Sommo is a top-rated software development company that delivers fintech apps using low-code, no-code, and AI to save you time and money.
During the initial phase of creating a fintech app, known as the discovery stage, we establish the critical groundwork to ensure that the upcoming development process aligns with the client's business objectives, user preferences, and regulatory standards.
3-5 weeks
Problem definition, goal setting, feasibility study, data assessment, technology and tools selection, stakeholder engagement, risk analysis, resource planning, regulatory and ethical considerations, project roadmap creation.
Project manager, UX designer
While developing a fintech app, the UI/UX phase focuses on crafting and enhancing the application's design to make it user-friendly, interactive, and effective. This step plays a vital role in shaping a product that caters to the unique requirements of its users while delivering a smooth and delightful user experience.
3-5 weeks
Defining the app architecture, data strategy design, user experience (ux) design, prototyping, model design, integration planning, security and compliance design, documentation
Project manager, UX designer
The phase where the conceptual and design groundwork is translated into a functional fintech app. This stage involves the actual coding, building, and iterative refinement of the software.
It's a phase where the plans and prototypes created during the design stage are turned into a working product.
4+ weeks
Data preparation and processing, software development, integration and interoperability, iterative refinement, deployment preparation, security measures, documentation.
Project manager, developer
During the maintenance phase of developing a fintech application, it is essential to continuously monitor, update, and enhance the app following its initial launch. This phase plays a vital role in keeping the app operational, secure, and valuable to its users in the long run.
ongoing
Monitoring and performance evaluation, updating, data management, bug fixes and issue resolution, security updates, adapting to new requirements, documentation updates
Project manager, developer
Sommo specializes in developing, deploying, and maintaining software for finance, banking, and insurance sectors, crafting systems of varying complexity.
Sommo designs a wide range of fintech applications to enhance operational efficiency, improve customer service, ensure security and compliance with financial regulations, and support the digital transformation of banking services.
We develop fintech applications enabling secure, convenient, and fast payment processes for consumers and businesses - from simple mobile payment apps to complex payment processing systems and digital wallets.
This type of fintech software aims to streamline the process of making informed financial decisions, tracking investments, analyzing market trends, and optimizing asset allocation to achieve specific financial goals.
Developing lending apps, we incorporate new features like artificial intelligence (AI) for credit scoring, blockchain for secure transactions, and machine learning for personalized financial advice, further transforming the lending landscape.
We build enriched web and mobile fintech applications fast thanks to a combination of no-code and coding expertise. Here are the most popular tools we use.
Explore implementing Schema Markup in Webflow using JSON-LD and Microdata for structured data, and ensure accuracy with the Schema Markup Validator to improve search rankings and achieve rich snippets for your site.
Are you an experienced leader looking to launch your own app? Dive into innovative ideas and get inspired to start your journey.
Sommo excels in crafting innovative fintech applications, drawing on our wealth of experience in financial software development to deliver user-focused solutions tailored to the ever-evolving demands of the financial sector.
Our approach to developing fintech software strongly emphasizes security, incorporating cutting-edge encryption techniques, role-based access management, and compliance with global financial regulations to safeguard sensitive information and transactions.
Sommo boasts proficiency in developing diverse fintech applications, ranging from mobile payment solutions and wealth management platforms to banking software and customized ERP systems equipped with integrated Big Data analytics capabilities.
Indeed. As a full-fledged financial software development firm, Sommo offers end-to-end services encompassing the entire product lifecycle – from conceptualization and design through development, testing, and deployment – ensuring a smooth and effective process.
Absolutely. Our expertise in fintech app development extends to seamless integration with pre-existing financial systems, enhancing operational efficiency while delivering a cohesive user experience.
The timeframe for development can vary depending on the complexity and specific needs of the project. Sommo follows an agile development approach, typically assembling a dedicated team to have your fintech app up and running within a few months.
Regarding scalability and performance in fintech app development, Sommo focuses on employing scalable architectures and conducting comprehensive load testing to guarantee that our apps function reliably under different loads, supporting business growth and user demand.
What sets Sommo apart in fintech software development is our blend of industry expertise with technical know-how in developing fintech applications. We provide innovative, secure, and scalable solutions customized to meet the unique requirements of the financial sector.
To safeguard client data during the fintech app development process, Sommo strictly adheres to data security protocols by signing NDAs and following ISO standards for data protection. This ensures the confidentiality and integrity of client information throughout the entire development journey.
Don't like forms? Book a call with the team!
Your submission has been received!
We’ll be in touch soon. In the meantime, learn more about How to choose the best no-code agency 👉
on Trustpilot, Clutch, Awwwards
100+ projects on time
by 50+ partners worldwide