
India · Information technology & services startup
Pennant Technologies Private Limited is a financial technology company based in Hyderabad, India.
Funding reportedLast round: Corporate round
Pennant Technologies Private Limited is a financial technology company based in Hyderabad, India.
Founded in 2005, it specializes in transforming lending operations for banks and financial institutions through innovative, AI-driven platforms. The company offers a comprehensive suite of solutions, including its flagship product, pennApps Lending Factory, which supports the entire lending lifecycle from origination to collections. With a strong presence in Asia and the Middle East, Pennant serves a diverse clientele, including global banks and leading Non-Banking Financial Companies (NBFCs). The company has achieved significant growth, managing over $90 billion in assets and facilitating 100 million loan transactions annually. Recognized for its contributions to fintech, Pennant has been featured in multiple Gartner reports and was named the fastest-growing technology company in the Deloitte Technology Fast 50 India 2024.
Funding, as reported
From Pennant Technologies Private Limited's own website: 2 founders, 5 on the team.
What they build
Known for
interest calculationscalable fintechlending market placemortgage and nonmortgage loan brokersfinancial institutionsreal-time dataloan management softwareregulatory reporting toolsnbfc core lending suiteenterprisesmulti-region complianceasset financeasset-backed lendinginformation technology & servicesregulatory reportingfinancial services
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