Tag: FinTech

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.

Fintech startup CRED walks through how they strengthened security and monitoring over their public VPN instance, which was kept in the public VPC, keeping an ever-watchful eye out for unusual traffic patterns or content that could signify a network intrusion using AWS VPC Traffic Mirroring and a network intrusion detection system.

CloudZero is a Boston-based cost intelligence platform that helps companies determine how best to invest in their cloud infrastructure. Founded in 2016, the startup uses machine learning to produce up-to-date cost insights, allowing engineers to make informed decisions in real-time when launching new products and features. With such a business, it makes sense that CloudZero has been closely tied in with AWS since the startup was founded.

Here’s how to maximize AWS re:Invent 2020 as a fintech startup.

Based in Spain, fintech startup MONEI was founded in 2019 and recently won AWS’s Startup Architecture Challenge: Iberia, which comes with a prize of $25,000 in AWS credits. In its winning submission, MONEI’s CTO Dmitriy Nevzorov highlighted how building a 100% serverless architecture using AWS formed a central part of the company’s strategy, allowing it to focus on reliability and scalability and provide low-cost solutions to its customers.

येLo (Yelo Bank), which was founded in 2019 and started building its banking platform in January 2020, recently won AWS’s Startup Architecture Challenge program in India, which comes with a prize of $25,000 in AWS credits. In its winning submission, येLo co-founder and CTO Nishant Chandra highlighted how building the neo-banking stack using AWS gave the startup a simple, elegant, and secure architecture.

Belvo is on a mission to turn the complex financial ecosystem throughout LATAM into an easily accessible API. The year-old startup was co-founded by Pablo Viguera and Oriol Tintoré who met each other at Verse, which is Europe’s version of Venmo. Oriol, a former NASA aerospace engineer and founder of Capella Space, found his way into digital banking while getting his MBA at Stanford.

Bond markets are huge, far larger than stock markets, with over eight million securities in contrast with only six hundred thousand stocks. They are also far more complex than equities. Minimum investment of $200,000 for most popular bonds means most non-institutional investors cannot invest in bond markets! That’s where fintech and blockchain startup BondEvalue comes in.

The new website for fintech startups building on AWS is here!