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Mobile Banking App Development

We specialize in developing mobile banking solutions for financial institutions such as banks, credit unions, and DeFi companies. Our custom-built apps are designed to meet your specific needs, reduce operational costs, enhance customer experience, and drive business growth.

Get a free consultation with us to know more about you future banking app project.

Mobile Banking App Development Services

Banking software development from scratch

We leverage our expertise and the latest as well as time-tested technologies to establish a solid development process for your project. This ensures a robust architecture and stable, high-quality code for your mobile banking solution from day one.

Migration and rebuilding of existing banking solutions

We redesign and re-engineer outdated banking software of any complexity. Our team can migrate your existing solutions to modern cloud platforms and implement new functionality to streamline processes, reduce operational costs, and ensure seamless integration with today’s mobile channels.

Business analysis

We apply our extensive business analysis experience to investigate your challenges and define the best mobile banking solution aligned with your goals. By understanding your business needs in depth, we ensure the final product truly supports your objectives.

UI/UX design

We create engaging, clear, and intuitive product designs that help banks and financial institutions build trust and delight users with stellar mobile experiences. Our UX/UI specialists make sure your app’s interface is user-friendly and reflects your brand identity.

Integration with third-party platforms

We research and select the appropriate third-party services (payment gateways, KYC providers, BaaS platforms, etc.) for your needs, and securely integrate them into your mobile banking app. This extends your app’s functionality while ensuring all integrations are seamless and secure.

Testing

Our QA specialists run a full suite of manual and automated tests – including security, usability, and penetration testing – to ensure your mobile banking application is secure, bug-free, efficient, and ready for launch.

Maintenance and support

Beyond development, we provide results-oriented, cost-effective support and maintenance for your app. We keep your mobile banking app performing at its best with 24/7 availability, timely updates, and continuous improvements as your needs evolve.

Core Features of a Mobile Banking App


Authentication and authorization

Secure and convenient sign-in using biometric two-factor authentication (e.g., Face ID or Touch ID) for enhanced security and a seamless login experience.


Customer onboarding

Fast, convenient account setup with a digital KYC process – including personal information verification, biometrics, and ID document checks – all carried out within the app.


Account management

Enable users to open new bank accounts instantly, close accounts remotely, view account balances, perform transactions, and even share accounts (e.g., a joint family account) — all through the mobile app.


Card management

Issue virtual and physical debit/credit cards, display and share card details, and provide full control over cards (renaming, activation, blocking/unblocking, etc.). Users can also set custom spending limits or allowed merchants for their cards.


Payments & Money Transfers

Offer simple, secure, and instant payments and money transfers. Transactions are PCI DSS compliant and verified by biometrics, one-time passwords (OTP), or user passwords to ensure security. The app supports various transfer types, including peer-to-peer payments between users, ACH bank transfers, card-to-card transfers, and scheduled or recurring payments.


Transaction History & Management

Allow users to track their finances with a detailed transaction history. They can view transaction details and use advanced filters or search to quickly find specific transactions.


External payment methods management

Let users connect and manage bank accounts or credit cards from other financial institutions directly within your app. This provides a unified, convenient overview of all their finances in one place.


Bill Payments

Provide a comprehensive bill pay feature that enables users to view, organize, schedule, and pay both recurring and one-time bills right from the app. Automated reminders and notifications help users stay on top of due dates.


Personalized Dashboard

A customizable dashboard gives users an at-a-glance view of all important information. They can see real-time balances across all their accounts and cards, pending payments, recent transactions, and other key metrics in a single, convenient view.


Spending tracker

Help users monitor their spending habits with categorized transaction views and visualizations. Users can set weekly or monthly budgets and create savings goals, then track their progress directly in the app.


Digital lending

Offer an end-to-end digital loan experience with features like an in-app loan calculator and automated credit scoring. The app can handle everything from online loan applications and underwriting to data-driven decision-making, loan disbursement, and collections.


Personal manager/customer support

Integrate convenient customer support options for your users. This can include an AI-powered in-app chatbot for instant answers and a quick “request a call” feature to get help from a live representative—ensuring issues are resolved quickly and efficiently.


Notifications center

Use in-app and push notifications to boost engagement and security. Customers receive instant alerts about account activity (transactions, logins, etc.) and personalized updates or promotions. Not only do notifications keep users informed, but they also enhance security by immediately alerting users to any suspicious activity or fraud attempts.


FAQ on Mobile Banking App Development

How much does mobile banking app development cost?

On average, developing a custom mobile banking application with an average complexity costs around $200,000–$500,000 (USD). The exact cost can vary widely based on factors like the number of features, the complexity of those features, third-party integrations required, and the overall scope of the project. Essentially, the more complex the app, the more hours of development and testing will be needed. To get a tailored quote for your project, it’s best to discuss your requirements with our team – we’ll be happy to provide an estimate once we understand your specific needs.

How long does it take to develop a mobile banking app?

The development timeline for a mobile banking app depends on several factors, including the app’s complexity, feature set, and the number of integrations required. Building a fully featured mobile banking app typically takes several months from start to finish. For example, a basic banking app might take around 4–6 months, while a more complex solution with many advanced features could take 9 months or longer. We can provide a more precise timeframe after evaluating your requirements. Feel free to share your project ideas with us, and we’ll estimate how long development would take for your app.

What is the technology stack for mobile banking app development?

We utilize a broad range of modern technologies to build secure, high-performance mobile banking apps. On the backend, our developers work with robust frameworks and languages like Node.js, .NET, Java, or Python (among others), paired with scalable databases (SQL or NoSQL) and cloud platforms (AWS, Azure, or Google Cloud) for reliable infrastructure. On the frontend, we specialize in native mobile development for iOS (Swift) and Android (Kotlin), and we can also use cross-platform frameworks like React Native or Flutter if needed. We will choose the optimal tech stack for your project based on your requirements to ensure your app is fast, secure, and scalable, all while keeping development efficient.

How does the development of a mobile banking app begin?

Every project starts with a thorough understanding of your vision. We begin by discussing your ideas, goals, and requirements for the app. Our team will work closely with you to clarify the features and user experience you’re aiming for. Once we have a clear picture of your needs, we’ll prepare a project proposal and a ballpark cost estimate. This initial phase may include defining the project scope, identifying any third-party services we might integrate, and planning out the high-level architecture. After you review and approve the plan and budget, we move into the detailed design and development phases.

What is your mobile banking app development process and workflow?

Our development process is comprehensive yet flexible, ensuring we can adapt to your feedback at every stage. Here’s an overview of how we typically take a mobile banking app from idea to launch: Discovery & Planning: We start by gathering requirements and understanding your business goals. Our team discusses your ideas in detail, defines the project scope, and identifies any third-party services or integrations needed. We also create a preliminary roadmap and delivery schedule for the project. Analysis & Design: Our business analysts refine all the detailed requirements and edge cases for the application. In parallel, our UI/UX designers craft an intuitive and visually appealing interface for your mobile app, aligning with your brand guidelines. We’ll review the requirements and design with you and incorporate your feedback before development begins. Development (Agile Sprints): Once the specifications and designs are approved, our experienced development team starts building the app. We typically use an Agile methodology, breaking the project into iterative sprints (usually 2–4 weeks each). You’ll receive regular updates and demo builds at the end of each sprint, so you can see progress firsthand. Our solutions architect oversees the system design, and our developers implement features according to the agreed requirements. Quality Assurance: Throughout development, our QA engineers conduct continuous testing on each module and feature. We perform functional testing, regression testing, and rigorous security testing to ensure the app is stable and secure. By testing iteratively, we catch and fix issues early, resulting in a polished final product. Integration: If your project involves integration with external systems (such as core banking systems or third-party APIs), our backend team handles that alongside feature development. We make sure your mobile app seamlessly communicates with all required external services, whether it’s payment gateways, identity verification services, or any other third-party platforms. Project Management: During the project, our project managers coordinate the team’s work and keep everything on track. You’ll have a single point of contact who provides regular status updates, so you always know how the project is progressing. We prioritize transparency and communication to ensure there are no surprises. Launch & Deployment: After development and thorough testing, we prepare the app for launch. Our team assists with deploying the backend to production servers/cloud and guides you through publishing the mobile app to the App Store and Google Play (including handling app store guidelines and review processes). Once the app is live, we monitor its performance closely during the initial rollout. Post-Launch Support: Our job doesn’t end at launch. We offer ongoing support and maintenance services to quickly address any post-launch issues, perform updates or add new features, and ensure your mobile banking app continues to run smoothly and securely.

Can you integrate my mobile banking app with third-party services?

Yes. We have extensive experience integrating mobile banking apps with third-party services and platforms. Over the years, we’ve partnered with industry-leading providers to incorporate features like payment processing, identity verification (KYC/AML), banking-as-a-service platforms, credit scoring systems, fraud detection tools, electronic document signing, and more. Based on your needs, we will identify which external services can add the most value to your app and then seamlessly integrate them. If you’re unsure which third-party solutions are the best fit, our experts will gladly recommend the optimal options for your project.

How do you ensure the security and data privacy of my mobile banking app?

Security and data privacy are top priorities for us at every stage of development. We adhere to strict international security standards and regulations (such as PCI DSS for payment data and GDPR for user data privacy) when building our applications. All sensitive data is protected with strong encryption protocols, and we implement secure authentication mechanisms to prevent unauthorized access. Additionally, our team conducts thorough security testing (including vulnerability assessments and penetration tests) before the app’s release. This rigorous approach ensures that the mobile banking apps we deliver are highly secure, protect user data, and minimize any vulnerabilities or risks.

Itexus Banking Portfolio

All Projects

White-Label Mobile Banking App

itexus portfolio case

White-Label Mobile Banking App

A white-label mobile banking application for a Silicon Valley-based digital banking services provider.
  • Node.js
  • Swift

Algorithmic Intraday Stock Trading System – Stock Trading Bot

itexus portfolio case

Algorithmic Intraday Stock Trading System – Stock Trading Bot

  • Fintech
Machine learning can automatically create and refresh an algorithm for solving a complex problem based on a large volume of data. It’s not necessary to search for business-impor…
  • .NET
  • React.js

Mobile Banking App

itexus portfolio case

Mobile Banking App

  • Fintech
A mobile banking app that allows its users to access all banking services in a secure, convenient and fast way without having to visit bank branches.
  • Kotlin
  • Swift

Banking App for Students

itexus portfolio case

Banking App for Students

  • Fintech
  • Education
  • Credit Scoring
A banking application that provides students with unique credit, debit, and payment tools, helps to build credit score, and instills financial literacy and money management habi…
  • .NET
  • iOS
  • Android
  • Kotlin
  • Swift

Bot Answering Machine

itexus portfolio case

Bot Answering Machine

  • Healthcare
  • ML/AI
The system allows a business to train its own chatbot that will be able to answer phone calls, greet user over the phone/sms, provide information about a client’s services…
  • Python

Credit Scoring SaaS App for Financial Organizations

itexus portfolio case

Credit Scoring SaaS App for Financial Organizations

  • Fintech
  • ML/AI
  • Credit Scoring
The system is a SaaS platform allowing the client to evaluate solvency and reliability of the potential borrowers using statistical methods of analysis of the historical and non…
  • Ruby on Rails

AI-based Financial Data Management Platform

itexus portfolio case

AI-based Financial Data Management Platform

  • Fintech
  • ML/AI
Financial platform that automates key-decision making processes, with AI-based predictive modules that reflect the credit cycle. This financial platform is equipped with rich da…
  • React.js
  • Django

Clients’ Testimonials & Awards

Itexus delivered the app according to the requirements. The team met all development milestones and deliverables. They were efficient, friendly, and cooperative. Itexus team was very timely with updates, a regular meeting cadence, and ad-hoc questions and answers via Slack. The team was very responsive and still is.

Risk Management Director, Investing Fund

Itexus’ work positions the business well for an imminent launch. They excel at managing their team, presenting frequent product demos to ensure that the project is aligned with development goals. An affordable price structure coupled with remarkable technical skill makes them an attractive partner.

Phill Osolinski CEO Ryze Rewards

The assigned team was easy to work with and they are especially strong collaborators and communicators. They demonstrated flexibility, professionalism, and trust in everything they did, and completed the work on time and budget.

Sue Wollan Fan CEO Mango Connects

Itexus excelled at both experimental AI and sprint-oriented UI/UX tasks. Itexus did strong project management work, too, a necessity in such a complicated project.

Jesse Dubin Senior PM Standard&Poors

They’re a great group of developers who really understand the reality of business.

Andreea Vanacker CEO SPARKX5