Python Engineering Support for FinTech Financing Platform
Services Covered:

Industry
Financial Services
Duration
47 months
Budget
Confidential
Start Date
1 January 2013
Team Size
6-10
Engagement Model
Offshore
Project Capability Score (PCS)
82/100
Strong
Project Capability Score (PCS) estimates how capable STX Next 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
Project Summary
STX Next developed and extended a Python/Django-based financing platform that lets users explore and select corporate lenders using a weighted distribution (lender waterfall) model and supports both point-of-sale and e-commerce integrations. The vendor implemented a single-page, browser-based financing center and client-server browser app for light in-store integrations, acting as an extension of the client's team. Reviewers praised STX Next's QA, project management, and proactive collaboration while noting opportunities to improve tooling use (e.g., Jira).
Key Challenges
- Increase team capacity with cohesive Python/Django expertise
- Replace or improve upon existing ineffective outsourcing arrangements
- Deliver extensive feature development including custom integrations with new retailers and lenders
Project Deliverables
- Weighted distribution service (lender waterfalling)
- Single-page browser-based financing center application
- Client-server browser app for light in-store integrations
- Retailer and lender integrations (point-of-sale and e-commerce)
Project Solution
STX Next built a weighted-distribution service to waterfall lenders into prime, secondary, and tertiary markets and enabled multiple lenders per level. They refactored the financing center into a single-page, browser-based application, developed e-commerce functionality to integrate online stores, and provided a client-server browser app for lighter in-store integrations that avoided POS system changes. STX Next functions as an extension of the client's product team, providing staff augmentation (up to 10 resources at peak, including a Scrum master), recruitment/trial hiring and Agile training.
Project Outcome
- E-commerce refactor delivered on time to meet a fixed holiday-season launch deadline
- Significant revenue dependence on the timely delivery (numbers not disclosed)
- Ability to quickly scale resources on short notice when a lender delivered late
- Smooth hiring and recruitment; career progressions and Agile adoption within client teams
Platforms
Web
API/Integration Platform
Tech Stack
Python
Django
AngularJS
Client Endorsement
Overall Review Rating
4.63
5 out of 5 stars
Timeliness
Cost Rating
Willing to Refer
Quality of Deliverables
“Key highlights include a clear commitment to quality assurance, well-organized project management, and the ability to brainstorm proactively with their clients. It was recommended that STX Next improve their use of tools like Jira.”
Note: This endorsement is based on publicly available client feedback from external review sources.
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