Mobile devices have already penetrated every sphere of our lives. The financial area is not an exception. We use gadgets when paying bills, lending money, and saving for vacations. Financial apps make life easier by offering excellent benefits, like high-security levels, easy access, and free cards.
We wanted to highlight the Best 10 FinTech apps in 2019 that deserve your attention.
The Best 10 FinTech apps in 2019
Matador is an application for social investing. It utilizes the functionality of Twitter and Robinhood; on the one side, you have an app for connecting to your friends, while on the other – tool for investments. You can see what your friends are investing in and follow their lead. Beyond the social investing aspect, it also allows free trading of stocks and ETFs. Also, the app offers all the information needed to make a trade, users can research companies, view their stock price history, and enter trades.
Price: app downloading is free
Australian FinTech startup, Finch, has launched a mobile app that intends to change the consumer finance experience. Finch claims to be a financial app for social life. The main idea is to make finance easier and more social. The app is designed and targeted at Millennials who perceive mobile as essential to their social existence. The mobile application owns payment features that enable users to pay and request money from friends instantly and securely without bank detail, run tabs to track group expenses, split bills, and manage all expenses. The app combines social payments and financial insights to help Millennials better understand their financial situation.
Tellus is not a typical financial application, it’s a rental management solution that handles all common interactions between tenants and landlords. It helps landlords or property managers collect rent, manage the property, and keep all tenant data in one place. The application utilizes online rent payment, tenant screening, rental listing, expense tracking, repairs, chat, and digital leases. Founders brought together the best-in-class innovations from fintech, messaging, platforms, and file sharing.
Price: free of charge for landlords, property managers, and tenants
Personal finance management app Emma is already gained wide popularity after immediately after launch. Emma is a financial advocate that helps users in avoiding overdrafts, find wasteful subscriptions, and give control over personal finances. The app allows users to connect to their bank accounts and track expenses. Emma provides useful financial advice and recommendation on running your budget thoughtfully. Also, it helps you keep track of banking accounts, eliminating the need for official bank apps. Founders paid great attention to security. So Emma uses several state-of-the-art security measures to ensure full data protection.
Honeyfi is a mobile app that helps couples to reduce money-related arguments. App offers tools to share information on respective account balances and spending. Honeydue lets couples make comments on individual transactions and manage bill reminders together. The app targets a Millennial audience and aims to improve financial relationships between partners. Honeydue allows users not only to split expenses but rather share account balances and activity. The fact that the app enables its users to budget individual accounts (privately) and budget joint accounts (sharing with a partner), distinguishes it from other similar apps.
Payroller is the world’s easiest payroll software, made for small businesses. It gives employers the freedom to run their payroll with innovative mobile app syncing features designed to save time. Currently, Payroller is only available in Australia.
Price: free of charge
Invoicing becomes much more appealing and easier with a launch of a new app called Inly. With Inly everyone can quickly and easily send invoices, and get paid with eCheck or a Credit Card. The app is the perfect solution for artists like photographers and videographers, who frequently don’t like to deal with checks and invoices. The founders wanted to make sending and receiving invoices a truly enjoyable experience, which would make clients pay more quickly. Additionally, the mobile app enables users to create custom contracts for clients and conduct business analytics.
To use the app, you must sign up, set up a Stripe account if you don’t already, and start receiving/sending payments. The users already enjoyed Inly for its outstanding design and great functionality.
Price: free, Pro version costs $6/month
Bundil is an investing mobile app. It allows users to automatically invest their spare change from everyday credit or debit card purchases into cryptocurrency. For an average person, crypto investing may be overwhelming,
Bundle removes this barrier by simply rounding up purchases and automatically investing spare change. The app links to a Coinbase account and buys coins there. Therefore before using Bundil user has to create an account in Coinbase. The app offers you the choice of which type of cryptocurrency you want to purchase – and the ability to switch to another. Users can easily track portfolio growth and manage their currencies without leaving the app.
For now, Bundle is only available for users who own a US bank account, but in the future, founders will also work with other banks. The app will be useful for those who want to invest in cryptocurrencies but don’t know where to start. There is a 7-day free trial. So, if you are interested, you have a chance to try investing right away.
Price: $1/month (paid yearly)
9. Robinhood Crypto
Fresh app Robinhood Crypto squirmed the global crypto community. The mobile-first brokerage app Robinhood started crypto trading. The app allows one to buy and sell cryptocurrencies without any added transaction fees compared to Coinbase’s 1.5 to 4 percent fees. Additionally, the mobile app lets all users track the price and news and set up alerts on top crypto coins. Robinhood lets users start trading bitcoin and other cryptocurrencies immediately after account creation. With Robinhood, users can buy and sell up to $1,000 worth of cryptocurrency with a bank transfer.
Experts predict that Robinhood may outrun the popular trading app Coinbase by offering no transaction fees.
The Root is not an app, but rather a financial services toolkit API, helping developers build their own banking experience with code. Since we are into software development, we couldn’t help but mention this service. The Root bank account has full API access, so the user can use code to manage money (send transfers, create new virtual cards, categorize transactions, etc). The API enables them to control money programmatically, build their own features, and securely integrate with other services.