TurnKey Lender and Alkami Announce Partnership to Provide Banks and Credit Unions with Cloud-Based Digital Banking and an Integrated Unified Lending Management Solution

TurnKey Lender, a provider of unified lending management software for evaluating loan applicants, supporting decision-making, and implementing digital-lending process automation, will partner with leading digital banking solutions provider Alkami to deliver a digitally transformative solution for banks' and credit unions' lending operations.

"We are looking forward to partnering with Alkami to bring the power of our lending platform to the banking landscape through Alkami's more than 10 million users to significantly move forward the intelligent automation of the lending industry," said Elena Ionenko, TurnKey Lender Co-Founder & Chief Operating Officer. TurnKey Lender's Unified Lending Platform is an intelligent lending management system that automates the entire loan life cycle. This digital platform includes application processing, risk assessment, decisioning, loan origination, underwriting, servicing, collection, reporting, archiving, compliance, and more. It also helps instantly pre-qualify applicants using an AI-driven credit decisioning engine. This in turn allows for a better experience for both the borrower and lender at a time when a seamless lending process is crucial.

Alkami's Founder and Chief Strategy & Sales Officer Stephen Bohanon said, "We're excited to offer the TurnKey Lender Unified Lending Solution to our remarkable banking and credit union clients. TurnKey Lender's award-winning AI-based loan origination and management software is the perfect complement to the Alkami Platform in facilitating retail and business user onboarding, engagement, and account servicing. With TurnKey Lender, we continue to provide the right technology and architecture for digital success."

About TurnKey Lender

TurnKey Lender is a provider of award-winning AI-based loan origination and management software that is changing how businesses everywhere succeed. The company puts lending software in the hands of businesses of all sizes, using proprietary technology that securely digitizes every step of credit management and the loan lifecycle. Lenders who use TurnKey Lender speed up loan decisioning, get system decisions in under 30 seconds, and grow portfolio profitability by means of AI-powered scoring models and business rules that increase portfolio profitability by 49%, increase operational efficiency, customer satisfaction, and client lifetime value. Frost & Sullivan awarded TurnKey Lender with the New Product Innovation Award and G2 Crowd awarded TurnKey Lender as the Loan Origination Leader.

To learn more about TurnKey Lender or to request a demo visit turnkey-lender.com.

About Alkami

Alkami Technology, Inc. is a leading cloud-based digital banking solutions provider for financial institutions in the U.S. that enables clients to grow confidently, adapt quickly and build thriving digital communities poised for growth. Alkami is the digital banking platform of choice for over 160 financial institutions, representing nearly 10 million consumers and businesses. Alkami's bold investments in people and technology has resulted in an award-winning culture and a remarkable client community. Alkami was recognized in 2018 and 2019 as a Deloitte Technology Fast 500 company in North America.

To learn more about Alkami or to request a demo visit alkami.com.