Case Study: Advance Intelligence Group builds a full-service digital bank in under 12 months with Vacuumlabs

Advance Intelligence Group builds a full-service bank in under 12 months with Vacuumlabs

Advance Intelligence Group, a leading financial group in Asia, sought to build a new full-service digital bank in the Philippines from the ground up in under twelve months. Their challenge was to democratize access to financial services for a large underbanked population by creating a secure, mobile-first bank with a comprehensive suite of features. They partnered with vendor Vacuumlabs to leverage their expertise in building fintech products and the Thought Machine core banking system.

Vacuumlabs assembled eight squads comprising 90 professionals to lead the end-to-end product, design, and engineering efforts. The solution involved extensive market research, a microservices architecture for scalability, and the integration of over 20 third-party systems. The result was a fully-fledged greenfield bank built in less than a year, featuring a simple and unique customer application that offers the market's fastest onboarding experience and has received positive feedback from focus groups and investors.

Advance Intelligence Group