Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Finance meets Technology: Building a FinTech Startup

16,131 views

Published on

Success stories aren’t born overnight, success comes with hours of hard team work, persistence, and innovative ideas. During my speech, I will share our experience of building Mintos, the Top 3 peer to peer lending marketplace in Continental Europe.

Published in: Technology
  • I essentially started about a month and a 1/2 agone and i have gotten a couple of test for a whole of $2,200...this is the bestcall I made amidst pretty some time! "grateful to you for giving Maine this incredible possibility to profit from home. This similarly cash has changed my existence in such an excellent measure of courses, to the point that, bypass on you!".......GOOD LUCK Click this Below connect HERE☛...........................www.green.jobs67.com
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here
  • like brendA responded i'm shocked thAt A stAy At home mom Able to eArn $7047 in one nth on the computer. hAve you reAd this web sit­e HERE☛.......www.tipsmob.com
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here
  • if you think kenneth`s story is impressive,, 2 weAks-Ago my sister's boyfriend Also got A cheque for $5532 sitting there thirteen hours A week from their ApArtment And their roomAte's mother-in-lAw`s neighbour hAs done this for 8-months And mAde over $5532 in their sp......................www.payshd .com
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here
  • e work with facebook Im making over $2000 a month operating low maint­enance. I continued h­leearing distinctive people divulge to me how an lousy lot cash they can make on line so I sected to research it. All topics considered, it become all legitimate and has without a doubt changed my life. My real tim r more statistics visit below site here...............www.tipsmob.com
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here
  • like brendA responded i'm shocked thAt A stAy At home mom Able to eArn $7047 in one nth on the computer. hAve you reAd this web sit­e HERE☛.......www.tipsmob.com
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here

Finance meets Technology: Building a FinTech Startup

  1. 1. FINANCE MEETS TECHNOLOGY BUILDING A FINTECH STARTUP
  2. 2. whoami? Mārtiņš Eglītis CTO @ Mintos, www.mintos. com
  3. 3. Why Mintos ● Made in Latvia ● Operating in whole Europe ● ~20 employees (about a half in IT)
  4. 4. Agenda ● Business idea and challenges ● Technological challenges
  5. 5. Mintos is a peer-to-peer lending marketplace
  6. 6. Sharing Economy
  7. 7. Mintos Presence ● 9000 investors from 40 countries ○ Currently mainly retail ○ Some institutional investors ● 12 loan originators from 6 countries
  8. 8. Mintos Presence ● Loan products ○ Business loans ○ Mortgage loans ○ Personal loans ○ Secured car loans ○ Secured business loans ○ Invoice financing loans ○ Agricultural loans
  9. 9. Strong early traction Total loans funded (cumulative) 48M EUR 200K EUR 3M EUR
  10. 10. Mintos closes 2 million euro seed funding round
  11. 11. First business model ● All loans are secured by real estate and issued by Mintos ● Latvia first, then new countries would be added ● Marketing activities to attract borrowers
  12. 12. Traditional p2p lending
  13. 13. Marketplace model
  14. 14. Technology challenges ● Moving from MVP to IS ○ Maintenance (monitoring, infrastructure) ○ Quality assurance ○ Deployments
  15. 15. Standards ● “Finanšu un kapitāla tirgus dalībnieku informācijas sistēmu drošības normatīvie noteikumi” ● OWASP Testing Guide
  16. 16. QA
  17. 17. QA
  18. 18. QA
  19. 19. Selenium IDE
  20. 20. Scrum vs
  21. 21. Takeaways 1 ● Business model isn’t static ● Fintech is full of opportunities to change market segments
  22. 22. Takeaways 2 ● Automatic QA is easy to start ● Don’t overcomplicate development processes ● Monitor everything
  23. 23. Thank you! BTW We are hiring! https://www.mintos.com

×