How did you select this vendor?
We were researching the market for a long time, using search engines, catalogs, and consulting services in the UK and Lithuania. Because most Fintech Startups nowadays launches in such jurisdictions. In the end, several companies were selected for the final decision.
The criteria were to choose a large company with the resources to launch such a product, additionally, it was important to receive consulting services to build a proper solution according to the last standards and EU regulations. Within all companies, FortySeven was most focused on our project, and it was clear that there is result-oriented company.
Describe the project in detail.
Already on the preparation stage, FortySeven provided us with the high-level vision of the project, with the timeline of the developing stages and engagement steps. After successful legal steps, within 2 weeks dedicated development team was ready.
The project owner and project manager from FortySeven provided us with the technical specification of the projects and described all the technology stack that they will use. After that, all the development process was managed according to agile scrum methodology.
What was the team composition?
There was a project manager and project owner dedicated to our project, all the communication was with them. Only several times we arranged meetings with the development team to better understand project issues and solutions.