Business Challenge
Traditional lending models often exclude individuals without strong credit histories or collateral. At the same time, small-scale investors struggle to find reliable ways to diversify capital. The company wanted to:
- Launch a mobile-first P2P lending app that would match borrowers with multiple individual investors.
- Support both full loan funding and crowdlending (multiple investors funding one loan).
- Enable secure, real-time communication and bidding on loan requests.
- Ensure KYC compliance, secure data management, and a seamless in-app experience for both lenders and borrowers.
Solution
The client’s primary objective was to develop a mobile-first platform enabling individuals to request loans and receive funding from one or multiple private investors. The solution needed to accommodate two core workflows: borrowers submitting loan applications with supporting documentation, and investors browsing, evaluating, and financing those loans either partially or in full.
To support this, we implemented a smart matching mechanism that aligns borrower requests with suitable investors based on loan amount, risk profile, and category. For borrowers, the application provides a streamlined experience for completing identity verification, submitting applications, and monitoring funding progress. For investors, it offers tools to track individual contributions, repayment schedules, and the performance of their broader investment portfolios.
The platform facilitates real-time communication between both parties, automates status notifications, and manages repayment tracking. Compliance requirements such as KYC procedures and activity logging are fully integrated. With all operations conducted within the app, the client is able to retain complete oversight of the lending lifecycle — from user onboarding to loan fulfillment and closure.
Project Stages
Discovery & Planning: Identified essential borrower and investor workflows, and regulatory requirements for digital lending.
UX/UI Design: Created a modern, trustworthy interface with accessible navigation for all financial literacy levels.
Development: Built the backend using Django and PostgreSQL, integrated payment logic and KYC checks.
Testing & Launch: Piloted the app with early users, refined onboarding flows, and scaled for app store launch.
Business Outcomes
- Launched in 2 app stores with 5,000+ downloads in the first 30 days
- Funded over $1.2M in peer-to-peer loans in the first 6 months
- Enabled 70% of loans through crowdlending, supporting financial inclusion
- Achieved full compliance with local KYC/AML regulations
- 80% lender retention rate, with positive feedback on transparency and ROI control
Technologies Used
To create a secure, real-time, and scalable mobile investment platform, we used:
- Flutter: Delivered a consistent, native-like experience across iOS and Android from a single codebase.
- Django: Enabled fast development of a secure, scalable backend with built-in admin tools.
- PostgreSQL: Managed data on users, loan requests, repayments, and investment histories.
- WebSockets: Powered real-time updates and dynamic investment progress tracking.
- OAuth 2.0: Ensured secure login and integration with third-party identity verification services.
These tools helped us create a reliable, intuitive financial platform ready for regulation and scale.
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