How much does it cost to build a fully compliant neobank app?

[Callie Morgan]

Building a fully compliant neobank app can cost anywhere from $150000 to $500000 dollars or more. This depends on several factors such as regulatory requirements, security standards, and the level of customization needed. You will also need to integrate features like KYC, AML, and possibly GDPR or PSD2 compliance. The neobank app development cost increases significantly when legal audits, secure infrastructure, and certified processes are involved.
For businesses that want expert guidance from the start, a company like Hashcodex is worth considering. They have experience in neobank app development and can help you handle both the technical build and compliance requirements with confidence.