Quick Overview
This blog outlines the top 10 global fintech software development companies for 2024 after carefully analyzing critical criteria like technical expertise, industry experience, client reviews, and market leadership. It features the leading companies driving fintech innovation through cutting-edge products and solutions. Read on for insights into the top 10 companies shaping the future of fintech software development based on their outstanding performance across several parameters.
The fintech industry is booming like never before. As per recent reports, global fintech software spending is expected to be worth USD 514.9 billion by 2028, growing at a CAGR of 25.18% from 2023 to 2028.
This meteoric rise has fueled huge investments in fintech solutions and services. Leading software development companies are pushing boundaries with innovative fintech products, from digital payments to regtech and insurtech.
To help fintech leaders and innovators partner with the right technology experts for their following breakthrough product, we have shortlisted the top 10 fintech software development companies to watch out for in 2024.
After extensive research and comparisons across crucial parameters like technical expertise, industry experience, talent pool, clientele, market reach, and more, we narrowed down on the fintech software leaders in 2024, poised to dominate the market.
Leverage expertise from the best Fintech software developers for unparalleled innovation and success.
So, without further ado, read on to find the cream of the crop that will drive the next wave of disruption through path-breaking fintech solutions.
Whether you want to upgrade legacy systems or build AI-powered solutions from the ground up, you will find the ideal strategic partner here!
Criteria for Selection
Selecting the top fintech software providers for 2024 required thorough research and analysis across multiple parameters vital for any technology services partnership.
We evaluated companies based on the following fintech software trends 2024 that highlight must-haves for future-ready solutions:
- Technical Excellence: Proven expertise across emerging tech – AI/ML, blockchain, big data, and core web and app development skills.
- Domain Experience: Experience building innovative solutions for banking, insurance, trading, and other financial sectors.
- Talent & Skills: Quality, depth, and diversity of the talent pool, spanning roles like designers, developers, data scientists, and domain experts. Also, training programs.
- Clientele & Reviews: Market leadership highlighted by marquee clients, user testimonials, and ratings.
- R&D Investments: Commitment to research, partnerships, and IP development for cutting-edge fintech capabilities.
- Scalability & Support: Capabilities around security, cloud, infrastructure, and 24/7 production support.
Companies that excelled across these parameters were selected as the fintech software leaders in 2024. Read on to find in-depth profiles of the top fintech software development companies poised to shape the future.
Leading Fintech Software Development Companies for 2024
The top 10 companies listed here stand out for their technical excellence, domain expertise, and proven track record in developing innovative fintech solutions.
These trusted and versatile partners have the strategic vision and capabilities to bring cutting-edge ideas to life.
Discover the Fintech development journey of your dreams with this list of top 10.
Let’s explore the fintech leaders poised to transform the future of finance.
1. PixelCrayons
Founded: 2004
Employees: 250 – 999
Avg. hourly rate: < $25 / hr
Location: Noida, India
Rating: 4.9
Major Clients: Vodafone, puma, ebay, hp, next, Blacks, Kraft foods, DEBENHAMS, BOLS, Qatar Airways
Services Offered: Mobile App Development, Web Development, Custom Software Development, Blockchain, E-Commerce Development, CRM Consulting and SI
With a focus on fintech solution development, PixelCrayons leads with deep domain knowledge spanning banking, capital markets, insurance, and regulatory ecosystems. Their systemic risk management platform and Robo-advisory solutions have won global recognition, including the prestigious Asset Triple A Award.
PixelCrayons offers a balanced blend of technical skills across cloud, analytics, blockchain, and conversational AI and certified domain expertise in areas like actuarial analysis. They best suit emerging fintech developers looking to get quality solutions to market faster without large team overhead.
The company has invested in R&D labs recently focused on API systems, microservices, and other benefits of AI and ML in fintech. With design thinking-backed agile delivery models, PixelCrayons promises faster MVP and prototyping bandwidth vital for lean startups. Their strong Eastern European presence also makes nearshore collaborations seamless.
2. ValueCoders
Founded: 2004
Employees: 250 – 999
Avg. hourly rate: < $25 / hr
Location: Gurugram, India
Rating: 5.0
Major Clients: Capgemini, SelectSpecs, Estel, Candor, Novea, Grundfos, ZenQ, Dubai Police, RiskLogic, Track Opinion, Affle, Rina, Tekion, BlueLane, EventDo, UNESCO, The Mueller Healthcare Foundation, Jackson Healthcare, Infosys, Eatigo, Spinny, Avizva, PTW, enel, Reuters, Crescent Group
Services Offered: Mobile App Development, E-Commerce Development, Blockchain, Custom Software Development, IT Staff Augmentation, Social Media Marketing
Our next pick, ValueCoders, draws upon a strong pool of 675+ fintech experts to deliver solutions blending deep technology and domain capabilities. Their offerings span core banking modernization, wealth management platforms, insurance portals, as well as emerging areas like blockchain, RPA, and IoT integration.
A leading analyst firm highlighted ValueCoders as a Major Contender in key areas like architectural agility, customer satisfaction, and reliability. Long-term partnerships with banks like HSBC and innovators like PolicyBazaar validate their versatility across the needs of established institutions and emerging fintech developers.
With five global delivery centers and extensive technology partnerships, ValueCoders, Fintech software leaders has the expertise and infrastructure vital for complex implementations. We specifically recommend exploring their capabilities around the benefits of AI and ML in fintech for readers interested in building intelligent solutions to unlock game-changing productivity and decision-making.
Leverage ValueCoders' in-house risk and regulations team to navigate challenges.
3. Praxent
Founded: 2000
Employees: 50 – 249
Avg. hourly rate: $50 – $99 / hr
Location: Austin, TX
Rating: 4.8
Major 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
Services Offered: Custom Software Development, Mobile App Development, UX/UI Design
Praxent tops our list of fintech software leaders 2024 thanks to its 250+ member strong team dedicated just to fintech solution development. Over the last 15 years, Praxent has partnered with leading BFSI players like Merrill Lynch, Societe Generale, and Santander for award-winning innovations.
Praxent has the technical breadth to drive digital transformation through AI-based solutions, blockchain platforms, and robust web, mobile, and analytics implementations. Their recent partnership with a leading investment bank for an automated FinTech software development platform won accolades at the 2023 Fintech Breakthrough Awards.
The company has invested significantly in fintech-focused CoEs, IP solutions, and security certifications vital for the highly regulated space. With a 95% client retention rate, Praxent delivers the right blend of cutting-edge technology skills, deep domain expertise, and scalable engagement models required to stay ahead in the hyper-competitive fintech arena. We recommend Praxent as the top choice for financial institutions and top fintech app developers planning the next big disruption.
4. Saritasa
Founded: 2005
Employees: 50 – 249
Avg. hourly rate: $100 – $149 / hr
Location: Newport Beach, CA
Rating: 4.8
Major 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
Services Offered: Custom Software Development, AR/VR Development, E-Commerce Development, Mobile App Development, Web Development
Saritasa wins applause for its technically complex fintech implementations spanning blockchain platforms, AI-based smart tools, and intuitive mobile apps. Their solutions have delivered stellar outcomes, including 20% increase in customer acquisitions and 40% improvement in portfolio manager productivity for leading banking clients.
Unlike most technology providers, Saritasa combines a strong pool of certified fintech experts and in-house CGMAs, CPAs, and lawyers to facilitate better solution envisioning. Their recent Applied AI Labs initiative also aims to expand expertise into emerging areas like MLops, generative AI, and quantum machine learning.
Saritasa promises extensive bandwidth through dedicated pods across Eastern European and Latin American centers for startups looking to build cutting-edge fintech solutions and scale faster. Specifically, readers keen to explore innovations around Fintech trends in mobile app development can benefit from Saritasa’s design and UX-driven approach.
5. Kindgeek
Founded: 2013
Employees: 50 – 249
Avg. hourly rate: $50 – $99 / hr
Location: L’viv, Ukraine
Rating: 4.8
Major Clients: University of Basel, Telefonica, Puls, TradeShift, Hive Social, Innovid, Lehrermarktplatz, Place B, UBA, Unique Digital Cinema, TUI, Grafter, HyperJar, Comigo, Asoko Insight, Detaljen, SoPost, Altva, SeeknSpeak, CCA, GongBox, Designmodo, The Interface Financial Group
Services Offered: Mobile App Development, Web Development, Custom Software Development
Ukraine-based Kindgeek has entered our list of top FinTech software development companies thanks to its 180+ FinTech specialists delivering solutions for Tier 1 banking and financial services clients across North America and Europe.
Kindgeek has been among the first movers to invest in dedicated Robotics Process Automation capabilities, including computer vision integration to enable advanced process mining and discovery features.
Their recent rollout of the Ready Steady Fintech accelerator program also promises startup-friendly engagement models aligned with the needs of emerging players.
With ISO certifications around quality and information security, Kindgeek has the technical maturity and domain grounding to drive large-scale transformation. As a reliable Eastern European partner for many of the best fintech technology firms over the last decade, you can use Kindgeek’s expertise to navigate regulatory complexities and plan flexible capacity.
6. SpellSystems
Founded: 2019
Employees: 2 – 9
Avg. hourly rate: $50 – $99 / hr
Location: Dubai, United Arab Emirates
Rating: 5.0
Major Clients: Small Business, Midmarket, Enterprise
Services Offered: Custom Software Development, Blockchain, AI Development, BI & Big Data Consulting & SI, Enterprise App Modernization, Mobile App Development
With a track record of over 500 fintech projects executed, SpellSystems is a seasoned player known for solutions that blend reliability and innovation.
Their technical capabilities around open banking APIs, microservices, and cloud engineering have helped leading BFSI players embrace new-age ecosystem models.
An area where SpellSystems stands out is the use of low-code platforms for rapid prototyping and aligned visualization capabilities for workshop-driven solutions. Supported by robust information security frameworks, SpellSystems can seamlessly scale as a trusted technology partner across stages.
For startups looking for an end-to-end player in areas like KYC automation, personalized wealth management, and other emerging spaces, explore SpellSystems.
With design studio alignment plus expertise around multi-experience FinTech cross-platform app development, SpellSystems promises to fast-track your ambition of joining the ranks of 2024 fintech software leaders.
Craft future-ready solutions with our Fintech experts. Drive innovation for lasting success.
7. Ailleron
Founded: 2007
Employees: 1,000 – 9,999
Avg. hourly rate: $50 – $99 / hr
Location: Kraków, Poland
Rating: 4.9
Major Clients: Enterprise, Midmarket
Services Offered: Custom Software Development, Mobile App Development, AI Development, UX/UI Design
With a 95% recommendation rate from past clients, Ailleron delivers some of the most inventive fintech solutions in areas like neobanking experiences and automated credit underwriting platforms.
Their portfolio of next-generation offerings helped leading financial services players transform legacy platforms into agile ecosystems leveraging data and AI.
Validating such innovation-led transformation capabilities, Ailleron has been consistently featured as a top experience-focused technology partner by industry analysts.
Ailleron promises clear value in their rapid prototyping-led approach supported by solution accelerators. If you are exploring Fintech solutions comparison during early discovery stages, leverage Ailleron’s design excellence to visualize superior end-user journeys.
For startups specifically looking to enable digital financial management capabilities, Ailleron can fast-track minimal viable product development.
8. TechMagic
Founded: 2014
Employees: 250 – 999
Avg. hourly rate: $50 – $99 / hr
Location: Kraków, Poland
Rating: 4.8
Major Clients: eType Care, TIDE, Elements, Good & Co
Services Offered: Custom Software Development, Web Development, Blockchain, Cloud Consulting & SI, Cybersecurity, IT Staff Augmentation
TechMagic makes it to our list of leading fintech software 2024 thanks to its 180+ member specialized team that brings together domain expertise, design excellence, and complete stack engineering skills.
Their track record includes marquee implementations for Tier 1 banks and unicorn fintech disruptors across the Americas and Europe.
Areas where TechMagic shines include its focus on crafting superior next-generation experiences spanning consumer apps, advisor portals, and blockchain platforms. The company has invested heavily in expanding capabilities into emerging areas like intelligent automation and ML analytics.
TechMagic is among Fintech software leaders that promises extensive support through its network of investors, mentors, and banking partners for startups keen to validate and launch innovative finance mobile application ideas.
With robust information security frameworks, you can trust TechMagic as your long-term technology ally equipped to scale as you expand into new markets.
9. MojoTech
Founded: 2008
Employees: 50 – 249
Avg. hourly rate: $150 – $199 / hr
Location: Providence, RI
Rating: 5.0
Major Clients: Aetna, Amica, Angi, Blue Cross Blue Shield, Credit Karma, Dow Jones, Fiserv, MoneyLion, Schneider Electric, Send Grid, Shell, Under Armour, United Way
Services Offered: AI Consulting, Custom Software Development, Enterprise App Modernization, Financial Consulting, AI Development, Mobile App Development
With a track record across 150+ fintech projects, MojoTech distinguished itself through specialization in areas like stock trading apps, payment technologies, and digital lending platforms.
Their technical capabilities around real-time data, mobility, and security have made them a preferred partner for leading banks and unicorn startups.
MojoTech further wins merit for their investments into dedicated Visual Design, User Research, and Product Strategy teams comprised of cross-functional experts.
This allows them to take a more holistic approach right from the discovery stages. For startups keen to validate ideas around disruptive models like digital banks and decentralized finance, MojoTech promises robust design sprint support.
As an award-winning custom engineering partner behind many leading fintech software 2024 providers, MojoTech has the versatility to scale along diverse needs from ideas to exit.
10. Scalefocus
Founded: 2012
Employees: 250 – 999
Avg. hourly rate: $50 – $99 / hr
Location: София, Bulgaria
Rating: 4.9
Major Clients: Curaden, Lufthansa Technik, Munich Leukemia Laboratory, Cubic Telecom, HP, Link Mobility, TerraQuest, Colonnade Insurance
Services Offered: Custom Software Development, Mobile App Development, Web Development, IT Staff Augmentation, Application Testing, Cloud Consulting & SI
With six global delivery centers and over 20 years of experience, Fintech software leaders, Scalefocus brings together technical breadth, domain depth, and the ability to scale complex programs.
Their 1000+ strong team has successfully modernized legacy platforms of banks like ING while also building award-winning solutions for disruptors like Currencycloud and Raisin.
As a full-service partner, Scalefocus highlights needs from envisioning to launching and managing new platforms. Their recent investments into dedicated Quantum Computing labs also showcase their commitment to expanding expertise into the most bleeding edge Fintech software trends in 2024. For startups keen to leverage such capabilities for a competitive edge, Scalefocus promises aligned engagement models.
With robust information security certifications and recognition from top analyst firms, Scalefocus qualifies among our list’s most reliable top banking & financial software companies. Their experience straddling both worlds brings unique perspectives to combine innovation with commercial viability.
Write your success story with these top-rated Fintech software development companies.
Conclusion
The fintech revolution brings immense opportunities and challenges in keeping pace with lightning-fast changes. Having the right technology partner by your side can make all the difference in turning ideas into trailblazing products before competitors.
As highlighted in our analysis of fintech software leaders 2024 across parameters like technical excellence, domain capabilities, talent pool, and track record, the companies profiled above stand out from thousands of vendors worldwide. Key takeaways include:
- Versatile skills and accelerators to fast-track MVP build and testing
- Design and engineering bandwidth for superior next-gen experiences
- Robust information security and compliance frameworks
- Global delivery capabilities to scale seamlessly
To discuss your unique needs and how the right strategic partner listed here can turbocharge your ambitions, contact our experts at ValueCoders. Or explore our award-winning fintech app development solutions at ValueCoders. The future of financial services is all about teamwork. Let’s start building together!
