Financial Software Development Company

We develop – you benefit

Financial software development services we offer

As a reliable service provider, Innowise Group delivers smart solutions that help customers achieve their business goals. For banks, credit unions, and other financial institutions, we develop complex platforms, apps, and services from scratch, always following quality standards. Additionally, our dedicated teams combine the latest advances in fintech with in-house expertise to develop solutions that become game changers in the market.

FinTech software development

Innowise Group creates top-notch custom solutions for financial, banking, and insurance industries, bringing 16+ years experience in IT.

Banking software development

Our team of experienced developers has expertise in developing complex software that meets the requirements of banks and other financial institutions.

Insurance software development

From developing custom software to creating templates and building tools, we have everything you need to get your project off the ground quickly and successfully.

Digital financial transformation

Our skilled teams of software engineers help businesses comprehend the pros of digitation and embrace business transformation to step on another level of financial efficiency.

Blockchain software development

We employ the capabilities of distributed systems based on blockchain to launch decentralized trading and asset management platforms with no censorship.

Cryptocurrency software development

Innowise Group renders top-tier crypto software development services, ensuring unwavering security and convenience for users to manage their digital assets.

FinTech cybersecurity services

To ensure the safety of user payments, our dedicated teams create custom solutions that are resistant to unauthorized access, data breaches, and hacker attacks.

Legacy app and system modernization

With our profound assistance, upgrading obsolete software and adding new features to the existing solutions go smoothly with no interruptions in the business processes.

FinTech software support

Our company provides software maintenance services to ensure its reliability, operability, security, and regulation compliance.

FinTech consulting

Our company provides software maintenance services to ensure its reliability, operability, security, and regulation compliance.

FinTech integration

We at Innowise Group build turnkey scalable solutions that stay compatible across various operating systems, external platforms and other third-party services.

Staff augmentation

Innowise Group offers fully equipped project teams or individual IT specialists to facilitate the software development process under the customer’s direct supervision.

Banking & financial software we build

Innowise Group develops, implements, and supports finance, banking, and insurance operations by building solutions of any complexity, ranging from standard personal finance apps and digital wallets to advanced banking ecosystems and e-payment platforms.

Billing, invoicing, payment

Innowise Group develops and implements cutting-edge B2C and B2B payment software that can continuously and seamlessly support a large flow of transactions. We design billing and payment solutions for various currencies and FinTech platforms and ensure high transparency, massive request volumes, and robust security.

Digital wallets E-payment platforms Money transfer systems Invoicing software Bill pay systems

Digital banking

We harness state-of-the-art digital banking solutions that provide a high level of user experience, improve customer satisfaction rates, streamline in-house sales cycles to turn into a competitive advantage. Our banking software helps establish omnichannel 24/7 communication and bank account management experience.

Mobile banking apps Internet banking web apps Open banking KYC/AML

Personal finance

Our company builds mobile personal budgeting apps to help individuals manage and improve their financial experience. Within the personal finance management app, users access all their assets (fiat, stock, and crypto) thanks to integration with APIs that enable connection with bank accounts, electronic payments, currency exchange, etc.

Income and expense tracking Income and expense categorization Budget planning Data visualization Investment portfolio management Gamification

Digital lending

Innowise Group creates smart FinTech platforms to digitize the lending processes and ensure high ROI alongside risk mitigation. Being connected to credit reporting systems and databases, lending platforms operate and streamline online credit scoring, borrower verification, and loan approval procedures.

P2P lending platforms Mobile loan apps Automated credit scoring Customer lending portals

Trading and investment

We deliver top-notch applications that allow users to manage stock and crypto assets, monitor visualized statistics, and automate buy/sell operations. Empowered with AI algorithms, our investment management software constantly analyzes market changes, connects with other meta-data information, and produces forecasts. Application users can maximize potential return and decrease max drawdown.

Web and mobile stock trading apps Wealth management AI-powered advisors Investment portfolio management Crypto asset management Advanced stock market analytics

Financial analytics

We help our customers from the financial industry use data science and ML technologies to streamline business operations and digitalize time-consuming processes. We utilize a wide range of technological tools to ensure a high level of financial analytics.

Smart data extraction Automated data processing Asset flow reporting Predictive analytics Fraud detection

InsurTech

Innowise Group provides insurance agencies with pay-as-you-go insurance solutions to facilitate increased customer acquisition and retention rates, put the business on a technological track, drive corporate digital transformation, drive sales, and accelerate customer support service.

Claims management systems Risk management software Customer support apps P2P solutions

RegTech

FinTech solutions are bound to process a large amount of sensitive data, the BFSI industry is strictly regulated and monitored by governmental institutions. We help businesses meet regulation and comply with requirements through delivering RegTech solutions, facilitating easier, faster, and more efficient regulatory compliance procedure execution.

User identification KYC modules AML modules Monitoring and reporting instruments

ERP financial systems

We build enterprise-grade fintech ERP systems that allow businesses across different verticals to plan, predict, budget, and report on an organization's financial results, optimize expenses and monitor money streams. Due to our data-driven approach, our clients are equipped with efficient tools to evaluate business performance.

Accounting of fixed, current and intangible assets Financial assets accounting Staff and payroll accounting Budgeting and transfer pricing Financial reporting software

CMS financial software

We leverage CMS facilities to create compelling content across corporate web pages and monitor their performance in terms of SEO-friendliness and conversion rates. With our help, the fintech sector uses software that easily addresses the target audience’s pain points, simultaneously turning casual visitors into market leads.

Content storing, indexing and searching Format management Revision control Access control Content publishing software

Need a FinTech solution to turn your business idea into reality?

Drop us a line and our IT experts will consult you on the best-suited FinTech software.

Advanced technologies we use

Machine learning in Finance

We build ML-powered applications supporting a copious amount of FinTech use cases, predictive analytics, algorithmic trading, process automation, and more.

Big data in financial services

In BFSI, there’s a significant amount of generated and processed data that can be used for credit scoring, sales efficiency improvement, or anti-fraud system streamlining.

FinTech blockchain

The Innowise Group team creates custom FinTech blockchain-based solutions driving new ground-breaking business opportunities.

Cloud solutions

We develop cloud-native FinTech applications and help transfer on-premise software to the cloud to achieve better flexibility, security, and cost-effectiveness.

AI financial services

Innowise Group masters top-notched AI-based financial software that facilitates operational performance, including fraud detection systems, smart chatbots, and risk management solutions.

IoT in Finance

With IoT in finance, our seasoned developers launch innovative solutions that exceed clients’ expectations and offer advanced options to tackle everyday needs.

DevOps for FinTech

We at Innowise Group ensure development and operation teams work side by side, aiming to reach fast product delivery and keep up with the latest fintech industry trends.

Cryptocurrency solutions

Being at the forefront of digital advancements, Innowise Group launches applications that allow customers to safely purchase, trade, and store cryptocurrencies.

Benefits of using custom financial solutions

Count on our dedicated developers to provide you with fintech expertise that naturally fits the market niche. We deliver resilient and flexible applications that help both big businesses and small startups manage their assets and incomes smoothly and forget about hacking risks for good.

Ease of use

The solutions we build align with users' lifestyles and do not require special skills to use. Be it web, mobile, or desktop - our teams always ensure immense user-friendliness and convenience.

Stunning performance

With our vetted specialist on board, bottlenecks and vulnerabilities in product logic is no longer an issue since we conduct all-round testing during all stages of SDLC and eliminate the slightest errors.

Enhanced FinTech security

Innowise Group emphasizes advanced cybersecurity, establishing data encryption, identity management and auditing features to guarantee bulletproof safety, compliance and accountability.

Comprehensive integrations

Using modern APIs, we ensure our fintech solutions work across a variety of third-party platforms and services, bringing engaging customer journeys with no risk of compatibility issues.

Solid reliability

We use rigorous stress testing and reliability analysis to ensure that fintech solutions can handle high server loads without freezing and bring engaging customer experiences with no side effects.

Regulatory compliance

Since the fintech vertical is strictly regulated, Innowise Group pays much attention to compliance with governmental and international quality standards, including GDPR, ISO 9001, ISO 27001, etc.)

Omnichannel payment

Innowise Group creates FinTech products allowing end users to make electronic payments through multiple channels without compromising the convenience and quality of services. We leverage state-of-the-art technologies (NFC, Bluetooth Low Energy, HCE, etc.) to make e-payments as accessible as possible.

Mobile payments

Web payments

Banking cards

eCommerce payments

NFC payments

Contactless payments

Self-service kiosks

POS systems

Mobile payments

Web payments

Banking cards

eCommerce payments

NFC payments

Contactless payments

Self-service kiosks

POS systems

FinTech app development

Financial web apps

We develop, implement, and support top-tier web applications utilizing our vast experience and the best suited technology stack. We create custom FinTech web solutions to achieve a variety of business goals.

FinTech mobile apps

Our highly professional mobile developers can create top-notch iOS and Android FinTech applications with scalable architecture, intuitive design, and impressive performance. We practise both native and cross-platform mobile app development.

ML-driven systems

We harness machine learning technology to help our customers establish high-grade financial intelligence. Our FinTech experts can automate data processing, build market prediction systems, implement customer segmentation features, etc.

FinTech app ecosystems

Our company designs complex FinTech software ecosystems aggregating interconnected and integrated digital solutions, payment services, APIs, open banking systems, and financial platforms.

Technology stack

FRONT-END

REACT

React, Redux, Redux-Saga, RxJS, React-Native, Three.JS, NextJS

ANGULAR

Angular, NgRx, NGXS, MobX, Formly, Ionic

VUE.JS

Vue.js, Vuex, Vue Router, NuxtJS, Vue CLI, Vue Meta

JAVASCRIPT

Material, Ant Design, Apollo GraphQL, Protractor, Jasmine, Jest, Enzyme, Mocha, Electron, SSR, Lodash, Date-FNS, CSS, SASS/SCSS, LESS, Lerna, TypeScript

BACK-END

JAVA

Java, Spring Framework (Core, Data, Boot, Batch, Cloud, Security, Retry, MVC, AOP, Reactor), MapStruct, Lombok, WebFlux, Hibernate, JPA2, Kafka, Flyway, Microservices Architecture, Docker, Kubernetes, PostgreSQL, MongoDB, Redis

.NET

.NET Core, ASP.NET Core MVC, ASP.NET Web API, ASP.NET MVC, Xamarin.Forms, WPF, UWP, Stateless Architecture, Microservices, Azure Cloud (App Service, IoT Hub, Event Hub)

PYTHON

Django, Django Rest Framework, Flask, FastAPI, AsyncIo, AioHttp, Tornado, Celery, Microservices Architecture, Docker/Kubernetes, PostgreSQL, MySQL, MongoDB, Redis, DynamoDB

PHP

DUKPT, Laravel, Symfony, Yii2, WordPress, Drupal, MySQL, MongoDB, PostgreSQL, REST/SOAP/GraphQL API, OAuth, HTML, Twig, Swagger, Redis, ElasticSearch, Docker, Stripe, PayPal

NODE.JS

NestJS, Koa, MongoDB, PostgreSQL, AWS

UNITY

Unity, Godot, Blender, Krita, Amplify Shader Editor, MapBox SDK, Unity IAP; Firebase SDK; ARCore, AR Foundation, ARKit, Vuforia; Google VR SDK, Steam VR SDK; Unity XR Platform SDK

RUBY

Ruby on Rails, Sinatra, Hanami, Padrino, Volt, EventMachine, Rack, Sidekiq, GraphQL, Web Socket, Swagger, JWT, OAuth

Go, gORM, Gin, protobuf, gRPC, AWS, GCP, Docker, Redis, Mongo DB, PostgreSQL

Rust

Rust, Rustup, Cargo, clap, structopt, argh, actix-web, gotham, nickel, rocket, axum, tide, warp, yew, wasm-bindgen, js-sys, web-sys, gloo. Games: amethyst, bevy, fyrox, piston, nannou, ggez, godot, raylib, SFML

C/C++

STL/C++11/14/17/20, GCC, CLang, MSVC++, WinDBG, GDB, Visual Studio, QTCreator, VIM, VSCode, CMake, Makefile, Ninja, Conan, Vcpkg, Boost, opencv, poco, protobuf, gRPC, fmt, pybindll, spdlog, ranges_v3, tensorflow, opencl, Asio++, gtest/gmock, cppunit, QT, catch2, google profiler, pytorch c++, chromium

Unreal Engine

Unreal Engine, C++, C, C#, Blueprints, UAT, UE4 Shader Graph, Unity URP HLSL, OpenGL ES

Cobol

Cobol, GnuCOBOL, VSAM, JCL, TSO/ISPF, XPEDITER, FileAid, Changeman, CICS, Hostbridge, SQL/DB2, Endevor, Visual Studio, TACL, FTP, SFTP, SCOBOL, DDL, ENFORM, eInspect, Batchcom

MOBILE

IOS

Objective-C/Swift, MVP, MVVM, Clean Swift, SnapKit, GCD, Alamofire, URLSession, MapKit, CoreLocation, XCTest, CoreData

ANDROID

Java/Kotlin, MVP, MVVM, Clean Architecture, AAC (ViewModel, LiveData, Lifecycle, Navigation Component, Paging), Dagger2, Hilt, RxJava 2, Coroutines, Retrofit, ViewBinding, JUnit, Mockito, Robolectric, detekt, SQLite + Room

FLUTTER

Bloc, Clean Architecture, Flutter, Dart async, RxDart, Dart Streams, Navigator 2.0, GetIt, Mocktail, SQFlite

REACT NATIVE

React-Native, React-Navigation, Redux, Redux-Saga, TypeScript, StyleSheet, Firebase, Styled-Components

CLOUD & PLATFORMS

AWS

Amazon Elastic Compute Cloud (EC2), Amazon Simple Storage Service (S3), Amazon Elastic Container Service (Amazon ECS), DynamoDB, Relational Database Service (RDS), AWS Lambda, ElastiCache, CloudSearch

Azure

Azure Virtual Machines, Azure Web Apps, Azure Functions, Azure Blob Storage, Azure Notification Hub, Azure AI, Azure IoT Hub, Azure Event Hub, Azure Tables, Azure Queue, Azure DevOps Pipelines, Azure Content Delivery Network, Azure Application Insights, Azure Kubernetes, Azure SQL

GCP

Google Compute Engine, Google App Engine, Google Kubernetes Engine, Google Cloud Functions, Google Cloud SQL, Google Cloud Storage, Google Cloud Datastore, Google Cloud Bigtable

SAP

SAP ABAP 7.5+, SAP UI5, SAP Fiori, JavaScript, HTML, XML, JSON, SAP S/4Hana(HANA DB, AMDP, CDS-extractors), SAP S/4Hana Cloud Public, SAP FI, SAP SD, SAP RE, SAP SCM, SAP HCM, SAP BTP ,SAP RAP and CAP,ADT Eclipse, SOAP, OData APIs, ABAP Proxy, FTP, SFTP, IDOC, DBOC,PBF Adobe form, XSTL, MWB, S/4Hana migration, ALV Grid, ALV Tree

Salesforce

Salesforce, Apex code, Visualforce, Site.com, Customer 360 Platform, Lightning Web Components, REST/SOAP API

FinTech software development process

01 Requirement elicitation Our team gathers all functional requirements to estimate the FinTech project cost and scope of work.

02 Contract negotiation We discuss all the contract terms, setting the cooperation and pricing models, deadlines, and working processes.

03 Design and prototyping Our team creates a UI/UX design and defines the core functionality necessary for financial software.

04 Architecture building We build preliminary solution architecture to provide a comprehensive vision of software capabilities.

05 Iteration planning We define the objectives, tasks and deadlines for each iteration.

06 Requirements walkthrough Our team produces detailed requirements for specific project stages or product features.

07 Daily meetings We hold daily online meetings to monitor the stages of the software development life cycle.

08 Coding Engineers perform the process of writing software code.

09 Unit testing Developers test individual units of the source code for proper and efficient operation.

10 Quality assurance QA engineers test the product for security, bugs and verifying functionality.

11 Solution deployment DevOps engineers cover continuous integration, deployment and delivery processes.

12 Maintenance and support We ensure the stable and continuous operation of the developed software.

01 Requirement elicitation

Our team gathers all functional requirements to estimate the project cost and scope of work.

02 Contract negotiation

We discuss all the contract terms, setting the cooperation and pricing models, deadlines, and working processes.

03 Design and prototyping

Our team creates a UI/UX design and defines the core functionality of the product.

04 Architecture building

We build preliminary solution architecture to provide a comprehensive vision of software capabilities.

05 Iteration planning

We define the objectives, tasks and deadlines for each iteration.

06 Requirements walkthrough

Our team produces detailed requirements for specific project stages or product features.

07 Daily meetings

We hold daily online meetings to monitor the stages of the software development life cycle.

08 Coding

Engineers perform the process of writing software code.

09 Unit testing

Developers test individual units of the source code for proper and efficient operation.

10 Quality assurance

QA engineers test the product for security, bugs and verifying functionality.

11 Solution deployment

DevOps engineers cover continuous integration, deployment and delivery processes.

12 Maintenance and support

We ensure the stable and continuous operation of the developed software.

The cost of FinTech software development

There is no standard price for the FinTech software development since each project has its own distinctive features and there can be no universal FinTech application. Many factors influence the final development cost.

FinTech app type

Tech stack

Feature set

Integrations

Team members level

Team size

Interaction patterns

Project duration

Cooperation model

FinTech app type

Tech stack

Feature set

Integrations

Team members level

Team size

Interaction patterns

Project duration

Cooperation model

Looking for a reliable financial software development company?

Innowise Group is ready to accept your challenges and deal with them quickly and efficiently.

Why Innowise Group for financial software development?

16+

years in IT

1500+

IT professionals onboard

850+

projects delivered

Our profound experience in working with financial institutions, banks, insurance enterprises, FinTech companies, and innovative start-ups allows us to keep up with recent technology trends, understand industry specifics, and anticipate its development paths. Our rich domain expertise coupled with technology aptitude creates the necessary background for delivering robust and knowledge-intensive FinTech solutions that can drive innovation, streamline business processes and bring valuable outcomes:

Increased the volume of services delivered Enhanced customer satisfaction Improved team productivity Operational costs reduction Fast FinTech app deployment Security and regulation compliance

“Since its foundation in 2007, Innowise Group has been cooperating with large European banks, financial institutions, IT enterprises, and FinTech start-ups to deliver top-notch financial software. Our company is constantly evolving to keep pace with the rapid shifts in the industry.”

Pavel Demeshkevich

COO at Innowise Group

What our customers think

Thanks to Innowise Group, we can bring significant software functions to the market earlier, which results in a higher number of customers who are willing to sign for our software solution.

Dominik Märkl Director OneStop Pro

Innowise Group continues to provide reliable support, effectively streamlining the client's development capabilities. Flexible and solution-oriented, they've established effective collaboration between teams. The team's willingness to deliver optimal results ensures the partnership's success.

Gian Luca De Bonis CEO & CTO Enable Development OÜ

Innowise Group is one of the best partners the client works with. They always fulfill our requests by providing developers that meet the client’s specific language and experience-level requirements.

Polina Shuruba Partner Manager XPRT MINDS

Financial software related cases

FAQ

Is FinTech a good industry to invest in?

Recent statistics show a steady rise in the popularity of FinTech applications among users around the world. The pandemic and the global spread of technology give compelling and undeniable grounds that the process of growing popularity will not stop but only continue. Thus, it stands to reason that a high-quality personal budget management app can likely find its audience and become a decent investment with a high ROI rate.

How do I know what FinTech solution I need?

Our IT consultants can analyze your particular business needs and provide you with a detailed solution outline, development, and implementation plan. On top of that, we can estimate project costs and time frames.

What are FinTech market trends?

The FinTech domain is constantly evolving, inevitably affecting all industry-specific applications, their feature set, design, etc. Among the recent FinTech trends are cryptocurrencies, chatbots, machine learning, natural language processing, artificial intelligence, data visualization, and omnichannel payment capabilities.

What are the benefits of outsourcing a FinTech project?

Among the main benefits of FinTech project outsourcing are:

Cost-effectiveness
Access to the latest technologies
Access to extensive expertise
Flexible workflows
Possibility of focusing on the core business

How much time will it take you to develop my FinTech software?

The development of FinTech software is a complex process, which is influenced by multiple factors. So, there is no standard time frame for a FinTech app development project. At Innowise Group, we ensure rapid development and transparency at every stage of a project.

Need other services?

Custom software development

Innowise Group develops and implements a wide range of custom solutions for various industries.

IT staff augmentation

Opt for team augmentation services to expand your in-house expertise and facilitate the IT project process.

Digital transformation

Innowise Group guides businesses and enterprises along their digital transformation path.

Mobile development

We design iOS & Android mobile apps based on the global trends and technological advancements.

Blockchain development

Skyrocket your business development and profits with our top-notch blockchain services.

NFT development

We leverage the power of blockchain technology to deliver state-of-the-art NFT solutions.

Need a technological solution? Contact us!

What happens next?

Having received and processed your request, we will get back to you shortly to detail your project needs and sign an NDA to ensure the confidentiality of information.

After examining requirements, our analysts and developers devise a project proposal with the scope of works, team size, time, and cost estimates.

We arrange a meeting with you to discuss the offer and come to an agreement.

We sign a contract and start working on your project as quickly as possible.