Rehive started working closely with startups in 2016, and we continue to support our existing startup clients as best we can. However, in 2024, we shifted our focus to enterprise fintech projects for three key reasons:
Evolving Fintech Ecosystem: The bar for minimum requirements in the fintech industry keeps rising, necessitating substantial funding to launch a well-rounded, production-ready product that meets enterprise-grade compliance standards.
Enterprise Readiness: Our system has been battle-tested over the years and is now more prepared to handle enterprise-scale projects.
Comprehensive Product Ecosystem: We have built a product ecosystem that offers significant value for new fintech projects. To leverage the full product suite, clients need sufficient resources for necessary integrations, customizations, and launch preparations.
As part of our enterprise solution, we are better positioned to provide custom software development, flexible hosting options, and priority support for larger projects.
Supporting early-stage startups
We still assist early-stage startups, but our approach has evolved. Our development plan is designed to give startups the time needed for integrations, partnerships, licensing, fundraising, and launch preparation. We have minimum requirements for compliance, fundraising, integrations, and product readiness before allowing an upgrade to production for a live launch.
Our business model
Our primary business model is to charge usage fees per active monthly user and a small fixed transaction fee. An active user is defined as one who makes a transaction in a given calendar month. Usage fees are determined once a client is ready for production and are negotiated on a case-by-case basis, depending on the specific use case. Usage fees are billed at the end of each calendar month.
Usage Fees: Determined once a client is ready for production, negotiated on a case-by-case basis.
Subscription Packages: We offer a range of subscription packages to help businesses get started. Subscriptions can be billed either monthly or annually on the activation date.
Unlike developer agencies, we do not aim to maximize revenue by billing per resource hours. Additionally, unlike pure software vendors, we don’t just sell a codebase and walk away. We earn our share by providing quality services and maintaining a focus on helping you grow.
We are also more open to discussing usage fees early in the relationship if a client can provide a comprehensive overview of the project and how they will generate revenue. This flexibility helps us align our services and fees with your business model and growth plans.
Long-term partnership
Our approach remains to partner with clients for the long run. We grow as our clients grow, and we are more prepared than ever for high-growth opportunities. We don’t lock clients into our hosted solution; they can always purchase the full software license and shift to self-hosting if they choose to go in another direction.