endorsedOngoing

Backend Development for FinTech Platform

Services Covered:

Custom Software Development • Staff Augmentation

Industry

Financial Services

Duration

47 months

Budget

10K - 49K

Start Date

1 September 2022

Team Size

1-5 Employees

Engagement Model

Offshore

Project Capability Score (PCS)

75/100

Good

Project Capability Score (PCS) estimates how capable Binariks Inc. is of successfully delivering a project like this, based on its past experience, track record, and ability to handle similar work. Learn more about PCS

Client

Confidential

London, United Kingdom

Project Summary

Binariks provides backend development and light project management for a fintech platform, supplying a full-time backend developer who works with the client CTO. The work uses Node.js, TypeScript, JavaScript and AWS. The engagement began in September 2022 and is ongoing; the client praises timely delivery, improved communication, reduced rework, and consistent administration (meeting minutes and invoices).

Key Challenges

Increase development capacity
Onboard developers into a complex product backend (initial onboarding was slow)

Project Deliverables

Backend for fintech platform built with Node.js/TypeScript
One full-time backend developer
Light-touch project management (daily PM and senior-manager oversight)
Daily stand-ups and meeting minutes
Timely deliverables and invoicing

Project Solution

Binariks provided a full-time backend developer who collaborated with the client CTO to build the product backend using Node.js, TypeScript and JavaScript on AWS. They also offered light-touch project management through a daily project manager and senior manager oversight, participated in daily stand-ups, and performed regular check-ins to keep the project on track.

Project Outcome

Reduced rework on bug fixes and improved timely completion of tasks
Strong, consistent communication with daily stand-ups and monthly senior check-ins
Reliable administrative practices including accurate time logs, meeting minutes, and consistent invoices

Platforms

Tech Stack

Node.js
TypeScript
JavaScript
Amazon Web Services (AWS)

Client Endorsement

Overall Review Rating

Timeliness

Cost Rating

Willing to Refer

Quality of Deliverables

“The client is happy with Binariks’ timely delivery and their reduction of redos after bug fixes. The team excels at communication, with daily stand-up meetings and monthly check-ins with key teammates. They’re transparent, responsive, and organized with invoices; their consistency stands out.”
Michael Magdongon
CEO & Co-Founder
Date: 12/29/2022