Let's discuss your ideas and launch your dream project ASAP.
Tell us what challenge do you have to deal with
By clicking the button below, I agree with Terms of Privacy Policy. 
 

Fintech solutions for your business

Fintech apps, blockchain smart contracts, digital banking
Get a free consultation with our expert
We are happy to chat with you at WHATSAPP or TELEGRAM
Short description of your project
By clicking the button below, I agree with Terms of Privacy Policy. 
We can help you if you are interested in any of the related themes

Fintech applications

FinTech definition - provision of financial services using innovative technologies. Simply put, it includes software, applications, business models, and any other innovations that make relationships with money easier, faster, and more reliable.
In the last few years of the pandemic, we have witnessed increased popularity of the ideas of conscious consumption and financial literacy with the mass audience. The economic downturn and self-isolation highlighted the importance of having personal savings and remote access to financial services.
Previously, fintech was perceived only in terms of internal developments of financial organizations. Now it is as close to the consumer of financial services as possible because it is at the core of all online transactions - from money transfers to utility bills.
FinTech areas
Personal finance
Mobile and desktop applications that help individual users manage their finances, analyze expenses and obtain forecasts of future expenses in the form of detailed reports.
Payments
Fintech tools that provide access to basic financial services. Mobile Internet, smartphones, and progressive approaches to financial transactions grant access to financial payments even where there are no banking institutions.
Lending
It is one of the most popular areas based on the possibility of lending without the involvement of banks. Projects employing the distributed registry technology help lenders and borrowers from the consumer and business sectors benefit from profitable cooperation.
Money transfers
Projects that enable users to transfer money without the involvement of banks. They use mobile platforms and simple authentication in their operation.
Investment platforms
Also called Wealthtech. Include robo-advisors, digital brokers, micro-investment platforms and personal finance management software. They work to automate and make the marketplace accessible to retail investors.
B2B fintech
The area designed to address mutual payments and data exchange in business. It focuses on smart contracts based on the blockchain technology.
RegTech
It is one of the most beneficial areas for businesses, enabling them to automatically adapt to changes in legislation and market conditions.
Insuretech
Insurance that offers automated products: mobile applications, automation of payments, interaction in the Internet of Things, smart contracts.
Neo-banking
A neobank is a financial institution that operates exclusively online. It communicates with its clients and provides services without offices, branches or subsidiaries. These are banking services solutions, most of which are created as mobile applications that replace the services of classical banks. They are customer-oriented and do not need physical branches.
Blockchain and cryptocurrencies
These apply to the distributed data registry technology. Each member of its chain is its own server, confirming the legitimacy of other users' transactions. The technology is notable for its reliability, and all the cryptocurrencies are built on it. It is used for smart contracts, proof of copyright, biometric security, trading and transacting, energy distribution, and even voting.
Fintech's main advantage is that it can quickly fulfill its tasks and address needs with minimal effort from the user. Its benefits were not overlooked by giants, such as Google, Apple, Amazon and Facebook. They added fintech services to the list of their basic services: online wallets, messenger money, etc., thereby becoming fintech companies. Consumers who have grown up with digital devices in their hands will actively use products from fintech companies and fintech startups. Companies and financial institutions that are just looking at fintech solutions will have to accelerate with their introduction in the pursuit of profit and customer acceptance.
Fill in the form to get in touch
How to develop a fintech application?
Fintech applications are web or mobile applications related to financial services. These days, such applications are widespread because most financial services are rendered digitally, to increase their efficiency and speed of execution.
Types of Fintech apps:

  • Digital payments
  • Digital banking
  • Digital lending
  • Digital investing
  • Consumer lending
  • Crypto wallets
  • Crypto services

When determining the exact cost and time of development, it is better to identify detailed technical requirements first.
According to your demands and requirements, we will estimate the number of hours required for all stages of work and calculate the total cost.

Usually, the fintech app development process looks as follows:

  • Discovering the requirements
  • Creating the UX/UI prototype and userflow
  • Planning project architecture and estimate
  • Development
  • Internal testing
  • Delivery

A checklist for creating a fintech mobile service:

  • Analyzing personal customer data isn't enough - you need to know each user's behavior and unique needs. Hyper-personalization is needed here.
  • To make an app as user-friendly as possible, it's worth implementing a card linking function and considering the need to connect a quick payment system.
  • If the development budget is limited, abandon the development of one sophisticated app, but test hypotheses and develop several MVPs with simple functionality to highlight the features that are critical for users.
  • Entertain users with original options that improve comfort and delight the eye with a pleasing design, so that they want to return to the app and use it more often and for longer.
  • If there are heightened requirements for infobase, performance, and complex custom widgets, native custom development is worth prioritizing. If you need to quickly test hypotheses on different platforms, cross-platform.
  • Listen to the development team, understand their strengths and weaknesses, realize what tasks they can tackle, and do not squeeze. After all, developers, project managers, software architects, designers, and everyone else involved in fintech app development are the most responsible, and most motivated people, on whom the success of the entire digital side of things depends.

Blockchain and smart contracts

A blockchain is a database that is stored on a huge number of computers at the same time. The blockchain consists of a chain of sequential blocks, in which each subsequent block contains information (hash) about the previous one. Once recorded in the blockchain, information cannot be changed or deleted.

Smart contracts are simple programs that are stored in the blockchain and can be used to perform operations based on a single set of conditions. These are contracts that do not require a person to control their execution. It is an executable machine code that will work as it is programmed.
When we hear the word "blockchain," the first thing that comes to mind is cryptocurrencies, particularly Bitcoin. But in fact, the scope of the blockchain is much broader.The blockchain makes it possible to record any financial transactions quickly, cheaply, and efficiently, store transaction information, facilitate communication between partners, and serve many other important purposes.

The advantages of blockchain technology:

  • There is complete transparency. Because anyone in the network has a copy of the database on their computer and can view the information at any time.
  • Information cannot be deleted. Because in order to completely get rid of certain data, it is necessary to erase it from all computers at once.
  • Information cannot be changed. The technology is designed in such a way that it does not allow you to post-edit data.
  • The blockchain allows saving money. Thanks to the technology, there is no need for all sorts of intermediaries to accompany and record transactions.

How can the blockchain be applied in banking?

  • Making fast and cheap transfers. This is especially relevant for cross-border transfers and micropayments, where bank charges can be comparable to the amount of a transfer. At banks, such transactions take too long (up to 3-5 business days) and are quite expensive (starting at 1% of the amount). This is a huge expense globally. In cryptocurrency networks, transfers take a few minutes and cost much less.
  • Automating processes and processing transactions quickly. This allows cutting costs and reducing staffing. The blockchain makes it possible to get rid of complicated paperwork, because any transaction can be traced. The technology itself ensures that the data remains unchanged, and the human factor is eliminated. Blockchain-based projects have been introduced to lending, customer identification, and corporate finance.
  • Ensuring the immutability of transactions. It is impossible to make changes retroactively and falsify reports. The banking system is not transparent. The blockchain will make all transactions transparent and help build trust between all participants.

Using smart contracts instead of those traditional will protect all parties to a transaction, because money or other valuables will be escrowed during the execution of the contract and will be released only after all of the terms and conditions of the transaction laid down in the self-executing computer algorithm have been fulfilled.
Interview with Guy Maevsky - Legal Advisor at Guy Maevsky Legal and the crypto-consultant of HF-Solution. How legitimate are blockchain smart contracts, what rules regulate NFT trading and is there a future for decentralized systems.
How we can help apply the blockchain technology to your business
Smart contract solutions
We develop smart contract solutions that automate transactions, increase trust and prevent third-party authentication.
Check the case of insurance smart contract project.
Development of web wallets and cryptocurrency online-services
Development of electronic wallets that allow users to buy, store, and transfer amounts in various cryptocurrencies, as well as exchange one cryptocurrency for another within a single service.
Another option is the development of online services that allow storing, buying and transferring cryptocurrency without having to install a wallet on a device. In addition to standard transactions, they can be used to trade on exchanges, calculate commissions using built-in calculators, and make transactions with banks, online stores, and other payment services.

Check the case of bitcoin wallet app.
Blockchain-based projects
HF-Solution provides consulting and technical assistance in the development and implementation of blockchain solutions. No matter at what stage of the project you are, we are ready to share our experience and optimize your business processes. We help you choose the most appropriate blockchain technology from the industry leaders, as our skilled team can work with almost any technology stack.

Digital banking

The evolution of user behavior, the technological revolution, and increasing competition cause banks to become more efficient by rethinking the ways they do business and their customer service models. To be a digital bank is not only to simply provide financial products and services via online bank and mobile bank. It is also necessary to achieve full consistency of service channels and connect them in the omnichannel-based digital banking system.


Digital technology is increasingly replacing classic service and sales tools in all business areas. Being serviced via digital channels is no longer a whim, but a normal requirement of today's customers. People have become mobile and in most cases, communicate with their friends and colleagues, as well as with companies directly via apps, messengers and social networks. This means that banks that they trust to deal with their money and that they also want to "communicate" should not be an exception.

Online and mobile banking functions:

  • making transfers to other clients by phone number;
  • interaction with other banks' accounts and cards;
  • support of various electronic payment systems;
  • connection of bonus, cashback and savings system;
  • integration of systems to search for the nearest ATMs and POS;
  • display of an extended history of transactions, export of data and account statements;
  • introduction of contactless payment technology, etc.;
  • making or preparing payments by scanning props and barcodes with a camera;
  • voice control;
  • adding chatbots operating on the basis of artificial intelligence;
  • robo-adviser - a robotic advisor that helps users work with their finances.
Incorporating digital channels into banks' customer service system ensures a tangible economic impact and improves loyalty.

Check our digital banking solution with IBAN accounts.
How we can help to grow your fintech business
We develop fintech products and solutions for various businesses ranging from start-ups to traditional financial and non-financial companies.

Fintech services that we are ready to offer:

  • Custom development of fintech applications
  • Mobile application development
  • UX/UI and web design
  • Banking fintech and digital banking
  • Fintech payment solutions
  • Data Analysis
  • Fintech Consulting
  • Fintech team outstaffing
We are ready to help with any fintech-based project: from customization or refinement of an existing system to the creation of a completely new one from scratch. Our full-stack developers can become a part of your team and create a solution tailored to all your needs and tasks.

Our latest fintech projects


Who we are?

The HF-Solution team includes highly qualified software developers, BA, QA engineers, UX/UI designers, and software architects.
We have more than 300 professionals onboard. Each member of the team has at least five years of experience.
Since 2016

developing solutions for business
153 projects

successfully released and helped our clients to increase sales
10 percent

of projects are patented and are developed under strict NDAs
300+ professionals

to choose from for the needs of your project
What our clients say about us
MediaBrain is focused on media intelligence and examining databases of media consumption, gathering insights, dashboarding and creating planning and buying tools around that data. So before we started working with HF, we were prototyping and putting together software software products for one particular client. We wanted to scale that up to multiple clients, and we needed more engineering resources. So we approached HF to help us scale out that product and make it suitable for multiple clients. We needed additional resources. We needed to move very quickly, and HF were able to help us quickly locate and get started with a great team. HF were excellent in the way that they helped us to move. They gathered our requirements and then helped us to assemble a team of people with complementary skills. We were able to meet each person before they started and get to know them and to find out which kind of skills they had. So they were instrumental really in the early growth of our business. HF took it from an MVP to a fully fledged commercial offering. We've gone from one client to many. And HF have helped us manage that transition.
HF were one of two companies that we considered. HF were very proactive in the way that they approach the problem. They took ownership, really worked off their own bat. They just have a lot of enthusiasm. They're a very young team. They've got a lot of great skills. They were really a pleasure to work with.
Nick Ellis (MediaBrain Inc.)
HF were unique amongst the companies that we dealt with. They identified the issues that we needed to solve, and then they really took ownership and worked out the best practice approach to solving those problems and then worked very hard over a short space of time to build out the software requirements that were necessary for our business.
Fill in the form to get in touch