Long gone are the days when people used to earn and save to fulfil their future needs. In today’s era, savings alone are not efficient to purchase or invest in everything you’ve ever dreamt of.
Notably, earning with your sweat and blood just to keep the money in the locker for future use is not enough. It would be great if you are benefitted from hard-earned money. So, how will that happen? By INVESTING!
Why should you invest? It is one of the most asked questions!
Well, investing develops financial security. It enables an individual to multiply their wealth and benefit from the same.
Not only this, but don’t you think it would be great to meet your financial goals, including the purchase of a luxury car.
So, to enhance your experience and make it smoother, a London-based company named Wise has recently introduced its multi-currency investment feature.
Do you want to know more about the convenience the platform offers?
Here’s what you need to know so, keep reading!
The Asset Feature: Instant Access to the Majority of Money
Wise is a finance app that has enabled people to opt how their money is held. With the new ‘Asset’ feature introduced, users will be able to instantly access their money, eliminating the traditional methods. Notably, the balance could be held in the form of assets, and the money could be spent in real-time whenever they want to.
The platform enables users to invest through multiple currencies, making it much more convenient for the users to send, hold, and receive money.
People that are well-familiar with the mechanism of investment are fond of apps that offer them convenience. So, don’t you think it’s an exceptional idea to build an investment app for your customers if you’re hooked to the industry?
Indeed, it is! Fortunately, we have something to inform you about investment app development. So, keep reading to learn more!
How to Develop an Investment App?
- Plan
Before starting the project, you must plan about the same and have answers to questions like:
- Which banking services would you offer your customers?
- What are the risks involved in the business?
- ETC!
You might want to connect with a financial planner and decide about moving further with the project.
- Form a Business Model
Prepare a business model acquiring answers to questions such as: Your service charges, any special schemes that need to be integrated into the model, etc.
- Initiate
People can get financial advice from professionals in the offline mode. But whom will they connect with while using your mobile app?
Undoubtedly, the ROBO ADVISORS! Therefore, make sure you integrate a feature that enhances the user’s experience.
- Integration of Features
Now that you have your plan ready, prepare a list of features that’ll be incorporated, keeping in mind your target audience, their preferences, services you’re offering, and more.
- Develop and Test
Now that you’ve efficiently followed all the above-mentioned steps, it’s time to focus on developing the product.
Build the mobile app by incorporating the features and well-thought strategies. Once the development process is completed, test the app thoroughly to eliminate any bugs or other issues.
In a Nutshell
Building mobile apps can be a complex process; however, strategizing contributes to the smoother rollercoaster ride.
Now that you’re familiar with the benefits people enjoy due to investing, why not add to their comfort by providing an online platform for the same?
So, are you all set?
If that’s a yes, reach out to the app developers in UK and build an efficient product with the help of the team.
Also, don’t forget to stay tuned to this space for more information!
AngularJS is useful for the BFSI sector and takes the banking operations to a new level while making banks ready for the future.
Let’s connect to discuss the scope of this robust framework for your banking requirements.
This is the introductory video for everyone who is interested in investing in mutual funds using our mutual fund investment app (Imperial Money).
Mutual funds are one of the best options for investing money.
In this video, we have explained mutual fund investment and how to create long term & short term wealth.
Imperial Money App allows you to AI-based financial planning.
You can start investing in mutual funds through monthly SIP.
Imperial Money App is an investing platform where you can find the best mutual funds for investment.
Fintech or financial technology is a segment that has been garnering a lot of traction over the last few years.
It refers to the cutting-edge technology that financial services companies are adopting to automate, improve and better deliver their services.
The future of the fintech industry seems promising, thanks to the penetration of smartphone users, ever-evolving digital infrastructure, and relevant geographical trends.
The overall value of the fintech market in India is expected to reach $140 billion in 2023, along with a high adoption rate of 85%.Even though traditional banks still hold a powerful position in the market, the ever-increasing popularity of fintech applications cannot be denied.
Besides focusing on avant-garde tech solutions, it is crucial to focus on the user and also the customer journey.
Make provision for easy device adaptation4.
With millions of apps looking to capture the precise market in diverse niches, the major question is “How to find success?”.
As smartphones and tablets are reaching every corner of the globe by overtaking laptops and computers, it is key to capture this rising market to be successful in the long run.
Before outlining the important features, design, platform, and other key factors, ensure to study the necessities and pain points of your target customers.
But it is important to focus on the core idea of the app and move it on the path of success by resolving user issues before adding any extra features in the app.
This will guarantee that when the app is released in the market, it will be pleasing for users to solve the main issue.Make sure your app is beneficial to the specific user: You may have developed an exciting app with the best design, but if it does not meet the USP’s then it will not head towards success.
But with a focus on major parameters of every USP’s such as pricing, marketing, etc you can be assured to be different in the market and solve the user problem.Build a robust app monetization strategy: Irrespective of how thrilling your app design, it is of no use if you do not have a strong monetization strategy.
5G technology will bring the change in mobile app development.
The app processing and performance would be faster and developers add more features in mobile apps.
Appcode Technologies is the best mobile app development company in India.
