTech Awards.

• Nominee – Biz 417 Excellence in Technology Award 2018, “Enterprise Technology”

Nominated for this annual award recognizing innovative technology companies and their impact on the industry and IT community.

Market Research & Analyst Recognition

Beyond awards, in 2018 TurnKey Lender was named in multiple independent market research reports. This served as a signal of market presence separate from customer reviews or award committees.

• RnR Market Research – Digital Lending Platform Market Report

TurnKey Lender was listed among the leading digital lending platforms globally, with the report covering loan origination, decision automation, portfolio management, risk and compliance management, loan management, and business process management across regions and segments.

• Garner Insights – Loan Origination Market Report

TurnKey Lender’s loan origination software was listed among the top players in the market in a report covering cloud vs. on-premise solutions, market segmentation by product type and region, and a forecast to 2023.

• Energias Market Research – Global Lending Software Market Report (October 2018)

TurnKey Lender was profiled as one of the key players in the global lending software market. The report projected the global lending software market to reach $5.58 million by 2024 from $2.61 million in 2017, with loan origination software holding the largest share throughout the forecast period.

• IDC / Worldwide Banking Software Market Report 2018

TurnKey Lender was listed among key players in fintech in the annual worldwide banking software market report, which covers market share, banking software applications, revenues, and forecasts across global financial market segments.

• Singapore Business Review – Hottest Startups of 2018

TurnKey Lender was ranked number six among Singapore’s fintech power players of 2018 by the Singapore Business Review, one of the most respected business publications in the country.

Events & Conferences

2018 marked a significant expansion of TurnKey Lender’s physical presence at industry events across Asia and Europe.

• LendIt Fintech China 2018 – Shanghai

TurnKey Lender’s Anastasia Pona represented the company at one of the largest fintech expos in Asia, sharing lending industry insights and showcasing the platform to 2,500 fintech, banking, and investment executives from over 30 countries.

• Singapore FinTech Festival 2018 – Singapore

TurnKey Lender exhibited jointly with Hewlett Packard Enterprise at the Singapore FinTech Festival (November 12-16), one of the world’s largest fintech gatherings with 45,000 participants from 130 countries. The companies shared booth 3G29. Co-founder Elena Ionenko led the TurnKey Lender delegation.

• CNBC FinTech Brainstorming Session

CEO Dmitry Voronenko was among 50 industry influencers invited to CNBC’s annual fintech brainstorm organized in conjunction with the 2018 FinTech Festival. Voronenko’s team won the audience vote for Best Pitch with a prediction that by 2028 currencies worldwide would be fully unified and digitized.

• Innovfest Unbound 2018 – Singapore

CEO Dmitry Voronenko participated in a founder panel discussion at Innovfest Unbound 2018, sharing details of his entrepreneurial journey and TurnKey Lender’s development alongside other industry leaders.

Partnerships

• Hewlett Packard Enterprise – TurnKey Lender announced a partnership with HPE to deliver its lending software on HPE ProLiant for Microsoft Azure Stack. The partnership was benchmarked at HPE’s Customer Technology Centre in Singapore and publicly presented at the Singapore FinTech Festival.
• Thomson Reuters – TurnKey Lender signed a partnership agreement with Thomson Reuters to integrate the World-Check Risk Intelligence solution into its platform, giving lenders direct access to country-specific and global data sources for AML and KYC screening.

Product Releases

• P2P Marketplace Lending System – the flagship release of 2018 was TurnKey Lender’s comprehensive Peer-to-Peer Marketplace Lending System. It’s a full-stack solution covering every step of peer-to-peer lending from loan origination through collections and reporting. The platform delivered full automation, AI-powered risk assessment, rapid loan approvals, borrower/investor matching, and investor funds management with automated payment share calculations.
• Consumer/Retail Lending Solution v6.3 – The v6.3 update delivered GDPR compliance, Facebook and Google authentication, holiday-sliding repayment calendar settings, back-office investment management, batch import of repayments via XLS/CSV, regional settings, and reorganized system navigation.

Final thoughts

2018 solidified TurnKey Lender’s international credibility across three dimensions simultaneously:

• product quality recognized by independent bodies across Asia, US, and Europe
• market presence confirmed by inclusion in multiple analyst reports
• physical presence at the industry’s most significant global events.

The foundation built in 2018 set the trajectory for the accelerated growth and product expansion that followed in subsequent years.