The lender, founded by industry heavyweight Stephen Knight, has signed contracts with DPR, Getronics and Experian.
DPR is charged with developing Checkmate’s point-of-sale offer system, Getronics will offer IT support services, while Experian will supply a range of fraud detection tools.
Barry Searle, managing director of operations at Checkmate, says: “We have worked closely with KPMG IT Consulting to select like-minded companies to provide technology and work is now underway to deliver a system to coincide with our launch in 2009.”
Checkmate has also signed a lease on new premises in Farnborough, Hampshire. This will act as the lender’s operations centre and existing staff have been based there from Monday.
The lender will maintain its central London office.
Searle adds: “We are now in a position to be up and running with a full operations centre as soon as market conditions permit.”