Team augmentation for a startup building an eWallet for families
A Northern European fintech startup founded by a former banking customer success manager. The founder identified a core challenge: parents lacked effective tools to monitor and guide their children's spending. Traditional bank cards fell short because young users struggle with financial prioritization. The solution was an innovative eWallet ecosystem that seamlessly links a child's account to a parent's for real-time oversight and financial management.
The startup had already initiated the eWallet development but needed to rapidly accelerate their time-to-market. They sought to augment their internal team with two highly proficient mobile developers (iOS and Android) possessing specialized FinTech experience. The primary goal was to integrate reliable, top-tier talent to ramp up production capacity without compromising on quality.
The eWallet aims to facilitate financial operations for families by enabling all members to get connected to one account. It’s quite a widespread approach nowadays that both parents in the household are working. They have to pay bills, prioritize expenses, give the children pocket money, pay for their classes, etc. Parents also need to keep track of the purchases to file their tax returns and save money for leisure and vacations.
The biggest challenge was working in different time zones. Thanks to SoluLab's customer-centric approach, we were able to easily solve this issue. Our mobile app developers were given individual work schedules that matched the time zone of the client’s in-house team.
Developing a fintech app that will be used by both adults and children imposes certain obligations and constraints on the development team. It is imperative to ensure that the solution complies with all regulations that affect children’s online privacy. Our engineers had never dealt with fintech apps for children before, so it was a bit of a challenge for them to deal with the regulatory details given the specifics of the application.
A streamlined, transparent, and agile integration process designed to accelerate development and empower the client's existing operations.
Following initial inquiries, we provided highly vetted candidate profiles. After collaborative interviews, the client selected a perfect match: a senior iOS developer and a mid-level Android developer, initiating work immediately after signing the NDA.
We guarantee excellence because SoluLab’s hiring process rigorously evaluates technical proficiency, soft skills, communication, and logical reasoning, ensuring deep expertise in FinTech and eWallet architectures.
In less than a week, our experts integrated with the client's existing in-house team—comprising backend engineers, designers, QA, and leadership—focusing on bridging the existing backend with the new mobile interfaces.
Our developers quickly elevated overall team velocity. They seamlessly adapted to the client's agile environment, actively participating in weekly backlog grooming and bi-weekly sprint syncs to conquer current challenges.
In just five months of full dedication, our developers delivered significant added value. Both the iOS and Android eWallet applications were successfully developed, finalized, and prepared for launch on the App Store and Google Play.
The client highly commended our engineering quality and appreciated the efficiency of our team augmentation model, which completely relieved them of administrative burdens like payroll, benefits, and coaching.
