Crexspace

Partnership with STX Next

February 2018 - March 2018

Crexspace is totally fresh startup idea straight from Austria. The concept behind the product is simple but powerful: allow users to exchange money between other community members without the need of paying bank fees and spread costs. It works as a simple webpage with a plan to expand to other platforms in the future.

INDUSTRY
Fintech
COUNTRY
Austria
currency swap calculator
provided
MVP in 4 weeks
delivered by STX Next

Project details

Crexspace is about to revolutionize the way we see currency exchanges.

Crexspace is a real-time currency exchange meeting website, helping real users save on commision. It allows users to exchange both fiat and cryptocurrencies through a social exchange mechanism, using real-time, mid-market FX rates.

Real time currency exchange website - Austrian Fintech Project - Crexspace - Case Study
Real time currency exchange website - Austrian Fintech Project - Crexspace - Case Study
STX Next Delivered
End-to-End Solution
End-to-End Solution
Full Scrum Team
Full Scrum Team
Discovery Workshops
Discovery Workshops
Product Design
Product Design
Full-Stack Development
Full-Stack Development
Automated Testing
Automated Testing
Manual Testing
Manual Testing
Damian Brzoskowski
Python Developer @ STX Next

Crexspace is being developed by quite a small team with everyone focusing on different parts of the stack. The most challenging for me was to integrate an external currency rates provider API with our platform and create access permissions rules, because it’s the most important part of this product.

Challenge

Crexspace’s idea is simple and powerful, but the market of Fintech companies focusing on currency exchanging is quite saturated. Our goal was to check if the idea had a chance to penetrate the market and if Crexspace could then proceed to “learn by doing”. Our main challenge was the very short timeframe and the ability to refresh currency rates in real time.

Solution

We built a simple Minimum Viable Product (MVP) and delivered a useful and usable solution in 4 weeks. We started with detailed Product Design workshops with the client, designed the whole navigation and layout and some parts of the branding. Based on that, we built a React frontend using Material UI components, communicating with the Python Django REST backend. We deployed it all on Amazon AWS.

Python
Python
Django
Django
React
React
AWS
AWS
Docker
Docker
Django REST Framework
Django REST Framework
Redux
Redux
Material UI
Material UI

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