How to build a loan app at a reasonable cost? If you are not a big IT or a telecom company, the in-house solution might turn out to be too expensive for you, and the results can be unsatisfactory.
One of the options is to do the market research and find the vendors who have such solutions ready in their portfolio and can offer you a white label. In other words, they customize the existing solution taking your business and functional requirements into consideration. It can be a very reasonably priced strategy if you don’t need anything extraordinary. It is a good idea to run a tender or at least the bidding.
If your idea is new and you don’t have the ready-made solutions on the market, outstaffing work for you. However, this option is more costly.