TurnKey Lender is happy to announce Granted – the company’s new project aimed at serving the financially underserved audiences in the developing markets.
Granted is a cloud-based SaaS platform that allows starting a digital lending business in emerging markets for free. It’s a one-stop lending automation platform that relies on the highest technology standards and is made available to anyone willing to start offering credit.
Granted automates loan origination, underwriting, servicing and payments, collection, reporting, and customer relations, and a lot more as a lightweight version of the renowned industry-leader platform – TurnKey Lender Standard.
The goal of Granted is to serve the lending automation needs of hundreds of millions of borrowers and creditors in Africa with plans to expand into South East Asia. The populations there are tech-savvy but often cost-sensitive in terms of the lending automation they can afford. Granted’s free version is called to power fair credit products for thousands of lending businesses looking for a modern lending platform to automate processes and lower credit risks.
Granted is a ready-to-use software platform positioned as the best possible way of digitizing lending in emerging markets. While offering a free start, it will provide a superior lending platform to those businesses who are struggling with manual processes and lower budgets.
“As an ethical company led by humanitarian considerations as well as market needs, we’ve decided it was time to give back. Technology like ours is in high demand around the globe but not everyone can afford it. But to stimulate economic development of the regions and serve the underbanked, we’re launching Granted and making it available in developing markets most in need.“ – comments Dmytro Voronenko, CEO and co-founder of TurnKey Lender.
Granted will be free to use (or $150 per month for the PRO edition) and will offer functionality far superior to any of the local competitor products. This will allow small businesses to start lending quickly, reduce their risk and human error easier and with no financial risk.
Granted aims facilitate banking-the-unbanked to ensure consumers are treated fairly and with more transparency and security whilst maintaining a lower and risk cost for the creditor.
Granted is in its final stages of development ant its Beta launches in September 2022. Visit the Granted website and signup for the beta to be among the first users to take it for a spin.