Scaling FinTech Software Development Team for Secure Payment Ecosystem Enhancement

The client, a FinTech firm specializing in app-based POS solutions, faces a shortage of skilled local developers with expertise in FinTech within their regional market. Additionally, high salary demands and the highly regulated financial environment present barriers to scaling their internal development team. This hampers the company's ability to accelerate product development, improve transaction processes, and meet growing customer demand across the UK retail sector.

A rapidly growing FinTech company offering app-based point-of-sale solutions to streamline in-person payments for retail businesses across the UK.

• Expand the existing development team by onboarding experienced software engineers from external technical hubs to accelerate product development.
• Improve the efficiency, speed, and security of the payment processing platform to accommodate increasing daily user transactions.
• Enhance integration capabilities of the platform to offer users more flexible and customizable payment options.
• Ensure compliance with financial regulations through secure, scalable, and robust software architecture.
• Achieve measurable improvements in development cycle times and feature deployment frequency to support business growth.

• Mobile app interface for retail transaction processing
• Secure payment ecosystem integration adhering to financial regulations
• Transaction management dashboard with real-time monitoring
• Flexible payment options including multiple payment methods and currencies
• Integration capability with existing POS hardware and third-party payment processors
• User authentication and secure data encryption mechanisms
• Scalable architecture supporting rapid feature deployment and growth

• Third-party payment gateways and processors
• Financial regulatory compliance services
• Real-time transaction monitoring systems
• Existing POS hardware interfaces
• Authentication and security services

• System scalability to handle thousands of daily transactions
• High system availability and uptime (target 99.9%)
• Data security and compliance with financial regulations
• Performance benchmarks ensuring transaction processing within seconds
• Maintainability and ease of deployment for rapid updates

The project aims to significantly accelerate the development cycle of the payment platform, increasing deployment frequency and feature enhancements. Expected results include improved transaction handling capacity, enhanced security compliance, and expanded payment options, ultimately enabling the client to serve thousands of customers daily across the UK more efficiently. These improvements are projected to support business growth, increase customer satisfaction, and reduce time-to-market for new features.