Romexsoft has built a skilled and proactive team for SavvyMoney, eager to propose new solutions and hire expertise when needed. It’s a pleasure to work with Romexsoft, and I would highly recommend them.
Pleasanton CA, USA
Fintech, Credit Score
Fintech startup SavvyMoney decided to strengthen its presence on the market and get a new round of investment.
Main objectives to gain this aim were as follows:
- Grow its audience – at that moment it was around 10k users.
- Improve website low performance (80%) and scalability so system could maintain a higher number of users.
- Develop SavvyMoney Pro feature with options of registration, enrolling accounts, proposing payments plans.
- Development of credit product based on SSN and personal users info.
- Feature of suggesting offers for users.
- Integration with other web resources, SSO solution.
At the start of the assignment, Romexsoft provided Rescue Mission service and improved website performance from 80% up to 98% by using REST architecture. This gave an opportunity for the system to maintain big amounts of users without system crashes. At the moment application is running online 24/7.
The rapid traffic growth led to a need of adding resources on Amazon Web Services every time it happened and terminating such resources when the traffic falls in order to reduce costs. By adding an auto-scaling feature we created a cost-effective model reducing man-hours and costs of using Amazon Web Services resources.
Romexsoft team has helped SavvyMoney develop a new product such as SavvyMoney Credit Score which is designed to monitor financial health based on SSO solution for integration with financial business partner software systems. This solution allowed the transition into B2B model targeting on credit union users and creating co-branding pages.
We have enabled the system to suggest loans and credits for refinancing based on user financial data by developing Offer Engine application.
After implementing these improvements an amount of users has increased by 25 times and led to the closing of a Series D funding round.
Key features include:
- credit report card and credit risk score generation;
- personalized loan account;
- custom payoff plan;
- evaluation of debt and expenses relative to user’s income;
- production of personalized recommendations;
- DIY Payoff Newsletter;
- high level of safety and data encryption;
- backup and restore strategies
What Our Clients Say
Partnership and Membership
ZAXID.NET is the first analytical online news portal in Lviv, Ukraine. It mainly provides Lviv and regional news by giving expert opinions and laying the ground for discussion. Except the main news, texts, blogs, it also has a distinct feature – zaxid.net TV, which is a video section that provides news streaming.
TIM is an ad serving platform, offering advertisers and publishers a variety of robust tools to maximize revenues, increase ad ROI and eliminate budget waste – powered by innovative tech solutions and granular data analytics. TIM is a trusted partner of Fortune 500 companies including Nissan, McDonalds, AT&T, Danone, Disqus and other well-known tech and product brands.
SavvyMoney is an online tool that provides users with a free access to their credit score, explains factors impacting it and gives suggestions how it can be improved. The aim of the company is to empower the control of financial health with easy understandable advice about credits and debts, help monitor the credit score according to the interest rates and provide users with more economic options.
OpenMarket is an enterprise web application for managing advertisements on radio stations and creating advertising network on radio broadcast.
News Maker is a high-performance news and media production system designed for TV and radio stations. The unique broadcast workflow automation implemented in the system works for those companies that need file-based content production system. This software was customly designed for internal use by our partner – 24 TV channel.
Home HealthCare Therapy
Home HealthCare Therapy provides software solutions for home therapy staffing companies and therapists contracting with home health agencies. It handles all business and clinical aspects of home health therapy allowing contracting providers to receive patient referrals for medical social work, physical, occupational, and speech therapy.
AWS Cloud Services
For most business being online and being able to ensure that all systems operate smoothly 24/7 is an incremental part of success. Slightest downtime and unaccounted glitches immediately translate to profit and opportunity losses.
Dedicated Development Team
Hire top engineers with required expertise to work exclusively on your software development project. Gain an organic extension of your in-house operations without overheads.
AWS Managed Cloud Services
Romexsoft offers a diverse range of AWS managed services including cost optimization, availability and scalability services, managed security, managed configuration, 24×7 technical support…
Our AWS-certified devops build, automate, containerize, migrate, secure, optimize, make compliant — and create harmony.
Custom Software Development
Bulletproof Java Software built by Oracle Certified Specialists.
Automation Testing Services
Romexsoft’s Test Automation Suite build on top of modern open source frameworks, technologies, tools, libraries, and components.
How to Make a Secure Mobile Banking App?
With the development of the Internet and high-speed computing, banks are starting to leverage modern security measures in order to prevent highly sensitive data of…
IT Outsourcing 2020 Overview & Trends
In today’s time of ever-changing requirements, fast-changing markets and the incredibly rapid pace of life everybody naturally wants to optimize everything. In the current conditions,…
How to Increase The Scalability of a Web Application
Time is money. That's a worn-out expression by now. But think how this influences your product success, especially when it comes to web-based applications. The…
What Does It Take to Develop an Enterprise Web Application?
The modern economy is going more and more digital. New devices and platforms emerge with the speed of light However, web browsers are here to…
Amazon Polly – Text-to-Speech
Amazon Polly is one of the newer add-ons to the AWS cloud services portfolio. Originally, launched in 2016, this Text-to-Speech (TTS) tool recently received a…