OSQO (https://www.osqo.com.au/) is a fintech that funds a gap between homebuyer's savings and 20% required house deposit. This helps OSQO’s clients to avoid Lenders Mortgage Insurance (LMI) and significantly save on the mortgage.  

To show the benefits of OSQO, it implemented all the maths in an Excel and used to show calculations and savings to the clients. OSQO quickly realised that the Excel was not representative as a sales tool and started looking for a sophisticated and presentable format. After getting a few quotes and timelines from traditional developers OSQO decided to create an app with XL2App. XL2App built the required App based on the spreadsheet developed by OSQO 60% faster and 55% cheaper than was specified in traditional app development offerings.

According to OSQO, “by using XL2App, we were able to implement the front end and backend with minimal amount of custom software development (as compared to full software development). All the business logic in our Excel was quickly converted into backend. We were also able to integrate the solution with many other products”.

As a result, with XL2App OSQO built easily customisable powerful sales and marketing tool which had:

    • Fast and accurate development of portal (front end and backend) by utilising the existing calculations in excel;

    • Fast deployment with easily changeable business logic that can be tested in Excel anytime;

    • Integration with third party products (Box, Auth0, SendGrid, Adobe, Blockchain, others).

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