From Simplifying Shared Expenses to a Strategic Acquisition: Loop’s Journey
Industry
Fintech
Region
UK
Services we provided
Mobile App (design and development)
Mirko, the Co-Founder of Loop
Ankit Tharwani, the CTO of Loop
To make managing shared expenses among friends and family seamless and hassle-free. Initially a part-time endeavor, their vision stemmed from personal experiences and the growing need for a streamlined solution in financial sharing. With an in-house product manager and designer, they sought a development partner to transform their idea into reality.
Challenges
Technical Implementation
Turning their vision into a functional MVP required expertise in app and backend development.
UI/UX Limitations
After the MVP launch, they faced challenges creating a user-friendly and engaging interface to retain and grow their audience.
Security Focus
As loop is a financial platform, security is the prime requirement.
Strategic Transition
Post-acquisition by Tandem Bank, maintaining development continuity was critical.
Our Approach
1/4
Collaborative Development
Partnering closely with the founders, Logicwind began by developing the MVP for the Loop app, focusing on core functionality and scalability.
2/4
UI/UX Redesign
Addressing challenges, Logicwind reimagined the interface to ensure it met user expectations, enhancing engagement and usability.
3/3
Holistic Solution
Delivered a robust backend to support features like multi-currency transactions, recurring payments, and detailed expense categorization.
4/4
Post-Acquisition Support
Ensured seamless integration and scaling under Tandem Bank’s operations.
Technology
What Logicwind brings to the table
Comprehensive Development Expertise: Delivered end-to-end solutions, encompassing app and backend development.
Agile Collaboration: Partnered effectively with Loop’s internal PM and designer to bring their vision to life.
User-Centric Design: Enhanced engagement through improved UI/UX solutions.
Security Practices: skills to build secured Infrastructure & development practices
Long-Term Partnership: Continued to support Loop post-acquisition, ensuring continuity and scalability under Tandem Bank.
Ankit Tharwani, the CTO of Loop
Logicwind served as our tech partner for backend & mobile app dev, from scoping to delivery. Their skilled devs enabled fast & error-free development. They excelled in Flutter, backend dev, and DevOps, with Agile processes for deployment & delivery.
KEY HIGHLIGHTS
Developed and launched a successful MVP, gaining initial user feedback.
Overcame UI/UX challenges by partnering with Logicwind for a redesign.
Expanded from a part-time project to a full-time venture with dedicated founders.
Secured strategic acquisition by Tandem Bank, ensuring continued growth and support
Do You Have an Idea and Want to Build an MVP?
If you have a clear vision and need a team to execute it, Logicwind can help—just like we did for Loop.
