Aug 26, 2026
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Amtel: Developing the MyCash MFS Platform
Completed

Amtel: Developing the MyCash MFS Platform

$10,000+
more 1 year
Somalia
10+
view project
Service categories
Service Lines
Mobile Development
Domain focus
Banking & Financial Services

Challenge

The technical requirements were extremely demanding, as a national financial platform could not afford errors or transaction failures. The architecture needed to support complex, multi-tiered agent commissions while handling thousands of concurrent P2P transfers. The key challenge was preventing data collisions and duplicate transactions during periods of heavy traffic. Maintaining complete data integrity while meeting strict regulatory compliance meant moving beyond conventional database architectures.

Solution

To address these challenges, a team of 26+ Vivasoft experts built a fully event-driven financial ecosystem from the ground up. The solution included:

  • CQRS and Event Sourcing: Using Java, Spring Boot, and the Axon framework, we ensured every financial operation was captured as an immutable and instantly auditable state change.
  • Asynchronous Processing: By integrating Apache Kafka and Redis, we separated read and write operations, enabling the system to handle high data volumes without performance bottlenecks.
  • Domain-Driven Design: We designed the backend to effectively manage complex financial rules and agent hierarchies while maintaining high performance.

Results

Today, MyCash stands as a leading fintech platform in the region, effortlessly handling peak loads of 100 transactions per second with zero latency. The immutable ledger architecture has delivered 100% financial accuracy with zero data discrepancies, strengthening reliability and building lasting user trust.