Building the Future of Embedded Finance for Global Impact
Celcoin is a leader in embedded finance solutions and one of the largest references in open finance in Brazil, pioneering Banking as a Service (BaaS) since 2016.
Celcoin connects businesses across industries to financial market opportunities with modular, tailored solutions. They needed to modernize their core BaaS system to meet technological advances and market demands.
The Challenge
As a pioneer in Banking as a Service, Celcoin needed to continuously evolve its platform to maintain its market leadership and meet growing client demands.
Key challenges included:
- Modernizing the core BaaS system to meet technological advances
- Scaling infrastructure to support growing transaction volumes
- Maintaining position as a BaaS pioneer while expanding capabilities
- Meeting diverse client needs from digital banks to fintechs
Our Approach
Luby delivered a comprehensive modernization strategy combining assessment, application development, and talent augmentation.
Assessment & Restructuring
Thorough evaluation of existing software and modernization of BaaS applications and banking infrastructure.
New Applications
Developed API for webhook management, TED transaction processing applications, and enhanced portal menus for improved onboarding.
Talent Outsourcing
Provided back-end developers who integrated seamlessly with internal teams, with Luby managing ongoing oversight.
Results
Clients Including Digital Banks & Fintechs
Monthly Transaction Volume
Monthly Transactions Processed