Tag: FinTech

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!

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.

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.

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.

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.

Flywire aims to ensure high-value international payments go through fast and friction free—both for individuals and for institutions. To do this, the startup has turned to AWS Fargate to enable its engineering team to develop in a diversity of environments.

The $45 trillion US fixed income bonds outstanding market is a fundamental part of the broader capital markets and underpins economic activity nationwide, but it’s surprisingly inefficient. Access to capital is limited to big players, leaving smaller municipalities to fend for themselves, until now. Alpha Ledger, a new startup out of Washington state, is set to upend the market using an Amazon Managed Blockchain-based platform.