Banksathi is an innovative fintech platform that empowers financial advisors, entrepreneurs, and individuals to earn passive income by leveraging their network. With zero investment required, users can effortlessly recommend credit cards, loans, insurance products, and other financial services from top banks, earning instant commissions for each successful transaction. Whether you're a newcomer or an experienced pro in the finance industry, Banksathi offers a simple, secure, and rewarding way to grow your income while guiding customers towards better financial decisions.

Building a Scalable App

Banksathi aimed to make financial services accessible and rewarding for people across India, particularly in smaller cities. To tackle this challenge, we built a user-friendly mobile app with a clean design and easy navigation for all users. The app includes multi-language support, real-time dashboards, and secure API integrations. We added quick Aadhaar-based onboarding, training tools, and strong security to ensure a seamless experience for users.

Key Features

  • Easy KYC and onboarding
  • API-based product listings
  • In-app training with progress tracking
  • Live earnings dashboard
  • Multilingual app support

The app's rapid growth in popularity saw it cross 1 million downloads and bring over 200,000 advisors on board. With a 4.6+ rating and partnerships with leading banks and NBFCs, Banksathi became a trusted platform for financial product distribution across India.

A Game-Changer

Banksathi isn't just another fintech platform; it's a game-changing solution customized for India's growing community of financial agents. Powered by AI, it helps users easily find and promote top credit cards, loans, and insurance plans from trusted banks. With features like biometric login, multi-factor authentication, instant payouts, and flexible hours, it's perfect for financial advisors, entrepreneurs, or anyone seeking passive income.

Cutting-Edge Technologies

Banksathi employs cutting-edge technologies to ensure a seamless user experience, including smart onboarding, multi-lingual support, performance analytics, secure transactions, smart product matching, push notifications & alerts, real-time earnings dashboards, and product recommendation engines.

Expert Insights

Jitendra Dhaka, CEO of Banksathi, emphasizes the importance of execution in fintech app development. "On paper, Banksathi had everything it took to make a profitable application. However, on the execution front, there were multiple loopholes - glitches in apps, modules not working, slow payment disbursement process, etc. Now to make the application as useful as it was on paper in a real-world scenario, we had to take every user journey apart and identify the areas of concerns on a technical end."

Get Started with Your Fintech App

Ready to bring your fintech vision to life? Let's build the next big thing in financial technology together. Our team can help you develop a powerful, secure, and scalable app that meets your unique goals and audience needs.

Frequently Asked Questions

  • Will my fintech app work on both Android and iOS?

Absolutely. We use cross-platform technologies like Flutter to ensure seamless performance and UI consistency across both Android and iOS devices.

  • What is the typical process for developing a fintech app?

Developing a fintech app typically involves market research, planning & design, development, testing, deployment & maintenance, and continuous updates.

  • Can you customize a similar fintech app for a different market?

Yes. We can customize a fintech solution to meet your unique goals and audience needs.

  • How long does it take to develop a fintech app?

On average, it takes 4–6 months to design, develop, test, and deploy a fully functional fintech app, depending on the complexity and feature set.

  • What are the common challenges in fintech app development and how can they be addressed?

Fintech app development faces several challenges, including regulatory compliance, security concerns, user trust, integration with legacy systems, scalability, and competition. These can be addressed by implementing strong encryption, adhering to financial regulations, prioritizing user experience, leveraging cloud computing, and adopting agile development practices.

  • How do I design an intuitive and user-friendly fintech app interface?

To design an intuitive and user-friendly fintech app interface, focus on simplicity, clear navigation, accessible design, and trust-building elements. Use minimalistic layouts, consistent UI elements, and secure authentication methods. Prioritize user research, real-time feedback, and seamless onboarding to enhance usability.

  • How much does it cost to develop a fintech app?

The cost of developing a fintech app varies based on complexity and features. Basic apps can cost $30,000–$1,50,000, moderate-complexity apps range from $1,50,000–$5,00,000, and enterprise-grade apps can exceed $5,00,000. Factors like security, compliance, and scalability will impact the overall cost of development.