Client: A fintech startup revolutionizing how financial institutions acquire and retain users while expanding their service range and becoming the top-of-wallet choice for users looking for a safe, secure, and insured place to invest. Its services seamlessly integrate with existing digital banking platforms or are accessed via an Application Programming Interface (API). It provides a user-friendly platform that allows users to buy, sell, and hold cryptocurrency with their bank or credit union. It provides a suite of tools for cryptocurrency trading, education, and efficient portfolio management.
Challenge:
From concept to digital reality
The client engaged SSI right from the beginning of the project. Transforming this vision of a seamless crypto platform into reality required the development of multiple front-end web applications and the creation of the entire backend architecture from the ground up. The product needed to be viable and capable of securely managing critical operations of cryptocurrency transactions and portfolio building.
Solution:
SSI’s developers collaborated with the client’s in-house team to develop the entire product from scratch.
Scalable backend solution with real-time cryptocurrency access
The team created a highly scalable backend featuring APIs, forging partnerships with cryptocurrency liquidity providers such as FalconX and custodians like Etana. This backend ensures users access real-time cryptocurrency data, facilitating monitoring, buying, selling, and holding cryptocurrencies. It also empowers individual financial institutions to manage users enrolled in the services.
Streamlined access and User Engagement
The team delivered an API developer portal as an interface for these APIs. On the front end, two web applications were developed. The first serves as an operations center for financial institutions, a centralized hub for user and cryptocurrency data. The second is the trading platform, integrated into digital banking services, enabling users to create cryptocurrency portfolios, perform transactions, and monitor holdings.
Result:
A valuable addition to WeStreet’s enterprise
SSI’s dedicated team of developers played a crucial role in delivering the MVP to WeStreet Credit Union. WeStreet integrated the web app into their digital banking platform, empowering users to hold and trade cryptocurrencies securely while maintaining familiarity with their financial institution.
The application is now a valuable addition to WeStreet’s enterprise.
Tools & Technologies:
