Stay Updated on the Latest in Web & App Development Technology Innovation!

Financial technology has been quite popular for a long time, keeping its involvement around every industry to aid their financial problems. As per market demands, Fintech may be your next business need, so you must know the Fintech app development cost and its estimated market value. The interesting fact is that the US market has touched around 10,000 Fintech operations in early 2025 and is still booming.  

As per a report by Statista, “The total Digital Payments transaction value is expected to show an annual growth rate (CAGR 2025-2030) of 13.63%, resulting in a projected total amount of US$38.07tn by 2030.” 

The above record shows that the global transaction value will grow in the coming years, and it will definitely lead to an urge for such platforms to handle finance. Fintech encompasses the traction of digital payments using advanced technologies such as Blockchain and digital wallets. 

Parallelly, you, being a decision-maker, are looking for a Fintech app that can handle the pressure of market revenue and let you manage the finance with ease. But before you jump into the cost and estimated value of your Fintech app, you must know what the Fintech industry market position is and how it is transforming the future of payments. 

In this article, we will uncover the major domains of the Fintech industry that includes Fintech market trends, expenses, types, and timelines for developing a Fintech app. Whether you are a new business owner or an established firm, this article will guide you with a thorough understanding of Fintech app development aspects, primarily the cost.

How is Fintech Transforming and Defining the Future of Transactions? 

Fintech is a hot field and has undoubtedly seen significant growth in the IT sector. Businesses that deal in finance must seek the latest trends in this sector to fulfil market needs and serve to the best of their ability. As technologies evolve for a brighter future, so do Android application development companies

How is Fintech Transforming and Defining the Future of Transactions

Deloitte has defined and explained the latest insights of futuristic payments of 2025, and we also have a gist of our research on it. Here are the key insights into how innovation is driving a positive impact on finances. 

  1. Fintech, with the latest sensations, has multiple possibilities to deal with money affairs. Fintech products are widely known for financial management, but today, Fintech apps do not entirely serve finance; they have more to serve. 
  2. With increasing demands for e-wallets, the Fintech sector is rapidly growing and transforming, welcoming various experimental features to the apps dedicated to payments and transfers. 
  3. Analysts expect the number of users in the Digital Payments market to amount to 8.34 billion by 2030. This means that there is a huge and unpredictable scope of Fintech apps that will thrive in the next five years. 
  4. Banking has never been an easier task or a homely thing. People had to travel to banks or monetary entities to get their money transferred. With the rise of mobile phone usage in the last 2 decades, dealing in cash has become a thing of the past. 
  5. Consumers are leveraging peer-to-peer, credit cards, and e-money to make their day-to-day tasks more effortless. The Fintech app market has a broad scope to take place in the finance sector and expand. 

How Much Does Fintech App Development Cost?

Market Data Forecast expects the global Fintech market to grow from USD 209.74 billion in 2024 to USD 1583.05 billion by 2033. This shows a CAGR of 25.18% during the forecast period. The report clearly depicts that the Fintech market growth rate is 25.118%/year, which is a bigger and faster growth in a decade. 

How Much Does It Cost To Build a Fintech App

If you have an idea of building a Fintech app to gain profit in the global Fintech industry, we are here to assist you with the Fintech app development cost. To put it simply, you need to know how much it costs or weighs on your pocket to build a Fintech app. The general range of developing a Fintech app starts from $30,000 and goes up to 31,00000. 

Fintech App Development Cost by App Complexity

Fintech App Development Cost by App Complexity

The development cost of a Fintech app depends on your industry specifications, trends, and market exposure. For an entry-level business, a basic MVP will be a good choice with limited but working features to test the app’s growth in the market. On the contrary, an enterprise-level business is advised to look for a complex and detailed app. 

If you are confident about moving further with Fintech app development, you must dig deep into the other development cost aspects, defining the cost variables of your Fintech app. For instance:

  • A basic app (pilot MVP) will cost you less as it has limited features and less possibility of bug issues, which could incur further expenses. A basic Fintech app may cost around $15000 to $30,000.
  • A moderate Fintech app with balanced features, a single platform choice, and less complexity may take less time for your development team, resulting in smaller costs for you. These types of apps generally range from $40,000 to $80,000. These price variations can fluctuate, depending on the app details. 
  • A scalable, cutting-edge, and advanced Fintech app will grow your pricing graph and your business as well. This is the top range of your Fintech app, which contains the premium features, cross-platform functionality, and advanced technologies. This type of app may cost you from $1000000 to $3000000. This range is not a full stop, but it may expand to unexpected paradigms, depending on your business vertical(s).

Fintech App Types & Their Development Costs

The Fintech sector has a lot to offer, covering many industries like banking, e-wallet payments, finance management, and transactions. Here are the top Fintech app types that cover all the financial needs of a business. 

Fintech App Types Estimate Cost
Insurance apps $45000-20,0000
Banking apps $30,000-30,0000
Investment apps $60,000-1,20,000
Lending apps $50,000-$1,50,000
Crypto currency apps $80,000-2,50,000
Payment apps $50,000-1,50,000
Personal finance apps $50,000-30,0000
Robo-advisory  $70,000-20,0000
Stock trading apps $65000-21,0000

1. Insurance apps

Insurance apps are user-based and largely trusted by investors. Thus, insurance apps must be scalable, reliable, and user-friendly. Features like a premium calculator, policy management, filing claims, and insurance processing are the prime requirements for such types of apps. 

Anchor Insurance and Apollo Insurance are some of the popular insurance apps in the US. These apps are seamless, reduce paperwork, and are accessible and feasible for everyone. 

2. Banking apps

Top Fintech apps 2025 that offer banking services are a must-have choice for global users and their respective banks. Such apps must be reliable, user-centric, and easy to load. Banking apps let users deal with their online cash flow and manage their financial affairs with ease. Fintech banking apps offer an endless number of features to bank service users. 

3. Investment apps

Investment apps are based on real-time data analytics and need accurate user data information. Such apps enable users to invest in various investment services. Investment apps like Bluechip Fund and Mutual Fund let users invest depending on their investing knowledge and expertise. 

Investment apps must be enhanced with rich UI and simpler UX so that investors can get the maximum out of these apps. 

4. Lending apps

Lending apps like credit cards and smart money are apps that let users borrow money quickly. Such apps must be well-navigated, user-centric, and intuitive. Lending apps are trendy as they allow people to borrow money easily and without any third-party involvement. 

People can get money from companies or businesses that lend money at a minimal interest rate or no interest rate. These apps are the one-stop solution for borrowing money, unlike traditional ways. 

Start your fintech app journey with a transparent pricing guide.

Contact Us

5. Crypto currency apps

E-wallets are the super saviour for finance managers today. With the rise of cryptocurrencies like Ethereum and Bitcoin, the demand for ewallet app development services has grown significantly. These digital currencies have boosted crypto asset management by offering decentralized wallets, real-time market conditions, and easy trading through Blockchain integration

Coinbase and Binance are some of the well-known crypto apps that provide a secure and seamless trading experience to users.

6. Payment apps

People who are interested in dealing with their money online or want the ease of payment prefer to use e-wallets. The no-cash algorithm has empowered the e-money system and has given rise to the necessity of payment apps. 

Payment apps are a true helper when people rush out without keeping their wallets with them. Payment apps like Google Pay and Venmo are giving a new edge to the payment procedures. Such apps have some prominent features like bank integration, support for multiple currencies, and real-time transaction alerts. 

7. Personal finance apps

Personal finance apps let users manage their finances at their fingertips with reliable features like credit score monitoring, bill reminders, debt management, etc. Some of the most well-known finance apps are Mint, Pocket Guard, and Personal Capital. 

Personal finance apps are time-savers and work like personal finance managers. These apps are good for saving, expense monitoring, tracking, and investing.

8. Robo-advisory 

These kinds of apps are financial advisers that need no human to manage their advisory system or portfolio management. Such apps build a personalized portfolio for your financial management and advise you based on your risk-bearing capacity, investment choices, and financial goals. 

Robo-advisory apps have features like tax optimization, low fees, automated portfolio, rebalancing, etc. The apps are popular among people who are beginner investors, busy professionals, and low-cost investors. 

9. Stock trading apps

Stock trading apps are also online trading apps that allow users to invest, trade, and manage assets. These apps are different from cryptocurrencies, and they are managed by business or company owners who invest in shares and sell stocks, unlike crypto.

These apps include features like real-time tracking, investment portfolio, intuitive market graphs, and alerts and push notifications. People widely use stock apps like Robinhood and Wealthfront. 

Key Factors That Affect Fintech App Development Cost

Key Factors That Affect the Cost to Build a Fintech App (1)

Fintech apps have various other domains to explore in the near future; however, the cost of your Fintech app will decide the true potential of investment in skills, experts, technologies, and the major type of the app. Herein, let us discuss the 10 major reasons that shift the cost of your Fintech app on various bases. 

1. Product Conceptualization

Knowing the product’s core values and vision will keep it intact for generations. The Fintech industry has vast domains, and every feature will serve a different purpose. This is unlike other market apps, requiring more details, POC, and a prototype. 

The product requirement depends on its work scope, which includes:

  • Idea conceptualization 
  • Required features integration
  • Size of the project
  • Total time spent on the project

This concept will finalize things in a more cohesive way to help you gauge the estimated cost of your e-wallet app development. Product conceptualization needs extensive product research, refining the feature list, and delivering the estimated budget range. 

2. App Complexity

App development is a complex and time-consuming process in itself. However, when it comes to any specific business demand or market trend, your app becomes a major responsibility of a Fintech app development company in India. You talk about many features you must have explored on your competitors’ app, or you may have extensive prior knowledge of the Fintech app that you want to customize. 

These two scenarios have a single way of custom Fintech app development in USA. The advanced features will enrich your app but may require more investment. Complex apps are scalable and modern as they decrease the chances of your app getting outmoded, common, and sophisticated. 

3. Fintech App Development Time Cycle

Every app has its own challenges, and the solution is the same. It must be built carefully by bearing the proper guidelines in mind. This process needs time for developers so that they can focus on your Fintech app development, making it a choice in the tech market. 

Every team of experts works minutely on the details of a project. Regular prototypes and the development process are a core part of this purpose. The more time the team invests in making your app better, the higher the cost of hiring such a team will be. 

This time cycle keeps on evolving with the growing needs of your financial app. Again, the time of app development will be defined more exclusively with the app type you want. 

4. User Experience and User Interface

According to UXcam, ‘A well-designed UI can ensure the app’s success three times more than a regular one’. This statement is close enough to your question, wrapped around the budget of the user interface. The cost of your app highly depends on the greatest user interface(that is responsible for the app’s appearance) and the user experience (which is responsible for the user navigation journey). 

UI and UX are the key players in your app usage. The more interactive it is, the more people will like to open it and do their business. 

As the importance of both elements is clear, you need to know what actually leads to high app costs. It is simple to answer that the greater UX/UI design demands the greatest pricing. 

5. Modern tech stack for your Fintech app

The latest technology brings many shifts to modern apps. The apps, which are complex and have multiple functionalities, such as Fintech, need the support of high technologies. 

For instance, if you are sailing in the sea with an ordinary boat and face any big trouble, you are helpless with that boat, but if you are on a large vessel, you have nothing to worry about. 

Likewise, a reliable Fintech app is based on modern technologies, leveraging the latest trends for your app to stay competitive. Let us break it down with such technology understanding:

6. Blockchain technology

Blockchain is an ongoing business sensation for the Fintech industry. This is a basic yet intuitive block system for storing information. This is one of the most secure technologies for accounting and financial purposes. 

Fintech app development companies use blockchain technologies for peer-to-peer payments integration. This technology entrusts businesses with the ability to manage their finances in less time and with fewer worries.  

By leveraging blockchain, Fintech apps can be empowered to trade and manage banking affairs at a swift pace. This technology lets your Fintech app be transparent and user-friendly. 

7. Artificial Intelligence (AI)

AI requires no recognition as it is omnipresent. Every app, every software, and every technology is almost integrated with artificial intelligence. AI gives auto directions to the operations, making them user-centric, approachable, and result-driven. 

A Fintech app, full of complex features and multi-functionality, requires storing user behavior, likes, and dislikes. This auto-function needs AI in your app. A smooth collaboration of AI with modern technologies will uplift your Fintech app development. 

Functions like chatbot, auto responses, voice searches, and user recommendations are quite popular in finance applications, fostering user experience in 2025. 

8. Digital analytics

Digital analytics is a process of fetching data from multiple online channels—websites, emails, social media platforms, etc— to analyze, measure, and interpret user data based on their behavior and online interactions. Integration of this technology may help you measure your user experiences, behavior, choices, and app visiting frequency. 

By leveraging digital analytics, businesses can access user information, record purchases, regular investments, and savings. This much data requires built complexity and a larger investment in Fintech app development. 

9. Location of the app development company 

Every Fintech app development company has its location advantages, and this may become a significant factor while predicting your Fintech app cost. Locations that are far from your region may offer you a budget-friendly estimate, whereas Fintech apps that are near your location are likely to ask for higher prices. 

But before you consider this facet, you must do a little bit of research. The cost of hiring industry experts for your finance app is also the core reason for the higher price. Generally, mobile app development companies in USA pay high salaries to their personnel, and Asian companies like India have cheap yet talented staff. 

This is because of location, economy, and company size. Check the following comparison table to learn about the actual Fintech app development cost according to the location of an iOS and Android app development company

Location  Estimate cost
India $20-25
Europe $25-30
Latin America $25-35
North America $25-35
Africa $25-30

10. Advanced systems & languages

The tools and tech stacks, such as programming languages you employ for your Fintech app development, decide the price of your final app. Advanced systems or features like third-party API integration, security compliance, account calculator, etc, are the key players in a finance app. If you are seeking these or more similar features, your Fintech app cost will be affected by these factors. 

Apart from advanced software integration, a well-built Fintech app development requires robust programming languages such as Native, Flutter, or SWIFT. These tech languages are important when deciding on your app platform. There are three types of app development: Native, Hybrid, and cross-functional

Let us analyse these platforms and the languages used for a scalable Fintech app. 

  • Hybrid apps: Such apps are built for both kinds of native apps, like Android, iOS, or web or browser apps. This kind of platform ensures your app is available for every user, boosting your app’s visibility and market presence.
  • Native Apps: native apps are single-platform apps—either iOS or Android. iOS platform persons on Apple Xcode, iOS SDK, objective C, and SWIFT languages. On the other hand, Android SDK, Android Studio, Java, and Kotlin are the top languages used for Android devices. Such apps are designed for a dedicated platform and work seamlessly for users of a specific device.
  • Cross-platform Apps: These are single codebase apps that serve multiple platforms or systems. Cross-platform apps are basically built upon C#, Ionic, Flutter, and React to let the app run on multiple devices smoothly.

11. Rapid maintenance

Regular maintenance and after-deployment support are crucial to upkeep your Fintech app. Custom Fintech apps require consistent updates to avoid bugs and any kind of issues. Most of the apps that are taken care of properly after the launch are scalable and fine-tuned. 

That is the reason your app cost will be higher than the post support requirements. Regular app support goes through testing and QA processes, along with revisions. 

 How Long Does It Take To Make A Fintech App?

Fintech app development can take 3 months to 12 months. Let us break down this small sentence further. 

App Development Processes Time Frame
Idea Conceptualization 2 to 4 weeks
UX/UI Design 3 to 7 weeks
Development 3 to 9 months
Testing 3 to 6 weeks
Deployment 1 to 2 weeks
Post launch  An ongoing process

When you arrive with your app vision, there are many concepts and ideas to be discussed at first. Once we understand your Fintech app approach thoroughly, we move to develop a roadmap first. Generally, this process takes somewhere between 30 and 60 days, depending on your vision and business requirements. 

Once your ideas and concepts are widely discussed, our team of experts starts building wireframes and then a functional prototype. As the above table shows, many mini steps decide when you will get your app in hand. 

The next step, and then the next. This is an ongoing process until your app reaches the post-launch phase. We have discussed the costing factors above, and somewhere, the same factors also decide what the actual timeline for your Fintech app is—the app complexity, tech stack, efficient staff, and so on.

Smart Tips to Reduce Fintech App Development Cost

Smart Tips to Reduce Fintech App Development Cost

This is a wise thought to save on your Fintech app. Not every Fintech application in the market is too complex and loaded with features or high-priced. Here, if you have just thought of a finance app but are not sure how to spend a huge amount on it, there are ways we can talk and apply. 

Many Fintech app development companies in India offer you a basic accounting, payment, or trading app. Let us uncover some of the most liked methods to reduce Fintech mobile app development.  

1. Launch your MVP app

MVP is a well-liked product in the tech market. Many of the startups or business owners, who are a bit unsure about investing in an app, start launching with a minimal viable product. This is a product with limited features, and it is experimental. 

Such apps can be further customized or scaled based on market interest and trends. If we talk about cost, it will definitely cost you less than a full-fledged app and give you all the basic yet important features that you think there should be. 

2. Outsource the staff

There is always a choice when you go to the market. Your Fintech app also has the benefit of allowing you to choose from the given options. If you prefer to outsource an expert team and pay them for what they worked on (like per hour or functionality added), you can save a lot on other expenses. 

Companies that offer Fintech app development services are likely to offer cheaper resources than your in-house expertise. 

3. Do not hassle and save huge

When you keep on asking for app delivery, your mobile app development company tries to deliver it before it is due by hiring more staff and spending more in less time. Remember, do not rush for early app access. This hassle may cost you way more than a general Fintech app development process. 

Business owners looking for custom Fintech app development must not spend a huge amount to make the development system agile. 

4. Prefer agile testing

When your app goes through many post-support processes, it keeps on asking for investment, which means a lot of money, as every developer will be investing their time too. Regardless, you must prefer agile testing.  GMTA Software practices agile testing methods to avoid prolonged post-launch maintenance. 

5. Simple UI, easy navigation

Every Fintech app does not require different elements, colors, or transitions. Also, such apps do not require complex navigation. You can reduce the UI/UX cost by developing a Fintech app. Sometimes, your users like a few colors or basic navigation to save their time on the app and simply perform their tasks. 

Studies show that unnecessary layouts and hard navigation slow the app load time and push the user to leave the app quickly. 

6. Choose pre-built templates

What if you choose the ready-made layouts or templates for your Fintech app? This does not sound different in the time of clone apps. People prefer to go with popular apps’ user interfaces to compete with existing key players. 

This practice can help you save on your Fintech app development, offering you significant benefits. Thus, if you want to reduce your project price, pick ready-made apps. 

 

Know the real cost to build your fintech app today.

Contact Us

How To Build a Fintech App? 

As a decision maker, when you are absolutely convinced of building your Fintech app, you must get your checklist ready beforehand. This list includes everything you need to know about your app development process. Here is how to build your custom Fintech app by taking small, crucial and scalable steps. 

1. POC & Information gathering 

This is the first stage where your app and software  developers discuss your ideas and gather your Fintech app requirements. This is the step where things really matter. Your app idea is not just about knowing what app you want or who your competitor is or what features you want us to add, but it is more than these little ingredients. 

Our skilled Fintech app developers discuss every possible feature and concept of your app that distinguishes you in the tech market. We do not only focus on your Fintech mobile app development, but we also make sure your Fintech app has its own USP among competitors. 

We listen, we analyze, we put in proposals, and we agree. This is how the first stage gets over and commences the further stage—that is, designing your Fintech app. 

2. App design and approval

At this stage, we come up with a set of wireframes and working prototypes for your app. These frameworks are the “to be” or the “must be” elements for your Fintech app. With wireframes or prototypes, you can analyze how your app is going to look in the future. This stage contains the rough idea of navigation, User interface etc. 

Here, at this phase, the team of experts works efficiently to align with your ideas about your app. This stage is about an overview of your app’s interface, which might be preliminary but visionary as well. 

3. MVP development & market analytics

MVP is a baby model of the app. However, we can not say it is a baby model, yet it is a basic model of your Fintech app. MVP has a robust product that includes coding, the inclusion of technologies, and market review. Once your app is ready for its early adopters, it is in a good stage to launch in the market to get user response. 

Many businesses adopt this model to verify their ideas or analyze the users’ reaction to their concept. Because of the Agile methodology concept, this is a product that is always on iterations and keeps on upgrading based on users’ responses. 

4. Testing and QA

Once your MVP is ready, it is necessary to test it. Testing is the process of checking a product through various elements, such as bug fixes, broken code, or unwanted features. Quality assurance ensures the quality standard of your app before its release. This step also contains many sub-steps like test planning, test designing, execution, checking for defects etc. 

As soon as your Fintech app goes through these fine-tuned testing steps, it looks healthy and go-to-market-ready

5. Deployment and Maintenance

Deployment is the final stage of a product; your Fintech app is ready to launch in the market with all the security compliance and testing steps. Now, at this stage, our team of developers, as per your choice, launches the app on any of the platform(s) like iOS, Android or cross-functional. 

Further, the app keeps on taking updates with the latest technologies and trends under the support and maintenance process. This final process keeps your Fintech app agile, scalable and reliable. 

Key Features Every High-Performing Fintech App Should Have

Key Features Every High-Performing Fintech App Should Have

Security and user-friendliness are the two prime features in any Fintech app. When we talk about features listed in a finance app, many components decide whether this feature should be there or not. 

However, Fintech has a number of apps that determine the inclusive features. For seamless transitions, fine-tuned operations and an effective user interface, a Fintech app must have the following features overall.

1. Fintech app security

The first and foremost feature of a robust Fintech application is its security. For secure transactions, encrypted texts and calls, fraud detection and multi-factor authentication, resilient security features are a must-have. 

2. Multiple payment gateways

Integrating various payment options is a necessity for every user. Your Fintech app users might fail at interacting with a single payment mode and might seek other options, too. For this reason, a user must pick any of the payment modes of their choice in a Fintech app. This feature makes the user experience smooth and hassle-free at any point of transaction on your app. 

3. Interactive dashboard

Dashboards in any of the panels of a Fintech app must be user-specific and easy to navigate. When a user interacts with a Fintech app, they seek a dashboard to control all app activities. Engaging dashboards are good for gathering user behavior, business overview and monitoring all important app segments. 

4. AI-driven features

A Fintech app is no different from other AI approaches that are available in the market. Even a Fintech app requires features that are AI-centered and user-engaging 

AI features like chatbot, voice commands, AI suggestions, real-time market trends and auto-scaling in amount or balance are the need of today’s time. 

Such features that welcome AI integrations accelerate the app functionalities and follow the market algorithm.

Best Monetization Strategies For Fintech Apps 

Fintech apps are popular among financial heads, traders and regular banking services users. Many of the people who invest in Fintech apps are making money. Herein, moving towards a strategic financial outcome is also important for app owners. Some ways lead Fintech revenue to a pleasing point, where app makers also make money from their Fintech apps. 

1. Charge for every transaction

When a user makes transactions on your app, there must be a small dedicated amount for deductions as a service charge. When a Fintech app makes things smoother and easier for the users without stepping out of their comfort zones, they pay happily for this service. The transaction fees model offers user comfort and works well for financial deals. 

2. Subscriptions and plan upgrades

Many Fintech apps offer their users subscription-based services, categorized in plans, generally in three plans. These subscriptions help you earn more revenue on your premium services, advanced features unlocked and individual service plans. Such a model can be a source of consistent revenue for a Fintech app. 

3.Third-party API service & offers charges

Generate revenue by offering your users third-party app services. Every time a user makes online transactions using their debit or credit cards, a small portion of the amount is automatically added to their wallet. It is a way of making users’ app journey easier, and it is a recurring cost of such a service. 

Other than this, a Fintech app owner gets benefits when users click on displayed offers and services or avail themselves. These services might be direct from app owners or by other similar businesses. 

Challenges In The Fintech App Development Process 

Developing a Fintech app is not a challenge, but it is quite tricky, hampered by many hidden facets. Many Fintech apps face security threats if not taken care of properly, as they do not comply with the country’s security compliance or guidelines. Regulatory issues are also one of the prime reasons, your Fintech app might face challenges. 

We have fetched some of the main reasons why your Fintech app might face difficulties. However, confronting these hurdles needs tailor-made solutions, cutting-edge technology and user-specific approaches. 

1. Performance issues & app scalability

As your app grows, its user database grows, and the app’s scalability becomes a challenge. With a lot of analytical data, resource information and codebase structure, a Fintech app faces performance or loading issues. Higher volume transactions, and real time updates can create clutter in your finance app, resulting in app cripples. 

If a Fintech app is properly scaled by leveraging advanced technologies with a resilient app development partner, this might not be the case. 

2. Fraud Prevention & Cyber Security

Fintech apps are always a target for criminals as these apps are rich with users’ sensitive data and transactions. Cyber attacks and phishing are the most threatening challenges for a Fintech app. Cyber criminals always try to find ways to unlock the user’s security. 

When a Fintech app developer uses well-built app development approaches, there are way fewer chances of app hack or security threats. Therefore, working with an efficient team of developers is a must for Fintech app development. 

3. Regulatory compliance 

Meeting the app regulatory compliance is mandatory for the good health of a Fintech app. Different regulatory compliance like AML, GDPR, PCI DSS and PSD 2, affects the success of a Fintech app. These guidelines are necessary to follow while developing financial applications. If a Fintech app does not fulfill regulatory compliance, it is harmful for the app’s market reputation and may lead to severe challenges. 

GMTA Software Solutions uses advanced technologies to automate these regulatory compliance updates and keep them on track. By integrating legal frameworks, we focus on the app’s security and up-to-date policies at every step. 

4. Embedded banking & API integrations

Open banking requires multiple third-party integrations to make transitions seamless and effortless. While Fintech apps always require APIs for smooth interactions with other apps, it is also a challenge for app development companies to combine such functionalities using APIs. Many paramount companies like GMTA Software use openAPI or FDX frameworks for a Fintech app that does not compromise at any cost. 

Build Your Next Fintech App with GMTA Software 

We, at GMTA Software, are innovators. We not only develop apps, we develop ideas. Ideas that are visionary, result-oriented, and futuristic. Our Fintech app development strategies are holistic and bring life to your finance apps. The team of developers at GMTA Software excels at developing scalable and robust Fintech apps to make your business more structured. 

Our proven record of seven plus years has empowered many startups, enterprises and mid-level businesses by building agile, reliable and frontrunner mobile apps. Still need more to know about us—here is why your Fintech app requires an ally like GMTA:

  • We focus on your app ideas—tailored Fintech app development.
  • We develop intrinsic feature-based apps—cutting-edge app development.
  • We have a strong, proven, enterprise-oriented portfolio—enterprise-level app development.
  • We are result-driven, strategic, and trustworthy, offering complete Fintech mobile app development services.

Partner with GMTA Software for your state-of-the-art Fintech app development. Hire our professional personnel to make your mobile app development journey uncomplicated. 

Get a custom fintech app development cost breakdown

Contact Us

Final Note

Developing a Fintech app and estimating the cost to develop a Fintech app is a tricky task, but not a difficult one. When you are looking for a cost range for your financial app development, it is advisable to consider many other factors that affect the cost, types, app level and challenges. 

In case you neglect such aspects, your search may seem incomplete, dragging you into unwanted circumstances like poor app building, unpleasant UI and complicated navigation. 

Overall, your Fintech app needs a proficient team that creates market-ready products by leveraging cutting-edge technologies and reliable tools. With the right team, you can accomplish your financial app goal, leading the competitive market.Fintech App Development Cost

Frequently Asked Questions

The Fintech app development time cycle is approximately between 6 months and 12 months. This time frame is calculated according to your app features, ideas and concept. A well-built Fintech app, enriched with ample advanced features, needs more time than a ready-made app. 

There are some crucial steps while developing a Fintech application that every Fintech mobile app development company adheres to:

  • Idea conceptualization & brainstorming
  • Plan discussion & UX/UI design
  • Fintech app development
  • Testing & QA
  • Deployment 
  • Post-launch and maintenance

Most of the Fintech apps make money through third-party apps, a subscription model, running offers or advertisements. Other than this, every finance app earns on a different app concept, as banking apps earn on transaction commission, and so do other apps in different ways. 

Wise is a multinational Fintech company that deals in huge transitions, offering international money transfer services and other related services. Such a Fintech app requires a huge database and technology integrations to make it feasible for everyone without going slow or clunky. A Fintech app, Wise, needs deep market research, data analytics and a skillful team of developers.

Out of many well-established app development companies, GMTA Software Solutions is one of the best mobile software development companies. We build scalable and cutting-edge mobile apps that let your business compete in today’s throat-cut market. We have been serving enterprises for more than 7 years and have provided remarkable mobile app solutions. 

Are You All Set to Discover the GMTA Distinction?

Discover how our software developers revolutionize your business with a 7-day free trial and commence your app development journey with us!

Contact Us Today