TurnKey Lender enters Malaysia with office in Kuala Lumpur
By Digital News Asia March 20, 2019
- Malaysia’s OSK Ventures had led a Series A1 round of funding for TurnKey
- Will use new office to reach and hire the best IT, sales, and marketing talent in Asia
TURNKEY Lender, a provider of intelligent lending automation, decision management, and risk mitigation solutions, announced the opening of a new office in the capital of Malaysia, Kuala Lumpur. Its main goal will be to physically represent TurnKey Lender and support the company’s operations in Asia.
The company plans to involve local professionals to provide technical support to the clients, streamline local and global business development, and fuel its R&D efforts.
The decision to launch a physical office in Malaysia was especially timely since one of the investors who took part in the most recent funding round of TurnKey Lender is a Malaysian investor, OSK Ventures.
OSK Ventures International Bhd had led a Series A1 round of funding for TurnKey Lender Pte Ltd, together with other venture partners such as Vertex Ventures SEA & India and Western NIS Enterprise Fund.
Another key goal of the Kuala Lumpur office will be to reach the best IT, sales, and marketing talent in Asia to support TurnKey Lender in achieving its most ambitious goals.
After securing the new funding round, the company is looking to actively expand and hire new technical, business development, and marketing staff globally.
Elena Ionenko, co-founder and head of Business Development at TurnKey Lender on the opening of the new Malaysian office: “It’s a great time to become a part of the striving Malaysian fintech community and we’re looking forward to using this opportunity to further develop our reach in Asia and increase our share on the lending automation market here. We’re going to use Malaysian technological and business development talent to move our company and the whole fintech industry forward.”