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R&D Team Augmentation and Platform Enhancement for P2P Lending Platform
  1. case
  2. R&D Team Augmentation and Platform Enhancement for P2P Lending Platform

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R&D Team Augmentation and Platform Enhancement for P2P Lending Platform

globaldev.tech
Financial services

Scalability and Innovation Challenges

Tarya is experiencing rapid growth in demand for its services. To maintain its competitive edge and meet evolving customer needs, the company requires ongoing research and development to enhance its platform, develop new features, and improve existing functionalities. The existing team's capacity is insufficient to keep pace with the increasing demand and the need for continuous innovation.

About the Client

Tarya is a leading P2P investment platform providing lending solutions to businesses underserved by traditional banking systems. They offer an end-to-end lending product, AI-powered risk assessment, and HR strategy empowerment solutions.

Project Goals

  • Expand R&D team capacity to support platform development and innovation.
  • Enhance existing platform features with new functionalities.
  • Improve platform performance, scalability, and security.
  • Integrate AI-powered risk assessment capabilities (NextGen BNPL).
  • Support the development of new HR strategy empowerment solutions.

Core Platform Functionality

  • Automated loan application and approval workflow
  • Secure payment gateway integration
  • Real-time loan monitoring and reporting
  • AI-powered risk assessment engine
  • User-friendly interface for borrowers and lenders
  • Integration with HR strategy empowerment tools

Technology Stack

Java
AI/Machine Learning
Cloud Computing (AWS, Azure, or GCP)
Database technologies (e.g., PostgreSQL, MySQL)
API development and integration

External System Integrations

  • Payment gateways (e.g., Stripe, PayPal)
  • Credit bureaus
  • HR systems
  • Analytics platforms

Non-Functional Requirements

  • High scalability to handle increasing transaction volumes
  • Robust security measures to protect financial data
  • High availability and reliability
  • Performance optimization for fast response times
  • Compliance with relevant financial regulations

Business Impact

Successful completion of this project will enable Tarya to maintain its market leadership position, expand its user base, enhance customer satisfaction, and drive revenue growth. By investing in R&D, Tarya can stay ahead of the competition and continue to innovate in the P2P lending market.

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