FinTech Software

FinTech Software Overview

FinTech is a broad umbrella category of software products and services that employ technology in innovative ways to improve or compete with traditional financial services. This software offers attractive rates and fees, ease of use, convenient access, and better service. Leveraging the internet, mobile devices, and cloud services FinTech software has produced a revolution in the way businesses and people make payments, borrow, invest, and save money without the need for a traditional bank. FinTech software uses machine learning, AI (Artificial Intelligence), BI (Business Intelligence), and biometrics to help power its features and capabilities.

FinTech software is used for:

  • Mobile Payment Platforms (smartphone payment apps, contactless payment)
  • Personal Finance (mobile banking, budgeting, saving, investing, and borrowing)
  • Stock Trading and Advising (Robo advising and trading)
  • Blockchain and Cryptocurrency (payments, wallets, smart contracts, asset tokenization)
  • Crowd Funding (fund-raising small amounts from many contributors)
  • Lending
  • Insurance (InsurTech - personalized insurance products for car, home, health)
  • Regulatory, Compliance, and Risk (RegTech - managing risk, fraud, compliance, and regulations).
  • Consumer Price Comparison

FinTech software is used by B2B, B2C, and individuals.

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FinTech Products

(1-25 of 38) Sorted by Most Reviews

The list of products below is based purely on reviews (sorted from most to least). There is no paid placement and analyst opinions do not influence their rankings. Here is our Promise to Buyers to ensure information on our site is reliable, useful, and worthy of your trust.
PayPal Payments Pro

PayPal Payments Pro is an enterprise-class ecommerce payment solution, that provides payment processing security to build a professional-grade ecommerce site. It can be configured to meet business needs and works across devices. Users can tap into over 390 million active customer…

Stripe

Stripe

Customer Verified
Top Rated

Stripe is a payment gateway software solution which supports a range of payment related needs such as subscription management and recurrent billing via Stripe Billing, integration with third party payment services via the Stripe Connect API, assistance starting an Internet business…

Coinbase

Coinbase is a digital currency exchange (Coinbase Pro) and crypto-oriented software solution suite for businesses, including hosted checkout pages, payment buttons, invoicing, and multiple ecommerce integrations (Coinbase Commerce), a turnkey solution for brokerages, exchanges, and…

Square Payroll

Square Payroll is a payroll solution for hourly employees, from Square headquartered in San Francisco, California.

Square Invoices

Square Invoices is a software invoicing solution from Square headquartered in San Francisco, California.

E*TRADE

E*TRADE is a financial services company and pioneer in the online brokerage industry. Having executed the first-ever electronic trade by an individual investor more than 30 years ago, the Company focused on delivering complete and easy-to-use solutions for traders, investors and…

Apple Pay

Apple Pay is a payment gateway the vendor states gives customers an easy, secure, and private way to pay in stores, within apps, on the web, and in Business Chat.

GoFundMe Charity (formerly CrowdRise)

GoFundMe acquired CrowdRise in 2017 and offers it now offers GoFundMe Charity, based on the former product, a fundraising platform emphasizing the needs of non-profit organizations rather than individuals.

Kabbage Platform (Radius Intelligence)

The Kabbage Platform is a lending technology providing automated underwriting, as well as ongoing data monitoring to control risk and improve performance, and instant decisioning. The Kabbage Platform is powered by the former Radius Intelligence (or Radius) SMB intelligence and…

Venmo for Business

Venmo for Business supports touch-free transactions and provides customers a secure and simple way of paying. Businesses can accept payments virtually through the app, and in-person with a unique business QR code. Business's can turn the QR code into an eye-catching point-of-sale…

GoFundMe

GoFundMe is a online fundraising platform, supported by the company of the same name in Redwood City.

Circle

Circle, headquartered in Boston, is a financial technology firm that enables businesses of all sizes to harness stablecoins and public blockchains for payments, commerce and financial applications worldwide. The vendor states Circle's platform has supported over 100 million transactions…

MoneyLion

MoneyLion, headquartered in New York with offices in Sioux Falls, Salt Lake City, San Francisco and Kuala Lumpur, is a mobile finance platform described by the vendor as a tool to enable consumers to take control of their financial lives through better products for borrowing, saving,…

Chime Online Banking

Chime is an online banking solution from the company of the same name in San Francisco, allowing users to track account balances, daily transactions, and savings from anywhere with the Chime mobile app, and get daily balance notifications and instant transaction alerts any time for…

Prosper Marketplace

Prosper is a digital loan marketplace that enables people to lend out money to others or request money for themselves, outside of the traditional banking structures.

Xoom, a PayPal Service

Xoom, a PayPal Service, is an online money transfer service for quickly sending money internationally.

Kickstarter

Kickstarter is a community platform from the company of the same name in Brooklyn, that aims to help artists, musicians, filmmakers, designers, and other creators find the resources and support they need to make their ideas a reality.

Coinbase Commerce

Coinbase Commerce is a platform that helps merchants anywhere in the world accept cryptocurrency payments in a fully decentralized way that displays instructions on how to send funds directly to merchants, and monitors the blockchain for the transaction. After a valid payment is…

Coinbase Analytics

Coinbase Analytics supports crypto compliance for governments, financial institutions, and crypto businesses, and connects cryptocurrency transactions to real-world entities using public blockchain attribution data, enabling users to monitor risk on millions of addresses. Users can…

Coinbase Wallet

Coinbase Wallet is presented as an easy and secure crypto wallet with support for over 500 tokens, secure storage (biometric authentication, cloud backup, etc.) and available without a Coinbase account.

Coinomi

Coinomi is a multi-chain, defi-ready, cross-platform wallet for bitcoin, altcoins & tokens. The vendor boasts it has never been hacked, and has millions of users.

Blockchain App Factory

Blockchain App Factory is a blockchain business development company headqduartered in Chennai, that serves as the foundation of businesses in the blockchain ecosystem, boasting expertise and enthusiasm in blockchain enable us to craft a marvellous product to nourish the business…

Ethereum

Ethereum is a community-run technology powering the cryptocurrency, ether (ETH) and thousands of decentralized applications.

robinhood

Robinhood provides trading in stocks, ETFs and options is offered through Robinhood Financial LLC, member SIPC (sipc.org). Cryptocurrency trading is offered through Robinhood Crypto, LLC. Robinhood Crypto is licensed to engage in virtual currency business activity by the New York…

Betterment

Betterment is an investing and savings app that serves one purpose—to help you grow your money. For one low, transparent fee, you can invest your money with automatic deposit and trading features that put your money to work. Earn with interest and investment growth—plus maximize…

Learn More About FinTech Software

What is FinTech Software?

FinTech is a broad umbrella category of software products and services that employ technology in innovative ways to improve or compete with traditional financial services. This software offers attractive rates and fees, ease of use, convenient access, and better service. Leveraging the internet, mobile devices, and cloud services FinTech software has produced a revolution in the way businesses and people make payments, borrow, invest, and save money without the need for a traditional bank. FinTech software uses machine learning, AI (Artificial Intelligence), BI (Business Intelligence), and biometrics to help power its features and capabilities.

FinTech software is used for:

  • Mobile Payment Platforms (smartphone payment apps, contactless payment)
  • Personal Finance (mobile banking, budgeting, saving, investing, and borrowing)
  • Stock Trading and Advising (Robo advising and trading)
  • Blockchain and Cryptocurrency (payments, wallets, smart contracts, asset tokenization)
  • Crowd Funding (fund-raising small amounts from many contributors)
  • Lending
  • Insurance (InsurTech - personalized insurance products for car, home, health)
  • Regulatory, Compliance, and Risk (RegTech - managing risk, fraud, compliance, and regulations).
  • Consumer Price Comparison

FinTech software is used by B2B, B2C, and individuals.

FinTech Software Features

The features offered by FinTech software products vary greatly depending on the type of services they provide. FinTech software products will share many of these features.

  • 24-hour online availability
  • Mobile access
  • User-friendly apps
  • Personalization
  • Fully digital experience with no human intervention needed
  • Virtual assistants and chatbot support
  • Alerts and notifications through apps, text, or email
  • Transaction history
  • Analytics and Reporting
  • Machine Learning
  • Artificial Intelligence (AI)
  • Business Intelligence (BI)
  • Biometrics
  • Software-as-a-Service (SaaS)

FinTech Software Comparison

Consider the following when purchasing FinTech software.

Use Case: FinTech software includes a wide variety of products and services, with many vendor offerings for each type of software. Products are scaled for businesses, industries, and individuals. Evaluating the products within the targeted service category will enable you to find one that includes the features, convenience, and price points you need.

Due Diligence: Depending upon the FinTech product, it is important to evaluate the security, privacy, performance, risk management, and compliance record of the FinTech company. For example, a community bank that is considering a FinTech partner would review Federal Reserve and FDIC recommendations for the partnership. Ascertain whether there are any regulatory issues related to the service and how you might be impacted by them. Certain crowdfunding efforts are now subject to regulation depending on how they are structured.

Pricing Information

FinTech software products can range from no cost to tens of thousands of dollars. Each type of service will have its own range of pricing. Pricing for enterprise-level products is more costly than for products that are satisfactory and sufficient for small businesses and individuals. Often these prices can be obtained from vendor websites, however, some products require obtaining a quote from the vendor. Free trials are available.

Frequently Asked Questions

What does FinTech software do?

FinTech software uses technology to offer innovative financial products and services. They are more convenient, less costly, and easier to use than traditional financial services. Internet, mobile device, and cloud-based FinTech products have changed the way businesses and people make payments, trade securities, purchase insurance, borrow, save, and invest.

What are the benefits of using FinTech software?

FinTech software offers flexibility, convenience, ease of use, and anytime, anywhere access to financial products and services. It provides customized, personalized service. The software helps to streamline business operations, save money, increase revenue, and promote customer acquisition and satisfaction.

How much does FinTech software cost?

Depending on the product FinTech software can be free of charge or cost thousands of dollars. Each type of financial product will have its own range of pricing. Prices can be obtained from vendor websites; however, some products will require a vendor price quote. Free trials are available.