Financial Technology

From Idea to MVP in 12 Weeks: Launching a FinTech SaaS Platform that Secured $2M in Seed Funding

Industry Financial Technology (FinTech)

  • Client Revenues

    $10B+ Client Revenues

  • Successful Years

    12+ Successful Years

  • IT Ninjas

    1000+ IT Ninjas

  • Successful Projects

    5000+ Projects

Client's Testimonial

As non-technical founders, finding a trustworthy development partner was our biggest challenge. Developers.dev was a godsend. They provided a complete POD that took our wireframes and turned them into a secure, functional, and impressive MVP. Their process was transparent, and they guided us through every technical decision. The platform they built was the centerpiece of our successful seed funding round.

Client Executive

Michael Rodriguez, Founder & CEO, RebalanceNow

Client Overview

The client is a US-based startup founded by two former wealth managers. Their vision was to create a SaaS platform that automates portfolio rebalancing for independent financial advisors, a process that was largely manual and error-prone. They had deep domain expertise but no in-house technical team.

  • Client Logo 1
  • Client Logo 2
  • Client Logo 3
  • Client Logo 4
  • Client Logo 5
Problem

Problem

The founders needed to build a Minimum Viable Product (MVP) to validate their business idea with potential customers and secure seed funding. The platform had to be highly secure, reliable, and able to perform complex financial calculations, all while being user-friendly for non-technical financial advisors.

Key Challenges

key challenge

Speed to Market: The need to build and launch the MVP within a tight 3-month timeline to capitalize on a market opportunity.

The need to build and launch the MVP within a tight 3-month timeline to capitalize on a market opportunity.

key challenge

Bank-Grade Security: Implementing robust security measures to protect sensitive financial data from the very first line of code.

Implementing robust security measures to protect sensitive financial data from the very first line of code.

key challenge

Complex Business Logic: Translating sophisticated portfolio rebalancing algorithms into accurate and efficient code.

Translating sophisticated portfolio rebalancing algorithms into accurate and efficient code.

key challenge

Lack of Technical Staff: The client required a self-managed team that could handle the entire development lifecycle.

The client required a self-managed team that could handle the entire development lifecycle.

AR/VR Experience Pod Solution

Our Solution

We deployed a managed, cross-functional "FinTech Mobile Pod" consisting of a MERN stack full-stack developer, a UI/UX designer, a QA engineer, and a part-time project manager.

🎨 UI/UX Design Sprint:

We started with a one-week design sprint to translate the client's vision into a clickable prototype, allowing for rapid feedback and iteration before development began.

🔒 Secure MERN Stack Architecture:

We chose the MERN stack (MongoDB, Express.js, React, Node.js) for rapid development and built it on AWS with security best practices, including data encryption, VPCs, and IAM roles.

⚡ Agile Development:

We ran two-week sprints with regular demo sessions, giving the client full visibility into our progress and the ability to make adjustments along the way.

🔗 Third-Party Integration:

We securely integrated with Plaid for bank account linking and a market data provider for real-time stock pricing.

Implementation and Execution

Implementation and Execution

Developed a responsive front-end using React and TypeScript for a clean, professional user interface.

Developed a responsive front-end using React and TypeScript for a clean, professional user interface.

Implementation and Execution

Built a secure RESTful API with Node.js and Express.js, implementing JWT for authentication.

Built a secure RESTful API with Node.js and Express.js, implementing JWT for authentication.

Implementation and Execution

Engineered the core rebalancing algorithms, including extensive unit tests to ensure accuracy.

Engineered the core rebalancing algorithms, including extensive unit tests to ensure accuracy.

Implementation and Execution

Set up a CI/CD pipeline using GitHub Actions for automated testing and deployment to AWS Elastic Beanstalk.

Set up a CI/CD pipeline using GitHub Actions for automated testing and deployment to AWS Elastic Beanstalk.

Implementation and Execution

Implemented comprehensive logging and monitoring using AWS CloudWatch.

Implemented comprehensive logging and monitoring using AWS CloudWatch.

Implementation and Execution

Conducted a third-party security audit before launch to validate our security posture.

Conducted a third-party security audit before launch to validate our security posture.

Positive Outcome

🚀 Successful Launch in 12 Weeks:

The MVP was delivered on time and on budget, allowing the client to begin onboarding pilot customers.

💰 Secured $2M in Seed Funding:

The professional, functional MVP was instrumental in demonstrating the viability of the business to investors.

👍 Positive Early User Feedback:

Pilot customers praised the platform's ease of use and reliability, validating the core product-market fit.

📈 Scalable Foundation:

The architecture was designed to scale, allowing the client to seamlessly transition from MVP to a full-featured product post-funding.

Positive Outcome: Successful Launch, Funding, and Scalable Foundation

Why Choose Us

💡 SaaS Product Expertise:

Deep experience in taking SaaS products from concept to launch.

🤝 Managed POD Model:

Provided a self-sufficient team, ideal for non-technical founders.

🏦 FinTech Domain Knowledge:

Understood the critical importance of security and accuracy.

⏱️ Rapid Development Capability:

Our agile process and MERN expertise accelerated time-to-market.

🛡️ Security-First Approach:

Our ISO 27001 framework ensured security was a priority.

🔎 Transparent Process:

Constant communication and regular demos built trust.

💲 Cost-Effectiveness:

Delivered a high-quality MVP at a fraction of the cost of hiring a local US team.

©️ Full IP Ownership:

The founders retained 100% ownership of their valuable new platform.

🤝 Long-Term Partnership:

We transitioned into a long-term development partner after the funding round.

Conclusion

Developers.dev enabled the FinTech startup to overcome the initial technical hurdles and successfully launch their product. Our managed POD model provided the exact blend of speed, expertise, and security they needed to validate their vision and secure the capital required for growth.