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Neobank app development company

Neobank App Development Services

Itexus builds mobile-first digital banks: onboarding and KYC, accounts and cards, payments, early pay and lending — on your banking-as-a-service provider or on a white-label mobile banking foundation.

Discuss your neobank See case studies
White-label mobile banking foundationiOS, Android and back officeGDPR, PSD2 and KYC/AML experience
Neobank app for B9 Case study iOS + Android neobank for migrants: early paychecks, microloans and money sent abroad Neobank app for B9 Digital onboarding platform with automated KYC/KYB Case study 5 days → 15 min account opening time at a top-7 U.S. credit union with $19B in assets Digital onboarding platform with automated KYC/KYB White-label mobile banking app Case study White-label mobile banking app on a SaaS digital banking platform that meets GDPR, PSD2 and ISO requirements White-label mobile banking app
4.9 on Clutch
  • 13+years in fintech engineering
  • 300+fintech projects delivered
  • 250+clients in 23 countries
  • 150+experienced engineers
  • 4.9on Clutch, 40 reviews

Built for and integrated with

  • Coinstar
  • Stripe
  • Interactive Brokers
  • Mbanq
  • Plaid
  • Experian

Neobank development

Launch a neobank with a team that knows banking regulation and mobile

A neobank — or neo bank, or challenger bank — is a banking product, a mobile product and a compliance program at the same time. As a neobank development company, Itexus has built digital banking apps for founders serving specific communities — migrants, students, fee-averse consumers — and white-label mobile banking apps for a Silicon Valley digital banking platform provider.

We help choose the operating model first: a sponsor bank and BaaS provider, a white-label platform, or a licensed core. Then we build the apps, the integrations and the back office your operations and compliance teams need from day one.

  • BaaS and core integration — accounts, cards and payments through your banking partner’s APIs
  • Onboarding and KYC — document verification, biometrics and risk checks in minutes
  • Native mobile engineering — Swift and Kotlin, or Flutter for a shared codebase
  • Back office included — support, compliance and operations consoles

Neobank solutions

Neobank products and features we develop

The building blocks of a digital bank, assembled around your audience and business model.

Neobank mobile app development

iOS and Android digital banking apps for retail and SME customers.

  • Accounts, balances and statements
  • Transfers and bill payments
  • Budgeting and spending insights

White-label neo bank platform

A white-label neobank foundation for a faster launch.

  • Reusable, production-ready modules
  • Your branding and flows
  • Full flexibility for custom features

Digital onboarding and KYC

Account opening without a branch visit.

  • Document and face verification
  • KYC and KYB automation
  • Instant account funding

Cards

Virtual and physical cards inside the app.

  • Virtual and physical cards
  • Limits, controls and blocking
  • Card processor integration

Payments and transfers

Domestic and international money movement.

  • P2P and account transfers
  • Remittances abroad
  • Top-ups and cash withdrawal

Early pay, advances and microloans

Income-based credit products for underserved users.

  • Early paycheck access
  • Income-based advances
  • Credit-building tools

Niche and community neobanks

Banking designed for a specific audience.

  • Migrants and the unbanked
  • Students and teens
  • Joint and family accounts

Neobank back office

Tools for the teams that run the bank.

  • Customer support console
  • Compliance and risk dashboards
  • Reporting and reconciliation

Mobile banking for existing banks

A neobank-grade app on top of an existing core.

  • Core banking integration
  • Legacy coexistence
  • Phased rollout

White-label foundations

White-label neo bank platform for a faster launch

A white-label digital banking app and back end built on a reusable, production-ready foundation. You get the standard banking functions on day one and spend the budget on what makes your neobank different.

Digital banking platform

  • Customer onboarding, user profiles and KYC workflows
  • MFA, OTP, biometrics and secure session management
  • Accounts, balances, transaction history and statements
  • Payments, transfers, wallet top-ups and money movement
  • Virtual and physical cards, limits, controls and blocking
  • Dashboards, transaction analytics, budgeting and spending insights
  • Alerts, notifications, reminders and in-app support

These products are built on modular, documented, production-ready foundations prepared for rapid deployment, AI-first development, extension and client-specific customization.

Case studies

Neobank and mobile banking projects

Digital banking products Itexus has delivered for founders and platform providers.

  • 5 days → 15 minaccount opening time with our digital onboarding platform
  • 1.4Mmembers of the credit union that platform serves
  • iOS + Androidnative apps for B9, a neobank for migrants
  • 30%faster time-to-market with AI-accelerated delivery
Neobank app for migrants, for B9

Neobank app for migrants, for B9

A neobank for an unbanked segment: sending financial help abroad, getting paychecks early and receiving microloans. Delivered by a ten-person team with native iOS and Android developers.

.NETSwiftKotlinAzure
 White-label mobile banking app

White-label mobile banking app

A customizable, scalable iOS and Android banking app for a Silicon Valley provider of a SaaS digital banking platform that meets GDPR, PSD2 and ISO requirements.

Node.jsSwift
 Banking app for students

Banking app for students

Credit, debit and payment tools that help students build a credit score, with educational content on financial literacy. Built for a U.S. startup.

.NETSwiftKotlin
 Fee-free mobile banking and e-wallet app

Fee-free mobile banking and e-wallet app

E-wallets and virtual cards linked through banking partners for a fintech offering fee-free banking, instant payments, budgeting, and joint and teen accounts.

.NETSwiftKotlinAzure
 Digital onboarding for a top-7 U.S. credit union
Account opening: 5 days → 15 minutes

Digital onboarding for a top-7 U.S. credit union

Automated KYC/KYB, facial recognition and instant funding for a $19B credit union with 1.4M members, integrated with a legacy core.

.NETReactAS400
 Mobile banking app on a digital banking platform

Mobile banking app on a digital banking platform

Gives users secure access to all banking services without branch visits. Built on a SaaS digital banking platform for a Silicon Valley provider.

KotlinSwift

All fintech case studies

Client reviews

What clients say about working with Itexus

Clutch 4.9/ 5 40 verified client reviews Read all reviews on Clutch
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 OsolinskiCEO, 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 FanCEO, Mango Connects
They’re a great group of developers who really understand the reality of business.
Andreea VanackerCEO, SPARKX5
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.
Risk Management DirectorInvesting Fund
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 DubinSenior PM, Standard & Poor’s
  • 87%client retention rate
  • 75%of clients come through referrals
  • 250+clients in 23 countries
  • 2013in business since

Awards and recognition

Recognized by independent B2B research and review platforms

Scope

What neobank app development includes

Core functions of the Itexus digital banking foundation.

Customer experience

  • Onboarding, profiles and KYC workflows
  • Accounts, balances, history and statements
  • Payments, transfers and wallet top-ups
  • Alerts, notifications and in-app support

Security

  • MFA, OTP and biometrics
  • Secure session management
  • Card controls and blocking
  • Fraud detection and transaction monitoring

Platform

  • BaaS and core banking integration
  • Card processor integration
  • Analytics and spending insights
  • Admin, support and compliance consoles

Integrations and stack

Neobank integrations and technology

Partners and platforms a neobank typically depends on.

Payments and open banking

StripeAdyenPayPalPlaid

KYC, AML and identity

SumsubOnfidoAcuantExperian

Credit data and scoring

ExperianEquifaxFICO

Core banking

TemenosFISFiserv

Mobile

SwiftKotlinFlutterReact Native

Backend and cloud

.NETJavaNode.jsAWSAzure

Security and compliance

Regulatory readiness for digital banks

Neobank launches slip when compliance is discovered late. Itexus maps your sponsor bank’s and regulators’ requirements into scope, and builds the evidence trail they will ask for.

KYC / AMLPSD2GDPRPCI DSSSOC 2ISO/IEC 27001
  • Partner bank requirementsControls, reporting and audit evidence aligned with sponsor bank and BaaS provider expectations.
  • Customer data protectionPII encryption and masking, consent management and data segregation.
  • Access and identityRole-based access, least-privilege permissions, MFA and strict separation of client environments and data.
  • EncryptionAES-256 at rest, TLS 1.2+ / 1.3 in transit, secure credential handling and controlled backups.
  • AuditabilityAudit trails and activity logging for critical actions, with data masking for PII.
  • ContinuityDocumented backup policies, disaster recovery planning, rollback paths and 24/7 monitoring.

The team

The team that will build your neobank

Itexus was founded in 2013 by four partners who had spent 20+ years in engineering and management roles at large software companies and startups. Today the team is 150+ people, with development offices in Europe and headquarters in the United States.

The Itexus team at a company outing
Itexus engineers in a planning session at the office
Itexus team members at work
Itexus development office
Itexus engineers at their desks
Project discussion in an Itexus meeting room
Itexus colleagues reviewing work together
  • 100software developers
  • 11DevOps engineers
  • 10QA engineers
  • 7UI/UX designers
  • 6business analysts
  • 6project managers
  • 3PhD-level data scientists

How we work

How we build neobank apps

Agile flexibility with the scope, budget, risk and delivery governance that regulated financial projects require.

  1. Discovery and blueprints before code

    Requirements, architecture, integrations, API contracts and delivery assumptions are defined upfront and updated with every release.

  2. Agile with scope and budget control

    Short iterations and demos, combined with controlled scope management, budget tracking, release planning and risk reporting.

  3. AI-first build for new products

    With modular architecture, documented requirements and clear guardrails, AI agents accelerate coding and test generation under senior architect review.

  4. AI-accelerated work on legacy systems

    For tightly coupled systems with incomplete documentation: AI-assisted analysis, refactoring and test generation with closer manual oversight.

  5. Quality engineering and test automation

    Manual and automated QA, regulatory scenario testing, penetration testing, performance and load testing.

  6. Launch and post-launch support

    Deployment, monitoring, L2/L3 maintenance and knowledge transfer. Current documentation keeps later changes fast and safe.

Engagement models

Engagement models for neobank development

Choose the model that fits your requirements, project size and how involved you want to be. Whether you outsource a whole product or extend your own team, the engineers and delivery standards are the same.

Recommended

Agile with budget control

Agile delivery in two-week sprints combined with strict control of scope, budget, risks and quality.

  • High-level scope, estimate and budget defined upfront
  • A demo of new features at the end of every sprint
  • Requirements can change as new ideas come up
  • Weekly reporting on costs and progress
  • Only efficient hours within the agreed estimates are billed

Fixed price

All requirements are documented and signed before the project starts. Itexus delivers the agreed scope for the agreed price and time.

  • Exact scope and functionality fixed in the contract
  • Payments on reaching milestones
  • Minor client involvement during implementation
  • Suits clients who can specify the software in detail and do not plan to change it

Dedicated team / outstaffing

Remote engineers, with or without a project manager, integrated into your in-house team and managed by you day to day.

  • You direct the development process
  • Developers, QA, DevOps, designers, data scientists
  • Engineers with financial domain knowledge
  • Scale the team up or down as the roadmap changes

As a general reference, discovery and prototyping engagements start from around $30,000; enterprise fintech projects often range from $150,000 to $1,000,000+. Compare the cooperation models in detail

Why Itexus

Why founders and banks choose Itexus as their neobank development company

Financial and AI expertise

  • 300+ fintech projects in 23 countries
  • Banking, trading, wealth, payments, lending
  • In-house AI R&D and fintech competence centers

Accountable delivery

  • Ownership of scope, timelines, risks and budget
  • Documentation and QA built into delivery
  • Transparent reporting and escalation

Practical problem-solving

  • Senior input on architecture and integrations
  • Legacy modernization experience
  • Regulated workflow expertise

Long-term partnership

  • 87% client retention rate
  • 75% of clients come through referrals
  • Teams embedded in client processes

FAQ

Neobank app development: frequently asked questions

How much does it cost to develop a neobank app?

It depends on the operating model, feature set, number of platforms and integrations with your banking, card and KYC partners.

As a general reference, discovery, validation and prototyping engagements start from around $30,000. Enterprise projects involving legacy integrations, regulated workflows, AI functionality or full-scale product development often range from $150,000 to $1,000,000+. Itexus provides a detailed estimate after an initial discovery session and technical scoping.

Do we need a banking license to launch a neobank?

Not necessarily. Many neobanks launch through a sponsor bank and a banking-as-a-service provider, which hold the license and provide accounts and cards via APIs. Which model fits depends on your market and product; this is a legal and business decision that we help you evaluate from the technical side during discovery.

Can you build on a white-label platform to launch faster?

Yes. Itexus offers a white-label digital banking foundation with onboarding and KYC, accounts and statements, payments and transfers, cards with limits and controls, budgeting insights and notifications. It is customized to your brand and extended with your own features.

Which BaaS and core banking systems can you integrate with?

We integrate with the APIs of your chosen banking-as-a-service provider or core. Itexus has worked with Temenos, FIS and Fiserv cores and has built apps on a Silicon Valley provider’s SaaS digital banking platform.

Do you build both iOS and Android apps?

Yes — natively in Swift and Kotlin, or with Flutter or React Native when a shared codebase is the better trade-off. We also build the backend, integrations and web back office.

Can you take over an unfinished neobank project?

Yes. Itexus takes over stalled, underperforming or poorly documented projects from other vendors.

The work starts with an audit of the codebase, architecture, documentation, integrations, infrastructure and security risks, followed by a remediation plan covering technical debt, testing gaps and the next development priorities.

Do you work with early-stage fintech startups?

Itexus primarily focuses on financial services companies, funded fintechs and organizations building complex or regulated financial products.

We also work with selected early-stage startups when there is a validated concept, clear compliance context, realistic budget and a product roadmap aimed at institutional scale.

Do you provide post-launch support and maintenance?

Yes. Itexus provides post-launch support and maintenance for production financial systems, including L2/L3 support, monitoring, incident response, patch and release management, performance tuning, backup and rollback support, and ongoing improvements.

Insights

Neobank development guides from our engineers

Related services

More fintech services from Itexus

Plan your neobank launch with experienced fintech engineers

Tell us about your audience, market and banking partner. We will come back with an approach, a launch scope and an estimate.

Discuss your neobank
  1. 1. Send your project ideaWe contact you to clarify details and requirements, and send an NDA.
  2. 2. Get the estimate and proposalAfter the project analysis we send a proposal and discuss it with you.
  3. 3. Project kick-offIn-house engineers are available for a quick start.