Payment services provider

Getting critical insights into a mobile app with smart technical due diligence

Summary

We did technical due diligence for a payment services provider to help them understand the potential of a mobile app they were going to acquire.

#Advisory #Duediligence #Mobiletech

Challenge

Our client, a payment services provider, was preparing for a strategic business acquisition involving the target company’s IPR. This included a mobile app that would have the potential to extend the client’s key digital offering.

To fully assess the app’s development potential, they needed to conduct an independent technology evaluation. This included gaining insight into its licensing, quality, lifecycle, and maintenance aspects – as well as identifying any risks, dependencies, and requirements to be aware of.

Solution

Asteroid reviewed the software using an established methodology consisting of interviews, static code analysis using automated tooling, and hands-on expert evaluation of the codebase, system architecture, and development practices.

The evaluation included analysis of third-party dependencies to identify licensing risks, outdated libraries, and potential security vulnerabilities. We also audited the QA and testing ecosystem, estimating the maturity of automated testing to ensure long-term stability and ease of future maintenance.

Results

Our review was done within the estimated timeline. We presented a report covering both the key qualitative and quantitative findings that allowed the client to make an informed decision about moving forward with the acquisition.

“
Many thanks for the review and report! We found your professionalism and the quality of the work remarkably high. Well done!”

Our CLIENT
Chief Technology Officer

Featured cases

  • Improving cost efficiency with a modern cloud data pipeline for industrial IoT

    Global manufacturing company

    We built a scalable and near-real-time data processing pipeline to support global IoT monitoring and management for a manufacturing company, improving performance, observability, and cost efficiency.

    Customer case

  • Skäribot – using AI to solve the challenges of traveling in the archipelago

    Municipality of Kemiönsaari

    Together with the municipalities of Kemiönsaari and Parainen, we built Skäribot – a multilingual AI travel assistant that makes exploring the archipelago easier with real-time local info on ferries, events, and services.

    Customer case

  • How a business-critical cloud migration ensured a great customer experience

    Oima

    Oima's digital solution helps care providers deliver their services efficiently. When Oima had to migrate their solution to a new cloud platform with a strict deadline, Asteroid ensured uninterrupted service and a good customer experience.

    Customer case

  • Providing transparent and easy access to government data with a digital channel

    Finnish government agency

    A government agency wanted to ensure access to important information online. We helped build a web service that makes it easy for users to find the right information – quickly and efficiently.

    Customer case
  • Asteroid Featured Case

    Modernizing a real estate ERP to improve security and reduce technical debt

    Pandia

    Asteroid helped real estate management software company Pandia to improve the security of their custom ERP while addressing technical debt.

    customer case
  • Asteroid Featured Case

    Creating a seamless restaurant experience across digital and physical channels

    Major Finnish retail and hospitality group

    We helped a Finnish retail and hospitality group create a seamless end-to-end restaurant experience across digital and physical channels, strengthening their competitive position.

    Customer Case

  • How a next-generation psychometric testing solution unlocked growth potential

    Leading international psychometric services provider

    We helped a psychometric services provider further improve the quality of their services with a next-generation cloud-based solution.

    Customer Case
  • Asteroid Featured Case

    Modernizing an e-commerce platform for better user experience and conversions

    Leading Nordic retailer

    We helped a Nordic retailer modernize their e-commerce platform – improving user experience, conversions, and revenue.

    Customer Case
  • Asteroid Featured Case

    Scaling last-mile delivery with autonomous robots and modern software platforms

    International last-mile logistics pioneer

    We helped a leading logistics provider make autonomous robots for last-mile deliveries a reality by developing software tools, simulations, and user interfaces that support operations, training, and reliable large-scale deployment.

    Customer Case

  • Making the public transit experience better with user-friendly apps

    Public transport company

    We modernized a public transport company’s architecture and contributed to the design system to improve their end-user experience – while also improving sales.

    Customer Case

  • Getting critical insights into a mobile app with smart technical due diligence

    Payment services provider

    We did technical due diligence for a payment services provider to help them understand the potential of a mobile app they were going to acquire.

    Customer Case

Explore new digital frontiers with Asteroid

  • Mika Tuoma

    CEO, Co-Founder
    mika.tuoma@asteroid.fi
    +358 45 673 3534

  • Eero Kurkela

    CTO, Co-Founder
    eero.kurkela@asteroid.fi
    +358 40 169 8013

  • Sami Talpiainen

    Chief Commercial Officer
    sami.talpiainen@asteroid.fi
    +358 40 550 3969