Alloy is an all-in-on-AWS unicorn fintech startup whose global identity decisioning platform helps banks and fintech companies automate their decisions for onboarding, transaction monitoring, and credit underwriting. Alloy combines the use of traditional data sources (such as credit scores) with newer, alternative data sources, such as cash flow data, to provide a complete and more accurate picture of each customer.
Camino Financial is dedicated to helping small businesses grow to reach their potential. Leading with empathy, this family-founded, financial technology platform startup aims to bring affordable credit to under-banked Latinx micro businesses, and empower underrepresented communities to build generational wealth.
Providing innovative technology solutions for some of the world’s leading investors, security is at the heart of everything SigTech does. SigTech offers future-proof quant technologies to global investors. Cloud-hosted and Python-based, the platform integrates a next-gen backtest engine and analytics with curated datasets covering equities, rates, FX, commodities and volatility. Through the use of the deep and rich features provided by AWS services, SigTech has been able to build quant technologies that are operable by their engineering team, can be developed and iterated in an agile way, and meet the security requirements of their customers.
In 2019, Dutch fintech startup Floryn started the process to obtain a PSD2 license to also provide customers with insights into their liquidity management and financial health and simplify the customer experience of requesting a business loan. Here’s how they leveraged AWS to do it.
Empowering more than 500 lenders with a SaaS-based lending technology platform, AllCloud has changed how technology is perceived by banks and non-banking financial institutes by leveraging cloud technology to scale and stay secure and compliant.
Originally starting out as a crypto exchange for the Central-Eastern-European region, Budap were soon facing waves of chargebacks that threatened the business. Unfortunately, by looking around the market we found most legacy companies operating in the risk tech space lacking. They were either prohibitively expensive for an upstart, requiring a long term commitment upfront or the integration process was to be slow and painful, and they often relied on stale data for risk scoring that was not appropriate for certain target markets. SEON was essentially founded to tackle all of these problems.
Credibly, a Michigan-based fintech company, was founded in 2010 to improve the choice, cost, speed, and experience of capital to businesses across the United States. When COVID-19 hit, they quickly created lending solutions for SMBs and soon returned to pre-pandemic efficiency.
Fintech companies like finAPI enable access to and analysis of banking data and thus support banks, financial service providers, insurance companies, and many other software providers to reposition their digital services and create customer-friendly value-added services.
This week on the AWS Security Blog we will be sharing a post for startups and small teams on how they can improve their security in the cloud. We also want to share two customer stories about their journey to achieving a solid security backbone in the cloud. In this post, we hear from Tic:Toc, a fintech startup based in Australia.
German fintech company FlNANZCHECK.de highlights some of the challenges that arise from operating in a regulated world as an organization focused on agility and take a deep dive into three specific regulatory requirements they faced and how they used the technology offered by AWS to help solve each of them.