What the Fincode Ledger Engine Does
The Fincode ledger engine is a real-time, double-entry accounting system purpose-built for modern fintech use cases. It ensures accuracy, consistency, and regulatory alignment across all financial products.Core Capabilities
- Real-time balance management
- Double-entry accounting with immutable transaction records
- Multi-currency and multi-wallet support
- Event-driven transaction posting
- Product-level and customer-level segregation of funds
- Full auditability and reconciliation readiness
How It Works
The ledger engine flow consists of three main operations:Account Balance Query
Query account balances to get real-time available balance, account balance, and account details.
Post to Account
Execute double-entry transactions by debiting one account and crediting another account with automatic balance updates.
For detailed visual flow, see the Process Flow page.
Products You Can Build on the Ledger
The ledger is product-agnostic and can be configured to support multiple fintech verticals:1. Digital Wallets
- Customer wallets (individual, business, escrow)
- Available vs. ledger balance separation
- Holds, reversals, fees, and settlements
- Multi-currency and FX-ready structures
2. Lending Products
- Loan principal, interest, fees, penalties
- Amortisation schedules and repayment tracking
- Partial repayments and restructures
- NPL tracking and write-offs
- Integration-ready for credit decisioning engines
3. Savings Products
- Interest-bearing accounts
- Fixed and flexible savings plans
- Interest accrual and posting logic
- Goal-based and pooled savings structures
4. Investment Products
- Virtual investment accounts
- Unitised balances and NAV tracking
- Contributions, redemptions, and returns
- Ledger-backed investor reporting and reconciliation
Why the Ledger Matters
Most fintech failures occur not at the UI layer, but at the ledger and reconciliation layer. Fincode’s approach ensures:- Regulatory confidence for EMI, MFB, bank, and PSP partners
- Scalability from MVP to millions of transactions
- Audit-readiness for regulators, banks, and investors
- Product velocity, enabling faster launches and iterations
How Fintechs Use Fincode Ledger
Fincode’s ledger engine is typically used by:- Fintech startups launching wallets, lending, or savings products
- Banks and EMIs offering Banking-as-a-Service or Lending-as-a-Service
- Embedded finance providers building financial products into non-financial platforms
- Regulated institutions modernising legacy core systems
Integration Quick Start
Before you begin:Review API Documentation
Familiarize yourself with our Ledger Engine API Reference.
Understand the Flow
Read through the Process Flow to understand how transactions are processed.
Complete API Reference
Explore all available ledger endpoints with request/response examples.
Testing & Sandbox
We provide a full-featured sandbox environment for testing:- Sandbox URL:
https://{domain}.fincode.software - Test credentials: Provided upon registration
- Mock transactions: Simulate account operations
- No real money: All transactions are simulated