Fintech Software Development

Top Fintech Software Development Companies

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Fintech Software Development Companies have a 4.7 avg. rating from 2,889 verified reviews

Are you looking for a credible fintech software development company to optimize your financial operations? Explore our carefully selected directory of top-tier fintech software developers, assessed based on verified client reviews, their portfolios, and expertise, among other criteria. Utilize our reviews, budget, and hourly rate filters to discover your ideal business partner and enhance your services and transactions. 

We thoroughly reviewed over 500 fintech software development companies globally to curate a short list of the best companies in the industry. Our in-depth analysis concentrates on their technological proficiency, service spectrum, project showcases, customer testimonials, pricing models, and industry accolades. Learn about our rigorous selection methodology and how we identify the best players in the fintech software development industry. 

The Number 1 Fintech Software Development Company as Selected by DesignRush Is:

1. Geniusee

Geniusee homepage-screenshot
[Source: Geniusee]
  • Best for: Overall
  • Average hourly rate: $40
  • Minimum budget: $25,000 - $50,000
  • Founded: 2016
  • Size: 100 - 249
  • Location: Kyiv, Ukraine
  • Notable clients: DigitalBits, WayWiser, Keep, Zedosh, Zytara

Geniusee specializes in fintech software development, fortified by strategic partnerships with AWS, Galileo, Plaid, and Finicity. The company offers a comprehensive suite of services, from financial data management and fraud detection to advanced blockchain and predictive analytics solutions. Its extensive portfolio includes banking portals, digital banking solutions, eWallets, and robust wealth management systems. Recognized by Forbes, Geniusee focuses on delivering secure, tailor-made software catering to the unique demands of each client.

Geniusee and DigitalBits collaborated to develop a robust blockchain-based ecosystem centered around the XDB cryptocurrency. The project required a wide range of services, including business analysis, web and mobile development, user interface, and user experience (UI/UX) design, all tailored to the unique demands of the fintech industry. Key challenges included creating web and mobile wallets for secure money transfers, developing a financial dashboard for blockchain performance tracking, and ensuring a scalable architecture capable of handling high traffic loads.

The collaboration yielded the DigitalBits blockchain, a versatile platform for creating digital assets like branded currencies and stablecoins. This infrastructure supported high-load traffic, ensuring optimal response times globally. The partnership led to forming a comprehensive ecosystem of applications integrated with DigitalBits. This facilitated the exchange of loyalty coins using DigitalBits tokens and enhanced the liquidity of traditionally non-liquid digital assets through on-chain token transfers and trades.

Check Geniusee Agency Profile

2. Diceus

Diceus homepage-screenshot
[Source: Diceus]
  • Best for: Insurance software development
  • Average hourly rate: $45
  • Minimum budget: $1,000 - $10,000
  • Founded: 2011
  • Size: 250 - 499
  • Location: Wroclaw, Poland
  • Notable clients: BriteCore, Teambase, RiskPoint, SMART VALOR, Insly

Since its inception in 2011, Diceus has delivered specialized software solutions for the insurance, banking, and finance sectors, all backed by a global presence and a strong team of over 250 tech professionals. Its insurance offerings encompass a broad spectrum, from crafting omnichannel customer experiences with digital channels to advanced risk management with (artificial intelligence) AI integration. The fintech software development company also excels in developing secure and compliant core banking systems. In finance, it provides a comprehensive suite of services, including payment systems and regulatory compliance solutions.

Diceus took on the challenge of enhancing BriteCore’s Property and Casualty (P&C) insurance core platform to create an intuitive and efficient operations ecosystem. The project involved developing BriteCore’s internal administrative cash flow management and budgeting app, alongside participation in its Community Code Contribution program. Diceus worked closely with BriteCore engineers to develop key products like BriteApps, BriteQuote, and BriteDocs. They focused on mobile and desktop solutions that integrate seamlessly with the BriteCore platform and meet specific carrier needs.

The collaboration brought significant value to BriteCore, notably through the BriteApps policyholder portal. It improved user experience by offering a new digital channel for policyholders to manage their insurance needs efficiently. Key features like enhanced security through biometric authentication, streamlined communication via a centralized message center, and configurable quoting wizards in BriteQuote improved operational efficiency and user engagement.

Check Diceus Agency Profile

3. Praxent

Praxent homepage-screenshot
[Source: Praxent]
  • Best for: Fintech UX design
  • Average hourly rate: $50
  • Minimum budget: $10,000 - $25,000
  • Founded: 2000
  • Size: 50 - 99
  • Location: Austin, TX
  • Notable clients: Meriwest Credit Union, Nymbus, Codat, Neocova, Banker’s Toolbox

Praxent is a leading fintech UX design and engineering firm boasting a robust team of over 100 experts. Specializing in various services, including cloud solutions, and web development, it has successfully delivered over 400 projects. Praxent drives clients’ rapid market entry, modernizes systems, and refines the fintech customer journey. The firm adeptly addresses industry challenges like stakeholder misalignment and brand relevance, positioning clients for success in the dynamic fintech arena.

Meriwest, a $2 billion credit union, partnered with Praxent to enhance its digital user experience and streamline the member onboarding process. Faced with challenges in its digital transition and member drop-off during account opening, Meriwest collaborated with Praxent for a thorough UX overhaul. The result was a redesigned, more intuitive website and onboarding experience, drastically reducing the steps needed for new members to join and open accounts.

The project’s success led to a more consistent and engaging digital journey for existing and prospective members. Onboarding clicks, previously ranging from seven to ten, were reduced to just two to three. Satisfied with the improvements, Meriwest decided to prepare for the next phase, aiming to extend these enhancements to its online banking and mobile platforms with Praxent’s continued expertise.

Check Praxent Agency Profile

4. UppLabs

UppLabs homepage-screenshot
[Source: UppLabs]
  • Best for: Taxtech solutions
  • Average hourly rate: $40
  • Minimum budget: $50,000
  • Founded: 2014
  • Size: 50 - 99
  • Location: Kyiv, Ukraine
  • Notable clients: Tax1099, Recap Investing, Limehome, Ukrsutki, List Assist

UppLabs specializes in security, compliance, and efficiency, helping businesses navigate the rapidly changing financial market. Its expertise includes web and mobile development, AI-based solutions, as well as online trading, money transactions, and exchange platform engineering. Additionally, it specializes in payment systems integration and optimization, and the maintenance and modernization of existing financial services. Proficient in fintech areas like cryptocurrency, blockchain, regtech, and insurtech, UppLabs offers solutions for stock-trading apps, cybersecurity, mobile payments, open banking, conversational interfaces, and robotic process automation (RPA).

Tax1099, an award-winning IRS-authorized eFiling platform, faced performance issues with its outdated legacy solution, which couldn’t support more than 2,000 real-time users. The monolithic architecture made it difficult to scale, so UppLabs offered two options: rebuild the system from scratch or implement microservice to address critical performance issues. The latter option was chosen. The fintech software development company gradually migrated the legacy product to microservices, introducing a Public Getaway application programming interface (API).

Within two months, the solution’s performance tripled, enabling it to handle a higher volume of real-time users. The migration to microservices architecture and introduction of a Public Getaway API set the foundation for future scalability and efficient communication. UppLabs’ expertise in legacy code support and effective collaboration helped overcome challenges and raise the software development standard. The Tax1099 platform is now better equipped to support its core business goals and deliver improved user service.

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5. Kindgeek

Kindgeek homepage-screenshot
[Source: Kindgeek]
  • Best for: Fintech cybersecurity
  • Average hourly rate: $40
  • Minimum budget: $25,000 - $50,000
  • Founded: 2015
  • Size: 100 - 249
  • Location: Lviv, Ukraine
  • Notable clients: The Interface Financial Group, Jaja, SFLend, Asoko Insight, HyperJar

Kindgeek is a one-stop-shop for fintech solutions, helping businesses quickly bring fintech products like digital wallets and neobanks to market. It offers full-cycle development, from crafting custom banking and payment solutions to ensuring regulatory compliance and robust product management. With expertise in developing various fintech applications and its core banking white-label platform, Kindgeek simplifies market entry through its pre-built solution constructor, melding ready-to-use features with customization. Leveraging technologies such as AI, blockchain, crypto, non-fungible tokens (NFTs), cybersecurity, and cloud computing, the fintech software development company stands at the forefront of fintech innovation.

Kindgeek had to develop a secure and efficient back-end architecture for SFLend, an innovative P2P investment platform. It was critical to build a system that was resilient to attacks, capable of handling large traffic, and adaptable for future expansions. Implementing strong end-to-end encryption for data transfers while preserving platform performance was very difficult. The solution required substantial study, rigorous testing, and a precise quality assurance approach to discover and resolve any vulnerabilities or flaws.

As a result, SFLend’s iOS and Android apps launched seamlessly, offering consumers a dependable and user-friendly solution for investing in loans, managing interest rates, and withdrawing funds. The platform’s design, led by SFLend’s corporate identity and focused on user-friendly procedures, reduced user effort, allowing them to concentrate on making investment decisions.

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6. Hexaview Technologies

Hexaview Technologies homepage-screenshot
[Source: Hexaview Technologies]
  • Best for: Fintech security solutions
  • Average hourly rate: $35
  • Minimum budget: $10,000 - $25,000
  • Founded: 2010
  • Size: 250 - 499
  • Location: New York City, NY
  • Notable clients: LPL Financial, NIIT Technologies, White Oak, Nestlé, Adobe

As one of the world’s Most Innovative 100 WealthTech Companies, Hexaview Technologies has established itself as a trusted provider of feature-rich financial software solutions, serving leading banks and financial institutions. It provides a range of fintech software development solutions in wealth management and investment, digital lending and alternative financing, capital and stock market, digital banking, and insurtech sectors. The fintech software development company’s offerings entail a comprehensive product development strategy and cutting-edge technologies like AI, machine learning (ML), big data, and blockchain.

Hexaview Technologies collaborated with a New York-based public benefit corporation dedicated to revolutionizing business and customer account-opening experiences. Its primary mission was to make account onboarding accessible, efficient, and secure while introducing a "Stripe for Onboarding" service and a global initiative, the Open Trust Protocol. Challenges included improving fraud detection, optimizing API performance, and creating new software development kits (SDKs).

Hexaview provided a comprehensive fraud detection solution, including data pre-processing, custom model development, integration, and SDK creation. The impact was impressive, with a 25% increase in application acceptance rates, a 7% reduction in fraud rates, enhanced performance, streamlined onboarding, and significant financial benefits.

Check Hexaview Technologies Agency Profile

7. Netguru

Netguru homepage-screenshot
[Source: Netguru]
  • Best for: Mobile banking solutions
  • Average hourly rate: Inquire
  • Minimum budget: $10,000 - $25,000
  • Founded: 2008
  • Size: 500 - 999
  • Location: Poznań, Poland
  • Notable clients: UBS, Volkswagen, Keller Williams, Merck, OLX Group

Over the last 15 years, Netguru evolved into the leading digital consultancy in the EU, with over 600 specialists and 1,000 completed projects. Utilizing personalization, automation, and AI, it sets a new standard for digital excellence in the fintech industry. With a strong focus on creating personalized products and frictionless experiences, the fintech software development company delivers solutions that drive customer-centricity and streamline operations. Its expertise includes next-gen personalized banking, open finance, and accelerated business operations, leveraging technologies like machine learning operations (MLOps) and AI-powered data quality. Netguru serves various financial sectors, including banking, insurance, and wealth management.

UBS, a leading investment bank, partnered with Netguru to enhance its mobile banking app for private clients. The project focused on creating a seamless, mobile-first user experience, ensuring consistency across all app features. Netguru collaborated with UBS’s design team to implement a refreshed app design, which included a smoother login process, intuitive in-app navigation, and a user-centric home screen. The team also integrated market analysis, usability testing, and best practices sharing to enhance the app’s design and functionality.

The collaboration yielded significant results, with the app featuring newly designed payment functions, a streamlined login process, and improved navigation. The new design offered users a comprehensive view of their financial health, personalized insights, and product suggestions. Integrating a native design approach and a systematic process for enhancing and adding new components to the app contributed to a smoother and more engaging user experience, aligning with UBS’s high standards.

Check Netguru Agency Profile

8. Softjourn

Softjourn homepage-screenshot
[Source: Softjourn]
  • Best for: Payment processing solutions
  • Average hourly rate: $50
  • Minimum budget: Inquire
  • Founded: 2001
  • Size: 100 - 249
  • Location: Fremont, CA
  • Notable clients: Noca, Card Tent, Tacit, Bullet, iKobo

For nearly two decades, with a team of over 300 experts and 1,000 projects completed, Softjourn has collaborated with fintech companies and financial institutions, providing project-specific solutions or augmenting in-house tech teams. Its fintech expertise includes technology and cloud consulting, payment security and processing, expense management, prepaid cards, money transfer operations (MTO), know your customer (KYC), and digital wallets. Additionally, it operates with expertise in open APIs and secure implementation of European Union’s Payment Services Directive (PSD2).

Noca, a forward-thinking startup from California, partnered with Softjourn to revolutionize payment processing through its innovative Secure Check™ platform. Aiming to offer a cost-effective alternative to conventional card payments, Noca faced the challenge of optimizing its platform to ensure low transaction fees and heightened security for electronic checks. Softjourn established a robust production testing environment, paving the way for comprehensive development and enhancement of the Secure Check system.

The collaboration led to substantial advancements, notably improving transaction processes, customer service, and security measures and expanding market reach through API integrations. The introduction of the Secure Check system marked a significant stride in fintech. It showcased Softjourn’s ability to support startups like Noca in disrupting traditional payment methods and setting new benchmarks for efficiency and security in electronic transactions.

Check Softjourn Agency Profile

9. S-PRO

S-PRO homepage-screenshot
[Source: S-PRO]
  • Best for: Crypto solutions
  • Average hourly rate: $50
  • Minimum budget: $25,000 - $50,000
  • Founded: 2014
  • Size: 250 - 499
  • Location: Berlin, Germany
  • Notable clients: CoinMENA, Zondacrypto, Treezor, Earlybird, Stableton

S-PRO is one of the leading fintech software development companies specializing in custom banking and financial services solutions. Its comprehensive services cover ideation, mobile/web app development, solution architecture, quality assurance, UI/UX design, and ongoing maintenance. S-PRO’s expertise spans various fintech domains, including digital banking, lending platforms, eCommerce, crypto, insurtech, and stock trading. With access to top fintech talent, the company excels in regulatory compliance, blockchain solutions, and API integration, making it a trusted partner for financial companies.

In collaboration with a prominent financial institution in the Middle East and North Africa (MENA) region, S-PRO successfully developed a Sharia-compliant crypto exchange platform known as CoinMENA. Headquartered in Bahrain and licensed by the Central Bank of Bahrain (CBB), CoinMENA allows users to securely buy, sell, store, and transact digital assets. The platform also facilitates deposits and withdrawals in local currencies. Challenges included navigating the diverse regulations, building user trust through robust security measures, and tailoring the platform to meet the specific language and cultural preferences of the MENA region.

S-PRO's solution incorporated regulatory compliance, stringent security measures, and localized user experience. This resulted in increased user adoption, regulatory trust, and an enhanced reputation for the financial institution. The institution became a trusted leader in the MENA crypto market, contributing to the region’s growth and digital transformation of financial services.

Check S-PRO Agency Profile

10. Software Mind

Software Mind homepage screensshot
[Source: Software Mind]
  • Best for: Payment systems
  • Average hourly rate: $99
  • Minimum budget: $50,000
  • Founded: 1999
  • Size: 1000 & Up
  • Location: Kraków, Poland
  • Notable clients: CSL, Mortgage Advice Bureau, Branch, Voice of Fire, Travel Counsellors

With over 20 years of experience in fintech software development, Software Mind offers a comprehensive range of services, including product design, digital transformation, data science, AI, open API integration, as well as cloud and software as a service (SaaS) solutions. Its expertise is backed by Service Organization Control Type 2 (SOC 2) certification, dedicated security officers, and a strong focus on transparency and compliance with international and local regulations. The company supports Open Banking integrations, payment processing, accounting, wealth and asset management, as well as omnichannel, corporate, and retail banking. It also serves the insurance, and savings and loans sector.

A leading gaming technology and integrated lottery operator sought to diversify its operations by offering customers the ability to purchase mobile phone top-ups and pay bills through its existing lottery infrastructure. To meet the tight deadline of six months and achieve 24/7 service with 99.9% availability, the client partnered with Software Mind.

Software Mind successfully delivered the project within the planned timeline and with a budget that was 25% under the initial estimate. In the first week following the service launch, the system handled over 70,000 daily transactions without a single failure, showcasing its robustness and reliability. Subsequently, the system gained popularity among hundreds of thousands of customers, significantly boosting the client’s revenue and solidifying its position as the market leader in the gaming and lottery industry.

Check Software Mind Agency Profile

How We Picked the Best Fintech Software Developers

Our team’s rigorous selection process, involving industry experts and previous agency owners, ensures that we only feature the top service providers.

The DesignRush team has identified the best fintech software development companies based on the following criteria:

  • Verified client feedback: Quality of work, client satisfaction, and agency expertise
  • Portfolio: A history of successfully executed fintech software development projects
  • Awards and press mentions: Proof of industry repute and trust
  • Team bios: Workforce profiles and qualifications
  • Top services: Core service offerings and areas of focus
  • Fintech software development expertise: Competence in regulatory compliance, data security, and various fintech-related technologies

For more details on our selection process, visit our DesignRush Agency Ranking Methodology.

10 Most Popular Fintech Software Development Companies Compared

Agency nameLocation Hourly rateSizeBest for
GeniuseeKyiv, Ukraine$40100 - 249Overall
DiceusWroclaw, Poland$45250 - 499Insurance software development
PraxentAustin, TX$5050 - 99Fintech UX design
UppLabsKyiv, Ukraine$4050 - 99Taxtech solutions
KindgeekLviv, Ukraine$40100 - 249Fintech cybersecurity
Hexaview TechnologiesNew York City, NY$35250 - 499Fintech security solutions
NetguruPoznań, PolandInquire500 - 999Mobile banking solutions
SoftjournFremont, CA$50100 - 249Payment processing solutions
S-PROBerlin, Germany$50250 - 499Crypto solutions
Software MindKraków, Poland$991000 & UpPayment systems

Best FinTech Software Developers

829 Companies
Rankings updated: September 14, 2024
  • ELEKS

    ELEKS, a trusted partner for guaranteed software engineering excellence, quality, and transparency.
    ELEKS is the partner of choice for many leading enterprises, SMEs and technology challengers. We help businesses elevate their value through custom software development, product design, QA and  [... view the full profile of ELEKS]
    Chicago, Illinois
    1000 & Up $50/hr $25,000 - $50,000
    VISIT WEBSITE
  • Top Rated: 5-star Average Reviews
    DesignRush Design Award Winner
    Get what matters!
    Suffescom is a leading mobile app development company offering top-notch solutions across diverse industries.  [... view the full profile of Suffescom Solutions Inc]
    Los Angeles, California
    250 - 499 Inquire $10,000 - $25,000
    VISIT WEBSITE
  • Simform

    Your Product Engineering & Gen AI Partner
    Simform is a premier product engineering services company specializing in Cloud/MACH architectures, DevOps automation, Data Engineering, Generative AI and Machine Learning to create seamless digital  [... view the full profile of Simform]
    Orlando, Florida
    1000 & Up $30/hr $25,000 - $50,000
    VISIT WEBSITE
  • Trango Tech

    Driving Change Through Technology - Apps, Ecommerce, Staff Aug, BPO, Next Gen Tech and more!
    We are the nerds that every company wants in their tech division; experience, innovative and imaginative to the core!With more than 200 innovative software products and solution delivered, Trango  [... view the full profile of Trango Tech]
    San Jose, California
    100 - 249 Inquire $1,000 - $10,000
    VISIT WEBSITE
  • Devexperts

    Award-winning UI/UX design for financial apps
    Devexperts develops and designs innovative financial software solutions. Their signature modern, sleek UI is used by some of the industry's largest trading platforms, including Avatrade, Deriv, FTMO  [... view the full profile of Devexperts]
    Jersey City, New Jersey
    500 - 999 Inquire Inquire
    VISIT WEBSITE
  • SENLA

    Software Engineering Laboratory
    SENLA is a custom software development company with a proven track record and 5 EU locations. Our team of 700+ certified technical specialists and managers has an impressive expertise in a full-cycle  [... view the full profile of SENLA]
    Warsaw, Poland
    500 - 999 $49/hr $10,000 - $25,000
    VISIT WEBSITE
  • Groovy Web

    DesignRush Design Award Winner
    Top Mobile App and Web Development Company.
    Groovy Web is highly recommended for building cutting-edge digital solutions like web, mobile apps, SaaS, MVP, MERN, bots, and browser extensions to help businesses ranging from startups to mid-sized  [... view the full profile of Groovy Web]
    Texas, Kentucky
    100 - 249 Inquire Inquire
    VISIT WEBSITE
  • Cubix

    Building Custom Software and Mobile App Solutions Since 2008
    Cubix is the preferred partner for Fortune 500 companies, SMEs, and enterprises. We help businesses innovate, transform, and scale through cutting-edge mobile app, and custom software solutions.  [... view the full profile of Cubix]
    West Palm Beach, Florida
    250 - 499 $30/hr $25,000 - $50,000
    VISIT WEBSITE
  • Light IT

    Deep tech expertise for SME
    Light IT provides the following services on the global tech market:- consulting clients on IT products and services- custom product and software development- provision of resources at the  [... view the full profile of Light IT]
    Rickmansworth, United Kingdom
    100 - 249 $40/hr $10,000 - $25,000
    VISIT WEBSITE
  • Diffco

    Your trusted partner for software development and team augmentation
    Diffco is a global software development and team augmentation company based in Silicon Valley. With over 16 years of experience delivering robust software solutions in mobile, web, and AI development  [... view the full profile of Diffco]
    Sunnyvale, California
    50 - 99 $85/hr $25,000 - $50,000
    VISIT WEBSITE
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  • Edvantis

    Let's Create Software Success Together!
    Edvantis is a global software engineering company with over 400 talented professionals operating in Central & Eastern Europe and the USA.  [... view the full profile of Edvantis]
    Rzeszów, Poland
    250 - 499 $50/hr $10,000 - $25,000
    VISIT WEBSITE
  • Snotor

    Delivering results. Efficiently and effectively
    Snotor is a Web and Mobile Application Development company that helps you enhance the value of your business, reach your strategic goals, and win the market. With 16 years of experience and 450+  [... view the full profile of Snotor]
    Riga, Latvia
    50 - 99 $40/hr $10,000 - $25,000
    VISIT WEBSITE
  • Hire World-Class Developers @$20/HR from 15 Yrs.+ Exp. Award-Winning Software Company.
    Outsource Your Software Development Services to DreamzTech, the 10 Yrs.+ Exp. Award-Winning Software Design & Development Company based in USA, UK, India & South Africa. Hire World-Class Offshore  [... view the full profile of DreamzTech Solutions]
    Tempe, Arizona
    250 - 499 $20/hr $10,000 - $25,000
    VISIT WEBSITE
  • Admios

    Nearshore Software Development Services
    Need devs but in a hiring freeze? Continue to build and increase productivity with our nearshore software development resources. We provides highly skilled, team-based resources to companies that need  [... view the full profile of Admios]
    San Francisco, California
    50 - 99 $55/hr $25,000 - $50,000
    VISIT WEBSITE
  • Kanda Software

    A Reliable Full-Service Software Development, Cloud, DevOps and QA partner
    Leveraging 30 years of excellence designing, developing, deploying and supporting world-class software solutions, Kanda Software has established itself as a trusted Software Development, Cloud  [... view the full profile of Kanda Software]
    Boston, Massachusetts
    500 - 999 $50/hr $50,000 & Up
    VISIT WEBSITE
  • DeviQA

    Our Quality - Your Efficiency
    DeviQA has been supporting customer success stories for over 14 years, protecting and safeguarding our customers' brand and hard-fought reputation through best-in-class testing and quality assurance  [... view the full profile of DeviQA]
    New York City, New York
    100 - 249 $30/hr Inquire
    VISIT WEBSITE
  • Leanware

    World-Class Software Development, Unmatched Cost
    Leanware is a Latin America Software Development Company with a laser focus on quality, craftsmanship, and work ethics. We are committed to building world-class software products for startup founders  [... view the full profile of Leanware]
    Miami, Florida
    Under 49 $35/hr $25,000 - $50,000
    VISIT WEBSITE
  • Vention

    Elevate your business: custom solutions, built to scale
    We're Vention, partner of forward-thinking tech leaders worldwide.  [... view the full profile of Vention]
    New York City, New York
    1000 & Up $50/hr $25,000 - $50,000
    VISIT WEBSITE
  • EffectiveSoft

    You have challenges. We have solutions.
    EffectiveSoft is the go-to partner for companies looking for mobile and web development services. With a focus on quality and efficiency, we are committed to delivering exceptional results that drive  [... view the full profile of EffectiveSoft]
    San Diego, California
    250 - 499 $50/hr $25,000 - $50,000
    VISIT WEBSITE
  • Sommo

    A no code launching of your ideas
    With our no-code tool expertise, including Bubble.io, Webflow, Adalo, Glide, and many more, we can turn your ideas into reality in just a few weeks! Our services include the discovery stage (business  [... view the full profile of Sommo]
    Los Altos, California
    Under 49 $49/hr $1,000 - $10,000
    VISIT WEBSITE
  • Dashdevs

    A client-focused approach to success!
    DashDevs is a software engineering provider specializing in Fintech software development and digital transformation. They have an extensive team of over 200 experts with 12+ years of industry  [... view the full profile of Dashdevs]
    Wilmington, Delaware
    100 - 249 $80/hr $10,000 - $25,000
    VISIT WEBSITE
  • IT and Web development partner you can trust!
    Digiprima Technologies, a leading IT consulting, custom software, app and SaaS product development company based in NY, USA for the last 9+ years, has successfully completed over 2500+ projects.  [... view the full profile of DigiPrima Technologies]
    New York City, New York
    100 - 249 $20/hr Under $1,000
    VISIT WEBSITE
  • MobiDev

    Promising the exposure you deserve!
    We dont just develop applications; we build lasting partnerships that evolve software to keep our clients competitive and innovative. Since 2009, MobiDev has helped over 400 businesses in the US  [... view the full profile of MobiDev]
    Norcross, Georgia
    250 - 499 $45/hr $25,000 - $50,000
    VISIT WEBSITE
  • DeepInspire

    Custom Fintech software development!
    DeepInspire is a boutique software development company with a focus on fintech software development, offering services such as IT consulting, technical due diligence, digital transformation, product  [... view the full profile of DeepInspire]
    Lviv, Ukraine
    Under 49 $60/hr $1,000 - $10,000
    VISIT WEBSITE
  • RNDpoint

    Developing software for Tech and FinTech
    RNDpoint is a global software solutions provider specializing in FinTech software development, AI, and software development productivity.  [... view the full profile of RNDpoint]
    London, United Kingdom
    250 - 499 $49/hr $25,000 - $50,000
    VISIT WEBSITE
  • Zazz

    Top Rated: 5-star Average Reviews
    Let's get your business Future-Ready!
    Zazz equips your business digitally with mobile, web & custom software development solutions, helping you stay relevant in the dynamic market filled with growing customer needs.  [... view the full profile of Zazz]
    Seattle, Washington
    250 - 499 $45/hr Inquire
    VISIT WEBSITE
  • Phenomenon Studio

    Top Rated: 5-star Average Reviews
    Full service studio for both startups and established businesses
    Phenomenon is an international full-cycle product development company focused on building products that matter. Phenomenon has grown into a top-rated international agency with offices in Poland  [... view the full profile of Phenomenon Studio]
    Wroclaw, Poland
    50 - 99 $45/hr Inquire
    VISIT WEBSITE
  • Vinova

    Top Rated: 5-star Average Reviews
    Award-winning and Passion-driven app development company. More than a Tech partner.
    Top 10 Web and Mobile App Developer in Singapore | ISO Certified | Top 100 Singapore's fastest-growing companies 2024  [... view the full profile of Vinova]
    Singapore, Singapore
    250 - 499 $30/hr $1,000 - $10,000
    VISIT WEBSITE
  • Glorium Technologies

    Your Idea. Our Innovation and Engineering
    Glorium Technologies specializes in tech consulting and engineering for Healthcare and Real Estate. We offer comprehensive software development services, from planning to maintenance. Our mission is  [... view the full profile of Glorium Technologies]
    Princeton, New Jersey
    250 - 499 $50/hr $25,000 - $50,000
    VISIT WEBSITE
  • Newwave Solutions

    Top Rated: 5-star Average Reviews
    Top 10 software & blockchain development company in Vietnam
    Newwave Solutions is a top-notch IT outsourcing company with over 12+ years of experience and 300+ dedicated employees.  [... view the full profile of Newwave Solutions]
    Hanoi, Vietnam
    500 - 999 $25/hr $25,000 - $50,000
    VISIT WEBSITE
  • Simpalm

    Top Rated: 5-star Average Reviews
    Promising customized mobile and web app solutions
    Discover excellence with Simpalm's digital solutions. We are more than an app development company; we are your partner in crafting exceptional mobile and web experiences.  [... view the full profile of Simpalm]
    Rockville, Maryland
    Under 49 Inquire $10,000 - $25,000
    VISIT WEBSITE
  • Fulminous Software

    Top Rated: 5-star Average Reviews
    WE LOVE TO BUILD ASK FOR IT AND HAVE IT
    We are Fulminous Software, skilled website, mobile app development & website design company with a proven history of creating popular and profitable website & application.  [... view the full profile of Fulminous Software]
    Manning, South Carolina
    50 - 99 $25/hr $1,000 - $10,000
    VISIT WEBSITE
  • Peiko

    Top Rated: 5-star Average Reviews
    Technical partners | Full-service Web development | IT Outsourcing | Blockchain Development Company
    Peiko is a company that develops the most demanding and technically complex web projects, improving the quality of products for all major IT markets in the world. We have been helping companies and  [... view the full profile of Peiko]
    London, United Kingdom
    50 - 99 $40/hr $25,000 - $50,000
    VISIT WEBSITE
  • Surf

    Top Rated: 5-star Average Reviews
    DesignRush Design Award Winner
    Mobile & Web Development Company
    Surf develops client and corporate solutions from scratch, covering native and cross-platform mobile apps, web apps and services, AR and ERP systems. Over 13 years, we've built apps for KFC, Mars, The  [... view the full profile of Surf]
    Wilmington, Delaware
    100 - 249 $49/hr $25,000 - $50,000
    VISIT WEBSITE
  • DevsData Tech Talent

    Top Rated: 5-star Average Reviews
    Premium Software Development & Tech Recruitment Services
    IT managed services, offshore team in Poland , Romania , and LATAM , highly-technological clients with ultra high satisfaction  [... view the full profile of DevsData Tech Talent]
    New York City, New York
    Under 49 $55/hr Inquire
    VISIT WEBSITE
  • Cheesecake Labs

    Top Rated: 5-star Average Reviews
    Crafting Digital Excellence, Byte by Byte.
    Latin America's #1 development & staffing company. With 300+ products delivered, we lead in Mobile, Web, and Blockchain innovations.  [... view the full profile of Cheesecake Labs]
    San Francisco, California
    100 - 249 Inquire $50,000 & Up
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  • AppsChopper

    Ideas Delivered
    AppsChopper develops market-winning apps by bringing your distinctive vision to fruition. Our digital solutions combine personalized technology with your company's character, increasing the value of  [... view the full profile of AppsChopper]
    New York City, New York
    100 - 249 $55/hr Inquire
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  • Essential Designs

    Software Application Developers for Web, Mobile and Desktop
    Essential Designs is a team of custom application developers for Web, Mobile and Desktop, developing world class applications for the last 17 years. Guaranteed delivery timeline or receive a refund.  [... view the full profile of Essential Designs]
    Vancouver, Canada
    50 - 99 $40/hr $25,000 - $50,000
    VISIT WEBSITE
  • HDWEBSOFT

    Top Rated: 5-star Average Reviews
    Bring your vision to life
    HDWEBSOFT is a leading software outsourcing company in Vietnam, known for its high-quality services, affordable pricing, and reliable team. With over 250 experienced engineers and a decade of  [... view the full profile of HDWEBSOFT]
    Ho Chi Minh, Vietnam
    250 - 499 $35/hr $10,000 - $25,000
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  • GEOR

    Top Rated: 5-star Average Reviews
    Hire and manage tech talent efficiently.
    As a Global Employer Of Record (GEOR), we strive to provide organizations that hire globally with efficient solutions for staffing, staff augmentation, workforce management, payroll and more. With  [... view the full profile of GEOR]
    Alexandria, Virginia
    1000 & Up $55/hr Inquire
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  • Linkup Studio

    We handle each stage of your digital products journey from initial discovery to its revenue growth
    Linkup Studio is a full-service company for digital product development with a strong focus on AI, growth design, and marketing promotion. We have delivered about 160 digital products to our clients  [... view the full profile of Linkup Studio]
    Wilmington, Delaware
    100 - 249 Inquire $10,000 - $25,000
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  • Halo Lab

    DesignRush Design Award Winner
    DESIGN-DRIVEN WEB DEVELOPMENT THAT BOOSTS GROWTH
    $370M total our clients funding // 350+ completed projects // MVP in 3 month  [... view the full profile of Halo Lab]
    New York City, New York
    100 - 249 Inquire Inquire
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  • AllianceTek Inc.

    Empowering IT Solutions
    AllianceTek has more than 18+ years of experience providing end-to-end software engineering services, with extensive experience in building Mobile, Cloud, Web, and Salesforce solutions.  [... view the full profile of AllianceTek Inc.]
    Malvern, Pennsylvania
    100 - 249 $50/hr $25,000 - $50,000
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  • Instinctools

    Dedicated Software Development Teams
    *instinctools is a software product development company providing a cross-functional global delivery model which reduces development costs while increasing speed to market.  [... view the full profile of Instinctools]
    Potomac, Maryland
    250 - 499 $40/hr $10,000 - $25,000
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  • Tech Gropse

    Developing Masterpieces From Concept To Creation
    Passionate about crafting innovative digital solutions, TechGropse is a leading technology firm that specializes in mobile app development, web development, and emerging technologies. Our commitment  [... view the full profile of Tech Gropse]
    Atlanta, Georgia
    100 - 249 $25/hr $10,000 - $25,000
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  • You are launched

    Launching Startups that get Success Stories
    Full cycle software development company that launches high-quality digital products with Lean Startup approach. In other words, we are building scalable apps in a wise staged approach that allows to  [... view the full profile of You Are Launched]
    Limassol, Cyprus
    Under 49 $40/hr $10,000 - $25,000
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  • Offshore Development Center: Your Gateway to Global Talent
    Our Offshore Development Center offers small and medium US businesses access to a diverse talent pool through our development centers in Poland, Portugal, Ukraine, and the Philippines. Leverage global  [... view the full profile of Offshore Development Center]
    New York City, New York
    250 - 499 $50/hr $1,000 - $10,000
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    Shaping the Future of Technology
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    Downers Grove, Illinois
    Under 49 $95/hr $1,000 - $10,000
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    Your Vision. Our Expertise. Shaping the Future!
    TekRevol is a global leader in digital innovation, dedicated to creating advanced products ranging from mobile apps to AI-enhanced software solutions. Our goal is to help businesses outperform their  [... view the full profile of TekRevol]
    Houston, Texas
    250 - 499 $35/hr $25,000 - $50,000
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  • BairesDev

    Software Outsourcing & Development | 500+ Active Clients
    Founded in 2009 by Nacho de Marco and Paul Azorín, BairesDev provides top 1% tech talent to a range of clients, from startups to Fortune 500 companies.  [... view the full profile of BairesDev]
    San Francisco, California
    1000 & Up $50/hr $50,000 & Up
    VISIT WEBSITE
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Fintech Software Development Company Hiring Guide

What is a fintech software development company?

A fintech software development company is a company that specializes in creating and implementing technology solutions primarily tailored for the financial services sector. Fintech (financial technology) companies develop innovative software products and applications to streamline, automate, and improve financial services and operations.  

Their services and products can cater to various aspects of the financial industry, including: 

  • Banking services: Digital solutions for mobile and online banking, and efficient banking operations. 
  • Payment solutions: Secure and convenient payment gateways, digital wallets, and peer-to-peer payment systems. 
  • Investment management: Platforms for wealth management, automated trading, and personalized investment advice. 
  • Insurance technology (Insurtech): Applications for claim processing, risk assessment, and policy management. 
  • Regulatory technology (Regtech): Solutions for compliance management, fraud detection, and anti-money laundering (AML) activities. 
  • Personal finance management: Tools for budgeting, personal finance tracking, and financial planning. 

Fintech software development companies often use cutting-edge technologies such as blockchain, artificial intelligence (AI), machine learning (ML), and big data analytics to improve the security, efficiency, and accessibility of financial services. They aim to support and innovate financial, educational, telecommunications, healthcare, and numerous other industries, offering more accessible, user-friendly, and cost-effective solutions. 

The fintech industry had a market value of $226.76 billion in 2023 and is expected to reach $917.17 billion by 2032, increasing at a CAGR of 16.8%. 

AltSource collaborated with Consumer Cellular, Inc. (CCI), a mobile virtual network operator, to modernize its billing platform, addressing the increased service demand. The project aimed to improve customer service with a user-friendly interface and diverse payment options. AltSource integrated the new billing platform with CCI’s phone systems, customer service, customer portal, mobile app, and external agencies, significantly streamlining the payment process. 

AltSource’s solution offered a range of payment methods, such as mobile payments, pay-by-phone, autopay, and eCheck payments, integrating essential systems into a unified operational framework. The implementation of this solution resulted in increased successful payments, reduced customer service involvement for failed payments, improved customer payment experience, and a stable and efficient revenue stream for CCI.  

What do fintech software engineers do?

Fintech software engineers design, develop, and maintain software solutions within the financial technology sector. They create innovative products and services that revolutionize how financial operations are conducted. 

The specific duties and responsibilities of fintech software engineers can vary widely but generally include the following: 

  • Software development: Writing clean, efficient, and well-documented code to develop robust and scalable financial software applications. Coding includes front-end development for user interfaces, back-end development for server-side logic, and full-stack development. 
  • System design and architecture: Designing the overall structure of fintech systems, ensuring that the architecture is secure, scalable, and capable of handling high-volume transactions and data processing. 
  • Financial model integration: Implementing complex financial models and algorithms into software solutions, which may involve working with predictive models, risk management tools, and pricing strategies. 
  • Security implementation: Ensuring the security of financial data by implementing advanced cybersecurity measures, encryption techniques, and compliance with regulatory standards like the Payment Card Industry Data Security Standard (PCI-DSS) for payment processing, General Data Protection Regulation (GDPR) for data protection, and others specific to the financial industry. 
  • Data management and analysis: Handling large volumes of financial data, ensuring data integrity, and using data analytics and ML techniques to derive insights, improve services, and make data-driven decisions. 
  • Troubleshooting and debugging: Identifying and fixing bugs or issues in the software, optimizing performance, and ensuring that applications run smoothly and efficiently. 
  • Staying updated with the newest trends and innovation: Fintech engineers often explore and adopt new technologies like blockchain, AI, and cloud computing to innovate and improve financial services. They also keep up to date with the latest technology trends, financial regulations, and best practices in software development. 
  • Collaboration and communication: Working closely with other developers, product managers, user experience and user interface (UX/UI) designers, and stakeholders to understand requirements, provide technical insights, and ensure the final product aligns with business goals and user needs. 

Trinetix addressed a challenge for a Big Four accounting firm, focusing on the manual and time-consuming aspects of data aggregation and analysis in the financial services sector. The objective was to create a comprehensive financial performance analytics platform, streamlining data aggregation with a real-time analytics view. Developed by Trinetix’s Experience Design team, the solution is a user-centric app that consolidates financial data from diverse sources, providing actionable insights to financial analysts. 

The platform, featuring a fully customizable dashboard, real-time stock analysis, and user-tailored views, significantly enhances situational awareness and decision-making efficiency. With an easy-to-learn interface and comprehensive features, it ensures an accelerated time-to-value, reducing the need for extensive training. Minimizing time spent on routine tasks, the platform is designed for accessibility from any device, empowering finance teams to stay informed and responsive regardless of their location. 

What kind of software is used in fintech?

Software used in fintech encompasses banking platforms, crowdfunding tools, cryptocurrency solutions, and numerous others, each serving different facets of financial operations. These software solutions enhance, automate, and innovate traditional financial services, making them more accessible, secure, and efficient.  

The types of fintech software include, but are not limited to: 

  • Payment gateways and digital wallets: Facilitate secure and convenient transactions online, allowing users to send, receive, and manage money digitally. 
  • Banking software: Solutions for online banking, mobile banking apps, and banking operations management, offering features like account management, fund transfer, and customer service. 
  • Crowdfunding platforms: Enable individuals or businesses to fund projects or ventures by raising small amounts of money from a large number of people, typically via the internet. 
  • Cryptocurrency and blockchain solutions: Include cryptocurrency exchanges, wallets, and blockchain-based financial services. 
  • Insurtech platforms: Innovate the insurance sector with digital insurance services, claim processing, and policy management. 
  • Regtech solutions: Help financial institutions comply with regulations efficiently and cost-effectively, including compliance reporting, risk management, and fraud prevention systems. 
  • Robo-advisors and wealth management tools: Provide automated, algorithm-driven financial planning services with little to no human supervision. 
  • Lending platforms: Include peer-to-peer (P2P) lending platforms and services that provide loans or investment opportunities. 
  • Accounting systems: Including core accounting software, payroll software, billing and invoicing software, and enterprise resource planning (ERP) systems. 
  • Insurance and pensions: Software that manages insurance processes and pension calculations. 
  • Tax management software: Automating tax calculation, submission, and management processes. 
  • Investment apps: Tools for managing investments, tracking performance, and making trades. 
  • Personal finance apps: Helping individuals manage their finances, budget, and plan expenses. 

Fintech software works by integrating modern technology into financial services, providing a seamless, efficient, and user-friendly experience. It processes and manages data, integrates with existing financial systems, and ensures security and regulatory compliance, allowing users to efficiently perform financial activities online. 

Technologies used in fintech development include: 

  • Blockchain: For secure, transparent, and decentralized financial transactions, especially in cryptocurrency and smart contracts. 
  • AI and ML: For predictive analytics, personalized financial advice, fraud detection, and automation of complex tasks. 
  • Big data analytics: Helps process large volumes of data for better decision-making, risk management, and customer insights. 
  • Cloud computing: Provides scalable and flexible infrastructure for fintech applications, enhancing accessibility and cost-effectiveness. 
  • Cybersecurity technologies: Include encryption, biometric data, and secure access protocols to protect against cyber threats and ensure data privacy. 
  • APIs (Application Programming Interfaces): Enable integration with other financial systems and services, facilitating a more interconnected financial ecosystem. 

Which businesses need fintech software development services?

Although often associated with the banking and financial sector, a wide range of businesses use fintech software to streamline their operations, improve customer experience, and ensure regulatory compliance. 

Here are some industries and types of businesses that typically require fintech services: 

  • Banks and financial institutions: For digital banking solutions, risk management, transaction processing, and to innovate their existing services. 
  • Insurance companies: To automate claims processing, policy management, and customer service and to provide personalized insurance solutions. 
  • Investment firms and brokerages: For portfolio management, robo-advising, algorithmic trading, and real-time market insights. 
  • Payment processors and gateways: To facilitate secure, fast, and convenient payment transactions across different currencies and platforms. 
  • Credit unions: To improve member services, manage assets, and enhance loan processing efficiency. 
  • Regulatory bodies: For compliance management, fraud detection, and ensuring financial regulations and standards adherence. 
  • Crowdfunding platforms and P2P lending: To manage campaigns, process payments, and provide a platform for investors and borrowers to connect. 
  • SMEs and enterprises: For managing payroll, invoicing, and expenses, and ensuring better control and insight into finances. 
  • Retail and eCommerce: For integrating secure payment systems, managing transactions, and providing customer finance options like buy-now-pay-later. 
  • Real estate: To streamline transactions, manage property investments, and integrate blockchain for secure and transparent dealings. 
  • Healthcare: For managing patient billing, insurance claims, and offering flexible payment solutions. 

Regardless of your industry sector, fintech software development services can enhance your operations and boost productivity.  

Why should you hire fintech software developers?

You should hire fintech software developers to leverage their specialized expertise in creating secure, innovative, and user-centric financial solutions that enhance your operations, ensure regulatory compliance, and drive business growth. Their solutions can improve client engagement and propel your business forward. 

Hiring professional fintech software developers offers the following advantages: 

  • Enhanced payment systems: Streamlined and efficient payment solutions simplify transactions, allowing for accurate and prompt invoicing and payment processing.  
  • Advanced security: Fintech software developers are well-versed in the latest security protocols, ensuring your business data and client information remain protected against cyber threats. Data security in fintech is the most pressing concern for 70% of banks since up to 98% of global financial startups are exposed to cyberattacks. In 2021, more than 92% of cyberattack victims were from the fintech applications market.
  • Regulatory compliance: Professional fintech developers effortlessly navigate complex financial regulations, ensuring your software complies with industry standards and legal requirements, thereby mitigating risks and avoiding potential fines. 
  • Rapid approval rates: Professional fintech solutions expedite application processing, significantly reducing approval times, often within 24 hours. 
  • Elevated customer experience: Fintech enables seamless access to financial services, allowing clients to interact with your business effortlessly, fostering loyalty, and enhancing overall satisfaction.  
  • Personalized financial advice: Cutting-edge fintech software provides tailored advice, offering valuable insights into investments and financial health, thereby nurturing trust and client contentment. 
  • Scalability and flexibility: Fintech solutions are designed to grow with your business, easily adapting to increased transaction volumes or expanding service offerings without compromising performance or security. 
  • Cost efficiency: By outsourcing to fintech developers, you can avoid the overhead costs associated with an in-house development team, such as recruitment, training, salaries, and benefits, while still obtaining high-quality, specialized services. Professionals can implement advanced technologies like blockchain in the fintech sector, which can lower expenses by 50%

Furthermore, fintech software development services position businesses for growth and competitive advantage by: 

  • Boosting employee productivity: Empowering your team to manage clients more efficiently drives operational excellence. 
  • Cultivating client loyalty: Delivering user-friendly services that meet and exceed client expectations, ensuring sustained business relationships.  

Online investment and market research tool provider, TradeSmith, partnered with Itransition to develop an advanced investment portfolio management platform. The project aimed to attract 20,000 active users to solidify TradeSmith’s market position. The collaboration extended to create a comprehensive ecosystem, including a desktop tool for financial statistics, a mobile app for investment management, and a web portal for cryptocurrency management.  

Itransition’s solution is an integrated suite of web, desktop, and mobile apps processing global stock trading data, and supporting major brokerage services. The ecosystem features tools for tracking, analyzing, and managing investments, and a proprietary API for streamlined integration with third-party data providers. The core product, TradeStops, attracted over 30,000 active users, managing portfolios worth over $20 billion. Post-launch, Itransition continued enhancing the platform and introduced additional financial monitoring tools, ensuring the ecosystem’s relevance and efficiency. 

How do fintech software development companies charge for their services?

Fintech software development companies typically charge for their services based on an hourly rate, monthly rate, fixed price, or through a hybrid hiring model: 

  • Hourly rate: Client pays based on the number of hours worked on the project.  
  • Monthly rate: Client pays a fixed monthly fee for the development. 
  • Fixed price: Client pays a fixed amount for the fintech software project, regardless of how many hours or resources are required.  
  • Hybrid model: Client and the development team agree on the scope of the project, the deliverables, and the budget, but also leave some room for flexibility. 

Fintech software development costs between $30,000 and $300,000. However, the required budget varies significantly based on several factors, and there’s no one-size-fits-all cost.  

Key factors influencing the pricing include: 

  • App complexity and type: The cost of a basic fintech application starts at around $30,000, but more complex applications, such as advanced banking apps or those integrating cutting-edge technologies, can require a longer development period and be much more expensive: 
    • Banking apps: $30,000 - $300,000 
    • Lending apps: $50,000 - $150,000 
    • Personal finance apps: $50,000 - $300,000 
    • Insurance apps: $45,000 - $200,000 
    • Investment apps: $60,000 - $120,000 
  • Specific features: Certain functionalities like real-time credit score tracking, EMI calculators, or data analytics can increase the overall budget. 
  • Location of development agency: Hourly rates for development teams can vary drastically depending on their geographical location: 
    • North America: $25 – $35 
    • Latin America: $25 – $35 
    • Europe: $35 – $65 
    • India: $20 – $25 
    • Africa: $25 – $30 

The top 50 fintech software development companies on DesignRush charge an average of $60/hour. 4.1% of fintech software development companies on DesignRush accept projects with a minimum budget of $1,000, while 9.6% have a $50,000+ minimum budget. 

How do I choose a fintech software development company?

To choose a fintech software development company consider the following steps: 

  1. Define your fintech software requirements: Identify the specific financial technology solutions you need, such as payment gateways, banking apps, investment platforms, or regulatory compliance systems.  
  2. Research fintech-focused companies: Look for companies with a solid track record in fintech. Seek recommendations, check reviews, and explore fintech industry directories and platforms.  
  3. Evaluate their fintech expertise: Ensure the company has expertise in fintech regulations, data security, and compliance standards like PCI-DSS for payment processing or GDPR for data protection.  
  4. Review their fintech portfolio: Request and assess examples of their previous fintech projects and case studies. Evaluate their ability to deliver high-quality solutions and their experience addressing fintech challenges.  
  5. Check their online presence: A reputable fintech software development company should have a robust online presence, showcasing industry recognitions, awards, and thought leadership in this industry.  
  6. Ask for client references: Contact organizations that have partnered with the company to understand their performance, adherence to fintech standards, and reliability in delivering solutions.  
  7. Prioritize compliance and security: Given the sensitivity of financial data, choose companies that prioritize compliance and data security and can navigate the financial sector’s complex regulations.  
  8. Determine budget and value: While considering the cost, focus on the value the company can bring regarding innovation, efficiency, and meeting regulatory requirements.  
  9. Consider the location: Decide whether you’re comfortable working with an outsourcing team that can deliver customized fintech solutions remotely, potentially offering cost savings and access to a broader talent pool. Alternatively, you might prefer a local financial software developer for the convenience of in-person meetings and closer collaboration. 
  10. Discuss fintech strategy: Inquire about their approach to developing fintech software, including how they align their solutions with your business goals and industry regulations.  
  11. Evaluate post-launch maintenance and support: Your fintech software will need regular updates and modifications to adapt to evolving business needs and regulatory changes. The best fintech developers should provide ongoing support and be readily available to help, ensuring your software remains efficient, compliant, and aligned with your business objectives even after the project is completed. 
  12. Assess communication and collaboration: Ensure their communication style, project management, and workflow meet your expectations for a collaborative partnership.  
  13. Shortlist the candidates: Based on your research, narrow your list to a few companies meeting your specific fintech criteria.  
  14. Request proposals for your project: Send a detailed project brief to each shortlisted company and request a fintech software development request for proposal (RFP) tailored to your needs.  
  15. Conduct interviews: Evaluate the proposals and arrange meetings with the shortlisted companies to assess their understanding, capabilities, and approach to your project.  
  16. Select the right partner: After a comprehensive evaluation of proposals and interviews, choose the fintech software development partner that best aligns with your project requirements, goals, and budget. 

If you need help finding an ideal fintech software development partner, visit our Marketplace and tell us more about your project. We’ll connect you with the most suitable fintech software developers based on your requirements – for free. 

What questions should I ask fintech software developers?

Questions you should ask fintech software developers include the following: 

Its Relevant Background 

  1. Can you detail your company’s background and experience in fintech software development? 
  2. How long have you been active in the fintech sector? 
  3. Could you provide case studies or examples of previous fintech projects you’ve completed? 
  4. Who are some of your prominent clients in the fintech industry? 
  5. What areas of fintech software development do you specialize in (e.g., payment solutions, blockchain technology, regulatory compliance)? 
  6. Do you have certifications or specialized expertise in fintech development or security standards? 

Company Services and Processes 

  1. What fintech services do you offer (e.g., custom software development, API integration, system maintenance)? 
  2. Which project management methodologies and frameworks do you employ in your software development process (e.g., Agile, Scrum)? 
  3. How do you integrate client feedback and manage changes during the development process? 
  4. Could you describe your quality assurance, testing, and bug resolution approach? 
  5. How do you ensure the security and privacy of financial data in your software solutions? 
  6. How do you guarantee compliance with fintech regulations (like PCI-DSS, or region-specific regulations)? 
  7. Do you provide ongoing support and maintenance after the software launch? 

The Project 

  1. How will you collaborate with our team to understand our fintech needs and goals? 
  2. What’s the projected timeline for our project, and how do you manage and communicate milestones? 
  3. Can you offer a comprehensive cost breakdown, including payment terms and conditions? 
  4. How will we communicate throughout the project? Who will be our main point of contact? 
  5. What type of progress updates will you provide, and how frequently? 
  6. How do you address challenges, changes, or new requirements that arise during the project? 
  7. What’s your strategy for managing scope creeps or unforeseen project complexities? 
  8. How do you ensure the developed fintech solution is scalable and adaptable to future industry changes or business growth? 

What are the best fintech software development companies in the US?

The best fintech software development companies in the US are: 

Agency nameDesignRush ratingGoogle ratingTop clients
Saigon Technology

4.9

(55 reviews)

3.3

(3 reviews)

  • DMI
  • YPO
  • One Harvest
  • MTM
Designli

4.9

(20 reviews)

5.0

(73 reviews)

  • Thingealogy
  • Secur.Space
  • Paidback
  • Grappos
Suffescom Solutions Inc

5.0

(36 reviews)

4.7

(90 reviews)

  • Modani Furniture
  • King Cubs
  • Lead Action
  • Radisson Hotels
Naked Development

4.6

(12 reviews) 

3.7

(3 reviews)

  • Car Blip
  • Vigor Fitness
  • Snap MD
  • Basebalism
Apriorit

4.8

(5 reviews)

4.8

(69 reviews)

  • Agemni
  • PayDay Resources
  • Borta
  • VisionWorks 

Check their profiles to discover more about these companies and explore the rest of our listings for additional fintech software development companies. Easily refine your search by reviews, location, rates, team size, and other valuable parameters. 

Why Trust DesignRush

A trusted B2B marketplace connecting businesses with top-tier fintech software development companies, DesignRush maintains an impressive 4.7 rating on Trustpilot and Google.

Our dedicated team of agency experts built a network of over 30,000 agencies. We simplified the agency selection process, providing value to clients and agencies alike, via the DesignRush Marketplace.

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Fintech Software Development Expertise

The fintech software development companies on DesignRush specialize in essential finance sector services: custom software development, UI/UX design for financial applications, DevOps, and rigorous software testing aligned with financial standards. Their expertise includes fintech consulting, and web and mobile app development for financial services. They showcase a blend of technical proficiency and a keen understanding of business goals, challenges, and user experiences in finance.

These specialists have demonstrated specific expertise in:

  • Bespoke fintech software development: Specialization in developing tailored solutions for the finance sector, encompassing digital banking platforms, wealth management systems, and automated trading software.
  • Regulatory compliance mastery: Proficiency in crafting software that aligns with stringent fintech regulations, including the Payment Card Industry Data Security Standard (PCI DSS), the General Data Protection Regulation (GDPR) for safeguarding consumer data in Europe, and specific guidelines from financial regulatory bodies like the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).
  • Data security and privacy: Expertise in implementing robust security protocols to ensure the safety of sensitive financial data and maintaining the confidentiality, integrity, and availability of customer information.
  • Integration solutions: Proficiency in creating systems that support seamless integration with various financial ecosystems, enabling interoperability with banking APIs, payment gateways, and stock market feeds, thereby ensuring efficient data exchange among disparate financial systems.
  • Mobile financial applications: Specialization in designing mobile applications tailored for the finance industry, focusing on user experience (UX), accessibility, and functionality, catering to the needs of consumers and financial professionals.
  • Algorithmic trading systems: Developing sophisticated algorithms and software to power high-frequency trading, arbitrage, and other automated financial strategies, helping traders and institutions to execute complex, data-driven investment decisions.
  • Real-time financial monitoring systems: Crafting solutions for continuous, real-time monitoring of financial markets and personal financial health, catering to the growing demand for fintech solutions in personal finance management and institutional trading.
  • Financial analytics and big data: Leveraging big data technologies to process and analyze vast arrays of financial data, providing actionable insights for risk management, market trend analysis, and customer financial behavior forecasting.
  • Blockchain in fintech: Implementing blockchain technology to revolutionize financial transactions, ensuring immutable record-keeping, heightened data security, and enabling transparent, efficient, and decentralized financial operations.
  • Artificial intelligence (AI) and machine learning (ML) in finance: Utilizing AI and ML algorithms for predictive analytics in stock market trends, personalized financial advice, fraud detection, and enhancing customer experiences with intelligent financial chatbots and robo-advisors.

Agency Credibility Indicators

The best fintech software development companies are recognized for their outstanding work through prestigious accolades, such as FinTech Breakthrough Awards, The Banking Tech Awards, IFTA Fintech and Innovation Awards, The Global FinTech Awards, KPMG FinTech100, IBSi Global FinTech Innovation Awards, and others.

Fintech Software Development Awards logos: FinTech Breakthrough Awards, The Banking Tech Awards, IFTA Fintech and Innovation Awards, The Global FinTech Awards, KPMG FinTech100, IBSi Global FinTech Innovation Awards

Fintech software developers hold certifications and specializations in areas crucial to fintech, such as Certified Information Systems Security Professional (CISSP), Certified Information Security Manager (CISM), Financial Risk Manager (FRM) Certification, Chartered Financial Analyst (CFA), and Certified Anti-Money Laundering Specialist (CAMS) Certification.

Fintech Software Development Certifications logos: Certified Information Systems Security Professional (CISSP), Certified Information Security Manager (CISM), Financial Risk Manager (FRM) Certification, Chartered Financial Analyst (CFA), and Certified Anti-Money Laundering Specialist (CAMS) Certification

Agencies’ Supported Technologies

These fintech software developers are proficient in various industry-standard technologies, tools, and software, including but not limited to Java, C#, Python, blockchain technologies, financial APIs like Plaid and Stripe, .NET, React, AWS, Azure, Flutter, SQL and NoSQL databases, as well as machine learning and AI technologies.

Fintech Software Development Tools, Technologies and Software logos: Plaid and Stripe, .NET, React, AWS, Azure, Flutter, SQL, NoSQL

Agency Reviews

For deeper insight into these agencies, DesignRush features client testimonials that share project challenges, results, and overall feedback. Each review undergoes verification, ensuring that the insights we present are both current and accurate.

Using the Bayesian Statistical Method, our algorithm calculates the most probable success rate for each agency. This reduces bias and promotes equity in the rating system, aligning our agency rankings more closely with the genuine quality of the services they offer.

Content Relevance & Accuracy

We make sure our content stays up to date, incorporating the latest listing data, industry trends, emerging technologies, and real-time insights supplied by agencies. It is reviewed by seasoned industry professionals who also provide their invaluable expertise — ensuring accurate and in-depth information.

About The Author and Expert Reviewer
Former Content Specialist
Sumana Ganguly has over a decade of experience in writing for the tech industry. She started her career at Indus Net Technologies, Embee Software, and Global Info and Solutions System, where she won the Best Content Writer award. As a former writer at DesignRush, she covered insightful tech topics and trends that help companies future-proof their businesses.
Chief Technology Officer
Gary Kuznetsov is a seasoned programmer, web developer, and certified Laravel developer. He was a Senior PHP developer at Blue Fountain Media, then soon became Head of Development at Digital Silk. With hundreds of successful websites/applications deployed throughout his career, it is no surprise that he is now a Chief Technology Officer at DesignRush, spearheading digital products and solutions to meet the company’s challenges and objectives.