Overview

Grapple, a pioneering fintech company in Australia, specialises in advanced business payment solutions and invoice financing. Designed to empower Australian businesses, Grapple's innovative LendTech offerings enhance cash flow and foster rapid growth. With an emphasis on simplicity, affordability, and flexibility, these solutions are supported by 24/7 customer assistance. Leveraging cutting-edge technology, Grapple facilitates seamless integration with premier accounting platforms, conducts swift credit and risk evaluations, and provides instant approval for funding limits. This ensures businesses can maintain momentum and achieve their objectives swiftly and efficiently.

The Challenge

Following a successful capital raise based on an initial Minimum Viable Product (MVP), Grapple found itself in a phase of rapid expansion that brought with it a series of challenges. The company was grappling with an extensive backlog of tasks and requirements, a critical shortage of team members, and a significant absence of technical direction, all under the pressure of immediate demands. It was at this critical juncture that Coder Trove came into the picture, providing the essential support needed to propel Grapple forward and exceed investor expectations.

Grapple decided to engage a top-tier onsite Head of Technology consultant from Coder Trove, who was instrumental in navigating the initial challenges. This included the strategic allocation of multiple Coder Trove software development resources tailored to Grapple's needs. Facing a high-pressure environment with an emphasis on swift delivery, Coder Trove was able to initiate work without delay, efficiently scaling the team to meet the demanding schedule. This included ensuring the timely rollout features for rebooked press releases and the implementation of crucial functional upgrades, allowing Grapple to maintain its growth trajectory and fulfil its ambitious goals.

Outcome

Grapple has sustained its market leadership by persistently engaging the services of Coder Trove, utilizing both onsite and remote teams to stay at the forefront of innovation. This strategic collaboration has resulted in significant advancements in its technology stack, earning major praise for its cutting-edge capabilities that surpass any other offerings in the market. The success and robustness of Grapple's systems have empowered them to expand their horizons. They are now in a position to offer their digital banking platform to other lenders as a fully licensed Software as a Service (SaaS) solution, thereby not only enhancing their service portfolio but also reinforcing their standing as a pioneer in the financial technology sector.