Business Case /
Improved Application and API security through pentesting and remediation support to pass security reviews from prospective clients
Industry
Fintech
Expertise
Product Security
Services
Web Application and API Pentesting
About
FlashPay is a fintech company simplifying bank transfers for the African market. Inspired by systems like IDEAL and UPI, FlashPay enables Nigerian users to complete transfers at checkout—online or in-store—in just three quick steps, without manual data entry. With an NFC-based tap-to-pay feature and a solution that reduces terminal costs by 99%, FlashPay aligns with the country’s growing shift toward bank transfers.
Initial Challenge
FlashPay was gaining interest in the market from enterprise clients and needed to demonstrate robust application security. However, they lacked internal expertise in penetration testing and had no structured process for identifying and remediating vulnerabilities in their platform.
Approach
Build a more secure product and demonstrate this to clients
We performed an application penetration test aligned with OWASP guidelines and industry best practices. All findings were translated into a prioritized remediation roadmap, which we addressed in close collaboration with the client. To support effective remediation, we provided clear, developer-focused guidance and established a plan for recurring testing ahead of major releases. Each vulnerability was rated using the Common Vulnerability Scoring System (CVSS) to determine severity. The results and recommendations were presented in a detailed report and discussed during a closing meeting with the client.
Results
All critical and high-risk findings were remediated within 3 weeks, and the client passed multiple security reviews from enterprise prospects. Product development cycles continued without interruption, and the client now includes a recent pentest report in every sales pitch, improving trust and accelerating deals.
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“We went from intake to pentest and remediation within only 3 weeks, using the pentest report to pass multiple security assessment reviews.”
D. Hycenth
CEO – Flashpay
