Press Release

TurnKey Lender is pleased to welcome Globe Telecom as a new addition to its rapidly expanding client family. Globe Telecom, one of leading mobile telecommunication companies in the Philippines, joins more than 170 lenders worldwide that rely on TurnKey Lender’s software platform for best-of-breed digital lending services, from origination and underwriting to repayment and reporting.

"Globe, a world-class telecom, was looking for a loan processing platform that could easily keep up with its extremely high transaction volumes," said Elena Ionenko, TurnKey Lender’s Chief Business Development Officer. "Of course, that’s right in our wheelhouse. I feel confident that this project will have a major impact both on Globe’s bottom line and the telecom industry in the Philippines in general."

Globe has been driven by a strong culture of innovation and TurnKey Lender’s expertise in Fintech supported by its out-of-the-box lending solutions is a good fit for the company to expand its mobile airtime loans business. TurnKey Lender has the capability to service high transaction volume per second and near real time availment and collection experience.

"Globe is committed to caring and supporting its customers, especially through this time of crisis. Our investment in technology, as with the partnership with TurnKey Lender, is testament to our convictions around serving the needs of the Filipino consumer. We’ve had good experience in this business because Globe has been doing airtime lending since 2012. We know the relevance of this service to our customers, that’s why we are ready to expand using more innovative solutions that will further respond to our customers’ needs," said Armelie Go, Head of Globe Loans.

In the solution, TurnKey Lender provided an integrated software service that not only supports core functionalities (availment and collection) but also reporting platforms and webtools that provides ease in tracking and customer service handling.

"We were ready to tackle the unique challenges presented by Globe thanks to the incredible job our technical, risk, analytical, and managerial staff has been doing since the foundation of the company," added Ionenko.