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.Read More
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.Read More
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.Read More
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.Read More
LoanStreet is the first fully-integrated, online platform that streamlines the process of sharing, managing, and originating loans for credit unions, banks, and direct lenders. Many of LoanStreet’s clients lend to small businesses and individuals, those most in need of funding from the Paycheck Protection Program (PPP) and unable to snag a piece of the initial $310bil.
Their clients were relying on them to get their loans funded. The only catch: a hard deadline of one week. Here’s how they did it.
FinBox is a comprehensive digital lending platform with a focus on underwriting using alternative data. For one of FinBox’s products DeviceConnect, they provide a credit score based on enriched mobile device data for customers. At the time of writing this article, they were scoring close to a million customers per month and ingesting close to 80 GB of new data every day. DeviceConnect makes heavy use of Amazon DynamoDB. Here are the lessons they learned after using DynamoDB in the product for the last year.Read More
The team at Alpha Health has developed new approaches and built technology from the ground up that is purpose-built to automate revenue cycle operations for healthcare. They call their solution Unified Automation, and they built it on Amazon Web Services (AWS) for a number of reasons. Varun Ganapathi, co-founder and CTO of Alpha Health, tells us more.Read More
BlueVine started its journey with AWS back in 2013 and since then has rapidly adopted more managed services as it grew and most recently using Amazon Textract to create and develop and deliver high scale, resilience, E2E solution that allows small businesses in the US to get access to Paycheck Protection Program (PPP) loans as part of the COVID-19 relief to its small business customers.Read More
Chris Burrell, Head of Tech at Landbay explains how the startup used AWS and the power of Amazon Redshift and AWS Glue to adapt quickly during the COVID-19 pandemic to ensure they adhered to government guidelines for mortgage payment holidays.Read More