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Scalable Capital Raising Platform Development for Financial Technology Firm
  1. case
  2. Scalable Capital Raising Platform Development for Financial Technology Firm

Scalable Capital Raising Platform Development for Financial Technology Firm

datarockets.com
Financial services

Challenges in Scaling and Optimizing a Digital Capital Raising Platform

The client requires a robust, high-performance platform capable of supporting large-scale capital raises and handling exponential user growth, including high-volume transactions and real-time activities, while maintaining security and compliance. They face challenges with slow page loads, technical debt, infrastructure bottlenecks, and ensuring seamless investor onboarding and payment processing across multiple integrations.

About the Client

A rapidly growing fintech company providing a cloud-based digital platform for companies to raise capital and facilitate investor-shareholder relationships.

Core Goals for Building a Robust Capital Raising System

  • Enhance platform performance and load times to ensure a smooth user experience during high-traffic capital raises.
  • Implement best-in-class development practices and code quality standards to support ongoing rapid growth.
  • Develop scalable integrations with multiple payment service providers, supporting diverse payment methods including ACH, card payments, and mobile wallets.
  • Create an embeddable investor flow that can be integrated directly into client websites to increase trust and ease of use.
  • Develop a flexible API with comprehensive documentation and webhook support to facilitate third-party integrations.
  • Implement automated testing frameworks, including end-to-end and real request recordings, to ensure payment system reliability amidst frequent SDK and API updates.
  • Support large-scale user onboarding and manage technical infrastructure upgrades to handle transactions exceeding hundreds of thousands of investors.

Functional System Capabilities for a High-Growth Capital Platform

  • Optimized page loading and efficient layout restructuring for fast performance
  • Implementation of a modular, scalable API supporting OAuth2 authentication, webhook subscriptions, and detailed public documentation
  • Embedded investor flow via iframe, seamlessly integrated into external client websites
  • Integration with multiple payment gateways (e.g., global card processors, ACH, mobile wallets) supporting rapid, secure transactions
  • Automated end-to-end testing of payment SDKs and APIs using real request recordings to ensure compatibility and stability amid frequent updates
  • Infrastructure modernization, including cloud migration, load balancing, and performance monitoring tools
  • Support for large transaction volumes with real-time transaction tracking and investor onboarding management

Preferred Technologies and Architectural Approaches

Modern web frameworks and front-end migration from legacy tools to reactive frameworks (analogous to migrating from jQuery to Svelte)
Ruby Grape or equivalent RESTful API development platforms
OAuth2 and OAuth2-compatible security libraries for authentication
Containerization and cloud-based infrastructure for scalability
Performance monitoring and load testing tools used for emulation of high user activity

Essential External System Integrations for Payment and Data Flow

  • Multiple payment service providers including global card processors, ACH, and mobile wallet services
  • Webhook subscriptions for real-time updates and transaction status monitoring
  • Third-party SDKs or APIs for payment processing, regularly updated APIs requiring automated testing
  • Secure user authentication and authorization systems

Critical Non-Functional System Requirements

  • Platform must support high traffic volumes, capable of processing hundreds of thousands of investors simultaneously
  • Page load times optimized for performance to ensure user engagement during peak activity
  • Automated testing for external SDKs and APIs to quickly adapt to updates and prevent downtime
  • Data security and compliance with financial regulations for sensitive transaction data
  • High availability architecture with automated failover and load balancing

Anticipated Business and Technical Benefits of the New Platform

The development of a robust, scalable capital raising platform will enable the client to support large-scale, high-value transactions with tens to hundreds of thousands of investors. Improved performance and automation will streamline operations, reduce technical debt, and ensure reliability amid rapid growth. This will facilitate landmark transactions, enhance user trust, and position the platform as a leader in digital capital markets, capable of handling multimillion-dollar raises efficiently and securely.

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