Tag: FinTech

From unanticipated service failures to load-related performance degradations, infrastructure event readiness planning is critical for handling seasonal traffic spikes gracefully and dynamically. Without proper preparation, your best sales day could become your last. Gain insights into how Elaine Arbaugh, Senior Software Engineer and SRE tech lead, at fintech startup Affirm managed the massive influx of activity during the 2018 Thanksgiving and Cyber Monday shopping weekend by building a scale-up, fault tolerant, database system that was able to handle 5x a normal day’s scale.

Join us for an inside look into FinTech startups building on AWS! We will be joined by some startups from the financial industry, including Betterment and Even Financial, to discuss how they got their start, their company missions, and how Amazon Web Services helped them accomplish their architectural goals.

Founded in Berlin in 2016, Elinvar offers an e-commerce model that combines business to business (B2B) and business to consumer (B2C).

Founded in 2013, Arkose Labs offers an array of tools to help enterprises protect themselves against fraudulent activity.

As some economies develop, small businesses that also develop and grow can sometimes be left out in the rain when searching for capital. Banks frequently look for collateral to be posted with loans, which can be difficult for smaller companies. This gap in offering is exactly where many startups are flourishing via assessing companies credit statuses through atypical methods or data, and providing financing to the previously underserved. Konfío, a fintech startup founded in 2013, does just that for micro-businesses throughout Latin America.

For OakNorth, tech and banking truly go hand-in-hand. Its data and technology platform, OakNorth Analytical Intelligence (ONAI), allows it to do balance sheet lending via OakNorth Bank in the UK, profitably originating over £2 billion without a single default or late payment since its launch in September 2015.

Almost every engineer that starts at Brex asks, “Why are we using Elixir?” It’s a question with an interesting answer, and one that we thought a lot about before we even began building Brex.

Like many startups today, Nummo was born in the cloud and given our industry and our future goals, we wouldn’t compromise any other aspects of our offering. People needed to feel their data is secure when using Nummo.

LendUp builds technology, credit products and educational experiences for the 56% of the US population who are shut out of, or mistreated by, mainstream banking because of poor credit or income volatility. We want to provide anyone with a path to better financial health.

Learn more details about how TransferWise, OakNorth, Funding Circle and Monzo all leverage the benefits of the AWS cloud.