

Now let’s talk about how to make a mobile banking app that everyone will fancy. We hope we’ve convinced you that a mobile app is a must-have for your financial business. Source: The fundamentals of creating a fintech app

Just imagine, it’s one-third of your clients!

The market is full of solutions for any business needs – personal funds management, mobile banking, crypto trading, and investing.Īpp features are becoming more and more sophisticated and, who knows, maybe in the nearest future the digital-only entities will replace traditional banking business. Statista reports that in the US, 48% of respondents aged 18-24 use mobile bankings apps at least once a week while 24% of people in their thirties do it a few times a month. In Great Britain alone, the share of individuals using online and mobile banking on a regular basis has tripled over the last 10 years.

Today all this is available with a tap of your finger - in your favourite FinTech app. A decade ago you would go to a bank branch and wait in the queue to make basic transactions - paying bills, transferring money, or depositing your funds.Ĭomplex deals like investing money or signing insurance contracts would take weeks or months. Financial technology solutions have greatly simplified our lives in many aspects.
