List of Top-Notch FinTech App Development Companies
Undoubtedly, the year 2020 has made us all realize that traditional methods are no longer sustainable, and we all must accommodate the latest technologies. There are more than 14000 startups in the FinTech domain across the globe. And statistics say that since the start of the pandemic, approximately 30% of customers are more comfortable with modern FinTech app development service providers and intend to use their services more often. As we all know, almost every type of customer base uses their smartphones to access the digital channels of personal banking.
Furthermore, in 2020, around 90% of mobile phone users made online mobile payments at least once due to the extended lockdown period. So, suppose you want to develop your FinTech app, but you don’t know how to get this done effectively. In that case, outsourcing is a beneficial option as you can get the guidance of industry experts and develop better FinTech apps in less time, cost-effective, and trouble free.
The huge task with so many FinTech app developers to choose from though, is deciding which one to go for. Developing a FinTech app requires the developers to be experts in the domain, as the apps must be compliant with the strict industry standards. But do not fret. In this article, I’ve compiled the top 7 FinTech app development companies based on clutch ratings. If you’re looking for a professional Fintech app development company, feel free to reach out to any listed companies to get the best FinTech app design. But before moving towards the top 7 FinTech app development companies, let’s have a look at the global market of FinTech.
Global Market of FinTech
The advent of FinTech technology has brought a new revolution in the way businesses operate. According to Market Data Forecast, the global FinTech market is projected to grow rapidly and reach a market value of around USD 324 billion by 2026, at a CAGR of 23.41% in the forecast period 2021–2026.
I know you are here to know the top FinTech app development companies. So, without further ado, let’s get straight to them:
Top 7 FinTech App Development Companies
1.Nimble AppGenie
Nimble AppGenie was established in 2015, and it is one of the fastest-growing FinTech software outsourcing companies in the United Kingdom. Since its commencement, the company has been helping banking and financial institutions to strengthen their IT infrastructure. The company has a team of 70+ developers with agility in their core to ensure timely delivery of projects. They are developing solutions that enable businesses to lead through innovation. In addition, they are working on leading-edge programming possibilities built on ever-evolved ideas of technology excellence.
Furthermore, on the clutch, the company has been rated 5 out of 5 by its customers. With FinTech, the company has also fueled tech transformation in various industries, including HealthTech, EdTech, Logistics, and many more. Pay By Check, Curvacious, Medu4, Pearl Cab, DRT (Dynamic Running Therapy), and Dafri (Digital Bank of Africa) are among the top clients of Nimble AppGenie.
2. Koombea
Koombea serves you with the best possible finance apps, whether a startup or an enterprise. They are a world-class digital product development company specializing in mobile app development projects, but they are much more than a typical agency. In addition, their money management apps and services always come with an amazing user interface and user experience.
Furthermore, they use ultra-modern technologies and follow new trends and provide you with the user engagement you want to see. Thus they have secured trust as one of the top FinTech app development companies in the industry. Flight Logger, Payix, LINC, Luna are among the top brands that trust them.
Koombea develops quick and secure personal finance apps, a user-friendly payment gateway for mobile phones and tablets, and mobile banking apps so customers can safely send or receive money without any trouble. Moreover, on the clutch, the company has been rated 4.9 out of 5 by its customers.
3. Reinvently
Reinvently has a team of passionate design thinkers, curious product strategists, and innovative digital transformers. Moreover, they don’t focus on projects; they focus on products, with your growth being their highest priority.
This FinTech app development company protects the financial app from all sorts of possible financial disasters, and the apps are securely designed. Looksery, Men’s Wearhouse, Live nation, Determine, and many more are among the top brands that trust them.
Reinvently helps startups and mid-sized enterprises plan, design, and implement their product strategies — from mobile applications to the IoT (Internet of Things) through a data-driven and iterative design and delivery process. Moreover, on the clutch, the company has been rated 4.9 out of 5 by its customers.
4. Itexus
Itexus was founded in 2013, and it is a software development company with a talent pool of 80+ experienced developers. They have helped startups, midsize companies, and established international enterprises develop advanced and scalable custom web and mobile software solutions.
They have Ph.D. engineers on board and are experts in the development of FinTech software solutions. Also, they have an 86% client retention rate. In addition, the company claims to have completed 220+ projects from 180+ clients. Moreover, Itexus offers several FinTech development services, including Personal Finance, RegTech, Insurtech, Banking and Credit Scoring, FinTech Chatbots, Payment apps, and many more. Also, on the clutch, the company has been rated 4.8 out of 5 by its customers.
5. Praxent
Praxent helps you modernize, rather than rebuild, your outdated customer-facing software applications. As a result, you can remain relevant and compete with confidence. In addition, their proven process prioritizes smaller, more doable development “sprints” that leverage investments you’ve already made. And you’ll see a return within weeks instead of months.
Austin Capital Bank, Dimensional Fund Advisors, Velocity Solutions, Amherst Holdings, NORCAL Mutual, Texas Mutual Insurance, Good Deed are among the top financial players Praxent has helped so far. Furthermore, the team size Praxent consists of 80+ software engineers.
Over the past 20 years, the company claims to deliver 300+ software solutions successfully and helped thousands of businesses provide a more modern, intuitive digital experience to their customers. Moreover, on the clutch, the company has been rated 4.8 out of 5 by its customers.
6. Techtic
Nowadays, new technology is taking up the market every few months, and because of that, consumers’ demand is changing rapidly. So developing a FinTech app that can fit the customer’s needs is a challenge.
Techtic is a FinTech development company that works on these points mentioned above. They use ultra-modern technology to develop reliable, secure, convenient, and trustworthy apps. In addition, take care of their regular up-gradation to suit the ever-changing market. Apptega, Benjamin, Shokas, Planpro, Agohra, Wide linked, and many more are their esteemed client base. Moreover, on the clutch, the company has been rated 4.8 out of 5 by its customers.
7. Code & Pepper
Code & Pepper provides banking and financial institutions with staff augmentation and end-to-end software development solutions with a team of 65+ software engineers. Since its inception, they have completed 400+ projects that undoubtedly impact hundreds of thousands of end-users in the Middle East, Europe, and Africa.
Code & Pepper develops first-class FinTech software because they know the secret sauce required to turn your app idea into reality. In addition, they help global FinTech innovators meet the highest customer expectations by providing end-to-end FinTech software development services. FlexFunding, Finbourne, Pluto Insure, SmartPension, and Monkee are among their top clients. Moreover, on the clutch, the company has been rated 4.6 out of 5 by its customers.
Wrapping Up
The list of top 7 FinTech app development companies was based on the Clutch ratings. If you’re looking for a suitable FinTech software development company for your FinTech startup, feel free to reach out to any listed companies. You can select among them based on your budget. However, there are several other criteria you need to consider before you choose a software development company. Needless to mention that the FinTech app development company you pick should have prior experience in developing FinTech solutions.
