Fintech is the driving force behind the entire finance world, stimulating the adoption of new technology. All this is accelerated by high competition among fintech companies making new services appear like mushrooms after rain. Heather Cox, Citi’s Chief Client Experience, Digital, and Marketing Officer, said back in 2015: “People need banking, but they don’t necessarily need banks.” The increasing demand needs to be satisfied, so no surprise the landscape is changing with the growing number of customer-friendly services, while banks are forced to do everything possible to retain customers as it is challenging for them to compete with the startups’ lightweight, precision, tech efficiency, and talents.

So what should a fintech startup take from this? Launching a project, a new company should pay a great deal of attention to the software provider. If you want to keep up with the industry, you need to make tons of changes in your platform, add services, more accessibility, flexibility, and relevance. This is where the wrong software choice can cost you considerably.

But how do you make the right choice at the very start? You can get a reliable assessment of your software choice simply by doing a check against a number of criteria. This article will give a run down on what to keep in mind.

Fintech software development: what to keep in mind

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Fintech software development: what to keep in mind

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