The fintech market is already worth £15.9 billion in 2023, and you can grab a share of this lucrative industry by developing a top-class app for consumers.
But when you create a fintech app, what features should you integrate to ensure your application is a success? If you can provide customers with an app that has all the key aspects they need, you could earn a considerable income from your application.
Here are some of the most important features to include in your fintech app.
Security Measures
Consumers are increasingly aware of falling victim to cybercrime. Understandably, they will want to know that their finances and personal data are safe when using your fintech app.
To provide a secure service, you can integrate a trusted payment gateway such as PayPal’s Payflow. It’s also possible to include advanced features such as biometric scanning and blockchain integration for added security.
It’s also critical to use systems that will be updated when new cyber threats emerge. This is only one of the reasons why you should work with Builder.ai.
Create a Fintech App That Has Personalised Features
Hyper-personalisation isn’t something that is optional if your app is to win over consumers. People now demand a customised experience, and they will look elsewhere if you can’t provide them with multiple options.
While this may seem complex, Builder.ai makes it effortless to design a platform that users can amend according to their individual needs. For example, you can offer customisable dashboards. You can also use software that sends alerts for specific actions such as reaching a savings goal.
Financial Tools
Mobile banking is a convenient option for modern consumers. No matter where someone is in the world, they can view their financial details on their phone or tablet in seconds as long as they have an internet connection.
To enhance this experience, your app should provide tools such as advanced reporting features. This could include details on spending trends, or progress that a user is making toward reaching a financial target.
This will help people manage their finances, making your app an important tool that they will be happy to pay to use each month. As time goes on, you can also ask for customer feedback. You can then add more reporting features if there is high consumer demand.
Work With Fintech App Specialists at Builder.ai
You no longer need to have any technological knowledge to create a fintech app. At Builder.ai, we’ve opened up a world of possibilities for entrepreneurs who have a great idea for an app but aren’t familiar with the tech side of developing an application.
