Over recent years, Elixir and Erlang have become prominent choices for the tech language of new and established FinTech companies around the globe. Here, we take a look at a few these companies who use Elixir & Erlang on a daily basis.....
1. Circle www.circle.com
Circle is a new type of company amongst global financial services. The company builds products to enable online and in-person payments to be easier to use and run smoother. They mainly use Elixir in the production of their API and on their platform which individuals and entrepreneurs use to trade, raise capital and invest with cryptocurrencies and crypto technologies.
2. Memo Bank - www.memo.bank
The first French independent bank in nearly 50 years needed a strong language to get them going. This is where Elixir comes into play. The system's scalability enables them to commence real-time transactions without any problems, including banking applications. Since the bank was launched in 2017 the use of Elixir has played a great part in allowing them to offer everything you'd expect from a bank, from Credit Cards to Business accounts.
3. Brex www.brex.com
Brex is a company who provides cards to start ups and online brands, with their system being built entirely with Elixir. They have become a rather large company recently, having secured funding to give it a valuation of approx $2.6billion. Without Elixir, with it's clean code and concurrency, the value of the company would be significantly lower.
4. Taxfix - www.taxfix.de
Taxfix is.a Berlin-based startup Fintech company who make tax declarations easier and helps people get the maximum out of their tax returns. With their product, they aim to provide everyone with a personalised tax accountant at the palm of their hand. They use Elixir in production along with other languages, which allows quick and easy access to the data required by themselves and the client.
5. Klarna - www.klarna.com
Klarna has become a globally very successful FinTech company in recent times. The use of Erlang has been a key to the company's success, enabling their systems to have a high availability with no downtime. With 90 million customers and 250,000+ merchants, including most of the world's leading brands, the system handles over 2million transactions daily, offering credit lines and payment service to their customers .