Step ahead many of competitors and gain the niche which is not overcrowded with competitors, while customers are looking for the reliable and user-friendly fintech solution. Check these hop ideas and choose one for your next project. Go ahead with support of advanced software engineers and fintech experts.

Insurance

All the information about getting an insurance policy is close at hand. Here you can compare different price offers and company policies. This app satisfies needs such as selecting an insurance policy, pre-calculating, processing, renewing or canceling an agreement, finding an office, getting a consultation, and much more. Advanced features, such as insurance assistant in case of any damage to the property, or automation of insurance case approval based on the whole set of documents, can be introduced via blockchain technology. 

E-wallets

Once cash was replaced by plastic cards. Electronic money transactions of all kinds have become commonplace. E-wallets are used all over the world, and their popularity is only growing. Attract users to make payments with digital wallets by using cashback, gift coupons, and various offers.

Personal finance management applications

Gone are the days when we would sit down with a notebook and write our expenses, income, savings, and eventual investment plans. The personal finance app already has all the graphs and requests in the best way possible and saves us time. These apps simplify the financial process and give people ideas and suggestions for budget planning. You can link a bank account and watch all the statistics, put a reminder of payments, and even analyze your year’s expenditures.

Account reminder apps

In the hustle and bustle of everyday life, many people admit that they forget to pay their bills on time. They have to pay the penalty, and it’s upsetting. You can use these apps to pay your water supply, electricity, phone bill, credit, and any other bills. Of course, all payment is offered by electronic money.

Crowdfunding app for financial startups

Crowdfunding is a platform helping new startups collect money for launch by promoting the idea of the future business. It helps new startups attract investors for their initiative. Currently, there are not many of these kinds. The most famous are Patreon, Causes, Indiegogo, and Kickstarter.

E-mortgage

Where to get a suitable mortgage in today’s pandemic is not an easy question. This situation has led to a boom in e-mortgage apps, where you can quickly purchase a loan or fill out other mortgage documents.

Crypto Trading

Cryptocurrency is one of the fastest-growing forms of fintech. Since the advent of Bitcoin, many other cryptocurrencies, such as Ethereum, Ada, and XTZ, have grown. There are CriptoTrading apps where you can compare in real-time the prices of currencies and trade them. The idea is to exchange fiat money for crypto.

When you have decided on the app’s direction, the next vital question is who will develop it?

And the options are as follows: in-house, hire freelancers, develop an application with assistance from the local agency, or an outsourcing company. Check all the alternatives and take your step forward, to the business success and financial prosperity.