Top 10 Fintech Testing Companies

Without a doubt, the emergence of fintech solutions has become a breakthrough that changed the lives of a million people. The convenience that fintech products offer led to the shift in people’s preferences, with over 78% of adults being active users of digital banks. However, as demand for digital fintech products grows, so does the threshold for quality. It’s not enough just to release a banking app. To survive the competition and gain a steadily growing customer base, your app has to be user-friendly and flaw-free. That’s where fintech testing companies come into play.

Equipped with extensive testing infrastructure, including flagship devices, they can test any fintech software in real-life scenarios. More importantly, they guarantee regulatory compliance and robust security measures thanks to their strong domain expertise. If you’re on the lookout for a testing partner to ensure your fintech application is top-notch, don’t look further. Here you can find my picks of the top fintech software testing companies based on their experience in the fintech industry, testimonials, and proven track records of success.

How to Choose a Financial Software Testing Company

Choosing the right fintech software testing company is easier said than done, as there are thousands of companies out there offering QA for fintech. Therefore, it’s important to equip yourself with a clear understanding of your requirements and carefully evaluate potential partners. Here are the key factors you should consider:

Industry expertise and experience

Financial software often involves complex regulations such as GDPR, PCI DSS, and SOX, security concerns, and high-stakes transactions, requiring a strong grasp of these regulations and compliance requirements. Your ideal QA team should be able to ensure compliance with industry regulations and have a proven track record of handling projects similar to yours.

Range of services offered

Financial software testing encompasses various testing types, including functional, performance, security, usability, and compliance testing. Look for top fintech testing companies offering a comprehensive range of services to cover all aspects of your application. This will save you from having to juggle between several partners down the line.

Technical capabilities and tools

Another important point of consideration is the technical capabilities and tools the company uses. The better the coverage, the higher the accuracy of the testing process will be. Also, consider if the team employs automation tools. Testing fintech solutions with automation tools significantly accelerates the process, especially in performance and regression testing.

Scalability and flexibility

Last but not least, a testing company should be able to scale their services to meet your project’s needs. Whether you’re a startup or a large enterprise on the verge of transformation, the company should have the resources and flexibility to handle projects of varying sizes and complexities.

Other than that, you should also consider the cultural fit. It's always easier and more effective to work with like-minded people who share your company's culture and values and look in the same direction. Now, let’s move on to the top ten winners offering fintech software testing services.

Fintech Software Testing Services Companies

• QA Wolf
• Founded: 2019
• Average project size: $5,000
• Hourly rates: Undisclosed
• Number of IT specialists: 50-249
• Focus: Application testing focus (compatibility and performance testing)
• Industries: financial services, IT, medical
• Services: Application testing
• Location: Seattle, WA
• Average review rating: 4.8

QA Wolf, based in Seattle, stands out in fintech testing with their innovative approach to end-to-end automated testing. Founded in 2019, they promise 80% test coverage within just four months, a feat achieved through their unique pricing model based on the number of test cases rather than hourly rates. This model allows for unlimited tests and parallel runs, significantly speeding up the process.

Clients appreciate QA Wolf for their detailed bug reports, which provide clear insights and actionable fixes, enhancing the overall quality of applications. Their team integrates seamlessly into client workflows, offering effective collaboration and acting as a true extension of the internal teams. With a zero vendor lock-in policy, QA Wolf offers flexibility and control, making them a standout choice for fintech companies looking to ensure their software is both reliable and efficient.

• TestFort
• Founded: 2001
• Average project size: $10,000
• Hourly rates: $25-$49
• Number of IT specialists: 50-249
• Focus: Application testing focus (compatibility, load, localization, manual, automation, performance testing)
• Industries: Financial, eCommerce, entertainment, medical
• Services: Application testing
• Location: L’viv, Ukraine
• Average review rating: 4.9

Testfort, with 21 years of experience and over 300 projects in the banking sector, excels in delivering top-notch software testing and quality assurance. Known for their mature processes and result-oriented approach, Testfort offers a comprehensive suite of testing services across web, desktop, and mobile platforms. Their expertise extends to both automated and manual testing, utilizing over 250 real devices, including the latest iOS and Android gadgets.

Clients such as Skype, HuffPost, AOL, and eBay benefit from Testfort’s independent QA services and certified processes, including CMMI Dev3 and ISBTQ certifications. They offer a range of testing types, from functional to performance and security, and provide flexible engagement models like time & material and dedicated teams. Recognized with multiple awards, including the European Software Testing Awards, Testfort is a trusted partner for ensuring high-quality, glitch-free software releases.

• Kualitatem
• Founded: 2010
• Average project size: $50,000
• Hourly rates: $25-$49
• Number of IT specialists: 50-249
• Focus: Functional software testing, Application testing focus, Cybersecurity focus, Cybersecurity technologies
• Industries: Financial services, government, consumer products and services, IT, advertising and marketing, retail
• Services: Application testing, cybersecurity
• Location: New York, NY
• Average review rating: 4.7

Kualitatem, established in 2010 in New York, is a leading software testing company that helps businesses achieve flawless software performance and robust security. Their comprehensive suite of testing services is designed to identify and resolve potential issues before they affect end-users, ensuring a smoother user experience and reducing the likelihood of bugs.

With expertise across various industries including government, finance, healthcare, and software development, Kualitatem excels in mitigating risk and accelerating time-to-market. Their proactive approach and focus on delivering quality solutions have earned them a reputation for enhancing brand reliability and user satisfaction. With a team of 50-249 professionals, Kualitatem is well-equipped to be your trusted partner in achieving software excellence and maintaining a competitive edge.

• Zapple Tech
• Founded: 2015
• Average project size: $10,000
• Hourly rates: $50-$99
• Number of IT specialists: 10-49
• Focus: Application testing focus (compatibility, load, localization, manual and performance testing)
• Industries: Financial, eCommerce, real estate, medical
• Services: Application testing
• Location: Kraków, Poland
• Average review rating: 4.9

Zapple Tech, founded in 2015 in Kraków, Poland, is a premier provider of automated testing services with a sharp focus on fintech applications. Specializing in a range of automated testing solutions, Zapple Tech delivers tailored frameworks and tools designed to enhance efficiency and reduce costs in financial technologies.

Their expertise spans web, mobile, and desktop test automation, as well as API and server-side testing. With a deep knowledge of various test automation frameworks—including Java, JavaScript, PHP, Python, and C#—Zapple Tech ensures robust and reliable performance for fintech applications. They also excel in performance testing and support TestOps and DevOps practices, integrating seamlessly into your development workflow.

Zapple Tech’s commitment to specialized testing and maintenance guarantees that your financial software meets the highest standards of quality and reliability. With a dedicated team of 10-49 professionals, they offer focused, high-quality testing services that accelerate time-to-market and enhance user satisfaction.

• QA Mentor
• Founded: 2010
• Average project size: $1,000
• Hourly rates: <$25
• Number of IT specialists: 250-999
• Focus: Application testing focus (automation, beta, compatibility, compliance, load, localization testing)
• Industries: Financial services, business, eCommerce, and others
• Services: Application testing
• Location: New York, NY