Digital wallets have evolved into a core fintech product, driving demand for fintech software development companies for digital wallet apps across banking, payments, and embedded finance.
Forbes states that digital wallets now compete primarily in UX, branding, authentication, and ecosystem integration, as infrastructure and card rails still dominate settlement.
Market data confirms the scale. The Worldpay Global Payments Report 2024 shows that digital wallets already account for 50%+ of global e-commerce transactions and around 30% of global POS spend, totaling nearly $14 trillion in transaction volume. By 2027, wallet-based payments are projected to approach $25 trillion, making digital wallets the fastest-growing payment method globally.
From a market size perspective, Fortune Business Insights values the global mobile wallet market at $204.66B in 2024 and forecasts growth to $784.67B by 2032, with a ~18.5% CAGR, fueled by smartphone accessibility, e-commerce growth, and cashless economy initiatives in emerging markets.
As digital wallets evolve into key fintech platforms, companies increasingly depend on fintech software development firms to create digital wallet applications that are secure, compliant, and scalable, enabling them to compete effectively in a crowded and rapidly growing market.
Against this backdrop of explosive wallet adoption and intensifying competition, choosing the right delivery partner becomes critical. Below, we highlight 15 Best Software Development Companies for Digital Wallet Apps, selected based on proven fintech and payments experience, security and regulatory compliance, technical depth, delivery teams, and the ability to build scalable, production-ready wallet platforms.
15 Best Fintech Software Development Companies for Digital Wallet Apps
1. Computools
Let’s start with Computools –it ranks at the top of this listing for its consistent delivery of fintech software development services for complex digital wallet products. Over 12+ years, the company has grown to a team of 250+ engineers and completed 400+ custom solutions, including 20+ fintech systems across payments, eWallets, crypto, lending, regtech, and investment platforms.
Rather than building standalone apps, Computools engineers wallet-centric financial platforms that handle transaction processing, onboarding, fraud controls, currency management, and real-time data flows as a single system. These solutions are designed for ecommerce, banking, and enterprise use cases where performance, reliability, and scale are non-negotiable.
From an architectural perspective, the company uses a microservices-based design that supports high transaction volumes and continuous integration with global payment networks such as Visa, Mastercard, and SWIFT, as well as regional PSPs.
Modernization is a major focus area. Computools helps fintechs and financial institutions replace legacy payment stacks, streamline regulatory workflows, and shorten product release cycles through structured fintech software development services tailored to regulated environments.
Delivery processes align with PCI DSS, SOC 2, GDPR, PSD2, DORA, and KYC/AML requirements and follow ISO 9001 and ISO 27001–based practices, ensuring security and quality at scale.
The company’s portfolio includes production-grade fintech platforms such as Finmap Online, Crypthusiast, Invest Latam, and Generation Group, confirming its ability to deliver scalable digital wallet ecosystems across multiple markets.
2. Infograins
InfoGrains focuses on building blockchain-based and crypto wallet solutions for fintech and Web3 products. With a team of 200+ engineers, the company delivers secure digital wallets that support multiple tokens, use client-side encryption, and integrate with DeFi platforms and payment providers.
One of its notable projects is Slice Wallet, a privacy-first mobile wallet for buying, sending, receiving, staking, and storing crypto assets. The wallet uses RSA and ECDSA encryption, supports multiple tokens, and integrates with MoonPay, Simplex, and Transak for fiat-to-crypto transactions.
InfoGrains is well-suited for startups and product teams seeking custom crypto wallets with strong security controls, real transaction flows, and extensible architecture.
3. Hiteshi
Hiteshi Infotech delivers custom mobile and web solutions with practical experience in building digital wallets and payment-enabled applications. Founded in 2006, the company has completed 400+ projects for clients across 29 countries, working with fintech, ecommerce, and enterprise platforms.
For wallet-focused products, Hiteshi supports secure mobile architectures, payment integrations, and scalable backend systems, helping businesses launch and maintain wallet-enabled apps across iOS, Android, and web environments. Delivery processes are backed by ISO 9001:2015 certification, ensuring consistent quality and structured development workflows.
Hiteshi is a solid fit for companies seeking cost-effective digital wallet development with reliable execution and long-term support.
4. Flyte Solutions
Flyte Solutions is a Bangladesh-based product engineering firm specializing in secure, scalable web and mobile platforms, including wallet-adjacent payment experiences for fintech and digital businesses. Founded in 2012, the company pairs modern stacks (cloud-native, microservices, DevOps) with strong UI/UX execution for market-ready apps.
For digital wallet projects, Flyte is most relevant when clients expect mobile-first delivery, payment processing, and API integrations, along with a backend built for growth (cloud deployment, CI/CD, monitoring). The company also emphasizes security-led delivery, supported by ISO 9001:2015 and ISO 27001, as well as partnerships with AWS and Google.
Ideal for teams developing wallet apps or wallet-enabled products that need quick execution, a clean user experience, and scalable cloud architecture.
5. Inoxoft
Inoxoft is a US-headquartered development partner with 10+ years on the market and 200+ in-house engineers, delivering 200+ projects with a strong focus on secure, scalable fintech builds. Digital wallet apps are well-positioned for mobile and web delivery, API-first backend development, and cloud-ready architectures that can scale to support integrations.
On the compliance side, Inoxoft highlights ISO 27001, ISO 9001:2015, and CMMI Level 4, which are relevant to handling sensitive payment and identity data for wallet products. Their fintech scope includes digital wallets, payment features, fraud prevention tooling, and open banking-style integrations, making them a solid pick for teams building wallet-enabled platforms in regulated environments.
6. inVerita
inVerita is a Ukraine-based engineering company with strong expertise in banking and digital wallet–enabled platforms. With 10+ years on the market and a team of 150+ engineers, the company builds secure, cloud-ready financial solutions for US-focused fintech, healthcare, retail, and enterprise clients.
For digital wallet use cases, inVerita delivers mobile and web wallet components, payment flows, e-wallet functionality for neobanks, fraud monitoring, biometric authentication, cashback logic, and real-time transaction analytics. Their solutions are designed for compliance-heavy environments, supported by ISO 9001:2015 and backed by deep experience in security, encryption, and identity controls.
inVerita is a strong choice for teams building wallet-backed banking apps, neobanks, or payment-enabled platforms that require reliability, regulatory awareness, and scalable architecture.
7. SoluLab
SoluLab is a Web3- and blockchain-focused development company with deep specialization in crypto and digital wallet solutions. Founded in 2014, the company brings together 250+ engineers and has delivered 1,500+ projects across fintech, blockchain, and AI-driven products for startups and global enterprises.
In the digital wallet industry, SoluLab distinguishes itself through extensive experience with crypto, multi-currency, MPC, NFT, and white-label wallet platforms. The team develops both centralized and decentralized wallets, addressing mobile, web, and hardware-secure applications, with a strong focus on encryption, key management, and secure transaction processes.
SoluLab is a strong match for companies building Web3 wallets, DeFi products, tokenized asset platforms, or crypto-enabled payment ecosystems that require production-grade security, scalability, and blockchain-native expertise.
8. Plavno
Plavno is a Poland-based software development company with a strong focus on AI-driven fintech products, including digital wallets and payment-enabled platforms. Founded in 2007, the company delivers end-to-end product development with teams covering analysis, design, engineering, QA, and long-term support.
For wallet-related use cases, Plavno builds web and mobile digital wallets, BNPL solutions, and payment processing apps with AI-powered fraud detection, biometric authentication, and real-time analytics. Their platforms are designed to scale in regulated environments and integrate perfectly with banking APIs, payment gateways, and cloud infrastructure.
With ISO 9001 and ISO 27001 certifications and experience in AI-first delivery, Plavno is a strong fit for companies developing intelligent digital wallets, payment apps, or embedded finance solutions where automation, security, and speed-to-market matter.
9. Glorium Technologies
Glorium Technologies is a US-based digital transformation partner with 14+ years of experience and a strong background in fintech and payment-enabled platforms. The company works with startups and mid-sized businesses, delivering secure, scalable web and mobile solutions.
In the context of digital wallets, Glorium focuses on wallet-enabled financial apps, P2P transfers, payment flows, and client-facing fintech products with an emphasis on security, compliance, and UX. Their delivery is backed by ISO 9001 and ISO 27001, as well as GDPR and HIPAA compliance, making them suitable for regulated wallet use cases.
Glorium Technologies is a solid option for teams building digital wallet applications or payment-centric products that require reliable delivery, compliance readiness, and end-to-end product development.
10. Codiant Software Technologies Pvt. Ltd.
Codiant is an AI-driven software development and digital innovation company focused on enterprise-grade web and mobile solutions. With more than 20 years of experience in digital transformation and a worldwide team of over 550 experts, Codiant assists organizations in updating legacy systems, speeding up time-to-market, and creating scalable, user-focused products in regulated and rapidly growing industries.
The company has strong domain expertise in business and finance services, building secure, compliant solutions for digital payments, wallets, lending, insurance, and core financial operations. Codiant combines AI, data analytics, cloud, and blockchain technologies to support fraud detection, KYC and compliance workflows, intelligent automation, and real-time financial insights, making its solutions suitable for banks, fintech startups, and enterprise financial platforms.
Codiant’s ISO 9001, ISO 27001, and CMMI Level 5 certifications establish it as a full-cycle technology partner—covering strategy, UX, development, deployment, and long-term support. Its AI-first approach and experience with complex BFSI products enable clients to launch reliable financial solutions more quickly while upholding high standards of security, performance, and ROI.
11. Cyber Infrastructure Inc.
Cyber Infrastructure is a global software engineering and digital transformation company with over 12 years of experience delivering large-scale, secure technology solutions. With a mission to improve everyday life through technology, CIS supports enterprises worldwide with cost-efficient, standards-driven software development backed by deep technical expertise.
The company has a strong footprint in fintech and banking, building solutions such as digital wallets, mobile and online banking platforms, payment gateways, credit processing systems, and finance management software. CIS focuses on automation, cloud enablement, analytics, and AI-powered customer experiences, helping financial institutions modernize operations while maintaining security, compliance, and reliability.
Certified to ISO 9001 and ISO 27001, and at multiple CMMI maturity levels up to Level 5, CIS positions itself as a dependable long-term partner for complex financial and enterprise systems. Its ability to deliver scalable, customizable fintech solutions at competitive rates makes it a practical choice for organizations seeking rapid digital adoption without compromising quality or compliance.
12. TechWize
TechWize is a US-based web and mobile application development company with over two decades of experience delivering custom software solutions for enterprises worldwide. With teams across the US, UK, and India, TechWize supports organizations through the full lifecycle of digital product development, from consulting and design to deployment and long-term maintenance.
The company specializes in web and mobile app development, building scalable B2B and consumer-facing applications across modern technology stacks, including JavaScript frameworks, .NET, Python, and cloud-native architectures. TechWize works with both greenfield products and legacy system modernization, helping businesses improve performance, usability, and security across web, mobile, and desktop platforms.
Supported by ISO 9001 and ISO 27001 certifications, as well as HIPAA and SOC 2 compliance, TechWize establishes itself as a dependable long-term technology partner. Its blend of experienced engineering talent, adaptable engagement approaches, and a focus on quality ensures it is a strong option for organizations looking for secure, scalable, and resilient web and mobile solutions.
13. Kuchoriya Techsoft
Kuchoriya TechSoft is an ISO 9001:2015–certified software development company founded in 2009 that delivers mobile apps, web development, and custom software for businesses worldwide. With 700+ completed projects and clients across 50+ countries, they position themselves as a full-cycle partner from discovery and UI/UX to development, QA, and ongoing support.
They build iOS, Android, and cross-platform apps (including React Native and Flutter), plus responsive web solutions and tailored software to streamline operations. Their capability set also spans AI/ML for automation and analytics, cloud delivery, blockchain development, DevOps, and IT consulting. So they can cover both “build a product” and “modernize what we already have” scenarios.
In fintech specifically, Kuchoriya TechSoft highlights experience in mobile banking, digital wallets, payment integrations, KYC, and other security-focused features, aiming for scalable, compliant, user-friendly financial products.
14. SotaTek
SotaTek is a Vietnam-headquartered IT services and managed services provider that builds cost-effective, scalable software across web/app/game development, blockchain, AI/ML, and ERP/CRM. With 9+ years on the market and a team of 1,300+ engineers and consultants, they deliver multi-industry projects for sectors like banking and finance, insurance, healthcare, retail, automotive, and education.
They highlight 500+ completed projects across 25+ countries and a growing international footprint, with offices in markets including the US, Australia, Singapore, Japan, and Korea. The company frames its value around “state-of-the-art technology” paired with delivery consistency, covering both product development and longer-term operational support.
SotaTek also emphasizes external validation and governance: awards from platforms such as Clutch/GoodFirms/Vendorland and compliance certifications including ISO 9001, ISO 27001, and CMMI Level 3, plus a “Great Place To Work” recognition.
15. Quantum IT Innovation
Quantum IT Innovation is a mobile and web development company focused on building custom digital products across web, mobile, AI, and digital marketing. Over the past 10 years, they have provided end-to-end services, such as custom websites and iOS/Android apps, as well as AI consulting and automation, blending creative design, engineering, and strategy to support business growth.
With a 200+ person team covering AI, big data, RPA, cross-platform and native mobile development, web engineering, and marketing, the company reports working with 1,000+ clients across industries such as healthcare, banking, education, finance, and FMCG. Their delivery model covers both build and ongoing support, including QA, maintenance, and optimization for performance and user experience.
Quantum IT Innovation operates globally with offices across the USA, Ireland, the UK, UAE, Singapore, Canada, Australia, and India, and runs partner credentials such as Google Partner. They position themselves as a long-term digital transformation partner, offering consultation through delivery and lifecycle support for scalable products.
What’s next
Digital wallets have moved way beyond just sending money or storing cards. They’ve become the tools we rely on for everything from our ID and subscriptions to how we access basic services. In the coming years, the real win won’t be flashy new features, but how quietly and reliably these wallets just work in our daily lives.
We’re seeing a big shift toward identity. Things like biometrics and digital IDs are becoming the new normal, especially as we use wallets for banking, travel, and even public services. Behind the scenes, security and fraud prevention are being baked into the core—users don’t see it, but it’s what keeps the whole system from breaking.
At the same time, wallets are getting smarter. AI is now handling the heavy lifting, like spotting fraud or tracking spending, but in a way that feels helpful rather than overwhelming. The best wallets won’t try to be “smart”; they’ll just feel safe and easy to use.
For fintechs, this means the stakes are higher. Creating a wallet today involves a swift launch and selecting a partner capable of developing a flexible solution that can adapt to new regulations and evolving habits over many years.
This post may contain affiliate links.
More Recommended Ebike/Scooters
Check out these other ebikes and scooters I've reviewed:
- Urban Arrow Ebike – Last year, I made one of the largest purchases I’ve ever made – I bought a $9,000 electric cargo bike from Urban Arrow. In my Urban Arrow review, I will discuss what it is and why I decided to buy this bike, as well as discuss how impactful a bike like this can be on your journey to financial independence.
- Troxus Explorer Step-Thru Ebike – The Troxus Explorer Step-Thru is a fat-tire ebike that I’ve had the pleasure of riding for a while now. It has amazing power, great looks, and awesome range. If you’re looking for a great fat-tire ebike that offers a lot for the price, the Troxus Explorer Step-Thru is definitely one for you to consider. Check out my Troxus Explorer Step-Thru Review.
- Hovsco HovBeta Ebike – The HovBeta is a folding ebike with great specs and a lot of interesting features, and importantly, it’s sold at a good price point. I’ve had a blast commuting with it and using it to do deliveries with DoorDash, Uber Eats, and Grubhub. Check out my Hovsco HovBeta Ebike Review.
- Vanpowers Manidae Ebike – The Vanpowers Manidae is a fat tire ebike that I’ve been riding as my primary winter commuting bike and have also been using it to do food delivery with apps like DoorDash, Uber Eats, and Grubhub. After clocking in a decent number of miles with this ebike, I wanted to write a post sharing what my experience with the Vanpowers Manidae ebike has been like. Check out my Vanpowers Manidae Review.
- Sohamo S3 Step-Thru Folding EBike Review – A Great Value Folding Ebike – The Sohamo S3 Step-Thru Folding Ebike is an entry-level folding ebike that offers a lot of value for the price point. I’ve been riding the Sohamo S3 for a while now, putting the bike through its paces, and I have to say, this bike has exceeded all of my expectations. Check out my Sohamo Review.
- KBO Flip Ebike – The KBO Flip is an excellent bike. I’ve had a great time riding it and think it’s a versatile bike that can be used for a lot of purposes and can fit a variety of lifestyles. It’s worked out great for me as a general commuter bike and as a food delivery bike. Check out my KBO Flip Review.
- Hiboy P7 Commuter Ebike – The Hiboy P7 is an excellent electric commuter bike that’s offered at an affordable price point. The range and speed of this bike are both very good, so you won’t have any trouble getting anywhere you need to go with it. As a food delivery vehicle, this is also good – with how much range it offers, you’ll be able to work all day on a single charge. Check out my Hiboy P7 Commuter Electric Bike Review.
- Himiway Escape Ebike – The Himiway Escape is an interesting bike for anyone looking for a moped-style ebike. If you’re a gig economy worker, the Himiway Escape is particularly interesting and it’s possible to think of it as an investment, especially if you can opt to do deliveries with the Himiway versus using a car. It’s not cheap, but you can definitely make your money back when you compare the mileage you’ll put on your car versus using an ebike. Check out my Himiway Escape Bike Review.
- Espin Sport Ebike – The Espin Sport is a good ebike for someone who is looking for an ebike that feels and rides more like a regular bike. There are many ebikes that are really only bikes in name. In reality, they’re basically electric mopeds. The Espin Sport, by contrast, is a bike you could probably ride without the battery and you’d feel like you’re just riding a regular bike. Check out my Espin Sport Review.
- Varla Eagle One Scooter – The Varla Eagle One is an excellent scooter that can make sense for a lot of people. It can work as a primary mode of transportation. You can use it to work on gig economy apps like DoorDash, Uber Eats, and Grubhub. And it can also be a recreational vehicle if you’d prefer to use it for that. Check out my Varla Eagle One Review.
- Varla Falcon Scooter – The Varla Falcon is an excellent scooter that offers a good amount of power at a lower price point compared to more powerful scooters. It’s not exactly an entry-level scooter, nor is it a high-powered scooter. I think it fits somewhere in-between those two categories – an intermediate scooter if I had to give it a category. Check out my Varla Falcon Review.
- Hiboy S2 Scooter – The Hiboy S2 is an excellent entry-level commuter scooter that's perfect for someone looking to save some money in transportation costs and improve their commute. Check out my Hiboy S2 Review.
- Hiboy S2R Scooter – The Hiboy S2R is one of the more interesting electric scooters I’ve been able to test out. It’s not a high-powered scooter, but for an everyday transport option, it’s very useful, especially given some of the unique features that it has. Indeed, for the price, the Hiboy S2R might be the best value scooter I’ve used. Check out my Hiboy S2R Review.
- Fucare H3 Scooter – The Fucare H3 is a fun scooter and I’ve enjoyed testing it out. For a daily commuter or quick trips or errands, the Fucare H3 is probably the scooter I’ll use. It’s portable and easy to maneuver, so it’s just easier to take on the road when I need it. Check out my Fucare H3 Scooter Review.
More Recommended Investing App Bonuses
For additional investing app bonuses, be sure to check out the ones below:
- M1 Finance ($75) – This is a great robo-advisor that has no fees and allows you to create a customized portfolio based on your risk tolerance. You also get $75 for opening an account. Check out my M1 Finance Referral Bonus – Step-By-Step Guide.
- SoFi Invest ($25) – SoFi Invest is an easy brokerage account bonus that you can earn with just a few minutes of work. Use my SoFi Invest referral link, fund your SoFi Invest brokerage account with just $10 and you’ll get $25 of free stock. I also have a step-by-step guide for the SoFi Invest referral bonus.
- Robinhood (1 free stock) – Robinhood gives you a free stock valued between $2.50-$225 if you open an account using my referral link.
- Public (1 free stock) - Public gives you a free stock valued between $3-$70 if you open an account using my referral link.
More Recommended Bank Account Bonuses
If you’re looking for more easy bank bonuses, check out the below options. These bonuses are all easy to earn and have no fees or minimum balance requirements to worry about.
- Ally Bank ($100) – Of all the banks out there, Ally is, without a doubt, my favorite. At the moment, Ally is offering $100 to customers who open an eligible Ally account and meet the requirements. Here are the step-by-step directions to earn your Ally Bank referral bonus.
- Chime ($100) - Chime is a free bank account that offers a referral bonus if you use a referral link and complete a direct deposit of $200 or more. In practice, any ACH transfer into this account triggers the bonus. This bonus is easy to earn and posts instantly, so you’ll know if you met the requirements as soon as you move money into the account. I wrote a step-by-step guide on how to earn your Chime referral bonus that I recommend you check out.
- US Bank Business ($400/$1200) – This is a fairly easy bank bonus to earn, since there are no direct deposit requirements. In addition, you can open the Silver Business Checking account, which comes with no monthly fees. Check out how to earn this big bonus here.
- Current ($50) – Current is a free fintech bank that’s offering new users a $50 referral bonus after signing up for an account using a referral link. Current is an easy bonus to earn and also gives you access to three savings accounts that pay you 4% interest on up to $2,000. That means you can put away up to $6,000 earning 4% interest. That’s very good and makes Current an account I recommend to everyone. Check out my step-by-step guide on how to earn your Current Bank bonus.
- Novo Bank ($40) - Novo bank is a free business checking account that’s currently offering a $40 bonus if you open a Novo business checking account using a referral link. In addition to being a good bank bonus, Novo is also a good business checking account. It has no monthly fees or minimum balance requirements and operates a good app and website. Indeed, it’s the business checking account I currently use for this blog. Check out my post on how to easily open a Novo account.
- Varo ($25) – Varo is a free fintech banking app similar to Chime or Current. It’s currently offering a $25 bonus to new users that open a new Varo account with a referral link. The bonus for this bank is very easy to meet, all you need to do is spend $20 within 30 days of opening your Varo account. Check out my step-by-step guide to learn how to earn this bonus.
Kevin is an attorney and the blogger behind Financial Panther, a blog about personal finance, travel hacking, and side hustling using the gig economy. He paid off $87,000 worth of student loans in just 2.5 years by choosing not to live like a big shot lawyer.
Kevin is passionate about earning money using the gig economy and you can see all the ways he makes extra income every month in his side hustle reports.
Kevin is also big on using the latest fintech apps to improve his finances. Some of Kevin's favorite fintech apps include:
- SoFi Money. A really good checking account with absolutely no fees. You'll get a $25 referral bonus if you open a SoFi Money account with a referral link, and an additional $300 if you complete a direct deposit.
- 5% Savings Accounts. I'm currently getting 5.24% interest on my savings through a company called Raisin. Opening a Raisin account takes minutes to complete, it's free, and all of your funds are FDIC-insured. I explain how it works, why I'm now using it to store my emergency fund and any other cash savings I have, and why I recommend everyone check it out in this review.
- US Bank Business. US Bank is currently offering new business customers a $400/$1200 signup bonus after opening a new account and meeting certain requirements.
- M1 Finance. This is a great robo-advisor that has no fees and allows you to create a customized portfolio based on your risk tolerance. You also get $75 for opening an account.
- Empower. One of best free apps you can use to monitor your portfolio and track your net worth. This is one of the apps I use to track my financial accounts.
Feel free to send Kevin a message here.
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