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Building a Billion-Dollar Banking App

One of the largest investment banking enterprises in the world was looking for a strategic partner to re-architect their online savings and personal lending mobile app. In order to gauge the success of the restructured app, they set a goal to double online savings deposits within a 12-month time frame.  These key objectives required onboarding a highly technical team within their timeline and budget constraints. Swoon was up for the challenge.

Key Challenges

  • Triple the team size of highly skilled developers from 15 to 45  
  • Secure front and back-end developers in the most competitive marketplace – Software Engineering
  • Double deposits in online savings from $13B to $25B in 12 months

Our Solutions

  • Customized a sourcing and screening process resulting in high interest from qualified candidates
  • Created targeted engagement strategies to secure commitments from specialized engineers
  • Blazing fast mobilization of niche experts in order to meet mission-critical objectives

The Outcome

  • Our custom sourcing strategy brought in top-level talent in a 6-week window which was vital to the project’s success
  • The app exceeded growth expectations by $10B –resulting in $35B in deposits
  • Contractors had a 100% success rate on all deliverables
  • Several Swoon contractors were converted into permanent hires

“We were incredibly happy and surprised by the consistent quality Swoon provided. We didn’t know this level of success was possible.”

Hiring Manager

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