Development of fintech applications and services

Financial technology (fintech) is an industry in which financial companies and banks operate, applying innovative developments and the cooperation of traditional financial institutions with technology companies. Therefore, modernization or association is needed primarily to remain competitive with other participants in the financial market.

Interest in fintech products emerged in 2014 when banks began developing their applications and mobile services and modernizing traditional services. Now every third client of the bank uses at least one financial application. In parallel, fintech startups with fresh ideas began to appear. They worked faster than conservative bankers, were not afraid to experiment with money, and were closer to the people. This is how the market for financial and technological applications and services, including mobile ones, began to grow.

In the business environment, an opinion has formed that technology startups can replace financial institutions. But on the other hand, economists consider this thesis doubtful because startups are not inclined to engage in lending. Instead, these parties will enter into more partnership agreements, allowing them to gain people's attention. After all, users are already accustomed to all actions being performed automatically by pressing one button.

The partnership of two previously independent areas is genuinely mutually beneficial. Financiers and bankers have client bases, access to significant capital, and the ability to work in a highly regulated legislative area. But for the same reasons, internal innovation and rapid testing of new solutions are difficult for them. On the other hand, high-tech enterprises need access to this customer base, and in return, they are ready to offer their ability to create value-added services that inspire users.

Types of fintech applications that you will interest customers in

The development of mobile and web applications aimed at the B2C audience should be part of any bank or financial company's plans to achieve a positive customer experience. And if it is no longer possible to keep customers with typical financial applications and something more modern is required, then make them technological by adding the appropriate functions:

Personal Finance Apps

- Personal finance management with savings training;

- Accounting for expenses with a hint of ways to save money;

- Analysis of financial habits with personalized advice;

- Smart digital piggy bank with flexible settings and support for deposit transfers.

Applications for investment

- Tracking and notification of changes in prices for shares, currencies, and cryptocurrencies;

- Robotic advisor for investments and portfolio diversification;

- Automatic copy trading;

- Asset management using artificial intelligence.

Lending Supported Apps

- Accelerating the procedure for obtaining a loan using a chat-bot;

- Automated credit rating based on AI;

- P2P lending between client users;

- Automatic issuance of microcredits by artificial intelligence.

- Applications with the possibility of transfers and payments

- Mobile or web wallet with support for electronic money and cryptocurrencies;

- Risk assessment of transactions based on machine learning;

- Support for innovative auto payments (regular, irregular);

- Splitting a transfer into multiple recipients.

Fintech trends of recent years

Along with technologies that modernize traditional money, new areas are developing that are worth paying attention to. Your current customers are already interested in them, and your potential customers are also interested in them, whom you can attract with a modern approach.

Cryptocurrencies

Blockchains

Blockchain technology is now needed by any business, as it has proven suitable in all areas. Blockchain applications are based on decentralization and distribution; they are transparent and secure. We have been engaged in blockchain programming, writing smart contracts, and conducting security audits for a long time. There is an experience in deployment based on well-known platforms created from scratch. It's time for you to join the new technology by ordering blockchain development.

Coins, tokens, ICO, IEO

Cryptocurrency found acceptance by progressive people and changed the currency market forever. Digital assets have taken over a significant share of investments. New cryptocurrencies appear regularly, and initial coin offerings are held. It isn't easy to move Bitcoin and Ethereum, but it is accurate to take your place under the sun. Perhaps your coin or token will enter the top three if you order the release of a cryptocurrency from us.

Cryptocurrency trading

While some companies launch crypto projects with their currency, others help to promote them on the market. They also allow customers to purchase a new product more quickly. Everyone can earn on crypto trading and exchange - sellers with buyers, traders, and most importantly, the trade organizer. Expand the scope of your activities by ordering the creation of a cryptocurrency exchange or exchanger.

Fiat money

Electronic money

E-commerce participants are constantly looking for new payment options. Online store owners want to accept payments in all possible ways. Their clientele intends to use a convenient e-wallet with fast transfers and payment support. You can satisfy their need for electronic money and benefit from commissions if you order the development of an electronic payment system.

Mobile banking

Mobile users with a card and a bank account would like to manage their money through a smartphone, not a computer, which is not always at hand. They would rather forget about visiting branches with queues. Current customers require modern banking solutions. Surround them with care and attention by ordering a mobile banking system.

Trading automation

Professional traders, investment and hedge fund managers use automation in their painstaking work. With it, they can be sure of the profit from trading. We will facilitate your work if you also participate in exchange transactions. To trade with high speed and accuracy, order the development of a robot or terminal from us.