What types of fintech software can you build?

You can come to us with any product idea related to financial operations: banking software, P2P solutions, insurance platforms, asset management, crypto exchange, etc. We’re building web and mobile fintech apps, as well as other services that fit your needs and tech stack.

Can you develop a compliant fintech solution for any country?

Yes. As a fintech software development agency, we’re keeping track of data security and privacy regulations to make sure the end product is compliant and safe to use. As each project is unique, we always do additional research into the regulatory landscape of the target region and market to guarantee uncompromisable security.

What are the essential features of fintech software?

Some of the must-have features in the fintech sector include secure authentication, user accounts and account manager, payments and transfers, notifications, and integrations with payment gateways and other systems. On top of that, innovative features like AI-powered assistants are becoming the new norm in the industry.

What development team do I need for a fintech software development project?

The size of the team and specialists involved depends on the scope of work you require but generally, you’ll need 1-2 backend developers, 1-2 frontend developers, 1-2 designers, and 1-2 QA engineers. If a software development provider builds a dedicated team for you, it also includes a project manager who oversees the process of development and discusses the progress and changes with you. You might also get other IT specialists like business analysts if you require particular expertise in validating your fintech app idea, researching the market, conducting interviews with users, or analyzing your existing solution and tech stack.

What is the cost of fintech software development?

The average cost for a fintech project ranges from $90,000 to $300,000 but isn’t limited to this range. The two defining factors are developers’ rates and the time it takes to build your product. The latter, in turn, depends on the complexity of your solution: the number of features, custom integrations, the amount of data you want to be stored on servers, the interactiveness of design elements, and so on. To get a clearer picture of the cost of development services, schedule a free call with us, and we’ll provide you with an estimate based on your requirements.

How to find the right fintech solutions software development company?

There are platforms like Clutch that connect businesses with software development providers, where you can explore the portfolios and reviews of different companies. Search for a company that has relevant experience and get a consultation call to learn about the collaboration models offered, the communication tools you’ll be using, and other aspects you’re interested in.

Award-Winning Fintech Software Development Company

Trust your project to an experienced fintech development provider and get ahead of the competition with high-quality fintech software.

200+

Delivered projects
19+

Years of business excellence
4.9

Review rate on Clutch

Why partner with our fintech software development company

19+ years in software development

Binary Studio has been developing software solutions for almost two decades. While having extensive experience, we never stop improving, and our developers are committed to lifelong learning and gaining new skills.

Top 0.5% fintech software developers

We hire only 0.5% best IT specialists and have our own IT academy to find and train new tech talents. Our fintech developers have a solid background in building high-quality services that solve real-world challenges.

Hands-on experience with AI/ML

Fintech is a fast-evolving industry that doesn’t tolerate resistance to innovation. We have developers focused on AI/ML engineering, and they can improve your product with AI-powered capabilities like risk analysis and smart predictions.

Expertise in fintech development services

We’ve built new fintech solutions and improved the existing ones. We always use the latest tools and best industry practices to ensure regulatory compliance in any given region, top-notch security and data protection, and scalable software architecture.

Flexibility in cooperation

You can hire individual engineers to extend your team, or we can build a dedicated fintech development team for your project. During the process of development, you’ll be able to regularly review a working version of your product and make changes if necessary.

Quick project launch

We value your time and are always ready to jumpstart the development within just two weeks upon discussing the requirements and agreeing on the scope of work. We’re also open to adjusting to your desired timeframe to make sure your product is released on time.

Our fintech software development services

Digital banking services

Traditional banking institutions benefit greatly from modernizing their software or creating new consumer-centric apps that will make daily financial operations easier. We can build secure and engaging solutions for the banking sector.

Investment management tools

Whether you want to build a platform for buying and selling investments, or you envision an app for wealth management with smart investment recommendations, we can bring that idea to life and create a solution with real-time market monitoring and personalized insights.

P2P lending apps

Reach out to us if you want to build a P2P lending solution that allows for secure processing and collection of payments, intuitive account management, and a robust backend to handle high user loads.

Mobile payments and digital wallets

Our fintech developers can build digital wallets supported on a variety of platforms to enable swift transactions, including in crypto, and a user-friendly way to monitor and manage payments.

Binary Studio’s awards

We’ve been continuously recognized by the B2B platform Clutch as leaders in many areas of development. In particular, we’ve been included in the top company lists as financial app developers and top software developers for startups in 2024.

The process of fintech software development

From product ideation to release and beyond, we’ll be your tech partner in building a fintech solution according to your vision. The process of custom fintech software development usually goes through the following stages:


1	Business requirement analysis and the discovery phase	Our engineers will suggest the optimal development approach and tech stack for your project. We also can help you with the discovery stage, validating product concepts by analyzing target customers and their pain points.	1-2 weeks	Head of PMO Product Manager
2	Building a team and creating a software architecture	We’ll build a suitable team for your project, and engineers will start by building an architecture of your solution that aligns with your business requirements and allows for flexibility and scalability.	3-4 weeks	Head of PMO Senior Full Stack Engineer
3	Product design, development, and testing	Development and design will be done according to the Agile methodology, and you’ll be actively involved in the processes, reviewing your product and making adjustments. Along the way, the solution will be continuously checked for bugs, usability issues, and security flaws.	3-6 months	Development Team
4	Fintech MVP release	We’ll deliver the MVP with the minimum functionality that covers all the essentials. By quickly getting to market your product and receiving real user feedback, you’ll be able to understand what’s working and what needs improvement.	3-4 weeks	Development Team
5	Scaling and improving the software solution	Once you have some feedback on the MVP, we’ll be happy to continue working on your fintech product. We can provide continuous support, as well as add new features or integrations, change something in the design, and so on.	Ongoing	Development Team

Need a scalable and compliant fintech app?

Trust your project to a company with 19+ years of experience.

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Successful fintech development cases

As a fintech development company, we’ve worked on various projects ranging from improving the existing crypto trading app to building a new investment service.

View more case studies

“

One thing that continues to impress us is the exceptional quality of engineers that Binary Studio is able to provide us

Mark Volkmann - CEO /

Massage Book

Watch video

“

Binary Studio has really been pivotal in FanAngel's success

David Burton - CEO /

FanAngel

Watch video

“

Binary Studio is an ideal software development partner and our experience working with them has been fantastic

Pascal Desmarets - Founder & CEO /

Hackolade

Watch video

Mark Volkmann

CEO / MassageBook

Charleston, SC

David Burton

CEO / FanAngel

San Luis Obispo, CA

Pascal Desmarets

Founder & CEO / Hackolade

Brussels, Belgium

Who needs fintech software development services

Banking institutions

Banks can improve their operation and boost customer satisfaction by developing custom apps. A user-friendly system that allows for easy management of accounts and payments can lead to higher levels of loyalty and, ultimately, higher revenues.

Crypto startups

Companies that want to launch a new crypto-related application on the market will benefit from partnering with a fintech software development company that can quickly and efficiently build an MVP, which can then be expanded according to user feedback.

Trading and investment platforms

Big players in the investment market can be challenged by new software solutions that offer new benefits to people involved in trading: for example, personalized reports and recommendations on the investment portfolio or real-time monitoring of various stock markets.

Our tech stack

HTML
CSS
JavaScript
Vue
React
Angular
Electron

Node.js
.Net
PHP
Java
Python
Go

IOS
Android
Swift
Flutter
React Native
Xamarin
Cordova
PWA

Cyrpess
Selenium
Playwrite
Puppeteer
Mocha
Chaj
Jasmine

SQL Server
MySQL
PostgreSQL
MongoDB
SQLite
Azure SQL
Amazon RDS
Google Cloud SQL

Express.js
Fastify
Laravel
Symfony
CakePHP
Ruby on Rails
Django
Flask

AWS
Azure
Google Cloud
Digital Ocean

Docker
Kubernetes
AWS Dev Tools
Azure DevOps
Google Dev Tools
Jenkins

Software development for fintech: FAQ

What types of fintech software can you build?

You can come to us with any product idea related to financial operations: banking software, P2P solutions, insurance platforms, asset management, crypto exchange, etc. We’re building web and mobile fintech apps, as well as other services that fit your needs and tech stack.
Can you develop a compliant fintech solution for any country?

Yes. As a fintech software development agency, we’re keeping track of data security and privacy regulations to make sure the end product is compliant and safe to use. As each project is unique, we always do additional research into the regulatory landscape of the target region and market to guarantee uncompromisable security.
What are the essential features of fintech software?

Some of the must-have features in the fintech sector include secure authentication, user accounts and account manager, payments and transfers, notifications, and integrations with payment gateways and other systems. On top of that, innovative features like AI-powered assistants are becoming the new norm in the industry.

What development team do I need for a fintech software development project?

The size of the team and specialists involved depends on the scope of work you require but generally, you’ll need 1-2 backend developers, 1-2 frontend developers, 1-2 designers, and 1-2 QA engineers. If a software development provider builds a dedicated team for you, it also includes a project manager who oversees the process of development and discusses the progress and changes with you. You might also get other IT specialists like business analysts if you require particular expertise in validating your fintech app idea, researching the market, conducting interviews with users, or analyzing your existing solution and tech stack.
What is the cost of fintech software development?

The average cost for a fintech project ranges from $90,000 to $300,000 but isn’t limited to this range. The two defining factors are developers’ rates and the time it takes to build your product. The latter, in turn, depends on the complexity of your solution: the number of features, custom integrations, the amount of data you want to be stored on servers, the interactiveness of design elements, and so on. To get a clearer picture of the cost of development services, schedule a free call with us, and we’ll provide you with an estimate based on your requirements.
How to find the right fintech solutions software development company?

There are platforms like Clutch that connect businesses with software development providers, where you can explore the portfolios and reviews of different companies. Search for a company that has relevant experience and get a consultation call to learn about the collaboration models offered, the communication tools you’ll be using, and other aspects you’re interested in.