Looking to build a fintech app? We've evaluated top fintech app developers to help turn your idea into a secure, market-ready product.

Blaze.tech stands out with its no-code platform and enterprise-grade security. Appinventiv brings AI to app development, and Fueled makes fintech feel human with intuitive app-building expertise.

But first, what do you need to consider before you make a choice?

Best 10 Fintech App Developers for 2024

1. Blaze.tech
2. Appinventiv
3. Fueled
4. Softeq
5. Altoros
6. Intellectsoft
7. ScienceSoft
8. ELEKS
9. Rootstrap
10. Hyperlink InfoSystem

Key Considerations for Choosing a Fintech App Developer

Choosing the right development partner for your fintech app can make or break your project. Here's what actually matters when making your decision:

Security and Compliance First

Don't compromise here –– the best fintech app developers have proven experience with financial security standards and compliance requirements. Look for specific certifications like SOC 2 and ask about their experience with GDPR, PSD2, and other relevant regulations.

Real Fintech Experience

Generic app development skills aren't enough to build a high-quality fintech app. Your developer should understand financial workflows, banking integrations, and payment processing. Ask to see examples of financial apps they've built and how they solved specific industry challenges.

Integration Capabilities

Most fintech apps need to work with multiple services, such as payment processors, banking APIs, identity verification tools, and more. Your developer should have a track record of successful integrations and understand the complexities of financial data synchronization.

Clear Communication

Look for developers who explain complex technical concepts in plain language. They should provide regular updates and have a clear process for handling changes and issues. Red flags include delayed responses and unclear explanations of their development approach.

Scalability Planning

Your app needs to handle growth. Ask potential developers about their approach to scalability –– how do they handle increasing users, transactions, and data? What's their strategy for maintaining performance as your business grows? These questions will help you future-proof your fintech app.

Budget and Timeline Management

A good fintech developer knows that it takes time and resources to build secure, compliant apps properly. 

Look for developers who provide transparent pricing, realistic timelines that account for compliance reviews, and the flexibility to adjust scope without compromising essential features. Be wary of unusually low estimates — they often lead to costly fixes later.

How We Selected the Best Fintech App Developers

Our evaluation focused on three critical areas that separate reliable fintech developers from the rest. Here’s what we looked for when conducting research:

• Security implementation: We went beyond marketing promises to examine real security practices. This meant ensuring SOC 2 certifications, reviewing encryption methods for data protection, and checking how each developer handles sensitive financial data.
  
  
• Proven results: We examined case studies showing how developers tackled specific challenges and looked for successful projects.
  
  
• Scalability evidence: We looked for examples of how each platform handled growth, such as transaction processing speeds under heavy loads, database performance with millions of records, and system stability during peak financial periods.

Top Fintech App Developers for 2024

1. Blaze.tech

Most fintech app development projects face three major hurdles: security compliance, development speed, and technical complexity. 

Blaze tackles all these with an innovative no-code platform that's specifically built for financial services.

Key features

• Blaze has a simple drag-and-drop interface that makes building a fintech app easy for non-developers.
  
• The platform has enterprise-grade security with SOC 2 Type 2 certification, built-in compliance features, and automatic security updates.
  
• Blaze allows you to build advanced workflow automations that handle complex financial processes without coding.
  
• A library of pre-built components designed specifically for fintech applications –– think payment processing, digital signatures, and secure document handling.
  
• Blaze comes with automatic audit logs and comprehensive security features that make compliance a breeze.
  
• Blaze also has AI-powered assistance for configuring complex workflows and business rules.

Best for

Finance teams who need to launch secure, compliant applications without getting bogged down in technical details. Blaze is ideal when you need to:

• Deploy enterprise-grade fintech solutions quickly.
  
• Maintain strict security and compliance standards.
  
• Give your finance team direct control over application development.
  
• Create custom workflows without depending on developers.
  
• Scale your application as your business grows.

Considerations

While pricing is customized to each project's needs, the initial investment might seem higher for early-stage startups. However, the rapid development capabilities and reduced need for engineering resources often make it more cost-effective in the long run.

2. Appinventiv

Appinventiv has become a popular choice for fintech mobile development. You can use their platform to turn your banking ideas into sleek, user-friendly apps that handle everything from digital payments to wealth management.

Key features

• They've mastered AI-driven risk assessment –– for example, you can build a lending platform that makes smart decisions about loan approvals in seconds.
  
• Their blockchain payment systems have an impressive track record of handling high-volume transactions securely.
  
• Mobile security is top-notch, with features like face ID, fingerprint scanning, and real-time fraud detection.
  
• Some of their standout work includes building wealth management platforms that now serve millions of users and creating payment apps that process over $500M in monthly transactions.
  
• Each project comes with a dedicated security team that monitors and updates protection measures.

Best for

Mid-sized fintech companies and funded startups that need sophisticated mobile solutions. If you're planning to scale quickly and want AI or blockchain features in your app, they've got the technical muscle to make it happen.

Considerations

Their focus on cutting-edge technology integration typically results in higher development costs and longer timelines.
The process requires significant technical input from your team, which might not suit organizations looking for quick deployment or those without technical expertise. Projects can take several months to complete, so plan accordingly.

3. Fueled

Fueled has been the creative force behind some intuitive fintech apps for clients like Crunchbase, WSJ, and more. While many developers get caught up in complex features, Fueled's team starts with how people actually use financial apps in their daily lives.

Key features

• They excel at crafting tailored app strategies that align with your financial goals, ensuring every feature serves a clear purpose.
  
• Their design process is rooted in deep research into user behavior, creating intuitive experiences for tasks ranging from quick balance checks to detailed investment decisions.
  
• They specialize in seamless development for both iOS and Android platforms, ensuring your app functions flawlessly on any device.
  
• Fueled offers backend systems to power their apps, enabling secure, efficient financial operations and smooth integrations with third-party services.
  
• Their expertise extends beyond development to help grow your app’s user base, employing proven strategies for acquisition and retention.

Best for

Financial companies that want their apps to feel different from traditional banking apps. If you're targeting millennials or Gen Z, or if you're trying to make complex financial services more accessible to everyday users, their approach could be perfect for you.

Considerations

While they create beautiful, functional apps, projects requiring heavy data processing or complex server-side operations might need supplementary development support. Their design-first approach can also mean longer development cycles for features that prioritize functionality over form.

4. Softeq

Softeq has built its reputation on handling complex financial applications that need to process millions of transactions while keeping every byte of data secure. Unlike smaller development shops, they bring a lot of experience working with major financial institutions.

Key features

• Softeq has scalable backend systems built to handle high-volume transactions.
  
• The platform provides advanced data encryption and protection protocols.
  
• Building fintech software is easier with Softeq’s custom API development and third-party integrations.
  
• Softeq offers continuous monitoring and maintenance services.

Best for

Large financial institutions and established fintech companies that need scalable solutions. If you're handling sensitive financial data for thousands of users or processing high volumes of transactions daily.

Softeq's enterprise-focused approach and comprehensive security measures make them a solid choice for your project.

Considerations

Their enterprise focus means projects typically require substantial budgets and longer timelines. Smaller companies or startups might find their processes too heavy for rapid deployment needs. 

5. Altoros

Altoros brings a data-first approach to fintech development. When banks and financial companies need to make sense of massive amounts of customer data or automate their decision-making processes, Altoros steps in with smart solutions that actually work.

Key features

• Their AI and machine learning systems help predict customer behavior and detect fraud before it happens.
  
• Custom analytics dashboards give clear insights into customer spending patterns and financial trends.
  
• They excel at modernizing old banking systems without disrupting daily operations.
  
• Each project comes with detailed documentation and training for your team.

Best for

Companies dealing with large amounts of financial data who need to make it useful. They're particularly good at helping traditional financial institutions modernize their systems and add AI capabilities.

Considerations

Their data-focused approach means they might not be the best fit for projects that prioritize user interface design. They also tend to need more involvement from your technical team during development.

6. Intellectsoft

Intellectsoft has specialized in building financial software that follows strict regulatory guidelines. They combine regulatory knowledge with technical expertise to create fintech solutions that satisfy both users and auditors.

Key features

• The platform uses a cloud-native architecture, providing maximum flexibility for scaling and adaptability.
  
• It offers custom software solutions designed to address specific market needs and challenges.
  
• Comprehensive API development and seamless integration capabilities ensure smooth connectivity with existing systems.
  
• Regular security updates and compliance monitoring are implemented to keep the application secure and aligned with regulations.
  
• Automated testing and quality assurance processes are in place to deliver reliable, high-performing applications.

Best for

Mid-sized and large financial institutions that operate in heavily regulated environments. Suppose you need a development partner who understands the nuances of financial compliance while still delivering modern, user-friendly applications. In that case, Intellectsoft's balanced approach to regulation and innovation makes them worth considering.

Considerations

Their focus on regulatory compliance can mean higher costs and longer development cycles. Companies looking for rapid deployment of simpler applications might find their processes too intensive. Their services are typically priced for established businesses rather than startups.

7. ScienceSoft

ScienceSoft has helped many traditional financial institutions step into the digital age, handling everything from core banking systems to modern digital wallets. What sets them apart is their ability to navigate both legacy systems and cutting-edge technology.

Key features

• The company provides end-to-end financial system development, covering every aspect of the software lifecycle.
• Digital wallet and payment solutions are designed to meet the demands of modern financial transactions.
  
• The team offers expertise in integrating legacy systems, ensuring seamless transitions to updated technologies.
  
• Custom financial software development is tailored to address unique business requirements and challenges.
  
• Advanced security implementation safeguards sensitive financial data and ensures compliance with industry standards.

Best for

Traditional financial institutions and established fintech companies looking to modernize their entire digital ecosystem. If you're managing complex financial operations, dealing with legacy systems, or need to transform your traditional banking services into modern digital experiences, ScienceSoft is worth considering.

Considerations

While they excel at large-scale transformations, smaller projects might find their processes too extensive. They're best suited for organizations ready to make a substantial investment in their digital infrastructure.

8. ELEKS

ELEKS actually delivers fintech apps through a combination of AI and blockchain technologies. They've made a name for themselves by turning complex data security requirements into practical, usable solutions that protect both your business and your customers.

Key features

• The platform features AI-powered security systems that adapt to emerging threats, ensuring robust protection.
  
• Blockchain integration enhances data protection by providing a secure and transparent framework for financial transactions.
  
• Advanced analytics tools transform raw data into actionable insights, helping businesses make informed decisions.
  
• Custom dashboards enable real-time monitoring and reporting, offering a clear overview of key metrics and operations.
  
• Automated compliance tracking and documentation streamline regulatory adherence and simplify audit processes.

Best For

Financial companies that need to balance heavy-duty data analytics with stringent security requirements. Suppose you're looking to make smart decisions with your data while maintaining iron-clad security. In that case, ELEKS's combination of analytical power and security expertise makes them a compelling choice for your project.

Considerations

Their thorough approach to security means longer development timelines, so expect extensive testing and security auditing phases. It might not suit projects with aggressive launch schedules. Budget for a comprehensive development process rather than a quick deployment.

9. Rootstrap

Rootstrap specializes in turning innovative financial ideas into market-ready products. They focus on getting your MVP out the door quickly while building in the scalability you'll need as your user base grows.

Key features

• Rootstrap offers a scalable backend infrastructure, making it easier to build fintech apps without coding.
  
• The platform lets you build powerful tools using emerging technologies like AI and blockchain.
  
• Rootstrap provides user testing and validation processes to weed out any bugs earlier on in the development cycle.

Best for

Early-stage fintech startups that need to move fast without sacrificing future growth potential. If you're looking to test your financial product in the market quickly while maintaining the ability to scale up when successful, Rootstrap's startup-focused approach could be exactly what you need.

Considerations

Their focus on early-stage projects means they might not be the best fit for established companies looking to build complex, enterprise-level systems. While they excel at MVPs and initial market launches, large or complex projects might require a different type of partner.

10. Hyperlink InfoSystem

Hyperlink InfoSystem has carved out a niche in delivering quality financial applications at more accessible price points. They focus on essential features and efficient development processes to keep costs manageable.

Key features

• Hyperlink InfoSystem provides end-to-end development solutions, including mobile app development, web development, blockchain solutions, AI and ML integration, and Salesforce services.
  
• Hyperlink InfoSystem offers basic security and compliance features. Keep in mind that you’ll need more advanced security configurations for finance data.
  
• The platform offers integration with common payment systems like Stripe.
  
• Utilizing an agile methodology, Hyperlink InfoSystem ensures scalable, reliable, and adaptable solutions with continuous testing and client collaboration.

Best for

Suppose you need to get your financial app to market without enterprise-level spending, and you're willing to focus on core features rather than cutting-edge technology. In that case, Hyperlink InfoSystem offers a practical path forward.

Considerations

They might not be equipped for highly complex or sophisticated financial systems. Enterprise-level security features and advanced integrations can require additional partners or solutions. Their streamlined approach works best for straightforward financial applications rather than complex trading platforms or large-scale banking systems.

Frequently Asked Questions

What's the most critical factor when choosing a fintech app developer?

Security and compliance expertise are non-negotiable. Look for developers with SOC 2 Type 2 certification and proven experience with financial regulations like GDPR and PSD2.

What's the typical cost range for fintech app development?

Expect starting prices around $50,000+ for a basic fintech app. Enterprise solutions with advanced features typically range higher. If you choose a no-code tool like Blaze, you could reduce costs to $400 per month when building internal apps. 

Do developers provide ongoing compliance support?

Yes, most top developers offer continuous compliance monitoring and updates to keep your app aligned with evolving regulations.

Final Verdict

We hope this guide helps you choose the best fintech app developers for your needs.

For organizations targeting a younger audience, Fueled excels at creating user-friendly financial apps. Larger enterprises handling complex transactions will find Appinventiv's AI capabilities impressive. But for the best overall solution that balances speed, security, and scalability, Blaze is your best bet.

Its no-code platform lets financial teams build enterprise-grade apps while maintaining strict compliance standards –– making it our top recommendation for 2024.

Some key advantages of Blaze:

• Ease of use: Its intuitive drag-and-drop interface allows quick and easy application development, even for non-technical users.
  
• Built-in database: It simplifies data management by eliminating the need for external databases and streamlining the development process.
  
• Customizable workflows: It automates complex business processes with Blaze's workflow builder, which is tailored to your needs.
  
• Comprehensive support: An implementation team helps build the initial version of your application, speeding up your development cycle.

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