Bank Bazar

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Inspiration

With each passing day, digital marketing and banking is hitting new heights in the financial industry. Issues in the manual process of buying and selling the products from the banks and other financial institutes necessitated the digitalizing of this manual process.

What it does

It will facilitate financial institutions specially banks to sell their products (current scope is investment products) digitally to country wide audience. They will have access of an Admin portal to manage their inventory and other side the audience will have a free mobile app which will facilitate them to manage their investments or others products associated with financial institutions digitally.

How we built it

We developed backend as microservices and two front ends.

Admin Panel for Merchants to publish their products
Mobile App for audience to subscribe products, check, balance and manage subscription on real-time.

Challenges we ran into

The foremost challenge was to precisely translate our idea into the product we developed within short time. Another hurdle we faced was Partner APIs integrations.

Accomplishments that we're proud of

Despite of being unknown to each other, we did excellent team work. We developed a fine working application that reveales a great idea hitting the financial institutes and the common masses as well.

What we learned

We acquired the experience of collaboration among the team when competing for a national competition. A random idea can be turned into reality only if there lies strong will and high potential yet in the limited resources and time.

What's next for Bank Bazar

BankBazaar is aiming to enable the financial institutes and banks to extend their scope from mutual funds to all the other product that other apps like daraz or telemart offers. Moreover, it intends to bring more technological aspects by integrating with latest technology and Blockchain as well.