Top 30 Fintech Software Development Companies In 2024

Modern finance runs on software. The capabilities and limitations of that software have never been more important because they translate directly into the capabilities and limitations of your organization. That said, there’s no one-size-fits-all when it comes to FinTech software. Each FinTech software development company mentioned here has different strengths and the best choice for […]

by Dilyan Dimitrov

March 26, 2024

9 min read

Fintech software development

Modern finance runs on software. The capabilities and limitations of that software have never been more important because they translate directly into the capabilities and limitations of your organization.

That said, there’s no one-size-fits-all when it comes to FinTech software. Each FinTech software development company mentioned here has different strengths and the best choice for you will depend on a host of factors, such as the scope of your project, your budget and time constraints, and your company’s working culture, to name a few.

That’s why, before you get into our list of top FinTech software companies, there’s a few things you need to consider.

How much experience the company has

Of course, the ideal case scenario is choosing a company with a proven track record and experience in the field of FinTech. The more projects they have under their belt, the more refined their processes and approach will be, making your experience as a customer smoother.

That experience typically comes with a higher price point, however. Newer fintech software development companies are not without their perks; they can have a fresher perspective and be more agile with procedures, and are less likely to push back on your suggestions.

Considering how many fintech trends are currently reshaping the space, it’s also worth considering whether the company has experience with specific areas like AI that may be of interest to you.

The size of the company

A bigger project will naturally require a bigger team to carry out. You might need a 30+ team of developers on deck to get the job done, in which case a larger company would be a better fit. Keep in mind big companies have more set procedures set before the product can launch, which can slow everything down and incentivize them to prioritize bigger clients.

Smaller teams by contrast tend to be more flexible and can offer highly customized solutions. You’ll need to balance speed, procedures, and capabilities to determine what size is ideal for you.

Company culture

Often overlooked, company culture is a huge factor in the way teams operate. Cultural mismatches aren’t just about convenience, they usually lead to miscommunication, frustration, delays, and overall poorer quality work.

The main cultural aspects you need to consider are:

  • The ease of flow of information between teams and within them
  • How willing they are to share information and advice you
  • Their willingness to take responsibility for mistakes
  • How well they work with your team’s existing culture

Project-specific aspects to consider

Some custom software developer companies are hyper-focused on particular software niches, such as designing payment platforms or coding in a specific language. Think about your goals and make sure to ask the right questions when looking for a project partner.

User-focused App Development

It’s natural for FinTech software development companies to prioritize security and the more technological development process in their work, so it can be easy to forget about the end user. Software that’s difficult to use doesn’t exactly inspire confidence and trust. Bad user interfaces and experiences also lead to more errors and can even discourage employees from using the software as often.

When choosing an app development partner, look for a company with a user-centred approach that can help ensure the resulting software is as enjoyable as it is powerful.

Look Into Their Portfolio and Case Studies

Just because a software developer company has a few successful projects (or even hundreds) under their belt, it doesn’t mean they’ll be the best fit for your specific needs. Going through their portfolio and especially case studies they have will give you crucial insight into their processes and expertise.

Make sure they have experience in your particular niche and a diversified portfolio with a variety of financial applications such as banking solutions, mobile apps or transaction platforms, for example.

One last thing to note is that this isn’t a ranked list, it’s simply 30 fintech software development companies you should consider in 2024.

1. Dreamix

A European bespoke software development company with more than 17 years of experience, Dreamix has built software in the aviation, transportation, healthcare, FinTech, ESG, and RegTech industries. Able to work in a wide range of code languages and boasting a dynamic and customer-driven culture, they have a long list of client success stories to boast of.

2. Brainhub

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With headquarters in the EU, Middle East, and Africa, Brainhub is an international software development company with a varied portfolio and loads of experience in the FinTech, education, and healthcare industries. Their services include UI/UX design, product development, web and mobile development, consulting, and more.

3. 10Clouds

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Trusted by companies across the globe, 10Clouds offer scalable FinTech software development services that cover the entire product development cycle. Specializing in payments infrastructure, they transform digital ideas into impactful products using ReactJS, Python, Node.js, and DevOps.

4. Miquido

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Miquido is a full-service software company renowned for its innovative digital solutions. Specializing in mobile and web development, Miquido excels in crafting user-centric applications that drive business growth.

5. Kindgeek

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KindGeek is a forward-thinking software development company dedicated to transforming ideas into reality. With a focus on innovation and excellence, KindGeek offers bespoke solutions in web, mobile, and emerging technologies. They also offer services that cover the entire development process, bringing your ideas to life through the latest in tech such as blockchain, AI, and custom bots.

6. Netguru

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Netguru is a software development company focused on developing personalized, user-centric products for the fintech sector. With over 700 employees and 15 years of experience, their expertise lies in banking platforms, fintech startup support, banking-as-a-service, investment platforms, and more.

7. DataArt

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With over 20 years of experience in the industry, DataArt is a veteran in digital transformation and legacy system modernization. They specialize in data management, insurance software development, cyber security, and digital transformation, to name a few of their services.

8. EffectiveSoft

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In fintech, navigating complex data standards demands rigorous adherence to software usability, security, adaptability, and performance. EffectiveSoft partners with financial entities, leveraging industry expertise to ensure error-free solutions. They craft specialized financial software, creating secure digital environments for institutions with precision and reliability.

9. Scalefocus

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Scalefocus combines top-notch engineering and industry expertise to help businesses navigate the complex FinTech landscape. Their integrated IT solutions streamline operations and enhance efficiency. With a focus on data quality and innovation, Scalefocus helps you stay ahead of fintech competition while ensuring compliance and security.

10. Hexaview

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Hexaview is a US-bad software development company that leverages deep fintech expertise to optimize financial operations. They bridge tech gaps, automate tasks with intelligent apps, and build robust, adaptable tools. Their flagship product, ReportWa, automates reporting for enhanced efficiency and productivity.

11. Vention

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Vention is a leading custom software development powerhouse, offering scalable FinTech solutions to startups and tech giants alike. Their seasoned engineering team crafts high-performing web, mobile, and cloud-based applications, ensuring excellence throughout the software development life cycle.

12. ScienceSoft

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ScienceSoft, a seasoned fintech firm with 18 years of experience and a team of 750+ professionals, excels in crafting fintech software across diverse finance domains. Their expertise spans banking, payments, lending, investment, and more, incorporating advanced technologies like AI, big data, and blockchain for robust, compliant solutions. They’re known for swift project initiation, timely MVP delivery, and adherence to ISO standards.

13. Orangesoft

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Orangesoft is a leading software development company that’s experienced in building successful FinTech applications that meet the needs of the financial industry. Their services include investment, cryptocurrency, and wealth management apps, integrating advanced technologies like IoT, AI, and ML.

14. Innowise

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Innowise, an esteemed international software development company, brings extensive expertise in navigating the intricacies of financial operations. Renowned for their innovative solutions, they empower financial institutions to thrive in the digital era while upholding industry standards, ensuring sustained competitiveness.

15. Fireart Studio

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Warsaw-based Fireart Studio offers full-cycle product development and utilizes agile methodologies in their processes, ensuring efficiency and transparency throughout their work. Their experience in building all manner of applications means they can build very user-centric fintech software.

16. Sloboda Studio

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This software development company specializes in delivering bespoke software for small and mid-sized enterprises. They’re well-known for their RoR expertise and utilizing the latest in AI solutions in their work.

17. Eleks

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Eleks is a software development company best known for their expertise in application development and re-engineering. Whether you’re starting from scratch or looking for someone to jump in on an existing project, Eleks is a solid choice.

18. IT Craft

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IT Craft has provided expert software development services for more than 20 years of experience. They specialize in customer-centric FinTech software development and know how to bring your ideas to life in the most efficient and effective way.

19. Altamira

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Altamira is a FinTech software development company famous for its quick turn-around times and ability to work around tight budgets when crafting digital products. With experience using AI and ML to handle large datasets, they’re able to help even large and complex projects transform data into something usable. Their services cover both web and mobile-based applications.

20. Itexus

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Itexus is a software development company that specializes in the financial services industry. With a portfolio of clients in 23 countries, Itexus’s team offers a wide range of software development services – from building custom software to financial product development and fintech consulting.

21. UppLabs

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UppLabs boasts a team of expert developers specialized in both mobile and web-based applications with loads of experience in FinTech, real-estate, and the healthcare industry. They work with a wide variety of programming languages alongside offices in 5 countries.

22. Symfa

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Symfa is an international software development company for companies in the finance and insurance sector. They deliver enterprise level software solutions and have over 300 successful projects in their portfolio.

23. SDK.finance

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SDK.finance was founded in 2013 and is focused on providing PayTech solutions in the finance sector. Their team of seasoned experts can support you in every step of launching your payment product.

24. Appinventiv

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Founded in 2015, Appinventiv is most well-known for its inventive and user-centric mobile applications. With a relentless focus on innovation and quality, Appinventiv crafts cutting-edge applications that empower businesses to thrive in the digital age. Their talented team of over 1000 developers has a strong track record in a wide range of mobile app development services.

25. Cleveroad

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Cleveroad is a premier software development company specialized in bespoke software solutions spanning web and mobile app development. They boast varied expertise in a range of industries, such as FinTech, logistics, and healthcare.

26. Praxent

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Praxent has more than 300 projects under its belt and decades of experience in partnering with companies to support them in digital innovation. With a strong focus on FinTech, real estate, and insurance, Praxent enables organizations to reach their goals through user-centric experiences.

27. Intellectsoft

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Intellectsoft is a leader in digital transformation consulting and software development, with clients like Universal, Disney, and the NHS is its portfolio. They offer full-cycle development of mobile, web, and desktop applications, as well as after-sale support.

28. Clarion Technologies

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Clarion Technologies is an excellent choice for those looking to cut down on costs without compromising on quality by outsourcing development tasks to a team in India. Clarion’s team is skilled and has a solid track-record of successful projects in FinTech. They offer a wide range of services, from .net and PHP to any type of app development.

29. Diceus

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A custom software development company with 250 employees and the ability to quickly scale projects when needed, Diceus’ primary experience comes in fintech, banking, retail, logistics, insurtech, and health-tech products. 

30. Relevant Software

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With a primary focus on enterprise-level banking and financial software, Relevant has built everything from blockchain based systems to online trading platforms. With a varied tech stack and over 200 projects delivered, they have plenty of experience for fintech projects.

Main Takeaways

The fintech software market is constantly evolving and expanding thanks to technological advancements and improvements in how we manage our money.

Before you start looking around for a software development partner, you need to ask yourself what the scope and timeframe of your project is, how your company prefers to operate, and assess your company culture. It’s also important to consider whether you’re willing to work with smaller or newer companies or whether experience is more important?

The FinTech development companies listed here represent innovation, expertise, and commitment to revolutionizing the financial sector. These companies are poised to drive transformative change in the industry and each of them has different expertise.

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A reader who loves writing, a marketer who loves tech, a nerd who loves sports. Dilyan, our resident writer, half-jokes that his days are filled with everything you can think of - except free time. He joined our team several years into his copywriting career - and he seems to feel at home here. Because, as he puts it, “there’s always cake at the office”.  If he doesn’t have his nose buried in a book, you can typically find Dilyan writing his latest piece, tinkering with his PC, or off swimming/cycling somewhere.