Skip To Main Content

How fintech provider Candescent turned one hackathon into a quarterly AI program

August 13, 2026

Summary

Devpost profiles how Candescent's first company-wide hackathon became the blueprint for a recurring AI innovation program showcasing proof of what happens when a regulated fintech gives employees room to build.

In 48 hours, 460+ employees formed 120 teams and shipped 120 projects, with several reaching production within weeks. CTO Satheesh Ravala makes the case that innovation shouldn't wait for annual planning cycles — and the results convinced leadership to make it quarterly.