Top 10 FinTech App Development Companies for 2024
Due to the tremendous advancements being made in the financial sector by the widespread usage of mobile devices, the development of FinTech apps is becoming increasingly popular worldwide.
Research estimates that 6.92 billion individuals, or 86% of the global population, will own smartphones in 2023.
But creating a financial app can be a difficult undertaking that need for in-depth technological understanding. The top FinTech app development firms will be highlighted in this post, along with advice on how to select a financial software partner for expedited and cost-effective development.
Overview of FinTech app development services market
By 2025, the global market for FinTech app development services is expected to be worth about $305 billion due to its steady expansion.
Numerous reasons are responsible for this increase.
First, there is the pervasive use of smartphones and the internet.
Second, technological developments like blockchain and artificial intelligence have created new avenues for fintech innovation and fueled the market's expansion. Furthermore, legislative adjustments have made it possible for fintech businesses to contend with established financial institutions on an even playing field.
Because more and more people are using mobile payment solutions for their everyday financial activities, the amount of digital payments has expanded dramatically. By 2027, 5.48 billion people are anticipated in the digital payments sector, according to Statista.
Top 10 FinTech app development company in 2024
Appic Softwares
Appic Softwares is a premier fintech app development company, specializing in crafting tailored solutions for financial institutions, startups, and enterprises. Their services encompass custom app development, blockchain integration, AI-driven analytics, and robust security measures.?
With a focus on innovation and client satisfaction, Appic Software delivers user-centric UI/UX design and prioritizes quality assurance. Trusted for expertise, reliability, and a client-centric approach, they empower businesses to thrive in the dynamic landscape of financial technology.
KindGeek
KindGeek is a full-service financial app development business that prioritizes the needs of its clients. It provides a full-service one-stop shop for the creation of specialized fintech software.
Their services encompass all phases of development, from conception to implementation and continuous assistance. Innovative technologies including blockchain, bots, AI, AR/VR, NFT/WEB 3.0, and AR/VR are all brought together by KindGeek.?
Cleveroad
Software development firm Cleveroad is well-known for its proficiency in offering tailored software solutions, including the creation of web and mobile applications, to a variety of sectors, including healthcare, logistics, and fintech.
The primary competences of Cleveroad encompass a broad spectrum of software development domains, such as cross-platform solutions, AI/data science, machine learning, and native mobile and online development.
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Itexus
Serving clients in 23 countries, Itexus is a FinTech app development business that specializes in the financial services sector. The firm offers a wide range of services, from enterprise-ready, AI-powered digital banking and investment management systems to mobile app development.
For the financial industry, the company provides a broad range of software development services, such as UI/UX design, mobile financial app development, financial product development, custom financial software development, and fintech consultancy.
Miquido?
Miquido is a full-service tech partner that uses cutting-edge technology to solve business problems. It provides a wide range of services, such as product design, strategy and ideation, online and mobile app development, and artificial intelligence solutions.
Miquido takes pride in meeting deadlines while producing noticeable results. Within two weeks, the company can produce prototypes, and in three months, MVPs.
Dataart
DataArt is a well-known software engineering company with 20 years of experience in the field, having been founded in 1997. Its proficiency encompasses digital transformation and modernization of outdated systems, allowing financial institutions to adjust to evolving consumer behavior with efficiency. Digital transformation, cyber security services, data management and analytics, insurance software development, and legacy re-engineering are some of the services they offer.
Inoxoft
Inoxoft is a reputable bespoke app development business that specializes in banking services. The company was founded in 2014, and since then, it has grown significantly and established itself in a number of significant cities, such as Philadelphia, Tallinn, Lviv, and Tel Aviv.
The qualified teams at Inoxoft are experts in a variety of cutting-edge software technologies, such as Python,.Net, Flutter, React Native, React, and Node.js. To facilitate data-driven solutions and the efficient application of AI, the company provides big data analytics and machine learning services.
Netguru?
With more than 700 staff members and nearly 15 years of experience, Netguru is a financial app development firm. The business aids businesses in creating tailored, customer-focused goods that satisfy the demands of contemporary consumers. It specializes in fintech.
Digital wealth solutions, investment platforms, banking-as-a-service, banking platforms, and fintech startup support are among the areas in which Netguru specializes. From creating financial goods to enhancing security and digital banking technologies, Netguru provides a variety of services.
Praxent
With a website, a stolen copy of Photoshop, and the intention of assisting regional businesses in succeeding in the digital innovation space, Praxent was established in the USA in 2000. Following twenty years of expansion and improvement, including four office moves and over 300 projects, the company is still growing and keeping up with the digital revolution.
The company, which focuses on FinTech, real estate, and insurance, has a history of providing its clients with cutting-edge and significant software solutions that help them accomplish their objectives through user-centric digital experiences.
Appinventiv
Having started in 2015, Appinventiv now employs more than 1000 tech professionals. The business is renowned for its proficiency in creating cutting-edge, user-focused mobile applications.
UI/UX design, cross-platform app development, iOS and Android app development, and app strategy consulting are just a few of the many mobile app development services that Appinventiv, a company with a solid track record in the field, provides.