CARS24 Achieves Full Digital Loan Servicing with Pennant Technologies' Cloud-Native Lending Platform
Dec 17, 2025
Hyderabad (Telangana) [India], December 17: Pennant Technologies, an agile and innovative financial technology company, today announced that its client -- CARS24, a leading digital automotive marketplace -- has successfully transformed its lending operations by implementing pennApps Lending Factory (PLF), a cloud-native, digital-first loan servicing platform. This large-scale transformation marks a significant milestone in CARS24's digital journey, enabling 100% digital loan servicing, enhanced operational agility, and seamless customer experiences.