The Project
Client
Lycaremit
Industry
Financial Services, Money Transfer
Services
- Custom Software Development
- Web Platform Architecture
- Catalogue Management System
- Vendor Management Portal
- Admin Panel Development
UMM developed Lycaremit's comprehensive digital infrastructure from the ground up, creating custom software solutions instead of low-code platforms for maximum control and flexibility. The project established Lycaremit as a trusted international money transfer service, focusing on seamless user experience.
Engineering Efficiency Across FinTech Workflows
Lycaremit transformed how customers send money internationally by creating secure, intuitive, and cost-effective transfer experiences. The platform's custom architecture enables rapid scaling, enhanced security, and complete operational control while building trust with users sending money across borders to family and friends.
70+
Countries Supported
Strategic platform architecture enabled money transfers to over 70 countries with ultra-competitive rates and multiple collection methods including banks, cash pickup, and mobile wallets.
356-bit
RSA Encryption Security
Advanced security implementation with two-factor authentication and industry-leading encryption protected all transactions and user data across web and mobile platforms.
24/7
Customer Support Integration
Scalable admin panel and customer management system enabled round-the-clock support and real-time transaction monitoring for enhanced user experience.
Challenge
Building a Scalable, Secure, and Flexible Platform
Lycaremit needed more control than a low-code platform could provide to manage their growing global remittance operations. They required a fully custom system to handle catalogue updates, vendor oversight, admin workflows, and end-to-end payment processing, while maintaining a seamless experience for users sending money internationally.
Solution
Custom Web Platform with Full Operational Control
UMM developed a tailored web solution to unify all aspects of Lycaremit’s operations and customer interactions
Catalogue Management System
Vendor Oversight Tools
Admin & Analytics Dashboard
Catalogue Management System
Admins can easily update data for every transfer project and ensure accurate, real-time information for users.
Vendor Oversight Tools
Comprehensive interface for managing vendors and tracking project-level progress across multiple operations.
Admin & Analytics Dashboard
Complete visibility into transactions, vendor activities, and system performance, enabling data-driven decisions.
Key Metrics
95%
Custom-built software architecture eliminated third-party dependencies and processing delays. Advanced backend optimization reduced average transaction completion time from industry standard 24-48 hours to under 2 hours, significantly improving customer satisfaction and enabling same-day money transfers across multiple corridors.
40%
Development Timeline
Strategic custom development approach accelerated platform delivery compared to traditional fintech builds. Integrated catalogue management system streamlined vendor operations while comprehensive admin panel provided real-time oversight, enabling rapid feature deployment and seamless scaling across international markets with enhanced operational control.
99.8%
Robust custom infrastructure design ensured maximum reliability for critical financial transactions. Advanced monitoring systems, redundant architectures, and optimized database management delivered consistent platform availability, building customer trust and supporting business continuity across 70+ countries with minimal service interruptions.
5X
Growth in Transaction Volume
3X
Boost in Repeat User Conversion
