YAN among 14 international companies in Fintech receiving an honorable mention at Go Global Awards 2021

Originally launched in 1989, The International Trade Council’s (ICT) Go Global Awards celebrate organizations that drive the global economy through their innovations, technologies, and strategies. The Awards bring together hundreds of senior executives from some of the world’s most innovative manufacturers, exporters, technology firms, international service providers, venture capital firms and financial institutions.

This year, ICT received a total of 6,416 applications from organizations in 178 countries, and the jury consisted of dignitaries from eleven countries. YAN, a UK startup on a mission to become the world’s first eCommerce bank, was one of the 14 international companies presented in the Fintech category to receive an honorable mention at the Go Global Awards 2021.

The Go Global Awards follow a rigorous three-tiered review and selection process. Candidates begin the application process with a pre-screening and ranking phase. Only the top 20% of nominations across all categories are then cross reviewed to ensure consistency. Finalists are then selected and move to the live judging event, where they make live presentations before independent members of the Go Global Awards Committee. The Awards Committee then cross reviews the finalist presentations and final decisions are announced at the Go Global Awards Day.

For more information about the International Trade Council, visit www.tradecouncil.org

YAN.Market’s first 100 Sellers offered a FREE Subscription

YAN will soon launch its YAN.Market web platform that is a natural extension of its Super App, with both being a part of YAN’s broader vision and ongoing development of World’s First E-Commerce Bank. YAN.Market will mirror the services provided in the YAN’s mobile app, allowing customers to use them on both a mobile and web platform.

Particular attention is paid to YAN’s E-commerce section – an aggregator of online shops where sellers will present their online business through their own personalized branded widget containing products or services offered in the most user-friendly and customer-focused manner. Shoppers not only will search for products, find their detailed descriptions, read others’ reviews, and filter products by a range of parameters, but they will also be able to choose store locations or where the products will be delivered from.

YAN’s E-commerce section – an aggregator of online shops where sellers will present their online business through their own personalized branded widget containing products or services offered in the most user-friendly and customer-focused manner.

For uploading products to YAN.Market seller will need to create a store by signing up in YAN’s Seller Hub, which is a multi-channel order and stock management system that will provide merchants with a single user interface for selling both on YAN.Market and also other supported sales channels that can be connected for managing orders with speed directly from YAN’s Seller Hub. The first registered 100 sellers will get FREE access to YAN.Market’s Grow Plan for their first 12 consecutive months, followed by monthly subscription. The package includes unlimited listings, tools for product marketing & reports and analytics, E-Commerce multi-channel integration access, 24/7 seller support, own store and branded company widget on YAN’s Super App & YAN.market web platform. Sellers signed to other plans such as Scale and Pro will be provided with additional accounting, product shipping and marketing tools, as well as YAN’s business current account with a debit card and other financial product offerings.

Sellers wishing to register their early interest for using YAN’s Seller Hub and to have their stores on YAN’s Super App and YAN.Market can submit a request to join the waitlist.

Click SUBSCRIBE to fill out the form.

YAN’s objective is to reduce sellers time-consuming admin and other sales processes, hence the Seller Hub is designed to manage the entire multi-channel inventory without having to switch between multiple E-commerce platforms such as WooCommerce, Shopify, Magento, eBay, Amazon, Etsy, etc.

YAN.market’s Seller Hub also integrates with the most popular shipping carriers and couriers, as well as with accounting software such as Xero, Sage and QuickBooks, helping merchants to consolidate accounting across all sales channels and to automate post sales data by synchronizing and recording orders through sales receipts or invoices. In addition, sellers can update tracking numbers into sales channels, create shipping labels, manage shipping rules and much more.

YAN’s Super App from scratch

It was surely a long but interesting journey for YAN’s team of developers who worked hard for about a year and now continue to optimize and ensure high quality software is coded for their startup in a quite tight timeline. It was initially decided that YAN should be a full-stack platform able to control the entire chain and not be dependent on third party technologies.This approach can be called the cornerstone of the company’s philosophy, as it needed more control and flexibility to meet the needs of customers today and in the future.

YAN’s technological team includes web designers, security specialists, Java and PHP developers, system developers and maintenance specialists working on building from the ground up YAN’s software environment with so far 12344 files and more than 8 million lines of code.

YAN is building from the ground up its multi-industry Super App software which to date contains 12344 files and more than 8 million lines of code.

You will probably be interested to know more on specifics of YAN’s hardware infrastructure which is divided into 3 main environments: 1) Development environment  2) Test environment and 3) Production environment. Development Environment operates on 2 servers (Api/backend server and Authentication server) where engineers develop the software required for company services (backend, authorization server, transaction server). When the software is ready, it then goes through the test environment. 

The Test Environment is located on 2 servers (Api/backend server and Authentication server). Here we test the software developed in a sandbox environment. We can test all functions and check software vulnerabilities and their potential bugs. When the software passes all the programmed tests, it is then loaded into the production environment with its 4 servers.

  1. Authentication Server is required to authenticate customers and internal staff who enter and use our cloud. The system is a bank-grade authentication server with single sign-on (SSO) capability – it’s a session and user authentication service that permits a user to use one set of login credentials, e.g. a name and password, to access multiple applications. As our business grows, we will move this server to an authentication cluster. 
  1. API server – this is for connecting mobile Apps to all possible operations (banking, cards, e-commerce, marketplace, etc.). As our business grows, we will migrate it to the backend cluster. 
  1. Backend server is used to manage the entire infrastructure (users, transactions, settings, logs, etc.). This server is the core of the infrastructure and will be later moved to a dual geographic cluster to avoid possible downtime. 
  1. Database server is used to run a database engine and to decouple the database server from the Internet. This server is located on internal networks and is not accessible from outside our cloud. In the future, it needs to be moved to the database cluster. 

We hope this has shed some more light on what YAN’s engineers have been continuously working on over the past year but we will be back with more news, including about our technologies that help to create a risk profile or score, providing external data points related to finance, lifestyle, social and health.

Follow our updates and stay tuned!