Fintech App

Development Services

The short answer: any type of fintech app. We use native and cross-platform development tools to deliver mobile apps for iOS and Android, as well as web-based apps that work on different devices. Regarding the app’s niche and functionality, we have experience with a range of fintech solutions (P2P lending app, trading app, etc.) and can bring to life any idea. If you’re not sure about how your vision can be translated into an actual application, schedule a free consultation call with us, and we’ll discuss all the details.

Yes. As a fintech application development company, we know about the regulatory landscape that applies to different regions. Before we start with development services, we’ll analyze your business requirements and all target counties to understand what compliance measures we’ll need to take.

The set of features depends on your application’s purpose, your company’s goals, and your target users. Most fintech apps have personal accounts, different money operations or integrations with payment gateways, secure authorization tools, and reports. Based on a particular usage scenario, a fintech app can also feature a chat, an AI-powered assistant, automated predictions, sharing tools, data visualization, gamification elements, and many other things. Integrations with third-party services are also a common functionality for most fintech applications.

The size of the development team will depend on your project and the types of services you’re looking for. If you want to improve the existing solution or require a simple app with typical functionality, you might only need a couple of engineers and testers. But if you need a full-fledged team that will take your product from inception to launch, it can include a technical lead, a business analyst, several backend and frontend developers, several QA engineers, and several designers. Drop us a line, and we can discuss your project and a suitable development team in more detail.

The cost of fintech mobile app development services depends on the complexity of the solution itself and the rates of hired professionals. In turn, hourly rates vary by the seniority level and location. For instance, you can greatly cut costs by finding developers from another region. Speaking of the complexity, the more unique features and integrations you need, the higher will be the expenses. To give you an idea, fintech app development services can cost somewhere between $50,000 and $300,000. If an app lets users make transactions—make purchases, lend money, or invest in assets—the development process will take longer and cost more compared to an app that only accesses financial data but doesn’t feature direct financial operations. So, a personal finances tracker will be less expensive in development than, say, a banking app.

There are platforms like Clutch that let you browse through the portfolios of different fintech development providers and read the reviews. You can find companies that have already built something similar and schedule a call with them to discuss the potential cooperation. Prepare a list of the most important questions to straighten out all the details beforehand: for example, how you’ll communicate with developers, how will you be able to impact the process if you need some changes to be implemented quickly, and so on. Ask questions about the fintech experience to understand if the company understands your niche and your particular challenges.