In July 2015 revolut was officially launched, having its headquarters in the UK. Currently, Revolut has more than 10 million users.
According to Ernst and Young, 64% of global users have used more than one fintech platform worldwide and 96% of consumers are aware of at least one fintech platform, as of 2019.
If you feel like managing your entire financial life through a single app, Revolut is the key to that. From regular spending and planning, to foreign-currency exchange and simple access stock trading, Revolut has it all, for the tech savvy customer looking for a personalised finance management tool. It's specially targeted towards users who keep on looking for new thoughts and better encounters in all that they do. Since the present hyper-associated world merits a money management tool which is similarly dynamic, Revolut is the one that adjusts to your requirements, gives you control, and continually drives you into new energizing spaces.
According to Finder
Revolut offers a scope of computerized banking administrations in a versatile application focused at youthful educated clients, including:
We as a whole realize that banking is a famously clingy business, and most of your clients presumably wouldn't switch regardless of whether they realized that there was a superior arrangement out there. If you're keen on acquiring next gen customers having specific desires of frictionless customer experience (and you're not kidding about your 'user-driven' statement of purpose), it probably won't hurt to explore developing an all encompassing app.
Revolut is much much more than simply "that card you use just when traveling". The application offers amazing analytics with dealers, class, and nation breakdowns. Revolut has as of late propelled moment spending message pop-ups and planning. It has an interesting module called 'Vaults', which gathers together your exchanges and sets aside limited quantities of cash to planned virtual bank accounts.
As the fintech platform is growing in the market, there are several players providing unique platforms with unique features. But the only way of differentiation can be on the basis of the quality of the product and yet secured development process. Being a trusted financial app development company, we can offer best-in-class mobile money transfer and management of your finance with cutting edge payment integration technology.We are a highly experienced team of app developers, UI/UX designs, project managers, and business analysts who have experience in developing and handling numerous custom apps for clients.
The net cost for developing your own fintech app would be in the range of $35k-$40k.
|1. Money Transfer:||Manage and do all your money transfers via the app. All you have to do is add your card to the app and make the payment using your pin.|
|2. Currency Exchange:||Convert the exchange rates when you are traveling, or making any purchase. This feature will also provide a status notification on currency change, helping you resolve currency exchange problems.|
|3. Payment status alerts:||The user will be notified of the status of any payment or transaction made. It will be a notification, that the user will receive for any ongoing payment or in process.|
|4. Track your payment:||Track your payment, get notified of your payment status, and keep a history of every single transaction made. Bill payment or money transfer, you will have it all in one place.|
|5. Split bills:||Split your bills with your roomies, friends. This feature splits the entire bill among all the participants in the group, keeping a track of all the payments made.|
|6. Remainder for bill payments:||Receive a reminder for bill payments via the app. An auto-set reminder for the bill paid for the month, and get the reminder again the next month on the same date to not miss it.|
|7. Low funds warning and interest in saving:||Get a notification over low fundings you have in-app, and default refill the amount set in lease 10 seconds in hand. Make the most of your plan, funds, saving, and get interested in it. Earning program for customer engagement in-app.|
|8. Budget Analytics:||Analyse your budget growth for each month, how much you save and where is the most investment made. A graph that will show your budget count and savings, from where you can keep track for the month or week or year of your forecast.|
|9. Stock Information and crypto stats:||Buy, sell, and hold cryptocurrencies at the hold of just a button. Get instant information about the stock, bitcoins, and many more.|
|10. Trending perks:||Explore your surroundings, places to visit, places with more traffic, and more convenient to visit and invest. Find all around you in just one tap.|
|Add On Features||Monthly Expenditure planning|
|Integrate other fintech apps|
|Advanced analytics to track revenue|
The transactions can be an extraordinary wellspring of discovering the patterns in the acquisition of items and administrations purchased utilizing your balance. With the assistance of these AI calculations set up, you can plan genuinely exact prescient apparatuses to assist you with utilizing the examples in making one of a kind offers.
The AI implementation in the fintech software industry is drastically changing day by day. Utilizing data and AI at a business level to drive the overall value of the customer is very different from using it at the tactical level to optimize a channel and warrants considerable upfront planning.
It is basic to find out about assets that will be expected to develop a wearable app. The group ought to in a perfect world be comprising of:
It is of most extreme significance that you connect with the accomplished mobile application development that has mastery in discussion and Android / iOS improvement. What's more, with an extremely imaginative thought with representative administration, simply the best can assist you with such a methodology by making your application having perfect UI/UX and remarkable highlights. Recruit our answer specialists and get in touch with us for any inquiries you have.
Market competitive cost of development.
Experience in building mobile wallet platforms
Seasoned team with multi platform expertise to all aspects of system development
Extensive experience in varied business verticals like field sales, e-commerce, finance, etc…
Experienced AI/ML personnel.
Strategic usability and unit testing at each level.