How much does it cost to develop a personal finance app like Oval?
Wondering what a personal finance app is? A personal finance app is used in laymen’s terms to track personal spendings and plan a monthly budget.
Sometimes such apps are called money-saving apps. These apps enable users to borrow, lend and even invest money. Oval is such an app that combines expense tracking, saving, and investing all into one app while adding a social element by empowering its community of users to share tips and recommendations.
Do you want to develop an app like Oval? If yes, then the target audience for this kind of personal apps is end-users which means that it has a B2C business model. At AGS, we have the experience and expertise to develop an app like Oval that can render the best user experience.
Statistics of Oval: A Personal Finance App
What is the Oval app?
The former CEO of Uber founded Oval, and this app was developed to handle the issues of financial literacy. This app lets users save their time and money by helping them in learning to monitor their spending habits and investing. Besides, the application also allows users to make savings more dynamic.
This AI app was made to guide the users to get a better spending habit and invest for a secure and better future.
Want to develop a personal finance management app like Oval?
Do you want to take leverage of this fintech surge and develop an app like Oval? If yes, then you have landed in the right place. Auxano global services is a reliable software development company, we have developed several fintech applications.
Hence our mobile app developers have the know-how of how crucial this industry is. From data protection to privacy rights, we know how sensitive your data is, and thus our developers create an entirely secure app. The cost factor depends on the features that you want in the app. Therefore, to get an exact idea of the development price, reach our experts now.
Basic Feature & Cost To Develop An App Like Oval
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 transaction | 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 | ||
Oval like application development cost | $20k to $30k 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 |
Team Composition We Will Assign To Your Project
Technology Stack
- App Development
- API Manage and Payment Gateway
- Server and Testing
- Tracking and Management
Sketch
Xcode
Android
Fabric iOS
Android Studio
Sass
Swift iOSWhy choose Auxano Global Services as your development partner for developing an app like Oval?
We know it might be in your head that there are various software development firms, why should you choose AGS. So we are listing the things that make us unique from others:
- We do not just view your requirements and start talking. We research your app’s niche, competitors, and every in & out that you might haven’t considered.
- We assign expert resources that bring value to you and make your spending worth by delivering exceptional results.
- We have developed finance industry applications for our clients. Hence we know everything about the industry and what it needs.
Frequently Asked Questions
How long would it take to develop an app like Oval?
What are the various security measures taken while developing such applications?
- Tokenization: The OTP is assigned to the user, who is the actual credit/debit cardholder during the transaction. Only its respective provider can detokenize this number shrinking the chances of online fraud to the minimum.
- Point-to-point encryption: It guarantees safety is maintained during all transactions, and a secured format is developed for communication with a POS terminal.
- Mobile device identification: The app and a cell phone are paired during the transaction to add an extra security layer.