FinTech apps are online tools that leverage advanced technology in order to deliver top-notch financial services. These FinTech applications are created to facilitate financial dealings, making them more useful and suitable for users.
No matter if it’s sending money, financing, investing, or handling expenses, FinTech applications deliver a vast array of services at your fingertips. In today’s fast-paced landscape, FinTech or financial technology apps are transforming the way we operate and handle our money.
From payments and investments to budgeting and saving, these financial app developments make financial services more useful, convenient, and user-attentive. As we know that the FinTech industry is growing at a rapid pace, let’s explore the best 10+ FinTech apps that are roaring in 2024. These FinTech applications are mentioned below:
- Google Pay: Save and Pay
- PayPal — Send, Shop, Manage
- Robinhood — Stocks & Crypto
- MoneyLion: Bank & Earn Rewards
- Acorns: Save & Invest
- Chime — Mobile Banking
- Venmo
- Wealthfront: Save and Invest
- Stash: Investing Made Easy
- Revolut: Spend, Save, Trade
- Betterment: Invest & Save Money
For Any Query:- Seek Assistance from Top FinTech App Development Company!
1. Google Pay: Save and Pay
Google Pay is the no. 1 app in the list of top FinTech apps that simplifies digital payments. It enables users to make contactless payments, send money to friends, and store loyalty cards and tickets all in just one place.
The app’s integration with Google services and its user-centric interface make it one of the most popular choices among the financial wallet/e-wallet sector that manages transactions effectively and securely.
If you are an Android phone user and leverage your smartphone to shop in stores where UPI is accepted then you are able to continue to tap and pay in stores with the Google Wallet App.
With GPay, you are able to send/receive money from accounts, phone numbers, and friends, view your bank balance, see your transaction history, recharge bills and phone, etc.
2. PayPal — Send, Shop, Manage
PayPal is one of the well-established FinTech apps for iOS and Android devices that facilitates secure digital payments and money transfers. It supports peer-to-peer payments, online shopping, and business transactions and dealings.
The extensive network and robust security features of the PayPal application make it a trustworthy choice for businesses and individuals seeking a convenient and scalable digital payment solution.
PayPal is a simple and secure way to get paid back, send money to peers, explore cashback offers from your favorite brands, manage your account, and more. This app assists you in keeping your financial information safe, with commercially available encryption and spa protection.
3. Robinhood — Stocks & Crypto
Robinhood is one of the best FinTech applications that altered funding by proffering commission-free stock and cryptocurrency and stock trading. It is created for both fresh investors and professional ones, featuring a spontaneous interface and real-time market analytics.
It comes in the category of new FinTech apps that empower users to invest and trade effortlessly from their smartphones, democratizing access to financial markets. With Robinhood, you can run your money in your own way
You get to trade stocks, options, and ETFs, with the app’s financial & crypto, all with zero commission fees, however other fees and charges may apply. This app boosts every dollar for retirement and offers commission-free trading to its users.
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4. MoneyLion: Bank & Earn Rewards
MoneyLion is another adaptable mobile app on our list of top FinTech apps that is developed by the best FinTech mobile app development company, delivering banking, lending, and investment benefits to its users. Additionally, it also provides users with access to credit-building tools, personal loans, and investment accounts.
This app includes a mobile banking feature with no hidden fees, making it an extensive financial tool for handling personal finances. With this app, you can make better decisions to manage your money.
Furthermore, you can access mobile banking, personal finance resources, fast cash advances up to $500, cashback regarding extra money when you require it, quick loan offers, credit builder loans, etc. This makes it seamless to use for both new and experienced users.
5. Acorns: Save & Invest
Acorns is one of the best FinTech apps that boosts micro-investing by rounding up day-to-day acquisitions and financing in additional transition. This computerized acquisition medium is important for novices, delivering diversified portfolios managed by specialists.
Acorns make it seamless for users to start investing with less effort, facilitating better financial habits over time. With this app, you can invest and save finances for your future. The app has around $4,000,000,000 in round-ups invested and counting, making it the ultimate FinTech app.
With this app, you get a Mighty Oak Debit Card, you can save for your future, kids, retirement, etc, acquire bonuses, and increase your proficiency. Acorns is supported by investors like Blackrock, Dwayne Johnson, PayPal, and Ashton Kutcher.
Also Read:- FinTech App Development Cost in 2024!
6. Chime — Mobile Banking
Chime is in the category of mobile-first FinTech apps that provide a contemporary banking experience without traditional fees. It offers features like automatic savings, early direct deposit, and a user-centric mobile interface.
Chime concentrates on facilitating banking for its users, delivering a cost-effective and convenient alternative to traditional banking services. With this app, you are able to maintain your money, keep it safe with security components, overdraft up to $200 fee-free, and get paid early with immediate deposit with zero monthly costs.
Keep in the sense that Chime is a FinTech firm, not a bank. Nevertheless, the banking services are delivered by The Bancorp Bank or Stride Bank, N.A.; Members FDIC. The app is authorized by millions of people and presents a unique method to make credit that improves your FICO score by an average of 30 points.
7. Venmo
Venmo is a subsidiary of PayPal and is considered one of the famous FinTech apps for peer-to-peer payments. It allows users to send and acquire money quickly, split bills, and make investments with partnered retailers.
The social feed feature of Venmo adds a fun and social aspect to transactions, making it the top choice among younger users. Therefore, the app is a fast, safe, and social way to pay and get paid.
With this app, you can split a request among multiple Venmo friends, shop with the Venmo Debit card, get rewarded with a Venmo credit card, purchase crypto with as little as $1, do business on Venmo, pay in stores, pay in apps & online, and handle your money as per your choice.
8. Wealthfront: Save and Invest
Wealthfront is an advanced app in our list of FinTech apps that specializes in automated investment and financial planning. It offers tax-effective and personalized investment portfolios tailored to individual goals.
In addition to this, it also provides high-interest cash accounts, financial planning tools, and lending services to the users. Its use of advanced algorithms and low fees makes it an appealing option for individuals who are seeking a hands-off approach to raising their wealth.
With this app, you get higher yield & low-risk bond ETFs, you can automate your investments, invest in stocks with zero commissions, and build your wealth in just one place. This makes Wealthfront seamless to use for both new and experienced users.
9. Stash: Investing Made Easy
Stash is one of the progressive FinTech apps that is created to facilitate investing and individual finance education. It presents personalized acquisition recommendations, fractional shares, and academic content in order to assist users in creating and handling their investment portfolios.
This financial app aims to make acquisition available to everyone no matter if they have economic experience and understanding or not. This app will help you invest your way, it offers automated and personalized investing, etc.
10. Revolut: Spend, Save, Trade
Revolut is one of the popular FinTech apps that offers banking, cryptocurrency, and money exchange services. The app features budgeting tools, multi-currency accounts, and low-fee multinational transfers.
The exhaustive suite of financial services and user-focused strategy of Revolut make it an incredible option for both day-to-day banking and travel-affiliated financial necessities. It has more than 40 million consumers globally who expend, send, receive, and save their finances smartly.
You are able to ask and send 25+ currencies with a single click to anyone and anywhere. The app has refined spam or forgery security system that withers high-risk transactions and transmits you a sign so that you can witness frauds, and its system can rescue your information.
11. Betterment: Invest & Save Money
Betterment is the best FinTech app that is concentrated on computerized investing and economic planning. It delivers users personalized investment portfolios, retirement planning mechanisms, and cost-sufficient approaches.
The goal-based technique and low prices of the Betterment app make it an attractive choice for people who are striving to advance their finances through hands-off and expert-managed acquisition.
Betterment aims to assist you do what is most suitable for your money. With this easy-to-use app, you can keep track of your economic energy across your short and long-term savings plans. This makes this app one of the ideal FinTech apps that is utilized by millions of people.
The Bottom Line
FinTech apps have revolutionized the financial services landscape, making handling your money seamless, convenient, and accessible. From online payments and investments to budgeting and saving, these top 10+ FinTech apps offer a vast spectrum of services in order to fulfill various financial essentials.
As technology continues to develop at a rapid pace, the future of FinTech looks bright and profitable offering more innovation and amenities. Nevertheless, if you want to step into the financial industry and want to create a FinTech app for your company, then make sure to contact the best FinTech app development company.
FAQs — Top FinTech Apps
Q. What are the mobile applications for FinTech?
Ans. The best FinTech apps for our day-to-day usage are mentioned below:
- Google Pay: Save and Pay
- PayPal — Send, Shop, Manage
- Robinhood — Stocks & Crypto
- MoneyLion: Bank & Earn Rewards
- Acorns: Save & Invest
- Chime — Mobile Banking
- Venmo
- Wealthfront: Save and Invest
- Stash: Investing Made Easy
- Revolut: Spend, Save, Trade
- Betterment: Invest & Save Money
Q. Is AI used in FinTech?
Ans. AI has altered the risk estimation in FinTech, allowing a more useful and objective evaluation of loan eligibility. AI-powered risk estimation models have transformed the lending landscape by examining a surfeit of data points and leveraging machine learning (ML) techniques.
Q. Is FinTech a Banking app?
Ans. A FinTech app is a software application that leverages financial technology in order to deliver financial services such as mobile payments, banking, personal finance management, and investments affordably and conveniently. FinTech applications are created to enhance the user experience in the financial industry.
Q. Are banks using FinTech?
Ans. Yes, banks are using the FinTech industry with tools that make them more effective than ever before just like chatbots to improve customer experience, mobile applications to give customers real-time views into their bank accounts, and machine learning in order to protect against spam and fraud.
Q. Is GPay a FinTech company?
Ans. Yes, GPay is a FinTech company as per a report issued by a parliamentary panel that has highlighted the dominant presence of foreign-owned FinTech apps such as Google Pay and PhonePe, in the Indian FinTech industry.
