How much would it cost to develop a personal finance management app like Oval?

One of the most arduous tasks in finance is budgeting. Right from rent to utilities bills, there will be endless tasks that are money related. Gone are the days when people used to balance checkbooks, but now, there are numerous mobile applications that can basically do the same thing but much faster and better.

Oval is a money management application that makes saving money easier for people who have trouble with managing money and whose financial habits aren’t that great. This app serves as a one-stop place that combines one’s financial spending analysis, saving, and investing.

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Basic Features and Cost Estimation

App Category User Features Super-Admin Feature
App Features Sign in/Register Login
Onboarding tutorials for app basic understanding Manage Users
Set your savings and goals rules Manage users investment portfolio (View, Enable/Disable)
Add your Goals with their due dates and start saving Add and manage min and max goal limits
Create an Investment Portfolio Manage Users Budget and Rules (View)
Create your Weekly/Monthly/Yearly Budget Manage Free Credit Scores
Add Smart rules to invest amount As weekly top-up Round-up Spending categories Earnings Manage Remainders
Make free Bank Transfers and instant transfers Manage Payment Status Alerts
Self-cash deposit to your app account Manage Low Funds Warning
Add your Bank Services and card details Manage Alerts
Upload KYC Manage Users KYC (Approve/Reject)
Transfer Money to your connections with users registered with the platform Manage Transactions
Add Tags/Notes for Transactions Send Notifications to users for investment related offers or announcements
Receive Reminders and notification on each transactions Ensure Safety and Security
Check Transaction history Manage CMS
Track and analyze your savings Log out
Withdraw required amount using the app
Multi Factor Authentication
Spending Alerts
Read CMS
Edit User Profile and investment Portfolio
Notification settings
Log out
Cost for application development $30k to $35k for Both Android and iOS + Web Admin.

Add-on Features

Users Admin
Add-on Recharge and Bills Verify Documents
Offers and coupon codes Offer and Coupon Management
Scan and Pay with QR code Manage Recharges and Bills
Freeze your card Dashboard Analytics
Invite and Earn Customer Analytics

Resource Team to Develop an App like Oval

For the successful execution of an app like Oval, you will need a team of professionals involving the following:

  • A Project Manager
  • A Business Analyst
  • UI and UX Designer
  • An iPhone Developer
  • An Android Developer
  • Quality Assurance Engineer
  • Backend Developer

Technology Stack

Sketch
Sketch
XCode
XCode
Android
Android
AWS
AWS
Fabric iOS
Fabric iOS
Android Studio
Android Studio
FCM
FCM
Geo-fence
Geo-fence
Google Analytics
Google Analytics
Google API
Google API
MEAN Stack
MEAN Stack
Mantis BT
Mantis BT
Sass
Sass
sendinblue
sendinblue
Google Webmasters
Google Webmasters
Stripe
Stripe
Swift iOS
Swift iOS
ZOHO
ZOHO

Why Let’s Nurture?

  • Expertise with niche technologies like AI, Chatbots & Voice commands to enable USP feature implementation

  • Hands on experience multiple concepts requiring card view display: Personal finance, healthcare documents, & e-wallets

  • Diverse experience in dealing with peculiar user behaviour and custom algorithms

  • In-house team available for both website and mobile app development

  • Comprehensive Live support services to manage: system upkeep, devops, & digital marketing

Pinterest

FAQs

Yes, the app will allow users to make a manual deposit from their savings at any time, to start or accomplish their goals by adding an extra amount.

A record that confirms users current address will have to be uploaded. It is important that the address on your file corresponds to the one you entered during the onboarding process.

User details are verified instantly in the apps but sometimes it may require a maximum of 2 working days for confirmation of identity.

  • Tokenization: The OTP is assigned to the user (registered mobile number) who is the actual credit / debit card number during the transaction. Only its respective provider can detokenize this number shrinking the chances of online fraud to the minimum.
  • Point-to - point encryption: ensures safety is maintained during every transaction, and a secured format is developed for contact with a POS terminal.
  • Mobile device identification: The app and a cell phone are paired during the transaction to add another protection layer.

Contact Us

Have an !dea or need help to develop a personal finance management app like Oval?

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New York,

NY 10036

USA