
Best Financial Software – The Ultimate List
Financial software quickly became one of the most important tools of everyday people. No matter if it’s digital nomads or more conventional digital users – everyone wants to have control over money. And have means of this control. Financial software is increasingly based on mobile devices, which require both solid architecture and thought-out functionalities. Which products are worth the user’s time?
What counts as financial software?
Before we answer that, let’s consider a simple fact – not every product can be called “financial software”. There are some unspoken rules.
First of all, the product should simplify a user’s life. Give access to a bank account or open banking solutions. Give access to at least a few payment options. It should also help unbanked in poorer countries, where traditional financial or technical infrastructure excludes vast groups of people from reaching their potential.
The investment would also be good since many people want to be part of local or even global financial markets. Financial software should help them with that, giving them a chance to multiply their savings. Virtual assistants can do that, providing answers to frequently asked questions.
All of this raises the question of security and protecting user data. Tailored FinTech software development services should help with that, providing an implemented list of features protecting the app.
The criteria for successful financial software
FinTech became so successful because it focused on what people really needed instead of what corporations wanted them to care about. FinTech is largely for people that are not necessarily technical savvy. That’s absolutely OK. Financial software came to the rescue by simplifying the design of applications, without sacrificing performance and features. Smooth UX/UI design, provided by financial software development services companies surely helped with that.
Financial software should be simple but not dumbed down. Applications should provide quick access to all basic and most important functionalities and offer more for advanced users. Security should be an absolute priority in any case; it builds credibility and helps companies gain traction with their product. Security is also an important part of compliance, which is a must for all the FinTechs out there.
FinTech is demanding
Creating a performing FinTech application is not an easy thing to do. The market is saturated and with fierce competition entering it every year, it’s increasingly difficult to stand out. That’s why it’s important to cover the basics in the best way possible. A financial software development company should always start by understanding the business and go from there. No matter if it’s insurance, law, or loan software, for example.
The list of financial software products
Addepar
The company’s platform aggregates portfolio, market, and client data all in one place. It provides asset owners and advisors a clearer financial picture at every level, allowing them to make more informed and timely investment decisions. Addepar works with hundreds of leading financial advisors, family offices and large financial institutions that manage data for over $2.5 trillion of assets on the company’s platform. In 2020, Addepar was named as a Forbes Fintech 50 company and honored as a member of the CB Insights Fintech 250.
- Data Aggregation
- Financial Asset Management
- Reporting
Chainalysis
Backed by Benchmark and other leading names in venture capital, Chainalysis builds trust in blockchains.
- Bitcoin
- Analytics
- Investigation Tools
- Compliance
Currencycloud
- International Payments
- Low Cost Payments
- Foreign Exchange
Curve
- Payments
- CashBack
- eWallet
- Credit Card
- Debit Card
Dealogic
- Investment Banking
- Capital Markets
- Trading & Research
- Capital Markets Analysis
Need custom financial software?
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emerchantpay
- Credit Card Processing Services
- Alternative Payment Methods
- Online Billing
Exus
- Debt Collection Software
- Credit Scoring Software
Leonteq
Leonteq acts as both a direct issuer of its own products and as a partner to other financial institutions. Leonteq further enables life insurance companies and banks to produce capital-efficient, unit-linked savings and drawdown solutions with guarantees.
- Structured Investment Products
- Investment Technology Platform
M1 Finance
M1’s platform is free, easy to use, and loaded with powerful features. You can use it on your iPhone, Android, or desktop computer.
- Personal Finance
- Financial Asset Management
Medius
Their modular spend management suite includes solutions for strategic sourcing, contract management, procurement, accounts payable automation, payments, and supplier management as well as data insights tools bringing control, compliance and cost savings throughout the entire source-to-pay process.
- Invoice Automation
- Expense Management
Need custom financial software?
Please book a meeting so we can learn more about your needs and find the right solution
Modulr
- Payments
- Business Banking
Plus500
Plus500 is a provider of Contracts for Difference (CFDs), delivering trading conditions on Shares, Forex, Commodities, and Indices alongside innovative trading technology. With the platform, you can monitor your balance, equity, and margin at all times. It provides real-time charts and live streaming quotes as well as multi-language 24/7 support.
- Contracts for Difference
Railsbank
The Railsbank platform enables marketers, product managers, developers to take their financial product vision and rapidly prototype, launch and scale using its open finance platform, financial operations, regulatory licensing, and rich set of APIs. Using Railsbank’s super simple APIs as building blocks, customers can build pretty much any financial use-case they can imagine.
- Banking as a Platform
- Embedded Finance
- Banking APIs
Raisin
Raisin provides an open banking infrastructure for the global deposit market that benefits banks and savers alike. For savers, it means more product choice and decision power, customer-facing institutions like banks benefit from best-in-class savings marketplace solutions for their own customers, and deposit-taking banks receive better access to deposit funding.
- Savings
- Deposits
- Investments
Solarisbank
Through APIs, partners gain access to Solarisbank’s modular services including payments and e-money, lending, digital banking as well as services provided by integrated third-party providers. Through this, Solarisbank creates a highly developed technological banking ecosystem for fintechs and established digital companies, as well as banks and corporates.
- Payments
- Banking as a Service
- E-money
- Lending
Need custom financial software?
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Taxfix
- Bookkeeping
- Accounting
- Tax Declaration
TrueLayer
- Bank API
- Payments API
- Open Banking
Yoco
- Payments
- Point of Sale
- mCommerce
Zuto
- Car Finance
- Car Loans
- Car Buying Advice
Appway
Their software automates and accelerates core business processes, such as the onboarding of new clients, managing changing client circumstances, and regulatory reviews.
- Business Process Management
Need custom financial software?
Please book a meeting so we can learn more about your needs and find the right solution
Ascentric
- Investment Platform
- In-House Stockbroking Service
Calastone
- Money Market Services
- Order Routing
- Managed Funds
CellPoint Digital
CellPoint offers two omnichannel and modular platforms: Velocity, a payment orchestration platform that optimizes digital payment transactions, from cards or alternative payment methods; and Voyage, a full platform that masters the entire customer sales cycle (Promote, Sell, Pay, Serve) and optimizes the end-to-end conversion rate.
- Digital Payments
City Index
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Capital at risk.
- Spread Betting
- Forex Trading
- CFD Trading
Divido
- Retail Finance
- Consumer Lending Software
Need custom financial software?
Please book a meeting so we can learn more about your needs and find the right solution
Freetrade
In order to offer commission-free trading and an ever-improving feature set sustainably, they have built their own engineering system called “Invest by Freetrade” that allows them to execute your trades much cheaper and faster than using third-party solutions. They don’t charge commissions on trades. They have freemium pricing model where you can pay for the premium features you want.
- Investing
- Personal Finance
- Stocks
Habito
Habito technology analyses every mortgage on the market from over 70 lenders to find the best one in seconds. Once they find you the right mortgage, they’ll be with you every step of the way. You’ll have a dedicated mortgage expert who will keep you updated with the progress of your application from start to finish, and will always be on the end of the phone or live chat to answer your questions.
- Mortgage
- Remortgage
iBanFirst
- IBAN Accounts
- International Payments
- Multi-Currency Account
Kuda
The bank provides services through its suite of apps for Android phones, iPhones and the web, allowing everyday Nigerians with internet access to operate a spending account, access instant credit, save money automatically and earn annual interest without the burden of traditional bank charges such as card maintenance fees, account maintenance fees and excessive transfer fees. It also issues free debit cards which are delivered across Nigeria at no cost.
- Digital Banking
Lydia
With the app users can: spend money abroad without any fee on payments nor withdrawals; pay contactless anywhere using any mobile device (no amount limit, fully secured); manage all of your bank accounts from one single app; send money instantly using phone number; pay online safely using unlimited Internet Cards; set-up Shared Accounts to share expenses fairly.
- Mobile Banking
- Payments
Need custom financial software?
Please book a meeting so we can learn more about your needs and find the right solution
MarketFinance
Their online platform was built from the ground up with small businesses in mind, and it is as frictionless as possible, so entrepreneurs can unlock finance in just a few clicks.
- Invoice Finance
- Flex Loans
Moss
With smart corporate credit cards, digital invoice management, and automated accounting, Moss allows companies to manage all of their spendings easily and transparently. And efficiently drive their core business with digital workflows.
- Expense Management
- Receipt Capture
- Accounting Integration
Nexo
The company’s mission is to maximize the value and utility of cryptocurrencies by offering tax-efficient Instant Crypto Credit Lines, a high-yield Earn Crypto Interest product, Send & Pay capabilities, and sophisticated trading & OTC services, all while providing the top-tier custodial insurance and military-grade security of the Nexo Wallet.
Nexo manages assets for over 2М users across 200+ jurisdictions and has processed over $30 billion since its launch in 2018.
- Cryptocurrency
- Digital Assets
- Lending
- Credit Cards
Novo
- Payments
- Invoicing
- Check Deposit
- Digital Banking
Oakam
- Loans and Financial Services
Need custom financial software?
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Parmenion
- Investment Management
- Discretionary Fund Management
- Investment Risk
Paysend
- Card to Card Transfers
- Money Transfer
Qover
- InsurTech
- Embedded Insurance
Scalable Capital
For private individuals, Scalable Capital offers digital wealth management and a broker with a trading flat rate. In digital wealth management, the company creates and manages globally diversified ETF portfolios for its clients with sustainable investment strategies when desired. The broker enables private individuals to trade shares, ETFs, Crypto ETPs, funds, and derivatives themselves and to set up ETF and stock savings plans.
- Digital Investment Management
Swoop
With Swoop you can get matched to 1000’s of funding providers. Swoop combines its advanced matching algorithm with decades of funding experience to identify the best options for your business.
- Business Loans
- Equity Investment
- VC Funding
Need custom financial software?
Please book a meeting so we can learn more about your needs and find the right solution
Sygnum Bank
Sygnum clients can use their deposited CHF, USD, EUR and SGD to invest in leading digital assets, including protocol tokens such as Bitcoin, Ethereum, XRP, Bitcoin Cash and Tezos, a Digital CHF for instant settlement, and asset tokens.
- Digital Assets
- Asset Management
- Crypto Currencies
Tandem Bank
- Digital Banking
- Personal Finance
- Mortgages
- Loans
- Credit Cards
Treasury Intelligence Solutions
- Corporate Payments
- Cash Flow & Liquidity Management
Vodeno
Vodeno Cloud Platform is the most comprehensive ready to use solution for Retail & SME Banking enabled by advanced API technology and the world’s first banking platform to be based entirely on Google Cloud, complying with strict regulations and allowing innovation at speed. The Platform, built by Vodeno engineers, is a unique composition of micro-services operating within a scalable lambda architecture and with native support of big data processing. Being fully cloud-based and API-enabled, Vodeno platform simplifies migration from any legacy core banking systems or other in-house solutions.
- Banking as a Service
- Retail & SME Banking
- API Technology
Walker Crips
- Stockbrokers
- Investment Management
- Wealth Management
- Pensions
Need custom financial software?
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Wirex
- Payment Solutions
- Cryptocurrency Exchange
Yapily
They connect to thousands of banks using a secure open API, removing the complexity and enabling seamless access to financial information and payment infrastructure.
- Open Banking
- Open Finance
- API
Aire
- Credit Scoring
- Credit Risk
CrowdProperty
It is a profitable fintech lending innovator that matches demand that property professionals undertaking property projects and supply that is retail investors of capital for value-creating property projects that enable clients to get a better dealfor the borrowers, lenders, the under-supplied housing environment, and increased spend in the economy.
- Property Investment
- Property Finance