Revolutionizing Large-Scale Transaction Management and MSME Banking Solutions
DarkTig’s Proven Expertise in Building Scalable Accounting Systems and Retail Online Banking Platforms for Unmatched Efficiency and Market Reach.
DarkTig’s team has the experience of building massive scale accounting & reconciliation systems. One such system built by the leads in our team handle the accounting and reconciliation of 100 million transactions per day in real time, processing information from various microservices related to taxes, discounts, tolls, commissions, customer payments, payment failures, payment methods, driver weekly payments, and location data. The system manages 15-16 million rides per day, each with 5-6 sub-transactions per ride. Oracle Finnacle was found to be inadequate and costly for these needs.
This system supports the financial reporting to the SEC and the company’s topline figures. The entire financial planning and accounting operations of the ride-hailing company rely on this system. Additionally, city managers utilize the same data engine to manage market conditions in real time. Over the course of a year, petabytes of transactional data are generated, handled by 1000 MySQL servers. The technology stack includes GoLang, Sharded MySQL, Kafka, and Microservices.
M+
Transactions/day
M+
RIDES / DAY
+
Mysql Servers
II. Retail Online Banking - Financial Services & Banking Services for MSMEs
DarkTig’s team has the experience of building Retail Online Banking Platform. This platform service bundles business services by partnering with a bank, capturing a 15% market share in the MSME sector in the UK, with 1 million MSME bank accounts.
Market share
Million+
MSME bank accounts
It offers comprehensive banking and financial services tailored for SMEs, including onboarding (KYC), company bank account opening, banking services payments, accounting, payroll management, card services, ledger maintenance, and UK tax filing.
The system provides integrations for accounting services, tax filing services, and payroll management services. Funds are held by the partner bank, which ensures regulatory compliance.
The service also includes opportunities for upselling and cross-selling various products. The technology stack comprises Java, Spring Boot, MySQL, AWS, and Microservices.
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Java
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Spring Boot
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MySQL
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AWS
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Microservices