Thousands
of customers and merchants served.
Consumer credit origination.
European fintech, Buy-now-pay-later
Consumer CreditFintech Product ArchitectureImplementation Support
Challenge
A European Fintech startup has come up with a concept of a Buy-now-pay-later payment method providing a solution for instant consumer credit at checkout. While having all business relationships, legal and marketing components in place, the customer needed a technology partner able to deliver a custom-made solution to market.
Approach
- Designed a consumer digital onboarding flow incorporating product specifics, regulatory requirements, and financial institution partner requirements.
- Designed an API for payment service providers and merchants; implemented a developer portal and sandbox environment.
- Customised the Digital Onboarding Platform UI to align with brand guidelines and operational processes.
- Designed and operationalised the digital service delivery infrastructure; integrated with value-added service providers and networks.
- Implemented fraud prevention using data-driven risk analysis, device fingerprinting, rule-based mechanisms, and machine-learning models.
- Designed and implemented merchant, marketplace, and payment-gateway plugins.
- Supported integration projects with merchants, payment service providers, and financial institutions.
Outcome
The solution has been successfully launched, and is serving as the core of the customer's operation, processing transactions in a 24×7 mode, originating consumer loans and serving thousands of customers and merchants.
By the numbers
24×7
transaction processing.
Core
of the customer's operation.
Related services
Fintech Product Architecture
A fintech product's architecture is the design that determines how the product will operate, fit its market, and advance the strategy behind it.
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Consumer Credit
Reshaped at every layer at once: the products, the channels, and the regulatory environment around them.
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