New consumer lending platform built and launched in under two months
Skopos Financial pivoted from auto lending to consumer lending in early 2020, expanding their addressable market from 3,000 dealers to 200 million consumers overnight. Presidio designed, built, tested, and deployed Springlight Financial in under two months.
THE OUTCOME
Skopos Financial pivoted from auto lending to consumer lending in early 2020, expanding their addressable market from 3,000 dealers to 200 million consumers overnight. They needed a secure, scalable loan application platform built from scratch, with no revenue coming in until launch day. Presidio designed, built, tested, and deployed Springlight Financial in under two months.
HOW THEY GOT THERE
Presidio ran a comprehensive security review before writing a line of code. The platform was built on Spring Boot microservices with Spring Security and Keycloak for identity management. A redesigned API gateway managed integration complexity. A hybrid on- and offshore delivery model provided 24/7 development and security review coverage, compressing timelines. Presidio stayed 30 days post-launch for hypercare support.
WHY IT WORKED
Every day Springlight wasn’t live was a day of expenses without revenue. Presidio treated the launch deadline as non-negotiable and staffed accordingly. The more durable outcome: the agile development practices and DevOps principles Presidio demonstrated became the foundation for how Skopos builds software going forward.
“Presidio was fast moving and more responsive than any other vendor experience. Delivery exceeded expectations. We have learned a lot from Presidio’s Digital Business Services team in API, AppDev, and DevOps. We love their processes and approach.”