TENX
Finance Web Service
Development service
Web / MobileService
Business niche
Fintech
Time spent on the project
2600 hours
Technologies we used
JS, React, Redux, Django, RestAPI
TenX is the major game changer
As it enables users to spend their blockchain assets through their smartphone or a physical debit card at over 36 million points of acceptance online and offline. The system currently processes about $100,000 of transactions a month. By the end of 2018, it’s targeting $100 million in monthly transactions and a million users.
“TenX raised $80 million with about half to be used to expand operations while the rest will provide liquidity for a cryptocurrency exchange in the works” (с) Dr Julian Hosp, Co-Founder TenX, interview for Bloomberg
Client/Target audience
Users who are interested crypto
Product overview
Product overview
TenX unique feature is that the client doesn’t have to pay forex fees for the cryptocurrency transactions. Owlab team have built wallet web application for TenX system. App allows user to add cryptocurrency wallets and connect them to the Visa credit cards.
Ready to see what we can do for you?
Download caseOur development team
Thanks to the efficient and well-coordinated work of a small team, the development of telegram bots saves the client's resources significantly.
- 1
Project manager
- 1
QA specialist
- 1
Designers
- 1
Mobile developers
- 1
Front-end developers
- 1
Back-end developers
Our approach
Django
This is a Python-based framework for developing web applications with which we created the backend
Python
Python is a high-level, general-purpose programming language with dynamic strong typing and automatic memory management
Java
A class-based, object-oriented programming language that is designed to have as few implementation dependencies as possible.
Swift
Swift is a powerful and intuitive programming language for iOS. Swift code is safe by design, yet also produces software that runs lightning-fast.
Testing
We paid special attention to testing the usability of the solution so that its interface has a minimal learning curve.
Django
This is a Python-based framework for developing web applications with which we created the backend
Python
Python is a high-level, general-purpose programming language with dynamic strong typing and automatic memory management
Java
A class-based, object-oriented programming language that is designed to have as few implementation dependencies as possible.
Swift
Swift is a powerful and intuitive programming language for iOS. Swift code is safe by design, yet also produces software that runs lightning-fast.
Testing
We paid special attention to testing the usability of the solution so that its interface has a minimal learning curve.
Django
This is a Python-based framework for developing web applications with which we created the backend
Python
Python is a high-level, general-purpose programming language with dynamic strong typing and automatic memory management
Java
A class-based, object-oriented programming language that is designed to have as few implementation dependencies as possible.
Swift
Swift is a powerful and intuitive programming language for iOS. Swift code is safe by design, yet also produces software that runs lightning-fast.
Testing
We paid special attention to testing the usability of the solution so that its interface has a minimal learning curve.
Solution overview
Owlab team developed the perfect wallet web application for cryptocurrency exchange system that enables users to add cryptocurrency wallets and connect them to credit cards.
Now operations with cryptocurrencies have become similar to operations in online banking thanks to the Owlab team. This is very convenient and familiar to many users, so when creating TenX, we relied on user experience in the first place.
Need help creating a similar solution?
Write to us right now and we will contact you as soon as possible to discuss your business idea in detail.
FAQ
What is a finance web service?
Such services help users manage their finances, control income and expenses, keep statistics, and make financial transactions.
What are the advantages of blockchain technology in fintech startups?
Blockchain is called a “trustless system”: it does not have the risks associated with trusting an intermediary organization, since an intermediary is not needed. Transactions are made directly, and the information is transparent and reliable. Therefore, the blockchain allows you not to pay for the services of a “third party”.
How do fintech startups make money?
There are several ways to earn money, these can be commissions for transfers, advertising, special premium plans, or other types of monetization that can provide additional benefits (for example, paid reports).
How much does it cost to develop a web service?
Fintech software development is a complex task, often requiring different approaches. From our experience, we can say that the time needs to be calculated for each individual case, because everything depends on the functionality that will be implemented in your startup. Owlab has been developing software for the fintech industry for more than 10 years, so if you have any ideas or developments, feel free to write to us and we will conduct a free consultation for you.
- Head/Development Office