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Hire Fintech App Developers: Everything You Need to Know

Alexander Prokopiev
Alexander Prokopiev CEO of ARTJOKER
4 min read

Fintech is a heavily tech-driven niche that stands on sturdy solutions that only reliable and most scrupulously-selected development agencies may provide. And while you don’t need much expertise to discover well-proven providers from widely available lists and ratings online, picking a perfectly fitting fintech app developer in terms of specific business compatibility requires certain insights.

Does your project really call for specialists from that niche? What skills must a fintech specialist possess, and where and how to find a candidate that best fits your budget, requirements, and collaborative capacities?

To clarify all of that and some more, we are going through essential insights and pro tips on hiring the best fintech app developers for your specific case.

What Type of Products Should You Hire Fintech App Developers For?

Let's start with the simplest inquiry - what specific type of products can a hired team of fintech engineers deliver for you? Surely, you are looking for this niche's specialists if your existing or up-and-coming business or project is related to finance in any way. A reliable provider can design, build, or simply sell you a technological base for your finance-related purposes, which can take the form of several relevant solutions.

Hire Fintech App Developers: Everything You Need to Know

Financial planning and management solutions

If you are working on offering banking services of some sort, a hired banking fintech app developer can help you equip your service users with a convenient interface to manage their accounts. Depending on the app's complexity, it can either be a minimalistic dashboard of all relevant financial data or a collection of features for tracking expenses, managing banking services like crediting, depositing, mortgaging, etc., and carrying out banking procedures remotely.

Billing and payment solutions

Every eCommerce or commercial products/services provider requires means for accepting payments, processing transactions, tracking business and customer expenses, and obtaining analytics. Depending on the range of specialization, fintech programmers can either introduce all these capacities to an existing eCommerce platform of yours or help you build one from scratch.

Blockchain-powered solutions

Most fintech software engineers have their sights fixed ever so eagerly on the niche of blockchain and decentralization. This is where the technological edge is evolving most rapidly, given the disruptive nature of the technology. Turn to fintech programmers if you are building a cryptocurrency exchange, a crypto wallet, or a whole decentralized platform, OR if you need separate blockchain features for any other type of solution.

Investment solutions

Good fintech app developers can also help you launch an investment venue available to either big clients or regular customers. This comes in handy when building a tech foundation for a fundraising campaign or for a platform that will enable other people to figure out investment opportunities and start investing without much previous experience and expertise.

What Skills Does a Fintech App Developer Need?

Fintech engineers can come from different industry and tech backgrounds, but they require domain-specific skills in order to work with financial technologies. All in all, here are the particulars you need to seek in a reliable specialist.

Hire Fintech App Developers: Everything You Need to Know - 1

Software development expertise

Professional fintech app development is built on a range of common software development approaches and techniques, which must be mastered by a reliable candidate for hire. It is best when the provider has certifications backing up its specialists' qualifications.

Domain expertise and experience

On top of insightful software engineering skills, good specialists must also possess well-rounded expertise in the domain of finance and financial technologies. This is where field experience and, again, official certifications matter a lot.

A good hang on software security

Cybersecurity must always be prioritized by fintech programmers at work. Engineering capacities for financial processing of any sort just doesn't allow system and data security flaws and leaks - the price of a failure can be too high. Especially when it comes to blockchain app development.

Risk management

Emphasizing the necessary reliability of fintech products even more, professional programmers must be able to properly handle the underlying risks of fintech development. In particular, they should be able to identify, evaluate, and determine risks, carrying out preliminary and real-time efforts to eliminate them.

Where to Find Fintech App Developers?

You get a bunch of essential options as to where to look for your future fintech app engineers, each offering differing hiring opportunities.

Hire Fintech App Developers: Everything You Need to Know - 2

Job boards

Professional resources like Fintech Coffee, eFinancialCareers, ValueCoders, and Toptal among others are job boards with a focus on all things fintech where you can search for applications or post your own job announcement.

Pros: Pre-required qualifications, get your vacancy seen, fast search, direct contact;

Cons: Extensive database may confuse, no intermediary management, vague guarantees.

Recruiting Agencies

To make your search more custom when you really know who exactly you are looking for, turning to a specialized recruiting agency may be a good idea. Just formulate your requirements and go to a well-proven agency, like Insight Global, Frontline Source Group, Bridge Technical Talent, or Adecco.

Pros: Individually sought specialists, qualification guarantees, fast and autonomous search for talent;

Cons: Higher costs, clear requirements are necessary, minimum intermediary management (may differ from agency to agency).

Outsourcing Firms

To get a more individual treatment at a sufficient hiring budget, you can take a step further and go to an established outsourcing firm. This is a great way to save on your own in-house team while hiring seasoned specialists that are professionally augmented into your project. Think Boosty, N-iX, and Exoft.

Pros: Lower offshore costs, support and management, specialized talents;

Cons: Possible lack of control, limited communication and flexibility.

Freelancers

An ultimately cost-saving option is to look for freelancers on profiled resources, like UpWork, LinkedIn, and Indeed. This gives you greater flexibility when forming a team, but takes away certain guarantees.

Pros: Huge database of freelancers, direct communication, flexibility;

Cons: No intermediary management, professional risks.

Talent platforms

Last but not least, there are full-on fintech talent marketplaces out there, including Equilink, Ashmore Stark, and Captura Search. Similarly to regular job boards, they offer an advanced search for available professionals in the niche, only with more hosting input, whereas job boards mostly act as independent search engines.

Pros: Flexible search, extensive options, convenient interfaces;

Cons: May lack management, scarce staff augmentation options.

How to Hire Fintech App Developers?

In order to pick a perfect-fitting fintech app developer, you must have your deciding factors straight. Here's a cheat sheet - above all, focus on:

  1. Portfolio
  2. Experience
  3. Flexibility

A truly reliable provider knows what its specialists are doing firsthand, backing the promised performance with successfully finished projects and a stuffed portfolio. This alone may indicate a provider's experience, but make sure to also pay attention as to whether the company stood the test of time (see how many years in the market it has been). Lastly, an experienced provider with a vivid portfolio must be prepared to adapt to your individual needs and requirements, so check what collaboration formats they support.

Why Hire Fintech App Developers at Artjoker?

Artjoker combines all of the above fintech developer hiring approaches and formats to give you custom-tailored teams that fully comply with your business and tech needs. We help you outsource tasks, augment staff, adopt dedicated teams, and achieve your fintech goals in any proper manner.

  • Over 1,000 projects delivered;
  • 16+ years of experience;
  • In-depth fintech expertise;
  • Official Google partner;
  • Praised by Clutch;
  • Huge tech coverage;
  • Wide range of full-cycle services;
  • Individual approach.

Conclusions

Finding reliable talent can be quite challenging. Especially in an industry as fierce and sensitive as fintech. Thankfully, there are honest seasoned specialists ready to guide you. Just make sure you know your stuff and use up-to-date ways to find them, and hire a fintech developer wisely.

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