Best Software Development Companies – Here is a carefully selected list of fintech software development companies, with useful details about each vendor (expertise, previous projects, skill set, team composition). It is based on screening 92 companies and analyzing thousands of reviews. Make decisions based on solid data.
Here are the top 8 fintech development service providers worldwide. There is no universal best option, so companies are sorted by the categories that seem most important from the client’s point of view – to quickly enter the project and influence the development of the business.
Best Software Development Companies
In the next section, you will find a chart that compares the company’s skills and products and how to influence your team. This will enable you to make an informed decision when choosing the best product development service provider for your case.
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In the first chart, we compare basic facts about the company. Pay attention to them, especially if you need to hire a large team of developers.
Hiring an inexperienced team for the development of fintech applications will not be the best decision, so all the companies featured in this ranking have proven fintech experience.
Companies with longer market experience may be more mature in terms of processes, and have a range of skills useful for software development.
Young companies often see things through, don’t have opinions, and can streamline some processes for you.
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If you need a team of 40+ developers, look for a bigger company. But remember, the fact that there are many developers in the space does not mean that they can start collaborating early. Large companies often require a lot of formalities before starting a project. This speeds up the process and risks favoring profitable clients.
Small companies want to prove their skills and expertise, many formalities can be skipped, as well as team building in a more personal way. But you won’t be able to give up on high demands.
In this section, we compare how quickly a company can make a real impact on your product, and what the process is to get the best business results.
Vendors who understand the business, not just the technology, will make smarter decisions, prioritize more accurately, and ultimately deliver a better product.
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A successful approach to business is demonstrated by involving business analysts in projects from the start or providing technical advisors to development teams.
The sign that a software development company will deliver your product according to business needs is also reflected in the way it works – when the boundaries between business and development are broken, and the knowledge is open to the public. A smooth flow of information between your vendors and your in-house team creates a solid foundation for a successful partnership.
Another good sign is when they challenge your vision and suggest better solutions from a business perspective.
Time to impact means how quickly a company can make a real impact on a product. It depends on how the vendor manages resources, how much formality is required before starting, and how much time is required for onboarding.
Top 10 Software Development Companies
The time to impact is also influenced by the way the company organizes the project and the additional products it offers – such as workshops. Also, having a technology advisor and technology lead on the team speeds up the time to first contribution.
The collaborative approach is closely related to the company’s culture. To find out, we have analyzed the testimonials and reviews of each company, as well as how the vendors write about themselves.
In this section, start by asking yourself what do you want collaboration to look like? Do you want an external team to work with you? Are you ready to learn something new from the vendor team and, for example, make positive changes in your processes?
A team with a strong consultative attitude will not only be willing to share their knowledge with you; They will do this automatically during the process, and will suggest some improvements and special skills that your team can learn.
Best Software Development Companies For 2023 [reviewed]
And after support ends, your team must be skilled enough to continue without vendor support.
Working in harmony with a DevOps culture means, in short, close collaboration without a knowledge center. Too much documentation lengthens the development process and makes it difficult to produce business results. Close cooperation means understanding, transparency and high quality. Frequent, high-quality releases increase the satisfaction of developers – and subsequently users of the product.
Companies that operate according to the DevOps culture and are willing to share their knowledge are pure gold – you can significantly improve your processes with these players.
You don’t need to deal with an external development team. And strong ownership of the team prevents this.
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The responsible team is not afraid to make mistakes, because they know how to fix them. They accept challenges and responsibilities. Ownership requires greater transparency and better communication.
A close partnership between your team and the vendor team will facilitate communication, increase transparency and make it easier to achieve shared business goals. It also increases productivity.
The company specializes in fintech web and mobile application development, with crypto trading, expense management, and wealth management applications in its portfolio. He has worked with startups, small and medium enterprises and corporations.
The company has strong UX design skills. They are experts in increasing customer engagement and increasing ROI by providing financial solutions that meet the needs of the modern consumer. The company offers discovery workshops that can save up to 20% of development time and understand the business of development projects.
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Service Range: Fintech Mobile App Development, Fintech Web App Development, Cryptocurrency Apps, Cost Management Software Development, Payment Solutions, Investment Software Development, Fintech UX/UI Design
Talent On Board: Software Engineers, QA Engineers, UX/UI Designers, Business Analysts, Technology Advisors, Scrum Masters, Agile Trainers, Solution Architects, DevOps Engineers, Delivery Managers
Expertise: DevOps, Workshop, Hybrid Mobile App Development, iOS App Development, Android App Development, PWA, UX Design, UI Design, UX Audit, UX Workshop, Architecture Development, MVP, Prototyping, Product Scaling, CI/CD, Automated Testing, BDD, TDD, Information Architecture, Visual Design, Backend Engineering, API Development, Serverless Architecture, Testing
What clients value: Technical knowledge, code quality, proactive attitude, project management skills, transparency, involvement, dedication, curiosity, being part of the client’s team
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Culture and Values: The team believes in ownership and building strong relationships with clients and among team members. They support active behavior. Continuous development, knowledge sharing, and close collaboration are important to the team. After hours, they are a group of friends who enjoy hanging out together.
The company specializes in fintech and blockchain software development and consulting. They are very focused on providing user-friendly and innovative fintech and banking solutions.
10Clouds has teamed up with TrustStamp, a global leader in identity verification, to develop a solution that meets the strictest security standards. It can be used to speed up the process in collaboration with companies and fintech companies. These are solutions like proof of life, identity verification or identity lake.
10Clouds’ fintech team extends to blockchain partners and mobile development teams, supports teams building platforms for secure data sharing, and helps fintech companies move to the cloud.
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Service Range: Financial Mobile Application Development, Financial Web Application Development, Banking Systems, Corporate Finance Software Development, Consulting
Talent On Board: Software Engineers, QA Engineers, DevOps Engineers, Blockchain Developers, Cloud Engineers, Software Architects, Product Designers, UX Designers, Delivery Managers, Agile Project Managers
Expertise: Artificial Intelligence, Blockchain, Cloud, DevOps, Identity Verification, Machine Learning, Data Sharing, Customer Experience, Web Development, Mobile Development, Web Design, Product Design, UX Design, Illustration, MLOps
Culture and Values: The team believes in constructive and constructive feedback as part of appreciation. They also try to recognize and celebrate success, as this increases team happiness and engagement. Care and appreciation is one of the company’s core values that keep the team together.
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Miquido provides end-to-end fintech software development services – from strategy and market research, through design, to development and support. This process allows companies to identify business needs and provide customer-focused products.
Miquido applies machine learning features and data science solutions to the financial and banking products it creates. His expertise in artificial intelligence allows him to implement chatbots or voice assistants into insurtech products. The company cares about the security and performance of the fintech applications it provides.
He has experience creating various financial products: trading platforms, investment applications, banking applications, and digital wallets. The fintech application for Next Bank has been recognized by the Singapore Fintech Festival for 3 years in a row.
Specialization: In-App Bank Account Management, Customer Relationship Management Applications for Insurance Agents, Financial Mobile Platforms, Web and Mobile Trading Platforms, Investment Applications, Stock Exchange Applications, Advance Savings Calculator
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Service Range: Banking Application Development, Digital Wallet, Mobile Banking Application, Insurance Application Development, Financial Application Development, Financial Mobile Platform Development
Talent On Board: Software Developers, Front-end Developers, Back-end Developers, Technology Leads, Software Testers, Visual Designers, Product Designers, UX/UI Designers, Project Managers
Expertise: Cloud Core Banking, Web Internet Banking, Mobile Internet Banking, Agency Banking, AI Credit Scoring, Artificial Intelligence, 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, POC
What clients appreciate: Reliability, flexibility, consistency, quick turnaround time, ability to onboard quickly, variety of skills