Top Fintech App Development Companies in the UK

Financial Technology, popularly referred to as ‘Fintech’, is one of the fastest-growing niches in the service industry, which is gaining mainstream recognition and expanding its horizon every year. As Millennials and Gen-z are all for convenience and traditional in-person banking seems to slowly fade away, most of the monetary systems today are run through mobile and web applications across the globe. Also, with fintech mobile apps on the forefront of the financial system, there has been a rise in the importance of financial literacy and money management skills among citizens, giving birth to a lot of now new-age financial products and services crafted by fintech startups with the help of the best fintech app development companies leveraging artificial intelligence, past data analysis, and intensive in-depth research.?

Fintech aims to improve and simplify your financial operations or monetary transactions, be it your daily financial commitments, long-term allocation of savings, or mobilization of your idle money through the use of modern technology. Fintech has been a major catalyst for growing investments in capital markets, bonds, digital assets, and startups. It has also played a critical role in streamlining personal banking, borrowings, and rapid-fast payment systems, contributing to ease of doing business.?

UK Fintech Landscape

The developed, innovative, and leading economy of the UK, is the 6th largest economy in the world in terms of GDP. London is at the forefront, the country boasts a huge financial service sector worth billions with the best global fintech companies based at the heart of the UK. Approximately, 50 percent of the unicorns in the UK operated as fintech startups and invited big investments in the sector. The major center of attention is lending and payment fintech solutions.?

Fintech app development services are in high demand in the United Kingdom due to a growing fintech sector in the country and globally as well, and the opportunities arising from that; favorable economic and regulatory policies, supportive financial prerequisites, best technology talent, accessibility to resources, educational and cultural diversity and a rise in the young knowledgeable investing and financially-strong population.?

So folks, if this gets you curious to know about what are some of the potential options for availing fintech app development aid in the UK for your new or existing business, we have churned out some of the top app development companies in the UK that are doing well and possess good capabilities for fintech.

Top Fintech App Development Companies in the UK

1. Goodcore

A first-rate technology company based out of London and operating since 2005, Goodcore offers a variety of services to its wide client base. With its mobile apps and high-tech software solutions, the company has a presence in finance and fintech, sports, education, healthcare and utility industries, etc., apart from core technology.

The company has been developing unique and outstanding fintech apps for more than a decade now for multiple financial businesses and startups, giving their clients an edge over their competitors in terms of technological features and promoting overall growth of revenue, sales, and operations of a particular organization. They also assist their fintech customers with comprehensive fintech product designs, API development, and constant support.

This top fintech app development company in the UK is capable of developing banking applications, trading and investment platforms, loan management systems, insurance solutions, and regulatory compliance monitoring systems.???

• Significant fintech app development- developed an app for the SWIFT organization (a global payments system used by banks and financial institutions across the globe to communicate and transact internationally). The app is called Sibos, named after the world’s biggest financial service event, the Sibos Conference, organized by SWIFT every year. The app is curated specifically for users to enhance their experience at the event in terms of seminars, conferences, and networking opportunities.

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2. Apadmi

This venture, founded in 2009, is known for creating top-class, innovative digital products and providing the best experience for their clients’ users. Apadmi has a big, talented team with in-house award-winning software developers, UX/UI designers, marketers, etc., across offices in Manchester, London, Edinburgh, and Utrecht. The fintech app development company has been on the move, working with a lot of top brands for more than a decade now, and has also catered to high-value clients such as Domino’s Pizza, Chelsea Football Club, BBC, etc.

• Significant fintech app development- worked with Chetwood Financial and crafted an app called Wave for managing credit cards issued by Chetwood for their customers. It’s a highly rated fintech mobile app with a rating of 4.7 on Play Store, with almost 98-99% of users happy with the onboarding, user-interface, and operating functions of the app. The platform has successfully recorded over 2.5 million transactions across 150,000 merchants in just a few years.

Also, in a different project the company crafted a fintech app for investment in securities and share trading called Charles Stanley Direct App for Charles Stanley, a renowned investment management firm.

3. Tech Alchemy

A new age technology company founded in 2016 building solutions for the future of finance diligently working with aspiring fintech startups. The company is very enthusiastic about cryptocurrencies, blockchain, gaming, cybersecurity and AI. Their Fintech portfolio includes working on DeFi (decentralized finance) solutions like developing DApps (decentralized applications); developing marketplace platforms for NFTs (non-fungible tokens); data immutability solutions through the use of blockchain specifically involving developing smart contracts that ensure data cannot be breached or tinkered and is safe, secure and trustworthy.?

• Significant fintech app development- They have successfully served clients such as MyBricks (property investing), Mercore (financing solutions and financial compliance processes for corporates), Darabase (leveraging property income through ads in augmented reality and trading digital right’s of the properties through the use of NFTs).?

4. Waracle

This dynamic company’s work is spread across three different industries- financial services, health, and energy. One of the top fintech app developers in UK, the folks at Waracle collaborate with their clients to develop ground-breaking and impactful digital products. They bring in digital capability development services, which is a 4-step process involving delivery and product transformation, comprehensive digital advisory/guidance related to trends, new technologies, etc, and strategies to avail the services of the best digital talent that can enhance the entire landscape of your fintech business.?

• Significant fintech app development- Waracle has worked in fintech with prestigious organizations like Royal London, enabling better pension management for their customers through digitalization, and Virgin Money, a well-known financial services brand in the UK by creating bespoke digital products for SME(small and medium enterprises) customers.

5. Silverchip

The firm’s major interest is mobile app development apart from offering services in cloud computing, web development, etc. The fintech application developing company in UK has established connections and catered not only to tech-driven startups but also to big giants of different industries. In fintech app development services, their focus has been to provide their clients with authentic, bespoke, and scalable digital solutions to ensure high-tech, smooth, and simplified operations and happy customers of their fintech clients.?

• Significant fintech app development- Silverchip built an excellent and integrated award-winning fintech mobile app for ‘Suits Me’ used by more than 50,000 customers. It provides the user with a platform where he/she can open an e-money account within minutes and also receive a contactless debit card. The app has aesthetic designs and an amazing, easy-to-use UI. The fintech application is quite secure and can be used offline as well.??

Read More: E-wallet App Development - Cost and Key Features

6. Blink22

It is quite likely you have come across the name of this popular fintech app developer company, Blink22 that aims to convert your ideas into profitable digital solutions and software. The corporation has clients in more than 17+ countries and has completed 80+ remarkable projects. The key areas that the company specializes in are mobile app development, web development, and the development of well-executed and innovative chatbots.?

• Significant fintech app development- The fintech portfolio of Blink22 is quite impressive and extensive. Two of the major contributions include JumiaPay and Khatabook. JumiaPay is an online payment solution that allows users to pay for their phone recharge, electricity and water charges, restaurant bills, etc. It also gives its customers loans and credits. Blink22 helped JumiaPay update their app by integrating more software and ensuring compatibility with other platforms smoothly without compromising the quality of their fintech app.

Khatabook, a by-product of Digital India campaign is India’s most sought-after business management company that provides small and medium business owners to manage their accounts, inventories, taxes, etc digitally through their application or desktop version. The fintech application is being used by over 30 million businesses and is a quite reliable, trust-worthy firm. Blink22 provided their services to Khatabook for building their iOS fintech mobile app and also to solve technical errors in the already present android fintech mobile app.

7. Red-C

Based out of London, Red C is a veteran app development agency that has developed over 200 apps listed on the App store with some of them being the first ones to hit the App Store in 2007. They are a team of experienced professionals and well-equipped to provide consultancy & strategy services, enterprise mobile solutions, web services, products/services in augmented reality, UX/UI design, hosting and maintenance, etc all under one roof to any individual/institution in the world.??

• Significant fintech app development- Red C worked hand-in-hand with Trading Places(a forex advice and informative platform for traders) to build an integrated mobile app with features such as videos, articles, live streams, quick trading data and information, chatting, trading analysis, etc for engaging and attracting their app users.??

The UK fintech app development house was approached by the Blackhawk Network to help with their upcoming app Yonda (a prepaid card that offers cashback rewards to pay from their card). Red-C worked on the project diligently, creating illustrative designs and animations along with developing APIs.?

Also Read: Top Mobile App Development Companies in USA

8. SPD Technology

A great fintech app and top web development company in USA founded in 2006, SPD Technologies places a lot of importance on R&D(research and development) to empower them to the next level and win their client’s trust. The key industries that the company operates in include fintech,insurtech, and e-commerce. Their focus is to leverage the power of augmented reality, machine learning, and Internet-of-Things into their modern digital products and solutions.?

• Significant fintech app development- Possessing a big-portfolio of past work in the fintech area, the digital app developer has completed several major projects successfully. Approached by Mogami (a personal-finance assistance application), SPD Tech worked with their team to make a compelling tool for leading the way for users in efficient personal finance.?

Apart from that, they assisted Poynt(a rapidly growing fintech startup) as their main technology partners and an equity-research, investment advisory company to improve their platform overall.?

9. Elixel

If you want your fintech mobile app design to have great aesthetics and look attractive to any new user, Elixel is your solution. A proud mobile app designing company thriving for more than a decade, Elixel is the finest fintech app development company in UK. The concern works closely with brands to understand their goals and obstacles to deliver impactful solutions through in-depth research and strategy, focusing on designing with creative UX/UI, and inculcating the best visual designs, wireframes, and prototypes. Apart from the development and testing of the app, Elixel also supports their clients after launch to continuously adapt and evolve the products and review analytics.

• Significant fintech app development- In 2018, WPA, a not-for-profit organization that offers various health insurance products to individuals and corporations, wanted to enhance its digital presence and give its customers better online service. Elixel designed a bespoke fintech app in the insurance niche for the WPA organization. Today, the insurtech/fintech app, after some updates, is loaded with key features like easy navigation, customer feedback, guided information, a separate health and wellness section, etc, and allows users to make quick claims.

Read More: Top Fintech App Development Companies in India

10. Andersenlab

An all-round software development company in the United Kingdom, Andersenlab has been in business for about 16 years now and employs thousands of industry experts worldwide. The business concern has completed projects in more than 10 different industries and served clients in 53 countries. It offers a wide range of services from mobile and web development to project management, quality assurance, DevOps services to IoT (internet of things), solution architecture, SaaS, etc.?

• Significant fintech app development- Andersenlab pitched in for AssetBook, to develop a secure, efficient, and multifaceted asset management app for their fintech client. The fintech web developer company in UK also joined forces with French multinational bank BNP Paribas to build a product that helps the bank monitor legislation changes easily. Other fintech application development contributions of Andersenlab include offering digital services to ‘Zuto’-a car loan solution platform, ‘Clear.Bank ’- a British clearing bank providing payment clearing solutions, and ‘Cirdan Capital’-a financial boutique offering investment products.?

Final Thoughts!

For a fintech startup or even an established financial business going online, the best way to lure their customers/users and retain them is through their mobile app. The fintech mobile app and its credibility, features, onboarding, speed, operations, and designs are some important aspects that will set you apart and reflect your differentiation as a financial technology business. The UK is a hub for one of the most impressive fintech app development companies on the planet, and each fintech app development company comes with its own set of specializations and capabilities. Thus, make sure to definitely choose a top fintech development company in UK suitable for your business to get you started.?

Frequently Asked Questions

Q1. What are some of the top fintech app development companies in UK?

There are a lot of top-notch companies that offer valuable services in fintech app development in UK- Waracle, Silverchip Andersenlab, and Apadmi to name a few.?

Q2. Which is the most popular fintech app development company in UK?

Apadmi, SPD Technology, Goodcore Software, and Elixel are some of the most popular fintech app development companies in UK.?

Q3.? Which app development company is the best for insurance fintech solutions in UK?

Elixel is a digital agency in the United Kingdom that has previously worked with Insurance fintech brands and possesses all the capabilities for the same.

Q4. Is there a fintech app development company in UK engaging with virtual financial assets?

Techalchemy, a young and dynamic technology-driven company in UK known for its progress in blockchain development, has experience working with various clients dealing in virtual assets.?