Are you embarking on an exciting fintech project and need the perfect software development firm to bring your vision to life? With so many options available, finding the right match can be a challenge. But fear not! In this blog post, we'll guide you through the process, comparing key factors and exploring diverse perspectives to help you make an informed decision.

From development cost and speed to years on the market and team size, we'll delve into the essential features of FinTech software development companies.

Position Company name Nº collaborators Price range/hour Foundation year Annual revenue Ideal for
1 Imaginary Cloud 50-249 $50 - $99 2010 $11.7M Scale-ups, Enterprises
2 Brocoders 50-249 $25 - $49 2014 $5M Startups, Scale-ups, Enterprises
3 GoodCore Software 50-259 $25 - $49 2005 $11.3M Startups, Scale-ups, Enterprises
4 Sidebench 50-249 $50 - $99 2012 $7.3M Startups, Scale-ups
5 Saritasa 50-249 $100 - $149 2005 $20.8M Startups, Scale-ups, Enterprises
6 Praxent 50-249 $50 - $99 2000 $14.5M Startups, Scale-ups, Enterprises
7 DataArt 1000-9999 $50 - $99 1997 $97M Startups, Scale-ups, Enterprises
8 Atomic Object 50-249 $150 - $199 2001 $6.1M Startups, Scale-ups, Enterprises
9 One Beyond 250-999 $50 - $99 1994 $17.4M Startups, Scale-ups, Enterprises
10 Apadmi 250-999 $300+ 2009 $35.9M Startups, Scale-ups, Enterprises
Summary of Top 10 FinTech Development Companies Software

Whether you're a startup founder or an established organization, this blog post is your go-to resource for finding the ideal fintech software development company. Get ready to uncover the insights you need to make your project a resounding success. Let's dive in and find your perfect development partner!

Table of Contents

Best FinTech Software Development Companies for 2024
Checklist for Choosing a FinTech Development Company
Factors to Consider When Selecting a FinTech Development Company
Benefits of Partnering with a Fintech Development Company
How was this ranking created?
Your next moves in Choosing a FinTech Software Development Firm
Final thoughts

top fintech development companies badge

1. Imaginary Cloud

Imaginary Cloud logo

Best suitable for: Scale-ups, Enterprises

Brief description: Imaginary Cloud designs scalable technology, and their proprietary development processes guarantee reliable, user-centred solutions that drive seamless digital transformation for Enterprise and Scale-up companies.

They are passionate about helping organisations scale, having worked with a wide range of customers. They have received numerous honours over the previous 13 years, including Top 100 Fastest Growing Companies, Top 1000 Global Companies in 2020 & 2021, UK Top B2B Company in 2021 & 2022, and Europe Best Workplace® 2022.

Services: Product ideation: Digital Transformation, Digital Acceleration, Scoping sessions, Product Development Process, MVP. Product development: Web & Mobile development, Artificial Intelligence, UX/UI Design. Product improvement: Code Audit, UX Audit

Technologies: React, Next.JS, Angular, Due, Webflow, Ruby on Rails, Node, Python, Rails, Django, React Native, Flutter, AWS, Azure, Google Cloud

Key clients: Nokia, Sage, Ernst & Young, BNP Paribas, TravelWiFi, JingaLife, Elsa, Trust Portal, Remax, Environment Intelect

Reviews: 5.0 stars on Clutch from 31 reviews

Feedback: "They always deliver on time and are very responsive to changes in scope"; "The team delivered on time and within budget, ultimately helping accelerate the overall process. Moreover, their team members were outstanding"; "We've worked with several developers, but Imaginary Cloud is the only partner that does what they say they'll do."

Methodology: Agile

Location: London, United Kingdom

Company size: 50 - 249

Founded in: 2010

Price range: $50 - $99 / hr

Culture and values: Highly process-oriented, technical excellence, work with the 1% best-in-class Europe-based developers with years of experience across different industries; digital acceleration with a lean mindset; full transparency: they provide transparent and clear communication, project management, and budgeting; they take strong ownership of the projects they work on, meaning you can expect a business partner ready to help you every step of the way.

Find out Imaginary Cloud software development service and send a message if you want to talk about your project.

2. Brocoders

Brocoders logo

Brief description: Brocoders formed a group more than 9 years ago. They have grown into a group of gifted and highly qualified specialists. Their team consists of programmers, managers, marketing specialists, content managers, and designers who collaborate.

Among the projects they have completed are web apps, mobile apps, back-end apps, scripts, and websites. They accomplished this across a wide range of products, including helpdesk, statistics, e-learning, real estate, social networks, and others.

Services: Custom software development, SaaS Team augmentation, UX/UI Design, Cloud Architecture and DevOps Services, Software testing, IT strategy consulting

Technologies: Backend - Node.js; Frontend - React.js; DevOps and Cloud Architecture - AWS, Google Cloud, Azure; Cross-platform mobile application development: React Native, Flutter; AI integration | Chatbot Development

Key clients: Gokada, Ridesharing Application, EveryPig, MyCurrency, Backbone International, Skilent

Reviews: 5.0 stars on Clutch from 30 reviews

Feedback: "The Brocoders team has fully adapted to our schedule and is always available", "With Brocoders, we were able to set up a highly skilled IT team in the shortest amount of time", "They worked very closely together with our team and were involved in our planning processes."

Location: London, United Kingdom. Development team: Ukraine.

Company size: 50 - 249

Founded in: 2014

Price range: $25 - $49 / hr

3. GoodCore Software

Goodcore Software logo

Brief description: GoodCore Software creates software for new and established enterprises. Their dynamic workforce provides excellent value. Custom operating software, feature-rich apps, and other services are available.

They provide a collaborative, fixed-cost, time-bound exploration phase to help you refine your design and technological requirements.

Services: MVP development, Bespoke business applications, Mobile app development, Web applications, Dedicated development team, Testing & Quality assurance, UI/UX design.

Technologies: Node.js, PHP, NET, Java, React, Vue.js, Angular, Microsoft Azure, Google Cloud Platform.

Key clients: Printed Music Licensing, Weight Loss Resources, GC Business Finance, XTracked Deliveries, One Golf Network, Harding Display, SWIFT, Winchester University,, Cardinal Management, Securities Commission, Psychological Services Bureau, Echovision, EZX

Reviews: 5.0 stars on Clutch from 26 reviews

Feedback: “GoodCore Software was great at grasping the concept of what we wanted to achieve”, “We think of them as a part of our team”, “GoodCore’s organization, methodology, and transparency distinguish them from other providers.”

Location: Croydon, United Kingdom. Development team: Pakistan.

Company size: 50 - 249

Founded in: 2005

Price range: $25 - $49 / hr

4. Sidebench

Sidebench logo

Brief description: Sidebench is an award-winning strategy, design, and development firm. They provide innovative enterprise companies and top new ventures seeking product strategy with the strategic value of management consultants & experienced founders, the technical chops of expert data & systems architects, and the UX-first approach of one of the best product design teams in the world.

Services: Strategy: Product validation, Competitive analysis, E-commerce, User Research, Product roadmapping, Strategic growth planning. Discovery: User experience design, User interface design, Technical architecture, Rapid prototyping, User testing, Visual design. Development: Web development, Mobile app development, Front-end development, Back-end development, Systems integrations, QA.

Key clients: Microsoft Corporation, Facebook, Instagram, Red Bull, Sony, NBCUniversal, Andreessen Horowitz, Accel, Lightspeed Ventures, Oakley, Pabst Blue Ribbon, Imagine Entertainment, Legendary, United Talent Agency, Pressed Juice, Children's Hospital Los Angeles, UCSF Clinical Innovation, American Heart Association

Reviews: 4.9 stars on Clutch from 46 reviews

Feedback: “Sidebench’s biggest strength is that they research thoroughly before working on a project”, “Sidebench took our product to the next level — they did an excellent job”, “The quality of Sidebench’s communication and transparency is outstanding.”

Location: Santa Monica, CA, USA

Company size: 50 - 249

Founded in: 2012

Price range: $100 - $149 / hr

5. Saritasa

saritasa logo

Brief description: Through its full-source Mobile App, Web, AR/VR, Software, Systems Architect, and IoT Solutions, Saritasa efficiently designs, develops, and integrates complex technologies. We serve forward-thinking SMBs, corporations, life sciences, and commercial, industrial, and high-tech organisations.

All clients require technology to streamline operations and boost revenue. Saritasa advises and assigns business analysts to new project targets.

Their staff understands project goals, guides and solves functional needs, and often proposes solutions clients hadn't considered. Full-cycle development, open methods, quality control systems, and committed teams realise their clients' project vision.

Services: Mobile development, Web development, AR/VR development, Database development, loT solutions, DevOps, Custom development, Project takeovers.

Technologies: Python, NET, PHP, React.JS, Angular.JS, Kotlin, Swift, C/ C# /C++, L.A.M.P. , Unity, Laravel, Django.

Key clients: iHeartMedia, BJ's Restaurant Brewhouse, TIPMed, Vance & Hines, Masimo, The Cheesecake Factory, Digital EMS Solutions, Inc, Sports Thread, Inc, ASCO Power Technologies, Add-On Computers, Winegard Company

Reviews: 4.8 stars on Clutch from 88 reviews

Feedback: “They were excellent from start to finish. Saritasa listened to us and led the design, testing, and publishing phases”, “Saritasa has fully delivered everything they said they could do”, “Saritasa has done their job perfectly. Our software works as intended, and everyone loves it.”

Location: Newport Beach, CA, USA. Development team: Russia

Company size: 50 - 249

Founded in: 2005

Price range: $100 - $149 / hr

6. Praxent

Praxent logo

Brief description: Praxent is known as The Fintech Product Agency™.

They accelerate the creation of distinct fintech products and experiences that yield measurable benefits. And they assist fintechs and financial services organisations in acquiring and enriching client connections by utilising the most recent advances in human-centered design, front-end engineering, and fintech product integration.

Services: Custom Software Development, Application Modernization, Mobile App Development, Web Portal Development, Backend Development, Web App Development, Front End Development, Cloud Deployment, Staff Augmentation, User Experience Design, Design Sprints, User Testing, Customer Journey, Mapping, UX Audit, User Research

Key clients: NEWITY, alooola, Sage Equity Partners, LP, Meriwest, Open Lending, My Health Math, Endex, Texas Mutual, Resolved Risk, Axiom Investors, Church Extension Plan, Spycloud, Neocova, Point Health

Reviews: 4.8 stars on Clutch from 65 reviews

Feedback: “I was impressed by their organization, professionalism, knowledge, and responsiveness in communication”, “Their whole team has been professional and excellent to work with from the top down — it’s been delightful”, “This specialization allows them to engage with industry people and conferences and deliver better services.”

Location: Austin, TX, USA.

Company size: 50 - 249

Founded in: 2000

Price range: $50 - $99 / hr

7. DataArt

DataArt logo

Brief description: DataArt is a multinational software engineering organisation with a distinctively human approach to issue resolution.

They assist companies create unique software that improves company operations and opens new markets with over 20 years of experience, teams of highly-trained engineers around the world, deep industry sector knowledge, and continuing technology research. They work with clients at any scale and on any platform, and adapt alongside them as they evolve, thanks to their People First ethos.

Services: Custom Software Development & Technology Consulting, Infrastructure & System Modernization, Cybersecurity Services, Quality Assurance, Managed Support, Industry 4.0

Key clients: The Carlyle Group, Nasdaq, Apax Partners, Monex, Credorax, Ocado, METRO Markets, Unilever, Doddle, PSI, Anthony Nolan, skyscanner, Betfair, Rappi, GroundScope

Reviews: 4.9 stars on Clutch from 26 reviews

Feedback: “By working with DataArt, we always have guaranteed quality”, “They try to solve problems in challenging times, which is highly appreciated”, “Everybody knew what they needed to do and at what time. Everything was delivered exactly as expected.”

Location: New York, NY, USA. Development team: Ukraine.

Company size: 1000 - 9999

Founded in: 1997

Price range: $50 - $99 / hr

8. Atomic Object

Atomic Object logo

Brief description: Atomic Object develops online, mobile, PC, and IoT software. Since 2001, they've helped companies create and develop with elegant, trustworthy, and easy-to-use solutions.

Their designers and developers can plan and execute your project. They'll reduce risk, make wise trade-offs, and maximise budget value. They service startups to the Fortune 500 nationwide. They'll help you disrupt your market and stand out.

Atomic is employee-owned.

Services: Web Apps, Mobile Apps, loT/Device Software, Desktop Apps, Cloud Capabilities, Artificial Intelligence Capabilities

Key clients: Steelcase, NeuroMetrix, Dexter Laundry, Deluxe Corp, Priority Health, Herman Miller, VanAndel Education Institute, ArtPrize, Drug Free Sport

Reviews: 4.9 stars on Clutch from 24 reviews

Feedback: “They’ve been an integral partner of ours for about three years now”, “They were incredibly flexible, transparent, and professional”, “They understand the key role they play in the success of our fundraising efforts.”

Location: Grand Rapids, MI, USA.

Company size: 50 - 249

Founded in: 2001

Price range: $150 - $199 / hr

9. One Beyond

One Beyondlogo

Brief description: One Beyond, a multi-award-winning bespoke software development studio, has created creative, cost-effective, and intuitive internet, desktop, and mobile apps for businesses, non-profits, government agencies, and funded startups since 1994.

One Beyond's highly competitive services are leveraged through an ideal blend of worldwide delivery centres, either UK-based or nearshore, all operating under best practice methodology and with a partnership approach to producing consistent and high-quality goods and services.

Services: Web application development, Bespoke CRM & ERP systems, Customer portal software, Application migration to Cloud, Legacy software modernisation, Team augmentation, Application support & software maintenance, Application security testing services, Hosting, Software project rescue.

Technologies: C#, Objective-C, Javascript, Java, Typescript, Swift, Kotlin, SQL server / Azure SQL, MongoDB, Power BI, MYSQL, POSTGRE, Elasticsearch, SSRS, MariaDB, Azure Blob Storage, Dynamo DB, Azure, Amazon S3, Google Big Data, RabbitMO, Azure BUS, Docker, Google Cloud Storage, mparticle, AWS Kubernetes, Firebase, Nomad, AWS Lambda, Terraform, Kafka.

Key clients: Smith & Nephew, GAIL's Bakery, Costa Express, Pearson

Reviews: 4.8 stars on Clutch from 55 reviews

Feedback: "There has been no fluff to it. One Beyond is open and straightforward about what we need and what they can do for us", "They were transparent and available to answer any questions when needed", "They make sure that they stand behind every piece of code they ship out."

Location: London, United Kingdom

Company size: 250 - 999

Founded in: 1994

Price range: $50 - $99 / hr

10. Apadmi

Apadmi logo

Brief description: Apadmi develops technologies to propel leading enterprises and their consumers forward. They accomplish this by developing digital products that solve difficult problems and provide meaningful experiences for individuals on the go via mobile, online, and digital platforms.

Services: Technology strategy, Product Strategy, Digital Transformation, Innovation, App audit, User research, Mobile app development, Complex system integrations, Website development, UX design, Ul design, Data science and analytics, Monitor, support and maintenance, Product optimisation and conversion.

Key clients: BBC, Argos, Lexus, Range Rover, NHS, Chelsea FC, SailGP, Co-op, The Guardian, United Utilities, and HSS.

Reviews: 4.8 stars on Clutch from 28 reviews

Feedback: “They’re a great team to work with", “They’re fully engaged and supportive of the project", “They’re slick and professional, getting the most out of the shortest time.”

Location: Salford, United Kingdom

Company size: 50 - 249

Founded in: 2009

Price range: $300+ / hr

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Checklist for Choosing a FinTech Development Company

In the dynamic and innovative world of financial technology, selecting the right FinTech development company is crucial. This choice is pivotal in determining the success of your digital financial solutions, as rapid technological advancements and stringent regulatory requirements mark the FinTech sector.

Checklist to Choose a FinTech Development Company

Factors to Consider When Selecting a FinTech Development Company

When selecting a FinTech development business, it is critical to evaluate a variety of criteria like development costs, speed, years on the market, security amongst others, that might significantly impact your project's success. Let's compare major features among these providers to assist you in making an informed decision.

Development cost

Development costs can vary significantly depending on your project's complexity and different companies' pricing models. It is critical to strike a balance between quality and price.

It is crucial to note, however, that rates can vary depending on geographical region and the exact requirements of your project. We propose that you investigate the price structures, given services, and client testimonials while evaluating the development expenses of various companies.

Development speed

In the highly competitive fintech industry, time-to-market is essential. Finding a development partner who can provide your product swiftly without sacrificing quality is critical. However, it is crucial to remember that development speed can vary depending on project complexity and company capabilities. Look for well-known organisations for their agile development processes, effective project management, and ability to fulfil tight deadlines.

Years on the market

Experience matters when it comes to fintech software development. Companies with a long track record of performance in the market contribute valuable insights, industry experience, and a proven track record of achievement. Consider well-established firms that have proven their capacity to adapt to the changing fintech industry and produce creative solutions. While the number of years in business should not be the only deciding criterion, it might indicate a company's stability and experience.

But not only the years matter. Considering adaptive companies is crucial in today's dynamic business landscape. These organisations stay competitive and capitalise on emerging opportunities by embracing new ways of working, streamlining processes, and fostering flexibility. A culture of continuous improvement attracts top talent and enhances agility, ultimately leading to long-term success and a strong competitive edge.

Tech stack

The technology stack you choose can significantly impact your fintech product's scalability, performance, and security. Look for organisations that thrive at implementing cutting-edge technology relevant to your project's needs. Companies should be evaluated based on their competence and experience with the specific technology required for your project.

It's also essential to stay up-to-date with technology trends, allowing software developers to make informed decisions about which tools, frameworks, and architectures to use, reducing the risk of accumulating technical debt.

Team size

The size of the development team can have an impact on project efficiency, communication, and adaptability. Larger teams are more capable of handling complex projects, but smaller teams may provide more personalised attention and a collaborative environment. When comparing the team sizes of different firms, consider the scope of your project and your preferences for team dynamics. Look for a happy medium between having adequate resources to meet project expectations and keeping open lines of communication.


Cybersecurity is a top priority in the world of fintech apps. The financial industry deals with sensitive and secret data, making it an appealing target for hostile actors. As a result, it is critical to recognise and prioritise the relevance of cybersecurity in fintech apps to protect user data, retain confidence, and mitigate potential attacks.

First and foremost, cybersecurity protects users' sensitive financial information. Personal data is handled by fintech applications, which include financial information, social security numbers, and transaction records. Financial fraud, identity theft, and reputational damage can all result from the loss or compromise of such data. Fintech organisations may create a secure environment where consumers' data stays secret and protected from unauthorised access by employing robust cybersecurity measures.

Also, cybersecurity is critical for preserving trust in the fintech industry. Companies that prioritise cybersecurity demonstrate their dedication to preserving user data, maintaining consumer trust, and establishing a strong reputation for dependability and security.

Furthermore, the financial sector is subject to severe regulatory regulations and data protection compliance norms. Fintech firms must follow a variety of legislative and industry-specific rules, including the General Data Protection Regulation (GDPR) and the Payment Card Industry Data Security Standard (PCI DSS). Implementing strong cybersecurity safeguards assists businesses in meeting these obligations, avoiding penalties, and ensuring compliance with applicable laws.

Benefits of Partnering with a FinTech Development Company

As the global FinTech market is projected to grow significantly, businesses leveraging advanced FinTech solutions benefit immensely in innovation, efficiency, and customer satisfaction.

1. Access to Specialized Expertise:

FinTech development companies bring specialized knowledge and expertise in financial technologies. This expertise is crucial for navigating the complexities of the financial industry, ensuring compliance with regulations, and implementing cutting-edge solutions such as blockchain, AI, and advanced data analytics.

2. Enhanced Security and Compliance:

Security and regulatory compliance are paramount in the financial sector. FinTech developers are adept at incorporating stringent security measures and ensuring adherence to financial regulations and standards, thereby protecting sensitive data and maintaining user trust.

3. Innovation and Competitive Edge:

Partnering with a FinTech company can drive innovation, offering access to the latest technologies and trends. This collaboration can develop unique and innovative products, setting your business apart in a crowded marketplace.

How was this ranking created?

We have considered Clutch to build this leaderboard since Clutch is a company that helps businesses find the best service providers for their needs through study and reviews. They offer verified client reviews and ratings, as well as in-depth study and analysis on companies in many different fields, such as web app development, marketing, design, and more. Clutch's goal is to help businesses choose service providers based on good information and to help service providers show off their skills and get noticed for their work.

The companies part of this leaderboard meet the following requirements:

  • On Clutch, they are ranked in the top positions for Software Developers for Fintech in the United States and the United Kingdom.
  • Have at least 20 customer reviews on Clutch.
  • Have a total Clutch rating of 4.8 or higher.
  • Have been in the market for at least 5 years and have considerable web development experience backed up by a robust and trustworthy portfolio.
  • Employ a team that has the knowledge and skills to create scalable digital solutions.

There is no sponsorship in this case.

Your Next Moves in Vhoosing a FinTech Software Development Firm

Selecting a financial software development firm is crucial to project success. Considering multiple perspectives and making educated decisions is essential, with many possibilities. These steps can help you choose the right development firm.

1. Define your project requirements: Before searching for a fintech software development firm, you must define your requirements.

  • Set goals, features, and audience.
  • Consider scalability, security, and system integration.
  • Define a project scope to help you express your needs and allow providers to make realistic proposals.

2. Research and shortlist: Find fintech software developers that meet your project needs.

  • Consider experience, client feedback, and portfolio diversity
  • Select a few outstanding firms that satisfy your first requirements.
  • Check their websites, case studies, and fintech competence.

3. Assess their expertise: After shortlisting firms, evaluate their expertise.

  • Find fintech software developers with experience.
  • Assess technical skills, industry regulations, and related technology.
  • Consider their experience with similar projects and their adaptability to market movements.

4. Assess communication and collaboration: Successful development of company collaboration requires good communication and collaboration.

  • Assess firms' initial responsiveness and transparency.
  • Consider their openness to grasp your vision, ask smart questions, and offer advice.
  • Ensure smooth development, evaluate their communication routes and project management methods.

5. Request proposals and cost estimates:

  • Contact the shortlisted firms for specific proposals and cost estimates. Proposals should include a detailed project strategy, timeframe, cost breakdown, and team organisation.
  • Assess their project knowledge and ability to meet deadlines and budgets.
  • Find companies with itemised cost breakdowns to avoid hidden fees.

6. Request client references: Client references reveal a firm's competence and reliability.

  • Ask former clients about their experience with the firm.
  • Ask about product satisfaction, timeliness, communication, and post-development assistance. This will reveal the company's strengths and weaknesses.

7. Interviews and cultural fit:

  • Interview your best candidates.
  • Use this time to evaluate their corporate culture, values, and team fit.

Cultural compatibility improves teamwork, communication, and project goals.

8. Decide: After evaluating the criteria above, decide.

  • Assess each firm based on knowledge, communication, cultural fit, and pricing.
  • Select the firm that meets your project needs, collaborates, and prioritises long-term success.

Finally, selecting a fintech software development firm takes careful evaluation of project requirements, competence, communication, and cultural fit. Follow these steps and explore multiple views to make an informed decision that sets your project up for success.

Final thoughts

Selecting the right FinTech software development firm is crucial for your project's success. It's about finding a partner who aligns with your vision and values, ensuring excellent communication and collaboration. Remember, it's not just about development; it's about building a lasting relationship based on trust, accountability, and shared goals.

Choose a firm that understands your business objectives and fits your company culture to foster a productive partnership. By aligning with a company that shares your values, you set the stage for a successful collaboration.

Ready to find the perfect FinTech development partner? Contact Imaginary Cloud today and take the first step towards a thriving business partnership.

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