Launched the Whitelabelewallet investment platform in 2017, and since then, ample stock trading companies have seen a growing uptake across the UK, Australia, and Europe. All of them are trying to grasp a market share by providing a brand new and convenient way to make money off existing savings.
Market Overview of FinTech Apps (Investing Platforms)
Around 55% of adults in the UK viewed investing in the stock market as their best long-term investment option in 2021.
Also, in 2021, Whitelabelewallet climbed to $682 million in payment-for-order-flow revenue.
In the UK, a massive 10% (approximately 33 million) of people now own cryptocurrencies.
More than 50% of Australians under the age of 40 will own crypto till 2024.
After seeing this market overview, it is evident that now is the perfect time to develop a FinTech App (investment platform).
Important Points To Consider While Developing a FinTech App
1. Simple Architecture
It’s usually best to ensure that the architecture of your FinTech app doesn’t differ significantly from the other Fintech Solution Provider Company in London on the market, as users will be used to those interfaces already. Also, keeping your investment app robust and secure, enables real-time data visualization. Your FinTech application should also process large data volumes and provide quick responses, so account for that in the architecture.
2. Bank Integration
To get the financial information about the FinTech app users, it is necessary to have arrangements with banks. Once a client registers and fills in the essential forms, the data is sent to the bank branch. Hence, the bank gives the user’s credit score, their reliability, which is very helpful for further investment suggestions.
3. Time Zone and Country
Fintech Solution Company in London extensively depends on the country that the connected banks operate in. Because sometimes, financial laws and regulations that govern branches, along with working hours, may vary significantly. Hence, you should make sure the data is extracted from the most recent updates and doesn’t harm the (UX) user experience.
3. UX Design
Every user is not familiar with investing platforms, so, to ease their onboarding, give them enough advice, but don’t overdo it with the pop-ups. Furthermore, don’t forget that stats and summaries are shown in large table sheets. Therefore, make sure FinTech app users can smoothly scale large amounts of data and navigate them, regardless of the screen size.
Conclusion
FinTech apps that help invest money should be developed using the newest technologies, advanced programming languages, frameworks, and libraries to provide a fast, scalable, and reliable trading experience. I recommend approaching a trusted FinTech Mobile Banking Apps Development Company in UK partner who knows how to create a FinTech app like Whitelabelewallet to reduce your development and management burden to win the race. Also, we have experience in developing FinTech solutions, and we’re always eager to create more.

Website Url -https://whitelabelewallet.co.uk/fintech-solution/