Transforming conventional banking and financial services infrastructure
Fintech Apps are growing, and the industry is heading towards the trillion-dollar mark. At Markovate, we strive to deliver top-notch, feature-rich FinTech application development enabling industry newcomers and established enterprises to leverage the convergence of finance and technology. Backed by a mobile app development team with extensive FinTech domain knowledge, we help businesses build fintech apps and navigate the risks, opportunities and technical considerations of the modern technologies currently dominating the FinTech market, ensuring our clients stay one step ahead of the game.
Addressing industry challenges with Fintech app development services
The best way to start the fintech application development is to know precisely the problems users are already facing in the industry. As a growth-oriented enterprise, we at Markovate focus on successful products, not just successful projects. Thus deliver solutions that cater to industry challenges and keep our clients aligned with the latest trends in the financial industry. A few challenges that we cater to are:
Defining objective & audience
As we partner with high-growth startups and enterprises for Fintech mobile app development, primarily we ensure to discover the market gap and ideate a solution that can be facilitated over an app as per feasibility and scope of innovation.
Our Solution:
Identifying work sector
Research the market & check growth statistics
Conducting a feasibility study
Finalizing technology stack
Based on the scope defined, the next important aspect is settling on technology that offers the best usability results and technical advantages for implementing the solutions while keeping development factors aligned.
Our Solution:
Compare Popular Tech Stacks
Analyze the project’s technical goals within the project’s economics.
Plan the various components to be used for an application.
Fintech app development complexities
Whenever technology is built, it is made with the intention of solving a problem. And Identifying the issues, documenting and classifying the features can determine how complexities of the app will be catered to during the mobile app development process.
Our Solution:
Creating SRS and laying down the project’s scope, deliverables, features, challenges and expectations.
Managing Expectations and scalability of the project
Creating MVP to manage the complexities in a planned and economical manner.
An excellent user experience
For any successful apps, before rolling the fintech mobile app in the market, it is of utmost importance to strategize the ease-of-use, interactiveness and interface design to enhance the User Experience of the App aligned with the best usability standards.
Our Solution:
Studying user’s persona & behaviour patterns
Employing Design Thinking
Creating ideas, testing them and taking feedback
Compliant with government regulations
Being well-versed with the importance of adhering to all the stringent governmental and financial regulations to protect the end-user interest, we, with every fintech mobile app development, ensure that govt’s guidelines and compliances are met.
Our Solution:
Create privacy policy & maintain compliance with the regulations
Address top-of-mind privacy issues and grant users the ability to opt-out
Follow industry-standard cybersecurity measures
Implement the best security and data protection
It’s no secret that even with the most robust protections, some fintech applications can still be vulnerable to cyber-attacks. Considering the vulnerability factor of the fintech mobile apps, it’s essential to have a scalable AI system in place to gain path-breaking insights into business advantages.
Our Solution:
Use secure coding practices, Implement API and server security
Encrypt users’ data by PKI, tokenization, and SSL certificates
Introduce multi-factor authentication
Send timely notifications to report suspicious activities
Why you should build a Fintech app?
Cost-effectiveness for vendors
Increase financial literacy
Data analysis & security
Enhanced business efficiency
Our transparent execution of Fintech app development
Our customer-centric approach
Our transparent execution of Fintech app development
Our customer-centric approach
Why hire Markovate's Fintech app development team?
Want to know how we excel at offering the best Fintech app development services?
Well, here’s our little secret – Key elements that we focus on while we develop a Fintech mobile application.
Customer Satisfaction
Experienced Developers
Agile Procedure
Integrity & Transparency
Dedicated Teams
On-time Delivery
Our tools & tech expertise
Convert your product idea into a reality!
After you get in touch with us, our technology consultant will set up a Zoom call and work with you to:
Understand your product and business goals
Analysis how your product can solve a specific business problem
Determine the required team structure
Recommend the most suitable technology stack
Identify any technical risks and key challenges
Estimate the cost and timelines
We understand the confidentiality of your idea, so we will sign a non-disclosure agreement before our scheduled call. Once we have all the details, we will prepare a detailed product development proposal for the stakeholders to review.