- Forum posts: 1
Mar 19, 2024, 5:30:29 AM via Website
Mar 19, 2024 5:30:29 AM via Website
The cost of your fintech app depends on several key ingredients:
App Complexity: Simple money management apps will cost less than
complex investment platforms with features like real-time trading.Development Team: Hiring in-house developers is typically more
expensive than outsourcing to freelance or development companiesPlatform: Building for both iOS and Android adds to the cost
compared to a single platform
Here's a ballpark range:
Basic FinTech App: $20,000 - $50,000
Medium Complexity: $50,000 - $100,000+
Advanced FinTech App: $100,000+
Beyond development: Factor in ongoing costs like server maintenance, security measures, and potential compliance fees.
For a more precise estimate:
- Define your app's features and complexity.
- Research development team options based on your budget.
- Consider tools or platforms that streamline development