endorsedCompleted

POC Development for Fintech Startup

Services Covered:

Custom Software Development • Website Development

Industry

Financial Services

Duration

2 months

Budget

10K - 49K

Start Date

1 June 2022

Team Size

1-5 Employees

Engagement Model

Offshore

Project Capability Score (PCS)

74/100

Good

Project Capability Score (PCS) estimates how capable Vangwe 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

Tel Aviv, Israel

Project Summary

Vangwe developed a proof of concept for a stealth-mode fintech startup, building two systems: a simple product (Node.js backend and React frontend) and a data-gathering tool. The successfully delivered POC enabled the client to advance their company plans, and the team was praised for clear communication and effective project management.

Key Challenges

Validate initial product ideas through a POC

Project Deliverables

Proof of concept (POC) comprising two systems
Backend service (Node.js)
Frontend application (React)
Data-gathering tool (Node.js)

Project Solution

The vendor developed a POC composed of two systems: a simple version of the product implemented as two services (a Node.js backend and a React frontend) and a data-gathering tool implemented in Node.js. The engagement was delivered by a three-person team (two developers, one project manager) with regular communication and two weekly sync meetings plus ongoing email and Slack updates.

Project Outcome

POC successfully developed enabling the client to push forward with company plans
Effective project management with two weekly syncs and ongoing Slack/email communication
Delivered all agreed-upon features without issues

Platforms

Tech Stack

Node.js
React.js

Client Endorsement

Overall Review Rating

4.38

Timeliness

Cost Rating

Willing to Refer

Quality of Deliverables

“Vangwe successfully developed the POC, allowing the client to push forward with their company plans. They impressed the client with their ability to complete the deliverables without any issues. Moreover, the client commended their excellent project management style and effective communication.”
Anonymous
CTO
Date: 08/01/2022