How Much Does It Cost To Create A Fintech App?
The fintech app development cost depends on several factors such as the UI/UX of the app, the list of features you want in it, the tech stack, and more. Here are some factors that affect the cost of development:
The Project Size
The finance app development cost depends on the list of features you want in your app. If you want an app that is feature-loaded then the cost would be more, moreover, if you are looking for a Fintech MVP then the cost will be considerably low.
Tech Stack Used
If you are using a futuristic tech stack such as Python in fintech or AI/ML in fintech then the cost of development will be high. Similarly, the cost would be less if you use commonly used technologies for the development.
Regulatory Compliance
Fintech apps must adhere to financial regulations and standards (e.g., GDPR, PCI-DSS). Ensuring compliance can add to development costs as it requires thorough R&D.
Moreover, in the end, finance app development cost at Appic Softwares ranges $10k to $80K depending on the above-listed factors.