When liquidity is tight, growth slows down. Revving identified this bottleneck but needed a core banking system that adapted to its vision.
David Mandeno and Chris Pettit approached Fiter with a paradox: digital economy companies handle massive volumes of sales data, yet face serious cash flow constraints due to long payment terms. That’s how Revving was born.
David and Chris believe fintechs should have immediate access to the money they’ve already earned. But gaining control over cash flow is not straightforward. Multiple revenue streams, extended payment terms, and foreign currencies add layers of complexity. Accessing cash flow becomes slow and difficult, limiting growth. That’s where Fiter stepped in.
A core banking system that adapts to your business
To bring their innovative model to life, Revving needed a core banking system that was customizable, user-friendly, and easy to integrate with other platforms. Fiter had exactly what they were looking for. Thanks to Fineract, they were able to minimize the cost of developing their Minimum Viable Product (MVP), speed up their time to market, and gain full customization from day one.
Speed, flexibility, and scalability
Fiter helped Revving get their core banking platform up and running fast, enabling the startup to begin operations and validate their business model early on. The MVP included key functionalities for issuing loans and managing customers. This approach allowed Revving to launch with speed and efficiency. With Fineract, there’s no need for costly licensing fees.
Thanks to this partnership, Revving now provides its clients with a tool that simplifies cash flow management, offers real-time access to earnings, and frees up resources to fuel growth. This story shows that when technology adapts to the client, challenges turn into opportunities, and you can build solutions that truly make a difference.
