Top 10 Fintech Software Development Companies 2020

Are you looking for a fintech software development company to design financial management software or create an online banking system that will improve operational efficiency? In 2020, the market is saturated with vendors, and it is certainly challenging to choose just one who will meet your business requirements and aid to automate business processes.

To make things easier for you, we have composed a list of the top 10 financial software development companies. They all have a proven experience working for high-profile international clients on banking software, investment management systems, payment processing platforms, and more.

All featured developers have experience and qualifications that make them trustworthy partners for financial software development of any level of complexity. 

If you need to create a banking application, payment processing system, or a CRM for your financial organization, have a look at our list – these fintech software development companies are a great choice for you.

Best fintech companies 2020

Here is the list of the companies that we have selected for you out of hundred of vendors as the top professionals in their field.  

Now let us have a more detailed look at each of the financial software engineering companies:

1. Serokell

Serokell is a fintech software development company that creates innovative solutions and integrated systems for financial organizations from scratch. They build blockchain platforms, digital lending solutions, banking secure systems, payment processing software, regulation and compliance management software, financial risk programs, and more. Their solutions will improve operational efficiency, expand cross-selling opportunities, and the ability to ensure competitive loans for financial companies and banks accordingly. Their team of 50+ developers uses functional programming languages for extra security and reliability of their software solutions. Serokell has expertise in blockchain development, fintech programming, AI, and big data analytics. This software engineering agency also consults businesses on the perks of digitalization and assists them in solving tricky technical issues. Serokell has been named by many online rankings like Clutch, GoodFirms and The Manifest as the top developer in the field.

2. iTechArt Group

iTechArt Group is a custom software development company that has more than 1600 in-house developers. Different teams of developers cover projects across various industries including fintech. Their online banking software, investment management software, personal finance management solutions help tech startups and enterprises benefit from digitalization. With emphasis on outstanding performance, they go the extra mile to create fully-fledged, scalable and stable solutions. Apart from custom software solutions, they also provide Fintech consulting and staff augmentation services. By working with iTechArt Group, one facilitates innovation and makes the most out of the emerging technologies. Their team has experience developing banking software, trading solutions, investment management systems, blockchains and security intelligence software. iTechArt implements the latest technologies and tools to provide CRM migration, mobile and internet banking solutions, business processes automation, and payment software for banks and credit unions. Their featured projects are Forex trading fintech app and revamping the web solution for a leading stock intraday provider Barchart.

3. Fingent

Fingent collaborates with fintech startups, mid-market businesses and large enterprises worldwide in order to help them to improve performance. Their software allows to eliminate repeated data entry and decreasing errors, optimize business cycles to make transactions faster, and increase the ability to sell with deeper insights into user profiles. Fingent’s developers equip clients with innovations that overcome business problems. By applying the latest advances in technology like Blockchain, AI, Robotics and Big Data Analytics and combining it with smart implementation strategies, the team creates tailored software solutions that meet growing customer expectations. They help banks and financial managers to overcome challenges and enhance operational efficiencies.

A list of a few big names they have collaborated with includes Sony, Johnson & Johnson, and Trade Alliance Group. In particular, they have helped Johnson and Johnson improve their productivity by 50% with their fintech components and allowed Sony to increase value addition to their projects by 300%.

4. Intellectsoft

Intellectsoft is a digital transformation company that provides top-notch development solutions for financial organizations and Fortune 500 companies alike. They have a strong consultancy team that assists businesses in adopting new technologies and solving problems that can appear during digital transformation in the financial industry. Intellectsoft offers world-class FinTech solutions and Blockchain financial technologies. The company specializes in creating software solutions that help both customers and employees of financial organizations to be able to leverage the latest technological advancements. Intellectsoft helps with blockchain development, digital wallets implementation, trading software development, payment processing systems and lending software deployment. Their high-profile clients are Harley Davidson, Eurostar, Jaguar Land Rover and Guinness. 

5. Atomic Object

Atomic Object creates financial software products for the web, mobile devices, and desktop. They mostly collaborate with mid-market companies and large fintech enterprises. In their portfolio, you can find commercial loan software, online banking software and applications, CRMs, payment processing software, personal finance management software and more.

Atomic Object is a company with defined business processes and a transparent approach to development. Sustainability and involvement of all members of the team in order to help the client to achieve their goal is an indispensable component of their corporate culture. Their technical kit includes a variety of development instruments for desktop and mobile devices alike. Atomic Object is a good choice if you need to develop a product from scratch but you can also outsource parts of your software or request integration of the components. In the arsenal of the company, there are instruments that will allow easy integration of any system for the seamless digital transformation of financial institutions. Their list of key clients includes Dexter Laundry, Deluxe Corp, and Herman Miller.

6. Praxent

Collaborate with Praxent if you aim at creating seamless digital experience for your customers and employees. Praxent has years of experience working with financial products in the fields of Lending, Insurance, and Wealth management. Proficient in various fields of software engineering like custom software and application development, UX/UI design, digital strategy and legacy modernization, they are able to meet the requirements of financial businesses regardless of their size. However, the majority of their projects were delivered to medium-sized businesses. Praxent’s team helps financial industry clients to implement innovation, accelerate business growth and build competitive advantage. The company has been included in Inc.5000 list 3 times and enjoys high rating on Clutch and other B2B IT aggregators. Key clients of Praxent are Amherst, Dimensional Fund Advisors, NRG SunCap Financial, and Texas Mutual Insurance Company.

7. Spire Digital

Spire Digital is a digital product development firm that transforms business through design and technology. They provide services in fintech software development and consultancy to top international companies and report a high level of customer satisfaction. Spire Digital has expertise in web, mobile, wearables, AI and machine learning, and blockchain, and implements this knowledge to deliver top-notch software to banks and financial organizations. This fintech software developer team develops digital solutions for different industries but pays the foremost attention to financial services. They manage to predict the needs of their clients and create business-critical loan software, online banking systems, CRMs, investment management software, payment processing software, personal finance management applications. Their software helps businesses to increase revenues, operational efficiencies, market share, and customer satisfaction. Well-known clients of Spire Digital are Western Union, Experian, Rally 4, VectraBank, and Community Funded.

8. Sidebench

Sidebench is a strategy, design, and development fintech consultancy. The firm delivers FinTech software development outsourcing services and comprehensive financial technology solutions to meet the ever-growing needs of financial startups and enterprises. They have been ranked by a number of B2B ranking platforms and aggregators like Clutch, App Development Companies and others as a top developer for fintech companies. Their team can develop software that helps banks to reach more customers as they can transfer money from their laptops, PCs, tablets, or mobile phones and an increase brand awareness by developing custom-made solutions. Sidebench uses state-of-the-art technologies to meet customer requirements and allow businesses to scale quickly without hiring more employees. Automating your financial services with Sidebench, you provide yourself with the infrastructure for long-term success. The most high-profile clients of Sidebench are Imagine Entertainment, Red Bull, Microsoft, Facebook, Sony Pictures, Instagram.

9. The Software House

The Software House is a team of IT specialists that helps CTOs, Product Owners, and entire businesses to get their software products done on time, while using the best technologies. The Software House is one of the fastest-growing software development firms in Central Europe, according to Deloitte. The company has also been listed as a top custom software development company by Clutch, 99Firms, and Software World. Fintech software development is one of the main strengths of the Software House. They have created online banking software and applications, investment management software, payment processing software, regulation and compliance management solutions, financial risk management software, and financial fraud detection systems. If you need software solutions for financial products, The Software House is a perfect finance service developer and partner for your business. 

10. STX Next

STX Next is Europe’s largest Python software developer with a team of more than 200 Python, JS, React Native and full-stack software engineers. A large share of their projects are financial industry oriented products. Their portfolio includes a lot of successful applications and programs for Banking, Fintech, and big data analytics applications in this field. Their collaboration with credit institutions, insurance companies, and banks allowed them to provide quality service and use state-of-the-art technologies to meet customer requirements. Scalability, reliability and security of the created systems are top priorities for STX Next. 

Conclusion

Choosing a company for outsourcing financial software development is hard only if you do not know the evaluation criteria of the vendor’s effectiveness. However, with this list you will feel like you know the market like the back of your hand. Choose a company that has experience developing similar projects for the same industry and has a comprehensive technical stack – and you won’t be disappointed.