33 Best Fintech App Development Companies In 2024

Fintech, which stands for Financial Technology, is a term used to characterize new technologies aimed at digitizing and automating services related to money. Using cutting-edge technology, leading fintech app development companies craft innovative financial solutions. When designing a user-friendly fintech app, the top developers should keep a number of factors in mind, including the technology, difficulties, pricing, and features. 

Statistics show that the financial technology market will be worth $305 billion by 2025, and businesses all over the world that make software for financial institutions are getting into the bespoke fintech app development game. Reasons for this meteoric rise include customers’ demands for easier and more streamlined interactions with financial institutions and technological advancements.

Read this blog if you own a business that is planning to invest in financial technology apps. Fintech app development services and top fintech app development businesses are covered in this article. 

• Why Invest In FinTech App Development?
• Top FinTech App Development Companies
• What Does the FinTech App Development Company Do?
• Who Should Hire Financial Software Development Companies?
• Different Apps Fintech Software Development Company Create
• Challenges Of Developing Fintech Apps

Why Invest In FinTech App Development?

There have been a number of fintech apps and solutions that have revolutionized people’s relationship with their money, such as Coinbase, Chime, MoneyLion, and Robinhood. functioning with fintech software development businesses allows you to provide a solution that has better functioning models and lower risks. This applies to various areas such as the lending process, wealth management, and payment collection.

You might consider investing in a financial software development company because of the following noteworthy statistics:

• The financial technology business, according to Deloitte, will be worth almost $180 billion in 2022. Also, by 2024, experts predict that this figure will have risen to $213 billion.
• Spending on financial technology app development has surged 3.5 times since 2015. There was a total investment of $210 billion by year’s end.
• Rapid growth is being observed in the use of fintech. Online banking’s popularity in the US has been steadily increasing. About 61% of Americans utilized online banking in 2018. At 65.3% in 2022, the figure was even higher.
• Financial technology app development businesses include Visa. With $477.95 billion in market capitalization, it is the leader.
• Data shows that financial software development firms will play a role in the industry’s development in the years to come. So, if your company hasn’t already invested in companies that create custom financial apps, now is the time to do so.

Top FinTech App Development Companies

Appic Softwares (5/5⭐)

Appic Softwares is a premier fintech app development company, specializing in crafting tailored solutions for financial institutions, startups, and enterprises. Their services encompass custom app development, blockchain integration, AI-driven analytics, and robust security measures. 

With a focus on innovation and client satisfaction, Appic Software delivers user-centric UI/UX design and prioritizes quality assurance. Trusted for expertise, reliability, and a client-centric approach, they empower businesses to thrive in the dynamic landscape of financial technology.

• Number of Employees: 51-100
• Location: USA and India
• Established in: 2017
• Starting at: Project-specific
• Renowned Clients: TheLienZone, NolimitQR, Furniture.MU and more
• Specialties: Web development, FinTech app development, Generative AI, Mobile app development and more

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Octal IT Solution (4.6/5⭐)

The top fintech app developers at Octal IT Solution are well-versed in artificial intelligence (AI), big data (BD), and machine learning (ML), allowing them to streamline and automate any and all financial processes. Together with other financial institutions, they build a strong IT environment and make sure nothing goes wrong. 

• Headcount: 250 and above
• Location: USA, UK, Singapore, India
• Established in: 2004
• Starting at: $25 per hour
• Renowned Clients: HiPi, Linde, Vodafone, Clarins, and Omantel
• Specialties: Web Design, Android App Development, Fintech App Development, Blockchain Technology

Hedgehog Lab (4.8/5⭐)

Experts in developing applications for mobile phones and other internet-enabled gadgets, Hedgehog Lab is a global digital product consultancy. It is well-versed in VR/AR/MR and contains experience in artificial intelligence. Incredible growth in revenue over the past few years has been seen, with worldwide sales already close to £5 million. Among Europe’s most rapidly expanding companies, it has maintained that status for the past three years running.

Using trustworthy and secure banking software solutions, the top app developers at Hedgehog Lab guarantee that their clients’ apps address their unique problems. Among the many IT projects they have completed, they rank among the best financial app development companies.

• Number of Employees: 90
• Place: Newcastle upon Tyne, England, UK
• Founded in: 2007
• Rates: $101–$250/hour
• Notable Clients: Microsoft, Deliveroo, Autodesk, Santander, Abrdn
• Principal Offerings: Services for Fintech Software Development, Web Development, UX/UI Design, and Artificial Intelligence Development

Yalantis (4.8/5⭐)

Yalantis caters to the development needs of software engineering outsourcing projects. If we break it down into its component parts, Yalantis stands out as it provides businesses with client technical solutions and also runs a school for back-end engineers called Yalantis Golang School.

As a frontrunner in the finance industry, Yalantis’s web development, web app, and mobile solutions are driven by the collaborative efforts of the company’s workforce. Numerous fintech solutions are available from this company, including those for consumer finance, insurance, and the development of e-wallet apps.

• Number of Employees: 600-1000
• Place: Larnaca, Cyprus
• Beginning in: 2008, with hourly rates ranging from $26 to $50
• Notable Customers: KPMG, Orbis, Healthfully, Lifeworks, RAK 
• Core Offerings: Cloud & DevOps, Machine Learning & AI, Cybersecurity, Low Code Solutions, Fintech App Development

Uptech (4.9/5⭐)

When it comes to mobile and web development, Uptech is the company that helps ideas go from being just sketches on a napkin to fully realized products. By integrating imagination, subject knowledge, and product development strategy, it produces goods that both companies and consumers care about.

Clients can pay the team for the entire week or month’s work using Uptech. When a company is still in its early stages and the product is still in its discovery phase, this approach works well. With this, less preparation is required for a quicker launch.

• Number of Employees: Around 80
• Establishment: 2016, Kyiv, Ukraine
• Average Hourly Rate: $26–$50
• Renowned Clients: Crello, Unilever, Freebird, Aspiration, etc.
• Specialties: Apps for Financial Technology, Mobile, User Experience, and Web Development as Well as Enterprise App Modernization 

Blue Label Labs (3.7/5⭐)

Blue Label Labs is the go-to agency for strategy, design, and development. It works with ambitious brands, organizations, and artists to strengthen the authenticity of their work through the creation of customer-centric and really user-validated digital solutions.

A faster path to success can be achieved by collaborating with clients on development and transformation opportunities. In addition to developing software for financial technology, this firm offers a team of talented app developers that can help with automation, improve trading results, and digitize financial services.

• Number of Heads: 64
• Geographical location: USA, New York
• Origin: 2009
• Range of Prices: Project-specific
• Key Services: iOS and Android App Development, Quality Assurance and Testing, Analytics Strategy, Pre-launch Support, Fintech Software Development Services, Time, Microsoft, iHeart Radio, Bloomberg, P&G

Willow Tree (4.9/5⭐)

Willow Tree works with top businesses to create digital products that have an impact on millions of people and make a difference in their lives. In order to foster an environment conducive to the production of novel products, the financial software development firm has eliminated both mental and physical barriers among its employees.

In addition to being a top fintech app development company overall, Willow Tree is highly skilled in making apps for financial services. It has worked in banking, insurance, and asset management, among other financial sectors. Compliance, MLROs, and finprom issues are all areas in which it is well-versed.

• Population Size: 100–500
• Location: Virginia, USA.
• Establishment: 2007
• Hourly rates : Fall between $150 and $200.
• Principal Clients: Electrify, HBO, Pepsi, McDonald’s, National Geographic United States
• Primary Offerings: Data Engineering, Generative AI 7, iOS App Development, Android App Development, Mobile Strategy, Software Development Services for Fintech, and More 

ArcTouch (4.9/5⭐)

In the realm of iPhone app creation, ArcTouch is synonymous with the most innovative firms in the world. Apps developed by them have been featured by innovative brands, Fortune 500 companies, and thriving startups. Their primary area of expertise is app development for several platforms (iOS, Android, and Xamarin), but they also help businesses with getting to know Alexa, learning APIs, building blockchain apps, augmented reality, and the IoT.

The feedback from Arctouch’s customers is consistently positive. When it comes to meeting exacting standards, nearly all of them support ArcTouch’s strategy, implementation, and production. In addition, the fintech software development company has a staff of well qualified technical individuals. Because of their meticulous nature and extensive background in the financial sector, the fintech companies they build are both easy to use and very safe.

• Number of Employees: 500
• Place: The United States of America, namely California
• Company establishment: 2008
• Range of Prices: Project-specific
• Popular Customers: Pringles, HP, Audi, Yahoo!, Canon
• Services Offered: API Development, Mobile App Development, QA, UX/UI Design, Product Strategy, Software Development for Fintech

Nimble AppGenie (5/5⭐)

For all your web and mobile design needs, contact Nimble AppGenie. Having worked on some of the world’s most prestigious web design and development projects for more than six years, they know what their clients need. The financial software development firm has finished more than 300 web development projects, so they live and breathe web development. Following these procedures guarantees that every project is constructed with the utmost care and precision, without sacrificing quality or going over budget. One of the most well-known and top financial app development businesses is Nimble. In order to improve their operations, it offers the greatest fintech solutions to financial organizations, insurance firms, and banks.

• Number of Employees: 11-50
• Location: London, United Kingdom.
• Establishment: 2016
• Cost: $5,000 per project estimate
• Top Clients: medu4, Dafri Financial
• Services Offered: Web Development, Blockchain App Development, Fintech App Development, Mobile App Development, and Handcrafted Software.

Y Media Labs (3.3/5⭐)

Developers of financial technology apps – Y Media Labs

When it comes to developing apps for iOS, Android, and the Responsive Web, Y Media Labs is a frontrunner when it comes to offering authentic visual design and testing. They have a talented staff that has developed custom IT solutions for both established businesses and new ventures. Y Media Labs is comprised of six global branches.

Virtual reality (VR), the internet of things (IoT), artificial intelligence (AI), and bespoke financial technology app development are three areas in which YML excels. In order to cement their positions as market leaders, the staff at this financial software development firm is devoted to creating first-rate IT experiences that go above and beyond customer expectations. Media outlets such as CNBC, Forbes, The Wall Street Journal, and TED Talks have featured their work, which has garnered accolades from prominent technocrats.

• Number of Employees: 250-1000 
• Place: California’s Silicon Valley, USA
• Originating in: 2009
• Hourly Rate: $150 to $200
• Famed Clients: Loreal, PayPal, Intro to Hours
• Services Offered: Digital Product 10, iOS App Development, Android App Development, Fintech Software Development Services 8. Clarion Technology

Clarion Technologies  (4.7/5⭐)

Clarion Technologies is the industry-leading app developer for financial technology (fintech) on both mobile and the web. Creative, novel, and user-focused solutions that aim to benefit businesses are its forte. In both the US and India, it is the top software development firm for financial applications.

The top Fintech app developers at Clarion Technologies collaborate with other divisions to learn about clients’ needs and niches, then design a unique solution that fits those specifications. In addition, they handle any essential adjustments to the app’s UI and internal functions.

• Number of Employees: 250 
• Geographical location: USA, New York
• Established in the year: 2000 
• Price range: $25 to $49
• Principals: Topline Systems, Tramp Media Productions, RLT Enterprises, Auto Services Direct, and Soft Tools Pro
• Services Offered: App Testing, Corporate App Modernization, Mobile App Development, E-commerce Development, and Fintech App Development. 

UppLabs  (4.9/5⭐)

UppLabs is another top fintech app development business on our list. The business has been creating unique solutions for its customers in a number of industries, such as manufacturing, healthcare, finance, and banking.

UppLabs is home to a group of the top fintech app developers who have created fintech solutions for several businesses. This team gathers government laws and creates reliable solutions. Their approach to developing apps is optimized to meet the needs of online, KYC, and payment solutions.

• Number of heads: 10 to 49
• Place: Kiev, Ukraine
• Establishment: 2014
• Range of Prices: $25 to $49
• Top Customers: Fliplet, One View, Recap Investing, Pocket Order, List Assist
• Important Services: Web development, UI/UX design, IT consulting, mobile app development, and fintech app development

Miquido  (4.9/5⭐)

With over a decade of expertise, Miquido is a prominent fintech app development business. Its staff of extremely knowledgeable and experienced financial app developers uses state-of-the-art technology to create reliable and creative solutions.

Miquido wants to revolutionize the way that people bank by providing banking services, or BaaS. To keep people interested, it incorporates a user-friendly interface into its solutions. Furthermore, to increase revenue, it incorporates Big Data, Machine Learning, and Artificial Intelligence into its solutions.

• Headcount: 249 out of 50
• Place: Kraków, Poland
• Establishment: 2011
• Range of Prices: $50 to $99
• Top Clients: Warner Music Group, Skyscanner, Global Eagle, Pando, and Onkyo
• Important Services: Cloud computing, artificial intelligence, IT staff augmentation, fintech app development, and custom mobile app development.

Developers EVNE, LLC  (5/5⭐)

EVNE Developers LLC is proud to employ a group of exceptionally talented fintech software developers. The company provides high-quality Fintech app development services with the goal of streamlining operations and improving transaction security.

In order to create distinctive and reliable solutions for its clients, it also makes use of state-of-the-art Fintech technology. The financial software development firm collaborates closely with its customers to fully comprehend their business needs and provide a tailored solution.

• Number of heads: 10 to 49
• Location: Tallinn, Estonia
• Established in 2011
• Range of Prices: $50 to $99
• Top Clients: ID Solutions, Delibroom, Skillbyte, Blue Ridge Mountain Resources, Vigonation
• Important Services: Web development, custom software development, UX/UI design, SaaS development, and fintech app development services

Appventurez (4.7/5⭐)

As one of the best Fintech app development firms, Appventures focuses on improving data security, digitizing business processes, and reinventing goods. It customizes their Fintech app development services to meet the needs of their clients.

The financial software development company creates solutions that propel enterprises and challenge established market norms by utilizing a transformational tech stack. It also incorporates cutting-edge features into its products to satisfy clients and adhere to industry standards.

• Headcount: 249-500
• Place: Noida, India
• Established in 2018
• Range of Prices: $25 to $49
• Top Customers: Amaze, School Fundi, Nimbus, PWC, and Fleet Support
• Important services include blockchain, Fintech, mobile, web, and custom software development.

Excellent WebWorld (4.9/5⭐)

For its clients, the financial software development company has created excellent Fintech solutions, including P2P payment, digital wallets, and trading and investment apps. It also uses state-of-the-art technology to create, develop, and implement applications that change the game.

With over ten years of experience, Excellent WebWorld is among the top Fintech app development firms. It has been assisting companies in a variety of industries, such as banking and finance, in creating unique solutions that meet their needs.

• Headcount: 249 out of 50
• Location: Ahmedabad, India.
• Established in 2011
• Range of Prices: $25 to $49
• Top Clients: Incentive Plus, Kodris Africa, Skriti, Telehealth Company, and Scrawled Media Pvt. Ltd.
• Important Services: Fintech App Development, Wearable App Development, UX/UI Design, Web Design, and IoT Development

Sombra (4.9/5⭐)

Sombra has gained a solid reputation for offering top-notch Fintech app development services. Through the provision of bespoke app development services, it has been assisting its clients in realizing their business objectives.

The team of highly qualified experts at the financial software development company uses their years of experience and knowledge to create solutions that are focused on business needs. Additionally, they use technology like data science, machine learning, and artificial intelligence to provide creative solutions.

• Count of people: 250–999
• Location: L’viv, Ukraine
• Established in: 2013
• Range of Prices: $25 to $49
• Top Customers: Divido, Womply, Legal Monkeys, The H Hub, and ZappySales
• Important Services: Staff Augmentation, Fintech App Development Services, Custom Software Development, IT Consulting, and Software Modernization

Brainhub (4.9/5⭐)

By concentrating on comprehending the demands of their clients and utilizing cutting-edge technology to create solutions that are ready for the future, Brainhub has earned a spot on our list of the best Fintech app development firms.

The group of designers, developers, QA analysts, and professionals from the Fintech sector collaborate to create a solution that is focused on business needs. The business has more than seven years of expertise using powerful technologies to solve Fintech issues.

• Headcount: 249 out of 50
• Location: Gliwice, Poland
• Established in: 2015
• Range of Prices: $50 to $99
• Top Clients: Paradox Interactive, TC Global, National Geographic, Jackbox Games, and Medicover GO
• Important Services: Cloud Consulting and SI, Web Development, AI App Development, Fintech Software Development Services, and Enterprise App Modernization

Appinventiv (4.8/5⭐)

Appinventiv is another of our list’s top Fintech app development service providers. The business has been providing the most dependable, scalable, and effective bespoke Fintech solutions to its clients.

With more than 350 committed Fintech specialists and 500 specialized Fintech solutions provided with a 95% client satisfaction rate, the fintech software development firm is proud of its workforce. Fintech professionals and IT specialists collaborate together to create unique solutions that give the company a competitive edge.

• Number of people: 250–999
• Location: United States, New York
• Established in: 2014
• Range of Prices: $25 to $49
• Top Customers: Pizza Hut, Tech M, NCR Retails, Asian Bank, and IKEA
• Important Services: Fintech Software Development Services, Mobile App Development, App Testing, Custom Software Development, UX/UI Design

Intellectsoft (4.9/5⭐)

With more than 15 years of experience, Intellectsoft is among the top Fintech app development businesses. The organization has been assisting companies in a variety of industries to create exceptional digital products that provide a cohesive user experience.

Intellectsoft handles all aspect of the Fintech solution, from design to implementation. It collaborates closely with its clients and upholds open communication throughout the project to gain a deeper understanding of their needs and tailor the solution.

• Count of people: 250–999
• Location: Miami, Florida, in the United States
• Established in: 2007
• Range of Prices: $50 to $99
• Top Customers: Pocket Dentist, Generational Equity, Investment Evolution, Mitsubishi, and Transplant Hero
• Important Services: Digital Strategy, Fintech App Development, Web Development, 

DXC Technology (3.6/5⭐)

Renowned for providing excellent Fintech app development services is DXC Technology. It has been assisting companies all around the world in digitalizing and revolutionizing their operations in accordance with industry standards.

DXC Technology is a firm believer in maintaining an updated technology stack, which allows it to take advantage of new developments in the field to provide unique and durable solutions that satisfy customer needs. In addition, the fintech software development business provides post-deployment support and maintenance to ensure timely solution upgrades.

• Number of Employees: More than 10,000
• LocationVirginia, USA 
• Established in: 2017
• Cost Range: Not Available
• Top Customers: Dream Works, Lockton, Nissan Motor Corporation, NHS Supply Chain
• Important Services: Fintech App Development, Cloud Consulting & SI, IoT App Development, Back Office Outsourcing, and Business Consulting

Avanade (4.1/5⭐)

Avanade was founded in 2000 and has provided IT services and consulting for more than 20 years. It has been creating bespoke, business-driven solutions for companies in a range of industries. In addition to providing mobile app development services, it assists clients with application management, evolution, and upgrading.

In order to keep engineers abreast of emerging technology, the fintech app development company also invests in employee training initiatives. It builds creative, cutting-edge solutions by utilizing cutting-edge technology like artificial intelligence and machine learning.

• Number Of Employees: More than 10,000 people 
• Location: Seattle, Washington, USA
• Established in: 2000
• Range of Prices: $200 to $300
• Top Clients: American Dental Association, Baerum Municipality, Adachi Gakuen, BMZ Group, and Adaptec Solutions 
• Important Services: Mobile App Development, Cloud Consulting and SI, ERP Consulting and SI, Fintech Software Development Services, CRM Consulting and SI

Eleks (4.8/5⭐)

It is among the most reputable Fintech app development companies in the market, having been founded in 1991. The goal of the fintech software development firm is to create and provide clients in the banking and finance sector with outstanding financial software solutions. Through its operations, it focuses on resolving problems such as increased transaction fees and inefficient operations.

Eleks’s data analysts assist companies in analyzing data and deriving insightful conclusions from it so that decisions are informed by facts. Additionally, it aids in the creation of risk prediction systems that compute operational hazards instantly, giving businesses an advantage over competitors.

• Number Of People: 1,000 to 9,999
• Location: Tallinn, Estonia
• Established in: 1991
• Range of Prices: $50 to $99
• Top Customers: Autodesk, WellAir, TAIT, Acino, and Blackboard
• Important Services: Fintech App Development Services, Product Design, Cybersecurity, Custom Software Development, BI & Big Data Consulting, & SI

Virtusa (3.7/5⭐)

The organization pledges to offer its customers complete digital business solutions. The financial software development company employs a diverse team of talented developers, creative designers, seasoned testers, and subject experts who collaborate to support organizations as they grow, evolve, and modernize.

Virtusa’s team of specialists uses agile development methodology, a strong industry-oriented strategy, and their extensive knowledge of digital to help their clients realize their vision.

• Number of people: 1,000–9,999
• Place: Chennai, India
• Established in 1993
• Cost: less than $25 per hour
• Important Services: Fintech App Development, Custom App Development, BI & Big Data Consulting & SIt, Web Development

Leeway-Hertz (4.7/5⭐)

With more than 15 years of expertise developing custom mobile apps, LeewayHertz is another top Fintech app development service company on our list. The company’s mission is to provide cutting-edge, safe software for banks and financial institutions.

The top financial app developers at LeewayHertz have worked with blockchain, artificial intelligence, machine learning, and the Internet of Things (IoT). These technologies are used in their solutions to modernize operations, add security, and automate jobs.

• Headcount: 249 out of 50
• Location: United States, San Francisco, California
• Established in 2007
• Range of Prices: $50 to $99
• Top Customers: Johnson and Johnson, NASCAR, ESPN, Hershey, and McKinsey
• Important Services: Blockchain, Fintech App Development, AI Development, Generative AI, Custom Software Development

Altamira (4.9/5⭐)

If you’re searching for a cutting-edge financial app development business, Altamira, one of the most well-known providers of AI and ML solutions, might be your best option. This team works closely with the customer, comprehends and maps out their requirements, and, prior to starting the process, works with the client to create a clear and coherent timeframe.

They are a pleasure to deal with and provide their clients with high-caliber, high-performing solutions.

• Headcount: 249 out of 50
• Location: Slovakia’s Bratislava
• Established in: 2011
• Range: $25 to $49 per hour
• Aquiline Drones, PEI Services, Lee Riding, Daryn Dalton, and Aaron Betz are among their top clients.
• Important Services: Fintech Mobile App Development, Custom Web Development, AI Development, and Generative AI

CronJ (3.5/5⭐)

Another leading fintech app development business in India with years of experience working with clients from around the world. CronJ is renowned for its sophisticated solutions and rapid response times. They have been in the company for ten years and have worked on over 400 projects from different business verticals.

• Headcount: 249 out of 50
• Location: Bengaluru, India
• Establishment: 2012
• Cost: $5 to $25 per hour
• Top clients: Apollo Hospitals, Wigwag, Cairn India, Aberdeen, Mood Media, Winshuttle, and 9X Media.
• Core Services: Fintech App Development, Custom Software Development, AI Development, Web Development, UX/UI Design

Fueled  (4.9/5⭐)

For more than a decade, Fueled has been among the top financial software development firms in the business. They employ about 200 developers who have completed projects across a range of industry verticals. Their specialty is AI-based solutions, and they have offered some distinctive and intriguing solutions that have aided their clients in making a name for themselves online.

They have assisted them in achieving their objectives by keeping the consumer at the center of their attention. Their tech stack selection and UI/UX enable them to create innovative solutions within strict deadlines.

• Headcount: 249 out of 50
• Established in 2007
• $75,000+ is the minimum project size.
• Average Hourly Rate: $150–$199 per hour
• Location: New York
• Top Clients: Mgm Resorts International, 9gag, Harvard, Rite Aid, Verizon, Crunchbase
• Key Services: Mobile App Development, Fintech Software Development Services, UX/UI Design, Blockchain App Development, Web Design, Web Development

Zco Corporation (4.8/5⭐)

An innovative finance software development business that helps clients build their presence in the market. They work on the latest technology and assist clients achieve competitive advantages. Their team examines the market well and produces a buyer persona to understand the requirements of the clients.

If you want to give your financial app idea a genuine picture, then join with them and go to the top of your business ladder.

• Founded Year: 1989
• Headquarters: Nashua, New Hampshire
• Headcount: 201 to 500
• Hourly Avg. Cost: $50 to $99
• Top Clients: Volkswagen, Bushnell, EVERSOURCE, Verizon, Microsoft, Golf Logix
• Key Services: Augmented Reality and Virtual Reality, Custom ewallet app development, Hybrid App Development, 3D Animation Services, Enterprise Software Solution, Fintech Software Development Services

TechAhead  (4.8/5⭐)

The organization is one of the top-rated financial software development companies in the USA. With outstanding services that are in line with the client’s needs and business strategy, they have won a lot of recognition in the market. They are known for their experimentation with breakthrough technology and offering unique solutions.

• Founded Year: 2009
• Headquarters: Agoura Hills, California
• Companys Size: 201 to 500
• Key Client: Great American Insurance Company, The Healthy Mummy, Allianz, AUDI, Digi International
• Hourly Avg. Cost: $25 to $49
• Key Services – Mobile App Development, UI/UX Design, React Native App Development, Fintech Software Development Services, Digital Wallet Application Development, and Xaramin App Development

Daffodil Software  (4.6/5⭐)

The next leading fintech software development business on the list is Daffodil Software. The company’s headquarters are in Gurugram, India, and hence, it has the advantage of working with the top minds in the market. If you are a startup or an enterprise, irrespective of the size of the firm, you may contact them effortlessly.

Get scalable solutions with a staff that can help you develop a strong brand identity in the market. They understand the legal limits and compliances that come with fintech app development services and help you be at the top of your game.

• Founded Year:1999
• Headquarters: Gurugram, India
• Company Size: 1,000 to 9,999
• Key Clients: Mount Sinai Hospital, Siemens Healthineers, MayaMd, Ai-based telehealth platform, Acuity Eye Group, Apollo 24×7, Ziqitza Healthcare,
• Hourly Average Cost: $25 to $49
• Key Services: Custom Software Development, Fintech App Development, AI Development, 

Rangle.io  (3.6/5⭐)

Another award-winning banking app development business on the list is Rangle.io. They have a list of app development services that can help you with your business concept from scratch. The team of specialist financial app developers is extremely skilled and experienced and builds smooth applications with unsurpassed user experiences.

• Founded Year: 2013
• Headquarters: Toronto, Canada
• Company Size: 50 to 249
• Key Services: Custom Software Development, Financial Mobile App Development, Fintech Software Development Services, AI Development

ScienceSoft  (4.8/5⭐)

If you are seeking a financial app development company that will help you with your business concept from ideation to scalability, then ScienceSoft is your stop. This is one of the oldest yet relevant companies on the list. What makes it relevant to date is the fact that it has evolved with changing trends and delivers solutions that are in line with the latest technology and tools.

• Founded: 1989
• Headquarters: New York, NY, United States
• Company Size: 250 to 999
• Hourly Average Price: $50 to $99 / hr
• Top Clients: Ford Motor Company, Deloitte, eBay, Walmart, Heinz, Nestle, IBM, NASA JPL, T-Mobile, M&T Bank, Viber, PerkinElmer, Enonic, Tieto, Koch Media, Visma, Airpas, Leo Burnett, Baxter, Pointlogic.
• Key Services: Custom Software Development, IT Managed Services, Fintech Software Development Services, Financial Mobile App Development, Application Testing, Web Development

What Does the FinTech App Development Company Do?

Any corporation thinking about putting money into financial technology should look into hiring a reputable fintech app development company. Developing high-quality applications and other solutions for the financial sector with an emphasis on security and an engaging user experience is best handled by a seasoned fintech software development firm.

These fintech companies stay up-to-date with the newest developments in the fintech industry and employ cutting-edge technology to create a product that is extremely user-friendly, engaging, and efficient, all while prioritizing safety.

Who Should Hire Financial Software Development Companies?

Are you a startup, a business owner, or an organization looking to connect a digital wallet app with your solutions? Do you have a digital wallet and P2P payment app idea that makes you the industry leader?

If yes, then partner with the most reputable financial app development company to build a digital transaction experience for your users that is safe, secure, and credible. Hire a professional E-wallet app development team from Appic Softwares to see how we convert your idea into a working reality.

With digital transactions being so easy, the biggest problem that arises is cybersecurity and digital fraud. You can connect with a reliable financial app development company, that can help your business embrace new advanced security solutions. Some of the top industries that have associated with us for digital wallet creation services are:

• Banks
• Financial institutions
• Insurance agencies
• Credit card companies
• Stoke brokerage firms & more

Our e-wallet app development team applies the newest technology and security procedures to assure the greatest levels of security, safety, legal validations, and credibility.

Different Apps Fintech Software Development Company Create

Fintech is an umbrella term that describes different applications and sectors that employ digital transactions and technologies. Top fintech app development businesses produce numerous digital transaction solutions, depending on your business type and requirements.

Payment Gateway

One of the demands that most organizations make is to establish a custom payment gateway for their solutions. Our best fintech app developers can offer easy payment solutions so that consumers do not have to switch between the applications to make payments.

E-Wallet Application

We can design e-wallet applications that are safe and secure. Users can make transactions over the application without worrying about their data being at risk. From cashless to cardless payments, we make sure users get all the ease and security they may need.

Loan Lending Applications

Advance cash and loan lending programs are gaining popularity due to the ease and convenience they give to consumers. With minimal paperwork and auto debit possibilities, customers find it easier to borrow and repay money using mobile programs than banks and other sources.

Banking Applications

With the digital transformation in the industry, banks too have moved most of their services online. We can help you establish, manage, update, or transfer your banking solution to the latest technology with sophisticated security features.

Insurance Applications

Insurtech app developers with Appic softwares may construct an insurance management application that makes it easier for users, insurance firms, and agents to communicate and transact without any physical communication.

Investment Applications

From personal finance applications to stock marketing and budgeting applications, the fintech app development business can offer solutions for all kinds of solutions. With our easy-to-use solutions, consumers can manage, check, and track their investments hassle-free.

You can get in touch with the best fintech app developers to get a fintech app based on your business.

Challenges Of Developing Fintech Apps

Fintech applications deal with sensitive consumer information, and it is one of the most regularly targeted industries for cyber-attacks. When you engage with fintech app development services, there are a few problems they may experience when producing an efficient solution.

Cybersecurity

One of the major issues in the finance business is fighting cyber fraud. Partner with our fintech app development firm to receive a solution that guarantees the utmost protection against data breaches and any fraudulent activity. We deploy powerful AI technology that notifies users of any odd behavior in their’ accounts

The quality analysis and testing team uses penetration testing to find at what point the application can be susceptible. We also utilize encryption, and 2FA to guarantee the users verify themselves before using the application. Also, our professionals comply with the OWASP criteria to protect users’ data against any effort to hack

Artificial intelligence And Big Data

Custom fintech app development offers you a lot of chances to elevate your organization and offer superior services. Statistics reveal that over 77% of the largest financial institutions globally will employ AI to construct smart and intuitive FinTech apps. Our professionals integrate powerful AI and data analytics to help you keep your e-wallet solutions safe and secure.

One difficulty that every FinTech app development company may face is a lack of AI and big data expertise. However, most development organizations these days have a staff of experts who can work on these technologies.

Choosing The Right Tech Stack

The correct tech stack isn’t only the latest technology, it is picking a set of technologies for front-end and back-end development that corresponds with the client’s needs and budget. Your team has to be able to match the requirements with the available technology to create a feasible solution.

These are some of the most prevalent obstacles that every fintech app development company may experience when working on any new project.

Final Thoughts

Apps related to money and banking are becoming more popular daily. More and more individuals are using mobile banking apps to accomplish a whole lot of banking on the go, including seeing account balances, applying for loans, sending and receiving money, paying bills, trading, and investing.

Get in touch with a reputable fintech mobile app development company right now if you want to cash in on this rising tide of fintech apps. One of the world’s foremost financial app development companies, Appic Softwares, has built e-wallet apps for customers all over the world. If you are interested in developing a fintech mobile app, contact us immediately for a free consultation.