How Much Does it Cost to Build a Fintech App? [2025 Guide]

FinTech is in an evolutionary phase, leveraging the latest technologies for customer convenience. This emerging sector mainly utilizes technologies such as blockchain and artificial intelligence, which entirely shift consumer user behaviour in many fintech apps, such as banking apps, payment apps, personal financial apps, digital wallet apps, insurance apps, and investment and trading apps.

According to Fortune Business Insights, an analysis of the global fintech market size is 394.88 billion in 2025, to reach 1,126.64 billion by the end of 2032. By analyzing this data, replicating the future scope of the FinTech industry is propelling exponential growth across various industries worldwide. Suppose you have any plans to develop your own FinTech app for your business; before deciding to consider the integral cost for developing a FinTech app for various industries.

How Much Does it Cost to Build a FinTech App?

There is no fixed price range for developing a FinTech mobile app. Indeed, it’s completely based on the specific business needs, which include various factors like type, features, location of the development team, functionality, and assigned time frame.

If you’re looking for a basic customized FinTech app for your business, the price range is $20,000 to $300,000. You can get a simple expense tracker app or a feature-rich, advanced digital banking app. Again, this cost differentiation is based on your app's complexity, development team, and platforms like Android, iOS, and cross-platform.

If you are considering a reliable FinTech app development company that meets your unique demands, inquire about a detailed quote that outlines the scope, timeline, costs, and resource allocation.

Cost Estimate for Different Kinds of FinTech Apps

As of the above, the highlighted cost range is an overview. These cost ranges vary based on the selection of features and functionalities. If you want to know the different segments of FinTech apps by category, then here’s your view.

Let’s see the regional-based cost estimation for FinTech app development.

1. In the United States, the average hourly rate for developing a FinTech app is around $50, which is the highest price range in FinTech app development. Overall, 63 days taking the project around the cost is $82,500.

2. From Eastern Europe, the average hourly rate is $40 per hour, making the similar variant of the project cost around $60,000.

3. In India, like other Asian countries, you‘ll get affordable hourly rates for Fitech app development from $25 per hour. Again, the same variant of the project will develop it takes $37,500.

These regional discrepancies can offer a chance for a cost-effective solution without any quality compromise. This strategy is an ideal one for startups.

What are the Factors Influencing FinTech App Development Costs?

Several elements should be considered in the variability in FinTech app development costs. Here is the breakdown of points.

Type of App

The app's functionality and utility determine the development costs. For instance, if you’re selecting a personal finance app that offers fundamental features such as expense tracking and a digital banking platform, on the other hand, if you opt for a digital banking app that needs various account management tools and payment processing protocols. This will be the major role play for interfering with choosing your Fintech app cost for your business.

App Complexity and Features

The major portion of the cost is taken out for setting up your app features, especially for your desired FinTech app. Some of the must-have features that should come into your app include an admin panel, a user dashboard, card management, payment protocols, KYC, multi-factor authentication, financial tracking, and a management dashboard. 

However, you should include advanced features like AI-driven investment advice, API integration, AI/ML for fraud detection, blockchain integration, investment portfolios, multi-currency support, cryptocurrency trading, or real-time credit score tracking. That increases your development cost and time.

App Platform

Opt for single-platform-based apps in Android or iOS; it takes a lesser amount of time. While you opt for cross-platform development, it requires more developers and app compatibility, and it leads to more costs.

Regulatory Security and Compliance

FinTech applications require a high level of security compliance to handle users’ sensitive data in terms of implementing data encryption and compliance with legal regulatory laws like GDPR and CCPA. This can take 20-30% for legal regulatory constraints and extra development efforts. These add layers of complexity and cost to both development and ongoing maintenance.

Development Team Location and Size

Typically, the Developer's location influences the app development cost because of the varied cost of living standards. Although, if you choose an app development company for developing a Fintech app, it takes a higher cost than choosing freelancers.

How will Appticz help with your FinTech Mobile Application Development?

The actual cost will depend on your specific requirements and goals, based on the various factors. We specify all breakdown points for developing your FinTech app for your business goals. We hope this blog will be helpful for you in making a business decision. If you’re looking to develop an on-demand fintech platform, then Appticz is the right on-demand app development services solution provider for your business needs. Our FinTech experts are ready to meet the entrepreneur's business goals and handle app security challenges. Approach our FinTech experts, they will provide detailed information for the development strategy and costs.