Erad - non-dilutive funding and payments in the middle east

Experience the power of non-dilutive funding and accelerated growth in the dynamic landscape of the Middle East with Erad. Their game-changing platform empowers startups by seamlessly connecting their sales, marketing, and banking data with the available 50+ payment and data provider integrations. Within a mere 48 hours, unlock a world of possibilities as you receive a tailored offer that fuels your expansion. And the repayments are flexible based on your sales, so you can focus on growing your startup without worrying about fixed payment plans. But that's not all - their platform also provides a dashboard that includes in-depth analysis and key insights about your business. This knowledge empowers you to make informed decisions and optimise your growth strategies. With Erad as your trusted partner, embrace a future where funding and payments become effortless, propelling your startup towards unparalleled growth.

Project
Project Logo
Project brief

The client reached out to us, seeking an experienced technical team to develop a comprehensive portal that seamlessly integrates with various platforms, enabling businesses to apply for funding. Leveraging information gathered from multiple sources, the portal presents the business with funding offers. Once an offer is accepted, the user gains access to a dashboard displaying relevant information about their business, including active orders, remaining payments, and a history panel with past payment and order details.

To achieve this, we utilised a robust tech stack. The back-end layer was built using PHP, specifically the Symfony framework and API Platform, while PostgreSQL was chosen as the database solution. On the client side, we employed React to create an intuitive user interface. The entire application is hosted on AWS, ensuring scalability, reliability, and security for our client.

In just 3 months, by leveraging our expertise in these technologies and frameworks, we were able to deliver a seamless and efficient funding portal for online businesses, empowering them to navigate the funding process with ease. With the MVP they’ve managed to apply and be accepted in Ycombinator (S22).

Project Brief
The team involved
Product team
Development team
01 / 00
Rosen Hristov

Rosen Hristov

CTO
Mihail Shahov

Mihail Shahov

CEO
Lyubomir Slavov

Lyubomir Slavov

Developer
Martin Georgiev

Martin Georgiev

Developer
Svetoslava Angelova

Svetoslava Angelova

Head of Delivery
Key challenges
Big data management entails sharing massive amounts of data, which must be systematised and kept up to date at all times
Tight deadline - one quarter for completing the MVP
There are innumerable integrations - payment, data, connectors,and a loan management system
Key achievements
MVP delivered in 3 months and for 1 more month additional requirements were developed on top of the MVP
The first Saudi-headquartered startup to be accepted into Y Combinator
50+ payment and data provider integrations all synced in Snowflake
RootFi integration for loan management system (LMS)
Budget
100 000 - 200 000€
Timeframe
4 months
Industry
Fintech
Technologies We Use
Frameworks:
Databases:
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AWS tools & technologies:
Containers orchestration:
Monitoring:
UX/UI design:
Other technologies and tools:
Technologies We Use
OUR PROCESS
    Discovery phaseDiscovery phaseDiscovery phase
    Discovery phase
    DISCOVERY PHASE
    UX/UI DesignUX/UI DesignUX/UI Design
    UX/UI Design
    UX/UI DESIGN
    DevelopmentDevelopmentDevelopment
    Development
    DEVELOPMENT
    Quality assuranceQuality assuranceQuality assurance
    Quality assurance
    QUALITY ASSURANCE
    UATUATUAT
    UAT
    UAT
    Bug FixingBug FixingBug Fixing
    Bug Fixing
    BUG FIXING
    DocumentationDocumentationDocumentation
    Documentation
    DOCUMENTATION
    LaunchLaunchLaunch
    Launch
    LAUNCH
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    Svetoslava Angelova

    Svetoslava Angelova

    Head of Delivery

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