Case Study: ApTap achieves automated subscription detection and smarter budget planning with EVNE Developers

ApTap analyzes 100K transactions in 10 seconds with EVNE Developers

ApTap, a fintech startup, wanted to build a budget planning app that could automatically analyze user transactions to identify and manage recurring subscriptions. Their challenge was to develop a smart algorithm capable of accurately classifying payments and presenting them in an easy-to-analyze way. They engaged EVNE Developers for custom software development to build an MVP that would serve as the foundation for their product.

EVNE Developers built a smart algorithm that analyzes transactions using keywords, payment frequency, and sums to classify subscriptions with varying levels of credibility. Despite an initial setback with Open Banking access, they successfully decoupled the algorithm into a standalone, scalable system using Swagger. The delivered solution could analyze 100,000 transactions in just 10 seconds. This provided ApTap with a core, high-performance product that established the foundation for their startup and allowed them to form partnerships with several banks.

ApTap