Case Study: a large online bank achieves all-in-one personal finance management with Andersen

a largest online bank in the region grows client base 5x with Andersen

The customer, the largest online bank in the region, tasked Andersen with building a unique mobile banking application that would combine digital banking capabilities with a platform for digital investments. Their goal was to create an all-in-one personal finance tool to simplify and bring transparency to personal finance management for their users.

Andersen developed a comprehensive mobile application using Golang, Swift, Java, React, and AWS. The solution integrated payments, multi-currency accounts, spending reports, and the ability to invest in stocks, ETFs, and cryptocurrencies. As a result, the bank saw a fivefold growth in its client base to 500,000 users within a year and generated 25 times more revenue, while also raising €200 million in investments.