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Banking Software Development Companies
in the US for 2025

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Author: Jennifer Smith

Last updated January 30

The United States hosts numerous technology companies, including some of the world's largest software development companies. This fosters a highly competitive market where vendors vie based on pricing and customer service excellence. Choosing the right software developer becomes crucial. It's not just about coding; a reliable banking development company handles intricate details, ensures security, and integrates diverse systems seamlessly.


Choosing an experienced developer over in-house solutions makes sense because they bring extensive knowledge and a proven track record to the table.


To assist in your search, We've compiled a list of standout banking software companies worth considering. Before diving in, focus on your specific needs and goals to find a partner aligned with your requirements. This selection of top-tier banking development companies will guide your future decisions effectively.

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Velmie provides exceptional services tailored for financial institutions and banks. Their cloud-native, modular software platform enables the creation of unique fintech solutions that prioritize safety and scalability. Renowned for its cutting-edge technology and service-oriented architecture, Velmie assures large banks peace of mind with regulatory compliance. Moreover, Velmie offers impressive stability, supporting over 20 million active users with nearly constant availability at 99.9%. Banks leveraging Velmie have expanded their service offerings and achieved revenue growth estimates up to six times faster than industry peers.

Services provided: mobile and web appt customization, IT consulting, API development, cloud services, quality assurance and testing, system integrations.

Tech Stack: Angular, Golang, Flutter, MySQL, Gin, Lumen, Gorm, Twirp, Redux, RxJS.

Price per hour: $30 – $80

Rating: Clutch (4.8), Software Advice (5.0)

Number of employees: 50+

Founded: 2010

Min project: $20,000+

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Experion Technologies is a prominent US-based IT company with a global presence. They excel in banking software development and offer expertise in data science and deep analytics, which are pivotal in early-stage product development. Their rigorous analytics and competitive analysis capabilities equip clients with strategic product insights. Experion has successfully executed several significant projects, particularly in upgrading legacy banking systems and integrating complex systems.

Services provided: custom software development, mobile app development, web development, UI/UX design, product engineering, cloud services, quality assurance and testing, digital transformation, IoT solutions, analytics and big data.

Tech Stack: React, Angular, Vue.js, Node.js, Java, .NET, MongoDB, MySQL, PostgreSQL, Swift, Kotlin.

Price per hour: $50 – $99

Rating: Clutch (4.8), Software Advice (5.0)

Number of employees: 1,000 – 5,000

Founded: 2010

Min project: $10,000+

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Chetu Inc. is a software development company with extensive experience in providing banking software solutions. They offer end-to-end services from development to deployment, focusing on tailored solutions that meet the specific needs of banking institutions. Their strong emphasis on system integrations and API development has made them a preferred partner for many financial institutions.

Services provided: custom software development, mobile app development, web development, IT consulting, API development, cloud services, quality assurance and testing, system integrations.

Tech Stack: Java, .NET, Python, PHP, Angular, React, Vue.js, SQL Server, MongoDB, AWS, Azure.

Price per hour: $25 – $49

Rating: Clutch (4.8), Software Advice (5.0)

Number of employees: 1,000 – 5,000

Founded: 2000

Min project: $10,000+

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EPAM is a global IT services and software development leader with deep expertise in crafting innovative banking and fintech solutions. They deliver a full spectrum of services, including custom software development, digital transformation, cloud services, IT consulting, advanced analytics, quality assurance, and DevOps, all designed to help financial institutions modernize their operations and meet evolving customer demands. Leveraging agile methodologies and cutting-edge technologies, EPAM ensures that its solutions are scalable, secure, and high-performing, enabling banks to achieve rapid digital innovation.

Services provided: custom software development, digital transformation, cloud services, IT consulting, advanced analytics, quality assurance, DevOps.

Tech Stack: Java, .NET, Python, Node.js, React, Angular, AWS, Azure, SQL Server, MongoDB.

Price per hour: $50 – $149

Rating: Clutch (4.8), GoodFirms (4.8)

Number of employees: 60,000+

Founded: 1993

Min project: $50,000+

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Intellectsoft is known for their innovative solutions and cutting-edge technologies, including blockchain development, augmented reality, big data, internet of things, Artificial Intelligence.  Their comprehensive services ensure that clients receive robust and scalable banking software tailored to their needs. Intellectsoft’s notable clients include iconic brands such as Universal Pictures, Jaguar Motors, Qualcomm, Ernst & Young, Clinique, Bombardier, the London Stock Exchange, Harley-Davidson, and others.

Services provided: custom software development, mobile app development, enterprise software development, blockchain development, cloud services, IT consulting, product design, DevOps.

Tech Stack: Java, Kotlin, Swift, Node.js, React, Angular, AWS, Azure, Blockchain.

Price per hour: $50 – $99

Rating: Clutch (4.7), GoodFirms (4.8)

Number of employees: 295

Founded: 2007

Min project: $25,000+

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Fingent excels in creating tailored banking software solutions. They provide a comprehensive range of services, including custom software development, web and mobile app development, and cloud services, aimed at enhancing operational efficiency for financial institutions. Known for their expertise in emerging technologies like AI and blockchain, Fingent ensures their clients stay ahead of the curve. Their commitment to quality and customer satisfaction has made them a trusted partner in the banking industry.

Services provided: custom software development, web application development, mobile app development, enterprise software development, IT consulting, cloud services, business intelligence, system Integrations.

Tech Stack: .NET, Java, Angular, React, Node.js, PHP, MySQL, PostgreSQL, AWS, Azure.

Price per hour:  $25 – $49

Rating: Clutch (4.9), GoodFirms (4.9)

Number of employees: 636

Founded: 2003

Min project: $10,000+

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ELEKS’s services encompass custom software development, enterprise software solutions, data science, and AI, helping financial institutions innovate and streamline their operations. With a strong emphasis on leveraging advanced technologies, ELEKS ensures their clients receive top-notch, scalable solutions. Their decades of experience and high customer satisfaction ratings make them a reliable partner for banks seeking to enhance their digital capabilities.

Services provided: custom software development, enterprise software development, mobile app development, cloud services, data science, AI solutions, IT consulting, quality assurance.

Tech Stack: Java, Python, .NET, Angular, React, Vue.js, AWS, Azure, AI/ML frameworks.

Price per hour:  $50 – $99

Rating: Clutch (4.9), GoodFirms (4.8)

Number of employees: 2,000+

Founded: 1991

Min project: $25,000+

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Iflexion is an IT services provider known for its comprehensive banking software development services. They offer end-to-end solutions, from custom software and enterprise application development to system integration and quality assurance. Their focus on business intelligence and system integration makes them a reliable partner for banks looking to optimize their operations.

Services provided: custom software development, enterprise software development, mobile app development, web development, IT consulting, business intelligence, system Integration, quality assurance.

Tech Stack: Java, .NET, PHP, Python, Node.js, React, Angular, SQL Server, MySQL, MongoDB, AWS, Azure.

Price per hour:  $25 – $49

Rating: Clutch (4.8), GoodFirms (4.8)

Number of employees: 850

Founded: 1999

Min project: $10,000+

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Ciklum is a prominent US-based software development company with a strong focus on the financial sector. They provide custom software and mobile app development services, ensuring that their solutions are tailored to meet the specific needs of banks and financial institutions. Their expertise in DevOps and cloud services ensures smooth and scalable deployments. Ciklum's clients include a diverse array of prominent companies and organizations from various industries. They have partnered with global leaders such as Just Eat, Metro Markets, Flixbus, Zurich Insurance, and Lottoland.

Services provided: custom software development, mobile app development, web development, quality assurance, IT consulting, DevOps, cloud services, product design, data & snalytics.

Tech Stack: Java, .NET, Python, Node.js, React, Angular, Vue.js, AWS, Azure, SQL Server, MongoDB.

Price per hour:  $50 – $99

Rating: Clutch (4.7), GoodFirms (4.7)

Number of employees: 4,500

Founded: 2002

Min project: $25,000+

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Softeq is renowned for its expertise in custom and embedded software solutions for the banking sector. They offer a wide array of services, including IoT solutions, cloud services, and mobile app development, ensuring their clients receive innovative and reliable banking software. By leveraging their extensive experience and technical proficiency, Softeq helps financial institutions modernize their operations and enhance customer experiences.

Services provided: custom software development, Embedded software development, mobile app development, web development, IoT solutions, cloud services, IT consulting, quality assurance, product design.

Tech Stack: C/C++, Java, .NET, Python, Node.js, React, Angular, Vue.js, AWS, Azure, SQL Server, MongoDB.

Price per hour:  $50 – $99

Rating: Clutch (4.8), GoodFirms (4.9)

Number of employees: 250 – 999

Founded: 1997

Min project: $25,000+

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Altoros is a software development company known for its innovative banking software solutions. They offer a wide range of services, including blockchain development and AI & machine learning, which are crucial for modernizing banking operations. Their expertise in cloud services and data engineering helps banks optimize their processes and enhance security. Altoros collaborates with leading technology companies, including Amazon Web Services, Microsoft Azure, VMware, G-Core, and others.

Services provided: custom software development, cloud services, blockchain development, AI & Machine Learning, IT consulting, quality assurance, DevOps, data engineering.

Tech Stack: Java, .NET, Python, Node.js, React, Angular, AWS, Azure, Hyperledger, Ethereum, TensorFlow, Kubernetes.

Price per hour:  $50 – $99

Rating: Clutch (4.7), GoodFirms (4.8)

Number of employees: 350+

Founded: 2001

Min project: $50,000+

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Itransition’s service portfolio includes custom software development, enterprise software solutions, and AI integration, empowering financial institutions to achieve operational excellence. Known for its robust expertise in cloud services and data analytics, Itransition ensures tailored solutions that drive efficiency and innovation in banking operations. Itransition has been acknowledged as one of the world's top outsourcing providers by industry authorities, featuring in esteemed rankings such as The Global Outsourcing 100 by IAOP (since 2009), The Software 500 by Software Magazine (since 2008), Inc 5000 (since 2015), and Deloitte Fast Tech (since 2015).

Services provided: custom software development, enterprise software development, mobile app development, IT consulting, cloud services, AI & Machine Learning, quality assurance, DevOps.

Tech Stack: Java, .NET, Python, Node.js, React, Angular, AWS, Azure, SQL Server, MongoDB.

Price per hour:  $25 – $49

Rating: Clutch (4.8), GoodFirms (4.9)

Number of employees: 3,000+

Founded: 1998

Min project: $25,000+

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N-iX specializes in delivering sophisticated banking software solutions tailored to client needs with a focus on quality assurance and scalable deployments. Their comprehensive offerings include custom software development, mobile app development, and cloud services, all designed to enhance operational efficiency for financial institutions.Thanks to its robust tech ecosystem and partnerships with AWS, GCP, Microsoft, SAP, OpenText, Snowflake, and others, N-iX delivers enhanced speed, scalability, and efficiency.

Services provided: Java, .NET, Python, Node.js, React, Angular, AWS, Azure, SQL Server, MongoDB.

Tech Stack: Java, .NET, Python, Node.js, React, Angular, AWS, Azure, SQL Server, MongoDB.

Price per hour:  $25 – $49

Rating: Clutch (4.8), GoodFirms (4.9)

Number of employees: 2,200

Founded: 2002

Min project: $25,000+

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BairesDev offers a broad range of services, including custom software development, AI & machine learning, and cloud services, to help financial institutions modernize their operations. With a strong focus on scalability and efficiency, BairesDev ensures that their clients receive cutting-edge and reliable software solutions. BairesDev has partnered with startups, SMBs, Fortune Global 500 companies, and industry disruptors across the globe. Their clients include renowned brands such as Google, J&J, and Rolls Royce.

Services provided: custom software development, IT consulting, mobile app development, web development, AI & Machine Learning, cloud services, quality assurance, DevOps.

Tech Stack: Java, .NET, Python, Node.js, React, Angular, AWS, Azure, SQL Server, MongoDB.

Price per hour:  $50 – $99

Rating: Clutch (4.9), GoodFirms (4.8)

Number of employees: 4,000+

Founded: 2009

Min project: $25,000+

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ScienceSoft is a US-headquartered provider of IT consulting and software development services, catering to a diverse clientele that includes Walmart, IBM, Nestle, eBay, NASA JPL, and numerous other large and midsize organizations globally. The company is renowned for its expertise in custom and platform-based development, specializing in CRM, data analysis, collaboration & knowledge management, and information security. Their portfolio also includes comprehensive testing and quality assurance services, along with round-the-clock support for IT infrastructure and applications. ScienceSoft maintains strategic partnerships with industry leaders such as Microsoft, AWS, Adobe, ServiceNow, and Oracle, underscoring its reputation as a trusted technology partner.

Services provided: custom software development, web development, mobile app development, IT consulting, cloud services, data analytics, AI & Machine Learning, quality assurance, DevOps.

Tech Stack: Java, .NET, Python, Node.js, React, Angular, AWS, Azure, SQL Server, MongoDB.

Price per hour:  $50 – $99

Rating: Clutch (4.8), GoodFirms (5.0)

Number of employees: 750+

Founded: 1989

Min project: $50,000+

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Intetics Inc. is a software development company known for its extensive experience in the banking sector. They provide a wide range of services from custom software and mobile app development to AI & machine learning solutions. Their strong focus on quality assurance and DevOps ensures that clients receive high-quality and reliable software. Intetics holds certifications in ISO 9001 for quality and ISO 27001 for security, and maintains partnerships as a Microsoft Gold partner, Amazon partner, and UiPath Silver partner.

Services provided: custom software development, web development, mobile app development, IT consulting, cloud services, data Science, AI & Machine Learning, quality assurance, DevOps.

Tech Stack: Java, .NET, Python, Node.js, React, Angular, AWS, Azure, SQL Server, MongoDB.

Price per hour:  $25 – $49

Rating: Clutch (4.7), GoodFirms (4.8)

Number of employees: 250 – 999

Founded: 1995

Min project: $10,000+

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Syberry Corporation, based in Austin, TX, specializes in software development and QA testing, emphasizing transparent pricing, superior communication, and top-tier quality. They provide a wide range of services, including web and mobile app development, and are known for their commitment to quality and customer satisfaction. With a team of over 200 expert engineers, QA specialists, project managers, and business analysts, Syberry has delivered over 150 custom software applications for startups, mid-sized businesses, and enterprise-level leaders worldwide.

Services provided: custom software development, web development, mobile app development, IT consulting, cloud services, quality assurance, DevOps, digital transformation.

Tech Stack: Java, .NET, Python, Node.js, React, Angular, AWS, Azure, SQL Server, MongoDB.

Price per hour:  $50 – $99

Rating: Clutch (4.7), GoodFirms (4.8)

Number of employees: 200+

Founded: 2014

Min project: $50,000+

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Merixstudio excels in delivering high-quality, performant web applications and mobile apps accessible on both Android and iOS platforms. Their expertise spans scalable backend solutions such as Python, Java, Node.js, and Golang, alongside frontend technologies like React and Angular, and mobile frameworks including Flutter, React Native, Kotlin, and Swift. Merixstudio offers end-to-end product development support and can seamlessly augment clients' in-house engineering teams. Collaborating closely with international companies of all sizes, Merixstudio serves global brands like GS1, Volkswagen, The Independent, Toshiba, and HSBC, as well as successfully scaled startups such as Moneyfarm, Sendinblue, and Burrow, a Y Combinator-incubated company.

Services provided: Services provided: custom software development, web development, mobile app development, IT consulting, product design, quality assurance, DevOps, cloud services.

Tech Stack: JavaScript, Python, Node.js, React, Angular, Vue.js, AWS, Azure, SQL Server, MongoDB.

Price per hour:  $50 – $99

Rating: Clutch (4.8), GoodFirms (4.8)

Number of employees: 200+

Founded: 1999

Min project: $50,000+

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Oxagile specializes in custom software development, particularly in multi-platform video streaming, AdTech, EdTech, RTC, big data, Artificial Intelligence, and business intelligence solutions. The company is at the forefront of AI software development, empowering businesses to innovate and thrive in the digital age. Their client portfolio includes renowned brands such as Google, Disney, Discovery Communications, MIT, Telecom Argentina, and Vodafone.

Services provided: custom software development, web development, mobile app development, IT consulting, cloud services, AI & Machine Learning, quality assurance, DevOps.

Tech Stack: Java, .NET, Python, Node.js, React, Angular, AWS, Azure, SQL Server, MongoDB.

Price per hour:  $25 – $49

Rating: Clutch (4.7), GoodFirms (4.8)

Number of employees: 455

Founded: 2005

Min project: $25,000+

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LeverX has maintained a steadfast and esteemed partnership with SAP for over 20 years, establishing itself as a trusted Preferred Vendor since 2004. As an SAP Gold Partner and Global Strategic Supplier, LeverX empowers companies to maximize their investments in SAP solutions. The company boasts a track record of over 950 successful projects delivered to more than 800 customers across diverse industries such as manufacturing, automotive, telecommunications, healthcare, transportation, retail, and financial services.

Services provided: SAP custom development, AI solution development and implementation, Big Data and BI, infrastructure services.

Tech Stack: SAP tech, JavaScript.

Price per hour:  $50 – $49

Rating: Clutch (4.7), GoodFirms (5.0)

Number of employees: 1,000+

Founded: 2003

Min project: $100,000+

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eSparkBiz stands as a prominent fintech software development company renowned for its innovative solutions in banking, wealth management, and payment processing. With over 12 years of industry experience, they have successfully collaborated with numerous banks, wealth management, and investment firms worldwide. At the forefront of their offerings is a robust core banking solution, designed to integrate savings accounts, loans, cards, and investment services into a single, highly adaptable platform. This solution is distinguished by its scalability and customizable features, catering precisely to the unique requirements of their clients.

Services provided: custom software development, mobile app development, web development, UI/UX design, product engineering, cloud services, quality assurance and testing, digital transformation, IoT solutions, analytics, and big data.

Tech Stack: React, Angular, Vue.js, Node.js, Java, .NET, MongoDB, MySQL, PostgreSQL, Swift, Kotlin.

Price per hour:  $25

Rating: Clutch (4.9), GoodFirms (5.0)

Number of employees: 370+

Founded: 2006

Min project: $10,000+

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Beyondsoft is a global IT company with a workforce of approximately 30,000 employees, dedicated to leveraging cutting-edge technologies and a proven delivery approach. Operating from over 40 global delivery centers, Beyondsoft ensures high-quality and cost-effective services through a strategic blend of onsite, near-site, and multi-tier offshore delivery models. This approach fosters the sharing and growth of expertise, knowledge, and process maturity across their operations. Beyondsoft is ISO27001-certified, underscoring their commitment to meeting the highest security standards. Their clientele includes leading technology firms and top enterprises across verticals such as Healthcare, High-Tech, Banking, Retail, Manufacturing, and more.

Services provided: cloud solutions, big data analytics, business process management, custom software development, test automation, digital enablement, and other software engineering and digital transformation services.

Tech Stack: Java, .NET, Python, Node.js, React, Angular, AWS, Azure, SQL Server, MongoDB.

Price per hour:  $50 – $99

Rating: Clutch (4.7), GoodFirms (4.8)

Number of employees: 10,000+

Founded: 1995

Min project: $50,000+

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Praxent is a seasoned leader in digital consulting and development within the financial services sector, boasting a robust history spanning two decades. Specializing in end-to-end digital transformation and core banking software solutions, Praxent excels in creating tailored digital products. What distinguishes Praxent is their pragmatic approach to innovation. Rather than advocating for complete overhauls, they prioritize the modernization of existing customer-facing software through manageable development sprints. This strategy ensures a swift return on investment, allowing clients to see measurable outcomes within weeks. Praxent's expertise shines in collaborations with financial services firms, including Fintech, Insurance, Lending, Wealth Management, and Real Estate, delivering modern, intuitive digital experiences that keep businesses ahead of the curve.

Services provided: End-to-end digital transformation, core banking software solutions, custom digital product development.

Tech Stack: Java, .NET, Python, Node.js, React, AWS, Azure, SQL Server, MongoDB.

Price per hour:  $100 – $149

Rating: Clutch (4.8), GoodFirms (4.7)

Number of employees: 100+

Founded:  2000

Min project: $100,000+

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Brainvire has significantly impacted both Fortune 500 companies and startups, focusing on Industry 4.0 technologies such as Artificial Intelligence, IoT, Machine Learning, Cloud Computing, and Blockchain. Their diverse portfolio includes collaborations with notable companies like Walt Disney, Alghanim Industries, Landmark Group, EagleHills, and Times of India, among others. Brainvire utilizes open-source frameworks like Node.js, Python, PHP, and premium Microsoft solutions to deliver innovative IT solutions. With a presence across 11 international locations and over 1500 successful implementations, Brainvire maintains strategic alliances with industry leaders including Microsoft, Odoo, SAP, Magento, Google, and AWS.

Services provided: financial portal, banking and payment app, digital wallet, crowdfunding platform, fintech CRM, crypto exchange platform, insurance software development.

Tech Stack: Java, .NET, Python, JavaScript, Angular, React, Node.js.

Price per hour:  $25 – $49

Rating: Clutch (4.8), GoodFirms (4.8)

Number of employees:  1,000+

Founded:  2000

Min project: $25,000+

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TechMagic is a US-based software development company known for delivering high-quality banking software solutions. Their technological expertise spans JavaScript, Node.js, Angular, ReactJS, ExpressJS, Typescript, Salesforce, Serverless, Native iOS, and Android. TechMagic is committed to becoming industry experts in these domains, forging partnerships with global companies to enhance their knowledge and capabilities. Since 2017, they have been an official AWS Certified Consulting Partner, and since 2018, an official Serverless Framework Partner and Salesforce Consulting Partner.

Services provided: custom software development, web development, mobile app development, IT consulting, cloud services, quality assurance, DevOps.

Tech Stack: JavaScript, Node.js, React, Angular, Vue.js, AWS, Azure, SQL Server, MongoDB.

Price per hour:  $50 – $99

Rating: Clutch (4.8), GoodFirms (4.8)

Number of employees:  50 – 249

Founded:  2014

Min project: $25,000+

Conclusion

Identifying the top 25 reputable Fintech software development companies is crucial for businesses looking for reliable partnerships. These companies have strong portfolios and expertise in Fintech. By conducting thorough due diligence, evaluating their solutions and pricing, and speaking with clients, businesses can make informed decisions. This list aims to help find the right banking software development company to advance your digital transformation journey.

Get core banking software and go live in weeks

US

447 Broadway 2nd FL
10013 New York

UK


59 St Martin’s Lane, Suite 8
WC2N 4JS London

UAE

Level 3, Building C3 , DWTC, Sheikh Zayed Road,00000 Dubai

Lithuania

Gynėjų g. 14, Vilnius, 03107, Lithuania

Poland

Ul. Emilii Plater 53 Warsaw 00-113

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Velmie®️ is a registered EU trademark and trading name of Rolinus UAB, which is a private limited liability company registered in Lithuania under its registration number 305684690. Rolinus UAB does not offer or provide banking services on its own behalf or for its affiliates and is not a bank, financial or payment institution. All company products, services, trademarks or trade names used on this website are the property of their respective owners and are used on this website for identification or information purposes only. 

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