Fintech Software Development


Northell helps customers from financial institutions, banks, and innovative startups succeed through digital modernization and high-level automation. Thanks to our in-depth fintech expertise, we create smooth-running, secure, and user-friendly fintech solutions powered by the latest technologies. Our team of 50+ expert developers and designers has already built solutions of different scales and requirements: from custom P2P lending platforms to complex banking platforms. Our personalized approach and wealth of experience allow us to ensure cost-optimized and on-time delivery of different fintech solutions.

Personalized Approach

1

Technical documentation

We always start the software development process with the collection of requirements and all the necessary information about the future product. We estimate the project cost, set deadlines, and map out a feasible project plan. 

The technical documentation we compile includes technical specifications, selected technical stacks, and tools for future development.

2

UI/UX design

We dedicate an experienced design team that builds product logic, architecture and user flows. Our team designs high-fidelity wireframes and prototypes to evaluate the visual appearance of future software. 

UI designers create a design system or UI kit with all elements and components for future software. Also, the design team can create branding elements if needed. The QA team tests web product navigation, logic, and all product elements using our own in-house UX lab.

3

Development

Depending on the project’s scope of work, we assign back-end developers to implement the server side of the application, APIs, and business logic, and front-end developers to transform UI design into a functioning user side. Using pre-defined technical documentation, developers write code for all software components.

Our developers use advanced technologies and technical stacks to develop high-quality and scalable software. Our team of QA engineers simultaneously conducts various types of testing for all developed components.

4

Deployment & Integration

Next, we deliver the software to users for beta testing. After receiving feedback from users, we make adjustments and improvements to the software. At this step, our main goal is to make sure that the FinTech software is hack-proof and bug-free.

5

Maintenance

Once our customer receives the ready-to-use software, our cooperation does not end there. We guarantee software support if there are any problems or if something needs to be fixed in the future. Our team is always in touch and ready to maintain the product anytime!

Our Fintech Software Development Services Key Points

  • Full cycle development
    Fast time to market

    Thanks to our in-depth Fintech expertise, we adhere to the most efficient development and management practices, both Agile and mixed. We support continuous integration, deployment, and testing to speed up the process and provide deliverables during every short iteration. Our customers can simultaneously participate in the ongoing process, so we can quickly implement changing requirements.

  • Value for money
    Optimized costs

    Our industry-related portfolio allows us to set up an efficient development process while reducing costs beforehand. We use our practical knowledge, cost-efficient frameworks, and tools to balance our customer’s resources. Our team wisely plans the scope of functionality during every iteration to eliminate the need for implementing unnecessary features.

  • High security
    Modern technologies

    Using cutting-edge technologies and tools helps companies of all sizes efficiently meet the Fintech industry's most demanding requirements. The Northell team is not an exception. We strive for effective both cooperation and technical implementation of the project. In this way, we manage to provide top-level security, meet Fintech scalability needs, and satisfy the demand for high automation and personalization.

  • Full stack
    Focus on security and compliance

    At Northell, we understand the importance of secure software operation and financial data protection. Thus, we implement robust security practices for high data encryption, usability, and interoperability. Also, we adhere to the local and international financial data security standards (e.g., GDPR, OWASP, PCI DSS, KYC, AML) and other fintech regulations applicable to specific software types.

  • Work collaboration
    In-depth Fintech expertise

    We develop fintech solutions for early startups and established brands. This helped us build a portfolio with various types of fintech software, ranging from personal finance apps to complex banking software with different third-party integrations.

  • High standards of expertise
    Experienced team

    If you have a lot of tasks on your to-do list, Northell can assign the best talents with relevant experience in the Fintech niche to develop your project. We have specialists with different seniority levels, reasonable hourly rates, and tech skills to build top-performing Fintech software.

Northell Technology Stack

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Why Choose Northell for Fintech Software Development?

  • Less effort on recruitment

    The average time to hire a software development team is 1.5 months. We can offer specialists ready to start work within a week.

  • Advanced technologies

    Northell team designs and develops software using best design and development practices and cutting-edge technologies. Our experts regularly update their knowledge and improve their skills by attending professional workshops and seminars.

  • Huge pool of tech talent

    Following your business requirements, we provide you with a team with domain technical experience. Located in Eastern Europe, we offer talented designers, developers, testers, and other experts in various industries of different seniority levels and expertise.

  • Agile methodology

    To develop software, we use an Agile methodology, dividing the entire process of software development into short manageable cycles. Each iteration includes planning, requirements analysis, design, development, testing, and documentation.

  • Dedicated full-time specialists

    The specialists assigned to your projects work on a full-time basis. They are tech-savvy, diligent, and committed to the development process to deliver high-quality, reliable Fintech solutions.

  • Cost savings

    Outsourcing is a proven way to save you money on the workplace, equipment, etc. Furthermore, software developer hourly rates in Eastern Europe are the most reasonable.

Success stories of our clients

We are honored to work with many amazing companies and remarkable projects. Here are just a few examples of Northell solutions
View More
Launch
Marketplace

We developed a digital matchmaking platform that enables students and young professionals to be connected with companies in a fast, direct, and seamless manner.

Country: Belgium
Tool: Figma
Company Size: 10-50
SecureFlag
Education

Northell team redesigned, simplified and upgraded an advanced training platform for developers and DevOps engineers.

Country: UK
Tool: Figma
Tech Stack: Angular, React.js
Company Size: 50-100
Referrizer
Industry

Our team designed and developed the world's most advanced marketing automation platform.

Country: USA
Tool: Figma
Company Size: 150-200
E-Wish
E-commerce

Northell created a multifaceted marketplace that includes different services, e-commerce, apartment rent and taxi booking.

Country: USA
Tool: Figma
Company Size: 20-50
View More

Frequently Asked Questions

What types of Fintech software can you develop?

We have in-depth Fintech experience and develop various solutions to meet our customers’ business and technical needs. So, the Fintech software we develop:

  • Lending software 
  • Billing software 
  • Ewallet apps
  • Personal finance apps
  • Financial management software
  • Investment apps
  • Crowdfunding platforms
  • Digital banking software 
  • Insurance software 
  • Trading apps 

However, we are always ready to broaden our expertise in FinTech software development and take on new challenges.    

How do you ensure security and compliance for Fintech software development?

We know that working with financial data entails potential risks for all financial businesses. Our Fintech software development services strictly adhere to local and international security regulations (e.g., GDPR, PCI DSS, KYC, AML, etc.). We have experience in providing built-in cybersecurity, high-level data encryption, robust access control, and secure application logic.

How much does it cost to create Fintech software?

To calculate the total cost of a Fintech project, you should always pay attention to important factors that affect pricing: project complexity, software type, functionality scope, and scalability needs.

The average cost ranges from $30,000 to $550,000+ depending on the project size and Fintech product scale.

Moreover, if you decide to outsource the project, we suggest hiring an outsourcing company from Eastern European countries. For example, Northell has all levels of technical expertise and top-notch IT education, enabling us to deliver the best value for money and proven solutions in FinTech software development services. 

How can I test your expertise?

Our main priority is to directly match our customers’ expectations and business needs with the Fintech software we provide. To verify our Fintech expertise, you can review our portfolio, read honest customer feedback on dedicated platforms, like Clutch and GoodFirms or contact our customers in person. 

How to choose the best Fintech software development company online?

To choose the best Fintech software development company, we recommend researching and analyzing companies on various online platforms such as Clutch, GoodFirms, DesignRush, TopTal, or Dribble. So, consider the critical ranking criteria matching your business capabilities and requirements, such as average rates, quality, budget, and schedule. After that, scan top profiles and contact selected companies to ask additional questions or set up a business call.    

If you lack time for lengthy searches, partner up with Eastern-European Fintech software development companies like Northell. We are ready to offer the best value for money, mature development workflows, flexible pricing models, and diverse technology expertise.  

Frequently Asked Questions

What types of Fintech software can you develop?

What types of Fintech software can you develop?

We have in-depth Fintech experience and develop various solutions to meet our customers’ business and technical needs. So, the Fintech software we develop:

  • Lending software 
  • Billing software 
  • Ewallet apps
  • Personal finance apps
  • Financial management software
  • Investment apps
  • Crowdfunding platforms
  • Digital banking software 
  • Insurance software 
  • Trading apps 

However, we are always ready to broaden our expertise in FinTech software development and take on new challenges.    

How do you ensure security and compliance for Fintech software development?

How do you ensure security and compliance for Fintech software development?

We know that working with financial data entails potential risks for all financial businesses. Our Fintech software development services strictly adhere to local and international security regulations (e.g., GDPR, PCI DSS, KYC, AML, etc.). We have experience in providing built-in cybersecurity, high-level data encryption, robust access control, and secure application logic.

How much does it cost to create Fintech software?

How much does it cost to create Fintech software?

To calculate the total cost of a Fintech project, you should always pay attention to important factors that affect pricing: project complexity, software type, functionality scope, and scalability needs.

The average cost ranges from $30,000 to $550,000+ depending on the project size and Fintech product scale.

Moreover, if you decide to outsource the project, we suggest hiring an outsourcing company from Eastern European countries. For example, Northell has all levels of technical expertise and top-notch IT education, enabling us to deliver the best value for money and proven solutions in FinTech software development services. 

How can I test your expertise?

How can I test your expertise?

Our main priority is to directly match our customers’ expectations and business needs with the Fintech software we provide. To verify our Fintech expertise, you can review our portfolio, read honest customer feedback on dedicated platforms, like Clutch and GoodFirms or contact our customers in person. 

How to choose the best Fintech software development company online?

How to choose the best Fintech software development company online?

To choose the best Fintech software development company, we recommend researching and analyzing companies on various online platforms such as Clutch, GoodFirms, DesignRush, TopTal, or Dribble. So, consider the critical ranking criteria matching your business capabilities and requirements, such as average rates, quality, budget, and schedule. After that, scan top profiles and contact selected companies to ask additional questions or set up a business call.    

If you lack time for lengthy searches, partner up with Eastern-European Fintech software development companies like Northell. We are ready to offer the best value for money, mature development workflows, flexible pricing models, and diverse technology expertise.  

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