115 Thousand Users One Year After Launch: The Development of a Unique Fintech App

Challenge

Development of a unique financial antivirus

The client contacted us with a specific business vision, but without a specific idea of a suitable technological solution. After the expectations were clarified, we proposed the foundations on which an app like this could work. We knew from the start that it wouldn't be easy to develop.

Because it was an unprecedented service, we had to draw on our experience and primarily our own creativity and the ability to look for innovative solutions. Excellent security was the main priority as the app works with sensitive user data. In addition, we developed a unique solution for communicating with banks, which is still not standard nowadays. Even the concept of analyzing and labelling bank accounts was not common on the market.

The project already required a high level of flexibility in its design. The development had to quickly react to economic developments and user needs as well as international payment standards. That had to be dealt with on the fly during development.

Solution

Fast prototype processing

The key was a good understanding and setting of our customer's business objectives and expectations. That allowed us to develop a product that fully met all needs.
 
We assembled an experienced team of experts within INVENTI's ranks, who adapted very quickly to the specific needs of users and all other partners/third parties. First, we worked together to develop an interactive prototype where our customer could practically test the use of the application before starting the final development.

Subsequently, new requirements and needs that continuously emerged as the project grew were agilely incorporated. The team took into account both market and partner feedback during development. For example, we have developed the most accurate labeling of transaction categories and end-user products, which is unparalleled in the market.