Open Banking Platform for Lending Services
Services Covered:

Industry
Business Consulting & Services
Duration
7 months
Budget
50K - 199K
Start Date
1 September 2019
Team Size
1-5
Engagement Model
Nearshore
Project Capability Score (PCS)
74/100
Good
Project Capability Score (PCS) estimates how capable Helpware Tech 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
OPEN B GATEWAY LIMITED
Project Summary
Helpware Tech (formerly eTeam) developed a secure Open Banking platform for a finance-lending client, handling scoping and development requirements and delivering the project in phased two-week sprints with demos. The vendor helped turn loosely defined requirements into a working product and established the platform within six months. Project management and communication (Slack, weekly meetings, bi-weekly demos) were highlighted as strengths.
Key Challenges
- Build an online platform leveraging Open Banking to securely share prospective borrowers' banking data.
- Ensure the platform is secure, streamlined, and extensible.
- Enable lenders to make better credit decisions by verifying borrowers' ability to afford repayments.
Project Deliverables
- Open Banking platform
- Backend services (Golang)
- Front-end application
- QA testing
- DevOps setup (part-time)
- UX designs
- Project management and scoping
Project Solution
The vendor assisted with scoping and developing requirements, converting loosely defined needs into a functioning Open Banking platform. They ran the work in phases using two-week sprints with demos at the end of each sprint, and provided project management, backend and frontend development, QA, part-time DevOps and UX support. The vendor was selected after evaluating outsourcing options and in-person meetings in Kiev.
Project Outcome
- Went from zero to a working platform in six months.
- Improved project management and communication via Slack, weekly meetings, and bi-weekly demos.
- Delivered a high-quality product with vendor autonomy that eased the client's workload.
Platforms
Web
Tech Stack
Go
Client Endorsement
Overall Review Rating
4.5
5 out of 5 stars
Timeliness
Cost Rating
Willing to Refer
Quality of Deliverables
Helpware Tech (formerly eTeam) helped us set up our platform in six months. They're very good at coordinating the project, and they keep in frequent contact. They've also helped us become independent, and that makes life easier for us.
Note: This endorsement is based on publicly available client feedback from external review sources.
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