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Developing an Innovative Crowdfunding Platform

The client envisioned a platform that would enable businesses to connect with potential and existing lenders using social media channels. It would allows its users to integrate their Facebook, Twitter and LinkedIn accounts into their funding campaigns to reach a broader circle of potential lenders.

Client

The client is a privately held company located in the UK, managed by a group of highly experienced entrepreneurs in finance, risk, due diligence, and technology development focused on ensuring that both company and investor risk is managed effectively.

The Challenge

The client envisioned a platform that would enable businesses to connect with potential and existing lenders using social media channels. It would allows its users to integrate their Facebook, Twitter and LinkedIn accounts into their funding campaigns to reach a broader circle of potential lenders.

First Line’s Solution

First Line put together a dedicated team of software engineers and QA professionals to develop, test and fine-tune the new crowdfunding platform. We provided full-cycle implementation and QA, based on TDD (Test Driven Development) and using XP (eXtreme Programming) practices.

Results

The new crowdfunding platform was successfully delivered and installed into the customer virtual cloud environment. It allows companies to issue loans at flexible borrowing terms. Companies can now borrow at flexible interest rates and repayment terms without the typical excessive banking covenants. Loans can be repaid in cash, products, services and even discounts on products and services.

Integrations: Experian AML checks, FreeAgent accounting service, Twitter, Facebook, LinkedIn, Google+

About Us

First Line Software is a premier provider of custom software development, technology enablement services and value-add consulting in big data engineering, digitalization, intellectual integration, industrial Internet, and IoT, digital media and marketing, and enterprise content management as well as healthcare IT.

Headquartered in the US, First Line employs 500+ staff globally. First Line team and company culture is centered around subject matter expertise, technical excellence, consulting capabilities and proven methodologies, with a strong focus on Agile and Intellectual Integration.

The company has been recognized with multiple annual rankings and awards by the International Association of Outsourcing Professionals (IAOP), Global Services, CorporateLiveWire, Insights Success and CNews. We were the first to be awarded the Scrum Capability Medallion by Scrum, Inc. Most recently, research firm Gartner included FirstLine in their first ever Market Guide for Technology Integrators (2014) and the Cool Vendor in Applications Services 2015 Report. We are active members in Object Management Group and Industrial Internet Consortium. FLS is also an EPiServer Premium Solutions Partner.