Fintech Application Development Company
Raise your business efficiency bar or become a new industry sensation with next-gen fintech development services. Whether you need a finance management automation solution or a brand-new budget management app, SoftFormance is here to help.

We Work With
We distinguish two main directions in our fintech app development services.

Startup Fintech Development
The examples of Mint, Chime, and other world-class financial software startups inspire millions of entrepreneurs across the world. And you have real chances to repeat their success. All that’s required is an interesting idea and its quality implementation. SoftFormance is ready to help you handle both.

Enterprise Fintech Development
Financial technology apps help you take business efficiency to a new level as they help you automate analytics, finance estimates, projections, contract management, and many more. And we certainly know how to help you build solutions that perfectly align with your business logic.
Our FinTech Software Development Capabilities
With more than 10 years of experience in fintech software development, we’ve successfully solved many tasks and handled many challenges. Still, we have a list of capabilities and competencies that are our top priorities.
Smart Budgeting App Development
If you want to create an app that will facilitate both ordinary users and entrepreneurs in managing their budgets, we're ready to become your helping hand.
Enterprise Credibility Check Apps
Here's one more valuable trend in enterprise fintech app development. Credibility check applications enable their users to check the credibility of their potential customers and partners.
Stock Trade App Development
With the growing popularity of the stock trade, trading apps become extremely important. We're ready to provide you with a highly-dynamic stock trade app with many features and pleasant bonuses.
Lending App Development
The development of applications that allow users to lend money is on the rise. And we certainly know how to create a quality app that will help both people who loan and those who manage the loans.
Mobile Banking App Development
A solid bank needs an app to ensure an excellent customer experience. Such an app should be extremely useful and secure. But we certainly know how to deliver game-changing fintech mobile app development services.
Digital Marketplaces
Sell thousands of items to various online users, sort out your goods, and manage your revenues with good old marketplace apps. Building a quality marketplace is not an easy task but certainly one we can handle.
Crypto Trade Apps
Cryptocurrency is the future. Software founders that have managed to recognize it and create the leading crypto trade apps have managed to get their glimpse of glory. There's still a chance for you to repeat their success and ask us to build an excellent crypto trade platform.
Financial Analysis App Development
You may want to create a SaaS solution that will provide existing businesses with financial analysis features or build an analytical app for your own business needs. In both cases, we're ready to help.
Our Fintech App Development Approach
When providing our fintech software development services, we go with a tried and trusted software development methodology. You can see these 7 steps below.
Idea Generation
That's when we help you come up with an idea for a perfect startup app or an application that will help you automate your finance management processes.
Product Strategy
Here we go more specifically and make some crucial decisions on how your solution should run and develop.
Project Roadmap
This stage involves us developing a detailed roadmap that will guide us through the entire fintech development process. That’s when we also consider the main fintech development regulations.
MVP (Minimum Viable Product) Build
This stage is more relevant to fintech startups because that's when we develop an early version of your product that will face the end-user. However, even if you're in for a solution that automates your processes, building an early product version first may be a great idea.
Post-release Support and Logistics
The release is only the beginning. We're ready to guide your financial software product further on to help you get maximum advantage of it.
UI/UX Design
That's when our application design specialists decide on how your app will look and interact with the users.
MVP Release
That's when we release your MVP app to see how the customers perceive it or, if it goes about an enterprise solution, your employees work with it.
Regulatory Compliance

There’s a great list of regulations we consider while providing our fintech application development services. In Europe, these are The European Union’s 5th Anti-Money Laundering Directive, ACPR, AMF, etc. In the U.S., the most valuable fintech development rules are U.S. anti-money laundering (AML) regulations and Financial Modernization Act. We know all these rules and even more. So we can grant you quality and solid regulation-compliance practices, such as checklists, regulation consulting, and checklist-driven development.
User Data Protection

We understand that fintech software can store private user data and other types of information that should be protected, including bank account details, social security code, etc. To make sure that nothing threatens such data, we implement data protection practices, such as format-preserving encryption, hashing, Tokenization, differential privacy, login and logout monitoring scripts, etc.
Third-party Integrations

Most fintech platforms require integrations with third-party platforms, such as Stripe, Amazon Pay, Google Pay, and so on. This creates additional security challenges and may disturb your app’s security and performance. To solve these challenges, we apply the best transaction security practices and do software integration testing as a separate testing stage. We also apply Python AI/ML integration libraries, such as scikit-learn, to enforce fintech apps with world-class automation features.
The Technologies We Use

Django
Python
RabbitMQ/Celery
Postgresql

React

Angular

Backbone.js

Javascript
Docker

Ubuntu

Linux

CentOS
About Our Company
3 Millions
of hours saved thanks to the increased productivity provided by our solutions
200+
businesses launched their software products, SaaS, and mobile apps with us
100%
protection of your idea by our non-disclosure agreement
90%
of current clients recommend us to their customers
80+
Software Startup Workshops performed for our clients
30
experts in our team, ready to take on a new challenge
11
years of experience in software development
6
weeks to build and launch the first version of the software product

Our Four Promises
While working with our fintech software development company, you get a number of guarantees that allow you to feel safe and dry regarding the outcome of your project. Our four essential promises are:
Transparency
As we apply the same project management system as our customers
Ownership
Which makes us take full responsibility for the end result
High Performance
Which drives us to over-deliver and exceed your expectations
Flexibility
As we are prepared for any requirements changes in the middle of the project and are always ready to adapt
Contact Us
Kate Pakhomova
Sales Partner, SoftFormance
Book a meeting with our expert, discuss your product idea and get your questions answered

Our FinTech Cases
Here are some of our top fintech customers. We are proud to be the ones to help them implement their most ambitious plans and solve the most significant challenges.

SmartPay
Software for managing crypto payments and converting cryptocurrencies
Location: USPlatform: Web
We developed a tool for managing crypto payments. SmartPay enables its users to convert their BTC to fiat with same-day payouts wired to their bank account. The platform provides the most relevant exchange rates, offers its services at low fees, and provides seamless payment security.

Solvenzio
Online SaaS service for solvency checks
Location: USTechnologies: Python/Django, React.js, Celery
Platform: Web
Here is our fintech industry product that allows its business customers to check if their end clients can actually pay them. Solvenzio is simple-in-use and is powered by strong analytical algorithms. Users can purchase a one-time check option or a long-term subscription to this service.
Read more

Revenue Compass
Commercial intelligence platform for fast moving consumer good manufacturers
Location: USTechnologies: Python/Django, React.js, Celery
Platform: Web
This user-friendly fintech platform provides excellent analytical functionality to fast-moving consumer goods (FMCG) manufacturers. Revenue Compass helps them reduce enterprise-wide price leakages, optimize trade spending, maximize value capture, and find the best partner prices. Simply put, the platform allows FMCGs to weaponize their data into a competitive advantage
Read more
What Our Clients Say
Our Team

FAQ
1. How much can it cost to develop mobile apps for fintech?
Building an MVP version of your fintech app will cost you around $80.000-160.000. As for existing business solutions, their price will typically start from $100.000.
2. Is it possible to optimize app development costs?
You can optimize the cost of fintech app development if you start with an MVP version that will cost you less than the full application. As for most “lifehack” shortcuts, I’d recommend you avoid them because this can impact the quality of your end product.
3. What are the different types of fintech software?
There’s a great variety of fintech applications. The ones that we are focused on include smart budgeting apps, lending apps, credibility check platforms, mobile banking applications, stock trade platforms, crypto trade apps, financial analysis applications, and digital marketplaces.
Contact Us
Vitaliy Podoba
CEO, SoftFormance
Book a meeting with our expert, discuss your product idea and get your questions answered
