Fintech is the term used to refer to financial technology. It is an umbrella term that encompasses a range of apps and services designed to facilitate financial activities. Fintech has been growing rapidly in recent years. More and more companies are looking for ways to leverage new technologies to improve their customer experience, increase efficiency and reduce cost.

An app can be a great tool for businesses who want to make use of fintech solutions. There are several top fintech app development companies that specialize in developing apps that help businesses manage their finances, such as payments, loans, investments, etc. These apps have made it easier for businesses to access data quickly and accurately while reducing costs associated with other traditional banking methods. Additionally, they provide customers with secure payment solutions that make it easy for them to manage their finances on the go.

Top 10 Fintech App Development Companies 

1. GraffersID:

Found in 2017, GraffersID is a leading app development company that specializes in creating innovative and user-friendly apps for a variety of industries like Fintech, Ed-tech, Logistics, etc. Also, provide remote developers to companies on a contract basis. We have a team of experienced developers, designers, and project managers who work together to deliver high-quality products that meet the unique needs of our clients. Our goal is to help businesses of all sizes thrive in the digital age by providing them with cutting-edge technology solutions. We pride ourselves on our ability to understand our client’s vision and turn it into a reality. Whether you are looking to develop a new app or improve an existing one, GraffersID is here to help.

With more than 100 products deployed, over $500 million dollars of funding raised by clients, and 80% of clients retained, our company has been able to help millions of users gain access to apps developed for them. Our team is experienced in developing innovative products that meet the needs of our customers and bring added value. We have a deep understanding of the app development process and use cutting-edge technologies to ensure the best performance for our customers’ apps.

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2. techahead

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Driven by the mission of creating human-oriented and scalable designs, techahead was set up in 2009. Over the years, it has grown into a complete provider of digital transformation services for mobile and web apps. techahead is a full-service agency that provides end-to-end solutions. techahead team completes all the tasks necessary throughout the project, from concept to launch, and acts as a true partner in order to ensure your project succeeds.

3. Inoxoft

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At Inoxoft, we are proud to have built a team of over 200 certified experts who possess a wealth of knowledge in the latest software development technologies. Our unwavering commitment to ensuring project success has been the cornerstone of our operations for over eight years. During this time, we have consistently provided our clients with unparalleled support and security throughout the development process.

Our specialized fintech development services are expertly designed to help businesses overcome common automation challenges, achieve trading success, and successfully digitize their banking services. Our team takes great pride in our ability to assist both individuals and companies in investing in the development of dynamic and effective fintech software solutions. We work closely with our clients to understand their unique needs and tailor our services to meet their specific requirements.

At Inoxoft, we believe in delivering high-quality solutions that drive business growth and enable our clients to achieve their goals. Our team of experts is passionate about staying up-to-date with the latest industry trends and technologies, ensuring that our clients always receive the most innovative and effective solutions. Whether you are looking to develop a new fintech product or enhance an existing one, we are here to help you every step of the way.

 

4. The NineHertz

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The NineHertz is an IT consulting company that delivers products and services specifically designed for the mobile space. They use innovative technologies and processes to help their clients identify potential opportunities, risks, and solutions. They have experienced consultants who are experts in their respective fields and are committed to providing high-quality services with the best customer experience. The Nine Hertz strives to help their clients succeed in their endeavors by helping them develop unique strategies and solutions tailored to their needs.

5. Netguru

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Netguru is a leading digital product development company that specializes in creating innovative digital solutions for businesses. Their team of experienced professionals provides comprehensive services ranging from product strategy and design to development, testing, and deployment. With its cutting-edge technology, Netguru helps businesses achieve their goals by delivering custom-tailored products that enable them to do things differently. From idea validation to market launch and beyond, Netguru provides the necessary support and expertise to ensure the successful delivery of products that meet all expectations.

6. Sidebench

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Sidebench, based in Los Angeles, is an award-winning digital design and development agency. The sidebench team is made up of experienced strategists, tech experts, inventors, and thought leaders with vast experience in UX design, mobile app development, and custom software engineering. By pooling our knowledge and expertise from multiple industries, we are striving to co-create the future.

7. Appinventiv

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Appinventiv is a leading mobile app development company that specializes in Android, iOS, Cross-platform, and Web app development. Established in 2015, Appinventiv has offices in India and boasts a team of experienced professionals who excel at creating customized applications for businesses across the globe. With expertise in developing high-quality apps for multiple platforms, Appinventiv guarantees customers an outstanding user experience with the help of our cutting-edge technology.

8. itCraft

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itCraft Company is dedicated to developing innovative digital products that make users’ lives easier. With over a decade of experience in designing and developing custom software, itCraft has created more than 250 unique solutions that have made a real difference in the world. itCraft mission is to continue to provide creative, cutting-edge solutions that help people achieve their goals. itCraft strives to stay ahead of the curve by staying up-to-date with the latest technological advancements and trends, so we can continue creating products that make a positive impact on our customers’ lives.

9. BlueLabel

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Blue Label Labs is a leading app development agency that helps Fortune 500 companies and funded startups succeed. With their experienced team of strategists, designers, and engineers, they create apps with an emphasis on analytics and performance-driven results. From concept to completion, Blue Label Labs provides comprehensive development services for businesses looking to take their products to the next level.

10. hedgehog lab

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Hedgehog Lab is a globally certified digital product consultancy, focusing on delivering excellent products with proven business impacts. With over 15 years of experience in web & mobile technology, design & development, they ensure they meet the needs of their partners & leading brands.

What Technologies are Used for Developing FinTech Apps?

Developing financial technology applications (FinTech apps) has become an increasingly important part of our digital lives. FinTech apps are used to process payments, manage investments, and create innovative financial products. In order to develop successful FinTech apps, developers must use the right software applications that provide the features and security needed for the specific application.

In this article, we will discuss some of the technologies used for developing FinTech apps. We will also look at some of the top fintech app development companies that have successfully developed cutting-edge FinTech applications. By understanding these technologies and companies, you can get a better idea of what it takes to develop your own successful FinTech app.

Here are technoloies used in Fintech Apps:

  1. Blockchain technology for secure and transparent financial transactions
  2. Artificial Intelligence and Machine Learning for personalized financial advice and risk management
  3. Cloud computing for scalability and cost-efficiency
  4. Big data and analytics for data-driven decision making
  5. Mobile and web development technologies such as React.js, React Native, AngularJS, and Vue.js
  6. Payment gateways and APIs such as Stripe, PayPal, and Square
  7. Biometric authentication technologies such as Fingerprint, Face ID, and Voice recognition
  8. Secure communication protocols such as HTTPS and SSL to ensure secure data transmission

It’s also worth noting that fintech apps are heavily regulated, so adherence to compliance requirements like PCI-DSS, HIPAA, and GDPR will be mandatory.

What Makes a Fintech App Development Company Stand Out?

what makes a fintech app development company stand out

Fintech apps are becoming increasingly popular with users and businesses alike. They offer the ability to manage finances, payments, and investments in a secure and convenient way. As such, it is important to find an experienced fintech app development company that can create a custom fintech app tailored to your needs.

So what makes a good fintech app development company stand out? There are several factors that can make a fintech app development company stand out, including:

  1. Strong technical expertise: A company that has a team of experienced developers with a deep understanding of fintech and financial systems can deliver high-quality, reliable apps.

  2. Innovative solutions: A company that is able to come up with innovative solutions for fintech problems can help its clients stay ahead of the competition.

  3. Experience in working with financial institutions: A company that has experience working with financial institutions and a good understanding of the regulatory environment can help ensure that its clients’ apps comply with relevant laws and regulations.

  4. Strong project management: A company that has a track record of delivering projects on time and on a budget can help ensure that its clients’ apps are developed and deployed efficiently.

  5. Good communication and customer service: A company that is responsive and easy to work with can help ensure that its client’s needs are met throughout the app development process.

How Much Does it Cost to Develop a Fintech App?

Developing a fintech app can be a costly affair.  It depends on the type of application you want and the features you require. Depending on the complexity of the app, it can range from tens of thousands to millions. The cost also depends on which company you are working with and how many features your product needs.

A basic fintech app would typically include core functionality such as account management, basic transaction processing, and simple reporting. A basic fintech app would typically cost between $30,000 and $50,000 to develop.

An average fintech app would typically include more advanced features such as investment management, budgeting tools, and more advanced reporting. An average fintech app would typically cost between $50,000 and $80,000 to develop.

A complex fintech app would typically include advanced features such as predictive analytics, risk management, and complex financial modeling. A complex fintech app would typically cost $80,000 or more to develop.

 

The cost of development can be broken down into several key areas:

key areas that affect cost of fintech app

  • Discovery and research: This includes understanding the market and user needs, developing a product strategy, and creating a detailed project plan.

  • Design: This includes creating wireframes, mockups, and visual designs for the app.

  • Development: This includes coding and testing the app.

  • Deployment: This includes making the app available on app stores and configuring any necessary servers or infrastructure.

  • Maintenance and Support: This includes updating the app, fixing bugs, and providing support for customers.

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Connect With GraffersID For All Fintech Services Needs

If you are in need of fintech app development services or looking to hire remote fintech developers, contact us today. Our team of experienced developers and project managers have a deep understanding of financial systems and can deliver high-quality apps. We have a track record of delivering successful Fintech Apps on time and on budget while providing excellent customer service. We have the knowledge and experience to provide innovative solutions to fintech problems and experience working with financial institutions. Contact us today to schedule a consultation and take the first step towards developing a successful fintech app.