Sunday 20 June 2021

App Ideas To Kickstart Your Fintech Startup

 Financial applications are practical tools among people, because they feel easy to make payments, send / receive money, payments without contact, expenditure management, and more. Thus, having the development of Fintech & startup with amazing application ideas can allow you to capture the market and allow you to achieve the current success.


Wonder various types of financial applications that you can launch to start your startup business? Let's look at a glance.

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# 1. P2P payment application.

There is a large meaning in the practice of transferring peer-to-peer money in recent years. The market growth chart is booming at a constant speed and looking forward to developing the P2P money transfer application that can produce the biggest hit.

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Indeed, the famous application of this space is Venmo, Zelle, Paypal, and Google Play. However, there is still room for applications that are faster and safer. Actually, this application has their own regional limits when it comes to money transfers.

While providing consumers with extraordinary facilities between bank holders instantly, they cut the need for third-party intervention or paying commission fees for transactions. You can make the process more advanced and safe by instilling features such as biometric technology, and transfers that support sound, and blockchain integration.

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Set aside everything, the P2P Money Transfer application is one of the best financial application ideas that allow people to make money transfers without limits and free commissions. For any clarity on the concept, you can connect with the financial software development company to guide your course.

# 2. Loan and credit applications

Don't you want to get your loan approved with just a few simple clicks on your mobile screen? Loan and financial application ideas take it into the image. Application that allows users to get loans is the extraordinary concept of startup in the Fintech market.

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It also functions as a medium for P2P loan applications between lenders and borrowers. On this platform, both lenders and borrowers can connect and meet the needs of each other without the interaction or third party authority for a loan.

In addition, it also avoids the need to use any financial bank or institution to do credit. In addition, credit and loan applications allow borrowers to set loan level limits, and also, they can bid with lenders at the interest rate. Isn't that a revolutionary idea to prevent the need for intermediaries and bank authorities in loan and credit systems?


In addition, borrowers can take personal loans, home loans, car loans, business loans, and many of the lenders that can be trusted at low interest rates.


# 3. Trade & Investment application

Looking for application development for investment and trade and launching it on a broad spectrum can make you enjoy the center of attention on the market.

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At present, users bombard large longing to use platforms that allow them to obtain comprehensive knowledge about stocks, funds, shares, forex, and other available investment options. In addition, they also appreciate applications that let them invest efficiently.


In addition, they tend to be in the direction of applications that collect investment data from various sources and enable them to calculate asset assessments and appropriate investment decisions. Do you not like stock trading and applications like Forex? Take food to think about.


Considering all this, you will decide to invest in the development of trade and investment shares. In fact, you need a clear picture of the budget needed, because the lack of budget can stop your project. In addition, you must have complete knowledge of finance and stock before investing.

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# 4. Blockchain application

Blockchain has a spectacular impact on Fintech, and is considering millions of dollars in technology in the Fintech market because of security and anonymity in transactions. Thus, embracing Blockchain for Startup Fintech is one of the most admirable financial application ideas.

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