Mosaic Green Loan Platform

intive works closely with Mosaic’s product and development teams, defining the scope of software development projects, creating innovative digital products, maintaining the required systems, and evolving the platform’s architecture to improve its performance. The team delivers new features aimed at enhancing the user experience, from the moment that homeowners request a loan until their solar panel is installed.

For the past five years, intive engineers have delivered some of Mosaic’s key value propositions, including the re-implementation of the public API, key integrations with financial institutions through APIs, and the release of new, cutting-edge financial products.

By carefully listening to Mosaic’s needs, intive proposes new technologies and methodologies that enable collaborative decision-making with a common goal. Expert consultancy is essential to building state-of-the-art FinTech solutions, providing key input in instrumental areas such as front-end development, back-end development, integration of external services, and off-the-shelf software modules to implement critical business processes. In-house expertise also provides significant contributions at all stages, from the architectural to the implementation level.

In order to evolve the platform, streamline processes, and be ready to scale up the business, Mosaic and intive developed a new architecture based on microservices, to which they are currently migrating from the initial monolith. This long-term transformation allows developers to quickly deploy, test, and upgrade each service individually. Meanwhile, APIs facilitate data interchange across various microservices.

The engineering team redesigned the legacy backend and prepared an end-to-end migration process with production support. This challenge involved rewriting many stages, starting from defining the number of environments needed in production and redesigning the pipeline, up to the development of UX/UI, data migration, and implementation services.

The team carries out the transition from monolith to microservices using a project-based approach, performing the migration for a particular development at the time the business requires it.

Prior to 2020, providing clean energy home improvements was done through one-on-one interactions: the installer would knock on the homeowner’s door and offer them a loan. However, the pandemic dramatically impacted on this sales model. Switching to Mosaic’s digital platform became the clear path forward for both sellers and buyers.
Third-party integrations paved the way for accelerated business growth. New connections with financial institutions, external scoring engines, and contractor partners allowed Mosaic to leverage diverse opportunities for expansion in the space.

Thanks to intive’s expert support and guidance, Mosaic has also been able to launch the second version of its public API, representing a major milestone for the company. This development has brought in companies that group together new solar panel installers. Acting as intermediaries between homeowners and providers, installers are now able to apply for credit and receive payments through the API.
With streamlined procedures to apply for financing, families are easily referred by solar installers, as well as other ecosystem partners. This significantly shortens the wait time to get a credit decision for deposit-free loans with fixed interest rates and multiple-term options.