New data has revealed that global FinTech adoption reached 64 percent as of 2019, more than double the rate reported for 2017.
In addition, 98 percent of SME adopters claim that their company regularly reviews technological tools and software to ensure that they are the most suitable options. With that in mind, SoftwareDevelopmentCompany.co, a B2B marketplace connecting brands with software developers, has come up with a list of the top 30 companies that develop the FinTech software to assist banks, credit companies, FinTech startups and more with their business needs.
SoftwareDevelopmentCompany.co analyzed each software development company's experience, portfolios, case studies, location, hourly rates and more to come up with a list of the developers around the world who are most likely to deliver results.
According to its findings, the top developers are: ADK Group; Aelieve, LLC; Andolasoft; Appetiser; *instinctools Company; Cappen; Clustox; CognitiveClouds; Cubix; Decipher Zone Softwares; Digital Silk; EMERGE; Fingent Corporation; Hexagon IT Solutions; Highland Solutions; Imperium Apps GmbH; IPIX Tech Services PVT LTD; JetRuby Agency; KitRUM; MaxSoft; Net Solutions; Next Big Technology; Peerbits; PixelCrayons; Romexsoft; RootQuotient; Scand; Techmango Technology Services; 2muchcoffee; and Visualwebz LLC.
As recent data shows that 75 percent of the world's internet-enabled consumers used a FinTech app to move money last year, the need for FinTech software developers is bigger than ever. In fact, a recent study found that the global population of software engineers will reach 27.7 million by the end of 2023, increasing by over a million each year.
According to Evans Data’s Global Developer Population and Demographics Study, while the United States currently has the largest population of developers, India is expected to take the lead by 2023. Yet the top nation for growth will be China, where the developer population is predicted to increase between 6 percent and 8 percent each year until 2023.
“The US can be viewed as the cradle of software development and thus has always had the largest developer population,” said Janel Garvin, CEO of Evans Data Corp, “However, emerging countries are definitely catching up. This is true overall and also in the adoption of various leading-edge technologies, where we see a very strong uptake in China, India and also Brazil.”