Fintech Software Development Company

Stand out from the crowded financial industry with innovative digital solutions: increase your efficiency and revenue while dramatically cutting costs

Full-Cycle FinTech Software Development

For nearly 20 years, we have been developing banking and finance software for enterprise-level companies and innovative startups, driving cost efficiency and sustainable growth. With our fintech software development company, you can focus on your business strategy, while we take care of all stages of fintech software development.
  • Research And Consulting
    We will collaborate closely with you to gain a deep understanding of your unique business requirements. Our goal is to assist you in testing your boldest ideas and determining if they have the potential to generate real value for your organization. Through thorough research and documentation, we will provide you with outcomes that can be easily replicated in the future.
  • Business Analysis And Requirements Management
    With over 20 years of experience in the technology sector, we possess the expertise to comprehend your most complex business needs. We will assist you in mapping out these requirements, enabling you to establish clear goals for the successful delivery of your product features.
  • Our team of software experts, located nearshore, will work in partnership with you to define the architecture of your project. This includes the design, infrastructure, and data architecture. Together, we will establish a robust product development life cycle that ensures a smooth delivery and faster time-to-market for your product.
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Our FinTech Software Development Services

As a top financial software development company specializing in full-stack development services, we provide robust, scalable, high-performing FinTech solutions. Our suite of FinTech development services includes

Web and Mobile Applications to Introduce Excellent Digital Customer Experience

Introducing exceptional digital customer experiences in the financial sector is essential for establishing trust and fostering loyalty. Discover how web and mobile applications can elevate the digital customer experience across a range of financial services.
Banking Apps
Payment Apps
Money Transfer Apps
Lending Apps
Insurance Apps
Investment Apps
Personal Finance Apps
Banking Apps
Experience a secure and user-friendly interface for effortless account management, transaction history review, fund transfers, and bill payments. Stay updated with real-time account alerts, track your budget, and receive personalized financial insights for an enhanced banking journey.
Payment Apps
Simplify the payment process with a streamlined interface, ensuring quick and secure transactions. Enjoy convenient features like QR code scanning, contactless payments, and easy access to transaction history, providing a seamless and efficient payment experience.
Money Transfer Apps
Effortlessly transfer money using intuitive interfaces, ensuring speedy fund transfers and real-time status updates. Rest assured with security features like two-factor authentication and biometric verification, instilling confidence in the safety of your transactions.
Lending Apps
Streamline the loan application process with a user-friendly interface, personalized loan options, and instant approval features. Stay up to date with live updates regarding the status of your loan and repayment schedules, improving transparency and ensuring customer satisfaction.
Insurance Apps
Simplify your insurance experience with easy policy management, instant claims processing, and personalized policy recommendations. Enjoy features like digital document submission and real-time customer support to streamline policyholder interactions.
Investment Apps
Enhance your investment journey with a user-friendly platform for portfolio management, market analysis, and real-time investment tracking. Access educational content, utilize investment calculators, and receive personalized recommendations to make well-informed investment decisions.
Personal Finance Apps
Experience a comprehensive personal finance dashboard that includes budgeting tools, expense tracking, and financial goal setting. Assess your financial health and receive actionable insights to manage and improve your financial well-being.
Safely manage your cryptocurrency with secure and user-friendly wallets. Enjoy features like multi-currency support, real-time price tracking, and easy buy/sell functionalities. Your digital assets are protected by robust security measures, providing you with peace of mind.
Banking Apps
Experience a secure and user-friendly interface for effortless account management, transaction history review, fund transfers, and bill payments. Stay updated with real-time account alerts, track your budget, and receive personalized financial insights for an enhanced banking journey.
Payment Apps
Simplify the payment process with a streamlined interface, ensuring quick and secure transactions. Enjoy convenient features like QR code scanning, contactless payments, and easy access to transaction history, providing a seamless and efficient payment experience.
Money Transfer Apps
Effortlessly transfer money using intuitive interfaces, ensuring speedy fund transfers and real-time status updates. Rest assured with security features like two-factor authentication and biometric verification, instilling confidence in the safety of your transactions.
Lending Apps
Streamline the loan application process with a user-friendly interface, personalized loan options, and instant approval features. Stay up to date with live updates regarding the status of your loan and repayment schedules, improving transparency and ensuring customer satisfaction.
Insurance Apps
Simplify your insurance experience with easy policy management, instant claims processing, and personalized policy recommendations. Enjoy features like digital document submission and real-time customer support to streamline policyholder interactions.
Investment Apps
Enhance your investment journey with a user-friendly platform for portfolio management, market analysis, and real-time investment tracking. Access educational content, utilize investment calculators, and receive personalized recommendations to make well-informed investment decisions.
Personal Finance Apps
Experience a comprehensive personal finance dashboard that includes budgeting tools, expense tracking, and financial goal setting. Assess your financial health and receive actionable insights to manage and improve your financial well-being.
Safely manage your cryptocurrency with secure and user-friendly wallets. Enjoy features like multi-currency support, real-time price tracking, and easy buy/sell functionalities. Your digital assets are protected by robust security measures, providing you with peace of mind.

Solutions that will move your company forward

Banks, insurers, and fintech companies grapple with many challenges today. Our experts will help you select the right solution to your needs – and support you in a broad range of areas of fintech product development.
Digital banking journey review
Analyze your existing setup to identify areas for improvement in your bank's digital customer journey. Assess the user experience (UX) and user interface (UI) of your mobile apps, websites, and virtual assistants, and make refinements to ensure a seamless and intuitive navigation experience for your customers.
Digital banking tools development
Create banking platforms, mobile apps, and other tools that are tailored to respond to the specific needs of different customer segments. By customizing your digital banking solutions to cater to specific demographics, such as millennials, small businesses, or retirees, you can provide targeted features and functionalities that address their pain points and enhance their overall banking experience.
Financial processes automation
Leverage cutting-edge technologies such as Machine Learning, Natural Language Processing (NLP), and workflow automation. Apply these technologies to streamline laborious tasks within your back-office processes and customer support operations. Automate repetitive tasks like data entry, document processing, and customer inquiries, enabling your staff to focus on higher-value activities that require human expertise.
Team extension
Overcome the challenges of insufficient technical resources in your fintech product development journey. Partnering with CHUDOVO you can augment your existing team with experienced professionals who can contribute their expertise and skills to accelerate your project's progress. Whether you need guidance in strategy and planning or require hands-on support in software development, we offer comprehensive assistance to ensure the successful execution of your fintech initiatives.
Online payments audit
Consider leveraging technologies like blockchain to enhance the security of your online payment processes and safeguard your users' data. By incorporating blockchain technology into your payment systems, you can add an additional layer of security, preventing unauthorized access and fraud while protecting sensitive user information.
Customer loyalty program development
Focus on winning your customers' loyalty by providing them with valuable tools and resources. Consider incorporating digital assistants, personal finance management platforms, or product comparison platforms into your loyalty program offerings. These tools can empower your customers by helping them manage their finances effectively, offering personalized recommendations, and facilitating informed purchasing decisions.
Insurance offering ideation
Build innovative insurance products and services that empower your customers to discover their coverage gaps, review potential solutions, and select flexible policies. Leverage advanced data analytics and customer insights to identify specific pain points and areas where traditional insurance offerings may fall short.
New business model discovery
Create innovative solutions that can transform the financial landscape. Explore concepts such as banking-as-a-platform, which enables collaboration between financial institutions and third-party developers, fostering the creation of new financial services and experiences. Additionally, consider leveraging the power of cloud computing to develop insurance cloud services, offering scalable and efficient solutions for insurance providers and policyholders alike.
FinTech Application Development
Banks, brokers, and payment providers alike can benefit from custom fintech application development. Our team of software engineers would love to create a custom solution that meets your business needs. We have deep experience in crafting customer-centric applications, database management solutions, and more.
Legacy Applications Re-Engineering
Using outdated software to handle financial transactions is risky. It’s time to transform your legacy system into an app that's safer in today's digital world.
Data Analysis Solutions
Your custom software will harness the power of AI and machine learning to configure scalable data libraries; these can help you analyze all data you collect, no matter the volume or complexity.
Blockchain App Development
Our robust blockchain solutions meet stringent hardware and critical network requirements and are resistant to data tampering.

Trusted by businesses of any size

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Software product startups
  • Startups that already provide different financial services from online payments to insurance, loans, invoicing, and more.
  • Fintech startups that are at the stage of implementing ideas into life.
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Small and medium-sized enterprises (SMEs)
SMEs that are already operating in the fintech market. Our teams create intelligent financial software solutions to help SMEs to serve their customers efficiently and manage daily workflows.
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We take care of complex multicomponent fintech solutions to make managing multiple applications and workflows simple and effective.

Process

Check the processes we follow to deliver custom fintech applications to our clients. They cover all stages of the custom fintech software development – from idea validation to after-launch maintenance and support.

Advanced Technologies We Utilize to Build Financial Industry Software

Create custom finance software solutions using advanced technologies to help clients drive business growth.

Software Development for All Financial Service Domains

Incorporating emerging technologies, such as artificial intelligence (AI) for fraud detection, machine learning for predictive analytics, and blockchain for secure transactions, can significantly enhance the capabilities of financial service software.

By leveraging these technologies, financial institutions can improve efficiency, innovation, and customer satisfaction. To meet the unique demands and regulatory environments of each sector within the financial services industry, a tailored approach to software development is necessary. Here's a breakdown of the specific focuses and considerations for software development in different domains

Banking
Investment and Wealth Management
Lending
Payment Services
Insurance
Decentralized Finance (DeFi)
Banking

Software development in the banking sector aims to create robust core banking systems, digital banking platforms, and secure mobile banking applications. Key areas of emphasis include real-time transaction processing, advanced security features, and seamless integration with other banking services.

Investment and Wealth Management

In investment and wealth management, software is designed to facilitate portfolio management, asset allocation, and financial planning. Features such as risk analysis tools, performance tracking, and client relationship management (CRM) functionalities are incorporated to enhance the overall wealth management experience.

Lending

Software development in lending involves creating loan origination systems, credit scoring algorithms, and automated underwriting platforms. Key considerations include streamlining loan application processes, ensuring compliance with regulations, and implementing efficient risk management strategies.

Payment Services

Payment services software development focuses on building secure and efficient payment gateways, mobile wallets, and peer-to-peer payment solutions. Emphasis is placed on compliance with payment industry standards, encryption, and fraud prevention measures.

Insurance

In the insurance sector, software development includes policy administration systems, claims processing platforms, and underwriting solutions. Custom software may also involve the integration of InsurTech innovations for data analytics, telematics, and customer engagement.

Decentralized Finance (DeFi)

For decentralized finance, software development revolves around blockchain technology and smart contracts. Building decentralized applications (DApps) for lending, decentralized exchanges, and liquidity provision platforms are common. Security and audibility are of paramount importance in DeFi software development.

Banking

Software development in the banking sector aims to create robust core banking systems, digital banking platforms, and secure mobile banking applications. Key areas of emphasis include real-time transaction processing, advanced security features, and seamless integration with other banking services.

Investment and Wealth Management

In investment and wealth management, software is designed to facilitate portfolio management, asset allocation, and financial planning. Features such as risk analysis tools, performance tracking, and client relationship management (CRM) functionalities are incorporated to enhance the overall wealth management experience.

Lending

Software development in lending involves creating loan origination systems, credit scoring algorithms, and automated underwriting platforms. Key considerations include streamlining loan application processes, ensuring compliance with regulations, and implementing efficient risk management strategies.

Payment Services

Payment services software development focuses on building secure and efficient payment gateways, mobile wallets, and peer-to-peer payment solutions. Emphasis is placed on compliance with payment industry standards, encryption, and fraud prevention measures.

Insurance

In the insurance sector, software development includes policy administration systems, claims processing platforms, and underwriting solutions. Custom software may also involve the integration of InsurTech innovations for data analytics, telematics, and customer engagement.

Decentralized Finance (DeFi)

For decentralized finance, software development revolves around blockchain technology and smart contracts. Building decentralized applications (DApps) for lending, decentralized exchanges, and liquidity provision platforms are common. Security and audibility are of paramount importance in DeFi software development.

We Develop

Payments
  • Software for payment processing
  • Apps for money transfer
  • Anti-money laundering & fraud detection solutions
  • Payment gateways integration
  • Enterprise payment automation systems
  • Payment analytics software
Lending
  • P2P lending software
  • Loan origination systems (LOS)
  • Loan management solutions
  • Debt management and collection software
  • Crowdfunding software
  • Money lending apps
  • Mortgage platforms
Banking & Insurance
  • Mobile banking solutions
  • AI models integration
  • Life insurance apps
  • Health insurance applications
  • Travel insurance applications
  • Loan servicing and origination solutions

Why choose our fintech software development company

benefits
Long-term Partner for Digital Transformation
Our fintech app development company is committed to fostering long-term client relationships, regardless of project size. We are well-versed in the latest FinTech software development technologies like cloud, blockchain, AI, big data analytics, and robotic process automation. So we can support you through each phase of digital transformation, from strategizing to development and execution.
benefits
Security and Regulatory Compliance
With a deep understanding of the financial regulatory landscape and associated risks, we deliver advanced risk analytics and compliance solutions to our clients. We guarantee transparent data ownership, establish a secure architecture, and incorporate robust authorization to develop secure applications. Additionally, we employ logging, encrypt sensitive information, utilize tokenization, and implement various other data security practices to safeguard your data.
benefits
Dedicated Fintech Engineers
Our team of FinTech engineers is highly experienced professionals with exceptional seniority levels. We have a wealth of experience building apps for the finance sector, and our developers have worked on projects ranging from custom trading platforms to mobile banking applications. By hiring our FinTech developers, businesses gain access to top-tier talent with a proven track record of delivering exceptional results.
benefits
Product UI/UX Design
A successful financial service requires a user-friendly interface with thoughtful UI/UX practices and proven technologies that provide a human touch. Our data visualization techniques transform complex financial data into easy-to-understand visuals. Additionally, our advanced analytics dashboards enable businesses to identify trends and make data-driven decisions based on a deeper understanding of their financial data.
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DevOps
Our DevOps team is dedicated to providing seamless and robust infrastructure and software delivery solutions, whether it be cloud-based or on-premises. We rely on cutting-edge technologies such as CI/CD pipelines and Kubernetes to streamline the deployment process and ensure the smooth delivery of software products. Our solutions are scalable and resilient, with the flexibility to adapt to the evolving needs of our clients.
benefits
Quality Assurance
Our comprehensive quality assurance services cover every software development life cycle aspect, from initial QA audit to performance and automated software testing. Our focus on quality assurance ensures our clients can deploy software products that meet their expectations and exceed industry standards.
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Data Science
Our data science team specializes in Big Data analytics and training AI/ML models that turn data sets into valuable sources of business insights. By leveraging cutting-edge technologies, we empower businesses to make effective, real-time decisions based on the information derived from their data.
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Agile Approach
We understand the importance of speed to market in the highly competitive fintech industry. Our Agile approach to software development, paired with our experience in delivering projects and adaptable team size, allows us to expedite the launch of new fintech products. By constantly releasing and improving those, we help you provide value to end-users and stay ahead of the competition.

Featured Projects

FAQ

What’s the Function of FinTech Software Development? Answer
Financial software products are designed to optimize client-facing and internal business functions within the financial services domain. They can be used to enable faster payments, create a banking mobile app for user-friendly safe access to m-banking, or employ big data to provide trading advice.
How much does it cost to build a fintech product? Answer
Fintech product development costs depend upon a wide range of factors. We need to conduct a discovery phase to define the project's budget and timelines. However, considering the minimum required number of specialists of the appropriate level, the cost of fintech software development services will range between £20,000 and £60,000 per month.
How long does it take to build a fintech product? Answer
It depends on the project's complexity, but in most cases, it takes from 4 to 6 months to develop an MVP.
What are the steps to create a secure and compliant financial platform? Answer
Fintech applications must comply with diverse security requirements, such as identity management, built-in cybersecurity measures, and adherence to global and regional security regulations. Achieving this requires high expertise in software development financial services, encompassing data encryption, role-based access control, DevSecOps, secure application logic with one-time passwords, and rigorous penetration testing.
Is hiring a dedicated team for fintech software development a good idea? Answer
Hiring a dedicated fintech app development team is a good option if you want to build a reliable, secure, and robust solution but do not have the time or means to hire and manage an in-house development team. Business analysts will explore your idea and specify all project requirements, while designers will find the best suitable solution for UX/UI. A software architect will create a scalable architecture to ensure the product will support the growing number of concurrent users, and define the most suitable tech stack and optimum functionality. Financial software developers will create the key product features based on our specific requirements. Quality assurance engineers will perform different kinds of tests to make sure that the fintech product is accessible and bug-free. DevOps engineers are responsible for the automation of the fintech app deployment part. Finally, the project managers stabilize and optimize the fintech software development process. The joint effort of all those specialists will bring you a fully-functioning product tailored to your specific needs.
What are the main features of fintech solutions? Answer
The functionality of financial solutions varies depending on the solution type. However, some features are common for all financial apps. They include intuitive navigation, personalized experience, secure sign-in, digital payments, and account management. If you want to implement some specific functionality, feel free to contact us. Our expert fintech software development team will explore your project idea and provide you with an optimal feature set.
What are the solution types for the financial industry? Answer
There are several types of fintech applications. For example, accounting platforms help businesses track their revenue and expenses. Meanwhile, payment gateways simplify online shopping by making it easy for buyers to pay online with their debit or credit cards. Other fintech solutions worth mentioning are online banking systems, digital wallets, insurance systems, crowdfunding platforms, tax management applications, and investment systems.
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