Launching a Secure, Scalable P2P Payment App for a High-Growth US Fintech Startup
Industry Fintech / Neobanking
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$10B+ Client Revenues
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12+ Successful Years
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1000+ IT Ninjas
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5000+ Projects
"Developers.dev wasn't just a vendor; they were our product development partner. Their FinTech Mobile Pod brought the deep domain expertise we lacked, especially around security and compliance. They delivered a high-quality, scalable product on an aggressive timeline, which was instrumental in our successful Series A funding round."
CEO, Fin-Pay
A venture-backed startup based in Austin, Texas, aiming to disrupt the mobile payments market with a user-friendly P2P payment app targeting millennials and Gen Z. Their core mission was to create a frictionless experience for sending and receiving money, wrapped in a secure and trustworthy platform. They had secured seed funding but lacked the in-house development capacity to build and launch their product quickly and securely.
The client needed to launch a feature-rich and highly secure eWallet MVP within six months to secure their next round of funding. They faced significant challenges in recruiting experienced fintech developers, navigating complex financial regulations like KYC and AML, and building a scalable cloud architecture from scratch.
Six months from concept to a fully functional, compliant MVP.
Needed to meet PCI-DSS standards and integrate robust KYC/AML verification processes.
The backend architecture had to be capable of handling rapid user growth post-launch without performance issues.
Inability to hire a full-stack, experienced fintech development team locally in a competitive market.
We deployed a dedicated FinTech Mobile Pod, a cross-functional team composed of a project manager, a UI/UX designer, two iOS developers, two Android developers, three backend engineers, and a DevSecOps specialist.
We implemented a two-week sprint cycle, providing constant updates and incorporating feedback rapidly.
Our DevSecOps engineer worked with the backend team to build a secure-by-design infrastructure on AWS, incorporating end-to-end encryption and tokenization from day one.
We integrated a third-party KYC/AML provider (Onfido) and ensured all data handling practices were compliant with US financial regulations.
We developed separate native apps for iOS and Android to provide the best possible performance and security, including biometric authentication.
Deep-dive discovery, requirements finalization, and UI/UX design sprints.
Backend development, microservices architecture setup on AWS, and secure API creation.
Parallel development of native iOS (Swift) and Android (Kotlin) applications.
Rigorous QA and penetration testing to identify and remediate vulnerabilities.
Integration of analytics and fraud detection modules.
Successful deployment to the Apple App Store and Google Play Store.
The MVP was launched successfully in under six months, meeting the board's deadline.
The client secured a $15M Series A funding round within three months of launch, citing the product's quality and stability.
The app acquired over 100,000 users in its first six months with a 4.8-star average rating.
The platform has maintained a perfect security record, processing thousands of transactions daily without a single breach.
By providing a dedicated, expert-led development pod, Developers.dev enabled the client to overcome their internal talent gap and regulatory hurdles. We successfully de-risked their product launch, delivered a secure and scalable eWallet, and provided the technical foundation for their rapid business growth.