The covid-19 pandemic has disturbed every business realm and has created new paths of business opportunities. Hence, many people are looking for innovative fintech app ideas for their startup. In this article, we have explained 5 start-up fintech mobile application ideas that you can use while developing. All these 5 ideas are absolutely based on market research and looking over to the user’s requirements.
5 Fintech App Development Ideas for Your Start-Up
- Crypto Trading App
From our view, the crypto trading app is one of the best finance start-up ideas to work on. Crypto trading platforms are providing investors with an opportunity to set up into the decentralised market by trading cryptocurrencies for other assets such as digital currencies. That means it will allow investors to exchange one currency for another to attain cryptocurrency tokens in return for fiat money. Users also can sell and buy Crypto coins. You can enjoy features such as transparency, no charges, top-level security and a quicker processing system. All in all, making a crypto trading app can be a game-changing fintech startup.
- P2P Payment Solutions
Peer-to-Peer payment applications have been working for a long time and have established to be a secure and trustworthy channel of making transactions safely. Users will not found any mediator on this app or any third party website to ensure fund deposit. You can develop these applications by using advanced level technology like biometrical system, face recognition, NFC and more to make sure transparent and streamlined transactions. Users can think of building such an app to earn profits.
- Lending App
The loan lending app is aimed at building a bridge between users who get loans and loan lenders. Users can make contact and complete their loan-related needs. Additionally, this software can give lenders a feature to reach more people and lend money at a better interest.
- Regtech App
Regtech app is yet another best application idea for fintech startups. This application will assist financial companies to automate processes such as gathering reports, verification of customer identity, submitting reports, data compilation, transactions etc. The application is known as the emerging trend in the finance department and is projected to reach the US $53 billion by 2021. So, we highly recommend it as your best fintech research mobile application idea as it is an absolutely worthwhile option.
- Blockchain App
According to our fintech research team, Blockchain App is emerging by leaps and bounds, users are using cryptocurrencies to perform online transactions. Hence, developing a Blockchain App that helps people to transact using crypto can be a profitable option for your fintech startup.
There are many applications that are already working in the market includes Been, LAToken, Circle, and PayStand. If you are planning to do fintech research to develop this kind of app, you can go through already existing apps in the market to understand their business structure.
According to our fintech research, the finance industry is flourishing at an unprecedented level, because of the innovations of technologies such as Crypto trading, Blockchain App, lending app and more. Now mobile apps are being used for transactions, investing, and other finance-related tasks.
If you want to enjoy all these features with a feature-rich, robust and reliable fintech app, then read the 5 best ideas explained in this article.