Financial Technology

Developing complex payment systems and core financial products for industry leaders.

Sphere has the expertise and experience to deliver exceptional software applications for companies in the finance industry. Having completed projects for key institutional organizations such as Online Lenders, Banks, and the Chicago Stock Exchange (CHX), we’ll be glad to hear about your company’s project as well. Contact Us for a Free Consultation.

“It’s been a really positive experience working with Sphere, and I would expect you to have the same.”
Ben Crawford Ben Crawford

Sr. Product Manager, Enova Financial

“We’ve partnered with an awesome firm in Chicago, Sphere Consulting, who is developing our beta site”
Lakshmi Bhargave Lakshmi Bhargave


“…Fortunately, I was recommended to consult Sphere Consulting. They came in and they totally changed the whole project. One of the things, that really impressed me about them is the level of communication…”
Steven Maloney Steven Maloney

CEO and Co-Founder of

Sphere has employed its innovative agile development methodology for dozens of projects in the finance sector. The results have made significant improvements in clients’ efficiency and bottom line results. These results include a data retrieval mechanism that helped preserve investments in the face of technological changes, the launch of mobile loan applications that immediately achieved a 50% adoption across the eligible customer base, and optimization of a lending process for a client’s customers which led to an increase in new loan applications.

Client Success Stories

Enova required a team of coding experts to build the infrastructure to power their online lending suite across 3 continents. Sphere Consulting designed, developed, and released the suite of complex solutions that now powers Enova’s network of consumer facing online lending websites.

The Enova and Sphere collaboration hasn’t stopped there. Enova Financial has extended this engagement on an annual and ongoing basis as Sphere excels at developing supportive longterm relationships with it’s clients, adding value well beyond the original scope of the engagement.  We continue to provide ongoing support for Enova’s core technology platform, adding feature upgrades, enhanced reporting capabilities, custom mobile application development and the expansion of their many platforms’ user interfaces.

Success on Enova’s primary line of business led to the two companies partnering on improving their HR department’s efficiency through best of breed web applications. Sphere’s integration of branded, 3rd party and external human capital management tools built a seamless connection for their HR operation, and significantly improved the overall efficiency of the entire department.

Stock exchanges today have become centers of automated trading, ever increasingly powered by server side technology. Reliable solutions are critical to ensure proper transactional flow. Even the slightest glitch can result in a costly error.

The Chicago Stock Exchange, a national securities exchange trading over 4,000 stock issues, hired Sphere Consulting for their expertise in scalable applications for complex financial processes. The organization required a nimble solution to halt trading activities in the event of a trading error. Sphere designed a “Kill Switch” or device that would allow a market participant to shut down trading due to a technical glitch. Malfunctioning algorithms, daily caps, and unusual pattern detection were events Sphere programmed the solution to monitor, automatically cancel activity, and alert the appropriate personnel. The execution of this automated process resulted in a huge time savings to internal stakeholders resulting in improved efficiency across the board.

Financial Technology Customer Case Studies

Citybase Citybase
  • JRuby
  • TorqueBox
  • WebSockets
  • Microservices
  • Backbone.js
  • Software Development

CityBase works with city governments across the U.S. to install and maintain kiosks that allow people to pay their electricity, water, and other utility bills. Each kiosk was required to have software and hardware that could securely accept payments with credit card, debit card, or check. In addition to the unique APIs and financial processing requirements for each city, CityBase was required to create a user interface that people could easily navigate and complete payment in about one minute.


Sphere Software helped CityBase customize and improve their user interface for indoor and outdoor kiosks in two major cities. By using best practices of Ruby on Rails and JavaScript, Sphere was able to successfully meet the challenging data collection, data processing, data reporting and financial processing requirements.

QA Automation
  • Ruby on Rails
  • Rspec
  • Selenium
  • Redis
  • Ubuntu
  • AWS
  • Chef
  • Jenkins
  • Capybara
  • Perform functional testing
  • Perform performance testing
  • Perform cross-browser testing
  • Set up automation testing
  • Develop CI infrastructure for automated tests
  • Automate testing for sub-projects

A large financial company contracted Sphere to improve the testing process of its online loan application function for web and mobile users. Customers were experiencing visual issues when accessing the application from various browsers. The company’s user testing programs, including cross-browser and automated testing, were inconsistent and problematic.


Sphere focused on streamlining the company’s entire testing process.  To eliminate bugs found in the release process, we made automated unit tests more robust while implementing end-to-end frontend tests. To address customer-side visual issues, we performed UI testing and automated cross-browser testing. To correct inconsistencies in regression testing for mobile applications, we implemented automated mobile tests. Lastly, we set up a CI server that would allow the deployment and parallel distribution of automated tests and the gathering of test results and test suite execution details.  The entire project was completed with 100% roadmap compliance.

  • Ruby on Rails
  • PostgreSQL
  • Ember.js
  • React.js
  • ElasticSearch
  • SideKiq
  • Application Development
  • QA Automation
  • 3rd Party Vendor Integration

OneMain Holdings, Inc. (formerly Springleaf Holdings, Inc.) is a financial company that has been providing personal lending products for more than 100 years. They needed to start transitioning their brick and mortar business into the digital world. Their new service would be an site where a potential borrower could apply for a loan, get the application verified and approved, and receive the loan. The site also needed to offer customer support throughout the entire loan life cycle via backend logic and customer representative applications. With these improvements, OneMain’s clients would not need to visit physical branches at any point during the loan process.


Sphere provided a team of experts to assist with the rapid development of the application and the related test automation. We helped to implement complex integration with 3rd party financial vendors like IDology, InstantID, TheWorkNumber, Yodlee, GDS Link, Acxiom, and others. QA automation of a complex SOA (Service Oriented Architecture) application enabled fully testing the whole application in integration without hitting external services and allowed for the development of continuous integration. By augmenting our client’s team, Sphere helped OneMain to more quickly deliver their product and meet their ambitious goals.