Neobank Development Company
Deliver comprehensive banking services across any digital channel without the need to establish physical bank branches. With SoftTeco’s neobank development services, you can effortlessly tap into digital banking and establish a strong presence in the fintech market.
300
Customers worldwide
15
Years on the market
500
Employees
450
Successful projects
Why Partner With SoftTeco for Neobank Development?
01 / 03
Quick delivery
After we receive the confirmation of your registration in the charter bank, we start the infrastructure deployment and will deliver the requested solution in several months only.
02 / 03
Concurrent digital transformation
We can work on the digital transformation of your current IT environment without disrupting the main operational flow, thus ensuring that your business remains functioning during software optimization.
03 / 03
Unique solutions for every client
We precisely tailor every solution to the unique needs of our clients by conducting thorough audits and using our deep industry knowledge to propose the best solution in accordance with your current assets and desired goals.
How Can SoftTeco Help You Tap Into Fintech Digital Transformation?
We understand that our clients have different IT environments and thus, have different needs when it comes to digital banking. SoftTeco therefore offers two main service categories:
Custom Neobank Platform Development
Perfect for those who request developing a neobank solution from scratch and do not have an existing fintech environment. In the case of custom neobank development, SoftTeco provides you with a white-label fintech solution, equipped with core banking features, that can be personalized exactly how you need it.
Digital Transformation of an Existing Environment
If you already use a fintech solution or have digital banking processes in place but want to streamline and expand them, SoftTeco offers digital transformation of your current environment. After assessing your available resources and matching them with your business goals, we perform a setup of a full-featured neobank based on your existing system.
Fintech Services for Neobank Development
Discover a full range of services that we deliver to fintech companies and individuals to help them build a neobank that would precisely meet their needs:
Custom AML and KYC System Development
Anti-Money Laundering and Know-Your-Customer systems are critical for any modern fintech business. To enhance the security of your neobank solution, SoftTeco offers custom development of AML and KYC systems.
Anti-Money Laundering
Our intelligent, AI-based AML screening helps financial organizations comply with core regulations and timely detect any fraudulent activity with its further successful elimination. We offer constant monitoring and ensure full compliance with KYC and FATF’s recommendations on the risk-based approach through our advanced AML solution.
KYC
SoftTeco offers the development of a powerful Know-Your-Customer system to help you establish a secure digital environment and timely detect any potential threats. We can seamlessly integrate our KYC solution in your current system and fine-tune it in full accordance with your business requirements.
Regulatory Compliance
Cryptocurrency regulation and digital operations compliance
MiCAR, DORA
Customer identification and anti-financial crime adherence
AML/CFT, KYC, FATF and OFAC SCP
Compliance with financial standards
SEC Regulation SCI, SOX
Security regulation mechanisms
OWASP, SAMA, NYDFS
Data encryption methods
SSL/TLS, EV SSL, code signing certificates
Data protection compliance
GLBA, GDPR, CCPA, PIPEDA
Accessibility standards adherence
WCAG, ADA
Payment security requirements
PCI DSS, PA DSS, PSD2
Assurance of third-party integrations and services security
Integration of information security and quality management standards
ISO 27001, ISO 9001
Software license compliance
Why Choose SoftTeco for Neobank Development Services?
Our Delivery Models
Outstaffing Services
Dedicated Team
Full IT Outsourcing
Hire as many professionals as your project requires without the need to assemble a full team. This delivery model is great for those who have an existing skill gap and need to close it as quickly as possible.
OS
Extensive scope
Flexible budget
Pay-as-you-go
Hire a full team of professionals to manage and deliver your digital banking project within the defined time period and budget. Managed by SoftTeco’s Project Manager, our team will expertly handle your requests and bring your idea to life in the most efficient manner.
DT
Large pool of talent
Cost savings
Transparent
pricing model
SoftTeco offers a full IT outsourcing model, meaning we will plan out and deliver your project from start to finish. From full-cycle neobank development to IT infrastructure support and compliance check, we will manage every aspect of the project.
FIO
Predefined scope
Fixed
budget
Warranty & Support
Featured Projects
What our clients say
Their iOS development skills are really good. The app works and looks great and I am very happy with the support the team was able to provide post launch.
