Money-lending Platform
The platform provides individuals (Western Europe) with the opportunity for microloans. Using filters, the user can specify a loan and a period to choose, and the system will automatically select one of the available loan packages.
Industry
Fintech
Team
2 developers
Dev Period
3 years (ongoing)
About
The platform provides individuals (Western Europe) with the opportunity for microloans. The user can specify a loan and its period using filters, and the system will automatically select one of the available loan packages.
Challenges
The client addressed us with a working platform and the challenge to make the product independent of one of the third-party services, optimize it and add functionality. New Line Technologies team faced the next key challenges:
- Puzzle out the new product domain;
- Explore the project’s internal architecture.
- Implement the logic within the current core of the system, with the preservation of data and existing functions developed by the customer;
- Fix bugs and shortcomings in the existing system;
- Refine the incompletely implemented functionality (for instance, some of the data displayed on the UI was static).
The most difficult part is to deal with the already built architecture of a multi-level project and get immersed in the product domain.
Solutions
- We eliminated dependence on third-party service and implemented similar functionality developed according to the customer’s business requirements.
- We upgraded and configured a set of integrations with other third-party services.
- We improved the test environment for the customer.
- We modified and tested the functionality for working in multitenant mode.
Results
The New Line Technologies team presented to the client a functioning system instead of a non-working one, and now he can successfully work using an appropriate business model.
Money-lending platform is now:
- scalable;
- high-performance;
- flexible;
- cloud-based;
- white label with multitenant architecture.
Now we provide technical support to the project and plan to optimize the design and UX/UI. An additional task the team is currently working on is preparing the Technical Documentation User Guides for the system.
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