pennApps Lending Factory

Pennant Technologies is a digital lending software company with its registered and corporate office in Hyderabad, India, and offices in Visakhapatnam, London, Sydney and Dubai. It serves 60+ banks and financial institutions that want to modernise origination, servicing and collections across retail, MSME and corporate credit.

pennApps Lending Factory is a composable, API-driven platform covering loan origination, loan management and debt collections, with a BPMN 2.0 workflow engine, configurable products and an accounting engine. pennApps Studio adds low-code, no-code and pro-code tools, and the Agentic AI Studio lets lenders build AI agents aligned to credit policy. Further modules handle supply chain finance, credit lines, co-lending and asset finance. Clients include Bajaj Finance, Credit Saison India, HDFC, Kotak, Emirates NBD, QNB and UNO Digital Bank.

• Loan origination: Digital onboarding, underwriting workflows and configurable credit products.
• Loan management: Servicing, accounting and restructuring for retail and business loans.
• Debt collections: Delinquency management and recovery workflows.
• Supply chain finance: Manages dealer and vendor credit programs and limits.
• pennApps Studio: Low-code, no-code and pro-code tools to design lending journeys.
• Agentic AI Studio: Builds AI agents aligned to lender policy across the customer lifecycle.

A Vietnamese bank can replace its legacy loan origination with configurable MSME and retail lending journeys. A consumer finance company can manage servicing and collections for motorbike and consumer durable loans on one platform. A bank can run dealer financing programs for a manufacturer's distribution network.

Lenders run origination, servicing and collections for many loan types on one configurable system, reducing reliance on multiple vendors. The platform processes 135 million+ loan transactions a year, and Bajaj Finance moved its core lending system covering 50 million+ loans to it in 2025. Low-code tools let product teams launch or change lending products without long development cycles.

Banks and finance companies are replacing monolithic loan systems with composable, cloud-ready platforms and adding AI agents to underwriting and servicing. In Southeast Asia, growth of MSME lending, dealer finance and digital banks is raising demand for configurable origination and supply chain finance capabilities.

Founding directors Pradeep Varma and Rama Krishna Raju; registered office in Hyderabad (CIN U68200TG2005PTC048119). 700+ employees. Achieved ISO 27001 in 2025 and SOC 2 Type 2 in 2026. Named in the 2025 Gartner Market Guide for Commercial Loan Origination, recognised by Chartis and in Deloitte Technology Fast 50 India 2024. Partnerships with Fusion and DigiZoo for Australia and New Zealand.