This Case Shows Specific Expertise. Find the Companies with the Skills Your Project Demands!

You're viewing one of tens of thousands of real cases compiled on Many.dev. Each case demonstrates specific, tangible expertise.

But how do you find the company that possesses the exact skills and experience needed for your project? Forget generic filters!

Our unique AI system allows you to describe your project in your own words and instantly get a list of companies that have already successfully applied that precise expertise in similar projects.

Create a free account to unlock powerful AI-powered search and connect with companies whose expertise directly matches your project's requirements.

Develop a Scalable P2P Lending Platform with Real-Time Transaction Processing

sombrainc.com

Financial services

Core Challenges

The existing P2P lending platform experiences significant challenges with high transaction volumes, slow page loading speeds, inefficient multithreading, and inaccuracies in cash transaction calculations. These issues impact user experience, system stability, and financial accuracy, hindering business growth.

About the Client

A fintech startup providing a peer-to-peer lending marketplace connecting merchants with lenders for point-of-sale financing solutions.

Project Goals

Improve platform performance to handle high transaction volumes (requests per second).
Reduce page loading times to under 1 second for improved user experience.
Enhance system stability and data consistency through effective multithreading and transaction management.
Ensure precise and accurate calculations for cash transactions.
Develop a scalable and reliable platform to support future business expansion.

Functional Requirements

Instant point-of-sale financing application process.
Secure transaction management and processing.
Real-time data updates and reporting.
Dynamic page loading with optimized data retrieval.
Robust multithreading capabilities to handle concurrent operations.
Accurate cash transaction calculation module.
Comprehensive error handling and rollback mechanisms.

Preferred Technologies

Spring Scheduler

ScheduledExecutorService

Connection Pooling

SQL Database

RAM caching

Required Integrations

Payment Gateway Integration
Merchant POS System Integration

Non-Functional Requirements

High Scalability to accommodate increasing transaction volumes.
High Performance with minimal latency.
Data Security and Integrity.
Reliability and Availability.
Robust Error Handling and Recovery.

Expected Business Impact

Successful completion of this project will result in a significantly improved user experience, increased transaction processing capacity, enhanced system stability, and improved financial accuracy. This will enable the client to scale its business, attract more merchants and lenders, and solidify its position in the competitive P2P lending market.