Fintech Software Development

AI-native customer support without the AI-startup budget

Modena’s support team handles inbound emails in three languages and serves two distinct audiences — borrowers and investors — under licensed-financial-institution audit requirements.

Annual direct financial gain (5 agents): 27 420 €

Time saved by AI features: 27.5h / week

Challenge

Every customer reply at a licensed credit institution must be auditable and regulation-compliant. The support team was juggling three languages, two portals (modena.ee for lending and modena.capital for investors), and the constant pressure of fast, consistent quality across a small team.

Solution

11 AI workflows, one platform. AI is integrated into 11 distinct support workflows rather than bolted on as a side chatbot; every AI output goes through human review before reaching a customer.

Cost-aware three-model strategy. Triage runs on Haiku, reply drafting on Sonnet, complex reasoning on Opus — admins can see and override the choice per scenario.

RAG on the Zendesk archive. Every new ticket surfaces the three most similar resolved tickets as context, so the AI learns from how humans actually handled the same question.

Portal-aware knowledge base. Every KB article is tagged with a portal — investor tickets never see lending FAQs and vice versa.

Self-extending KB. Every Sunday, Claude reviews resolved tickets and drafts the three most-recurring FAQs; admins click ‘publish’ after review.

Graceful degradation. If the Claude API is down, the platform keeps running — AI is an enhancement, never a critical path.

AI
Backend
PHP
Self-Service
UX

Result

Response time dropped from 5–10 minutes to 1–2 minutes per reply.

Escalations now reach the right person the same day, not from the back of the queue.

Reply quality is more consistent across agents — same KB, same prior resolutions.

New hires use the platform on day one — no ‘prompt engineering’ training needed.

Direct software savings of ~7 140€/year versus Zendesk Suite + Advanced AI.

Key takeaway

An AI-native support operation doesn’t need an AI-startup budget — it needs careful workflow integration, a cost-conscious model strategy, and humans in the loop on every decision.

From clunky third-party scoring to in-house, real-time credit decisions

Modena is an Estonian fintech offering BNPL, instalment plans, consumer loans, and business credit, trusted by 100,000+ customers and regulated by the Estonian Financial Supervision Authority.

Audience: B2C & B2B in one flow

New credit scoring system: Built in 3 months

Challenge

Modena set out to expand BNPL and loan offerings, but the external credit-scoring provider they had been using was slow, unreliable, and forced customers through third-party interfaces that damaged trust. As a licensed credit provider, mission-critical payment operations could not tolerate that level of friction.

Solution

AI-powered credit scoring engine. Built in-house in three months; ingests customer bank data, categorizes it, and returns a real-time creditworthiness score for both private and business customers.

B2C + B2B application portal. One streamlined loan application flow with decision logic that adapts to the customer type.

Merchant webshop plugins. Retailers can offer Modena’s BNPL service at checkout, expanding reach across Estonia’s digital retail market.

No third-party redirects. Onboarding stays inside the Modena interface, removing the trust gap the previous provider had created.

AI across everyday workflows. Internal tools help generate reports on demand and guide marketing by surfacing which customers to contact with which offer.

AI
Backend
Kotlin
Self-Service
UX

Result

Near-instant credit decisions, end-to-end inside Modena’s own interface.

Higher scoring accuracy and lower default risk than the previous external provider.

Expanded merchant reach across Estonian e-commerce.

Faster product iteration — Modena can respond to market changes in days, not quarters.

Key takeaway

In regulated lending, owning the credit-scoring layer is what unlocks both speed and trust — and a small team with AI-accelerated development can build it in months.

A modular system for managing loans and financial products

Bondora is a leading European fintech based in Tallinn, founded in 2008, that has evolved from a P2P lending pioneer into a digital platform for simple investing and consumer credit across Estonia, Finland, Spain, and the Netherlands.

.NET
AI
Backend
Self-Service

Challenge

Bondora needed a system that could efficiently manage loans and a range of financial products across multiple markets — without the rigid workflows that often slow multi-country lending operations.

Solution

Modular workflow architecture. An information system built around modular workflows that can be configured per product and per market.

Financial data integration. Integrated with the financial data sources needed to run lending operations across four countries.

Result

Streamlined financial operations across multiple European markets.

Workflows that adapt to product- and country-specific requirements without code rewrites.

Key takeaway

In multi-market lending, the system that wins is the one whose workflows can be reconfigured for the next country without re-engineering the core.

A multi-feature VISA credit card platform

Bigbank is an Estonian-owned commercial bank that has evolved from a specialized consumer credit institution into a full-service digital bank.

AI
Backend
Java
Self-Service

Challenge

Bigbank wanted to develop and launch a multi-featured VISA credit card platform with financial integrations and real-time functionality.

Solution

Software development + API integrations. Built the credit card platform with the integrations needed to operate it day-to-day, including real-time financial functionality.

Feature implementation. Delivered the product feature set Bigbank needed to bring the card to market.

Result

A secure, efficient credit card platform in production.

Real-time functionality across the card’s core operations.

Key takeaway

When the goal is shipping a regulated banking product, the value is in the integrations and the real-time plumbing — not in the marketing tagline.

Building trust in lending: how Modena achieved instant credit decisions with AI and custom development

The collaboration between Modena and SRINI has been ongoing for over four years, delivering continuous improvements and growth.

Modena is an Estonian-based FinTech company that provides smart payment solutions and flexible financing. They bridge the gap between merchants and consumers by offering seamless “Buy Now, Pay Later” (BNPL) integrations and traditional credit products through a fully digital, user-friendly ecosystem.

1. BNPL & Checkout Solutions (B2C)

Modena’s core strength lies in its embedded finance tools for e-commerce and retail stores, designed to increase conversion rates and average order value.

Pay in 3 (Split Pay): Customers can divide their purchase into three equal monthly installments. This is typically interest-free and fee-free for the consumer, making it a powerful alternative to credit cards.

Pay Later (30 Days): Often marketed as “Click & Try,” this allows customers to order goods, receive them, and only pay after 30 days. It is ideal for fashion and home decor where customers want to verify the quality before committing.

Modena Hire-Purchase (Järelmaks): For high-ticket items (electronics, furniture, etc.), Modena offers long-term financing for up to 48 months with instant credit decisions at the point of sale.

2. Personal Lending Products

Beyond the checkout, Modena provides direct-to-consumer financial services via their online platform.

Credit Line (Krediidiliin): A flexible “digital wallet” with a limit of up to €5,000. Users only pay interest on the amount they actually withdraw, providing a safety net for unexpected expenses.

Small Loans & Refinancing: Fixed-term loans for personal projects or the consolidation of existing high-interest debts into a single, more affordable monthly payment.

3. Business Solutions (B2B)

Modena supports the growth of small and medium-sized enterprises (SMEs) with fast, data-driven credit products.

Business Loans: Quick financing up to €50,000 for inventory, equipment, or working capital.

Merchant Portal: A dedicated dashboard for retailers to track BNPL performance, manage refunds, and analyze customer behavior in real-time.

4. Investment Opportunity: Modena Capital

Unique to Modena is their integrated investment platform, allowing retail and institutional investors to earn returns by funding the loan portfolio.

Target Returns: Investors can earn up to 11% p.a.

Safety Features: Most investments are protected by a 60-day buyback guarantee, reducing the risk for the investor.

Why Modena Stands Out?

Speed: Their proprietary credit scoring algorithm provides decisions in seconds.

Regulatory Status: Licensed as a creditor by the Estonian Financial Supervision Authority, ensuring high standards of transparency and consumer protection.

Seamless Integration: Their API allows merchants to add multiple payment options to their webshop with minimal technical effort.

In short: Modena is the Baltic answer to Klarna, offering a comprehensive suite of tools that make buying, selling, and lending more flexible and accessible for the digital age.

A frictionless lending experience with near-instant credit decisions.
Higher accuracy in credit scoring, reducing risk compared to external solutions.
A trusted and user-friendly interface, which strengthened customer confidence.
Agility in product development, allowing Modena to respond to market needs faster.

AI
Backend
Kotlin
Self-Service
UX

Industry: Fintech

AI-native customer support without the AI-startup budget

Modena’s support team handles inbound emails in three languages and serves two distinct audiences — borrowers and investors — under licensed-financial-institution audit requirements.

From clunky third-party scoring to in-house, real-time credit decisions

Modena is an Estonian fintech offering BNPL, instalment plans, consumer loans, and business credit, trusted by 100,000+ customers and regulated by the Estonian Financial Supervision Authority.

A modular system for managing loans and financial products

Bondora is a leading European fintech based in Tallinn, founded in 2008, that has evolved from a P2P lending pioneer into a digital platform for simple investing and consumer credit across Estonia, Finland, Spain, and the Netherlands.

A multi-feature VISA credit card platform

Bigbank is an Estonian-owned commercial bank that has evolved from a specialized consumer credit institution into a full-service digital bank.

Building trust in lending: how Modena achieved instant credit decisions with AI and custom development