BONDSTER: ACQUISITION AND DEVELOPMENT OF AN INVESTMENT PLATFORM
We took over the management of the investment P2P application from the Czech FinTech company Bondster. Our work includes not only the successful containerization of over 35 application modules and the setup of automatic deployment but also the development from scratch.
PROJECT LENGTH
03/2020 – 2022
TEAM SIZE
3 - 5 FTE + 24/7 support team
TECHNOLOGIES
Java, MongoDB, AWS, Scala, Akka/Actor framework, React, Redux, Spring
CLIENT’S NEED
Bondster is a Czech FinTech P2P platform that connects investors from the general public with loan applicants. Bondster is among the globally respected online players in the P2P field and is experiencing exponential growth. After less than three years, it managed to attract investors from 73 countries across 4 continents.
The platform allows individuals to invest in secured loans with verified repayment histories, manages investor funds, calculates interest based on repayments, and handles all associated financial operations. It also generates materials for accounting and processes bank transfer orders.
The client approached us to take over the operation and development of the investment platform when the system was suffering from various issues, including an inability to register new investors, which the original provider could not resolve.
FROM 0 TO 100 IN 3 MONTHS
Taking over the completed application posed several challenges. First, we had to catch up on three years of platform development and familiarize ourselves with its complex architecture within three months. Bondster is a modular application that includes more than 35 modules in the form of microservices.
During the handover, we focused on containerizing individual modules and setting up automated deployment. Additionally, we had to build development and production environments from scratch, along with monitoring and log aggregation.
We ensured 24/7 operation for the client, guaranteeing that the platform would always be available to its customers.