fintech app ideas

Top 7 Fintech App Ideas for Startups in 2021-22

The internet revolution has changed the way we transact and avail different services. Everything from banking to finance to insurance has been updated as per the changing customer priority.

A feature-rich Fintech application is one of the most demanding mobile app ideas for startups to consider in 2021. A Fintech app connects entrepreneurs/startups with investors in varying industries like software, healthcare, logistics, or infrastructure development, etc.

According to the Pitchbook, Fintech gained $1.1 billion from venture capital investors in 2009. In 2020, the investment total reached $44.1 billion. The number is expected to go higher in 2021 and beyond.

Fintech apps are a kind of payment application that enables users to receive and transfer money with minimum effort. If you are planning to make an exceptional Fintech app for your business startups, then this is a suitable time to go for it. 

In this article, we are going to share the best Fintech app ideas that will help to grow your business on a financial platform. Read till the end to get the highest returns on your investment.

Top Fintech App Ideas to Consider in 2021

1. Peer-to-Peer Money Transfer App

Peer-to-Peer Money transfer

If we talk about the present situation in the market, then investing in peer-to-peer money transfer apps is going to be the most excellent investment so far.

This is why people are using p2p payment apps to put their money in. Today a lot of economies around the globe are now becoming cashless and promoting the use of payment apps online transactions.

With the help of these applications, you can easily transfer or receive money using your smartphones through any bank account that is linked up with the app.

Here are some features money transfer application offers:

  • Transactions using OTP/unique ID
  • Transaction history
  • Send and receive money
  • Pay/split Bills and invoices
  • Balance check and account details
  • Real-time notifications and alerts
  • Chat facility

2. Investment and Trading App

Investment and Trading App

A trustworthy finance app can handle everyday financial tasks, shuffle money into investment accounts, and track spendings. That’s why a lot of people follow their accounts in real time that helps them learn about the markets and more. This is the revolution in the field of digital payments because it allows users the advantage of monitoring the bank accounts and automatically invests the spare cash in various resources.

So, it is important to reach out to Insurance app development company for investment and trading, to hold, sell and buy stocks, forex, cryptocurrencies, funds shares, and more. 

Following are some key features your Fintech app should be equipped in-

  • A complete update of the stock market
  • Purchase and sale of stocks, funds, forex, cryptocurrencies
  • Real-time alerts and notifications

3. Digital Banking Apps

Digital Banking Apps

Due to a huge number of customers, users are going to their mobile devices to do their banking because banks no longer have to support the responsibility for physical space. So almost all the banks are providing their mobile applications to allow customers to manage all the banking operations just with a few clicks.  Current time users are getting the several advantages of digital banking like making transactions, opening accounts and deposits, investing, adding beneficiaries, and many more with just clicks on their devices.

4. Insurance Apps

Insurance Apps

Insurance industries are getting challenges in incorporating digitalization and investing in app development for their businesses. This has come as a shock to everyone. Since the rise of digitalization, every sector is leaping to join the latest technologies in their businesses.

Best Insurance Mobile App Ideas help you to streamline your business operations.

So this is a strong recommendation to insurance companies to build an exceptional app from reputable insurance app development companies. Insuretech apps are more helpful for insurers to get real-time data and also help to manage risks effectively.

Fintech apps also gather the data and analyze them to provide customers with personalized offers, pricing, and recommendations. 

5. Personal Finance Apps or Money Saving Apps

Finance Apps

As you know, technology has transformed critical things into something simple for us. Booking a cab, ordering a meal, or getting a weather update is now one click away with a smart app. 

In the same way, there are various kinds of apps such as bank account management, financial planning, or personal financial management apps that help you to manage your money.

The main purpose to create a personal finance app is to manage private money, track spendings, and plan out a budget. These apps are also known as Money Saving apps because it enables the app users to borrow, lend, and even invest money.

Have a look upon the Benefits of Personal Money Management Apps-

  • Efficiently Organize Finances & Monthly Budget
  • Securely Manage Finance
  • Helps Make Sound Financial Decisions

6. Crypto Exchange Platform

Crypto Exchange

This type of fintech app idea facilitates the trading of cryptocurrencies for other assets, including digital and authorization currencies. In effect, cryptocurrency exchanges work as a mediator between a customer and a retailer and make money by commissions and transaction fees.

If you are looking for cryptocurrency exchange development services then you have to choose the right company to build a successful platform. Crypto exchange platform provides a great opportunity to step into the decentralized market for users. If users want to exchange their current cryptocurrency for another, they can use this platform. It means choosing various digital currencies and after that, you can exchange these currencies against foreign money. 

7. BlockChain Wallet Apps

Today Blockchain is one of the superior and most adopted technologies in the financial sector. Today,  we can see the tremendous growth of Blockchain technology and its applications. So many startups and entrepreneurs started to invest in Blockchain technology in more ways. 

In recent surveys, the community says that financial companies can save $12 billion in a year by adopting blockchain. 

A Blockchain wallet app allows you to buy and sell cryptocurrencies in a hassle-free manner. Most businesses, therefore, started to invest in blockchain app development by integrating advanced features. 


Looking for a reliable Fintech app development company to hire for your next Fintech project?

As a FinTech software development company, QSS Technosoft aims at leveraging its expertise in building feature-rich FinTech app solutions such as payment gateways, digital wallets, banking portals, insurance apps etc. With a decade experience in the field, we are known as one of the top FinTech consulting firms backed up by a team of 250+ engineers who have served global clients achieving 100% success rate.

Let’s connect for a quick free consultation about your project!

About Author:
Author Rashmi Kanti is a passionate content writer & a blogger having written numerous blogs for IT domain. Being into the Blogging world for the past 5 years, she is presently contributing technology loaded articles & blogs regularly to QSS Technosoft. Rashmi has a proficient knowledge of the latest market trends in the mobile & web applications and expresses herself a big technology geek.


Subscribe to our newsletter and stay updated

Top 7 Fintech App Ideas for Startups in 2021-22
Renovate unique Business Processes into Digitally Transformed solutions with QSS Technosoft!

Do you want to remove manual operations, acting as impediment to your business growth? Realize your ideas into reliable web and mobile software solutions with our professional services. Take first step to launch your project by filling the form.

Moving Arrow point to Contact Form