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min read

Transforming FinTech: Buildonline's Journey with a $2B+ Transaction Powerhouse

Written by
Martin Gutman
Published on
January 20, 2025

The Call for Change

It began with a simple yet crucial realization: despite their success, our client was standing at a crossroads. Their check scanning technology, once cutting-edge, was showing its age. Technical debt was mounting, threatening to slow their rapid growth. And perhaps most critically, their expanding operations had led to a patchwork of platforms that were struggling to communicate with each other.

These weren't just technical hurdles; they were barriers standing in the way of our client's vision for the future. That's when they turned to Buildonline, seeking not just additional manpower, but a true partner in innovation.

Assembling the Team

Buildonline's response was swift and strategic. We didn't just send engineers; we deployed over 10 specialists, organized into four phased teams, each tasked with tackling a specific aspect of the challenge. This wasn't about throwing bodies at a problem—it was about bringing in the right minds to drive transformation.

Pioneering in the Check Scanning Space

The first team dove headfirst into the world of check scanning. This wasn't just about updating old systems; it was about reimagining what was possible. Our engineers introduced cutting-edge technologies that were previously uncharted territory for our client.

Through intensive knowledge transfer sessions and hands-on development, our team didn't just build a new system—they expanded our client's technological horizons. The result? A check scanning platform that not only met current needs but was poised to evolve with future demands.

Slaying the Tech Debt Dragon

Meanwhile, another team was gearing up for a different kind of battle: the war against technical debt. This wasn't a simple code cleanup; it was a comprehensive overhaul of systems that had been accumulating complexity for years.

Our approach was methodical yet aggressive. We introduced agile methodologies that allowed for rapid iterations and quick wins. Within months, the impact was clear. System performance skyrocketed, and the development team found themselves with something they hadn't had in years: the breathing room to innovate.

Unifying a Fractured Ecosystem

The final piece of the puzzle was perhaps the most challenging: bringing unity to a fragmented platform ecosystem. This wasn't just a technical challenge; it was a logistical and cultural one that touched every part of the organization.

Buildonline's team approached this with a combination of technical expertise and change management finesse. We developed a comprehensive API-first architecture that allowed disparate systems to communicate seamlessly. But more than that, we worked closely with teams across the organization, ensuring that this wasn't just a technical unification, but an operational one.

The Road Ahead

As we look back on this journey, the numbers tell a compelling story. Check processing efficiency up by 40%. Technical debt reduced by 60%. A unified platform that has increased cross-team collaboration by 75%. But the real story isn't in the numbers—it's in the transformation of a company that's now poised to redefine the fintech landscape.

Client Testimonial

Finding a partner to help us scale in a way that’s morale-building to our internal team was especially tough to find. Buildonline has gone above and beyond to function identically to our internal hires as an extension of our team. Everything from learning our systems and product line-up to following our code procedures and methodologies, they have unlocked Tithely’s ability to scale effectively and thoughtfully. We couldn’t operate without them!

And indeed, as Buildonline continues to work hand-in-hand with this fintech leader, one thing is clear: in the world of financial technology, the future belongs to those who are bold enough to reimagine it. With the right partner by your side, that future is closer than you think.