Finova Banking Platform

The platform is built on Node.js (NestJS) with a microservices architecture using gRPC for inter-service communication and REST for public APIs. The frontend is React, and the data layer combines PostgreSQL with row-level security for multi-tenant isolation and Redis for session management, rate limiting, and exchange rate caching. Event sourcing is used for the transaction ledger, ensuring full auditability. The infrastructure runs on AWS with multi-AZ deployment and encryption at rest.

Operating under banking regulations in three European jurisdictions simultaneously was the core challenge — each has specific requirements for PSD2 compliance, strong customer authentication, and data residency. Building the AML/KYC pipeline with automated document verification, OCR, and liveness checks while keeping false-positive rates manageable required extensive tuning. Integrating with two different core banking system providers, each with their own proprietary protocols, added significant complexity to the payment processing layer.

The core banking functionality — multi-currency accounts, transfers, and the admin dashboard — was delivered in 10 months. The automated KYC pipeline and regulatory compliance modules required an additional 4 months of development and certification. Card issuance integration and the white-label capability were added in a subsequent phase. Overall, the first public launch took approximately 14 months from project start.

Finova onboarded over 150,000 users within its first 18 months. The platform processes an average of 45,000 transactions per day with 99.95% uptime. The automated KYC pipeline reduced manual review time by 70%, significantly lowering customer onboarding costs. The system passed regulatory audits in all three jurisdictions without findings, confirming full compliance with PSD2 and AML regulations.

Yes. The Finova architecture is designed for regulatory flexibility — we can adapt it to your target jurisdictions and specific licensing requirements, whether you need an e-money license, payment institution license, or full banking license. The white-label capability means the platform can be deployed under your own branding. We handle the technical integration with core banking providers, card issuers, and KYC vendors, so you can focus on product and distribution.