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Development of a Fintech Platform for Automated Tipping and Investment Management
  1. case
  2. Development of a Fintech Platform for Automated Tipping and Investment Management

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Development of a Fintech Platform for Automated Tipping and Investment Management

relevant.software
Financial services
Consumer products & services

Challenges in Financial Service Integration and MVP Development

The client faced difficulties integrating multiple financial API providers (Plaid, Galileo, Stripe) for KYC, card issuing, payment processing, and bank account connectivity. They required rapid development of a secure, scalable MVP within budget and timeline constraints.

About the Client

A fintech startup focused on innovative financial solutions for the service industry, enabling tip automation and investment integration.

Goals for Tipping and Investment Platform Development

  • Detail and refine the product concept with fintech expertise
  • Develop a secure, compliant MVP within budget and timeline
  • Integrate multi-provider financial APIs for seamless transactions
  • Enable user autonomy over tips and investments
  • Establish foundation for future scalability and phase-two development

Core Platform Functionalities and Features

  • Dual-card system for tip allocation (regular needs vs. investment goals)
  • Automated investment functionality with goal tracking
  • QR code-based tip collection from any user
  • Multi-bank/brokerage account integration
  • Social sharing for user referrals

Technology Stack for Scalable Fintech Development

React Native
Node.js
AWS
PostgreSQL
TypeScript

Critical Financial Service Integrations

  • Plaid
  • Galileo
  • Stripe

Security and Performance Requirements

  • Multi-layer encryption for financial data protection
  • High-availability architecture on AWS cloud
  • Real-time transaction processing performance
  • Compliance with financial regulations (PCI-DSS, KYC)

Expected Business Impact of Automated Tipping and Investment Platform

Enables 55th Degree to launch their first digital product, accelerate sales cycles, and prepare for in-house team transition. The secure MVP establishes market validation, user enthusiasm, and foundation for future product phases while maintaining 92% development team seniority and 89% estimation accuracy benchmarks.

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