endorsedOngoing

Mobile Banking MVP Development (Banki App)

Services Covered:

Mobile Application Development • API Development • UI/UX Design • Cloud Consulting and Services

Industry

Financial Services

Duration

60 months

Budget

200K - 999K

Start Date

1 August 2021

Team Size

6-10 Employees

Engagement Model

Onshore

Project Capability Score (PCS)

77/100

Good

Project Capability Score (PCS) estimates how capable Sitech 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

Banki App

Amman, Jordan

Project Summary

Sitech built the MVP for a banking and credit platform (Banki App), delivering a Flutter mobile app, Django REST backend, and a Node.js/TypeScript Vue.js dashboard. They used PostgreSQL and Redis, exposed RESTful APIs, and deployed the stack on AWS using a Kubernetes cluster. The first release enabled a line of credit product (up to $5,000) with approval within 24 hours, and the vendor maintained daily and asynchronous communication via a dedicated project manager and Slack.

Key Challenges

Build digital banking and financing solutions tailored for freelancers and underbanked users in the Arab world
Implement core abstractions: Transactions, Virtual Cards, Credit Scoring Engine, and UI/UX on top of a Banking-as-a-Service provider with a banking license in Jordan

Project Deliverables

Mobile app (Flutter)
Backend APIs (Django REST Framework/Python)
Admin dashboard (Node.js, TypeScript, Vue.js)
PostgreSQL database and Redis caching/async jobs
Kubernetes-based AWS infrastructure

Project Solution

Sitech developed the platform's backend primarily in Python using Django REST Framework, the user-facing mobile app in Flutter (Dart), and the administrative dashboard in Node.js and TypeScript with Vue.js. They implemented PostgreSQL as the main database, Redis for caching and background jobs, RESTful APIs over HTTPS, and hosted the infrastructure on AWS running a Kubernetes cluster.

Project Outcome

Launched first release (Banki Line of Credit) enabling up to $5,000 credit approved within 24 hours
Customers used the credit line for various business needs
Sitech built the MVP from scratch and maintained dedicated project management and daily communication

Platforms

Mobile
Web

Tech Stack

Python
Django
Flutter
Node.js
TypeScript
Vue.js
PostgreSQL
Redis
Amazon Web Services (AWS)

Client Endorsement

Overall Review Rating

Timeliness

Cost Rating

Willing to Refer

Quality of Deliverables

“Sitech has actively helped the company build the MVP from scratch. With the platform, customers have used the credit line at their convenience. The team has ensured seamless management throughout the project's completion with asynchronous communication.”
Loay Malahmeh
Founder
Date: 04/21/2022