GroverPay Selects Turnkey Lenders to Support SME Lending in Singapore

SINGAPORE–(BUSINESS WIRE) –Turnkey Lender, an award-winning provider of loan decision, loan automation and risk management software, is starting the work with. known GroverPay. The Singaporean company will leverage TurnKey Lender’s technology to help small and medium-sized businesses start, grow and expand their business.

GroverPay is supported by KFC Ventures, the corporate venture arm of the Nityo Group, which invests in early and growth phase B2B start-ups worldwide according to the Karma Free Capital principle. The investment is in both cash and resources and services to fuel GroverPay’s global business growth. This investment drives GroverPay’s scaling efforts thanks to the global reach of the Nityo Group.

Powered by TurnKey Lenders AI-based technology, GroverPay will enable SMEs in Singapore to get the loans they need as quickly as possible with an easy-to-use automated lending platform. All new SMB applicants need to do to get started with the GroverPay loan application process is to register with an email ID and mobile number. The new SMB lender can then use TurnKey Lender’s loan automation platform to offer document review and an onboarding process to approve applicants in less than 24 hours.

“It is a great pleasure and honor for GroverPay to work with TurnKey Lender, one of the world’s leading lending platforms, to provide loans to SMEs quickly, reliably, easily and at low interest rates. We look forward to working with TurnKey to help SMBs grow their businesses, support job creation in Singapore and drive the overall growth of the economy, ”said Krishan Grover, Founder and CEO of Grover Pay.

“GroverPay’s mission to keep Singapore SMBs doing business is not only admirable, but it is also in line with our values ​​at TurnKey Lender. We are excited to welcome GroverPay to the TurnKey Lender community and ensure an unmatched level of decision-making accuracy and automation expertise for the company and the borrowers it will serve, “said Dmitry Voronenko, Co-Founder and CEO of TurnKey Lender.

About TurnKey Lenders:

Turnkey Lender is a global B2B SaaS company that provides AI-powered solutions and services for loan automation and decision management in over 50 countries. From lending to underwriting to maintenance, collections and reporting, the TurnKey Lender software can automate the entire lending process as well as its specific parts. Developed using the latest design best practices, TurnKey Lender exceeds legal data security requirements and exceeds industry standards with SOC 1 and SOC 2 Type II compliance reports, globally recognized PCI DSS and ISO 27001 certifications, and more . To learn more visit:

About GroverPay:

GroverPay is an alternative lending platform that supports small and medium-sized businesses (SMBs) by providing fast, accessible and hassle-free loans. The company is focused on delivering the best credit solutions to help businesses grow and transform. Thanks to cutting edge technology, GroverPay makes lending for SMBs in Singapore much easier and faster.

About KFC Ventures and Nityo Infotech:

KFC Ventures is of the Nityo group Venture Financing Arm. Nityo Infotech is a US-based APAC focused digital solutions and IT services company. Nityo is present in 37 countries and is operated by more than 17,500 employees. Over 3000 global companies trust Nityo to implement various digital transformation projects.

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