The cost and time of a Fintech project depend on its complexity, innovativeness, software processes, development time for each section, and team size. Since each project is unique in these aspects, we require more information about the project, requirements, and goals ahead to provide a final cost estimation. However, as a general guideline, the cost of software development for a Fintech project typically falls within the range of 4,000 to 100,000 $.

The initial phase involves performing comprehensive market research to evaluate the product’s demand and its acceptance within the target market. Afterward, the product design and development process begins, encompassing the entire customer journey, from user registration to the final stages of utilizing the software services. This includes the implementation of robust reporting systems, careful consideration of administrative and access levels for users, and seamless integration of various sections. During this critical stage, the software team diligently collaborates to refine and actualize the envisioned processes and ideas, ensuring a highly efficient and user-centric software experience.

Due to our team’s years of experience and expertise in various areas of startups and the fintech industry, we have practical experience in the stages of development, solutions, marketing, value proposition design, and business component design. It is our top priority to deliver solutions that secure your success.

While outsourcing presents its fair share of challenges, conducting a thorough evaluation of the contract timeline, delivery method, and implementation stages can significantly contribute to ensuring your success. With proper outsourcing, you have the opportunity to leverage a team that has extensive experience in implementing the software, thereby benefiting from their proven expertise in the field. This entails selecting a programming team that aligns with your specific requirements, enabling the incorporation of their collective experience, skills, and knowledge of software logic and structure into your own software solution. To address any potential obstacles and gain further insights, we encourage you to reach out to our consulting department, which can provide comprehensive assistance in identifying and overcoming these challenges, while also offering additional information and solutions tailored to your needs.

In terms of programming languages, our most extensive experience lies in Node JS, TypeScript, React JS, React Native, and Golang. For database implementation, we use MongoDB, MySQL, and PostgreSQL. As for the server side, we can propose dedicated server solutions such as Hetzner or cloud servers like AWS and Google Cloud service based on your budget and requirements.