Chicago fintech teams can choose from local product studios, enterprise consultancies, and distributed engineering providers with experience in regulated financial software. The companies below cover banking platforms, payments, lending, investment technology, legacy modernization, data engineering, and customer-facing applications. Their different delivery models make it easier to compare focused product teams with larger firms suited to complex transformation programs.
1. Itexus
Itexus develops custom software for banks, credit unions, brokers, investment managers, insurers, and fintech product companies for organizations in Chicago. Its work covers digital banking, payments and wallets, lending systems, trading platforms, wealth management tools, KYC and AML integrations, and financial data products. The company handles discovery, architecture, UX, engineering, quality assurance, cloud delivery, and long-term support.
Chicago clients can use Itexus for a new fintech product, an integration-heavy platform, or modernization of an existing financial system. Its delivery model combines a US business presence with European engineering capacity, which can suit organizations that need domain knowledge and a dedicated development team without limiting the search to local hiring.
Key Facts
- Best for: Custom fintech products and regulated financial platforms
- Core services: Fintech software development, fintech consulting, product design, system integration, QA, DevOps
- Financial capabilities: Digital banking, payments, lending, trading, wealth management, insurance technology
- Delivery coverage: Serves financial organizations across North America, including Chicago
- Founded: 2013
Contact Information
- Website: itexus.com
- E-mail: moc.suxeti@ofni
- Facebook: www.facebook.com/itexus
- Twitter: x.com/ItexusSoft
- LinkedIn: www.linkedin.com/company/itexus
- Instagram: www.instagram.com/itexus.soft
- Address: 8, The Green, STE road, Dover, DE 19901
2. Highland
Highland is a Chicago digital product consultancy with a dedicated financial services practice. Its teams help financial institutions and fintech ventures research opportunities, design customer experiences, and build new software products. Relevant work includes open banking, embedded finance, core digital transformation, and tools intended to improve how customers interact with financial services.
The company is a practical option for organizations that need product strategy and customer research before development begins. Highland keeps those activities connected to design and engineering, which can reduce the gap between an early concept and the software delivered to customers.
Key Facts
- Best for: Financial product discovery and customer experience projects
- Core services: Product strategy, research, UX design, digital product development
- Financial capabilities: Open banking, embedded finance, fintech product development, digital transformation
- Experience: More than 25 years in digital product work
Contact Information
- Website: www.highlandsolutions.com
- Email: moc.snoitulosdnalhgih@ksa
- LinkedIn: www.linkedin.com/company/highland-chicago
- Phone: +1 312 863 7500
- Address: 125 S Clark St, Suite 670, Chicago, IL 60603
3. Velvetech
Velvetech builds custom software from its US offices in Chicago and South Florida. The company works across web, mobile, cloud, data, automation, and integration projects, with fintech included among its industry areas. Its engineering experience is applicable to payment workflows, customer portals, analytics products, and internal financial systems that need to exchange data with existing business platforms.
The firm supports full product builds as well as modernization and extension of deployed software. That range can suit mid-sized companies that want one team to cover application engineering, infrastructure, integrations, and post-launch support.
Key Facts
- Best for: Mid-market financial software and connected business platforms
- Core services: Custom software development, mobile apps, cloud engineering, data solutions, integrations
- Financial capabilities: Fintech applications, workflow automation, analytics, secure platform development
- Chicago presence: Operates an office in Chicago
Contact Information
- Website: velvetech.com
- E-mail: moc.hcetevlev@selas
- Facebook: www.facebook.com/velvetech
- Twitter: x.com/velvetech
- LinkedIn: www.linkedin.com/company/velvetech
- Instagram: www.instagram.com/velvetech
- Address: 5440 N. Cumberland Ave, Suite 150, Chicago, IL 60656, USA
- Phone: +1 (847) 559-0864
4. SPR
SPR is a Chicago technology consultancy that develops and modernizes custom software for financial services organizations. Its capabilities span application engineering, cloud, data, user experience, AI, and quality engineering. The company can work on customer-facing digital products as well as operational platforms that support reporting, workflow automation, and secure access to financial data.
Its long operating history and broad technical scope make SPR more suitable for established organizations with interconnected systems than for a narrowly defined design-only engagement. Teams can use the firm for new development, modernization, or a program that combines application, data, and cloud work.
Key Facts
- Best for: Enterprise financial software modernization
- Core services: Custom software, cloud, data engineering, AI, UX, quality engineering
- Financial capabilities: Secure financial applications, platform modernization, analytics, workflow automation
- Experience: More than 50 years in technology services
Contact Information
- Website: spr.com
- Twitter: x.com/\_SPRConsulting
- LinkedIn: www.linkedin.com/company/spr
- Address: 233 South Wacker Drive, Suite 3500, Chicago, Illinois 60606
- Phone: 312-756-1760
5. Thoughtworks
Thoughtworks is a Chicago-founded global technology consultancy that combines software engineering, product design, data, AI, and modernization services. Its financial services work covers banks, credit providers, and fintech companies dealing with legacy platforms, digital channels, engineering productivity, and data-intensive operations.
The company is structured for large transformation programs where software delivery must align with architecture, organizational change, and governance. It may be a stronger fit for an established bank or scaled fintech than for a small MVP with a limited feature set and budget.
Key Facts
- Best for: Large financial services transformation programs
- Core services: Software engineering, product development, data and AI, platform modernization
- Financial capabilities: Banking technology, digital channels, financial data platforms, engineering transformation
Contact Information
- Website: www.thoughtworks.com
- Email: moc.skrowthguoht@su-tcatnoc
- Facebook: www.facebook.com/Thoughtworks
- Twitter: x.com/thoughtworks
- LinkedIn: www.linkedin.com/company/thoughtworks
- Instagram: www.instagram.com/thoughtworks
- Address: 200 E Randolph St, 25th Floor, Chicago, IL 60601-6501
6. LaunchPad Lab
LaunchPad Lab is a Chicago-based digital product consultancy with a defined financial services software practice. It builds client and account portals, compliance workflows, lending and onboarding tools, reporting systems, and integrations that connect custodians, CRMs, and systems of record. Salesforce, Heroku, Ruby on Rails, React, and PostgreSQL are among the technologies used in its financial projects.
The company is particularly suited to mid-market financial teams that need to add a modern application layer around an existing core platform. Its combination of product strategy, development, and managed support also works for organizations that want continuity after the first release.
Key Facts
- Best for: Mid-market financial portals and workflow systems
- Core services: Web and mobile development, product strategy, UX design, managed support
- Financial capabilities: Client portals, compliance workflows, custodian data integrations, loan origination
- Technologies: Salesforce, Heroku, Ruby on Rails, React, PostgreSQL
Contact Information
- Website: launchpadlab.com
- Email: moc.baldaphcnual@tcatnoc
- Facebook: www.facebook.com/LaunchPadLab
- LinkedIn: www.linkedin.com/company/launchpad-lab
- Instagram: www.instagram.com/launchpadlab
- Phone: +1 312 888 9651
- Address: 448 N La Salle Dr, Floor 9, Chicago, IL 60654
7. Caxy
Caxy develops financial services software from its Chicago headquarters. The company builds modern application layers that connect with core banking platforms such as Jack Henry, Fiserv, and FIS. Its work includes digital account opening, member portals, mobile experiences, middleware, analytics, and AI-supported processes for community banks, credit unions, and fintech businesses.
Its financial practice is useful for institutions that cannot replace a core system but need better digital access to the data and workflows around it. Caxy also provides legacy modernization, cloud architecture, technology assessments, and product strategy, giving clients several entry points before a full build.
Key Facts
- Best for: Community banks and credit unions modernizing around core systems
- Core services: Custom software, product strategy, cloud architecture, modernization, AI and ML
- Financial capabilities: Digital onboarding, member portals, banking middleware, analytics
- Cloud capability: AWS Advanced Consulting Partner
Contact Information
- Website: www.caxy.com
- Twitter: x.com/caxy
- LinkedIn: www.linkedin.com/company/caxy-inc-
- Instagram: www.instagram.com/caxygram
- Address: 212 W Van Buren St, Suite 1000, Chicago, IL 60607
8. Foxbox Digital
Foxbox Digital is a Chicago-headquartered product development agency working across mobile, web, AI, new product builds, and platform rebuilds. Its fintech experience includes work for Rain, a cryptocurrency brokerage, and Versapay, a financial technology company focused on accounts receivable and payments.
The agency can support product strategy, design, engineering, maintenance, and added development capacity. This structure is relevant to fintech teams that already have product leadership but need experienced engineers, as well as companies seeking one partner to take a mobile or web product from planning through release.
Key Facts
- Best for: Mobile and web fintech product development
- Core services: Product strategy, UX design, mobile development, web development, AI, maintenance
- Financial capabilities: Cryptocurrency products, payment applications, customer-facing fintech experiences
Contact Information
- Website: foxbox.com
- LinkedIn: www.linkedin.com/company/foxbox-digital
- Address: 211 W Wacker Dr, Suite 120 #1090, Chicago, IL 60606
9. Simform
Simform provides custom software development services to Chicago businesses through a distributed engineering model. Its teams cover product engineering, cloud and platform work, data, AI, web applications, mobile products, quality engineering, and DevOps. Financial organizations can use those capabilities for customer applications, internal platforms, data pipelines, and cloud modernization.
The company works with enterprises, software vendors, and growing businesses that need additional engineering capacity or a managed delivery team. Its scale is useful when a fintech project requires several disciplines at once or must expand beyond an initial product release.
Key Facts
- Best for: Scaled product engineering and dedicated development teams
- Core services: Custom software, cloud engineering, data engineering, AI, DevOps, QA
- Financial capabilities: Digital products, data platforms, cloud modernization, enterprise integrations
- Chicago coverage: Provides custom software development services for Chicago organizations
- Team size: More than 1,200 professionals
Contact Information
- Website: www.simform.com
- Facebook: www.facebook.com/simform
- Twitter: x.com/simform
- LinkedIn: www.linkedin.com/company/simform
- Phone: 13212372727
- Address: 111 North Orange Avenue, Suite 800, Orlando, Florida 32801, United States
10. ELEKS
ELEKS is a global software engineering company with an office in Chicago and an established fintech practice. It provides application development, enterprise software, cloud engineering, data and AI, cybersecurity, product design, quality assurance, and legacy modernization. Financial clients can also use dedicated teams when they need to extend internal delivery capacity.
The firm fits complex projects that combine software engineering with security, data, or modernization requirements. Its distributed delivery network is also useful for organizations that want a Chicago point of contact backed by engineering teams across several regions.
Key Facts
- Best for: Complex fintech engineering and modernization programs
- Core services: Application development, cloud, data and AI, cybersecurity, QA, product design
- Financial capabilities: Fintech platforms, enterprise financial applications, risk and fraud systems
- Chicago presence: 625 W Adams St, Chicago, IL 60661
- Delivery model: Global engineering teams and dedicated teams
Contact Information
- Website: eleks.com
- Facebook: www.facebook.com/ELEKS.Software
- Twitter: x.com/ELEKSSoftware
- LinkedIn: www.linkedin.com/company/eleks
- Address: 625 W Adams St, Chicago, IL 60661
- Phone: +1-708-967-4803
11. SoftServe
SoftServe is a digital engineering and consulting company with a Chicago office and a financial services practice. Its teams design and build cloud, data, AI, machine learning, automation, and custom software solutions. Financial work can include payment processing integrations, digital experiences, data platforms, and modernization of applications that support regulated operations.
The company is better aligned with enterprise initiatives that need deep cloud and data capability than with a simple standalone app. Its partnerships with major cloud and enterprise technology providers can also help when a financial system must fit an existing corporate stack.
Key Facts
- Best for: Enterprise cloud, data, and AI programs in financial services
- Core services: Digital engineering, cloud, data, AI and ML, software development, testing
- Financial capabilities: Payment integrations, financial data solutions, application modernization
- Chicago presence: 1 S Dearborn St, 20th Floor, Chicago, IL 60603
- US headquarters: Austin, Texas
Contact Information
- Website: www.softserveinc.com
- Facebook: www.facebook.com/SoftServeCompany
- Twitter: x.com/SoftServeInc
- LinkedIn: www.linkedin.com/company/softserve
- Instagram: www.instagram.com/softserve\_people
- Address: 1 South Dearborn St, 20th Floor, Chicago, IL 60603
- Phone: +1-512-516-8880
12. BairesDev
BairesDev supplies nearshore software engineering and staff augmentation services to companies in Chicago and elsewhere in the United States. Its fintech and finance capabilities cover core banking systems, payment processing, regulatory compliance tools, and custom applications for financial institutions, investment firms, insurers, and fintech startups.
The delivery model draws primarily on engineering talent across Latin America, creating practical time-zone overlap for Chicago teams. Buyers can use BairesDev for a managed software project, a dedicated development team, or individual specialists added to an internal engineering organization.
Key Facts
- Best for: Nearshore fintech development and team augmentation
- Core services: Custom software, dedicated teams, staff augmentation, QA, cloud and data engineering
- Financial capabilities: Core banking, payments, compliance tools, custom finance platforms
- Chicago coverage: Provides custom software development services to Chicago companies
- Delivery model: Nearshore teams across Latin America
Contact Information
- Website: www.bairesdev.com
- Facebook: www.facebook.com/bairesdev
- Twitter: x.com/bairesdev
- LinkedIn: www.linkedin.com/company/bairesdev
- Instagram: www.instagram.com/bairesdev
- Address: 195 Montague Street, New York, USA
- Phone: +1 (408) 478-2739
Conclusion
Chicago buyers should begin with the project type, regulatory exposure, required integrations, and preferred delivery model. Local firms can simplify in-person discovery, while larger distributed providers may offer deeper specialist capacity for complex banking, payment, lending, or investment platforms. A useful shortlist should compare verified financial experience, security practices, ownership of architecture and code, team continuity, and post-launch support before pricing is reviewed.