KodyPay - scaling a FinTech software development team

About KodyPay

KodyPay was founded in 2018 by a group of final-year high school students in the UK. As of 2022, its co-founders, Yoyo Chang (CEO) and Jack Howell (CDO), have already raised US$6 million.

KodyPay is a point-of-sale (POS) solution that replaces traditional hardware with an app-based platform. It allows businesses to complete standard retail transactions quickly and securely, without the need for bulky equipment. The result is a faster, simpler, and more cost-effective payment process.

The platform is now connecting thousands of customers with venues across the UK every day.

Business Challenge

In-person payments can be difficult for businesses. KodyPay set out to change that by fully integrating the payment ecosystem. Their platform gives customers more control over how they pay, making transactions quicker and more convenient for everyone.

To keep up with this mission, KodyPay needed to strengthen its development process by adding experienced developers. The company chose to integrate new team members with its local staff in Berkshire, England. With support from Pragmatic Coders, KodyPay successfully enhanced its development process and expanded its team with skilled engineers.

Problems KodyPay faced

• Shortage of skilled developers in the UK and high salary expectations in the IT sector
• Limited availability of local fintech developers in Berkshire
• Strict regulations in the financial market

Business solution

After several meetings, we agreed that the best approach was to scale the existing software development team by hiring fintech software developers in Poland. Both sides also decided to expand the team further once the initial development had progressed.