a best-in-class UK digital wealth management application
10kUK customers after a year of operation
3simple steps to start investing
3rdlargest automated investment fin-tech
problems to solve
Moneyfarm is one of the largest online investment and digital wealth management companies in Europe. They provide solutions and support to protect and increase your wealth through time which boils down to three key services, namely General investments, Stocks & Shares ISA, Pension.
The Client reached out to Merixstudio with a need for experienced React developers that could serve as a supportive team extension in order to increase the velocity of their internal team and enrich the skillset. The key challenge for Merixstudio was to smoothly and quickly align themselves with the existing team and codebase in order to quickly contribute to the key milestones, namely unifying the onboarding process and redesigning the existing dashboard.
Moneyfarm’s mission is to give their customers the best solutions and support to protect and grow their wealth through time. They believe that everyone should be able to protect, promote and pursue his/ her wealth, without having to worry about it. We were very happy to help them in spreading this mission and bringing value to the customers.
There have been over 9-months of close cooperation between Moneyfarm and Merixstudio’s React development team. We kicked off the project with a few day onboarding processes in their London headquarters where we had a chance to meet the team in person and learn the project’s specifics.
We followed agile management using “Quarterfall” model i.e. planning in 3-month blocks where OKRs were derived from work prioritised for the quarter. The team incorporated Scrum that served as a framework for delivery and employed its ceremonies that facilitated the development.
signing up by a few steps covering personal details, anti-money laundering checks, investor profile questionnaire, customer verification
investment and trading
buying and selling stocks; reviewing portfolio metrics and performance
suggesting a portfolio’s model based on customers’ investor profile, time horizon, investment amount, and risk appetite
reporting and billing
an overview of customer’s billing and invoicing as well as the reports (e.g. account statements)