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How New Relic Is Helping Bring Purchasing Power to the Masses

Blog post from New Relic

Post Details
Company
Date Published
Author
Kevin Muth
Word Count
1,396
Language
English
Hacker News Points
-
Summary

Access to banking and credit services remains a significant challenge in many parts of the world, with FinTech companies like Cellulant, Banco de Crédito e Inversiones (BCI), and ZestMoney working to address this issue using innovative technology. Cellulant, based in Africa, developed a digital payment platform called Tingg, which became the continent's first super-app, facilitating smoother transactions through AWS cloud solutions and New Relic monitoring. BCI in Chile launched MACH, a prepaid card service operating on a cloud-native platform that rapidly scaled to accommodate millions of users, thanks to effective monitoring and management tools. In India, ZestMoney provides easy credit access through its automated system, supported by AWS and New Relic to ensure an optimized and reliable service for millions of users, including partnerships to extend its reach. All three companies leverage cloud technology and monitoring tools to improve performance, increase customer reach, and enhance the reliability of financial services for underserved populations.