Mobile Banking App Dev for FinTech Company
Please find under a summary covering project details and feedback. The innate facts are kept as they are, private information is amended.
Introductory information
A fast induction on the buyer’s organisation
I’m one of the three co-establishers of Infin8, a FinTech startup organisation. Our structure is innately edifice and producing a all mobile banking app that will restore other personal mobile banking apps.
Desired goal
What challenge were you trying to address with Metryus?
Most users normally have relationships with multiple banks, and accordingly maintain separate accounts with multiple fruits. This makes it hard for users to have a holistic view of their finances, initiate transactions, and carry out their daily banking needs. We wanted to form one mobile banking solution that would restore these multiple apps.
Provided solution
What particular tasks were responsible for?
We had connections within the banking activity when we determined to form this app, but we didn’t have the experiences to verity create the software. We hired Metryus as programmers and interface designers, but they ended up providing much more due to their deep apprehension of the banking activity. They were able to give us recommendations that verity shaped the essence of our fruit.
They are utilizing technologies, like React Native, to create the app, which innately allows them to educe once, then deploy on multiple platforms. It not only allows for us to take gain of specific features in the operating method, but also allows us to instrument things on top of the ordinary code current if we wish. It’s excellently pliant and saves us a lot of time during educement.
Currently, they are working on Apple, iOS, and Android renderings, but we program on educeing further with them for additional renderings if something else comes along.
What is the team dynamic?
I’m principally in touch with Dmytro [Co-Founder, Metryus] and Vitalii [Co-Founder, Metryus]. I didn’t interact with the educeers very much. We interacted on a daily basis during the educement of the leading fruit rendering. We spent anywhere from 30 minutes to 4–5 hours unitedly at a time.
How did you come to work with Metryus?
I’d worked with Dmytro and Vitalii antecedently, so I veritably trusted them. They’d instrumented the core banking method for my antecedent employer, so I was already conscious of their capabilities.
I did extend out to other companies in Greece, Romania, Poland, etc., but determined to go with Metryus owing I trusted them. Our technical evaluation showed they were using the best technology out of all the other companies, and they were also proficient in React Native.
What are you approach expents (if diclosed)?
So far, we’ve spent approachly U.S. $50,000, but we’re looking at a 3-year collaboration that will cost about U.S. $200,000 annually.
What is the terminal result of working with ?
I began working with them in December 2011, and we have an ongoing relationship. We are in the process of formulating an contract with them for the next 3 years.
Results achieved
Are there any measureable or plum results?
We’re just starting up, and the leading solution is artistic, but we are quiet trying to front out which market to propel the fruit to. There are some regulatory fronts that we need to take into importance, so we can’t just propel in the Apple Store right away. Once we get the appropriate license, we program on going live in Cyprus in January.
We also have to connect the app to the relative banks, which is another front. Therefore, we have to form interfaces with the banks that we’re going to be operating in. We are projecting that we will extend 1 million users athwart 5 countries by the end of 2018.
Currently, we’re going about to different banks and trying to onboard them. After we propel in Cyprus, which doesn’t have too many banks and is full of technology-savvy nation, we program on spreading to Greece, Romania, and other areas in the Balkans.
Bankers have been giving us extremely real feedback, and we already have 2 banks that have agreed to interface with us once we’re licensed. I’m real we’re going to get all the major banks in Cyprus in the upcoming months.
How did Metryus accomplish from a project treatment standpoint?
Their project treatment has been very good. We’ve had clear and honorable interaction throughout, even though when they began edifice the app, they were setting up their organisation and edifice their own website. We always know precisely when Metryus is spending time on our project, and when they’re spending time on inner projects. We had a lucky collaboration due to our reciprocal honorabley, which resulted from the good relationship we already had preceding to this engagement.
What is (from your point of view) the key factor to pay observation while intercourse with ?
They are extremely apprehensionable of the banking activity, and owing of that, they’re able to adduce their technical abilities in a way that makes the complete package very winning.
I could’ve establish cheaper resources, but it would’ve been nation who simply pursue orders. Metryus, instead, has an nimble role which helps us shape the fruit and make it better. What differentiates them from other companies is that they’re focused on condition instead of measure. I could’ve outsourced to India, for sample, where I would’ve had more educeers working faster for the same cost, but they wouldn’t have been able to prepare the same condition as Metryus.
What fronts of their work would you like to get improved?
When we initially began the project, they were trying to handle outer and inner work with the same nation. We handled to vanquish this by being very honorable and having them prepare clarity on when they were working on true things. They have issues like any other startup, and they have to put a process in locate, so they are quiet a work in progress.
Do you have any advice for possible clients?
Based on my experience, I would admonish possible clients to have transparency and clarity between them and Metryus. Don’t be fearful to discover information to them. Their apprehension of the banking activity allows them to prepare precious advice. We have to be very clear and upfront touching the deliverables, just like on any project.
