Fintech, Regtech
1 year
Switzerland
$8.1M
We spent €25,000–€50,000 (approximately $28,000–$56,000 USD).
5
Opportunity & Challenge
The relationship with Altar.io started at the beginning of our journey when we needed help with product and frontend design. It wasn’t just a matter of building something but also getting help with the user journey. We had backend expertise in-house but not frontend.
Solution
Altar.io worked with us on the frontend of an MVP. The scope was to get not just clickable mock-ups but a working application that integrated with our backend. They developed the frontend using AngularJS and used IBM LoopBack on the backend.
Team Composition
One of their founders was our project manager. We had one point of contact.
Reason for Choosing Altar.io
Altar.io reached us through their content marketing. They had published content on how to create an MVP within a budget. They seemed to have a lot of digital product know-how in terms of shaping the customer journey.
Engagement Status
We worked with Altar.io between January–August 2017.
Results & Feedback
With the MVP developed with Altar.io, we won a pilot project with a global financial institution. The other success story was that we were able to put together a seed round using the MVP. Our further development wouldn’t have been possible without it.
Their process included multiple interviews and an iterative approach with design thinking. They were responsive and proactively warned us about delays. We had daily exchanges during the project phase. We built a relationship of trust quickly, so I never felt that they were charging us too much. Our simple contract, which didn’t go into much detail, was based on trust, and it worked out well. I’d work with them again anytime.
It all comes back to their people and founding team. They’re fantastic at what they do, they’re trustworthy, and they keep their promises, all traits that we highly value. They deliver on their promises and to start projects exceptionally quickly. They put together a delivery team in no time.
Altar.io also helped us establish relationships to form our frontend team in Portugal, which was generous of them.
Everything they provide is good. I don’t think they’re doing more than they promise.
Philip started his journey into tech over two decades ago as a software developer.
In 2004, he moved into financial services, driving financial transformation with some of the most prominent financial institutions in the world, like UBS Financial Services & Appway, part of FNZ – one of the world’s largest growth platforms.
This deep expertise and experience positioned him perfectly to found Apiax in 2017.
Since launch, Apiax has gone from strength to strength, raising millions of dollars and winning a number of startup awards in the process, such as The Early Stage Startup of the Year and The Digital Finance Innovation Award.
