It can be overwhelming because there are hundreds, if not thousands, of options for accounting software, all of which offer excellent chances to simplify and automate various aspects of the job. That’s why we’ve put together this guide to help you find out 9 Best Fintech Software Development Companies in 2023.
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Top fintech software development companies
The Fintech industry is rapidly growing by providing modern and convenient fintech solutions such as digital lending, digital payments, mobile banking, cryptocurrency, etc. There is a significant market for mobile fintech solutions, and more businesses are showing an interest in developing native fintech apps. If your business needs some help to manage personal finances, Financial Software Development Company is here to take care of it.
BiPlus (BiPlus Vietnam Software Solution JSC) is currently a trusted partner of many customers in operation, development and upgrading legacy systems to increase efficiency. BiPlus includes CTOs, engineers, architects and programmers of long-term experience working for companies with large, long-standing systems, complicated structures, massive databases, and a high number of users.
As a Software Outsourcing company specialising in Fintech, BiPlus can offer a wide variety of solutions aimed at making finances more accessible.
- SERVICES: BiPlus provides various Fintech Software Development Services such as: Software Outsourcing, Strategic Consulting, Software, Business Process Outsourcing, Atlassian Solution Partner
- PARTNER: Gold Solution Partner, Vinasa
- DOMAINS: Telcos, Sales & Market, Customer, Digital Engagement, Finance (eWallet Core, PayGate, PayGate eWallet (Mobile/Web/USSD),..)
- CLIENTS: Viettel, Samsung, Bitel, Telemor, Yotel, MSB, TymeGlobal, VPBank, NMS, CMC Global, Tiki.vn, Techcombank,..
- EVALUATION: Understanding and companion partner, Flexible and effective solution, Full service.
- COMPANY SIZE: 150+
- LOCATION: Vietnam
- ESTABLISHMENT: 2018
- CULTURE & VALUES: BiPlus can accompany and assure constant and continuing value in developing software for clients’ businesses based on a deep grasp of the enterprise’s vision, values, problems, and goals
2. 10 Clouds
10 Clouds is a software development and consulting company that specializes in blockchain and fintech. They place a strong emphasis on offering modern, user-friendly banking and fintech solutions.
The most stringent security standards were met when 10Clouds collaborated with Trust Stamp, a pioneer in international identity verification. To expedite the process, they can be used in collaboration with businesses and fintech firms. These include solutions like ID verification, identity lakes, and proof of liveliness.
The fintech team at 10Clouds extends the blockchain and mobile development teams of their partners, supports teams as they develop platforms for secure data sharing, and aids fintech businesses in moving to the cloud.
- DOMAINS: banking systems, accounts integration, wallet applications, secure data sharing, fintech mobile apps, enterprise financial software..
- SERVICES: financial mobile app development, banking systems, financial web app development, enterprise financial software development.
- TECH STACKS: Artificial Intelligence, blockchain, cloud, identity verification, machine learning, DevOps, data sharing, customer experience, web development, mobile development, UX design, web design, product design, illustration, MLOps
- CLIENTS: Mambu, Tink, Omise, Coinquista, G-Coin, Lite ID, Crescent,
- TECHNOLOGIES: React.js, Swift, Flutter, Angular, React Native, Node.js, Elixir, Java, Vue.js, Kotlin, Python,
- EVALUATION: transparency, effective workflow, cost-consciousness, code quality, professionalism, engagement, flexibility, dedication and project management,
- COMPANY SIZE: 200+
- LOCATION: Poland (Warsaw, Poznan, Wroclaw)
- ESTABLISHMENT: 2009
- CULTURE & VALUES: In order to express appreciation, the team believes in giving and receiving constructive criticism. Additionally, they make a point of praising and honoring accomplishments because doing so boosts team morale and engagement. One of the core business principles that keeps the team together is care and appreciation.
S-Pro offers Software for Finance as well as consulting services to banks, financial institutions, and startups. They provide dedicated teams with fintech specialization to their clients, delivering strong domain expertise. The company is focused on accelerating the growth of its partners.
S-Pro has extensive experience in digital banking, lending software, cryptocurrency wallets, exchange platforms, insurtech, and stock trading platforms.
They are also blockchain experts, offering white-label and customized blockchain solutions. The team possesses expertise in software architecture, banking API integration, and payment solution integration.
- DOMAINS: fintech mobile apps, fintech web apps, banking API, real-time risk management platforms, crypto-wallets, crypto-trading platforms, payment solutions integration and B2B payment solutions
- SERVICES: stock trading platforms development, digital banking software development, crypto-exchange platform development, loan management tools development, e-commerce payment systems development, crypto wallets and extensions, NFT marketplaces, insurtech, blockchain development.
- TECH STACKS: e-voting systems, DeFi & CBDC solutions, fraud prevention/detection, marketplaces, tra, blockchain, API development, Big Data, cloud, DevOps, branding, cloud engineering, AI, ML, UX, UI, architecture, PoC, infrastructure engineering, MVP, product migration strategy, quality assurance, neo banks, loan management software, loan comparison tools, mobile lending apps, P2P lending marketplace, BNPL & EPP.
- CLIENTS: MeterQubes, Refundmatic, Crypto Wallet
- TECHNOLOGIES: React.js, Angular.js, Node.js, Flutter, Swift, Kotlin, Python, Java, Golang, PHP, Laravel, Firebase, React Native
- EVALUATION: exceptional ability to deliver, friendly yet professional communication, responsiveness, being a trustworthy partner, having a proactive attitude, excellent project management, engagement, and flexibility
- COMPANY SIZE: 250+
- LOCATION: Ukraine (Kyiv)
- ESTABLISHMENT: 2014
- CULTURE & VALUES: The group places a strong emphasis on constant learning and improvement. Being product-minded is something they take great pride in. They value superior and creative strategies.
Brainhub is a Fintech Software Company that aids in accelerating the growth of fintech companies.
The business specializes in developing fintech websites and mobile applications, and their portfolio includes tools for managing finances, expenses, and wealth. They worked with large corporations, small and medium-sized businesses, and startups.
The business has excellent UX design abilities. By providing financial solutions that satisfy the needs of contemporary users, they are experts at boosting customer engagement and enhancing ROI. The business provides discovery workshops that can cut development time by up to 20% and is aware of the business aspects of development projects.
They implement a number of preventive procedures and offer the highest standard of cybersecurity.
- DOMAIN: crypto-trading, wealth management, managing personal budget, tax management, customer and user experience
- SERVICES: Fintech UX/UI design, cryptocurrency apps, expense management software development, payment methods, investment software development, fintech mobile app development
- TECH STACKS: PWAs, UX design, UI design, UX audit, UX workshops, architecture development, MVP, prototyping, product scaling, CI/CD, automated tests, BDD, TDD, information architecture, visual design, backend engineering, API development, serverless architecture, testing
- CLIENTS: Coin Panel, Gokong, a few other big clients under NDA
- EVALUATION: technical expertise, the level of the code, a can-do attitude, project management skills, transparency, engagement, dedication, and interest in joining a client’s team
- COMPANY SIZE: 80+
- LOCATION: Poland (Gliwice, Wroclaw, Cracow, Warsaw)
- CULTURE & VALUES: The group is committed to taking initiative and fostering enduring bonds both with clients and among team members. They advocate for being proactive. For the team, continued development, knowledge sharing, and close collaboration are crucial. They are a group of friends who enjoy hanging out together after work.
>> Know more: Enterprise Software Development
DataArt is a global Fintech Software Outsourcing engineering firm with over 20 years of experience. Banks, insurance firms, and broker-dealer firms are just a few of their customers. In addition to consulting, they develop fintech products.
They help financial institutions respond to shifting consumer behavior by utilizing their expertise in digital transformation and legacy modernization. Both cybersecurity and machine learning are fields in which they excel.
They have offices and teams located in various continents and time zones because the team is incredibly large and dispersed across the entire world. This implies that they have extremely diverse skill sets.
- DOMAINS: Modernizing all back-office platforms, POS systems, trading systems, and digital banking platforms through digital transformation and updating legacy solutions
- SERVICES: Cybersecurity services, data management and analytics, insurance software development services, digital transformation and system modernization, and legacy re-engineering
- TECH STACKS: Big Data, business intelligence, augmented reality and virtual reality, business analysis, usability, cloud security audit, secure code review, penetration testing, security assurance and consulting, cloud computing, cloud-native development, cloud migration, customer experience, user experience, artificial intelligence, machine learning, cloud adoption, big data adoption, asset management consulting, online payment systems, risk management systems, accounting systems, treasury management, and payment systems.
- CLIENTS: Bematech, Monex Europe, Nasdaq
- TECHNOLOGIES: Ruby on Rails, Spring MVC,.NET, Angular.js, React.js, Node.js, and Oracle
- EVALUATION: Professionalism, the capacity to deliver, a strong work ethic, effective communication skills, and an acute awareness of business needs are all desirable traits.
- COMPANY SIZE: 5500+
- LOCATION: Argentina, the UK, Poland (Cracow, Lublin, Wroclaw), Germany (Munich), the United States (New York, Dallas, Orlando, Pittsfield), and Switzerland (Zug) (Buenos Aires)
- ESTABLISHMENT: 1997
- CULTURE & VALUES: DataArt identifies as human-centered engineers who put the needs of others first. Human values like curiosity, empathy, trust, honesty, and intuition are incorporated into their business and work relationships. The group aims to combine engineering excellence with those values. They value adaptability and variety, favor education and empowerment over bureaucracy, and place a high value on trust.
Netguru is a major global software company with almost 15 years of experience and over 700 staff members on board. The business supports fintech firms in developing individualized, client-focused products that satisfy the needs of contemporary customers.
Banks are assisted by Netguru in reviewing their digital experience and improving the usability of their websites and mobile applications. In addition to mobile apps for fintech, they deliver banking platforms.
In addition to consulting services, the business also develops fintech software. Online payments are protected by blockchain. They aid in the discovery of fresh business model concepts for fintech companies.
- DOMAINS: banking platforms, supporting fintech startups, investment platforms, digital wealth solutions, banking-as-a-service, helping financial advice sector
- SERVICES: Development of financial products, omnichannel banking, bettering customer service, boosting security, the creation of digital banking tools, financial process automation, online payments audit, customer loyalty program development, insurance cloud services, banking as a platform, the discovery of new business models, the creation of insurance products and services, the creation of digital wealth solutions, and the development of mobile banking apps.
- TECH STACKS: Digital transformation, business intelligence, cybersecurity, cloud-based software, chatbots, natural language processing, digital workflows, biometric verification, user experience design, workflow automation, and customer relationship management
- CLIENTS: Solarisbank, CashCape, Moonfare, AdviceTech
- TECHNOLOGIES: React.js, Node.js, Python, Django, React Native, Flutter, Ruby on Rails
- EVALUATION: Flexibility, engagement, commitment, learning-openness, quality, coming up with creative ideas, overcoming time-zone issues, and strong relationships with clients’ team members
- COMPANY SIZE: 900+
- LOCATION: Poland (Poznań)
- ESTABLISHMENT: 2008
- CULTURE & VALUES: The team strives to surpass the client’s expectations and never accepts “good enough.” Ownership is one of their most important values. They think it’s powerful to challenge the status quo. They enjoy trying new things and taking lessons from both successes and failures. They value collaboration and ongoing development.
In addition to strategy and market research, Miquido also offers design, development, and support services for fintech software. With the aid of this procedure, the business is able to identify customer needs and deliver user-centered products.
The financial and banking products that Miquido develops incorporate machine learning capabilities and data science solutions. Their ability to integrate chatbots or voice assistants into insurtech products is made possible by their expertise in artificial intelligence. The delivery of the fintech apps by the company is concerned with both security and performance.
They have built a variety of financial products, including trading platforms, investment applications, banking apps, and digital wallets. Three years running, Singapore Fintech Festival has awarded their Nextbank fintech applications with prizes.
- DOMAINS: Financial mobile platforms, web and mobile trading platforms, investment applications, stock exchange apps, advanced savings calculators, in-app bank account management, customer relationship management software for insurance agents
- SERVICES: Development of financial mobile platforms, mobile banking applications, digital wallets, insurance applications, and financial apps
- TECH STACKS: Cloud Core Banking, Web Internet Banking, Mobile Internet Banking, Agency Banking, Artificial Intelligence Credit Scoring, Machine Learning, Data Science, Computer Vision, AWS, Google Cloud Platform, Cloud App Development, Cloud Deployment, UX Design, UI Design, Business Intelligence, Product Strategy, Workshop, NLP, Market Research, Prototyping, and PoC
- CLIENTS: NextBank, PZU, Aviva, BNP Paribas (GOmobile project), Monetas
- EVALUATION: Reliability, adaptability, consistency, rapid turnaround, quick onboarding, a wide range of skills and capabilities, openness, communication abilities, dedication, and work ethic.
- COMPANY SIZE: 200+
- LOCATION: Poland (Cracow)
- FOUNDED IN: 2011
- CULTURE & VALUES: The group values openness and sincerity, especially when it comes to offering clients better solutions. For the company, delivering business value is essential. They prioritize people, giving consideration to their overall satisfaction, professional development, and personal growth.
A company called Diceus specializes in creating software for the banking, insurance, and fintech industries. They enhance the financial software they produce using artificial intelligence, blockchain, big data, and cloud technologies.
They offer solutions for payments, blockchain-based banking, creating online banking platforms, and mobile banking.
Professional technical support and advice are provided by the company. They have robust data security and protection procedures as well as NDAs that are given to clients at the beginning of the relationship. They are aware that winning over customers requires a seamless user experience.
- DOMAINS: Modernization of legacy banking applications, online payments, payment processing, payroll processing, B2B insurance services, applications for processing VAT, software for insurance brokers, data warehouses, data aggregation, and data migration
- SERVICES: IT consulting, system integration, insurance software development, online banking, core banking systems, mobile banking, blockchain solutions, regtech, payments software solutions, blockchain fintech app development, loan management software, money transfer app development, and fintech application development
- TECH STACKS: Cross-platform apps, payment gateway development, payment integration services, contactless payments and POS, real-time payments, digital ledger technology, smart contracts, banking loan software solutions, fintech money lending software, loan module in core banking, loan decisioning software, money transfer functionalities, CRM, mobile banking apps, and payment applications
- CLIENTS: Risk Point, Teambase, Bank al Etihad, BriteCore
- TECHNOLOGIES: Java,.NET, Python, PHP, Ruby, Objective.C, Golang, React.js, Node.js, Vue.js, Angular.js, and Objective.C
- EVALUATION: Availability, professionalism, organizational skills, a goal-oriented mindset, effective communication, subject matter knowledge, prompt reporting, dedication, and commitment
- COMPANY SIZE: 100+
- LOCATION: Ukraine (Kyiv), Denmark (Hellerup), Lithuania (Alytus), USA (New York City)
- ESTABLISHMENT: 2011
- CULTURE & VALUES: The goal of the business is to provide high quality. They want to use the appropriate people and technology to bring as many values as they can. They combine knowledge with a model of delivery that prioritizes quality.
KindGeek is a full-service software development firm. They have a strong business mindset, and one of their core values is transparency and trust.
KindGeek provides the full range of financial software development services, from conception to deployment. Business analysis and cybersecurity services are also offered by the company. The firm asserts that the finance sector accounted for more than 80% of its projects.
A discovery phase, which can cut the development time of a product by up to 20%, is advised by the team because they favor a product-oriented approach. Design thinking is a method that they always employ when creating digital banking software, enabling them to create user-friendly products that are focused on their customers.
- DOMAINS: Platforms for financial management, blockchain platforms, insurance software, mobile payments, and payment solutions
- SERVICES: Payment solutions, digital banking solutions, e-banking systems, mobile banking, cybersecurity services, blockchain platform development, fintech mobile apps, fintech web apps, insurance software development
- TECH STACKS: Business analysis, Artificial Intelligence, Machine Learning, Data Science, Cloud, UX/UI design, chatbots, digital banking solutions, and mobile-only banks.
- CLIENTS: HyperJar, LifeWallet, Tradeshift
- EVALUATION: Communication skills, technological know-how, project management expertise, adaptability, a collaborative and effective approach, attention to client needs, receptivity to feedback, dependability, and punctuality.
- COMPANY SIZE: 100+
- LOCATION: Poland (Cracow)
- ESTABLISHMENT: 2013
- CULTURE & VALUES: The team values trust above all else. The team maintains that growth cannot occur without truthful feedback. Additionally, they value beauty and work to produce items that are pleasing to the eye. They value collaboration and the caliber of the work that is produced.
Which one is the best fintech development company for you?
To select top financial software development companies worldwide and save hours of research, you should choose the one that fits your business with attitude, experience and team size. The segment below will help you identify some information about these best ones.
A team with a strong consulting mindset will be eager to share information with you. They’ll do it on-the-fly throughout the process and suggest tweaks and particular skills your team could pick up.
Additionally, when the time for cooperation is up, your team should be capable of carrying on on its own without assistance from the vendor.
For cutting-edge fintech products, the customer experience is crucial. It wouldn’t be a good idea to hire a team with little experience to develop fintech apps, so all of the businesses listed in this ranking have fintech experience that can be verified.
Companies with more time on the market may have more developed business processes and a wider range of useful skills for IT Finance Software development.
Companies that have been in business for a longer period of time may have more refined business procedures and a wider range of useful skills.
3. Team size
If you need a big team of developers, look for Financial Management Solutions by big companies. But keep in mind that just because there are numerous developers on board doesn’t mean that they can work together right away. Before a project can start, large corporations frequently demand a lot of paperwork. It slows down the procedure and raises the possibility of favoring clients who are more lucrative.
Smaller businesses want to demonstrate their abilities and know-how, so they can skip many formalities. They also form teams in a more individualized way. However, you won’t be able to skip your demanding task.
As such, Financing Software relieves businesses of the administration of troublesome and time-consuming processes and improves delivery of financial services, making them more accessible to the public. If you also have plenty of fintech app ideas and have doubts about their execution, feel free to consider the best fintech development company in this list of top 9 carefully selected fintech software development companies in 2023 for you.