TurnKey Lender, a Texas-based provider of AI-driven lending automation solutions, has announced a new growth investment from private equity firm Sundance Growth. While the specific size of the funding round was not disclosed, the company aims to utilize this investment to expand its innovative services within the banking and embedded lending sectors.
TurnKey Lender delivers a cloud-based SaaS platform designed to streamline every stage of the loan lifecycle. From origination and underwriting to compliance, servicing, and collections, the platform’s no-code and low-code capabilities help financial institutions, fintech companies, and enterprises optimize their lending workflows. By automating these processes, the company enables lenders to reduce operational inefficiencies and deliver an improved experience for borrowers.
Focus on advancing generative AI for lending
The fresh funding will support TurnKey Lender’s efforts in product development, expanding its sales and customer success teams, and accelerating its go-to-market strategy. A significant focus will be on enhancing generative AI capabilities to help financial institutions adapt to evolving demands in the lending space.
"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", said Christian Stewart, managing partner at Sundance Growth.
Preparing for a new era in lending
TurnKey Lender’s leadership emphasized the transformative potential of this investment. CEO and co-founder Dmytro Voronenko stated, "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."
Elena Ionenko, COO and co-founder of TurnKey Lender, highlighted the company’s commitment to making advanced lending technologies accessible to a broader range of organizations. She remarked, "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."
Positioned for growth
With this new investment, TurnKey Lender is poised to strengthen its position as a leader in the lending automation market. By focusing on generative AI and embedded finance, the company aims to support lenders in meeting the challenges of a rapidly changing financial landscape. As financial institutions continue to prioritize automation and intelligence, TurnKey Lender’s enhanced capabilities are set to play a pivotal role in the future of lending.
Last Updated on August 31, 2025 by Ian Naylor
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