The BFSI (Banking, Financial Services, and Insurance) sector is experiencing digital upheavals, which have changed how this industry operates.


In the modern era, all banking, finance, and insurance tasks are managed online in a matter of seconds with only a few clicks or taps on smart devices. The ease with which all BFSI-related tasks may be completed has increased the demand for applications in this industry. Looking for fintech app development services? Get in touch with the experts.


Fintech App Development Services

P2P Lending Applications

A brand-new idea for P2P financing has emerged due to the rapid adoption of paperless transactions ( Peer to peer). To connect investors and borrowers in a simple interface where they may deal with one another, our skilled FinTech app developers build P2P lending applications. With our fintech app development services, you may acquire up-to-date, bug-free apps that facilitate instantaneous lending and easy exchange of required amounts.

Custom Accounting App Development

API programming and integrations, AIS architecture, bookkeeping app development, and other services are all part of Markovate’s custom accounting application development offerings. Online accounting software and AIS architectures are designed by our developers and integrated with financial management software like ERP, CRM, asset tracking, vendor management, and others.

Custom Tax Preparation Software Development

We support the preparation, computation, and reporting of personal and business taxes with our tailored tax preparation software solutions. Our team builds data entry tax forms for 1040, 1040A, 1040EZ, 1041, 1099, 1065, 1120, and many others, integrated to transmit data to servers and enable real-time data validation. Create tax-calculator apps with features like predicting refunds in any jurisdiction and verifying tax deductions and exemptions.

Insurance App Development

Our insurance application provides success-driven insurance automation to assist insurance companies in gaining momentum and increasing production. With our fintech app development services, we implement multi-carrier quoting, insurance premium computation, underwriting algorithms, and qualitative risk assessment modules within a complex quotation engine. Additionally, we create cross-platform & hybrid mobile apps that let users manage insurance policies, report/submit claims, and start, suspend, and end coverage.

Portfolio Management Software Development

From risk analysis and investments to stock trading apps and fund management, our portfolio management software solutions cover it all on a single platform. We create PM dashboards that include asset management tools, ticker symbol databases, trade algorithms, tools for analyzing past data, and more. Standard investment files QIF, OFX, QFX, and CSV, are supported, along with accounts from TD Ameritrade, Vanguard, and other significant brokerages. The program also includes data entry forms and tools for these files.

Get started with fintech app development with Markovate

We are trusted by various premium brands including Walmart, FedEx, Dell and Trapeze.

Our Fintech App Development End-To-End Process


Creating a fintech app begins with a thorough investigation of your company. Our analysts will carefully examine your present issues to determine how and what technologies can assist you in resolving them as quickly as feasible. As a result, you will receive the software requirements, project plan, and roadmap.

Workshops & preparation

The planning process begins here. We have prepared a session of workshops based on your needs to assist you in selecting the optimal product strategy, defining your vision, or selecting the app’s look and feel. We put up a focused team to ensure your Idea succeeds, whether you want to concentrate on user experience and interface, technical intricacies, or the strategy aspect. Our team spends additional time reviewing the technical requirements and looking for any roadblocks. By the end of this phase, we will have developed the fundamental project documentation, obtained the product wireframes, and gathered the development requirements.

Design & development

The details of this phase may change depending on the solution you select, but the Essence is always apparent. Now is the period when we start creating your product. Typically, this is where we set up your app’s backend architecture, finish designing it, and develop your solution. The scope and complexity of the app determine how long this phase will last.


Because these apps need to be highly secure, scalable, and user-friendly, developing fintech online and mobile apps involve sophisticated quality assurance and testing. As a result, we offer all varieties of manual and automated testing, use SonarQube, and carry out frequent code reviews and cross-reviews. A testing plan and pre-established KPIs are agreed upon in the early phases of a project.


Deployment takes place on the client end through client-side initiatives. However, we will examine your environment for any gaps or technological issues. You will receive a list of suggestions for resolving any before the deployment date if there are any.

Working with Markovate

We have worked with Markovate for more than a year to build our enterprise product design and prototype. We worked closely with the team, and they were always on top of their deliverables. They are very professional in their processes and have always suggested the best solutions for our product development. Highly recommended.

Anil Wasney

Director of Technology, FedEx

“Markovate quickly adapted to the new project. They have upgraded our hybrid application with a variety of new features to give customers the leverage to access particular services. Their focus on detail and commitment is crucial to the success of our project.”

Woto Nyomba

Technology Expert, Manulife Global

Markovate has always stood out due to its consistently high professionalism and customer support standards. They have helped us build multiple products in the past. We recommend them to anyone looking for product development.

Moe Ali

Founder & CEO, Product Faculty

In every sense, working with Markovate has been amazing. The experience and outcomes were excellent from conception to creation and throughout the complete evolution phase. They ensure that every project they undertake receives the best possible attention and enthusiasm. We are grateful that we could find Markovate to assist us because our mobile application met our expectations.

Michael Lavry

VP, Dell Technologies

Industries We Serve

Fintech App Development – FAQs

What are the top 3 features people would love to see in a FinTech mobile app?

Three essential features for fintech apps that boost user interaction are:

  • Cross-Platform Capabilities.
  • Data Visualization.
  • Millennial-specific Content
What competitive advantages do fintech apps have against digital banking apps?

The financial industry is driven by fintech to become more intelligent and agile, enabling it to create more rapid procedures. The transition from traditional to digital banking allows customers to access financial services online using their laptops or mobile devices.

How do you ensure security of fintech apps?

As a well-established fintech app development company, we completely understand the importance of app security during development, more so when it comes to mobile financial solutions. We thoroughly embed security protection in each aspect of the app development. Hence, we have a well-proven process to ensure security. These are the areas we mainly focus on as well as maintain consistently:

  1. Secure Infrastructure
  2. App logic security
  3. Secure code
  4. API security
  5. Identification, authentication, and authorization
  6. Data encryption techniques.

Finally, our team rigorously performs tests to ensure that your app is completely protected. If you want to know more about our security measures for your fintech app particularly, contact us.

Get started in 4 simple steps

We collaborate with you to develop a product that meets your needs and objectives. Let's talk about how we can make your digital product a reality.



We will send a signed NDA before the initial discussion to protect your product idea.


Scope of Work

On a 30-minute ZOOM call, we will go over the scope of the project and discuss project requirements.


Dev Contract

We will send a comprehensive contract with details on project technology, process, cost, time, etc.

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Initiate Project

Upon mutual acceptance, we will create the sprints and kickoff the project.

Let’s Build Something Together

After you get in touch with us, our technology consultant
will set up a Zoom call to discuss about your ideas.