Mobile devices already penetrated every sphere of our lives. Financial area is not an exception. We use gadgets when paying bills, lending money and saving for vacations. Financial apps make our life easier by offering excellent benefits, like high-security level, easy access, and free cards.
We wanted to highlight the Best 10 FinTech apps in 2019 that definitely deserve your attention.
The Best 10 FinTech apps in 2019
Matador is an application for social investing. It utilizes 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 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 an essential part of their social existence. The mobile application owns payments 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 get a deeper understanding of their financial situation.
Tellus is not a typical financial application, it’s ruther a rental management solution that handle all common interactions between tenants and landlords. It helps landlord or property manager to collect rent, manage property, and keep all tenant data in one place. Aplication utilizes features like online rent payment, tenant screening, rental listing, expense tracking, repairs, chat, and digital leases. Founders brought in together the best-in-class innovations from the fintech, messaging, platforms, 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, finding wasteful subscriptions and giving control over personal finances. The app allows users to connect to the 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 bank official apps. Founders paid great attention to the 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 to make comments on individual transactions and manage bill reminders together. The app is targeted at a Millenial audience and aims to improve financial relationships between the partners. Honeydue allows users not only to split expenses but rather share account balances and activity. The fact, that app enables its users to budget individual accounts (privately) and budget joint accounts (sharing with a partner), distinguishing it from other similar apps.
Payroller is the worlds easiest payroll software, made for small businesses. Giving employers the freedom to run their own payroll with innovative mobile app syncing features designed to save time. Currently Payroller is only available in Australia.
Price: free of charge
Invoicing become much appealing and easier with a launch of a new app, called Inly. With Inly everyone can quickly and easily send invoices, get paid with eCheck or 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 will make clients pay quicker. Additionally, the mobile app enables users to create custom contracts for clients and conduct business analytics.
In order to use the app, you have to sign up, set up a Stripe account if you don’t have one already, then start receiving/sending payments. The users already enjoyed Inly for the outstanding design and great functionality. Let’s watch its promotional video, as we find it hilarious:
Price: free, Pro version costs $6/month
Bundil is an investing mobile app. It allows users to automatically invest your spare change from everyday credit or debit card purchases into cryptocurrency. For an average person, crypto investing may be overwhelming,
Bundil removes this barrier by simply rounding up purchases and automatically investing spare change. The app links to 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 choosing which type of cryptocurrency you would like to purchase – and the ability to switch to another one. Users can easily track portfolio growth and manage their currencies all without leaving the app.
For now, Bundil is only available for users who own US bank account but in future founders plan to work with other banks as well. 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 global crypto community. The mobile-first brokerage app Robinhood started crypto trading. The app allows to buy and sell cryptocurrencies without any added transaction fees compared to Coinbase 1.5 to 4 percent fees. Additionally, the mobile app lets all users track the price, news, and set up alerts on top crypto coins. Robinhood enables users to start trading bitcoin and other cryptocurrencies immediately after account creating. 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 financial services toolkit API, helping developers build own banking experience with code. Since we are into software development, we couldn’t help but mention this service. The Root is a bank account that 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 to control money programmatically, build own features, and securely integrate with other services.
Read more about fintech app in our article: How to Build Secure Mobile Applications for Fintech