Mobile economy is booming and is already worth several billions of dollars. A significant part of it, is contributed by online ecommerce platforms and mobile apps. If you have a new idea in
banking and financial domain
, there cant be a better time than now. Engage with your users through push notifications and keep them connected with your fintech startup.Fintech mobile apps like most of the eCommerce applications are similar to core. The key features of fintech apps are product catalogue, shopping cart, payment gateway interface, SMS integration, push notifications, reviews, gallery and social integration. Banks / lending companies and businesses get the customizations done according to their niche.
The cost of developing a fintech app can vary according to type of app (native or cross platform) and functionalities needed. A professional fintech app development company may charge US$ 10,000 and onwards for a MVP. A full scale fintech software platform with apps may cost around US$ 30000 onwards. To get an actual estimate, you must submit detailed requirements specifications to top fintech app development companies and get the ballpark pricing.
There are immense benefits in setting up a custom fintech app for your enterprise. Check following -
- More inbound traffic and better conversion
- Better customer engagement
- Re-targeting and Re-marketing
- Immediate reporting
- Online customer reviews
- Push Notifications