CustomĀ lendingĀ software development company
We build custom lending software solutions that help lenders of all sizes streamline their operations, improve efficiency, and reduce risk.
We create software that streamlines lending operations
Our digital health software development process
This is how we work
Choose a trusted fintech outsourcing company
Need to outsource fintech developers? We’ve assisted numerous small, medium, and large enterprises in overcoming challenges when establishing successful remote fintech software development teams or entire IT hubs in Poland.
Atom Bank: Establishing an entirely new, remote team for the UKās first fully digital bank
Atom Bank was looking for a solution that could increase their ability to deliver business changes fast. We've provided experienced, high-quality programmers to complement the existing UK team and add engineering capacity.
El Dorado: Delivering the first version of a fully operational P2P cryptocurrency exchange to help fight hyperinflation in 3rd world countries
We've delivered a fully operational P2P Cryptocurrency Exchange to help people in 3rd world countries fight hyperinflation.
Why develop your lending software solutions with us?
We’re your partners, not just software providers.
We createĀ custom fintech softwareĀ that propels you forward, makes a real impact, and fulfills your needs.
We ensure security and regulatory compliance
Technical expertise alone is not enough in such highly regulated sectors as fintech and banking.
We understand the unique challenges and requirements of the finance industry.
Thatās why we ensure the software we develop is always secure and compliant with all the fintech regulations and standards.
Accounting software development FAQ
Here are the frequently asked questions about our experience building fintech software applications.
If you have any more doubts regarding fintech app development, don’t hesitate to contact us.
What types of lending are there?
There are several ways to classify the different types of lending. One common approach is to classify loans byĀ purpose. This includes categories such as:
Commercial lending:Ā Loans for businesses to finance their operations or expansion, e.g. syndicated lending.
Consumer lending:Ā Loans for individuals to finance personal expenses, such as purchasing aĀ car or home.
Mortgage lending:Ā Loans for individuals to purchase real estate.
Education lending:Ā Loans for students to finance their education.
Another common approach is to classify loans byĀ collateral. This includes categories such as:
Secured loans:Ā Loans that are backed by collateral, such as real estate or equipment.
Unsecured loans:Ā Loans that are not backed by collateral.
A third approach is to classify loans byĀ repayment structure. This includes categories such as:
Term loans:Ā Loans that are repaid with fixed payments over aĀ set period of time.
Revolving credit:Ā Loans that allow borrowers to borrow up to aĀ predetermined credit limit and repay the balance at their convenience.
What is lending software?
Lending software is aĀ type of software that helps financial institutions automate and manage the loan origination and loan servicing processes.
It can be used to streamline the application process, manage credit checks, and track loan payments.
Who are our lending software development services for?
We provide lending software development services to aĀ variety of financial organizations, including:
Traditional and digital-only banks
Consumer and commercial lenders
Insurtech startups
Brokerage and leasing companies
P2P/POS lenders and marketplaces
Microfinance and PDL lenders
Credit unions
Other types of lending institutions
What are the benefits of custom lending software?
There are many benefits to building lending software, including:
Lending process automation: Custom lending software can help reduce the risk of errors by automating manual operations. Ultimately, it enables you to improve your business processes and reduce operational costs.
Meeting your business needs: Custom lending software is designed to meet the specific needs of your business. This means that it can be tailored to your specific products, services, and processes. Whether you need to build aĀ lending app from scratch or integrate your platform with third-party services, we can help.
What's the lending software development cost?
The cost and time to develop lending software depend on the specific requirements of the project. In general, building an MVP (minimum viable product) takes us on average 3 months and roughly $90k.
To learn more about our MVP-building process, read this guide:
How long and how much does it take to build an MVP?
Don't hesitate to contact us for tailored time and budget estimates of your lending software development.
What collaboration model do you offer?
Our main collaboration model is aĀ dedicated development teamĀ - we put together aĀ team of experienced developers just for you to work on yourĀ lending software project.
The dedicated development team model offers cost-effectiveness, faster development, higher quality, improved communication, and greater flexibility.
Apart from that, we offer outsourcing services.
Can I get free consulting?
Yes, we offer aĀ free consultation to discuss your needs and goals for your loan software solution - just contact us through the form below.
I don't want development yet - what can you offer?
If you're not ready to start lending software development, you might want us to carry out aĀ Product Discovery Workshop for you.
A Product Discovery Workshop is aĀ collaborative session where we - together with you as our client, based on our experience building 80+ digital products - define what needs to be done to make your product successful.
If you want to learn more about the workshops (scope, cost, agenda & more), read this article:
What our fintech clients say about working with us
I'm impressed by how flexible Pragmatic Coders is (...). Culturally, they're a really good fit for us, and the team is very responsive to feedback. Whenever I ask them to do something, they look at it, and they're not scared to push back. I've found it very easy to work with them ā we have more of a partnership than a client-supplier relationship.
Pragmatic Coders pay attention to detail and understand the business domain correctly. They led us to a successful launch of our product this year. Weāre happy with the effects of their work. Our team is still using the platform and building on top of it.
The entire focus was on the product and the customer, and I loved it. (...) The team was turning up with solutions to problems I didn't know we had.
Itās truly been a partnership. They have an in-depth understanding of our client base and what services we provide, anticipating evolving needs and addressing them by adding new features into our system. Their team also makes sure that there is a shared understanding so that what they deliver meets my organization's and our clientsā expectations.Ā
(...) Pragmatic has highly skilled engineers available immediately but most importantly, passionate people who love what they do and learn new things very quickly. I recommend Pragmatic Coders to anyone who requires expert software development no matter the stage of their business.
Our other fintech software services
Custom Financial Software Development Services
Learn moreCustom Blockchain Software Development Services
Learn moreCustom Wealth & Investment Management Software
Learn moreMobile Banking Application Development Company
Learn moreLet's talk
We’ve got answers on anything connected with software development.
Ask a question
You can ask us a question using the form below. We will respond as soon as possible.
Schedule a meeting
You can also schedule an online meeting with Wojciech, our Senior Business Consultant.
founders who contacted us wanted
to work with our team.
Check our fintech-related articles
Newsletter
You are just one click away from receiving our 1-min business newsletter. Get insights on product management, product design, Agile, fintech, digital health, and AI.
