To begin with, Fintech is a new technology that has been designed to enhance the user’s experience and help business and consumers with their financial transactions.The word fintech is a combination of financial and technology and is very easy to use and secure which as been evolved to help many different businesses.
Top Fintech App ideas for 2021
Blockchain Wallet Apps
Today, blockchain is one of the most superior technologies and there has been a tremendous growth in blockchain industry thus, people have started investing in it. A blockchain wallet allows to buy or sell cryptocurrency in a simple and secure manner.
Due to the rise of digitalisation, every sector is trying to join their hands with the latest technology in their business. Insurance mobile apps helps to streamline business operations in a simplified manner and get real time data and manage risk effectively. So, it’s a strong recommendation to insurance companies to build an app from best fintech app development company. Moreover, Fintech apps also gather the data and analyze them to provide customers with personalized offers, pricing, and recommendations.
Digital Banking apps
As the number of customers using banks are increasing, therefore users tend to prefer mobile banking sitting at their homes. Almost all the banks allow to customers to manage the transactions with just few clicks.These all apps are using the fintech technology to serve the needs of the customers.
Let’s consider a situation, where we are relaxing and playing games but we really don’t want to get up and look for debit/ credit cards or login and mess up with various net banking services. So, the introduction of Fintech has really improved the scenario because of which it has changed the way people use their services.
Since 2020, Fintech games have redefined the gaming industry. Over the years, the technology has also revolutionised the gaming industry and with this a new thing has evolved known as fintech games has been introduced.Fintech is making it’s way into the gaming industry and has come a long way. Of course the gamers are aware that how this technology will benefit them so, it is being embraced through gaming community and is being accessed on a much larger scale.
Now let’s discuss the best fintech apps that are that are doing well and making it easier for the users to make payments:
This apps current value is approximately $1 billion and provides it’s users with access to loans and financial advice. It provides effective and efficient online banking service . It provides 12% cash-back rewards to users on every purchase and can also track the credit score.
It’s current value is $140 million and is one of the most successful fintech apps when it is about collecting user’s accounts and transactions. It also provide notification service and reminds the users about the bill payments and offers advice on spending patterns. It has a secured signup facility and manages bill and balances.
It is a free stock trading app which allows the users to purchase or sell public or private shares. This app has it’s own clearing system and doesn’t charge any commission for investment in stocks,cryptocurrencies etc.
Nowadays,the most trending technology in the fintech industry is Blockchain and users are helped to navigate blockchain and cryptocurrency world. This app buys and sell popular currencies and keeps a track of them. It manages the portfolio and provides with online and mobile wallet services.
This apps current value is $14.5 billion and allows users to manage their spendings and savings without hid-ding any transactions.It provides efficient online banking services with over 25000 fee free money pass ATM’s.
It allows the user to transfer the money instantly and focuses on saving money by automatically deducting 10% of the paycheck and deposit in the saving account.
After going through the best fintech apps, I assume that you must have made your mind to launch your own fintech application and We at Game App Studio can help in creating an app for you. In case you have any query related to cost, application, development of fintech apps, get in touch with Game App Studio’s team.