TurnKey Lender, a provider of AI-powered, cloud-based lending automation solutions headquartered in Austin, Texas, has secured growth investment from private equity firm Sundance Growth.
The size of the funding round was not disclosed.
The investment will accelerate TurnKey Lender’s plans to scale and strengthen its capabilities across the banking and embedded lending sectors.
TurnKey Lender offers a unified, no-code/low-code SaaS platform that digitises the entire loan lifecycle, covering origination, underwriting, compliance, servicing, and collections. By automating these processes, the platform helps financial institutions, fintechs, and enterprise brands streamline lending workflows, reduce operational complexity, and deliver improved digital experiences for borrowers.
The fresh funding will be used to drive product development, grow sales and customer success teams, and accelerate the firm’s go-to-market strategy. A particular focus will be on advancing generative AI capabilities to support financial institutions adapting to fast-changing lending demands.
Sundance Growth managing partner Christian Stewart said, “TurnKey Lender has built an enterprise-grade product with the flexibility and speed modern lenders need. We believe they are in a strong position to lead the next wave of innovation in lending as financial institutions demand more automation and intelligence.”
TurnKey Lender CEO and co-founder Dmytro Voronenko commented, “Lending is entering a new era – powered by GenAI, fueled by embedded finance, and inspired by uncompromising customer expectations. With this investment, we’re not just scaling and strengthening our market footprint. We’re accelerating our innovation flywheel so that every lender – from regional brands starting their own embedded lending programs to large banks – can deliver credit with unprecedented speed, intelligence, and personalization. The future of lending belongs to those who move first.”
COO and co-founder Elena Ionenko added, “Partnering with Sundance Growth, we are expanding our ability to serve the full spectrum of financial institutions and enterprise brands embracing embedded lending. Our goal is to make smart lending technology accessible and scalable for every organization ready to modernize.”
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