French FinTech Skaleet collaborates with 42Flows.Tech to expand its offering

42Flows.Tech, an Estonian software development company, has announced its partnership with Skaleet, the France-based FinTech offering a next-generation Core Banking Platform (CBP).

Skaleet’s customers, providers of financial services, require the development of technology layers, APIs, new functions and the integration of new products and services with an attractive mobile application. FinTech has formed a strategic alliance with 42Flows.Tech to help these customers.

42Flows.Tech finds the Core Banking Platform by Skaleet a technology that “perfectly meets the principles of success.” This includes:

1. A development and integration environment that allows teams to achieve productivity in an agile mode.
2. Give these teams intelligent and efficient tools.
3. Consideration of the customer’s choice and wishes to serve their end customers better.
4. Rapid use of APIs to leverage the power and flexibility of the cloud; and reliance on good metrics to improve system performance.

“Security, performance and regulatory compliance are top priorities for our customers, who also want an agile and robust solution,” said Maksym Popov, co-founder and COO of 42Flows.Tech “Skaleet’s Core Banking platform meets all these requirements and is one of Europe’s leading technology providers,” he added.

The cooperation aims to support both FinTech in high growth and digital transformation of established financial institutions, which require innovation to remain competitive. The company states that a new function can be implemented in less than two months with Skaleet, compared to more than a year with a traditional banking information system.

“As a FinTech, we need to be able to reach potential customers through partners who understand how to identify areas of improvement, who are familiar with the FinTech ecosystem, and who are in touch with the most promising and innovative projects in Europe. 42Flows.Tech, with its market-leading position in FinTech support in Europe, ticks all the boxes,” said Brice Groche, director of sales partnerships at Skaleet.