A modular e-banking system was developed for a Lithuanian company. It serves as a white-label solution for integration with third-party clients. The business is to provide a ready-to-use, online banking-as-a-service with subscription revenue generation and full technical support.
Key system features include:
1)A full user registration and KYC verification process through integration with third-party providers.
2) An e-wallet creation and management.
3) Internal and external money transfers.
4) A sophisticated administrative panel for monitoring all operations.
The backend is built on Phalcon. The frontend is on React, and the entire infrastructure is containerized using Docker.
The project was implemented by a team of 5 people led by a team lead. The work was carried out using an Agile approach, with two-week sprints. It enabled the adoption and refinement of existing functionality, including the complex integration of verification systems.
We also integrated third-party banking services and user verification services.