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Experience

Case Studies Based on Practical Experience

Engineering Team Build for a Sri Lankan Fintech Company

Client Background

The client is a fintech company operating in Sri Lanka, building financial technology products in a sector where speed, security, and technical reliability directly affect customer trust and regulatory standing. 

The Challenge

Rather than filling a single role, the client needed to build an engineering team from the ground up — spanning backend development, frontend development, and quality assurance. In fintech, this isn’t a simple headcount problem. Each hire needed to understand secure coding practices and the compliance realities of building financial products, and the team as a whole needed to be able to work together under the pace and pressure fintech development demands. 

Hiring these roles independently, one at a time, through different channels would have taken months and risked ending up with a technically strong but poorly matched group of individuals rather than a cohesive team.

Our Approach

Formix ran the engagement as a coordinated team build rather than a series of separate searches. We worked with the client’s technical leadership to define a consistent technical bar across all roles, then sourced and screened candidates for backend, frontend, and QA positions in parallel, rather than sequentially. 

Every candidate went through structured technical screening specific to fintech development — assessing not just coding ability, but awareness of secure development practices and the reliability standards financial products require. We also screened for team compatibility, since a technically strong hire who can’t work well within the existing team structure creates more problems than an unfilled role.

The Result

Formix delivered a complete, functioning engineering team for the client, built with a consistent technical standard and genuine team fit rather than a patchwork of individually sourced hires. The client was able to move from hiring plan to working engineering team significantly faster than running the searches independently, giving the fintech the technical capacity to keep building its product without engineering bottlenecks.

Ready to find your next C-Suite leader? Formix delivers executive search and market mapping across Sri Lanka, Australia, the Maldives, and beyond. formix.live Contact us