Software Development Blog (8)

The banking industry is evolving with innovative financial solutions aimed at improving the customer experience while delivering benefits to stakeholders. An example of such a solution is open banking, which is quickly taking over the financial sector. With the introduction of Open Banking, the financial industry entered a new era. It has posed a challenge to the old systems while providing numerous benefits to the various parties involved, including businesses, consumers, banks, and financial institutions.

Financial Technology has a lot to offer when it comes to high-level financial optimization, advanced analytics and forecasting. Mobile app development is a particularly fertile FinTech niche to invest in.

Nowadays, financial technology is becoming more and more popular and sought after. It is estimated that by 2024, global revenues from the FinTech sector will reach EUR 188 billion. Among other things, this is one of the main reasons why it is worth creating your own financial application and getting involved in the market.

The FinTech sector, despite economic and regulatory challenges, is constantly growing in market value. Newly emerging financial technology companies and startups are introducing new, progressive solutions to the financial industry, mainly for this reason.

Since you are here, you probably have your own idea for a business, and all you need is not only advanced technology, but above all, a talented development team!

In this article, we will show you how to build the right team who maximize productivity of your project and make your FinTech product successful and high quality!