endorsedOngoing

Mobile & Web Banking Solution for Fintech Company

Services Covered:

Custom Software Development • Mobile Application Development • Website Development

Industry

Financial Services

Duration

59 months

Budget

200K - 999K

Start Date

1 September 2021

Team Size

11-15 Employees

Engagement Model

Offshore

Project Capability Score (PCS)

79/100

Good

Project Capability Score (PCS) estimates how capable Softermii 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

Essen, Germany

Project Summary

Softermii developed a mobile and web fintech banking solution that included secure P2P transfers, eKYC authentication, a wallet card list, and live chat support. The app achieved 4,000 downloads in the first three months and processed 1,350,000 money transfers; the engagement is ongoing with continued improvements.

Key Challenges

Lack of legacy banking infrastructure limiting access to financial services
Need to build a secure, scalable mobile and web fintech solution with P2P transfers, wallet card list, live chat, fraud detection, cashback integration, and ATM third-party vendor support

Project Deliverables

Mobile application (iOS and Android)
Web application
eKYC-based user authentication
Wallet card list integration
Live chat support feature
Secure P2P money transfer functionality

Project Solution

Softermii built iOS and Android mobile applications and a web application for a fintech client, implementing eKYC authentication, a modern user interface, card-list wallet functionality, live chat support, fraud-detection features, and a scalable architecture. The vendor assigned a 12-person team including delivery and project management, multiple engineers across platforms, designers, QA, and DevOps and continues to provide ongoing development and support.

Project Outcome

Achieved 4,000 downloads in the first three months after primary launch
Processed 1,350,000 money transfers, averaging 4.1 transfers per customer per day
Ongoing engagement with demonstrated early adoption and active user engagement

Platforms

Mobile
Web

Tech Stack

iOS
Android

Client Endorsement

Overall Review Rating

Timeliness

Cost Rating

Willing to Refer

Quality of Deliverables

“Softermii helped the client achieve 4,000 downloads in the first three months since the beginning of their partnership. The team showed dedication and on-time deliveries that were eager to share information.”
Ralf Holtzmann
CTO
Date: 10/21/2022