European-Based Fintech Provider Lendsum Selects Porter Keadle Moore for SOC Reporting
ATLANTA–(BUSINESS WIRE)–Porter Keadle Moore (PKM) announced that end-to-end lending platform Lendsum has selected the firm to conduct its SOC 1 and SOC 2 reporting. PKM is an accounting and advisory firm that serves public and private financial institutions, insurers, technology companies and entrepreneurial small businesses.
As financial institutions continue to increase their scrutiny of third-party vendors, Lendsum recognized its need to provide up-front, independent reporting on its internal security procedures and controls. After evaluating several firms, Lendsum selected PKM to conduct its SOC 1 and SOC 2 reporting due to the firm’s extensive experience working with financial technology (fintech) companies, banks and credit unions. The provider also cited PKM’s willingness to provide superior feedback and support throughout the process as selection drivers.