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Utah has become a central fintech hub, home to 67 companies supporting nearly 8,000 jobs and generating over $1 billion in annual wages. Varo Bank, headquartered in Salt Lake City, became the first fintech to receive a national bank charter from the Office of the Comptroller of the Currency in 2020.
Fintech wages in Utah are double the state’s average and rank third highest among all industries, underscoring the sector’s economic significance. This thriving ecosystem fosters innovation in digital banking, payment solutions, blockchain, and AI-driven finance.
Here are Utah’s top 7 fintech app development companies driving this innovation.
Best Fintech App Development Companies in Utah
Five Pack Creative
General Company Information:
- Company Name: Five Pack Creative
- Founder(s) Name: Kevin Legg and Jerry Beers
- Company Website: https://fivepackcreative.com/
- Number of Employees: Information not specified.
- Ratings & Reviews: 4.9 out of 5 based on 18 reviews on Clutch.
Clients & Industries:
- Top Customers: Newman Connect, Match
- Industries Served: Technology & SaaS, Fintech & Banking, Staffing
Technologies & Services:
- Technologies They Work On: iOS, Android, AI & ML, visionOS
- Services Offered: Mobile App Development, Web App Development, AI & ML Development, DevOps & DevSecOps, UX/UI Design & Research, Quality Assurance
Awards & Certifications:
- Recognitions: Featured on Inc.com’s profile
Designli
General Company Information:
- Company Name: Designli
- Founder(s) Name: Keith Shields
- Company Website: https://designli.co/
- Number of Employees: Information not specified.
- Ratings & Reviews: 5 out of 5 based on 68 reviews on Clutch.
Clients & Industries:
- Top Customers: 1MAC Anesthesia, Virtuosity, AskIris
- Industries Served: Web development, mobile app development, design
Technologies & Services:
- Technologies They Work On: iOS, Android
- Services Offered: Mobile App Development, Web App Development, UX/UI Design, Cross-Platform Development
Awards & Certifications:
- Recognitions: Consistently praised for responsiveness, timeliness, and exceptional project management by G2, Google reviews, Clutch
Wve Labs
General Company Information:
- Company Name: Wve Labs
- Founder(s) Name: Dave Shah, Ankit Purohit
- Company Website: https://wvelabs.com/
- Number of Employees: Information not specified.
- Ratings & Reviews: 5 out of 5 based on 27 reviews on Clutch.
Clients & Industries:
- Top Customers: Honda, Sony, JW Marriott
- Industries Served: Mobile App Development, Web Designing, Digital Marketing, Enterprise Solution
Technologies & Services:
- Technologies They Work On: iOS, Android
- Services Offered: Mobile App Development, UI/UX Design, Product Ideation, Development, Testing, Marketing
Awards & Certifications:
- Recognitions: Clients highlight their competitive pricing and impressive design standards.
SuperSourcing
General Company Information
- Company Name: SuperSourcing
- Founder(s) Name: Mayank Pratap Singh
- Company Website: https://supersourcing.com/
- Price Model: Both hourly and project-based
- Charges Per Project: Custom pricing based on client needs and project scope
- Number of Employees: 51-200
- Ratings & Reviews: 4.8/5 from Glassdoor
Clients & Industries
- Top 5 Customers: Razorpay, OpenAI, Swiggy, Zomato, BharatPe
- Industries Served: Technology & SaaS, Fintech & Banking, E-commerce & Retail, Healthcare & Pharma, Education & EdTech
Technologies & Services
- Technologies They Work On: Artificial Intelligence, Blockchain, Cloud Computing, Infrastructure Services, Metaverse, QA Automation, Security Testing, Solution Architecture, UI/UX
- Services Offered: Software development, mobile & web development, staff augmentation, IoT & cloud solutions, IT outsourcing, AI & machine learning, quality assurance, UI/UX design, digital transformation, low-code/no-code development
Awards & Certifications
- Recognitions: LinkedIn Top 20 Startups in India – 2023 & 2024, Google AI-Accelerated Top 20 Startup in India – 2024, Best AI-Powered Tech Hiring Platform – 2024, Recognized by Nasscom as an Emerging IT Staffing Leader
Matrix Media Solutions (P) Ltd.
General Company Information:
- Company Name: Matrix Media Solutions (P) Ltd.
- Founder(s) Name: Vivek
- Company Website: https://www.matrixnmedia.com/
- Number of Employees: Information not specified.
- Ratings & Reviews: 4.9 out 5 from 36 reviews on Clutch
Clients & Industries:
- Top Customers: nformation not specified.
- Industries Served: Tech & SaaS, FinTech
Technologies & Services:
- Technologies They Work On: iOS, Android,
- Services Offered: Website Development, Mobile App Development, Ecommerce, Creative Design Services, Dedicated Teams, Digital Marketing Services, AI/ML & IoT, and Cyber Security
Awards & Certifications:
- Recognitions: Awarded by NASCOM and Good Place to Work
Steamclock Software
General Company Information:
- Company Name: Steamclock Software
- Founder(s) Name: Allen Pike and Nigel Brooke
- Company Website: https://steamclock.com/
- Number of Employees: Upto 50 employees
- Ratings & Reviews: 4.8 out 5 from 5 reviews from Clutch
Clients & Industries:
- Top Customers: HootSuite, Mobify, Intuit
- Industries Served: FinTech Mobile App Development
Technologies & Services:
- Technologies They Work On: IoS And Android.
- Services Offered: Mobile App Development
Awards & Certifications:
- Recognitions: Information not specified.
MindSea
General Company Information:
- Company Name: MindSea
- Founder(s) Name: Reuben Hall
- Company Website: https://mindsea.com/
- Number of Employees: Under 49.
- Ratings & Reviews: 5 out of 5 based on 33 reviews on Clutch
Clients & Industries:
- Top Customers: SunnyBrook, Simba
- Industries Served: HealthTech & Wellness, Fintech
Technologies & Services:
- Technologies They Work On: iOS, Android, Web Applications
- Services Offered: Mobile App Development, Web App Development, UX Design & Research, Back-end & Server Development, Digital Health Solutions
Awards & Certifications:
- Recognitions: Award-winning applications impacting numerous lives.
Conclusion:
Choosing the right fintech app development company is crucial for the success of your financial technology venture. The top 7 fintech app development companies in Utah listed here are known for their technical expertise, industry experience, and ability to deliver robust, secure, and scalable fintech solutions. Whether you’re a startup looking for a cost-effective solution or an enterprise seeking advanced fintech innovations, these companies can help you achieve your business goals.
Based FAQs:
- What are the top fintech app development companies in Utah?
The top fintech app development companies in Utah include leading firms specializing in secure, scalable, and innovative financial technology solutions. This article highlights the seven best companies in this domain. - Why is Utah becoming a hub for fintech app development?
Utah offers a thriving tech ecosystem, a skilled workforce, and business-friendly policies, making it an ideal location for fintech app development companies to flourish. - What services do fintech app development companies provide?
Fintech app development companies offer services like mobile banking apps, digital wallets, blockchain solutions, AI-driven financial applications, and secure payment gateways. - How do I choose the best fintech app development company in Utah?
Look for companies with a strong portfolio, positive client reviews, expertise in financial security, and experience in developing fintech applications. - What technologies are commonly used in fintech app development?
Fintech apps are built using technologies such as AI, blockchain, cloud computing, cybersecurity protocols, and APIs to facilitate seamless financial transactions.