Implementing Core Banking systems can be a long and challenging process. When a digital bank in Nigeria was struggling to implement open-source Apache Fineract technology with another vendor, the Fiter team saw a clear opportunity
Confident in their experience, Fiter made a bold proposal: "In just 240 hours, we’ll demonstrate our ability to solve your problems, or you won’t have to invest a single cent." It was a race against time, but also a chance to prove their efficiency
240 Hours to Implement Fineract
The challenge was significant, but their strategy was direct. Instead of following the traditional path of lengthy implementations, Fiter set out to launch a new Core Banking system in a record amount of time, building upon the bank’s legacy system. The team’s ability to work efficiently and their deep knowledge of Apache Fineract allowed them to move quickly. In just a couple of months, they achieved the unthinkable: the digital bank had its new platform up and running, ready for large-scale operations.
Team equal to the challenge
The project’s success exceeded all expectations. Today, this bank operates more than 1 billion transactions and serves over 2.7 million customers through the platform. This was not only a gratifying achievement but also demonstrated the true power of Core Banking systems built with open-source technology. The experience allowed Fiter to expand the limits of what they believed was possible, proving the technology’s ability to handle massive volumes and complex banking operations.
The Nigeria project is a testament to the team’s resilience and commitment, showing they are not afraid to take on challenges. This success story is proof that Fiter can deliver high-impact solutions on tight deadlines, and it’s a clear example of how agility and experience can completely transform a business situation.
