Are you looking for fintech app ideas?

With the rise of fintech apps to popularity and the market being valued in hundreds of billions, there are a lot of people who want to create a fintech app but lack the idea.

If you are one of them, this blog is for you.

Here, we shall be discussing a list of the best fintech app ideas for startups in 2024, covering everything from eWallet apps to unique solutions like bill-splitting apps.

With this being said, let’s get right into it:

FinTech Market Stats

The world is going crazy over fintech, but why? What makes the fintech market size a lucrative one?

Well, let’s look at some important fintech statistics and answer those questions.

  • Global fintech sector, valued at $179B in 2023 with 30,000 startups.
  • Digital payments claim 25% of fintech market share.
  • NASDAQ lists 463 fintech-related stocks, highlighting sector significance.
  • 90% of fintech companies globally heavily leverage AI and machine learning.
  • Over 60% of credit unions and 49% of banks trust fintech partnerships.
  • Visa leads fintech with a valuation nearing half a trillion USD.
  • 48 fintech unicorns hold a market share exceeding $187B.
  • Potential disruption of $4.7T in traditional financial services revenue by fintech.
  • 60% of credit unions and 49% of U.S. banks recognize fintech’s importance.

Speaking of which, let’s look at why you should consider creating a fintech app for your business.

Why Should You Go For A Fintech App For Your Business?

Why Should You Go For A Fintech App For Your Business?

Before we look for Fintech app ideas, let’s see why you should create a Fintech app at all. Some of the main motivations, benefits, and reasons are, as mentioned below:

  • Easy Payment Processing

In the world of “digital money” where everyone using a mobile app for payment processing, fintech apps, and their various niches are life savers.

We can all agree that without apps like PayPal, it would be hard to create a frictionless transaction flow. And this is a big advantage for users as well as businesses.

  • Improving Customer Experience

Do you know what’s common between all the top fintech app ideas? They strive to deliver a better user experience.

In other words, Fintech apps are a crucial part of enhancing customer experience in the financial industry.

These apps provide user-friendly interfaces, simplified navigation, and real-time updates, ensuring a seamless and efficient experience for customers.

From account management to transaction monitoring, a well-designed fintech app can significantly improve the overall satisfaction of users, fostering trust and loyalty.

  • Global Access

It goes without saying that as we move forward in time, we are moving towards absolute globalization. And these are fintech app ideas that connect the world financially.

With international money transfer apps like TransferWise, you can send money to your loved ones or business partners across the world hassle-sly.

  • Fraud Prevention

The integration of advanced technologies such as artificial intelligence and machine learning in fintech apps plays a pivotal role in fraud prevention.

With this financial app, solutions can analyze patterns, detect anomalies, and implement multi-layered security measures, significantly reducing the risks associated with fraudulent activities.

By providing a secure environment for financial transactions, fintech apps instill confidence in users, ultimately protecting their assets.

  • Saving Resources

While the cost to develop a fintech app may be a big investment, it also helps businesses achieve operational efficiencies by automating various processes.

From account management to transaction processing, automation reduces manual intervention, saving time and resources.

This not only improves the overall efficiency of financial institutions but also allows them to allocate resources to more strategic initiatives and innovation.

  • Easy Lending

Truth be told, in the 21st century lending has become a big part of the financial line.

Fintech apps simplify the lending process, making it easier for individuals and businesses to access loans.

Through streamlined application processes, quick approvals, and transparent terms, these apps remove the traditional barriers associated with borrowing.

This is one of the big reasons why top lending companies are investing in fintech project ideas.

  • Enhanced Security

Security is a top priority in fintech.

These apps employ robust security measures, including encryption, biometric authentication, and multi-factor authentication, to safeguard sensitive financial information.

The emphasis on app security not only protects users from potential threats but also instills confidence in the reliability of fintech services, contributing to their widespread adoption.

  • Personalization

With the rise of fintech app ideas, businesses can enable personalized financial solutions and tailoring services to meet individual user needs.

Personalization not only enhances user engagement but also increases the likelihood of customers achieving their financial goals, thereby establishing long-term relationships with the app and its services.

  • Better ROI

One of the big reasons to invest in app development is that it offers a compelling return on investment ROI for financial institutions.

By enhancing operational efficiency, expanding customer reach, and reducing risks, these apps contribute to the overall profitability of financial institutions.

The cost-effectiveness of digital solutions, coupled with the potential for increased revenue streams, makes going for a fintech app idea a strategic investment with a promising ROI.

Top FinTech App Ideas for Startups

With all that said and done, it’s time to look at fintech app ideas for startups as well as established business institutions.

In this list of fintech app ideas, we shall be covering everything from popular concepts to innovative app ideas.

Therefore, with this being said, let’s get right into it:

1. Digital Banking Apps

Let’s start with the first of the business ideas for fintech.

Be warned, this isn’t one that a startup usually goes for, but the world is full of surprises. Speaking of which, we are talking about digital banking apps.

Often also known as online banking or mobile banking app development, it has become a popular concept among established financial institutions like banks and credit card companies.

In the past few years, a dramatic shift has been observed in the way people interact with their banks and relish banking services. Users no longer appreciate the need to visit their local banks or ATMs for money transfers and other purposes.

Rather, they are enjoying various advantages of digital banking, like the ease of making transactions, deposits, blocking cards, investing, opening accounts, adding beneficiaries, and much more with a few taps on their devices.

While banks mainly invest in this fintech app idea, we have seen some third-party mobile banking apps like Revolut in the market too.


  • Mobile Check Deposit: Users can deposit checks by simply taking a photo through the app, eliminating the need to visit a physical bank.
  • Real-Time Transaction Alerts: Instant notifications for every transaction, providing users with real-time updates on their account activity for enhanced security and monitoring.
  • Budgeting Tools: Integrated budgeting features that categorize and analyze spending, helping users manage their finances more effectively.
  • Digital Wallet Integration: Seamless integration with digital wallets, allows users to make contactless payments using their smartphones.
  • Customizable Alerts and Notifications: Users can set personalized alerts for various account activities, such as low balance warnings, large transactions, or bill due dates.

Market Insights

  • Downloads: 2.8 billion downloads globally in 2023.
  • Active users: 60% of smartphone users worldwide use the digital banking app Annie.
  • Benefits: 24/7 access to account information, online banking transactions, mobile payments, and digital financial tools.
  • Competition: Traditional banks, fintech startups, and neobanks.


  • Ally Bank
  • Chime
  • Revolut

Examples of Digital Banking Apps

2. Investment Apps

Let’s talk about one of the most interesting Fintech ideas and investment platforms.

With the digitalization of industries and higher financial literacy among the masses, investment has become a popular activity, a hobby even.

Today, there are billions of people across the world who invest money conveniently from their smartphones from the comfort of their homes.

When you create an investment platform, there are a lot of amazing features you can include here.


  • Robo-Advisors: Automated investment platforms that use algorithms to create and manage a diversified portfolio based on users’ risk tolerance and financial goals.
  • Educational Resources: Comprehensive educational materials, including articles, videos, and tutorials, to help users make informed investment decisions.
  • Performance Tracking: Tools for tracking the performance of investments in real time, including visualizations, historical data, and investment analytics.
  • Automatic Reinvestment: Option for automatic reinvestment of dividends and returns, ensuring that users’ portfolios stay balanced and optimized.
  • Social Trading: Integration of social features that allow users to follow and replicate the investment strategies of successful investors within the platform.

Market Insights

  • Downloads: Over 100 million downloads globally in 2023.
  • User base: 10% of individuals across all age groups have used an online investment tool in the past year.
  • Market size: The global e-trading market is expected to reach $12.16 billion by 2028, with a CAGR of 5.1
  • Average investment amount: US users invest an average of $414 per month through investment apps.
  • Growth rate: Google’s search for “investment apps” grew by 115% year-over-year.


  • Robinhood
  • Wealthfront

Examples of Investment Apps

3. P2P Payment Apps

Third on the list of fintech app ideas, we have P2P payment apps.

If you are involved in the fintech landscape, which everyone is, you have probably used P2P payment solutions. This covers apps like Venmo, Zelle, and so on.

As the name suggests, this fintech concept lets users transfer money to other people. These apps connect directly to bank accounts, enabling long-distance payments instantaneously.

You can create a money transfer app like this and gain fame in a growing market. Seeing the rise in peer-to-peer payment apps, looking ahead to developing a P2P payment application may be a very profitable venture.

Also, these FinTech mobility solutions use the latest technologies like NFC near-field communication and face and voice biometric technology to streamline the POS Point of Sale processing, improve risk management, and deliver an optimal customer experience CX.


  • Instant Money Transfer: Instantaneous transfer of funds between users, making it convenient for splitting bills, repaying loans, or sharing expenses.
  • QR Code Payments: Users can make or receive payments by scanning QR codes, simplifying the transaction process and reducing the need for manual entry.
  • Request and Split Bills: Features that enable users to request money from contacts and easily split bills among groups for shared expenses.
  • Payment Reminders: Automated reminders for pending payments or outstanding dues, helping users stay on top of their financial commitments.
  • Biometric Authentication: Enhanced security through biometric authentication methods such as fingerprint or face recognition for authorized transactions.

Market Insights

  • Transaction volume: Global P2P payment transaction volume is expected to reach $410.8 billion by 2025.
  • Active users: 575 million active P2P payment users globally in 2023.
  • Market penetration: 48% of smartphone users used a P2P payment app in 2022.
  • Average transaction value: $44 per transaction in the US, $66 globally.
  • Top markets: China, India, and the US are the leading markets for P2P payments.


  • Venmo
  • Cash App
  • Zelle

Examples of P2P Payment Apps

4. Insurance Apps

Often known as InsurTech, it is one of the largest niches in fintech. It is also one of the best fintech ideas for startups in 2024.

Many small businesses, startups, and freelancers want to launch an insurance app and launch their own business.

As the rise of businesses being created increases, there has been an overall rise in the demand for insurance services.

Due to the variety in needs of all these businesses, the need for personalized insurance apps provides a great opportunity for insurance demands to be met in quick turnaround times through technology. Having these types of FinTech apps and FinTech app ideas also helps to gain a quick understanding of insurance terms and conditions.

This is useful, as some employees, freelancers, and business owners need further understanding of various insurance issues.

The best part is that the cost to develop an insurance app isn’t all that much, making it a cheaper option and offering great ROI.


  • Instant Policy Issuance: Users can purchase and receive insurance policies instantly through the app, streamlining the application process.
  • Claim Submission and Tracking: A user-friendly interface for submitting and tracking insurance claims, providing transparency and reducing processing time.
  • Policy Customization: Options for users to customize their insurance policies based on individual needs, allowing for personalized coverage.
  • Virtual Assistance and Chatbots: Integration of virtual assistants or chatbots to assist users with policy-related queries, claims, and general information.
  • Policy Document Storage: Secure storage of digital policy documents within the app, reducing the need for physical paperwork and facilitating easy access.

Market Insights

  • Downloads: 14.8 million insurance app downloads globally in 2023.
  • Market size: Global InsurTech market is expected to reach $72.2 billion by 2027, with a CAGR of 14.6%.
  • Adoption rate: 29% of smartphone users own at least one insurance app.
  • Top features: Policy management, claims filing, and price comparison tools.
  • Growth drivers: Increased smartphone penetration and demand for on-demand services.


  • Geico
  • Lemonade
  • Progressive

Examples of Insurance Apps

5. Money-Saving Apps

Truth be told, holding money is like trying to hold sand in your fist, it is bound to slip away.

And there are a lot of people who want to save money but fail to do so. This app idea for fintech businesses is all about saving money.

Money-saving apps.

As the name suggests, these apps are built around the need to teach the user base how to reduce extra spending and save money toward a goal.

Being one of the finance startup ideas, it can help you make your own additions to the list of the best budgeting apps.


  • Automated Savings Plans: Users can set up automated savings plans, where the app automatically transfers a designated amount to savings based on personalized criteria.
  • Cashback and Rewards Programs: Integration of cashback and rewards programs, providing users with incentives to make purchases or reach savings goals.
  • Expense Tracking: Robust expense tracking features that categorize and analyze spending patterns, helping users identify areas where they can cut costs.
  • Goal-Based Savings: Tools for setting and tracking financial goals, with the app providing insights and recommendations on how to achieve those goals.
  • Interest-Earning Savings Accounts: Integration with high-yield savings accounts and investment options to help users grow their savings over time through interest or investment returns.

Market Insights

  • Downloads: 65 million downloads of personal finance management apps in the US in 2023.
  • Active users: 46% of Americans use a money-saving app.
  • Average savings: Users report saving an average of $200 per month with money-saving apps.
  • Top features: Budgeting tools, spending trackers, and bill reminders.
  • Market dynamics: Consolidation of smaller players and the emergence of AI-powered features.


  • Digit
  • Qapital
  • Acorns

Money-Saving Apps Examples

6. Crypto Wallet App

Here, we have it, the start of fintech, crypto-wallet apps.

Enabled by blockchain development, this is a step further from the usual trading platform. And with the rise of cryptocurrencies, this is one of the best fintech product ideas today.

With the help of crypto-wallet app development, you can take over the market and introduce innovation to the field.

As of today, the competition in the field is low and there is a lot of money to be made.

So, if you want to start a brand new fintech-based business, this app idea is something that you should definitely consider.


  • Multi-Currency Support: Seamlessly manage and securely store a diverse range of cryptocurrencies in one wallet.
  • Secure Cold Storage: Safeguard your digital assets with the added wallet security of offline cold storage for private keys.
  • Two-Factor Authentication (2FA): Fortify wallet security through the implementation of two-factor authentication, preventing unauthorized access.
  • Transaction History and Reporting: Gain insights into your financial activity with detailed transaction history and reporting tools for informed decision-making.
  • Integration with Hardware Wallets: Enhance overall security by integrating with reputable hardware wallets, offering an extra layer of protection for your crypto holdings.

Market Insights

  • Explosive Growth: Global crypto wallets exploded to 84 million in 2023, a 10x jump since 2016.
  • Security Shadow: Despite the growth, $3.8 billion vanished in 2022 thefts.
  • Wallet Diversification: Hot wallets still reign, but cold and non-custodial options, offering stronger security and user control, are gaining momentum.


  • Coinbase
  • Binance
  • Kraken

Crypto Wallet App Examples

7. RegTech Apps

RegTech applications are among the ideas for finance businesses to start, perfect for startup app development.

These apps help to support individuals and businesses in exploring, finding, and complying with regulations and laws for business.

Additional ways to have this app help business owners would be to monitor new regulations, run compliance checks, identify risks, and translate requirements into concrete steps.

In 2023, this type of app was expected to be worth $63 billion. These mobility solutions help financial companies comply with all local and global standards.

They enable organizations to automate a major fraction of their processes, including customer identity verification, report compilation and submissions, transaction monitoring and reporting, and many more. As a result, it increases customer retention rates.

There is no wonder, some of the most popular fintech apps today are RegTech apps.


  • Compliance Automation: Automation of regulatory compliance processes to ensure that businesses adhere to industry-specific regulations and standards.
  • KYC Know Your Customer Verification: Tools for efficient and secure customer onboarding through identity verification processes in compliance with regulatory requirements.
  • Risk Management Solutions: Features that assess and manage potential risks, helping businesses maintain compliance and mitigate regulatory issues.
  • Audit Trail and Reporting: Creation of comprehensive audit trials and reports to demonstrate compliance with regulations and facilitate regulatory audits.
  • Monitoring and Surveillance: Real-time monitoring and surveillance capabilities to detect and prevent potential compliance violations and fraudulent activities.

Market Insights

  • Market size: The Global RegTech market is expected to reach $66.7 billion by 2027, with a CAGR of 42.8%.
  • Investment growth: VC investment in RegTech startups reached $11.8 billion in 2023, a 90% increase from 2022.
  • Top use cases: KYC/AML compliance, transaction monitoring, and regulatory reporting.
  • Benefits: Reduced costs, improved efficiency, and increased compliance accuracy.
  • Growth drivers: Stringent regulations, digitalization of financial services, and rise of cybercrime.


  • Onfido
  • ComplyAdvantage
  • Trulioo

RegTech Apps Examples

8. Crowdfunding Applications

One of the main ways mobile app funding and start-up funding works is via “crowdfunding”

As the name suggests, this process involves raising funds from people, by offering them value in return. It can be valued in stocks, profits, free items on launch, or just pure donation.

Crowdfunding is one of the most popular ways to generate this funding and this is what makes crowdfunding app development one of the best mobile app ideas for the fintech segment.

With the number of fintech startups growing to 30,000, there are a lot of people joining crowdfunding platforms like Kickstarter and GoFundMe. So shoot your shot with this fintech app idea to make money.


  • Project Funding Campaigns: Platforms that enable users to create and contribute to crowdfunding campaigns for various projects, products, or creative endeavors.
  • Rewards-Based Crowdfunding: Systems that allow project creators to offer rewards to backers based on their level of contribution.
  • Equity Crowdfunding: Platforms where users can invest in startups or projects in exchange for equity, allowing for a share in potential future profits.
  • Transparent Fund Allocation: Clear and transparent information on how funds will be used, ensuring accountability and building trust among backers.
  • Social Integration: Integration with social media platforms to facilitate easy sharing of crowdfunding campaigns and increase visibility.

Market Insights

  • Global volume: Global crowdfunding raised $383.4 billion in 2023, up 29% from 2022.
  • Platforms: Equity crowdfunding, real estate crowdfunding, and lending crowdfunding are the most popular types.
  • Success rate: Around 30% of crowdfunding campaigns have reached their target goal.
  • Regulations: Crowdfunding regulations vary significantly by country.
  • Future trends: Increased use of blockchain technology and integration with traditional financial institutions.


  • Kickstarter
  • Indiegogo
  • GoFundMe

Examples of Crowdfunding Applications

9. POS Apps

POS stands for Point-of-Sale.

In other words, POS apps are mobile applications that let users pay at storefront, this includes everything from paying at grocery stores to paying at restaurants or malls.

This is growing in popularity and you may already be using a few of them. Some of the top names in NFC payment apps do fall in the POS category.

With these apps you can gain a lot of market, as eWallet app statistics show us, apps being the top choice of people when it comes to POS payments.


  • Contactless Payments: Support for contactless payment methods, including NFC Near Field Communications and mobile wallets, enhancing transaction speed and convenience.
  • Inventory Management: Inventory management systems offer real-time features, helping businesses optimize stock levels and prevent stockouts.
  • Sales Analytics: Tools that provide insights into sales performance, customer behavior, and popular products, aiding in strategic decision-making.
  • Integration with Accounting Software: Seamless integration with accounting systems for easy tracking of sales, expenses, and financial reporting.
  • Customer Loyalty Programs: Loyalty programs and features to reward repeat customers and encourage customer retention.

Market Insights

  • Market size: Global POS market is expected to reach $31.4 billion by 2028, with a CAGR of 7.5%.
  • Adoption rate: 90% of small and medium businesses use a POS system.
  • Mobile payments: Mobile POS payments are expected to account for 60% of all POS transactions by 2025.
  • Top features: Payment processing, inventory management, and customer relationship management.
  • Growth drivers: Increasing e-commerce adoption and demand for omnichannel solutions.


  • Square POS
  • Shopify POS
  • Toast POS

POS Apps Examples

10. Loan-lending Apps

Finally, we have one of the most in-demand financial startup ideas, the loan lending apps.

Over the years, as soft loans have become more popular than traditional ones, loan lending app development has become a trend in the industry.

For those who don’t know, loan lending apps act as a marketplace where lenders and borrowers can connect and cater to each other’s requirements without using the product discovery services of any financial institution.

On one side, these mobile applications enable borrowers to set the highest loan rates they can manage.

On the other hand, they let lenders negotiate with each other to offer funds at the lowest rate. And this way, they get more borrowers or customers.

The best part is that the cost to build a lending app is well compensated by the monetization it offers, making it one of the best app ideas for finance businesses to start on this list.


  • Quick Loan Approval: Streamlined and fast loan approval processes, providing users with quick access to funds when needed.
  • Flexible Repayment Options: Options for users to choose flexible repayment terms based on their financial situation and preferences.
  • Credit Score Monitoring: Tools for monitoring and improving credit scores, helping users qualify for better loan terms in the future.
  • Secure Document Upload: Secure upload and verification of necessary documents for loan applications, enhancing the security and efficiency of the lending process.
  • Interest Rate Calculators: Transparent interest rate calculators that help users understand the total cost of the loan and make informed borrowing decisions.

Market Insights

  • Downloads: 480 million downloads of loan-lending apps globally in 2023.
  • Market size: Global online lending market expected to reach $1.12 trillion by 2027, with a CAGR of 24.9%.
  • Loan types: Personal loans, small business loans, and point-of-sale loans are the most common.
  • Concerns: Predatory lending practices and debt traps.
  • Regulations: Increased regulatory scrutiny to protect consumers.


  • LendingClub
  • SoFi
  • Avant

Loan-lending Apps Examples

11. Payday Loan Apps

Niching down on loan lending apps, we have PayDay loans, often also known as cash advance apps.

This financial application can provide app users with a specific sum as a loan in their time of crisis. Here the users need to add data about their work and connect to the bank account.

Also, this application will deduct the cash once the users get the paycheck. Here are a portion of the proposed features to include in the Payday loan application:

Cash advances are so popular – in fact – that even Apple, along with a lot of other tech leaders, introduced their own version of the solution, making it a fintech as well as eWallet trends.

If that doesn’t make it one of the top fintech app ideas to make money, nothing will.


  • Fast Approval and Disbursement: Rapid processing of loan applications with quick approval and instant disbursement of funds to meet urgent financial needs.
  • Flexible Repayment Options: Options for borrowers to choose flexible repayment terms, including installment plans, to accommodate their financial circumstances.
  • Transparent Fee Structure: Clear and transparent disclosure of fees, interest rates, and terms to ensure borrowers are fully aware of the costs associated with the payday loan.
  • Credit Score Monitoring: Integration with tools that allow users to monitor and improve their credit scores, potentially leading to better loan terms in the future.
  • Secure Data Encryption: Robust security measures, including data encryption, to protect users’ personal and financial information during the loan application process.

Market Insights

  • Market size: US payday loan market was estimated at $38.5 billion in 2023.
  • Average loan amount: $371 in the US.
  • Interest rates: Typically high, ranging from 300% to 1,800% APR.
  • Risks: Debt cycles and financial hardship for borrowers.
  • Regulations: Stricter regulations in some regions to limit predatory lending.


  • Earnin’
  • Dave
  • MoneyLion

Payday Loan Apps

12. Robo Advising Apps

It goes without saying that over the years, there have been several applications of AI in mobile app industry.

One of them comes with a fintech application idea: the robo advisor app, one of the proven ways of making an innovative financial management app.

FinTech attracts millennials and is also a great area for investing in the financial application development economy.

This machine-learning-driven solution serves users with the finest personalized and future-centric financial advice at more inexpensive costs.

Robo advisor apps examine users’ expenses and investments to help them increase their after-tax returns. In addition to this, they are adding comfort to the process with no human intervention.


  • Automated Portfolio Management: Use of algorithms to create and manage diversified investment portfolios based on users’ financial goals, risk tolerance, and time horizon.
  • Goal-Based Investing: Tools that help users set and track specific financial goals, with automated adjustments to investment strategies based on progress and changing goals.
  • Tax-Efficient Investing: Features that optimize investment portfolios for tax efficiency, minimizing tax liabilities and maximizing returns.
  • Customizable Investment Preferences: Options for users to customize their investment preferences, such as ethical investing or specific industry focuses.
  • Portfolio Rebalancing: Automated portfolio rebalancing to maintain target asset allocations, ensuring portfolios align with users’ risk profiles and investment objectives.

Market Insights

  • Assets under management AUM: Global Robo-advisor AUM is expected to reach $1.5 trillion by 2025.
  • User base: 127 million global users by 2027, with a CAGR of 22.3%.
  • Benefits: Lower fees, automated portfolio management, and accessibility.
  • Competition: Traditional wealth management firms and hybrid Robo-advisors.
  • Future trends: Increased personalization, integration with AI and focus on ESG investing.


  • Betterment
  • Wealthfront
  • Nutmeg

Robo Advising Apps

13. Digital Wallet Apps

Finally, we have started the list of eWallet app development.

If you are not living under a rock, you have probably heard of eWallet applications, which are often also known as digital wallets or mobile wallets.

In any case, these are the digital representations of your physical wallet that enable the user to access digital currency, their accounts, debit-credit cards, transfer money, pay bills, book tickets, and do a lot more things.

Also Read: Digital Wallet vs eWallet vs Mobile Wallet

With the growing market reaching hundreds of billions, it’s no wonder every other tech company wants to develop an eWallet app.

Furthermore, this is among the top 3 financial services business ideas on the list, considering top eWallet apps in the market are generating billions in revenue.

If you choose to bring the app idea to reality, the eWallet app development cost is negligible compared to the value the eWallet app monetization offers.


  • Contactless Payments: Support for contactless payments using NFC technology, allowing users to make transactions with their smartphones or smartwatches.
  • P2P Money Transfers: Seamless peer-to-peer money transfer features, enabling users to send and receive funds quickly and securely.
  • Card Management: Features that allow users to manage and control their digital and physical payment cards within the app, including blocking or limiting card usage.
  • Expense Tracking: Integration with budgeting tools and expense tracking features to help users monitor and manage their spending.
  • Digital Receipts and Loyalty Cards: Storage of digital receipts and loyalty cards within the app, reducing the need for physical copies and streamlining the shopping experience.

Market Insights

  • Transaction volume: Global digital wallet transaction volume is expected to reach $8.8 trillion by 2027, with a CAGR of 30.4%.
  • Active users: Over 2.5 billion active digital wallet users globally in 2023.
  • Top features: Contactless payments, peer-to-peer transfers, and loyalty programs.
  • Competition: Big tech companies, banks, and fintech startups.
  • Future trends: Integration with blockchain technology, biometric authentication, and expanded financial services.


  • Apple Pay
  • Google Pay
  • Samsung pay

Read Also: Google Pay vs. Apple Pay vs. Samsung Pay

Digital Wallet Apps

14. Stock Trading App

A sister niche to investment, here we have the “stock trading app”.

Now, we don’t need to explain what stock trading is. This mobile application makes the process of buying and selling stocks that much easier with its electronic processes.

What makes it among money-making fintech app ideas is the fact that billions of people from across the world are interested in the concept.

Consequently, the top players market has opted for stock trading app development.

So, if you want to make money with fintech apps, this is the right idea to invest in.


  • Real-Time Market Data: Live updates on stock prices, market indices, and other relevant financial data to help users make informed trading decisions.
  • Advanced Charting Tools: Feature-rich charting tools with technical analysis capabilities, allowing users to analyze stock trends and patterns.
  • Limit and Stop Orders: Options for setting limit orders and stop-loss orders to automate buy and sell decisions based on predetermined conditions.
  • Research and Analysis: Integration of research tools, market analysis, and financial news to provide users with insights into potential investment opportunities.
  • Paper Trading: Virtual or paper trading accounts that allow users to practice trading strategies without risking real money.

Market Insights

  • Downloads: 47 million downloads of stock trading apps globally in 2023.
  • Active users: 5% of US adults actively trade stocks.
  • Commission-free trading: Rise of commission-free trading platforms has increased accessibility.
  • Concerns: Gamification and potential for risky behavior.
  • Regulations: Ongoing debate about regulations for retail investors.


  • Robinhood
  • TD Ameritrade

Stock Trading App

15. Invoice Financing Apps

Let us introduce you to one of the most innovative, fintech mobile app ideas and invoice financing apps.

With this platform, users don’t have to deal with lengthy loan applications and collateral requirements.

These fintech apps are revolutionizing how businesses access working capital, making them a prime target for savvy investors.

In addition to this, this fintech idea also empowers businesses to sell their outstanding invoices to investors upfront, receiving immediate cash instead of waiting for potentially sluggish customer payments.

With the global invoice financing market projected to reach a staggering $4.6 trillion by 2031, investing in the right invoice financing app could be your ticket to a lucrative future in the ever-evolving fintech landscape.

Needless to say, if you want to generate revenue with fintech apps, this is one of the best ideas to go with.


  • Fast Invoice Processing: Quick and efficient processing of invoices, providing businesses with expedited access to funds tied up in outstanding invoices.
  • Transparent Fee Structure: Clear and transparent disclosure of fees and terms associated with invoice financing to ensure businesses understand the costs involved.
  • Credit Risk Assessment: Tools that assess the creditworthiness of the invoiced customers to manage the risk associated with invoice financing.
  • Automated Repayment: Automated repayment processes that deduct the financing amount plus fees directly from the business’s bank account once the customer pays the invoice.
  • Access to Financial Insights: Provision of financial insights and analytics related to cash flow, helping businesses make informed decisions about their finances.

Market Insights

  • Market size: Global invoice financing market is expected to reach $1.65 trillion by 2027, with a CAGR of 11.4%.
  • Benefits: Improved cash flow and faster access to working capital for businesses.
  • Types of financing: Factoring, discounting, and supply chain finance are common models.
  • Competition: Traditional banks, alternative lenders, and fintech platforms.
  • Future trends: Integration with blockchain technology, AI-powered credit scoring, and increased adoption by small businesses.


  • BlueVine
  • Fundbox
  • C2FO

Invoice Financing Apps

16. BNPL Apps

In another parallel niche of loan lending and cash advances, we have BNPL and Buy-Now-Pay-Later Apps.

If you have ever used apps like Klarna, you know what we are talking about as well as the great demand in the market for these forms of lending apps.

What makes these platforms stand out from the rest is the fact that they seamlessly integrate with online shopping applications, offering a frictionless experience to the end user.

All in all, this is a leading financial startup business idea that you can take advantage of and take over the market with BNPL app development.


  • Interest-Free Installments: Allows users to make purchases and pay for them in interest-free installments over a specified period, providing flexibility in managing expenses.
  • Instant Approval: Fast and instant approval process for users to access BNPL options at the point of sale, making the buying process seamless.
  • Transparent Terms and Fees: Clear disclosure of terms, fees, and repayment schedules to ensure users are aware of the financial commitments associated with the installment plan.
  • Virtual Card Integration: Integration with virtual cards and digital wallets to streamline the BNPL process and facilitate secure transactions.
  • Automated Repayment: Automated repayment process, where the app deducts installment amounts from the user’s linked account on scheduled dates.

Market Insights

  • Market size: Global BNPL market is expected to reach $967.8 billion by 2027, with a CAGR of 34.3%.
  • User base: 227 million BNPL users globally in 2023.
  • Benefits: Interest-free financing options for consumers.
  • Concerns: Potential for overspending and debt accumulation.
  • Regulations: Growing regulatory scrutiny, with potential for stricter rules.


  • Afterpay
  • Klarna
  • Affirm

BNPL Apps Examples

17. Credit Scoring Apps

Let’s talk about core finance mobile app ideas and credit scoring apps.

Among the various business models fintech offers, credit scoring app has a lot of potential. The reason is, if you look at the very basic services or financial products offered by banks, credit score stands as a decisive criterion.

Whether you want to get a loan or apply for a mortgage, your credit score matters.

Speaking of credit scores, people don’t even know how to check their credit score let alone improve it. And that’s why their form of mobile app development comes in.

Credit scoring apps are one of the most lucrative platform ideas for fintech, in fact, they are so popular major fintech apps have integrated this functionality in their apps.

A lot more platforms are charging money to let people find their credit score.


  • Credit Score Monitoring: Real-time tracking and monitoring of users’ credit scores, providing insights into factors that impact credit health.
  • Credit Report Access: Access to detailed credit reports, including information on credit accounts, payment history, and inquiries made by lenders.
  • Credit Education Resources: Educational resources and tools that help users understand how various financial actions can affect their credit scores.
  • Credit Score Simulators: Features that simulate the potential impact of financial decisions on users’ credit scores, aiding in informed decision-making.
  • Credit Score Alerts: Customizable alerts for significant changes in users’ credit scores, helping them stay informed about their credit health.

Market Insights

  • Downloads: 340 million downloads of credit scoring apps globally in 2023.
  • User base: 42% of Americans use a credit scoring app.
  • Benefits: Free access to credit reports and scores, credit monitoring, and financial education tools.
  • Competition: Credit bureaus, banks, and fintech startups.
  • Future trends: Increased use of alternative data sources for credit scoring, AI-powered insights, and personalized financial recommendations.


  • Credit Karma
  • Experian
  • Credit Sesame

Credit Scoring Apps

18. Bill Reminder Apps

Don’t you hate it when you forget an important bill payment? Well, here is a leading product idea for fintech businesses that deal with users’ this problem.

Bill reminder apps.

The concept is simple: the platform is based on the data feed by users and one collected from Open Banking APIs to keep users updated on bill payment dates.

These fintech apps take full advantage of the push notification service to send alerts that are hard to miss. In a time where we are all busy in our day-to-day life, this is surely a very important idea.


  • Automated Bill Tracking: Automated tracking of upcoming bills and due dates, ensuring users are reminded in advance to avoid late payments.
  • Bill Payment Integration: Integration with payment services to enable users to pay bills directly within the app, streamlining the payment process.
  • Budget Integration: Integration with budgeting tools to help users allocate funds for upcoming bills and manage their overall financial health.
  • Customizable Reminders: Customizable reminders for different types of bills, allowing users to prioritize and manage payments efficiently.
  • Late Payment Alerts: Alerts for overdue bills to prevent late fees and maintain a positive financial standing.

Market Insights

  • Downloads: 62 million downloads of bill reminder apps globally in 2023.
  • Market size: Global bill reminder market is expected to reach $2.7 billion by 2027, with a CAGR of 15.4%.
  • Benefits: Reduced late fees, improved financial organization, and peace of mind.
  • Competition: Calendar apps, personal finance management apps, and bill pay services.
  • Future trends: Integration with AI-powered financial assistants, automated bill payments, and personalized alerts based on spending habits.


  • Mint Bills
  • PocketGuard
  • Prism

Bill Reminder Apps

19. E-mortgage Apps

The traditional mortgage process is notoriously cumbersome, paper-heavy, and slow.

Enter e-mortgage apps.

This fintech on-demand app makes everything that much easier, streamlining the journey from pre-approval to closing with automation, data integration, and mobile convenience.

What makes this one of the best fintech application ideas is the fact that these apps offer faster processing, cutting down on paperwork, improved transparency, and provide real-time updates.

In addition to this, e-mortgage apps help businesses reach a wider audience, especially tech-savvy millennials and first-time homebuyers, through mobile app accessibility.

The US e-mortgage market is expected to reach $1.2 trillion by 2028, making it a lucrative prospect for investors. You can have a big chunk of that market if app monetization is done right.


  • Digital Mortgage Applications: Streamlined and user-friendly digital mortgage application processes, allowing users to apply for mortgages online.
  • Document Upload and Verification: Secure document upload and verification processes, reducing paperwork and expediting the mortgage approval process.
  • Real-Time Application Status Updates: Real-time updates on the status of mortgage applications, providing transparency and keeping borrowers informed throughout the process.
  • E-signatures and Digital Contracts: Integration of e-signatures and digital contract capabilities, enabling users to sign mortgage documents electronically.
  • Mortgage Rate Alerts: Alerts for changes in mortgage interest rates, helping users make informed decisions about when to lock in their rates.

Market Insights

  • Market size: US e-mortgage market is expected to reach $1.2 trillion by 2025, with a CAGR of 24.3%.
  • Benefits: Streamlined and faster mortgage application processes, improved transparency, and reduced paperwork.
  • Adoption rate: Still in its early stages, but growing rapidly.
  • Challenges: Data security concerns and integration with traditional lending systems.
  • Future trends: Increased use of artificial intelligence, blockchain technology, and biometric authentication.


  • Rocket Mortgage
  • Quicken Loans
  • LoanDepot

E-mortgage Apps

20. Defi Apps

Want to create a future-proof fintech business? Here’s the best fintech app idea for you.

Defi or decentralized Finance apps.

Seeing the increasing impact of blockchain technologies in FinTech, embracing this advanced technology to start a business or startup is also an undeniably profitable idea.

The best part is that this is a parent category that branches off into a lot of options, covering crypto wallet apps, NFT trading apps, and much more.

Currently, several FinTech startups in 2024 and establishments like LAToken, Veem,, Circle, and PayStand are relying upon this innovative and advanced technology to offer a myriad of options to their targeted user base.

All in all, this is one of the best mobile app ideas to make money.


  • Decentralized Exchanges DEX: Allows users to trade cryptocurrencies directly from their wallets without the need for a centralized exchange, providing more control over assets.
  • Liquidity Pools: Enables users to provide liquidity to decentralized financial protocols and earn interest or rewards in return.
  • Yield Farming: Features that allow users to participate in yield farming by staking or locking up cryptocurrencies to earn additional tokens or rewards.
  • Smart Contracts and Automation: Integration of smart contracts for automated execution of financial agreements, lending, or other decentralized financial services.
  • Crypto Lending and Borrowing: Facilitates decentralized lending and borrowing of cryptocurrencies, providing users with opportunities to earn interest or access funds.

Market Insights

  • Downloads: 48 million downloads globally in 2023.
  • Market size: $150 billion in total value locked TVL as of October 2023 DeFi Llama.
  • Benefits: Decentralized financial services without intermediaries, potentially higher returns on investments, and access to innovative financial products.
  • Risks: High volatility, security vulnerabilities, and lack of regulation.
  • Future trends: Increased adoption of institutional investors, development of Layer 2 scaling solutions, and integration with traditional financial systems.


  • Uniswap
  • Compound
  • Aave

Examples of Defi Apps

21. Investment Portfolio Tracker Apps

Moving a step further in the investment financial app ideas, we have investment portfolio tracker apps.

As the name suggests, these platforms are built in with tools and technology to track progress, fall, or any alert worth changes in your stocks and assets. That’s what makes them a highly sought-after mobile app idea for startups.

With this, traders can gain access to real-time updates and historical performance data, as well as the ability to set custom notifications based on preferences.

Despite the cost to develop the app involved, overall, this idea for fintech businesses has proven to be quite beneficial in the long run.


  • Real-Time Portfolio Updates: Provides real-time updates on the value and performance of investment portfolios, including individual stock holdings, mutual funds, and other assets.
  • Diversification Analysis: Tools that analyze the diversification of investment portfolios, helping users understand and optimize their asset allocation.
  • Historical Performance Tracking: Tracks and displays historical performance data, including returns, losses, and gains, allowing users to evaluate their investment strategy over time.
  • Dividend Tracking: Features for tracking and projecting dividend income from investments that pay dividends.
  • Customizable Alerts: Customizable alerts for price changes, portfolio milestones, and other events that may impact investment decisions.

Market Insights

  • Downloads: 32 million downloads globally in 2023.
  • Active users: 25% of investors use a portfolio tracker app Charles Schwab.
  • Benefits: Real-time tracking of investment performance, diversification analysis, and automated rebalancing tools.
  • Competition: Wealth management firms, Robo-advisors, and financial news platforms.
  • Future trends: Integration with AI-powered insights, personalized investment recommendations, and gamified features to encourage engagement.


  • Personal Capital
  • SigFig
  • Morningstar

Investment Portfolio Tracker Apps

22. Expense Sharing & Splitting Apps

Let’s discuss expense sharing & splitting apps.

These apps let users share their bills with friends and split them respectively. These apps are growing very popular and stand as an advanced option in wallet app ideas.

If you already have a working eWallet app, you can add this feature to the same via application integration. Or you can build it ground up as a stand-alone platform too.

All in all, this is one of the best fintech app ideas that’s trending in the market right now.


  • Group Expense Tracking: Allows users to track shared expenses within groups, making it easy to split bills and settle debts among friends or colleagues.
  • Equitable Expense Splitting: Features that calculate and suggest equitable ways to split expenses, taking into account individual contributions and preferences.
  • Receipt Upload and Scanning: This enables users to upload or scan receipts for shared expenses, providing transparency and an organized record of spending.
  • Multiple Payment Methods: Supports various payment methods for settling shared expenses, including direct transfers, mobile payments, or integrated payment platforms.
  • Expense Reports: Generates detailed expense reports, simplifying the process of reconciling shared expenses and settling debts.

Market Insights

  • Downloads: 240 million downloads globally in 2023.
  • Active users: 40% of millennials use an expense sharing app Venmo.
  • Benefits: Easy splitting of bills and group expenses, tracking of individual contributions, and reminders for outstanding payments.
  • Competition: P2P payment apps, bank-integrated splitting features, and social media platforms with similar functionalities.


  • Splitwise
  • Settle Up
  • Tricount

Expense Sharing & Splitting Apps

23. Tax Filing Apps

What if you combine taxi filing with expense manager app development? You get tax filing apps.

Truth be told, tax season can be stressful and complex, even for the most organized individuals.

This is where tax filing apps come in, simplifying the process through automated data entry, tax deduction optimization, and expert guidance

The global tax preparation software market is projected to reach $18.8 billion by 2026, presenting substantial investment opportunities.

Powered AI solution development, these platforms are super capable, making them one of the best product ideas for fintech businesses.


  • User-Friendly Interface: Provides a user-friendly interface for easily inputting tax-related information, making the tax filing process accessible to individuals.
  • Guided Tax Preparation: Guides users through the tax preparation process with step-by-step instructions, ensuring completeness and accuracy.
  • Integration with Financial Accounts: Allows users to import financial data directly from banks, investment accounts, and other sources, reducing manual data entry.
  • Tax Deduction Suggestions: Offers suggestions and reminders for potential tax deductions based on users’ financial situations, helping optimize tax outcomes.
  • E-filing and Quick Refunds: Supports e-filing of tax returns and provides options for direct deposit of tax refunds, ensuring a faster and more convenient tax-filing experience.

Market Insights

  • Downloads: 43 million downloads globally in 2023.
  • Active users: 20% of taxpayers use the tax filing app Intuit.
  • Benefits: Simplified tax preparation process, guided instructions, and error detection tools.
  • Competition: Traditional tax preparation software, accountants, and government websites.


  • TurboTax
  • H&R Block
  • TaxAct

Tax Filing Apps Examples

How Nimble AppGenie Can Help You to Build Your FinTech Product?

Do you have a unique fintech app idea that you want to bring to reality? We are here to help you.

Nimble AppGenie is a market-leading Fintech app development company here to help you. So, what makes it right for your next project?

With over 700+ projects and years’ worth of experience, our team of developers have worked on some of the top names in the market.

This is what makes us the perfect app development partner for your next venture.

We have a team of app developers equipped with the right tools and technologies to convert your eWallet app ideas into reality.

Hire app developers to turn your fintech startup ideas into digital assets.

CTA1_ Turn Fintech Idea To Reality & Become Next Big Name In Market


Do you want to disrupt the market with a unique fintech startup? Well, join the line of thousands. While there is a lot of competition in fintech market, with a unique app idea, you can take over the market and generate billions in profit, much like a lot of other platforms are doing. In this blog, we discussed a lot of important fintech app ideas that are set to change the market. And with this, we conclude the blog.


Starting a fintech startup involves several key steps. Begin with thorough market research to understand current trends and identify potential gaps. Define your niche within fintech, create a comprehensive business plan, and assemble a strong team with diverse skills. Ensure compliance with financial regulations, develop a prototype to test your concept, seek funding from investors, and continuously iterate based on user feedback.

  • Open Banking: Facilitates sharing financial information between banks and third-party financial service providers.
  • Blockchain and Cryptocurrencies: Increasing adoption of blockchain for secure and transparent transactions, along with the rise of cryptocurrencies.
  • Artificial Intelligence AI and Machine Learning ML: Enhancing fraud detection, risk management, and customer service.
  • Digital Wallets and Payments: The growth of mobile payments, digital wallets, and contactless transactions.
  • RegTech: Solutions to help businesses comply with regulations efficiently through technology.

Explore emerging opportunities in:

  • Decentralized Finance DeFi
  • Personal Finance Management
  • Green Finance
  • Insurtech
  • Embedded Finance

  • Blockchain: Enabling secure and transparent transactions, especially in cryptocurrencies and smart contracts.
  • Artificial Intelligence AI and Machine Learning ML: Enhancing fraud detection, risk assessment, and customer experience.
  • APIs and Open Banking: Facilitating collaboration and data sharing between financial institutions and third-party providers.
  • Robotic Process Automation RPA: Streamlining repetitive tasks and processes.
  • Biometrics: Enhancing security through fingerprint, facial recognition, and other biometric authentication methods.

Validate your fintech app idea through:

  • Market Research
  • Proof of Concept PoC
  • User Feedback
  • Prototype Testing
  • Competitor Analysis
  • Financial Feasibility

The minimum capital required varies based on factors such as business nature, scale, and regulatory requirements. Conduct a thorough financial analysis, considering development costs, marketing, regulatory compliance, and operational expenses.

Explore revenue streams like:

  • Subscription Models
  • Transaction Fees
  • Licensing and White-Labeling
  • Advertising and Partnerships
  • Data Monetization
  • Cross-Selling and Up-Selling
  • Crowdfunding or Investments