B2Send - AKDev Group

Case study

FinTech

The FinTech startup, Borrow to Send, offers a Buy Now Pay Later app with a wide range of features. Its primary function is to build business logic for issuing microloans and facilitating money transfers. Additionally, it features seamless integration with marketplaces, allowing them to offer their products to app’s users.

Challenge

Develop a multifunctional MVP within a tight timeframe to attract further investments.

Solution

An MVP was developed from scratch for the fintech startup BNPL for the African market. The business goal was to create a multifunctional application within a tight timeframe.

Key product features include microloan issuance, the ability to transfer funds against a loan, and integration with partner marketplaces for purchasing products in the app.

For the business, a core credit logic was implemented with integration with the Provenir scoring platform, as well as KYC verification via ShuftiPro and connection to the Mastercard ecosystem for payment processing. The technical backend is built on Laravel and PostgreSQL, deployed in Docker. User communication is provided via Sendgrid and Twilio. The team of 6 people worked using Agile and focusing on a clear scope.

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Result

Borrow to Send’s innovative Buy Now Pay Later app, integrating seamlessly with marketplaces, is in development to provide users with an array of features, including simplified registration and onboarding, aiming to attract further investments.

Used technologies