Discuss your projectLedgers that reconcile against every partner, compliance workflows that produce evidence, and back-office tools a small team can run. Licensed partners hold the funds and licenses, and the product ships with the controls their due diligence asks about.
Illustration of a fintech platform built by Baybloom: a banking partner, a compliance provider, and the company’s own ledger reconciled, with partner and compliance exceptions in a queue.
Founders, product leaders, and CTOs at fintech companies, at companies adding embedded-finance features to their products, and at financial businesses building software: payments, lending, savings, expense, treasury, or wealth products. Licensed partners hold the funds and licenses; we build the product, the ledger, the integrations, and the operations around them.
The workflow
The steps we see most often in this kind of operation.
What we build
Double-entry ledgers that record every movement and reconcile against partner banks, processors, and card programs, giving finance a record it can trust.
Invoicing, subscriptions, marketplace payouts, and embedded payments built around licensed processors that hold the card data and move the funds.
Origination, underwriting workflow, and servicing tools that apply your written credit policy and pull data from licensed bureaus and verification providers.
Onboarding, screening, case management, and periodic review workflows running checks through licensed providers, with evidence ready for partners and auditors.
Web and mobile products for accounts, cards, and payments, built on the same ledger, permissions, and controls as the back office.
Tools for funding, fee accounting, partner settlements, and management reporting, so a small finance team can run growing volume.
Your first release
How the work runs
We start with the people doing the work and the systems around it, then write down the first release: what it includes, what it leaves for later, the integration decisions, and the acceptance criteria. Nothing is built until that scope is agreed.
We build in releases you can review as the work takes shape, using realistic data. Every release carries tests, a security review, and documentation. Integrations are tested against real records, with exceptions visible.
Your team receives the documentation, the runbooks, and the training to run the system, and we stay on for continued engineering when you want it.
Scope and price
Every project is priced from a written scope. These are the factors that move it most.
Which licensed partners are involved, and what their programs and your compliance advisers require, shapes controls, documentation, and back-office work from the start.
Each banking, card, processor, or data partner and each money-movement flow adds integration, ledger rules, and reconciliation to design and test.
Building a first product differs from rebuilding a prototype with live customers, which adds migration, parallel running, and reconciliation of existing balances.
The size of the operations team and the volume of support, disputes, and compliance cases determine how much back-office tooling the first release needs.
Expense management fintech
An expense card product can reach customers while balances still come from the issuing partner’s API, and a partner review then asks for a ledger, reconciliation, and evidence of controls. For a fintech in that position, a first release adds the ledger with every movement recorded, reconciliation against the partner with differences listed, and compliance onboarding through providers with a case queue. Access control, audit trails, and data handling are documented for due diligence. The customer app and further partners then build on the same ledger.
Questions
What leaders in this industry ask us first.
No. Licensed partners do. We build the product, the ledger, the integrations, and the operations software around them.
The first release includes the controls partners ask about and the documentation to show them. Certifications are a separate decision we can prepare you for.
Yes. For an existing product we work to your standards and review process; for a new one we build on a mainstream stack you can hire for.
Usually we start with the ledger and reconciliation, because everything a partner, an auditor, or a finance team asks for depends on them.
Security is designed in from the first release: access control by role, secrets management, encryption, audit trails, and monitoring, with changes reviewed before release. The controls and their evidence are documented for partner reviews, and your compliance advisers set the requirements they must meet.
Yes. Customer records and balances are moved into the new ledger and reconciled against the partner before any customer switches. We plan the move with the partner and your operations team, run old and new side by side where needed, and keep every movement traceable throughout.
A ledger product can be a sound choice when its model fits your flows and your partners accept it. Building makes sense when the product’s money movements, fees, or reporting are specific to the business. We assess both against your requirements and recommend a route before anything is built.