Livble Achieved Real-Time Operational Excellence and 50% Lower Costs with Estuary Flow
Livble is revolutionizing rent payments by allowing customers to split their rent into smaller, more manageable installments over the month to align with their income, avoid fees, and build meaningful credit in the process. As a fintech innovator, Livble relies on real-time data to power critical functions – from credit risk modeling and underwriting to operational dashboards and financial reporting.
Under the leadership of Uri Vinetz, Director of Data (formerly Data at Lemonade), the data team at Livble needed a platform that could deliver scalable, real-time, and reliable data movement from operational systems to analytics infrastructure. After facing challenges with multiple ETL platforms, they switched to Estuary Flow and saw immediate, transformative results.
About Livble
Location
New York, U.S.
Industry
Fintech and Proptech
Goals
Make rent work better for renters by enabling them to split payments into smaller, more manageable installments that align with their income, reduce financial strain, eliminate fees, and help them build credit.
Livble is an embedded fintech empowering tenants to split rent into manageable installments while building meaningful credit.
“We needed something self-serve, fast, and reliable, and Estuary delivered exactly that. It’s a huge unlock for our operations, reporting, and machine learning.”
— Uri Vinetz, Director of Data at Livble
Challenges
Before adopting Estuary, Livble’s data infrastructure worked hard to meet its growing operational and analytics demands. The key issues included:
- Insufficient sync speed and scalability: Tools like Airbyte couldn’t meet Livble’s need for frequent, high-volume data syncing, causing delays in dashboards, underwriting models, and tenant reporting.
- Unreliable replication during critical moments: Failures with various ETL platforms left Livble without updated data for days, impacting operations during peak periods.
- Need for real-time, historical tracking: Livble required Change Data Capture (CDC) from MySQL to Snowflake to power real-time systems, maintain data history, and support financial and compliance reporting.
Solutions
After discovering Estuary, Livble onboarded the platform and instantly gained access to the features they’d been missing:
- Real-time, efficient data streaming: Estuary Flow streams CDC changes from MySQL to Snowflake with near-real-time latency, capturing only delta updates to boost speed and cut compute costs while preserving complete historical records.
- Powering operational tools and decision-making: Livble uses Flow to fuel BI and operational dashboards in Retool and Superset, improve underwriting models with live Plaid and property data, and enhance machine learning-driven credit decisions.
- Enabling personalized customer engagement: Fresh Snowflake data syncs allow Livble to deliver timely, targeted push notifications and customer communications.
Results
Livble realized immediate, measurable outcomes after switching to Estuary Flow:
Business Outcomes
- 30% Lower Platform Costs: Estuary's pricing efficiency made an immediate impact.
- 50% Lower Snowflake Spend: Delta-aware updates minimized compute and storage costs in Snowflake.
Technical Wins
- Reliable, Real-Time Syncs: Estuary replaced fragile ETL jobs with fault-tolerant pipelines that meet business needs.
- Scalable Infrastructure: No more chokepoints—data syncs run continuously and efficiently, regardless of dataset size.
- Self-Serve Simplicity: The lean data team could fully own and operate pipelines without waiting on external support or engineering cycles.