MobileAppDaily Insights: AI Will Kill 70% of Business Apps by 2027 (Here's Which Ones Will Survive) | Bizz Impact - Times Now
The global financial app market is projected to expand at a 15.35% CAGR (2025- 2034). The best banking app development companies are leading this transformation by engineering secure, compliant, and user-centric digital banking platforms.
Barrana Inc is a mobile app development company that partners with businesses of all sizes to build digital products. Focusing on sectors such as Information Technology, Hospitality & Leisure, ECommerce, the firm delivers custom app development services tailored to business goals. Leveraging their technical expertise in iOS and Android app development, they deliver customized solutions that enhance digital presence and improve ROI. [View Barrana Inc profile ]
Catering primarily to businesses of all sizes within the Information Technology, Non-Profit, Financial Services sectors, Sourceved Technologies operates as a full-service mobile app development agency. Their team focuses on creating scalable digital products, with specific expertise in iOS and Android app development, helping clients navigate the mobile landscape. [View Sourceved Technologies profile ]
Nexcenz Technologies Pvt Ltd is recognized for delivering end-to-end app development services, tailored for businesses of all sizes. Specializing in iOS and Android app development, this mobile app development company works extensively in industries like Information Technology, ECommerce, Education, building solutions designed to meet specific market demands. [View Nexcenz Technologies Pvt Ltd profile ]
With a strong footprint in Automotive, Education, Logistics & Supply Chain, Webuters Technologies Pvt. Ltd. positions itself as a versatile mobile app development company. They assist businesses of all sizes by engineering robust iOS and Android app development solutions that align with business goals. [View Webuters Technologies Pvt. Ltd. profile ]
Montenegro Systems provides bespoke app development services for businesses of all sizes. The company offers high-performance iOS and Android app development. Their portfolio spans various verticals, with a notable focus on businesses in the Automotive, Real Estate, Oil & Gas. [View Montenegro Systems profile ]
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Wiz91 Technologies Pvt Ltd delivers specialized app development services focused on native iOS and Android app development. This mobile app development agency partners with businesses of all sizes, bringing expertise across the Real Estate, ECommerce, Travel & Tourism industries. [View Wiz91 Technologies Pvt Ltd profile ]
Serving businesses of all sizes across diverse Advertising & Marketing, Legal, Logistics & Supply Chain, the app developers at Codesolvix deliver expertise in the form of innovative products. They empower clients to achieve digital transformation by offering high-quality iOS and Android app development solutions. [View Codesolvix profile ]
As a dedicated mobile app development agency, Scand Poland maintains a sharp focus on iOS and Android app development for businesses of all sizes. Their expertise is concentrated on providing tailored solutions to organizations within the Information Technology, Sports & Recreation, Transportation segments. [View Scand Poland profile ]
MarcelHeap provides comprehensive app development services to businesses of all sizes, helping them secure market presence. This mobile app development company specializes in robust iOS and Android app development for clients across Manufacturing, Financial Services, Consumer Products & Services. [View MarcelHeap profile ]
Driven by efficiency and performance, Kavelogics delivers full-cycle iOS and Android app development. Their app developers serve businesses of all sizes, solving the pain points of multiple industries like Real Estate, Education, Hospitality & Leisure, thanks to their strong technical expertise. [View Kavelogics profile ]
Canvas Craft Media is a mobile app development company that partners with businesses of all sizes to build digital products. Focusing on sectors such as Travel & Tourism, Construction & Engineering, On-demand, the firm delivers custom app development services tailored to business goals. Leveraging their technical expertise in iOS and Android app development, they deliver customized solutions that enhance digital presence and improve ROI. [View Canvas Craft Media profile ]
Catering primarily to businesses of all sizes within the Consumer Products & Services, ECommerce, Information Technology sectors, Digital Silk operates as a full-service mobile app development agency. Their team focuses on creating scalable digital products, with specific expertise in iOS and Android app development, helping clients navigate the mobile landscape. [View Digital Silk profile ]
GrapesTech Solutions is recognized for delivering end-to-end app development services, tailored for businesses of all sizes. Specializing in iOS and Android app development, this mobile app development company works extensively in industries like Advertising & Marketing, Oil & Gas, Entertainment, building solutions designed to meet specific market demands. [View GrapesTech Solutions profile ]
With a strong footprint in Food & Beverage, Health Care, Wellness & Medical, Information Technology, Skylane Solutions positions itself as a versatile mobile app development company. They assist businesses of all sizes by engineering robust iOS and Android app development solutions that align with business goals. [View Skylane Solutions profile ]
ThePlanetSoft provides bespoke app development services for businesses of all sizes. The company offers high-performance iOS and Android app development. Their portfolio spans various verticals, with a notable focus on businesses in the Dental, Health Care, Wellness & Medical, Advertising & Marketing. [View ThePlanetSoft profile ]
iMiMDesign™ Co. delivers specialized app development services focused on native iOS and Android app development. This mobile app development agency partners with businesses of all sizes, bringing expertise across the Education, On-demand, Consumer Products & Services industries. [View iMiMDesign™ Co. profile ]
Serving businesses across diverse Education, ECommerce, Financial Services, the app developers at Outrank Apps deliver expertise in the form of innovative products. They empower clients to achieve digital transformation by offering high-quality iOS and Android app development solutions. [View Outrank Apps profile ]
As a dedicated mobile app development agency, Maticz Technologies maintains a sharp focus on iOS and Android app development for businesses of all sizes. Their expertise is concentrated on providing tailored solutions to organizations within the Consumer Products & Services, Advertising & Marketing, Information Technology segments. [View Maticz Technologies profile ]
Genie Crawl provides comprehensive app development services to businesses of all sizes, helping them secure market presence. This mobile app development company specializes in robust iOS and Android app development for clients across ECommerce, Health Care, Wellness & Medical, Advertising & Marketing. [View Genie Crawl profile ]
Driven by efficiency and performance, Integrio Systems delivers full-cycle iOS and Android app development. Their app developers serve businesses of all sizes, solving the pain points of multiple industries like Construction & Engineering, Sports & Recreation, Information Technology, thanks to their strong technical expertise. [View Integrio Systems profile ]
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Buying Guide
The financial app market size is projected to reach $12.47 billion by 2034. Now, this huge market size for financial apps has become possible thanks to the race going on between banking mobile app developers to lead the digital transformation.
They’re making banking apps that power digital financial services. Moreover, their work spans mobile experiences, payment infrastructure, and connections between modern interfaces and legacy bank systems. Let’s look at some of their core app development services:
Cost Guide
App development costs in the banking industry depend on feature complexity and the agency's geographical location. Below is a breakdown of typical pricing across different project types and engagement models.
| Project Type | Price Range (USD) | Typical Timeline | What's Included |
|---|---|---|---|
| Basic Mobile Banking App | $50,000 - $120,000 | 3-5 months | Account dashboard, transaction history, fund transfers, bill pay, push notifications |
| Advanced Mobile Banking App | $120,000 - $250,000 | 5-8 months | All basic features plus card controls, budgeting tools, loan applications, and chatbot support |
| Digital Wallet Application | $80,000 - $180,000 | 4-6 months | NFC payments, card tokenization, QR codes, loyalty programs, peer-to-peer transfers |
| Loan Origination Platform | $100,000 - $300,000 | 6-9 months | Application workflow, credit scoring integration, document verification, approval automation, repayment tracking |
| Investment/Trading Platform | $150,000 - $400,000 | 6-10 months | Portfolio management, real-time trading, market data feeds, robo-advisory, tax reporting |
| Core Banking System | $500,000 - $2,000,000+ | 12-24+ months | Complete banking infrastructure, account management, transaction processing, compliance modules, multi-channel access |
| Company Type | Hourly Rate | Best For |
|---|---|---|
| Boutique Fintech Studios | $40 - $80 | Startups, MVPs, limited budgets, standard banking features |
| Mid-Tier Development Firms | $80 - $140 | Regional banks, custom features, moderate complexity, proven track record |
| Enterprise Development Agencies | $140 - $200+ | Large banks, regulatory compliance, legacy integration, dedicated teams |
Basic mobile banking apps start at $50,000 and go up to $120,000. Apps with advanced features like card controls and chatbots cost between $120,000 and $250,000. Additionally, digital wallets range from $80,000 to $180,000, and loan platforms need $100,000 to $300,000.
Simple mobile banking apps take 3 to 5 months to build. Apps with more features need 5 to 8 months. Digital wallets and loan origination platforms require 4 to 9 months of work. Moreover, full core banking systems require 12 to 24 months or longer.
You can ask for the following things before finally hiring a banking app development company:
Yes, most firms offer different support tiers. Basic support runs $5,000 to $12,000 each month for bug fixes and patches. Standard support costs $12,000 to $25,000 monthly and includes new features plus quarterly audits. Enterprise support starts at $25,000 monthly with full teams available around the clock for emergencies.
Boutique fintech studios bill $40 to $80 per hour and work well for startups needing standard features. Enterprise agencies cost $140 to $200+ per hour and handle large banks needing regulatory compliance, legacy connections, and dedicated staff.