Scaling a development team for a cryptocurrency investment platform
A cryptocurrency investment platform needed to scale its development team fast, without the steep rates of Dutch agencies. Here is how it built a nearshore extended team in Moldova across Python, blockchain, and React.
A cryptocurrency investment platform needed to scale its development team fast, without the steep rates of Dutch agencies or the delay of hiring locally. Working with Backstage IT, it built a nearshore extended team in Moldova: three dedicated developers across Python, blockchain, and React to start, a team that has since grown to four, plus a Netherlands-based technical consultant to keep everyone aligned.
The challenge: building a skilled fintech team quickly
A rapidly expanding cryptocurrency investment platform set out to scale its development capacity in 2024. The goal was an innovative, fully automated trading platform built around stability, consistency, and robust returns.
Building an in-house team from scratch was slow, and Dutch agency rates were steep. The company needed a faster route to qualified developers without giving up on quality. In fast-moving fintech, the speed of getting the right people in place is part of the product strategy.
The solution: a nearshore extended team in Moldova
The founder had already worked with Backstage IT on earlier hiring, so the trust to find the right talent quickly was there. Extending recruitment to Moldova rested on three deliberate choices:
- A wider talent pool. Recruiting internationally meant qualified developers were found faster than the local market allowed.
- Cultural alignment. The priority was on people who bring transparency, initiative, and a proactive way of working.
- A streamlined process. Backstage IT pre-screened candidates, so only well-matched profiles reached the interview stage.
Chișinău, Moldova’s capital, sits close to the Netherlands in both distance and working culture, which is exactly what makes a nearshore extended team practical rather than a compromise.
The hiring process: finding the right fit
The platform initially needed three experienced web developers: two Python specialists and one React developer with blockchain expertise. The structured approach ran in three steps.
- Market research and candidate mapping. Backstage IT ran a thorough search to identify the strongest Moldovan talent for the role.
- Pre-screening and interviews. A two-stage process weighed technical skill, communication, and cultural fit in equal measure.
- Final selection and integration. The chosen developers joined introductory sessions with the existing team to get up to speed.
The result: an agile, growing development team
Backstage IT placed the developers within the projected timeline and budget. The Moldova-based team started with three developers and has since grown to four:
- Four dedicated developers specializing in Python, blockchain, and React.
- One Netherlands-based technical consultant who designs wireframes and keeps the team aligned.
The flexibility of a remote team made it easier to allocate the right people to the right work and to complete development sprints on a predictable rhythm.
The recruitment process compressed what usually takes months into weeks, without compromising on quality.
Why it worked
Cultural fit. The developers brought strong communication, initiative, and dependability, the same values the company works by.
Speed and efficiency. Getting the right people in place in weeks rather than months matters in a sector where the pace of building is a competitive advantage.
Seamless collaboration. Detailed candidate insight from the start meant technical and cultural fit lined up, so onboarding and integration were smooth.
Looking ahead
The platform is moving into its final development stages and preparing for launch. Rather than perfecting the product before release, the company validates milestones as it goes and expands the team where new skills are needed. A nearshore extended team gives it the room to do exactly that.
Thinking about extending your own software team? Get in touch with Backstage IT to talk through what a dedicated team in Moldova could look like for you.
