NARANJA X
FINTECH IN LATIN AMERICA
According to reports , in 2020 , fintech represented 40 % of all regional venture capital invested in Latin American fintech startups . The study was conducted by LAVCA , an organisation that tracks private investment in Latin America . Crunchbase data also indicates fintech momentum has continued in 2021 , led by big rounds for Brazil-based payment tech provider EBANX and digital bank Neon , as well as Nubank .
“ Naranja X provides an environment that has a multi-cloud and on-premise infrastructure ”
SANTIAGO FERNÁNDEZ CISO , NARANJA X
“ For us , people come first , and they are at the centre of our decisions . We strive to offer them products , benefits , and services that make their daily life easier . To achieve that , we implement technologies that make their interaction with our app or in-person service in any of our 180 branches a fully efficient , personalised , and positive experience .”
In-house DevSecOps In a world where connectivity and being part of an ecosystem is often central to scalability , Naranja X is playing things slightly differently by using an in-house DevSecOps . But is this something that works better specifically in the Argentine market ?
Fernández believes so . He says , “ To have a good product and a good business case is as important as outsmarting our competitors . However , security has often been perceived as a hand brake that slows down the product development process . Instead , we aim to become a safety belt , an airbag cushion that can safeguard the business health , not hinder its development and pace .”
Fernández explains that the DevSecOps specialist enables the pace by automating security in each of the pipelines Naranja X uses to make its products available . The developer , then , is well aware that the product has complied with the security steps before its deployment .
He says , “ Launching a product before the competition is not the only factor that gives us a market advantage . We need to provide reliable default security characteristics because customers and users have become more demanding .
“ To pick up from the analogy we used earlier , in the 80 ’ s , nobody paid attention to safety belts and other security features when buying a car . Today , it would be inconceivable . The same is happening in the world of technology . That is why we have stopped being security auditors to become product co-creators .”
Strategic partnerships Although developing in-house systems has its advantages , forming connections that can drive innovation forward is also critical to Naranja X . Currently , IntSights is one of the company ’ s key partners that played an essential role in