FinTech Web Application Developer

Project Summary: I want to develop a FinTech web application that allows users to invest in fractional shares of luxury cars. The platform features a user-friendly interface for browsing and purchasing shares, with secure payment processing and real-time market updates. Project Overview: The platform features two core investment mechanics. 1. TurboYield (Car Fractionalization): Users purchase fractional shares of a car to earn passive monthly income derived from rental revenue distributions. Example: A Porsche car is valued at ₹1 Crore. Total Shares Issued: 10,000. Price per share: ₹1,000. Car earns ₹5 lakh net revenue after expenses. Monthly Rental yield = 500000 ÷ 10000 shares = 50/share. 2. TurboFlip (Car Buy & Sell): Users pool capital to purchase a vehicle, which is then resold at a premium, returning the principal and profits back to investors. Example: A Mercedes G wagon is available at 1.5 crore. 150 Investors pool in money. (1 lakh each.) Car is purchased Car is re-sold at 20% premium (i.e. 1.8 crore net revenue after expenses) Payout to each Investor = 1.8 crore ÷ 150 = 1,20,000. Platform: Web-based app (optimized for desktop and mobile) OR Native Mobile Apps for iOS and Android. Preferred Tech Stack: Frontend & Mobile: Cross-platform frameworks like Flutter or React Native to deploy seamlessly to Web, iOS, and Android simultaneously. Backend: Node.js (Express), Python (Django/FastAPI), or Go for scalable backend API development. Database: PostgreSQL or MongoDB to safely manage transactional data, user accounts, and fractional investments Cloud & Infra: AWS, Google Cloud, or Firebase for secure hosting and scaling. Core Features & Technical Scope: 1. User Authentication & Onboarding • OTP-based signup and login via Mobile (SMS/WhatsApp) and Email • KYC compliance system (PAN, Aadhaar, and Bank Account verification) 2. Investor Dashboard / Members Area • Dashboard – invested amount, current value, total earned, shares owned • Cars (TurboYield) – shows a list of cars that users can buy shares of. When clicked, it opens vehicle details page, where users can select # of shares they wish to buy. • Cars (TurboFlip) – shows a list of cars that users can invest money. • Marketplace (p2p Exchange) – Users can sell their shares here. They can also buy shares listed by other users. • Rewards – e.g. users who own 10 shares get a chance to win an iPhone every quarter. They can choose their own 6-digit number and enter the draw. • Refer & earn – Users can refer others to sign-up and get paid a commission. • Wallet – Members can top-up their account here. Also, payouts from admin are credited to the wallet. They can withdraw to their bank account from here. • Profile – Members profile, KYC details etc. 3. Centralized Admin Console • Overview – shows metrics like total users, # of investors, invested amount etc. • Users – list of users and management. • KYC – pending KYC approvals are reviewed by admin here. • Manage Cars (TurboYield and TurboFlip)– add and manage cars • Payouts – calculate and manage monthly payouts or profit distribution. • Manual Payments – Review UPI / bank transfer submissions and approve • Withdrawals – Approve bank withdrawal requests • Settings – payment and general settings • Rewards & Draw – choose winners for iPhone draw 4. Backend Logic & Automation • Execution of a daily automated backend job (cron job) to calculate dynamic share pricing using revenue metrics. NOTE: I have a 3-page highly detailed technical specifications document with formula metrics and prototype links that I will share under a Non-Disclosure Agreement (NDA) once we pass the initial screening.