Top 10 Fintech App Development Companies in India

Fintech in India is evolving at a rapid pace, restructuring money management, payments, investments, and access to financial services. As digital finance continues to grow, the demand for powerful applications that are both secure and user-friendly is on the rise. Whether you’re an emerging startup looking to disrupt the market or an established bank undergoing digital transformation, having the right technology partner is critical.  

According to recent fintech statistics, the rise in digital adoption has led to increased demand for innovative solutions that are also legally compliant. Choosing the right fintech app development company is important to ensure that your platform is fully compliant with all local norms. 

Here we have handpicked 10 tech leaders from fintech app development companies in India that are innovating businesses, working on scalable solutions, and helping organizations modernize their financial services with cutting-edge technology.

Criteria For Selecting Top Fintech App Development Companies

Verified Client Reviews

We considered original client reviews from trusted sources such as Google, which helps to understand what real clients have to say. This helps to evaluate their communication, quality of work, and post-launch support. Therefore, genuine feedback from clients is important for identifying the best fintech app developers.

Reputation of Top IT Directories

We check top tech directories such as Clutch, GoodFirms, and others for reviews and ratings from verified clients who have used their services. We assessed each company’s profile to check their reputation, project history, and reliability. These help to determine the best fintech app development company with verified client reviews.

Industry Certifications for Fintech Companies

Certification shows that a company has the skills to develop a fintech application. We considered fintech firms that hold relevant certifications like ISO 27001 or those that have received awards. These prove that they are good at what they do and are recognized in the industry.

Compliance with legal frameworks

We select companies that show a deep knowledge of global and local regulatory standards. This includes knowledge of PCI DSS across secure payment processing, GDPR related to personal data privacy, and AML guidelines related to financial clarity. 

Additionally, we ensured these companies have expertise in RBI (Reserve Bank of India) guidelines that cover digital payments, KYC standards, and data localization norms in India.

Industry Experience

We prioritized companies that have spent several years working specifically in the fintech domain. These companies have proved their capability of building highly secure applications following industry best practices, including encryption, secure API access, authentication systems, and real-time fraud detection mechanisms to safeguard financial data, and were the ones chosen.

Freelance Platform Presence

While company websites and portfolios are the primary source of information, we also considered the presence and performance of companies on platforms like Upwork or Freelancer. High ratings, repeat clients, and a strong record for completing successful fintech projects, these platforms showcase companies’ credibility, flexibility, and worldwide demand.

Technical Skills & Expertise

Lastly, we analyzed the expertise of developers in the companies, especially in technologies like machine learning, generative AI, NLP, and SaaS. Highly skilled developers ensure scalable fintech applications tailored to modern digital finance.

10 Best Fintech App Development Companies in India

1. Citrusbug Technolabs

Citrusbug Technolabs is a leading provider of fintech solutions, specializing in integrating the power of AI to develop a secure and efficient application.

They hold years of experience in digital wallet applications, payment gateways, accounting software, and bank software development. Their AI-driven approach allows fintech apps to develop personalized views, enhance working methods, and adapt to market trends quickly.

What makes them unique is their client-centric approach and agile procedures. Being the top fintech app development company, they work in close cooperation with clients, understanding their vision, challenges, and goals, so that they can deliver a tailor-made solution.

Google rating- 4.5

Clutch rating- 4.7

Awards- Goodfirms, Clutch, Upwork

Founded Year- 2013

Hourly Rate- $25 – $49 

Location- Ahmedabad, India

2. Tanθ Software Studio

Tanθ Software Studios excels at developing core banking software. Their product builder has a flexible interface that allows users to build and customize different bank products with ease, with all solutions compliant with industry standards such as PCI-DSS and GDPR.

They have years of experience in banking system development and specialize in full-cycle development, ranging from requirements gathering, user interface (UI/UX) design, backend architecture, deployment, and testing through long-term support. They keep transparency in communication throughout the whole process, collaborating with you to develop a clear roadmap.

Google rating- 4.7

Clutch rating- 4.4

Awards- Goodfirms, Clutch, Bark, Trustpilot

Founded Year- 2019

Hourly Rate-  $25/hr

Location- Surat, India

3. Codeplateau

CodePlateau is a reliable tech partner for the finance industry; they serve in sectors like banking and finance, insurance, investment firms, and wealth management. They specialize in developing secure, scalable, and user-friendly platforms, including mobile banking apps, payment and wallet apps, fraud detection and compliance apps, and others.

Their Power BI consulting services enable financial institutions to turn complex data into actionable insights through interactive dashboards and reports. By offering real-time data visualization, our solutions help organizations optimize performance and fine-tune strategic planning.

Google rating- 4.9

Clutch rating- 5.0

Awards- Goodfirms, Clutch, ISO

Founded Year- 2016

Location- Pune, India

4. Evoqins

Evoqins is a renowned fintech app development company in India, providing clients with innovative, secure, and scalable financial products. It is a team of fintech professionals with varied backgrounds and experienced developers concerned with compliance, performance, and long-term business value.

As a trusted fintech development partner, Evoqins develops custom applications catering to actual finance problems that improve user experience, security, and operational efficiency. The company has served international clients from various segments, including mutual fund investment, enterprise-level BFSI systems, payment gateways, and personal finance management.

With value-added industry expertise in client satisfaction, Evoqins is distinguishable among the top fintech product development firms. Rated highly on Clutch, Google, and other sites, Evoqins is the first name to go to for reliable and futuristic fintech solutions, with their knowledge of fintech regulations.

Google rating- 4.9

Clutch rating- 4.8 

Awards- Clutch, ISO

Founded Year- 2017

Hourly Rate- $25/hr

Location- Bengaluru, India

5. Tvisha Technologies Inc

Tvisha Technologies Inc is a trusted mobile banking application development company, delivering secure, feature-rich, and scalable banking solutions. With over a decade of experience in digital transformation, Tvisha helps banks and fintech firms build intuitive mobile apps that enhance customer experience and streamline financial operations.

As a reliable banking app development partner, Tvisha creates bank applications with features like MPIN login, loan management, account management, and mobile deposit, which make users’ work easier.

They have received an award from ITFirm and a high rating on platforms like Clutch and Google. With expertise in data security, encryption, and financial regulations, Tvisha is the ideal choice for building robust mobile banking applications.

Google rating- 4.2

Clutch rating- 4.6

Awards- Goodfirms, Clutch, ITFirm

Founded Year- 2002

Hourly Rate- $25 – $49/hr

Location- Hyderabad, India

6. Hyperlink InfoSystem

Hyperlink InfoSystem is a leading name among fintech app developers. They develop customized applications according to the client’s needs. Hyperlink InfoSystem, a prominent fintech and IT company based in India, combines industry-leading practices within the fintech and IT fields along with the latest fintech technology to give users innovative solutions.

Their solutions foster digital transformation, customer engagement, and data privacy. Hyperlink InfoSystem is trusted by global clients and highly rated across platforms. They stand out as a dependable partner for future-ready fintech app development.

Google rating- 4.6

Clutch rating- 4.8

Awards- Clutch

Founded Year- 2011

Hourly Rate- $25 – $49/hr

Location- Ahmedabad, India

7. Agicent

Agicent is one of the top fintech app development companies in India for building sound, secure, and innovative fintech applications. Digital wallets, payment apps, lending platforms, investment tools-they have worked with startups, enterprises, and financial institutions to build performing fintech products. Their experienced team blends technology, regulatory compliance, and user-centric design to craft effective solutions.

They consider all aspects in making their fintech solutions scalable, user-friendly, and compliant with regulatory bodies such as PCI-DSS and GDPR. Their positive reviews on Clutch and other sites have built a strong reputation for client trust and satisfaction.

Google rating- 4.1

Clutch rating- 4.8

Awards- Goodfirms, Clutch, AppFutura 

Founded Year- 2010

Location- Noida, India

8. OpenSource Technologies

OpenSource Technologies started in 2009 in Delhi and is a software development company that assists businesses in building highly reliable and scalable digital solutions using the latest technology. With an innovative mindset, OST empowers companies across industries, including fintech, to streamline operations and improve engagement of customer through app development.

OST is a dedicated group of developers, working tirelessly to focus on quality, security, and user experience. OST has successfully completed projects all around the world, and they take pride in their commitment to the process and quality of their work. OST is known for transparent communication and a flexible development process, making them a desired partner for fintech development and digital transformation.

Google rating- 4.4

Clutch rating- 4.8

Awards- Clutch, Business Award 2017

Founded Year- 2009

Hourly Rate- $50 – $99/hr

Location- Delhi, India

9. SemiDot Infotech

SemiDot Infotech Technologies is acknowledged as one of the top app developers in fintech and is trusted in the development industry. 

SemiDot has been able to meet client needs with a variety of finance-related solutions ranging from digital wallets to payment gateways, layers of fraud prevention, and wealth management applications.

Their portfolio boasts an array of products, including secure payment processing systems, banking apps, investment apps, and KYC platforms, among others. The company thrives on its commitment toward innovation, compliance, and user experience; this is what keeps SemiDot Infotech attractive to the more progressive firms in fintech.

Google rating- 4.2

Clutch rating- 4.7

Awards- Goodfirms, Clutch

Founded Year- 2011

Hourly Rate- $25/hr

Location- Jaipur, India

10. Quytech

Quytech is a top fintech app development company in India with a 14+ years history of delivering secure fintech solutions.

The team develops scalable and future-ready fintech solutions using cutting-edge technologies like AI/ML, Blockchain, AR/VR, IoT, and Cloud Computing.

Quytech is well-rated on Clutch and Google, carrying the torch for financial firms in designing smart, reliable, and seamless user digital experiences.

Google rating- 4.4

Clutch rating- 4.8

Awards- Goodfirms, Clutch, Top App Development Companies 2023

Founded Year- 2010

Hourly Rate- $25/hr

Location- Gurgaon, India

Conclusion

The fintech ecosystem in India is rapidly evolving, driven by innovation, increased digital adoption, and the growing demand for seamless financial services. Whether it’s simplifying personal finance, enabling quick transactions, or offering smarter investment options, fintech apps are transforming the way users engage with money.

However, developing a secure, scalable, and user-friendly fintech app is not easy. It required deep industry and technical knowledge. So, it’s important to choose the right tech partner. 

Above, we mentioned the top fintech app development companies, which have proven their credibility through verified client reviews, industry-recognized certifications, and successful project deliveries.

They assist businesses with everything from mobile banking app development to advanced payment gateway software development, which helps them to stay updated with new trends. So, if you are looking to expand in the fintech space, working with these trusted development partners would be your first step in building a digital finance app ready for the future.