GOStack partnered with Rapido Finance to build a modern, scalable, and secure fintech platform on AWS. The new infrastructure, built on Kubernetes, Amazon RDS, and modern DevOps practices, provided the foundation for Rapido Finance’s lending products, including Luna Card and OK Money, and was a key enabler of their subsequent acquisition by the global technology group, Mintech.
OVERVIEW
Information
- Client: Rapido Finance (Acquired by Mintech)
- Industry: FinTech, Financial Services
- Project Type: Cloud-Native Platform Build, DevOps Transformation
- Services: Amazon EKS, Amazon RDS, Amazon SQS, Amazon SNS, Apache Kafka, FinOps, CI/CD, Infrastructure as Code (IaC), Modernisation
Intro
Rapido Finance was a Spanish fintech company offering a range of consumer lending products, including the popular Luna Card, OK Money, Kyzoo, and Luna Credit brands. To support their rapid growth and deliver a seamless digital experience, they needed a technology platform that was not only scalable and secure but also cost-efficient and agile. Before their acquisition by the global technology group Mintech, Rapido Finance engaged GOStack to design and build their core infrastructure on AWS.
The Challenge
As a growing fintech player, Rapido Finance faced the classic challenge of needing to build a robust, enterprise-grade platform while operating with the speed and agility of a startup. They needed an infrastructure that could:
- Scale On-Demand: Handle unpredictable peaks in customer traffic and transaction volumes without compromising performance.
- Ensure High Security: Meet the stringent security and compliance requirements of the financial services industry to protect sensitive customer data.
- Enable Rapid Innovation: Allow their development teams to build, test, and release new products and features quickly and independently.
- Maintain Cost-Efficiency: Keep infrastructure costs under control through smart architecture choices and financial operations (FinOps) practices.
Our Solution
GOStack designed and built a greenfield platform on AWS, leveraging modern cloud-native technologies and DevOps principles to create a scalable, secure, and cost-efficient foundation for Rapido Finance’s entire product suite.
Containerisation and Orchestration with Kubernetes: The platform was built on Kubernetes (Amazon EKS), providing a powerful and flexible container orchestration layer. This allowed for the efficient deployment, scaling, and management of their microservices-based applications.
Robust Data and Messaging Layers: The data architecture combined Amazon RDS for relational data with asynchronous messaging patterns using Amazon SQS, Amazon SNS, and Apache Kafka. This decoupled architecture ensured high throughput, resilience, and the ability to process high volumes of transactions reliably.
DevOps Transformation and CI/CD: We implemented a full DevOps transformation, establishing automated CI/CD pipelines and managing the entire infrastructure with an Infrastructure as Code (IaC) approach. This enabled developers to deploy code frequently and reliably, with full version control and auditability of all infrastructure changes.
FinOps for Cost Optimisation: From day one, FinOps principles were integrated into the platform design and operations. This involved continuous monitoring of cloud spend, right-sizing resources, and leveraging cost-saving features of AWS to ensure the platform remained highly cost-efficient as it scaled.
Results and Benefits
The modern AWS platform built by GOStack provided Rapido Finance with a critical competitive advantage and was a key factor in their successful acquisition by Mintech.
- Scalable and Resilient Platform: The Kubernetes-based architecture could seamlessly handle high transaction volumes and traffic spikes, ensuring a reliable service for their customers.
- Accelerated Development Lifecycle: The implementation of CI/CD and IaC empowered developers, enabling them to release new features faster and with greater confidence.
- Enhanced Security and Compliance: The platform was built to meet the high security standards of the fintech industry, providing a secure foundation for their lending operations.
- Cost-Efficient Operations: Through proactive FinOps practices, the platform was optimised for cost, allowing Rapido Finance to maximise their return on investment.
Transformation Impact
The robust and scalable AWS platform built by GOStack was instrumental in Rapido Finance’s success. It not only powered their innovative lending products but also provided the technical maturity and stability that made them an attractive acquisition target for Mintech. The platform demonstrated that Rapido Finance had a solid technological foundation capable of supporting future growth and integration into a larger global technology ecosystem. This case study highlights the critical role that modern cloud infrastructure plays in enabling business strategy, from rapid product development to successful M&A outcomes.
About GOStack
GOStack is an AWS Advanced Tier Services Partner specialising in platform modernisation, DevOps, GitOps and data analytics on AWS. We help technology companies build and run modern, scalable and cost-efficient cloud platforms. We also embed the engineering practices that make those platforms sustainable long-term.
Why Partner with Us to Build Your FinTech Platform?
Building a successful fintech platform requires a deep understanding of both technology and the unique demands of the financial services industry. We have extensive experience designing and building secure, scalable, and compliant platforms on AWS for fintech leaders. If you’re ready to build a platform that can power your growth and attract investment, let’s talk. Contact us to architect for success.
