The evolving banking and financial sectors have an impact on the expanding use of FinTech. FinTech, the fusion of finance and technology, has enhanced the convenience of the ecosystem while driving forward modern reforms into customer priorities. With the advent of digital wallets and payment systems, financial transactions have become faster and more secure.

Therefore, it is undeniable that well-known FinTech apps have grown immensely popular. FinTech is the future, as many business experts have emphasized. The fintech sector has grown significantly over the past few decades and has established itself as one of the most promising industries.

According to (statista) the market’s largest segment will be Digital Payments with a total transaction value of US$1,765.00bn in 2022.

The average transaction value per user in the Alternative Financing segment is projected to amount to US$177.00k in 2022. The Neobanking segment is expected to show a revenue growth of 32.6% in 2023.

What is a FinTech App?

Fintech is an amalgamation of finance and technology. It offers benefits like updating and automating financial processes. At its core, FinTech helps business owners, companies & consumers manage their financial operations in a better manner. It is done by using specialized high-tech software and algorithms.

Today’s FinTech includes elements like education, fundraising, non-profit, investment management, retail banking, and more. It also has a more consumer-focused focus.

According to the EY’s most recent FinTech Adoption Index, more than one-third of consumers only use two or fewer FinTech services despite being fully aware of their benefits in daily life. Besides, FinTech also applies to the development and use of cryptocurrencies like Bitcoin.

Top FinTech App Ideas for FinTech Startups

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. 

Let’s see latest fintech app ideas-

1. Digital Banking

Digital banking is one of the top FinTech app startup ideas for 2022 because of the growing automation of transactions and traditional banking services. 

It provides access to a wide range of banking products and services, including the ability to open a bank or deposit account, add beneficiaries, manage EMIs, get account insights, manage multiple accounts, and more. With this mobile app, customers can manage all transactions from the comfort of their homes.

2. Peer-to-Peer Money Transfer App

Given that the majority of the current generation now uses online payments, a FinTech startup for peer-to-peer money transfers is not only a fantastic FinTech App development ideas but also a successful business. Peer-to-peer payment systems allow you to transfer money from your mobile device to the associated bank account. The system is also pressuring everyone to stop using cash.

Just a few of the features these money-transfer application offers are as follows:

  • OTP or unique ID-based transactions
  • Send and receive money
  • Split bills and invoices
  • Check transaction history
  • Check the accumulative account balance
  • Change bank details
  • Get real-time notifications and alerts
  • Utilize the chat feature

3. Cryptocurrency Exchanges

A high-yielding application idea for FinTech startups is the exchange of cryptocurrencies. It makes it easier to trade cryptocurrencies, primarily digital and legal currencies, like you would other assets. By acting as a go-between for a retailer and a customer, it makes money off of transaction fees or commissions.

Users have a great opportunity to participate in the decentralised market thanks to the platform. It can be challenging to build a cryptocurrency exchange app. So, after talking about the price of developing an app for a FinTech startup, choose the appropriate services. Bitfinex, Coinbase, Binance, and Fundsbarter are a few of the most popular cryptocurrency exchange platforms.

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4. Crowdfunding Solutions


This virtual ecosystem is one of the many suggestions for FinTech startups where people can raise money for any organization or individual cause. 

The funds that have been donated can be gathered to launch a new project. The Covid-19 pandemic is when the crowdfunding platform really took off. It is also anticipated to expand at an extremely rapid rate in the upcoming years.

The crowdfunding app offers tremendous opportunities for FinTech startups. In 2030, the market is anticipated to increase to $300 billion. A solid marketing plan that makes use of the crowdfunding app can also assist your company in achieving long-term success.

5. RegTech Apps

As a Fintech startup app development idea, RegTech solutions help companies comply with regulatory requirements on time. It is one of the most lucrative FinTech apps to create, despite the fact that most people think it is an underrated app for startups.

It can assist businesses in automating tasks like transaction reporting, report compilation, and customer identification. Startups can use a RegTech platform to manage enormous amounts of complex data, which can then be processed through Big Data analysis. By doing this, you can concentrate more on the areas that require improvement.

6. Insurance Apps

The intersection of insurance and financial technologies is where tech companies with insurance products, or “Insurtechs,” come into play. The prevailing notion among FinTech founders is that the insurance component is ready to be updated. This app allows users to submit applications for various insurance policies, make online premium payments, locate suitable pricing models, and more.

7. Money-Saving Apps

Every startup should use personal finance management strategies to plan the budget, manage user money, track savings, and keep track of spending. This concept is noteworthy for a FinTech startup due to all of these factors.

You can develop two different types of money-saving apps for a FinTech startup. One is the Habit Tracker, which can be used to analyze your spending habits in great detail. The other is the Budget Planner, which enables users to set spending limits and plan out their upcoming expenses.

Also Read- Top Finance App Ideas for Startups

8. Trading & Investing Apps

As more people get involved in the investing culture, the creation of a FinTech investing app is a significant FinTech startup app idea. Using this, you can trade in stocks and commodities.

The provider of custom software development services will develop this distinctive platform to enable timely monitoring of investment returns, rates of return, and profit margins. As a result, having a mobile app for trading and investing means that your startup will be able to benefit from the growth in this sector.

9. E-Wallets

The E-wallet is one of the most popular FinTech startup ideas. Every e-commerce store has integrated digital payment methods because they make it easier for customers to make payments. Through direct financial transfers between the seller and the buyer, e-Wallets like PayPal have become extremely popular.

Customers can now make purchases without using cash or credit cards thanks to Amazon Pay, another sizable wallet. Therefore, one of the main arguments in favor of incorporating E-Wallets into FinTech startups is the convenience they provide.

10. Loan Lending Applications

Finally, these FinTech applications support new businesses and alleviate the biggest customer complaints. It frequently becomes challenging for the lender and borrower to physically meet and talk about prices.

A loan application can easily match the borrower with the best lender. They can look through the list of lenders interested in a project and get in touch with them for more information. As a key beneficiary of the funding, you can bargain loan terms here.


The development of FinTech mobile apps will be the key to persuading investors as the global economy changes, luring major industry players to make sizable investments in FinTech startups. The concept of FinTech apps Additionally, startups are redefining how existing businesses operate.

FinTech apps are a top choice for launching your own company because they can lower development and maintenance costs while enhancing business development, market research, customer engagement, and sales opportunities. Additionally, the apps promise continued growth and improved business ROI over time.

Turn your fintech app ideas in to a successful business.

Hire best fintech app development company, I recommend you to hire “Quytech” a fitness app development company, they can consult you regarding your project because as I found in their portfolio, they have developed many good fintech applications on latest technologies.