Software Alternatives & Reviews

CompassWay VS Turnkey Lender

Compare CompassWay VS Turnkey Lender and see what are their differences

CompassWay logo CompassWay

Elevate the efficiency of your lending operations through CompassWay's cloud-based loan management software. With advanced automation technologies, streamline loan origination, credit decision-making, and loan servicing.

Turnkey Lender logo Turnkey Lender

Automate borrower evaluation, decision making and loan management.
  • CompassWay Products
    Products //
    2023-12-14

Refine the loan origination journey from start to finish with low-code automation, ensuring a seamless transition from application intake to fund disbursement. Automate workflows to drastically reduce manual interventions, cut down on errors and maintain a consistent flow throughout the process. Enhance efficiency through the platform's capacity for swift market response, adaptability with customizable decision-making rules, and scalability using custom components. Our innovative loan origination and servicing software caters to various financial products, including Personal Loans, Buy-Now-Pay-Later schemes, In-House Financing options, Merchant Cash Advances, and Business Loans.

  • Turnkey Lender Landing page
    Landing page //
    2021-09-12

CompassWay features and specs

  • Loan Origination Software : Yes
  • Credit Decision Software: Yes
  • Loan Servicing: Yes
  • Debt Collection: Yes
  • Reporting & Analysis: Yes
  • Document Management: Yes
  • Risk Management: Yes
  • Borrower Management : Yes
  • Role -Based Access: Yes
  • Video KYC : Yes

Turnkey Lender features and specs

No features have been listed yet.

CompassWay videos

Compassway

More videos:

Turnkey Lender videos

Turnkey Lender Enterprise platform overview

Category Popularity

0-100% (relative to CompassWay and Turnkey Lender)
Loan Management Software
100 100%
0% 0
Finance
0 0%
100% 100
Debt Collection
100 100%
0% 0
Loan Management
0 0%
100% 100

Questions and Answers

As answered by people managing CompassWay and Turnkey Lender.

How would you describe your primary audience?

CompassWay's answer

Small traditional banks that go digital, credit unions, finance companies, e-commerce, manufacturers, healthcare in Central Europe and North Africa

Why should a person choose your product over its competitors?

CompassWay's answer

We provide one-stop, quick rollout, zero-code platform that allows our clients to start offering or increase the efficiency of existing financial solutions to their customers.

What makes your product unique?

CompassWay's answer

Financial institutions leveraging our platform can expedite customer acquisition and assessment, refine back-office operations, and slash operational costs. It's engineered to comprehensively manage each customer's lending journey—beginning with the application, through underwriting, to disbursement, and finally, collection—streamlining workflows and boosting efficiency across the board.

What's the story behind your product?

CompassWay's answer

Our expertise lies in our clear definition of what we are good at. Our team consists of professional experts in financial services, software engineering, and data science who have over 20 years of experience in the financial sector, serving large organizations and regulatory bodies. We possess extensive knowledge of day-to-day financial transactions, risk management, loan servicing, and lending businesses. Our focus is on complex long-term web and mobile projects, in which we take full responsibility for the technical part, from planning a roadmap to deploying and maintaining applications.

Which are the primary technologies used for building your product?

CompassWay's answer

REACT, NODE.JS, GRAPHQL, TYPESCRIPT, DJANGO, FASTAPI, PYTHON, ELASTICSEARCH, AWS, KUBERNETES, POSTGRESQL, MONGODB, CYPRESS

Who are some of the biggest customers of your product?

CompassWay's answer

Optima Leasing EKO Market Bayadera Group

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare CompassWay and Turnkey Lender

CompassWay Reviews

  1. As a BNPL provider, we tapped into the burgeoning realm of SMEs on social media platforms like Instagram and Facebook, aiming to bolster their sales through a seamless, integrated shopping and payment experience. Recognizing the critical pain point of limited payment options contributing to high cart abandonment rates, we collaborated with CompassWay to devise a user-friendly BNPL solution tailored to our clientele. This initiative enabled merchants to effortlessly present flexible payment choices at checkout, empowering customers to purchase immediately and defer payments. Working with CompassWay was a remarkably smooth process. The customizable nature of their solution allowed for rapid deployment, operational in mere weeks, greatly exceeding our efficiency expectations.

Turnkey Lender Reviews

We have no reviews of Turnkey Lender yet.
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What are some alternatives?

When comparing CompassWay and Turnkey Lender, you can also consider the following products

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Calyx Point - Calyx Point, Point-PointCentral and WebCaster provide mortgage origination, automation solutions for mortgage businesses. Read more about Calyx Point.

Bootstrap - Simple and flexible HTML, CSS, and JS for popular UI components and interactions

Finacle - Finacle is one of the most trending banking software which consists of various exciting feature and offers a separate module for every department in the banking system.