PEPPER MONEY
low-code composition has transformed lender Pepper Money
“ We recognised early that our incumbent , off-the-shelf lending solutions needed a rethink . They were inflexible and they weren ' t responsive enough for a growing and diversifying lending business ”
STEVEN MEEK CHIEF INFORMATION OFFICER , PEPPER MONEY
Meek says . “ We recognised early that our incumbent , off-the-shelf lending solutions needed a rethink . Strategically reviewing our digital architecture and unpacking all our frontand back-office processes has been a major focus . As part of this , we made the decision in 2019 to shift towards composable , lowcode digital solutions to rapidly transform our origination channels and increase the level of innovation across the employee and customer experience .”
Among the new capabilities invested in , Pepper Money partnered with Appian , the US-based software company , to completely reimagine its digital architecture . The digital asset finance origination platform that it built , Solana , has led to a 70 % increase in business volumes and brings Pepper ’ s proprietary credit decisioning capabilities to the foreground , using AI-driven analytics to achieve automated approval .