Sep 12, 2023
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Mobile bank solution
Completed

Mobile bank solution

$100,000+
more 1 year
Israel
10+
view project
Service categories
Service Lines
Big Data
Cloud Consulting
Software Development
Design
QA and Testing
Domain focus
Banking & Financial Services

Challenge

We4G is one of the leading telecom providers with more than a million subscribers. They asked SENLA to help them transform into a neobank, become a leader in the crowded local telecom market, and create a new value stream by offering secure and easy-to-use banking services to their customers.

Solution

The SENLA team developed a mobile bank system on a turnkey basis, and implemented the following functionality: - the ability to apply for a loan from a bank; - money transfers between bank cards and e-wallets; - P2P money transfers; - NFC and BLE mobile payment options; - Family Wallet; - the ability to pay using a QR code.

Results

As planned, We4G expanded their business and attracted new customers.
 Service adoption reached 84% in the first year since launch. As a result the Client became a neobank for 1+ million customers in 6 months.
As planned, We4G expanded their business and attracted new customers.
 Service adoption reached 84% in the first year since launch. As a result the Client became a neobank for 1+ million customers in 6 months.