BNPL embedded lending platform
"Thanks to their ability to seamlessly integrate into our existing projects and teams, working with Hotovo's talented IT professionals has been an exceptionally enriching experience for our entire company."
Katharina Mayer, HR Manager
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Credi2 is a leading European fintech company specializing in offering installment-based and BNPL (Buy Now, Pay Later) financing solutions for financial institutions, leveraging its acclaimed Embedded Lending platform.
This advanced embedded Lending-as-a-Service platform empowers banks and credit card providers to swiftly deploy comprehensive digital products catering to consumers, merchants and marketplaces, while reducing operational costs significantly.
When Hotovo entered the scene, Credi2 had already implemented their solutions with their established customer base. As the range and depth of their products and solutions grew, additional support was required to keep up with the demand for new features and improvements. This led to a team of testers from Hotovo joining their multinational scrum team, to contribute to maintaining product quality and actively participate in discussions to enhance the user experience.
Over time, our team was expanded to also include a backend developer – initially as part of a larger backend development team within Credi2, but this was later reduced and our Hotovo developer became the sole developer within this team.
We have contributed to both the backend development and testing phases of Credi2’s BNPL solution, which is actively used by customers to finance premium products. The solution evolved based on the manufacturers’ and product resellers’ requirements, which included backend and frontend development and integration with third parties, all while maintaining compliance with GDPR, local laws and financial regulations.
Understanding these complex requirements was a major part of the backend development process. From adhering to various legal requirements to ensuring accurate financial calculations, excellent communication between the developers and product owners was paramount, which luckily, thanks to Credi2 being such a great client, was an easy task.
The backend development also required communication with third parties, in order to understand the various external processes and software requirements that had to be integrated into the application. Code was developed with readability and maintainability in mind, with a high level of mandatory unit test coverage. All resulting features and code were reviewed by peers and tested in multiple stages.
Our testing efforts consisted of testing the application in multiple stages and deployments, to ensure a high level of quality of any released versions. Our team of testers also participated in defining the test process itself. Subsequent work included understanding any developed features and creating test data, individual test cases and test plans accordingly. Feature testing was performed manually, and when required, we developed automated tests using Java and the Cucumber framework, which were used in the CI/CD process. Reporting on product quality was also a periodic task, as well as defect management and black-box testing.
Additionally, we also collaborated on testing another of Credi2’s products: a revolving credit-line solution. Our responsibilities spanned testing various interfaces, including the customer portal, merchant web portal, admin portal and mobile app. We were actively involved in defining and refining testing processes, analyzing requirements and providing estimations.
Credi2 focuses on streamlining the BNPL process for their customers. The company oversees the complete journey, handling every stage along the way from the initial data entry through the credit scoring and risk evaluation, to the effective contract finalization.
We were happy to be part of this dynamic and exciting journey that ensures an appealing, straightforward, fast and safe purchasing experience for customers, with complex processes unfolding seamlessly behind the scenes.
