Fintech Software Development Services

Fintech Software Development Services

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Revolutionizing Finance & Banking With AI

Are you a finTech business, looking to radically disrupt the way consumers are managing finances and transactions? We build tech-first digital solutions that simplify managing finances, save money and grow wealth. Building FinTech solutions demands speed, precision, scalability, and security at every level. 

 

We bring the experience of building peer-to-peer lending platforms, stock trading apps, digital wallets, investment tools, and blockchain-enabled solutions. We apply design thinking to solve business problems, modernize existing products or create a new product. 

Our tech stack includes AWS and Azure for scalability, Hyperledger Blockchain for transaction security, and TensorFlow for real-time fraud detection. RegTech platforms automate compliance, while MuleSoft ensures smooth integration across systems.

AI ML

We deliver FinTech software that solves problems and drives tangible business results.

100%

Secure Transactions

60%

Reduction in
fraud incidents.

2x

 Faster Payments & Transactions

Building Smarter FinTech starts here

Let’s simplify it for you.

Codewave's Services to Drive Your Fintech Initiative to Success

From cardless payments to AI-powered fraud detection, the industry is seeing incredible innovation. Blockchain, digital wallets, and seamless integrations are no longer just trends—they’re the new standard.

We apply design thinking to deeply sense user needs, align on your business goals and come up with viable solutions that can be built with the latest technology. Our discovery  workshops include Vision alignment, User research, User persona development & journey mapping, Business KPI mapping and Technology selection. 

We largely use Flutter to develop cross-platform apps that work seamlessly across devices, while Node.js and Python create secure and scalable backends. MuleSoft handles system integration, ensuring everything functions smoothly without disruptions.

Hyperledger Blockchain keeps transactions secure, while TensorFlow works in the background to detect and prevent fraud in real time. We perform automation testing, and take a Test Driven Development approach to engineering. We also test with tools like Selenium and Appium, ensuring the app runs smoothly on any device or platform.

Financial system fraud doesn’t just cost money—it erodes Brand trust. Traditional detection methods miss emerging fraud tactics and leave your platform vulnerable to costly breaches.

We implement fraud detection through IBM Watson AI to analyze transaction behavior patterns and H2O.ai to build predictive models. These technologies monitor millions of transactions in real time, flagging unusual activities before they escalate. SAS Fraud Management evaluates potential threats for advanced risk scoring, ensuring your platform stays resilient against emerging risks.

For example, in a peer-to-peer lending platform, AI-powered tools can automatically flag fraudulent loan applications by analyzing patterns in user data, ensuring only legitimate requests are submitted.

Traditional lending comes with slow approvals, high risks, and transparency issues. A P2P lending platform offers instant approvals, secure transactions, and a transparent process for borrowers and lenders.

We use AI-powered credit scoring to assess borrower profiles quickly, reduce approval time and risk. Stripe and PayPal ensure  secure transactions with reliable payment gateways. Built on AWS Cloud, the platform scales efficiently during high demand. Auth0 handles identity verification, and keeps the system safe and compliant.

For example, a borrower applies for a loan and gets quick approval. The system processes the transaction securely, and the loan is quickly disbursed to the borrower’s account.

People want quick access to their money, but many digital wallets make transactions slow, risky, or difficult to use. These problems create frustration for users.

We build digital wallets that address these issues to ensure fast, accurate, and secure transactions. We use Flutter to build cross-platform apps for smooth performance on both iOS and Android. We implement tokenization and multi-factor authentication (MFA) to keep transactions secure. AWS Cloud powers scalability on the backend, and Plaid APIs enable secure connections to financial institutions.

For instance, a digital wallet allows users to split bills with friends or transfer money instantly while providing real-time notifications for every transaction.

Managing crypto assets involves high volatility, complex tracking, and constant regulatory changes. Without the right system, it’s easy to miss critical opportunities or mismanage assets.

We help businesses manage crypto portfolios with real-time monitoring, secure transactions, and regulatory compliance. We ensure blockchain technology secures transactions and is transparent. AI algorithms predict market trends, and cloud-based platforms provide scalability for handling large volumes of crypto assets.

For example, a company can track its crypto investments in real-time, make fast transactions, and receive alerts on market changes, all while ensuring compliance with evolving regulations. This helps reduce risks, make informed decisions, and protect assets.

Take control of your finances! Finance management apps make it easy to see where your money goes, to set budgets, and save for goals.

We build apps using React Native that work smoothly on any device. Plaid APIs connect the app to bank accounts and show real-time balances and transactions. With AWS, the app stays fast and reliable, even with thousands of users. D3.js creates clear and straightforward visuals from your spending data, which makes it easy to track finances. 

For example, a user can see their monthly spending, get alerts when they’re approaching budget limits, and view expenses and analyse spend patterns.

Manual identity verification slows down onboarding and increases errors. A robust KYC platform simplifies the process, ensuring faster and more secure compliance with regulatory requirements.

We build KYC platforms using Jumio AI and machine learning to verify customer identities and reduce errors. Acuant connects to global databases and runs real-time checks to maintain compliance with AML and GDPR. IDology helps spot fraud during verification, and iProov makes biometric authentication simple and secure.

For example, when a new user registers, the system verifies their identity instantly, checks their details against global databases, and confirms their identity with biometric scans—all in real time and fully compliant.

Keeping up with changing regulations is time-consuming and costly. Manual compliance processes lead to errors, missed deadlines, and hefty penalties. A regulatory compliance solution automates these tasks and makes your business stay compliant effortlessly.

RegTech platforms automates reporting and monitoring transactions in real time to flag irregularities like high-value transfers or payments routed through blacklisted countries. LexisNexis tools update your systems with the latest regulations, while AI algorithms analyze data to detect compliance risks before they escalate.

For instance, When a payment is made across borders, the system automatically checks for compliance with the latest regulations.

Every second counts in fintech. Manual tasks slow things down, cost money, and increase the chance of errors. Process automation fixes this by speeding up tasks–data entry, transaction monitoring, and regulatory compliance using RPA (Robotic Process Automation) and AI tools. Tasks are reduced by up to 80% with RPA, freeing your team to focus on more important work. Cloud systems scale seamlessly to handle growing needs, keeping everything smooth and fast.

For example, in a lending business, sending EMI reminders and collecting money needn’t be a manual task. The entire collections process can be automated, with systemic checks and realtime updates.

 

The Future of Finance Awaits. Let’s Discuss Your Vision.

 

The Roadmap to Scalable, Secure FinTech Solutions

Vision Alignment: 3Ws and a H

Every successful product starts with a clear purpose (Why, Who, What, How). We begin by understanding your goals—why should your product exist, who will use it, what problems it will solve and how? This step ensures everyone is aligned on the vision and purpose of your project before we take the first step.

User Empathy

To design something users love, we need to understand them first. We conduct extensive user research (interviews, surveys and contextual inquiries), create detailed personas that represent your audience and map out their journey. Where might they face challenges? What do they expect? We ensure the design is intuitive and addresses real needs.

UX Strategy

A product isn’t just about functionality—it’s about experience. This step is where we make our experience design more strategic - to meet business outcomes. Businesses often expect faster onboarding, greater engagement and repeat usage. Gamification techniques like unpredictable rewards or thoughtful nudges can make interactions motivating.

Business Impact

A great product isn’t just delightful for users; but it’s business-friendly too. We define clear goals – and success criteria for your business. We align on your success metrics (like onboarding time, adoption, engagement, daily active users etc), and ensure our designs make your business succeed. Every feature is tied back to these goals, so the product delivers measurable results. This includes mapping key performance indicators (KPIs) to track progress.

Brand Identity

FinTech products need a memorable Brand identity, a brand persona that connects and communicates engagingly with your consumers. We ensure your product reflects your brand’s credibility through its design. From professional color palettes, brand mascots to sleek, modern interfaces, every element communicates trust and innovation. Your brand identity is key to building user confidence in services like online banking or peer-to-peer lending.

Build, Launch, Test

We take an agile, iterative approach to go from Idea to Prototype to MVP and continuously enhance the Product. After launching, we continue refining and improving the product based on real user feedback, ensuring it evolves with your needs. We use analytics tools like Mixpanel, Moengage, Hotjar & Fullstory to understand how users are actually using the product, compared to how we intended them to use it. We learn from user feedback and continuously improve the experience.

Building Smarter FinTech starts here

Let Codewave Show You How

The Technology Driving Modern FinTech

Technology

Purpose

Flutter

Building cross-platform apps for iOS and Android with seamless performance.

React Native

Developing consistent, responsive mobile and web applications.

Hyperledger Blockchain

Ensuring secure, tamper-proof financial transactions.

AWS Cloud

Providing scalable and reliable cloud infrastructure for high-volume systems.

Azure

Offering secure and flexible cloud-based solutions.

Selenium

Automating software testing to maintain high-quality performance.

Appium

Testing mobile app functionality across multiple devices.

MuleSoft

Integrating systems for seamless data flow and connectivity.

LexisNexis

Staying compliant with global financial regulations.

Power BI

Visualizing financial data for actionable insights.

Plaid APIs

Connecting securely to financial institutions for real-time data access.

H2O.ai

Using machine learning for predictive analytics and fraud detection.

IBM Watson AI

Analyzing transaction behavior patterns and improving user insights.



Clients Don’t Just Trust Us—they Tell the World Why

The trust our clients place in us speaks volumes. From startups to global enterprises, businesses turn to Codewave to create FinTech solutions that drive real, measurable results.

From startups to global enterprises, businesses rely on Codewave to build FinTech solutions that deliver measurable results.

View our portfolio!

We transform companies!

Codewave is an award-winning company that transforms businesses by generating ideas, building products, and accelerating growth.

Frequently asked questions

We focus on user needs by researching pain points and behaviors. Using design thinking, we ideate, prototype, and test solutions, iterating based on feedback. This ensures our fintech products are not just technologically advanced but intuitive, user-friendly, and meet real user needs.

We implement strong encryption, multi-factor authentication, and regular security audits. Our team stays updated on regulations like GDPR, PSD2, and AML, ensuring compliance throughout development. We also offer ongoing compliance monitoring to adapt to evolving financial regulations.

Timelines vary depending on complexity. A simple MVP may take 3-4 months, while more complex platforms may take 6-12 months. Costs range from $50,000 to $500,000+, depending on scope. After an initial consultation, we can give a more tailored estimate.

We ensure seamless integration by creating custom APIs and connectors for smooth data flow between your fintech solution and existing systems. Our microservices-based approach ensures scalability and ease of future integrations and updates.

We offer 24/7 support, regular security updates, performance monitoring, and ongoing feature enhancements. Our support packages are flexible, offering both short-term and long-term options, ensuring your solution stays secure, optimized, and compliant as it grows.

We design fintech solutions using microservices and cloud-based architectures. This ensures your platform can easily scale as your business grows, handling increased user demand, data volume, and transaction load without compromising performance.

Yes, we ensure your solution complies with relevant regulations in multiple regions. From GDPR to local banking laws, we build solutions with built-in compliance checks and continuous monitoring, keeping your system aligned with evolving international standards.

We leverage leading technologies like AWS, Azure, Node.js, React, Blockchain, and AI/ML to build secure, efficient, and scalable fintech solutions. These tools help us create robust applications that meet your specific business and regulatory needs.

Absolutely. We have extensive experience integrating fintech software with banking systems, payment gateways, and third-party services. Our custom APIs and secure protocols ensure smooth data flow and seamless communication between your software and external financial systems.

We prioritize data encryption, secure cloud infrastructure, and comprehensive privacy policies. Our solutions are built to meet strict standards, ensuring user data remains safe from breaches while complying with regulations like GDPR and PCI-DSS.

The Future of Finance Awaits. Let's Discuss Your Vision.

Ride the waves of Change.

What excites us is ‘Change’. We love watching our customer’s business transform after coming in touch with us.