Peercents - fintech app development case study

Industry

Finance

Technologies:

Disciplines:

Timeline

1 year

Website

peercents.com

Customer Background

Peercents is an online financial tracking application. Using Peercents, users can visualize their daily economic progress. It can predict the impact of various financial decisions. Users can compare the effect of their financial decisions on anything from retirement age to investment allocations.

Make data-driven decisions

Understand how risk affects you now and in the future

Independently created and community-focused

A better way to discuss personal finance

Peercents Basics

Map Your Cash Flow

The app then helps the user visualize their progress by plotting an estimated schedule of their cash flow. It can show the results over a lifetime.

Simulate Decisions

Peercents takes in data from the user's investment portfolio and simulates how these investments may perform over a lifetime.

Simulate Statistics

Peercents uses both the cash flow and investment details to formulate a simulation of the user's financial future.

Plotus graphics and statistic screenshot

Challenge Presented

Peercents presented their challenge to COAX. The client's web application was becoming outdated, and it raised several issues:

A simulation’s calculation time was far too long. Each simulation would take up to 15 seconds to finish.
The app did not provide users with a way to communicate with other users. Users would like to discuss the results with other users or create forums for financial discussions.
The overall design had an outdated appearance.

Results Delivered

COAX took the challenge and returned results. From design to development and implementation, we created an entirely new product.

The new app solved and added the following functions and features:

An updated UX design.
Overall simulation and calculation time optimized and became 0.3 seconds per simulation.
New graph charts to visualize the simulation results for the user.
A "User Diary" function that allows for saving notes and results.
Communication capabilities added within the app. Users can post, share, and comment.

Why partner with COAX?

Our main focus is providing successful and exceptional services. We believe in long-term relationships that bring value to both businesses.

We adapt

We adapt to our client’s’ business needs, constantly searching for new ways to fulfil their requirements

Shorter time to go-live

Dedicated and authorized teams deliver on the promised schedule.

Quality services

Our quality strategy is aimed to prevent defects, not just detect them.

Transparency

Our goal is to be a trustworthy partner, operating with honesty and transparency for long-term value

Data-driven decisions

We rely product analytics to make the right data-driven decisions.

Support for full lifecycle

Our team supports you from the stage of ideation, to production

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