• A better way to build FinTech products for the new decade!
    Insanity is defined as doing the same thing over and over and expecting a different outcome. This adage most certainly applies to FinTechs. The old way – building internally is costly, slow and buggy Costly – 40% or more of your budget is wasted building and supporting undifferentiated components like authentication, Know-Your-Customer (KYC), ACH payments, … Read more
  • Productfy Joins the Dwolla Partner Ecosystem
    New partnership simplifies adding payment functionality to a financial application. Financial technology company Dwolla, Inc. is partnering with Productfy, Inc. to make ACH payments available for the financial applications being built on Productfy’s platform. With options to add features like compliance checks, account verification, card issuance and now ACH payments, Productfy provides an out-of-the-box solution for building a financial … Read more
  • Why FinTech Applications Are So Costly and Slow to Build
    A Painful $26.5M Lesson Six years ago, I had the opportunity to lead the engineering team building the reconciliation and operations backend for a broker-dealer. The founders envisioned Motif Investing, a $125M VC-backed retail trading platform for the masses; the Robinhood of our time. In late 2012, after raising over $25M and 2½ years of … Read more