Overview About Sapidblue

About: Being an RBI (Central Bank of India) Licensed Digital Wallet, Payworld has been a Financial & Commercial Services aggregator in India since 2006. Currently, it offers financial services like Insurance, Investment, Loans, Micro-banking, Micro-ATM, Govt Grant Distribution, Utility Payment, Travel Ticketing and many more services across 1M+ Retail Touch-points in India. Payworld works with / in one of the most stringent Payments / Banking Regulations. Business Challenges: Being one of the largest financing services companies in India with a large retail presence, optimizing its retail-product mapping, refining retailer life-cycle management and maximizing returns have always been the top priority of Payworld. The major challenge that Payworld struggled with was that the standard reports of its legacy system were unable to serve Payworld's goals through deeper data insights. Key Challenges: Legacy Technology Platform (Monolith and Old Tech Stack). Agility and Flexibility in an existing platform. Operational Inefficiencies and platform instability. Limited technology team capacity and capabilities. On-Premises Infrastructure was difficult to scale and manage. Business Objectives: The Technology Transformation journey of Payworld was initiated with the following objectives in mind. Building New-Age, Agile and Scalable Digital Platform and migrating existing business to the New Platform without disturbing the running operations. Business Process Automation to drive efficiencies. Data-Driven Decision-Making through Deep-insights Platform readiness for future growth and business requirements, including new-age implementations like Blockchain.