Digital Banking & Neobank Development — Accounts, Cards & Mobile Banking
Quick answer
What does Hurain Technologies build for digital banking & neobanks?
Neobanks and digital-first banking platforms have to ship product at software speed while meeting the same regulatory bar as incumbent banks, which means API-first core architecture, automated compliance, and fraud controls built in from day one rather than retrofitted.
Reviewed by Shahnavaz Syed, Founder · Last updated
Overview
Digital Banking & Neobanks software, built for how the industry really works
Neobanks and digital-first banking platforms have to ship product at software speed while meeting the same regulatory bar as incumbent banks, which means API-first core architecture, automated compliance, and fraud controls built in from day one rather than retrofitted.
Digital Banking & Neobanks teams typically need: aPI-first core banking and ledger architecture; card issuing and account management integration; automated onboarding, KYC, and transaction monitoring; real-time fraud and risk scoring; scalable, audit-ready cloud infrastructure.
We work as an engineering partner for digital banking & neobanks businesses — from discovery and architecture to build, compliance evidence and 24/7 support after launch — so your team can focus on customers, partners and regulators.
The challenge
What digital banking & neobanks teams struggle with
Core banking vendors that slow product velocity
Many banking-as-a-service and core providers still require vendor-managed release cycles that conflict with a neobank's need to ship weekly.
Onboarding drop-off from manual KYC steps
Manual identity verification steps in account opening drive real drop-off at exactly the moment a neobank is trying to win a customer.
Fraud exposure during rapid growth
Fast user growth without real-time risk scoring creates fraud and account takeover exposure that scales faster than manual review can handle.
Infrastructure that wasn't built for audit
Cloud infrastructure stood up for speed at launch often lacks the audit logging and access controls a banking regulator will expect at scale.
Our approach
How we build for digital banking & neobanks
API-first core & ledger architecture
Modern, well-documented APIs around account, ledger, and card issuing systems, built or integrated so product teams can ship without waiting on a core vendor release cycle.
Automated onboarding & KYC
Identity verification, sanctions/PEP screening, and document checks automated into account opening flows to cut drop-off while staying audit-ready.
Real-time fraud & risk scoring
Stream-processing risk engines score transactions and account activity in milliseconds, with continuous retraining as fraud patterns evolve.
Cloud-native, audit-ready infrastructure
Kubernetes-based, horizontally scalable infrastructure with the audit logging, access controls, and monitoring regulators and banking partners expect.
Card issuing & payment rail integration
Card issuing platforms and payment rails integrated behind a single API layer for consistent account and transaction experiences.
Typical projects
Neobank launch
Accounts, cards and payments on a banking-as-a-service partner.
Mobile banking apps
Modern apps for existing banks and credit unions.
SME banking
Business accounts, invoicing, expense and payroll features.
Card programmes
Virtual and physical cards with spending controls.
Cost & timeline
How much does digital banking & neobanks software cost and how long does it take?
Delivery time is agreed around your scope and split into milestones you sign off before paying. These are the factors that move the price most:
- BaaS partner and licence model
- Card issuing and processor
- Ledger and product complexity
- KYC/AML tooling
- Security certifications
- Customer-support tooling
Technology
Core
- Kotlin
- Go
- PostgreSQL
Banking
- BaaS APIs
- Card issuing
- Open Banking
Our delivery process
- 1
Regulatory & product discovery
Licence model, partners, compliance obligations and the core user journeys mapped with your team and counsel.
- 2
Architecture & threat model
Data model, security controls, integrations and hosting/residency decisions agreed before build.
- 3
Core build
Onboarding, accounts, ledger, cards, payments and customer support tooling.
- 4
Security & compliance testing
Penetration testing, reconciliation and audit-trail checks, and evidence packs for auditors or partners.
- 5
Controlled launch & 24/7 support
Staged rollout, monitoring, incident response and regulator-ready reporting.
Standards we build to
- Banking and e-money regulation
- PCI DSS
- AML/CFT
- Consumer-duty and disclosure rules
Live Demos
A selection of platforms we've designed and built
Real, working builds across fintech, compliance, healthcare, and commerce — the same engineering team would build your digital banking & neobanks project.
Nexa
SaaS-style product dashboard and workflow UI for a fintech platform.
Open live demoDebt Management
Debt management and collections tracking platform.
Open live demoAML Compliance Suite
Anti-money-laundering compliance and case-monitoring suite.
Open live demoUMARSOB Data
Android VTU/data-reseller platform with wallet, agent/referral system, and admin panel.
Open live demoHospital Management
Hospital/clinic management system covering patient records, appointments, staff, and billing.
Open live demoDMI CHW App
Offline-first Community Health Worker counseling app with a central management platform, built for an NGO client.
Open live demoHomemakers Pro
Enterprise operations system for a domestic staffing agency covering bookings, staff, and client management.
Open live demoE-Commerce (Multi-Locale)
E-commerce storefront demo with multi-language, locale-based support.
Open live demoMars
Legal web application prototype.
Open live demoBusiness value
What Digital Banking & Neobanks does for your business
Benefits for your company
- Launch faster than a legacy bank. Accounts, cards, onboarding and mobile app on a modern stack.
- Compliant by design. KYC, monitoring and regulatory reporting built into onboarding and operations.
- Partner-ready. Banking-as-a-service and card-issuing integrations ready out of the box.
How it can earn or save money
- Interchange and card income. Card spend produces interchange revenue.
- Subscriptions and premium tiers. Paid plans for higher limits, perks and business accounts.
- Lending and savings products. Net interest margin on credit and savings products where licensed.
Illustrative revenue and saving lines, not guaranteed results: outcomes depend on your market, licences and execution.
How we work
How we deliver Digital Banking & Neobanks Software
Every digital banking & neobanks software engagement follows the same staged, quality-gated process — shaped around your requirements. You see progress every day, review it every week, and give written sign-off at every milestone before any payment is due.
- 01
Discover
Licensing scoped- Product & licensing workshops
- Core-banking & card-issuer selection
- KYC / AML scoping
- Signed scope
- 02
Design
Flows approved- Orchestration architecture
- Ledger & reconciliation model
- Tokenisation design
- Fraud-rule design
- 03
Build
Sandbox passed- Account & card sprints
- Core-banking integration
- Onboarding & KYC flows
- Demo every sprint
- 04
Secure & Test
Reconciled & UAT- PCI DSS scope review
- Reconciliation tests
- Failover & retry tests
- UAT with real flows
- 05
Deploy
Live traffic OK- Staged traffic routing
- Live PSP credentials
- Monitoring & alerts
- Go-live checklist
- 06
Handover
Ops handed over- Role-based sessions
- Recorded walkthroughs
- Admin & ops runbooks
- Documentation handover
- 07
Support
SLA active- Dedicated engineer
- SLA helpdesk
- Patches & upgrades
- Quarterly reviews
Client sign-off at every milestone — you approve the working result before you pay.
You always know what was done today — and what happens next
A written daily update, a weekly work overview and a live demo every sprint — so there are no surprises at milestone time.
Every working day
- What was completed today
- What is planned for tomorrow
- Blockers and decisions needed from you
- Links to builds you can try
Every Friday, with a live call in your business hours
- Features completed and demo recordings
- Progress against the current milestone
- Risks, open questions and change requests
- Plan and priorities for next week
End of every sprint and milestone
- Working software demonstrated live
- Your feedback captured in the backlog
- Quality-gate checklist shared
- Written sign-off before any payment
Payment plan
Pay only for work you have accepted
Milestones are customised to your requirements — six or more is typical, and delivery time is agreed around your scope. Every payment after the advance is released only after you have seen the working result and given written sign-off. Here is an example plan:
| Payment | Milestone & acceptance | Share |
|---|---|---|
| Advance | Contract signing Signed contract; payment-flow workshops and PCI DSS scoping. | 10% |
| Milestone 1 | Architecture approved Orchestration, ledger and reconciliation design signed off. | 15% |
| Milestone 2 | First rail live in sandbox Payment APIs, ledger and first PSP connector working. | 15% |
| Milestone 3 | All rails connected Remaining PSPs, refunds and settlement working in staging. | 15% |
| Milestone 4 | Certification & tests PCI DSS scope review, failover and reconciliation tests passed. | 15% |
| Milestone 5 | UAT sign-off Real payment flows accepted by your team. | 15% |
| Milestone 6 | Live traffic & handover Staged production routing, monitoring and ops handover. | 15% |
| Total | 100% | |
- Number of milestones and splits set around your scope
- Every milestone is a working, demonstrated result
- No payment is due until you sign off
Warranty & annual support
Protected after launch — warranty and annual support for your Digital Banking & Neobanks Software project
Go-live is where your digital banking & neobanks software product starts earning — so we stay accountable for it. Every project includes a free 90-day defect warranty. After that, the same team that built it keeps it secure, updated and running on a fixed annual fee agreed up front — no open-ended hourly billing, no surprise invoices.
Included free
90-day warranty
Any defect found in the first 90 days after go-live is fixed free of charge.
- Every delivered feature covered
- Fixes tested and deployed to production
- Same engineers who built it
Fixed-cost annual package
30% of project cost
per year for Annual Support & Maintenance, with a dedicated developer assigned to your digital banking & neobanks software platform. A fixed price, known in advance.
| Service | Included in the annual package |
|---|---|
| Dedicated developer | One named developer assigned to your product for fixes, enhancements and optimisation. |
| Bug fixes & security patches | Critical issues resolved within 24 hours; standard issues within 5 business days. |
| Upgrades & new releases | Framework, library and platform updates plus new versions of what we built, at no additional cost. |
| Helpdesk | Email and phone support for your team and administrators; 4-hour response for critical issues. |
| Backup monitoring | Daily backup checks and a quarterly restore test. |
| Security review | Periodic audit-trail review and security configuration check. |
| PSP & scheme changes | Provider API versions, card-scheme and 3-D Secure changes applied before their deadlines. |
| Reconciliation checks | Settlement and reconciliation exceptions reviewed and resolved every day. |
| Regulatory reporting checks | Scheduled regulatory and management reports checked for completeness. |
Source code & IP ownership
100% of the source code and IP is owned by you
For every custom digital banking & neobanks software project, upon full and final payment the complete source code and intellectual property are transferred to you — so you can host, maintain and enhance the system with any developer.
- Payment orchestration, ledger and admin source code
- PSP merchant accounts and credentials in your name
- Reconciliation rules and ops runbooks
- Complete Git repository with full commit history
- Database schemas, migrations and seed data
- Configuration, CI/CD and deployment scripts
- API documentation and a deployment guide
No lock-in
No forced upgrades
No subscription trap
Your code lives in your own repository from the first commit.
Continuous enhancement
Launch is just the beginning — keep shipping with your own dedicated team
Your digital banking & neobanks software platform should get better every month, not stand still after go-live. Start with one dedicated developer working on your priorities across apps, dashboards and backend — and grow to a full team of developers and support members whenever your roadmap demands it.
Dedicated team, your way
From one developer to a full team
Pricing is based on the team members you need — tell us your requirements and we will quote your team.
- Start any time after launch
- Hire developers as you need them
- Scale up, scale down or pause
What your team can take on after launch
- New account, card and savings products
- Open-banking and core-banking integrations
- Onboarding, KYC and customer-app improvements
- New PSPs, payment methods and currencies
- Smarter routing and fraud rules
- New reports, payouts and reconciliation automation
Need more hands? Add developers and support members as your requirements grow
Start with one person and add only the roles your digital banking & neobanks software roadmap needs — each is quoted to your requirements.
Development team
Core-banking integration engineer
Connects core banking, card processors and open-banking APIs.
Payments backend developer
Adds payment methods, routing rules and ledger features.
Integration engineer
Connects new PSPs, banks, acquirers and third-party APIs.
Frontend developer
Builds and refines the web screens and dashboards your users see.
QA engineer
Writes and runs manual and automated tests before every release.
DevOps engineer
Keeps pipelines, environments and deployments fast and reliable.
Support team
L1 helpdesk support executive
First contact for your users and staff — logs, triages and resolves common issues.
L2 technical support engineer
Investigates bugs, data issues and integrations, and escalates to developers with full context.
Customer onboarding & KYC support
Resolves onboarding, verification and account queries.
Payment operations support
Resolves failed payments, refunds and payout issues.
Reconciliation & disputes support
Handles settlement breaks, chargebacks and disputes.
Our Approach
Our approach to development methodologies
Our approach to custom software engineering draws on a range of methodologies, each selected to match the needs of your digital banking & neobanks software project.
Agile Scrum
Best for: Evolving products
Two-week sprints with a working demo at the end of each, so digital banking & neobanks software priorities can change as you learn from users.
Kanban
Best for: Continuous delivery & support
A visual flow of small tasks with work-in-progress limits — ideal for maintenance, integrations and post-launch improvements.
Fixed-scope (Waterfall-style)
Best for: Well-specified builds
Requirements signed off up front with a fixed timeline and price — best when scope is clear and change is unlikely.
Lean MVP
Best for: New ventures
Build the smallest digital banking & neobanks software release that proves demand, measure it with real users, then invest where the data points.
DevOps & CI/CD
Best for: Every project
Automated tests, infrastructure-as-code and push-button deployments so releases are frequent, reversible and boring.
Security-by-design (DevSecOps)
Best for: Regulated & high-value systems
Threat modelling, dependency scanning and code review built into each sprint rather than a pen test at the end.
Why we're different
What sets Hurain Technologies apart
Plenty of agencies can build digital banking & neobanks software. Here is what sets us apart for clients worldwide.
Engineering depth, not a reseller
Your digital banking & neobanks software project is designed and built by our own in-house engineers — no hidden subcontracting chain between you and the people writing code.
Built for your market, not a template
Payments, tax, language and data-protection requirements for your target market are part of the design from day one instead of retrofitted after launch.
Transparent, senior-led delivery
A named project lead, a shared backlog, fortnightly demos and direct Slack access to the engineers — you always know what is being built and why.
Cost advantage without cutting corners
Delivering from India gives clients worldwide senior engineering at a fraction of typical onshore agency rates, with the same code-review, testing and security standards.
You own everything
Source code lives in your repository from the first commit; IP, infrastructure accounts and documentation transfer to you in full.
We stay after launch
Monitoring, updates and a support SLA mean the team that built your product is the team that keeps it running.
Flexible engagement models
How we work with digital banking & neobanks software clients worldwide
Ways to work together, depending on how your team and roadmap are set up.
Dedicated Development Team
An extended team of digital banking & neobanks software engineers, QA and architects working exclusively on your product, managed day-to-day by you with our engineering leadership behind them.
Best for: Long-term products and evolving roadmaps
Fixed-Cost Delivery
A clearly scoped digital banking & neobanks software build with a defined timeline and price — ideal for a well-specified MVP, integration or launch product.
Best for: MVPs and clearly defined projects
Hybrid Engagement
Keep product and regulatory decisions close to your team while our specialists handle deep engineering remotely, with workshops or on-site visits at key milestones.
Best for: Enterprises and regulated businesses
Why businesses choose us
Why businesses choose Hurain Technologies
16+ years of engineering depth
Custom software engineering with in-house teams across web, mobile, cloud, AI, payments and blockchain.
Security-first by default
Encryption, least-privilege access, audit logs — and MPC/HSM custody and audited smart contracts where money is on-chain — designed in, not retrofitted.
Regulatory-aware architecture
Designed with your target market's regulatory direction in mind and built alongside your licensed local legal counsel.
Direct access, no layers
Direct Slack or Teams access to your development team during the build, and the same people for post-launch support.
Business benefits
What you gain
Faster time to market
An experienced digital banking & neobanks software team with proven components means your first release ships in weeks, not quarters.
Security-first architecture
Secure from day one, rather than patched after an audit or incident.
Aligned compliance groundwork
Controls, logs and data handling built around your target market's requirements so reviews go faster.
Lower total cost of ownership
Clean, documented, tested code that your own team can maintain — plus post-launch monitoring and support.
What happens next
From your digital banking & neobanks software enquiry to a working demo — in about a day
- 01Within 10 minutes
We respond to your enquiry
Send your digital banking & neobanks software enquiry by form, email or WhatsApp — a few lines is enough. Our team replies within 10 minutes, any day, any time, to set up a meeting at a time that suits you.
- 02Requirements meeting
We understand your requirements
In a focused meeting we go deep on your users, features, integrations, timeline and budget — so we build exactly what your business needs. NDAs signed on request.
- 03Within 24 hours
You see a demo of your digital banking & neobanks software
Within 24 hours of our meeting we prepare and share a demo — so you see your digital banking & neobanks software taking shape before you commit to anything.
- 04As per your budget
We share a tailored proposal
A clear proposal for your digital banking & neobanks software project with scope, milestones, team and timeline — shaped around your budget, with no hidden costs and no obligation.
Available 24×7 — three 8-hour shifts, every day
FAQ
Digital Banking & Neobanks software: frequently asked questions
What does Hurain Technologies build for digital banking & neobanks?
How long does digital banking & neobanks software development take?
How much does digital banking & neobanks software development cost?
Can you help us launch faster than our current core banking vendor allows?
How do you reduce onboarding drop-off while staying compliant?
Can your fraud detection keep up with our growth rate?
Is your infrastructure ready for a banking partner or regulator security review?
Do you integrate with card issuing platforms?
Do you build the complete digital banking & neobanks solution, or only integrate with what we already use?
We are not sure about our budget yet. Can you still help?
By location
Digital Banking & Neobanks software by country and city
Each location page covers local regulation, payment methods, tax, data-protection law and 24/7 support.
Priority markets
Major cities
All countries
Related solutions
Related engineering services
Other industries
Building for digital banking & neobanks?
Share your idea — we respond in 10 minutes, share a demo within 24 hours of our meeting, and a proposal as per your budget.