What this fintech budget includes
- Payment gateways (Stripe / PayU)
- Basic KYC (document upload + validation)
- Financial dashboard for end users
- User onboarding flow
- Advanced admin panel
- Role management
- Notifications (push + email)
- 3-month post-launch support
What drives the cost of a fintech app?
The biggest cost driver in fintech is regulatory compliance. Each layer of KYC, AML, or PCI-DSS adds weeks of development. A product with full KYC and regulatory reporting can cost more than twice a compliance-free MVP.
The LATAM blended rate (~$45 USD/hour) assumes a mixed senior/mid team in Colombia, Mexico or Argentina. Teams in Europe or North America multiply the cost by 2–3x.
Frequently asked questions
- How much does a fintech app cost?
- A mid-scope fintech platform for LATAM costs around $86,500 USD and takes 9 months with a blended team at ~$45/hour. An MVP without compliance can start from $30,000 USD / 3 months.
- What compliance does a fintech app require?
- KYC (Know Your Customer), AML (Anti-Money Laundering), PCI-DSS for payments and local financial data protection laws. If you need full compliance, check the KYC/AML budget.
- Does the budget include KYC?
- Yes, it includes basic KYC (document upload and identity validation). For a full KYC/AML platform with sanctions screening and biometric liveness, see the KYC/AML budget ($123,300 / 13 months).
- Does it include UX/UI design?
- Yes. The budget includes mid-fidelity wireframes and interface design. Branding (logo, visual identity) has an additional cost.