Consumer lending – case study

21.04.2021

A multi-market EU FSA licensed credit provider was looking to expand their business to a completely new market, as implementing their current running legacy architecture to communicate with yet another set of databases would have been a costly affair resulting in a monolithic infrastructure.

The company mostly focuses on consumer credit products and as they are active in several markets, the company had specific requirements for the IT solution – an all-inclusive, off-the-shelf platform which would be customisable and support APIs to fit their current needs. With plans to introduce an array of new products, they were looking for a solution that would make market penetration as simple as possible – without a need to change their legacy IT system.

Bankish made the necessary integrations to registries/databases and established connections with the necessary 3rd party microservice providers within just a couple of months, setting up fully automated credit processes for a successful market entry.