Our neobank app development services cover the app your customers use and everything it depends on: onboarding, accounts, cards, payments and the integrations with your Banking-as-a-Service (BaaS) provider or core banking system. As part of our banking software development services, we build for FinTech founders launching a digital-only bank and for financial institutions adding a digital brand, from a first MVP to a live app that keeps growing.
Let's talkA neobank has no branches to fall back on, so the app is the whole customer relationship. Onboarding, balances and payments have to work from day one, for every customer.
What breaks a neobank app is rarely the screen. It is the connections behind it: the BaaS provider, the KYC checks, the card processor and the payment rails. As a neobank app development company, much of our work is building exactly those integrations, as we did for Globus Payments, an EMI-licensed payment provider in London.
You can bring us in for the full neobank build or for one part of it. Which parts come first usually follows your revenue model: card interchange needs a card programme in the first release, subscription plans need billing and account tiers, and lending needs credit decisions behind it. Each service below plugs into the providers you've already chosen.
A native or cross-platform neobank app for iOS and Android, built together with the backend it runs on. That covers real-time balances, card controls, budgets and savings pots, biometric login and an alert for every transaction. You own the code and the intellectual property.
Let's talkA first release built around one journey that works end to end: sign-up with identity checks, an account, a card and a first payment. It gives you something real to test with customers or show investors, and a foundation the next releases build on.
Let's talkWe connect your app and backend to your BaaS partner's APIs for accounts, cards and payments. Their rate limits, webhooks and error states shape how your app behaves, so we design around them from the start instead of discovering them in production.
Let's talkIf you run your own core, or buy one from a vendor such as Mambu, Thought Machine or Temenos, we build the integration layer between the core and your app. New features read and write through defined APIs, so the ledger stays the single source of truth.
Let's talkWe integrate virtual and physical cards through your issuer processor: ordering, activation, freezing, spending limits and tokenisation for mobile wallets. Card events arrive in real time, so the balance and the notification in the app always match what the card network saw.
Let's talkInstant transfers between customers, domestic payments over Faster Payments or SEPA Instant, and cross-border transfers with currency exchange. Every payment is matched back to the ledger, so a transfer that fails halfway is traced and recovered rather than lost.
Learn moreYour KYC provider's document and selfie checks run inside our onboarding flow, with AML and sanctions screening in the same journey. When a check fails or needs a manual review, the customer sees a clear next step instead of a dead end.
Learn moreAccount information and payment initiation under PSD2, so customers can see accounts from other banks in your app or top up straight from them. We build the consent journeys and the strong customer authentication the rules require.
Let's talkWe rebuild or extend a neobank app that's already live, in stages alongside the current version. Customers move across in groups, with their payees and payment history, so problems show up in a small group before they reach everyone.
Let's talkAfter launch, we monitor the app and its integrations, fix issues and keep up with new iOS and Android versions and app store rules. When a provider changes its API or regulation moves, the same team adapts your neobank app.
Let's talkNeobanks rarely fail on the interface. They fail when a provider changes its API, when two ledgers disagree or when a BaaS partner goes down. In 2024, the collapse of Synapse, a US BaaS middleware provider, froze the funds of customers of the FinTech apps built on it. That's why we build the layer behind your neobank so none of this reaches your customers unannounced.
Each provider your neobank uses, from BaaS and KYC to the card processor and payment rails, sits behind its own part of the integration layer, with its own tests and monitoring. When one changes an API or has an outage, the impact stays there, and fallback flows tell customers what's happening.
Your backend keeps its own record of every balance and transaction, reconciled daily against your BaaS provider's records. Differences surface before customers notice them, and if you ever move to another provider, your customer data and transaction history move with you.
PSD2 strong customer authentication, KYC and AML checks at onboarding, and GDPR and PCI DSS rules on data shape the neobank's architecture. On the UK e-money route, the FCA's CASS 15 safeguarding rules add daily reconciliation and records. Your firm holds the licence; we make the obligations easy to evidence.
Your licence route decides what you build, what you own and who you depend on, so it's settled before development starts. We build for each of the four routes below. The licence and accountability to your regulator stay with your firm, and if a ready-made platform fits better than a custom neobank build, we'll tell you.
The longest road, with the most control. You run your own core banking system and ledger, and can offer deposits, savings and lending under your own name. We build the app, the integration layer and the products around your core.
An EMI licence lets your neobank hold customer funds as e-money and issue accounts and cards without lending those funds out. Safeguarding customer money is your obligation, so reconciliation and records are built into the ledger from day one.
A licensed partner bank supplies accounts, cards and payments through APIs, and you build the app and backend on top. It's the quickest route to a custom product, but the partner's API limits and roadmap become part of yours, so we plan for them.
A ready-made neobank platform under your brand gets you to market fastest, with the least room to stand out. If your edge lies in your audience or distribution rather than in the product, it can be the right call, and we'll say so.
We settle your licence route, providers and first release before development starts. After that, every neobank release is a complete journey customers can actually use, not a set of half-finished features.
For the neobank app itself, React Native or Flutter gives you one codebase for iOS and Android; native development pays off when the app leans heavily on device features. Behind it, we build with Node.js and Python, with Kafka, Redis Streams and WebSockets keeping balances and notifications live. The backend runs on Docker, Kubernetes and AWS, and the stack follows your providers rather than the other way around.
The right model follows your stage, not a long-term contract. Whichever model you choose for your neobank, you own the code and the intellectual property, and you can scale the team up or down or bring the work in-house.
Developers who work only on your neobank, under your direction and from your backlog. This suits a founding team or bank with its own product lead and a long roadmap, where product knowledge needs to stay in one team.
We manage the team and its delivery while you set the priorities. It fits a neobank launch where you want experienced oversight of the build without managing developers yourself.
We take a defined scope, such as a neobank MVP or a new card programme, from discovery to deployment. You get a complete release against an agreed brief, and the team can stay on afterwards.
Our neobank developers work as part of your team rather than behind an account manager. That's outstaffing: specialists employed by Prostrive who join your standups and Slack channels and work from your backlog.
Western on-site management in our hubs, plus cultural and communication training, keeps questions coming early instead of as rework. Teams can start within weeks, not months.
Established in 2021. Our team spans 4 countries (The Philippines, The Netherlands, Hong Kong, Armenia), delivering 100+ transformative projects across the world.
A selection of the products our embedded teams have helped build.
Globus Payments is a London-based provider of EMI-licensed payment solutions for the logistics sector. Our team built the API integrations that connect its payment services to its clients' systems.
Read the case study
Axys provides card solutions for high-net-worth individuals, with crypto top-up of the card balance. We delivered the web development behind the platform.
Read the case study
FiatGate is a white-label platform that lets businesses launch their own branded, non-custodial crypto wallet and exchange. We built the complete platform in JavaScript, with third-party APIs for wallet management and exchange functionality.
Read the case studyIn a Discovery call, we talk through your licence route, your providers and what your first neobank release has to do. You leave with a scoped first step and the team setup that fits it.
A neobank app is the mobile app through which a digital-only bank serves its customers, with no branch network behind it. Customers open an account, verify their identity, manage cards, make payments and track their money entirely in the app. The term covers newer banks and e-money providers that are built around an app rather than branches.
A neobank is a real bank only if it holds a banking licence. Many neobanks run on an e-money licence or through a licensed partner bank instead. With an e-money licence, customer money is safeguarded rather than covered by deposit protection such as the FSCS in the UK. With a partner bank, protection depends on how the accounts are set up.
No, you don't need your own banking licence to launch a neobank. Many neobanks start with an e-money institution licence, or build on a Banking-as-a-Service partner bank that holds the licence and supplies accounts, cards and payments through APIs. A full banking licence becomes necessary when you want to take deposits and lend them out under your own name.
The cost of building a neobank app depends mainly on your licence route, the number of providers you integrate, what your first release has to do and the collaboration model. A focused MVP on a BaaS partner costs far less than a full app on your own core. Provider fees for KYC checks, card programmes and BaaS access come on top. A Discovery call turns these drivers into an estimate.
How long neobank app development takes depends on the first release, the providers it integrates with, and how quickly you get access to their test and live environments. Regulatory review adds time on your side. The fastest route is a narrow first release that completes one journey end to end, expanded once real customers use it. Our teams can start within weeks, not months.
Choose a white-label neobank platform when speed to market matters more than standing out, and your edge lies in brand, audience or distribution. Choose a custom build when the product itself sets you apart, or when you need integrations a platform doesn't support. Many neobanks combine both: a BaaS partner for the regulated layer and a custom app on top.
A challenger bank holds a full banking licence and competes directly with established banks, often offering current accounts, savings and lending. Neobank is the broader term for any app-first bank or financial provider, including those running on an e-money licence or a partner bank's licence. So most challenger banks are neobanks, but not every neobank is a licensed bank.
Neobanks make money mainly from card interchange, the fee merchants pay each time a customer uses the card, plus subscription plans with extra features, margins on currency exchange and, where the licence allows, interest on lending. Each revenue stream changes the build: interchange needs a card programme from day one, subscriptions need billing and account tiers, and lending needs credit decisions.
The first version of a neobank app should include one journey that works end to end: sign-up with identity checks, an account with a real-time balance, a card and a first payment, protected by biometric login and transaction alerts. Budgeting, savings pots and multi-currency accounts can follow in later releases. A narrow release that works beats a broad app that's half-built everywhere.
If your BaaS provider fails, your neobank's customers can lose access to their money unless you've planned for it, as users of FinTech apps built on Synapse found in 2024. Keep your own reconciled record of every balance and transaction, make sure customer data is portable, and agree on an exit plan with the provider. Moving to a new partner then becomes a migration rather than a crisis.
We build retail neobank apps for everyday accounts and cards, business banking apps with multi-user access and payment approvals, niche neobanks for one audience such as freelancers or students, and crypto-enabled neobanks that combine fiat accounts with digital asset wallets. The type decides what the first release prioritises; onboarding, the ledger and the integrations underneath stay the same.
You own the code and the intellectual property of a neobank app we build. That applies to all our standard contracts, whether you work with a Dedicated Team, Team-as-a-Service or Project-Based Development. Combined with no long-term contracts, it means you can change the collaboration model or bring development in-house without being locked in.