The client was looking for a tech partner with substantial experience in fintech and payment platform development. They needed a fresh perspective on the product idea and the app design and a trusted vendor to handle micromanagement and control the project cost.
The original development request was simple: handle bulk payments for a few countries. But things changed fast — the project needed to scale, enabling single payments across 100+ countries.
We also faced the challenge of working in sync with the bank's own API development, which meant building features and finding solutions without seeing their system upfront.
Midway through, two new financial integration partners came into play, adding complexity to an already dynamic setup. Flexibility, adaptability, and speed were key here.
This wasn't a typical project for our firm. PlanetX was a sister product to another client company's fintech initiative, so we needed a flexible approach to manage both simultaneously. We kicked off with a Proof of Concept (PoC) to test the waters, then moved on to the full platform and app implementation.
Transparency was non-negotiable: the client was looped in at every step, from sprint demos to daily check-ins. As the fintech app developed, we took on the Product Owner role, which reflected the level of our involvement in the project.
Our team — backend and frontend development, UI/UX, QA, and project management — was hands-on from day one. The complexity of integrating new partners mid-development didn't slow us down. Instead, it pushed us to think on our feet, fine-tuning the platform to stay ahead of changing requirements.
Focus:
The payment service development, integration with multiple partners, and construction of the overall payout mechanism.
The Rocketech team:
PlanetX is a tool for businesses and individuals to manage international B2B, B2C, C2C, and C2B payouts. The app supports transactions to 100+ countries and provides automatic currency conversions.
PlanetX transformed into an all-in-one international payment platform. It provides key app features, robust security, and regulatory compliance — perfect for business transactions, personal remittances, and payroll management.
Users can execute single or batch payouts, ensuring flexibility and control over their financial operations. The platform supports various currencies and payout methods, making it suitable for diverse business needs.
As a cutting-edge fintech solution, Aleta Planet's platform provides end-to-end tracking of transactions, allowing users to monitor their payments in real time. This transparency fosters trust and ensures peace of mind, knowing where funds are at any given moment.
Built with state-of-the-art security measures, PlanetX ensures that all transactions are safe. The platform and the app are licensed by the Monetary Authority of Singapore (MAS), adhering to stringent regulatory standards to protect users' funds.
Users can choose from multiple channels for sending money, providing flexibility to use the preferred method, whether through bank transfers or popular mobile digital wallets.
The platform's intuitive design allows users to easily fund their digital business accounts, select beneficiaries, and submit necessary information for payouts, streamlining the entire process.
The service supports local currency transactions, helping businesses avoid exchange rate issues and simplifying financial management in target markets in China, India, Malaysia, and Thailand.