TurnKey Lender Among The Top Digital Lending Platforms

TurnKey Lender’s AI-powered software combined with the alternative scoring methodologies and proprietary algorithms have secured the company a place among the leading digital lending platforms on the market. RnR Market Research published an in-depth study of the digital lending platform market with a granular industry overview in different regions and segments. The report included analysis by solutions in loan origination, decision automation, portfolio management, risk & compliance management, loan management, and business process management.

RnR Market Research is a renowned company with a database of over 100,000 market reports from the world’s leading publishers. The Digital Lending Platform Market research includes fourteen chapters devoted to the industry as a whole, history of lending technology, analysis by solutions, specific services, verticals, and regions. The research also includes a global forecast for the lending platforms’ future up to 2023.

According to RnR, by 2023 the market is expected to reach $12.1 billion, compared to $5.1 billion in 2018. The Compound Annual Growth Rate (CAGR) during the period is forecast to equal 18.7%. The major factor contributing to the staggering market growth is the increased use of smartphones and mobile devices to which organizations react by continued focus on digitizing their financial services.

About TurnKey Lender

TurnKey Lender is a global ULM (Unified Lending Management) leader. The company designs and develops intelligent award-winning software products that automate the entire lending process. The solution's capabilities cover traditional and alternative lending, SME financing, grant management, money lending, leasing, trade finance, in-house financing, and more. As of 2019, TurnKey Lender serves customers in 50+ countries and the list keeps growing.

As a pioneer in AI software development, TurnKey Lender is gaining strong traction within regions like the United States, APAC, and EU. Company's solutions are already being used by all types of lenders from large/mid-size banks, digital lenders, and multi-finance companies to trade finance operations, traditional and non-traditional lenders and telecoms. Reach out and request a free personalized demo from the TurnKey Lender team.

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