Multi-Currency SaaS Lending Service with RTL UI Design

Reinventing digital loan management Arabian style

Client and Business Goal

A Saudi Arabian FinTech enterprise involved in building innovative insurance and lending solutions.

Bound by the Arabia-specific business restrictions, the client’s company was obliged to provide zero-fee loans exclusively. No out-of-the-box solutions to the challenge were marketed, so the firm reached out to outsourced contractors.

The task was to custom-build a highly-automated and slick loan management system able to smoothly fit into their existing quants infrastructure. With excellent mobile engineering and FinTech expertise among the client’s search priorities, AIS Novations had a fair edge, which helped win over the partnership.

Solution

The team handled a full-cycle development of an SaaS platform that streamlines lending workflows for businesses and individuals alike. Comprising 3 applications, the system introduces an integral approach to fund management while generating legitimate low-risk financial support channels.

Capabilities

The admin app allows to control user access, manage lenders and their subscriptions, and keep track of loan repayment.
The client web and mobile apps enable users to manage clients and their loans while tracking their assets performance.
The apps’ dashboards display comprehensive loan stats and allow parameter-based filtering.

Other features

Customized Sharia-compliant finance system logic
RTL (right-to-left) graphic design
Multi-language and multi-currency support
Two-factor authentication security

Tech stack

Node.js
PostgreSQL
React.js

Challenge

Before wrestling with a spaghetti code the client got from their previous underqualified contractor, AIS Novations undertook a thorough business analysis and tech audit.

The team suggested first testing the waters with a web MVP to check the solution’s consistency. The client okayed the idea, and the initiative proved to be a success. AIS Novations built, designed, and drive-tested web and mobile apps alike, which ensured the system’s fault-tolerance and clockwork running through both platforms.

AIS Team

1Business analyst

1UI designer

1Project Manager

1Front-end developer

1Back-end software developer

Client Location: Riyadh, Saudi Arabia

Project Duration: 2 years

Results

From the initial concept of a simple notebook-like app, the project expanded into an exclusive and technically refined large-scale system with wide prospects across the Arabian finance market. AIS Novations team got a perfect chance to grow its engineering muscle with unique Islamic banking and finance expertise while honing the RTL design skills.