
Want to know what some of the most innovative fintech software development companies in the financial services industry are? The global fintech software spend is going to be expected to rise to $514.9 billion in 2028. It is high time to find the biggest innovators that drive this growth. But, what makes a good fintech software development partner for your business? In this very comprehensive guide, we will outline the top 20 fintech software development companies for 2024.
The fintech industry has witnessed a massive surge in software expenditure. This has been because people want new financial solutions. Reports say that the global fintech industry is growing rapidly with a CAGR of 25.18% from 2023 to 2028.
This growth has led to huge investments in fintech solutions and services. These leading fintech software development companies are coming up with new products. These include everything from digital payments to regtech and insurtech.
Emergence of Fintech Software Spending
The fintech innovation landscape has evolved so much. The modern business thinks to use the most advanced financial tech for better operations and to provide proper customer service.
This rise in fintech software expenditure has made companies look out for the best fintech software development companies. They need partners who can help them grow and thrive.
The selection of the best fintech software providers in 2024 followed multi-step approaches. We considered some essential factors. These were important to a fulfilling collaboration.
The companies that had performed well in these factors were selected as the best fintech software development companies of 2024.
1. PixelCrayons
Location: India
Expertise: Custom fintech solutions, payment gateways, digital wallets
PixelCrayons has a well-established reputation as one of the leading fintech software development companies. Headquartered in India, this company offers a comprehensive range of fintech services. Their key offerings include payment gateways, digital wallets, and Robo-advisors. PixelCrayons has successfully served over 5,400 clients globally, with a special focus on creating secure, scalable financial software solutions. Their ability to offer customized fintech platforms makes them an attractive choice for both startups and large financial institutions. Their services are particularly effective for businesses looking to integrate artificial intelligence (AI), big data, and blockchain technology into their financial operations.
PixelCrayons uses state-of-the-art technology to ensure that their platforms meet the needs of various financial operations, including digital payments, investment management, and online banking. Their team of fintech developers is known for offering robust, secure, and scalable solutions that comply with regulatory requirements. They provide end-to-end services, from consultation and development to post-launch maintenance.
2. ValueCoders
Location: India
Expertise: Banking portals, Robo-advisors, custom fintech software
ValueCoders is another India-based fintech software development company that has garnered significant recognition worldwide. They provide a wide range of custom software solutions tailored for the financial industry. The company’s fintech services include the development of banking portals, Robo-advisors, investment platforms, and digital wallets. They have over 675+ developers who are experienced in modern technology stacks like blockchain, cloud computing, and artificial intelligence.
One of the standout features of ValueCoders is their ability to deliver solutions that comply with global financial regulations, including Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements. The company also has extensive experience in developing banking applications for both retail and commercial banks, offering solutions that help financial institutions reduce operational costs while improving service quality.
3. Brainhub
Location: Europe (serving globally)
Expertise: Product development, fintech consulting, UI/UX design
Brainhub is a European-based software development company with a strong global presence, particularly in fintech. Their services span across the development of fintech applications, product strategy, and consultation. Brainhub is known for creating user-friendly mobile and web-based applications for various financial services such as payment solutions, banking platforms, and investment applications.
Brainhub has worked with fintech startups as well as large financial institutions, helping them develop robust solutions that can handle high volumes of transactions while ensuring data security. They focus on UI/UX design, ensuring that the fintech platforms they build are intuitive and provide a seamless user experience. The company also offers fintech consulting services, assisting clients with product strategy, market analysis, and tech stack recommendations.
4. 10Clouds
Location: Poland
Expertise: Payment solutions, scalable fintech applications
10Clouds is a Poland-based software development company that specializes in creating payment solutions and fintech platforms. They leverage modern technology stacks such as ReactJS, Node.js, and Python to build scalable financial applications. Their services are used by companies that require secure, reliable, and user-friendly financial systems.
The company has a full-cycle development process that starts from product ideation to deployment and maintenance. 10Clouds is particularly skilled at creating scalable payment gateways that can handle large numbers of transactions, ensuring high levels of security and efficiency. In addition to fintech, they offer services in other sectors like healthcare, but their financial software development capabilities have made them a trusted partner for numerous fintech startups and financial institutions.
5. Miquido
Location: Poland
Expertise: User-centric fintech solutions, mobile app development
Miquido is known for its focus on user-centric fintech solutions. They offer mobile and web app development services, particularly tailored to the needs of the financial sector. Miquido works closely with financial institutions to ensure that their platforms not only meet the technical requirements but also provide a smooth and intuitive user experience.
With a portfolio that includes several notable fintech projects, Miquido has helped businesses enhance operational efficiency and customer satisfaction through its innovative apps. The company employs data-driven approaches to understand user behavior and integrates these insights into their fintech platforms, ensuring a high level of usability and functionality.
6. KindGeek
Location: Ukraine
Expertise: Blockchain solutions, AI, financial bots
KindGeek is a fintech software development company that focuses on creating cutting-edge solutions using technologies like blockchain, AI, and custom bots. Their financial solutions are particularly valuable for businesses looking to adopt blockchain for payment systems, decentralized finance (DeFi), or other financial applications.
The company provides end-to-end services, from product ideation to deployment and post-launch maintenance. KindGeek’s ability to integrate AI-based financial bots into their software solutions enables companies to offer automated customer service, fraud detection, and personalized financial advice.
7. Netguru
Location: Poland
Expertise: Banking platforms, investment applications, startup support
Netguru has positioned itself as one of the top fintech software developers, offering customized solutions for both banks and fintech startups. They provide Banking-as-a-Service (BaaS), investment applications, and support for fintech startups looking to scale their services. Netguru is also a leader in digital transformation, helping financial institutions modernize their services to stay competitive.
With a large team of over 700 employees, Netguru has the capacity to handle complex projects, whether it’s building a custom fintech platform from scratch or modernizing existing financial systems. They are well-known for their ability to create secure, compliant financial platforms that meet the requirements of financial regulators around the world.
8. DataArt
Location: Global (USA, Europe, UK)
Expertise: Digital transformation, legacy system modernization, cybersecurity
DataArt is a global leader in fintech software development, with over two decades of experience. They specialize in digital transformation, helping financial institutions modernize legacy systems to improve functionality and enhance security. DataArt also focuses heavily on cybersecurity, ensuring that their financial platforms are compliant with industry standards and regulations.
Their fintech solutions range from payment processing systems to wealth management platforms. DataArt is particularly skilled at handling large volumes of data and ensuring that financial institutions can operate securely in an increasingly complex digital world.
9. EffectiveSoft
Location: USA
Expertise: Secure fintech software, financial reporting
EffectiveSoft is a US-based fintech software development company that specializes in building secure financial systems. They offer tailored solutions for financial institutions that require high-performance, secure software that can handle large-scale operations. Their services include financial reporting software, wealth management platforms, and trading applications.
EffectiveSoft ensures that their platforms comply with global security standards, including PCI DSS and ISO/IEC 27001, ensuring that financial data is safe and protected from breaches. Their extensive experience in the fintech industry makes them a trusted partner for companies looking to improve operational efficiency and security.
10. Scalefocus
Location: Bulgaria
Expertise: Data management, regulatory compliance, digital transformation
Scalefocus is a leading software development company in Eastern Europe, offering a range of services that cater specifically to fintech businesses. The company focuses on data management, helping financial institutions organize and analyze large datasets to improve decision-making processes. They also specialize in regulatory compliance, ensuring that fintech solutions meet industry standards like PSD2, GDPR, and other global financial regulations.
In addition to compliance, Scalefocus provides digital transformation services for financial institutions looking to modernize their infrastructure. They have helped several banks and fintech startups adopt new technologies such as blockchain and AI to optimize their operations. Scalefocus offers end-to-end development services, including consultation, design, development, and post-launch support, making them a trusted partner for fintech organizations looking to innovate
11. Hexaview Technologies
Location: USA
Expertise: Financial reporting, wealth management, custom fintech software
Hexaview Technologies is a USA-based software development company with a focus on wealth management and financial reporting platforms. One of their flagship products is ReportWa, an automated financial reporting tool that helps wealth managers and financial advisors streamline reporting processes and reduce manual errors. The company also develops Robo-advisors, trading platforms, and other financial tools that are highly customized to meet the specific needs of clients.
In addition to its wealth management solutions, Hexaview has deep expertise in custom fintech software development, with services that include blockchain integration, big data analytics, and mobile-first financial platforms. Their ability to automate complex financial processes while maintaining stringent security standards has earned them a global clientele.
12. Vention
Location: Global (offices in USA, Europe, and Asia)
Expertise: Mobile and web fintech platforms, cloud computing, AI-driven solutions
Vention is a global software development company specializing in custom fintech solutions that span a wide range of services. Their offerings include the development of mobile and web-based financial platforms, as well as cloud-based solutions that help companies scale rapidly while ensuring security and compliance.
Vention’s fintech solutions are powered by cutting-edge technologies such as artificial intelligence (AI), machine learning, and blockchain, making them a leader in creating innovative, secure, and scalable financial products. Their ability to design and implement AI-driven financial applications has helped numerous startups and established enterprises gain a competitive edge in the market. With a global team of engineers, they can deliver solutions tailored to the needs of various geographic markets.
13. ScienceSoft
Location: USA
Expertise: AI-based fintech solutions, banking applications, big data analytics
ScienceSoft is a U.S.-based software development company with a strong focus on creating AI-driven fintech platforms. They have extensive experience in developing applications for the banking, insurance, and investment sectors. ScienceSoft’s fintech solutions leverage technologies like big data, AI, and machine learning to provide real-time insights and optimize financial processes.
Their expertise in developing Robo-advisors, predictive analytics tools, and blockchain-based payment systems has helped financial institutions transform the way they operate. ScienceSoft also provides consulting services to assist businesses in implementing digital transformation strategies that align with regulatory frameworks and business objectives.
14. Orangesoft
Location: USA
Expertise: Cryptocurrency platforms, wealth management, mobile fintech solutions
Orangesoft is a USA-based company specializing in cryptocurrency and wealth management applications. They provide end-to-end development services, from product strategy to deployment, focusing on mobile-first financial solutions. Orangesoft is recognized for its expertise in developing platforms that integrate blockchain technology and cryptocurrency trading.
In addition to their work in the cryptocurrency space, Orangesoft has a strong track record of developing wealth management platforms that help financial advisors manage client portfolios efficiently. Their mobile app development services are tailored to provide a seamless user experience, ensuring that clients have easy access to financial services on the go.
15. Innowise Group
Location: Ploand
Expertise: Digital transformation, compliance, fintech consulting
Innowise Group is a global technology partner for businesses looking to embrace digital transformation. They have a strong focus on the fintech sector, helping companies modernize their legacy systems and adopt new technologies like cloud computing, AI, and blockchain. Innowise offers full-cycle software development services, from concept to deployment and support, making them a reliable partner for fintech organizations at any stage of development.
Innowise also provides consulting services, assisting financial institutions in complying with international regulations such as GDPR, PSD2, and AML/KYC. Their expertise in building regulatory-compliant solutions ensures that fintech companies can operate seamlessly in highly regulated environments.
16. Fireart Studio
Location: Poland
Expertise: Full-cycle fintech development, UX/UI design, product strategy
Fireart Studio is a design and software development company that excels at creating full-cycle fintech products. They work with both startups and established financial institutions to create custom solutions that meet business goals while offering an exceptional user experience. Fireart Studio places a strong emphasis on UX/UI design, ensuring that their fintech platforms are intuitive and easy to use.
The company’s approach combines product strategy, design, and development, making them a one-stop shop for businesses looking to launch a fintech product. Fireart Studio’s services also include branding, which helps fintech startups establish a strong market presence.
17. Sloboda Studio
Location: Berlin
Expertise: Ruby on Rails development, AI-driven fintech solutions
Sloboda Studio is a leading development company that specializes in building fintech applications for small and medium enterprises (SMEs). They have deep expertise in developing AI-driven financial solutions that help businesses automate processes like customer support, fraud detection, and personalized financial services.
Their fintech software is built to be scalable and secure, ensuring that businesses can grow without compromising on quality or security. Sloboda Studio also offers consulting services, helping fintech companies define their product strategy and choose the right technology stack for their needs.
18. Eleks
Location: Ukraine
Expertise: App development, re-engineering, financial automation
Eleks provides a wide range of software development services, focusing on the re-engineering of legacy financial systems and developing new fintech applications. The company is known for its ability to automate financial processes, offering solutions that improve operational efficiency and reduce manual workloads.
Eleks works with both fintech startups and established financial institutions, helping them modernize their services through innovative applications. Their expertise spans across a range of financial services, including payment processing, wealth management, and risk assessment platforms.
19. IT Craft
Location: Germany
Expertise: Customer-centric fintech platforms, web and mobile development
IT Craft has over 20 years of experience in providing custom software development services, with a strong focus on creating customer-centric fintech platforms. They offer web and mobile development services that are tailored to the specific needs of financial institutions and fintech startups. IT Craft’s solutions are designed to be scalable, ensuring that they can grow alongside the business.
The company’s expertise in cloud-based and mobile-first fintech applications makes them a valuable partner for businesses looking to offer seamless digital financial services to their customers. Their development team is skilled at integrating advanced technologies like blockchain, AI,
19. Diceus
Location: Poland
Expertise: Customer-centric fintech platforms, web and mobile development
Diceus emerges as a leading player for engineering excellence across core banking systems, trading solutions, payment gateways and other mission-critical platforms. With extensive expertise honed over serving mid-sized financial institutions, Diceus brings together robust architecture capabilities aligned with imperatives around security, compliance and resilience.
Areas where Diceus truly stands out include its solution accelerators targeted for lending, insurance and capital market ecosystems. For clients keen on leveraging emerging capabilities around data mining, analytics and automation for sustainable value creation, Diceus also promises scalable access to usable next-generation technology skills.
20. Altoros
Location: USA
Expertise: Blockchain, smart contracts, fintech automation
Altoros is a global provider of blockchain-based solutions for the fintech industry. Headquartered in the USA, the company specializes in creating smart contracts, decentralized finance (DeFi) platforms, and blockchain-based payment systems. Altoros works with fintech companies looking to implement blockchain solutions to ensure transaction security, transparency, and efficiency.
Altoros is a global provider of blockchain-based solutions for the fintech industry. Headquartered in the USA, the company specializes in creating smart contracts, decentralized finance (DeFi) platforms, and blockchain-based payment systems. Altoros works with fintech companies looking to implement blockchain solutions to ensure transaction security, transparency, and efficiency.
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