Case study FinTech Startup Chapa: Raised USD $2.6 Million on its platform built in 3 months

Chapa, a payment gateway solution provider for merchants and entrepreneurs, recently faced a challenge to build two crowdfunding platforms within a tight deadline of three months. These platforms were aimed to support the Ethiopian government’s initiatives to raise funds for the construction of the Grand Ethiopian Renaissance Dam and to assist internally displaced families in Ethiopia.

The primary challenge for Chapa was to build both platforms quickly while ensuring they were secure, scalable, and highly available, while adhering to industry standards and regulations. Additionally, the platform had to be cost-effective and leverage cloud services that would provide the necessary infrastructure and security features, without compromising the availability of their services or requiring significant resources to manage.

To tackle this challenge, Chapa turned to Amazon Web Services (AWS) for its extensive range of services and features that would address their requirements. However, with limited in-house cloud computing expertise, Chapa sought the guidance of CC Tech Consulting, an AWS Premier Consulting Partner, to help them build and launch the platforms on AWS.

CC Tech Consulting worked closely with Chapa to design and implement the AWS infrastructure, ensuring that it met all the necessary security, scalability, and regulatory requirements. They provided guidance on the use of various AWS services, including Amazon Elastic Compute Cloud (EC2), Amazon Relational Database Service (RDS), Amazon Simple Storage Service (S3), and Amazon CloudFront.

By leveraging AWS and working with CC Tech Consulting, Chapa was able to build and launch two secure, scalable, and highly available crowdfunding platforms in just three months. The platforms were able to handle a high volume of transactions without any downtime or performance issues.

The use of AWS also enabled Chapa to save costs, as they were only charged for the resources they used, and the pay-as-you-go model allowed for flexibility and scalability as their needs changed.

Overall, the collaboration between Chapa and CC Tech Consulting was a success, demonstrating the power of cloud computing and the value of working with a trusted consulting partner. By leveraging AWS, Chapa was able to achieve their business outcome of building two crowdfunding platforms quickly and cost-effectively, enabling them to support the Ethiopian government’s initiatives and assist internally displaced families in Ethiopia.

In conclusion, by partnering with CC Tech Consulting, Chapa was able to build two highly scalable and secure crowdfunding platforms on AWS in a timely and cost-effective manner. The project was a success and demonstrated the value of working with a trusted consulting partner for cloud computing projects.