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Pllenty Partners with Inovatec to Offer Payment Capabilities to Lenders

Integrated features enable lenders to improve cash flow and heighten customer experience

BURNABY, BC, October 27, 2023– Inovatec Systems, a major provider of industry-leading cloud-based software solutions for lenders, today announced it has partnered with Pllenty, a PCI-compliant provider of embedded payments and workflow solutions. Through this relationship, Inovatec will offer its clients seamless access to Pllenty’s robust embedded payments capabilities that improve cash flow, increase efficiency, and enhance consumer satisfaction.

Headquartered in Toronto, Pllenty has earned an outstanding reputation serving lenders in Canada and the United States. Pllenty enhances the payment experience by providing a platform that allows lenders to access comprehensive payment acceptance functionalities through APIs. The platform supports multiple payment acceptance services, including traditional and digital mediums. It also provides robust reporting features, and adheres to PCI requirements.

“We have worked alongside Pllenty for several years, and have come to know them as an innovative company that is completely focused on delivering outstanding outcomes to its clients,” said Sam Heath, Inovatec’s chief revenue officer. “We are delighted to expand our relationship and provide our clients access to efficient and automated payment acceptance capabilities that are completely aligned with lender and consumer expectations.”

Inovatec’s LOS, LMS, and direct portal solutions enable lenders to streamline loan processing, decisioning, and management functions through intelligent automation that can be configured to meet lender needs. The company’s offerings allow lenders to access a range of innovative services through open APIs, empowering them to configure and automate workflows and add advanced features through top-tier partners to make more accurate decisions, grow their portfolios, and build market share. The partnership with Pllenty illustrates Inovatec’s approach to integrate highly effective third-party services into its Inovatec LOS platform.

“Much like Inovatec, we are a company with our roots in Canada, and are quickly expanding into the United States to satisfy lender requirements in that market,” said Richard Kopman, chief executive officer of Pllenty. “We recognize the impact of seamless payment integration in digital lending environments, and its direct correlation to customer experience and revenue. Through this partnership, we expect that Inovatec’s clients can leverage the ease and efficiency of embedded payment acceptance capabilities within the LOS platform.”

For information on Inovatec’s integrated loan origination system, loan management system, and customer portal solution, visit www.inovatec.com.

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