Development of a Modular Banking Platform with Advanced API Integration and Remote Team Enablement

The client faces difficulties in maintaining development velocity aligned with their ambitious growth plans, especially in building and scaling complex banking modules such as digital banking, emoney, lending, and payment processing. Additionally, they need to support secure API access for third-party integrations and manage an increasingly remote development team while ensuring high-quality software delivery and operational stability.

A rapidly growing fintech company with a full banking license, focused on providing customizable banking modules and digital financial products to partner organizations globally.

• Establish a modular, API-driven banking platform supporting core functionalities such as digital accounts, payments, remittances, lending, and KYC services.
• Implement secure, scalable middleware and APIs that enable third-party integrations with a focus on payment processing, card management, and client notifications.
• Develop an automated test suite to support continuous delivery and ensure system reliability.
• Build a dedicated development team to focus on platform modules, including a debit card processing system and consumer loan engine.
• Mature remote work practices across the development organization to facilitate efficient collaboration and high-quality deliverables while minimizing geographical constraints.
• Ensure the platform supports onboarding of new clients and integration with external providers, maintaining high security and performance standards.

• A modular banking API architecture supporting various financial products such as digital banking, emoney, credit, and KYC services.
• Middleware connecting mobile and web applications securely with core banking APIs, enabling real-time data exchange.
• Automated testing frameworks to facilitate continuous integration and deployment processes.
• API endpoints for managing payment services, including digital wallet transactions and third-party integrations.
• An API for managing payment card issuance, activation, and control mechanisms.
• Notification automation system for client account status updates, such as negative balance alerts.
• Dedicated modules for handling consumer lending, including application processing and loan management.

• Payment networks for card management and transaction processing
• Third-party KYC and identity verification providers
• Partner financial institutions for fund transfers and account management
• External billing and notification systems

• System must support high scalability to accommodate rapid growth, with minimal downtime
• APIs should ensure secure data exchange with OAuth and encryption protocols
• Automated test suites should enable continuous delivery with high confidence
• Middleware and APIs must support real-time data processing with latency below 200ms
• Platform should support at least 100 concurrent third-party integrations without performance degradation

The new platform is expected to significantly enhance development agility and product scalability, enabling rapid onboarding of new clients and expansion of service offerings. Implementation of automation and remote work practices will improve operational efficiency and data security. The project aims to support sustained growth, reduce time-to-market for new features, and facilitate a seamless API ecosystem, potentially increasing client acquisition by at least 25% and reducing system downtime by 30%.