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Top 9 FinTech Apps To Look Out For in 2022

Fintech Apps

According to the World Bank Group, the FinTech market has grown rapidly during 2020. We are already entering a new era of digital finances, and the recent pandemic has only facilitated this process.

Now the question is which trends to follow in this broad field. Several opinions (Forbes, Statista) agree that digital payment systems and usage of AI (Robo-advisors) will retain their popularity in the near future. We have picked the nine best FinTech mobile apps as an embodied example of successful products worth using and learning from.

List of The Best FinTech Mobile Applications

1. Mint

Mint is one of the most popular FinTech apps for personalized budget management. It was first introduced as a web application in 2006 and immediately gained popularity thanks to a pre-launch content marketing campaign done through its educational blog. Posting comprehensive articles on financial topics and providing Q&A sessions with experts helped Mint gain a devoted audience before introducing the real product. In 2009 the Mint company was acquired by Intuit Inc.

Mint accounts screenshot

Key Features: 

  • personalized budget planner
  • unification of accounts
  • categorization of transactions
  • credit score estimation and credit records
  • trackers for investment
  • bill payment and budgeting goals 
  • refinancing loans application
  • notifications for unpaid bills
  • over-budget
  • unusual spending patterns
  • rate changes, etc.


  • Conveniently manages all accounts in one place
  • Customizable budget categories
  • Synchronization across mobile and web versions


  • Works only with US/Canada financial institutions, no multiple currencies
  • Accidental mistakes in automatic transaction categorization

Price: free
Monetization Strategy: advertisement, premium account fees, third-party referrals
Platforms: iOS, Android

2. Acorns

It is a combination of investment Robo-advisor and savings tool. It was first launched in 2012 by a privately held American company. Investment portfolio plans were designed with the help of a Nobel laureate economist, aiming at young people who are trying to save money through micro-investments. The idea of round-up investments was the app's unique feature; it played a crucial role in attracting the main target audience, which was looking for an effort-saving start in investments. In 2020, Acorns value was estimated at $860 mln.

Acorns screenshot

Key Features automatic round-up investments, choice of an investment portfolio, IRA with automatic recurring contributions, investment account for children, educational materials, cashback.


  • No minimal account sum
  • Convenient for passive micro-investing


  • Time-consuming transactions

Price: $1-5 per month, depending on the type of account
Monetization Strategy: subscription fees (basic, management fees for accounts exceeding $5000), third-party referral (cashback program).
Platforms: Android, iOS

3. Revolut

Revolut is one of the most popular European FinTech apps, best for mobile banking and currency exchange, merged with personal finance management instruments.

The concept of the app emerged from a personal experience of its creator — travelling around Europe, he experienced a lot of inconvenience because of excessive exchange fees. 

The possibility of saving on transaction fees attracted many Europeans to using Revolut. The app was launched in 2015, and the number of users increased from 0.1 mln in 2016 to 12 mln in 2020. Besides, in 2020, Revolut became available in the US as well.

Revolut balance screenshot

Key Features: Revolut card (physical/virtual), purchases in various currencies at interbank rates, money transfer, cryptocurrency exchange, spending analytics tools.


  • Multi-currency accounts
  • No withdrawal fees for ATMs in various countries (up to a certain amount)
  • Group bills to split up the spending


  • Transfers to banks outside the EU / not in Euro processed via SWIFT (with corresponding fees)

Price: $ 0-14,99/month
Monetization Strategy transaction fees, add-on services, premium account fees
Platforms: Android, iOS

It's easy to know more about the development of FinTech Apps, send us a message, we are here to deep dive into this topic.

4. Nubank

Nubank is a Brazilian FinTech startup founded in 2012, which now represents one of the most popular online banks, as well as fintech apps in general, in the world. One of the key factors to its popularity was the right choice of niche. Brazil's banking system - with a very limited choice of banks, high operational fees, and inconvenient services - was a subject of dissatisfaction for many Brazilians. Before taking its place among the world’s top fintech apps, Nubank offered online lending services only. 

Serving customers mostly in Brazil, the company recently expanded to other Latin American countries, including Mexico. The number of Nubank users increased from 12 mln in 2019 to 34 mln in 2020. In 2021 its estimated value reached $25 billion, making it the first Latin American decacorn.

Nubank balance screenshot

Key Features: digital bank account, ATM cash withdrawal, a credit card with optional debit function (Mastercard), loans.


  • Unlimited number of transfers
  • Simple account opening and loan procedures


  • Low cash withdrawal limits

Price: free
Monetization Strategy: transaction fees, loans
Platforms: Android, iOS

5. Chime

It is one of the best FinTech mobile apps for digital banking. It has no physical bank offices, and financial services are provided by two small privately-owned offline banks. Chime's revenue increased three times during 2020. As for 2020, the company's estimated value was $14.5 bln.

Chime overdraw screenshot

Key Features: two types of accounts: spending/savings, different options for savings: round-up transactions/saving from every payment, debit card, SpotMe service (a program of waiving the overdraft fee), Pay Friends system (mobile payments with no fee).


  • Possible to disable card transactions from the app
  • Over 38,000 ATMs available for free withdrawal


  • Pay Friends system works only across Chime accounts

Price: free
Monetization Strategy: transaction fees
Platforms: iOS, Android

6. MoneyLion

MoneyLion is one of the most popular FinTech apps combining functions of mobile banking and personal finance management, automated investing and loans.

Most of the customers are American's, particularly those looking for an easy way to improve their credit score. In February 2021, the company announced its merge with Fusion Acquisition Corp. and went public with an estimated value of $2.9 bln.

MoneyLion App

Key Features: two types of accounts: for savings and credit building, paychecks, automated investment with a pre-set variety of choices for portfolio type, cash loan program, debit cards (virtual/contactless).


  • Possible to receive a paycheck earlier
  • Loan program not requiring a credit check


  • Lack of options for financial planning

Price: free (savings/investment account), $19.99/month (credit building account)
Monetization Strategy: loans, paid membership fees
Platforms: iOS, Android

7. SoFi

SoFi (Social Finance) is a digital finance platform, one of the newest unicorn FinTech startups. Loans, especially student loans, are one of the main focuses of the app. Aimed at young people, SoFi successfully incorporated career consultations into its marketing strategy.

SoFi account balance screenshot

Key Features: individual savings accounts, access to three investment platforms (automated, active and digital assets), 5 types of an investment portfolio, personal finance tracker, cryptocurrency exchange, loans, cashback.


  • No management fees
  • High savings interest
  • Access to human advisors


  • Absence of tax-loss harvesting
  • Particular types of loan not available in some states

Price: free
Monetization Strategy: transaction fees, loans
Platforms: iOS, Android 

Eager to find out how to develop your own FinTech application? Drop a line to our team, and we’ll be fast to respond!

8. Affirm

Affirm is a FinTech app, popular for online shopping. Owned by a US-based company, it offers its users both information on different price offers, and credit loans for purchases. The upper limit for credit to be made through the app is $17,500. Unlike many other POS (point-of-sale) lending apps, Affirm appeals to its customers by not charging late fees.

In 2021, Affirm became a public company, with IPO $49 per share.

Affirm loans screenshot

Key Features: loans for different periods of time (3-36 months), credit-building


  • Immediate loans
  • Comparatively low interest rates
  • No late fees


  • Requires a good credit rating

Price: free
Monetization Strategy: loans
Platforms: Android, iOS

9. TransferWise

TransferWise is an online service for currency exchange and money transfers. The wide variety of supported currencies in combination with lLow fees and simple interface of its app version places it among the top fintech services that attract users from various countries. Founded in London in 2011, it became profitable around 2017 and in 2020 turned into the most valued European fintech privately owned startup, with an estimated value of $5 bln. 8 million people were using the app in 2020.

The name of the app will soon change to Wise as the service moves to another domain.

TransferWise activities screenshot

Key Features: free multi-currency accounts, international money transfers, multi-currency savings, debit Mastercard.


  • Interbank currency exchange rates
  • Comparatively low fees
  • Supports 40+ currencies


  • Limited amounts of countries to make a transfer to
  • Transfers can be made only to bank accounts

Price: free
Monetization Strategy: transaction fees
Platforms: Android, iOS 


Financial technologies are firmly integrated into our lives and have become an integral part of our daily activities. Best FinTech apps have emerged to respond to the consumers’ needs for easier, faster, and safer processing of financial transactions. In particular, it will be especially interesting how to build a neobank.

Most of the top FinTech apps described above had reached high rankings in a relatively short time. But the demand for new solutions in financial technology only seems to grow, for example, now mortgage app development is very popular, please, find out some helpful information in our special article.

At HuskyJam, the FinTech apps are one of our favorites, we have extensive expertise about its development and understand how financial systems work in different countries. Please take a short look at our portfolio. We are sure that if you have an idea, now is a great time to develop your FinTech project. Maybe your startup will be the next one to gain such popularity. 


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Fintech Apps FAQ for Founders

What is a FinTech Application?

FinTech Application is an umbrella term for various software used to conduct or simplify financial operations. Best mobile versions of FinTech apps may include apps for mobile payment or personal budget management as well as software for cryptocurrency exchange or stock trading.

How do FinTech Apps Make Money?

There are several different ways for a FinTech app to make money. The most popular are advertisement placement, user fees, or integration with a third party, including monetizing usage statistics.

How to Create a FinTech App?

To create a popular FinTech app, first you will need to narrow down the field by choosing the niche you want your app to be used in (payment automation, cryptocurrency, finance management etc) and the idea that will make it unique. After that, start looking for the technical means to realize it. Consider checking a detailed guide on how to create a FinTech app for your startup.

How Much Does it Cost to Develop a FinTech App?

Costs of developing a FinTech app will vary depending on several factors, like desired functionality, platform and direct labor cost. The lower-end price for one project usually begins from about $130,000. If you need an exact cost estimation for your upcoming project, our specialists are ready to help you and will be glad to provide an estimate for free .

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