The fintech industry has witnessed extraordinary growth. Today, fintech startups and financial companies look for top fintech app development companies to build business-oriented fintech apps and generate impressive revenue.
Revolut is a brilliant example of how a well-developed fintech app can achieve explosive growth. Founded in 2015, the company gained more than 10 million customers within hardly 11 months. As per Fintech Magazine, it has become a powerhouse valued at $45 billion, with more than 35 million users worldwide.
This is because of the growing fintech landscape. Business owners are eager to be a part of the list of successful fintech companies. However, developing a fintech app is a complex task and that’s when you need a top fintech app development company.
In this blog, we will explore the top fintech app development companies that are behind the success of groundbreaking fintech applications. These companies are helping startups and established businesses to deliver user-friendly, secure, and scalable apps to meet the demands of customers. But before the list, let’s take an overview of the fintech app market.
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Overview of the Fintech App Market
The fintech market is rapidly growing with digital payments, digital investments digital assets, and digital capital emerging as some of the significant trends. Digital payments are most popular, with customers using mobile apps for day-to-day transactions.
The fintech app market is expected to continue its rapid growth trajectory. According to the Fortune Business Insights Report, it was valued at $294.7 billion in 2023 and is projected to reach $1,152.06 billion by 2032, displaying a CAGR of 16.5%.
Statistica Market Insights predicted that the number of fintech users is expected to see fluctuations among the four segments. The number of digital payments users is projected to reach 4.81 billion in 2028. The remaining segments will also increase their user base as well.
(Source: Statistica)
The growth in the fintech market is due to several factors. Firstly, the increasing use of smartphones and the internet has made digital services more accessible to consumers. The pandemic has also increased the shift towards digital payments and transactions.
Furthermore, changes in regulations empowered fintech companies to compete with financial institutions. At last, technological advancements such as AI, IoT, ML, and blockchain opened doors for innovations in the fintech industry.
So you have got an overview of the fintech app market. Now, let’s explore the list of fintech app development companies. The list will help you choose the top fintech app development company to satisfy your needs.
List of Top Fintech App Development Companies
We have compiled a list of the top fintech software development companies, that deliver best-in-class fintech app development services to transform businesses. The listed app development companies have extensive experience and proven expertise in building end-to-end finance and payment software and mobile apps for fintech companies. Check out the list;
Kindgeek
Kindgeek is a one-stop destination for helping finance companies reach their full potential with digital solutions. From ideation to deployment and beyond, the company guides businesses through the app development process. Their skilled developers create fintech apps to satisfy the needs of businesses.
With proven experience as a top fintech app development company, they bring together AI, core banking, and WEB 3.0 through an expert approach. They have worked for famous clients such as HypeJar and JaJa Finance. Kindgeek provides product management services to ensure the smooth development of the app.
- Founded: 2013
- Rate: $50 – 99/hour
- Min project size: $50,000+
- Clutch Rating: 4.9
- Core Services: Regulatory compliance systems, core banking, payment processing, and data analytics and management.
RipenApps
RipenApps is a globally recognized fintech app development company. They specialize in offering advanced banking and financial app development services under a cost-effective budget. Their fintech app developers possess expertise in building world-class features.
This company understands the need for security and adds components to keep the data safe under security and data encryption compliance. For better user experience, they integrate POS solutions, payment gateway, and fraud prevention mechanisms. Their skilled dev team provides custom fintech solutions for investment and insurance along with wealth management.
The company has delivered expert fintech app development services, having crypto-trading, investment, and wealth management apps in its portfolio. They follow a customer-centric approach to help businesses gain new customers and nurture old customers. Most businesses consider RipenApps as their reliable partner because they have proven experience working in this industry.
- Founded: 2017
- Rate: $25 – 49/hour
- Min project size: $25,000+
- Clutch Rating: 4.7
- Core Services: Banking wallet, POS solutions, investment apps, stock market reports, reports and analytics, high-level security, and custom fintech app development.
Cleveroad
Cleveroad is a renowned fintech app development firm that delivers efficient solutions to fit the business domain and budget. Their dev team provides custom fintech software development solutions for businesses and MVPs for start-ups. They provide a feature for calculating the cost of the application to help businesses understand the cost and set up an estimated budget.
This company specializes in creating native, cross-platform mobile apps by leveraging the latest technologies like AI, ML, IoT, AR, etc. Their important goal is to deliver quality work to transform businesses and gain the trust of their clients.
- Founded: 2011
- Rate: $25 – 49/hour
- Min project size: $10,000+
- Clutch Rating: 4.9
- Core Services: Cryptocurrency apps, custom fintech software development, expense management software development.
OrangeSoft
OrangeSoft has established itself as a top fintech app development company by providing business-oriented services. This company is popular for creating scalable and high-quality finance apps. They create top-notch applications with cross-platform compatibility.
They offer full-cycle development services, handling ideation and discovery to development and post-launch support. Orangesoft excels in creating investment and wealth management apps, and personal finance apps. Their extensive portfolio speaks about their expertise as they have worked on over 300 projects and helped businesses stand out.
- Founded: 2011
- Rate: $50 – 99/hour
- Min project size: $10,000+
- Clutch Rating: 4.9
- Core Services: Investment and wealth management apps, product development consulting, security audits, and testing.
Launchpad Lab
Launchpad Lab is a prominent fintech app development company in USA. This company helps businesses become unicorns, gain a competitive edge, and increase ROI with a customer-centric approach and agile methodology.
They have hundreds of talented developers with expertise in creating result-oriented fintech apps. They specialize in delivering digital banking solutions, blockchain, and financial data management.
The company has offered mobile app development for startups, and medium-sized businesses and earned appreciation for their professionalism and transparency in the development process.
- Founded: 2012
- Rate: $150 – 199/hour
- Min project size: $10,000+
- Clutch Rating: 4.8
- Core Services: Fintech software development, AI-powered financial app development, cloud consulting, personal finance app.
Dotsquares
Dotsquares specializes in pioneering app development solutions tailored to the challenges of the fintech industry. This top fintech app development company has a dedicated team and senior project managers who collaborate closely with clients to understand their goals.
They ensure the creation of cutting-edge, efficient, and secure solutions. They have 1000 developers and the company provides best-in-class fintech app development services with unmatched flexibility.
This is a top fintech application development company in UK. It offers blockchain and cryptocurrency solutions with compliance and security. They have a strong presence in multiple countries with experience in delivering high-quality apps.
- Founded: 2002
- Rate: <$25/hour
- Min project size: $5,000+
- Clutch Rating: 4.6
- Core Services: Customer relationship management, API integration, investment management solutions, risk management.
Also Read: Top React Native App Development Companies
Miquido
Miquido is a company that offers top-notch fintech app development services. This company incorporates AI, machine learning, and deep learning into banking systems to monitor user transactions and present on-time specialized recommendations.
As a top fintech app development company, Miquido weighs on providing customer support with user-friendly activities, data security with two-factor authentication, and real-time fraud detection. Their developers take responsibility for the entire life cycle of digital products to offer transparency, and business-oriented processes with long-term partnership.
They are a Google-certified fintech software development agency and their portfolio speaks a lot about their excellence in working for various industries.
- Founded: 2011
- Rate: $50 – 99/hour
- Min project size: $50,000+
- Clutch Rating: 4.9
- Core Services: Contactless payments, instant money transfers, real-time fraud detection, advanced fintech solutions.
Bottle Rocket
If you’re looking for a highly experienced and top fintech app development company that can transform financial technology from vision into reality, then Bottle Rocket has the potential to be your reliable partner. Their experienced team has expertise in blending creativity with technology to craft user-friendly apps. Their developers work hard to make personalized and cutting-edge apps to help businesses stay ahead of the curve.
They leverage the latest technologies to add customer relationship management features so businesses can maintain client profiles and manage client service requests. They have 250 professionals who focus on delivering quality work backed by the latest technologies.
- Founded: 2008
- Rate: $150 – 199/hour
- Min project size: $25,000+
- Clutch Rating: 4.7
- Core Services: Client service request management, multi-currency support, payment gateways, and third-party integrations.
Experion
Experion provides fintech software development services that are meticulously created to empower businesses to thrive. From conceptualization and design to development and deployment, their fintech software developers offer tailored solutions to fulfill the specific needs of the companies and their customers.
With its popularity as a top fintech app development company, it promises to provide scalable, secure, and maintainable apps with cross-platform compatibility. They specialize in integrating core banking, lending, and insurance systems to offer a rapid, adequate, and safe environment for operations. To help organizations manage their financial operations, they integrate financial management systems.
- Founded: 2006
- Rate: $25 – 49/hour
- Min project size: $10,000+
- Clutch Rating: 4.9
- Core Services: Financial management systems, fraud detection and prevention systems, and trading platforms.
Crowdbotics
Crowdbotics gained prominence as the top fintech app development company. The company uses generative AI and reusable code to profoundly speed up the app development lifecycle.
They have a CodeOps platform to help companies streamline internal processes, speedily turn visions into reality, and unravel compounding returns. They boost the financial app with the use of advanced technologies like artificial intelligence, big data, and cloud solutions.
The main services of Crowdbotics are payment solutions and online banking systems. and mobile banking solutions among the others. They have strong data security and protection measures.
- Founded: 2016
- Rate: $50 – 99/hour
- Min project size: $10,000+
- Clutch Rating: 4.3
- Core Services: Lending management solutions, payment software, mobile banking, and money transfer apps.
Final Words
These top companies have demonstrated expertise, creativity, and commitment to providing next-gen and high-quality apps. We hope this list has helped you choose the right fintech app development company to satisfy your business needs. However, you can also hire mobile app developers from these companies to create a feature-rich fintech app.
Choosing a company that follows a customer-centric approach and agile methodology is crucial. The top fintech software development company not only enhances the customer experience but also makes financial services more accessible to a wide range of unbanked and underbanked populations.
FAQs
Q1. How Much Does FinTech App Development Cost?
Building a fintech app can cost between $50,000 to $300,000, depending on the complexity and features of the application.
Q2. How to Hire the Right Fintech App Development Company?
You should follow some important steps while hiring the right fintech software development company. Look for expertise in financial technology, proven experience, and a diverse portfolio. Check for industry knowledge, security, and regulations with communication, and transparency in the budget and development process. Finally, ensure they offer post-launch maintenance.
Q3. What Programming Languages are Used in Fintech App Development?
There are several programming languages commonly used in the fintech industry. These languages are; Python, Scala, Java, C++, JavaScript, MATLAB, and Ruby. These languages help the developers add unique features to the apps.