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Our custom software development process revolves around an AI-centric approach, enhancing user experiences and delivering highly efficient solutions through advanced artificial intelligence technologies.
Our custom software development process revolves around an AI-centric approach, enhancing user experiences and delivering highly efficient solutions through advanced artificial intelligence technologies.
At Phyniks, we combine AI and creativity to drive innovation. Our tailored solutions yield extraordinary results. Explore our knowledge base for the latest insights, use cases, and case studies. Each resource is designed to fuel your imagination and empower your journey towards technological brilliance.
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Our client's FinTech start-up is revolutionizing the financial landscape for Micro, Small, and Medium Enterprises (MSMEs). By deeply understanding the challenges faced by small vendors in securing traditional financing, they've developed innovative supply chain financing solutions. Their focus is on empowering MSMEs through accessible and flexible financial support with their app and drive positive change in the Indian market.
This SaaS-based solutions not only ensure perfect GTM, they also provide prequalified leads for Supply Chain finance and help businesses scale. This streamlined approach with the necessary steps and financial tools helps MSMEs thrive and grow. By leveraging advanced technologies and a user-centric approach, Capital Setu is not only simplifying financial processes but also contributing to the overall growth and sustainability of the MSME sector in India.
Industry
Finance
Business type
B2B
Technology
AWS, MERN
Country
India
Duration
18 Months
Methodology
Agile
We collaborated to develop a Fintech application software revolutionize B2B transactions for Indian MSMEs. We even integrated multiple third party financial systems to extract CIBIL and other parameters. This Fintech app also features real-time analytics and reporting tools, providing businesses with critical insights to make informed financial decisions. Additionally, we ensured the solution is scalable and secure, ready to accommodate the growing needs of MSMEs across the country.
“We have been associated with Phyniks since a long time and we believe that information technology is one of the key areas to grow exponentially where Phyniks helped us in the best possible way with quality services. Phyniks is one of the best service provider for Software Solutions with best industry leaders. My best wishes to the Phyniks team for future endeavours.”
“We at Batch For Labels would like to express our heartfelt gratitude to team Phyniks for their hard work, dedication, and creativity in delivering an outstanding website that truly represents our upstart. The positive impact it has had on our online presence and user engagement is undeniable. It has become a powerful tool for showcasing our services and driving business growth. You have truly captured the essence of our start-up and translated it into a visually stunning and user-friendly website.”
The project plan centered on empowering a FinTech start-up that aims to revolutionize supply chain finance for India's MSME sector. Key requirements included developing a robust FinTech software solution to revolutionize B2B transactions for Indian MSMEs. This involved delivering a comprehensive Order Management System (OMS) for buyers and vendors, integrating multiple third-party financial systems to extract CIBIL and other parameters, and creating both simple and complex onboarding flows. Additionally, a Credit Assessment System (CAS) and Supply Chain Finance (SCF) solutions were essential components to offer comprehensive financial support.
Challenges included ensuring scalability to handle a growing number of users and transactions, which was addressed with a microservice-based architecture. Understanding financial jargon and interacting with third-party vendors using these terms was a significant challenge. The team had to learn a lot about finance, and the client's assistance was invaluable. Integrating multiple third-party financial APIs required meticulous coordination and extensive testing to ensure seamless operation. Ensuring data security and integrity during financial transactions was crucial, necessitating robust security measures and compliance with industry standards. Building the right team, capable of delivering high-quality results under tight deadlines, and bringing the product to market quickly demanded efficient project management and agile development practices.
Our structured process ensures that every project phase, from ideation to maintenance, is carefully planned and executed to meet the specific needs of our clients. We begin with thorough market analysis and requirement gathering, proceed through detailed development and efficient deployment, and continue with ongoing support and enhancements. Each phase is crafted to deliver a robust, user-centric, and secure solution.
Design intuitive user interfaces and wireframes for the entire FinTech software ecosystem, ensuring seamless navigation and user experience across platforms to promote user engagement and satisfaction.
Develop a robust Order Management System (OMS) that enables vendors to list products and buyers to place orders easily, streamlining procurement processes for efficient supply chain management. Users should seamlessly manage orders and invoices as vendors, dealers, or both.
Implement a seamless onboarding process for business owners, leveraging technology for GST and PAN verification to ensure swift and hassle-free registration for accessing FinTech services.
Engineer an analytics-powered dashboard for credit underwriters to help assess and approve loan requests swiftly, enhancing supply chain financing for better financial management. Integrate intelligent AI to provide deeper insights and more accurate assessments.
Leverage Amazon Web Services (AWS) for robust hosting and deployment to ensure high availability, scalability, and security of the FinTech platform.
Design and implement an applicant assessment system for customer support operations to enhance the efficiency and effectiveness of staffing processes, ensuring the delivery of exceptional client service.
Through innovative fintech solutions, we empower organizations to achieve extraordinary results and stay ahead of the curve. Let's scale your businesses together with these latest technologies.
Discover how our performance metrics highlight the impact of our advanced FinTech solutions, driving significant improvements in financial management and operational efficiency for our clients in the FinTech industry.
early payments already facilitated
microservices to ensure scalability and uninterrupted supply chain finance for MSMEs.
raised in seed funding from RTAF
MSMEs onboarded on the system for financing.
innovate for the future.
started on your journey.
we grow and thrive.
with passion and precision.
vision becomes our mission.
growth driven by technology.
passion, we drive success.
crafts your ideas to life.
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Our client sought to bridge the gap between traditional MBA programs and in-demand skills. We partnered with them to develop eLearning software that empowers learners globally with practical experience.
This project involved developing a Proof-of-Concept or POC system for a leading food company, to improve their supply and demand forecasting for their products. By leveraging Artificial Intelligence (AI) and Machine Learning (ML),
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