Software for FinTech Companies
Baaz builds FinTech software for global clients—payments, lending, risk, and compliance-aware platforms—with product engineering since 2018.
FinTech software development is the process of building secure, compliant, and scalable applications for the financial services industry — including digital banking, payments processing, lending platforms, wealth management tools, and regulatory reporting systems.
FinTech runs on trust and speed. We build software that handles real money and real users—secure, scalable, and built for the way regulators and ops teams actually work. From core banking and payments to lending and wealth tech, we've helped startups and enterprises ship products that don't break under load.
ERP & operations: Industry-specific ERP implementations — including ERP for Banking Companies.
Why FinTech teams work with us
We've built systems that process transactions, manage risk, and stay compliant. We understand both the product side and the technical constraints: strong auth, audit trails, performance under load. We deliver in phases so you can iterate with real users and regulators—no over-promising on timelines.
Launching something new or modernising legacy? We work as an extension of your team. Clear communication, transparent pricing, and code you own and maintain.
What we build for FinTech
Custom software for payments, lending, core banking modules, and internal tools. We integrate with existing cores and third-party APIs, and build dashboards and workflows that ops and compliance teams actually use.
Exploring AI for fraud detection, automation, or customer support? We scope, build, and deploy in a way that fits your risk and compliance framework.
Frequently Asked Questions
A FinTech software development company builds digital products for financial services — payment processing systems, digital banking platforms, lending applications, wealth management tools, and compliance dashboards. They handle the unique requirements of financial software: regulatory compliance, data encryption, transaction security, and high-availability architecture.
FinTech software development typically costs $75,000–$500,000+. A payments MVP runs $75,000–$150,000. A full digital banking platform with compliance, multi-currency, and integrations can exceed $300,000–$500,000. Costs are higher than general software due to security requirements, regulatory compliance, and the need for extensive testing and audit trails.
FinTech software must comply with regulations like PCI DSS (payment card data), SOC 2 (security controls), GDPR/CCPA (data privacy), KYC/AML (identity verification), and jurisdiction-specific banking regulations. At Baaz, we build compliance into the architecture from day one — encryption at rest and in transit, audit logging, and role-based access controls.
A FinTech MVP takes 12–20 weeks. A production-ready platform with compliance, integrations, and multi-role access takes 6–12 months. Timeline depends heavily on regulatory requirements and third-party API integrations (core banking, payment processors, identity verification providers). We phase delivery so you can go to market faster with a focused first release.
Modern FinTech products typically use React or Next.js for frontend, Node.js or Python for backend, PostgreSQL for databases, and AWS or GCP for cloud infrastructure. Security-critical components use encryption libraries, HSMs (Hardware Security Modules), and services like Plaid, Stripe, or Open Banking APIs for integrations.
AI is increasingly essential in FinTech. Common applications include fraud detection (reducing false positives by 50–70%), credit scoring (alternative data models), customer support chatbots, anti-money laundering (AML) screening, and personalised financial recommendations. At Baaz, we've built AI-powered fraud detection and risk scoring systems for FinTech clients.
Ready to build something amazing?
We'd love to hear about your idea, product, or challenge. Whether you're a startup, scale-up, or enterprise, we're here to turn your vision into a powerful digital product.