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Shivacha FinTechWeb2 FinTech

Neobank Development

Launch a neobank with a mobile-first experience, modern ledger and licensed banking partners — from MVP to scale.

Payment · pay_8F2k
Illustrative
  1. Client
  2. API
  3. Identity & KYC
  4. Risk & compliance
  5. Payment gateway
  6. Ledger
  7. Settlement

Journal entry · balanced

AccountDebitCredit
Customer funds120.00—
Merchant payable—118.20
Fee revenue—1.80
Bank rails Cards Wallets Payouts

Overview

A neobank competes on experience, speed and focus: a specific audience, a sharp proposition and a product that feels effortless. We build neobanks end-to-end — mobile apps, onboarding, accounts, cards, payments, savings features, a modern ledger and back-office — integrated with sponsor banks or BaaS providers, card processors and KYC vendors. The architecture allows you to add partners, markets and products without re-platforming.

Common use cases

  • Niche neobankA bank for freelancers, creators, students or a diaspora community.
  • SME neobankBusiness accounts with accounting and invoicing integrations.
  • Multi-currency neobankAccounts and cards for international users.
  • Hybrid neobankFiat accounts alongside stablecoins and digital assets.

Faster route to launch

Start from our white-label neobank.

Most neobank development projects don't need to begin from zero. Shivacha Neobank provides a production-ready foundation that we customise to your brand, workflows and integrations — or we engineer a fully custom platform where your requirements demand it.

Typical implementation

3–4 weeks

White-label implementation

Customization

Highly customizable

Advanced builds: 4–6+ weeks

  • White-label
  • Ready to launch
  • Production-ready
  • Customizable
  • API-ready
View Shivacha Neobank

Timelines refer to software implementation and deployment scope for a defined configuration. Third-party integrations, regulatory approvals, banking and card-issuer onboarding, custody and liquidity agreements, security audits and other external dependencies may require additional time.

Quick answers

Neobank Development at a glance

The essentials in brief. Every project is scoped individually — ask us for specifics.

What is neobank development?
Launch a neobank with a mobile-first experience, modern ledger and licensed banking partners — from MVP to scale.
Who is it for?
Typically neobanks, payment companies, lenders, wealth platforms and financial institutions building or modernising customer-facing and back-office systems.
What does Shivacha provide?
  • Mobile-first product
  • BaaS integration
  • Card program integration
  • Modern ledger
  • Growth features
  • Operations console
Which technologies are used?
Double-Entry Ledgers, ISO 20022, Open Banking APIs, Java, Kotlin, Swift — chosen to fit your stack and constraints.
How does the process work?
Product & partner model → Core design → Integrations → Experience build → Launch readiness.
What affects the cost?
  • Banking, card, payment and KYC partners to integrate
  • Ledger and reconciliation complexity
  • Number of currencies, countries and payment rails
  • Compliance, reporting and audit requirements
  • Mobile, web and back-office scope
  • Availability and disaster-recovery targets
How long does it take?
A regulated-market MVP usually takes 4–7 months including partner integrations; extensions to an existing platform can ship in weeks.
How do I get started?
Share a short brief in the form below, book a 30-minute call or message us on WhatsApp. A senior engineer replies within one business day; NDA on request.

Capabilities

What we deliver

Mobile-first product

Native-quality iOS and Android apps.

BaaS integration

Accounts and payments through licensed partners.

Card program integration

Debit and virtual cards through issuing partners.

Modern ledger

Real-time balances, pots and transaction categorisation.

Growth features

Referrals, rewards and in-app engagement.

Operations console

Support, KYC review, limits and disputes.

Architecture

Engineered right from day one

The layers we typically design for digital banking & neobanks, adapted to your stack and partners.

  • Ledger accuracyDouble-entry accounting with immutable journal entries and daily reconciliation.
  • Partner abstractionBaaS and banking partners behind adapters to avoid lock-in.
  • Operational toolingBack-office for support, disputes, limits and manual adjustments with maker-checker.
  • Regulatory positioningRegulated services provided by licensed partners; we deliver the technology.
Digital Banking & Neobanks · reference architecture
5Channels
Mobile appWeb bankingBusiness dashboardOpen APIs
4Banking services
OnboardingAccountsTransfersCardsStatements
3Core
LedgerProduct engineInterest & feesLimits
2Risk tech
KYC/KYBAML screeningFraudMonitoring
1Partners
Sponsor bank / BaaSPayment schemesCard processor

Delivery

How an engagement runs

  1. 1

    Product & partner model

    Define products, customer segments and licensed partners providing regulated services.

  2. 2

    Core design

    Account structures, ledger, product rules and money movement flows.

  3. 3

    Integrations

    Sponsor bank or core system, payment schemes, card processor, KYC and screening providers.

  4. 4

    Experience build

    Onboarding, accounts, payments and support journeys across mobile and web.

  5. 5

    Launch readiness

    Testing with partners, operational tooling, reconciliation and controlled launch.

Security

Security built into delivery

Controls we apply by default on this kind of work — not a separate phase at the end.

Ledger integrity

Double-entry, immutable journals and daily reconciliation against partners.

Idempotent money movement

Every payment operation safe to retry, with no double-spend.

Access control

Maker-checker approvals, least privilege and full audit logging.

Data protection

Encryption in transit and at rest, tokenised card data and PCI-aware architecture.

Dedicated team

Banking Technology Team

Engineers for digital banking, core integration and banking APIs.

FAQ

Frequently asked questions

How long does it take to launch a neobank?

Technology can be production-ready in a matter of months using our platform accelerators; overall timing usually depends on partner contracting and regulatory readiness.

Can a neobank run on multiple banking partners?

Yes. Our partner abstraction allows multiple sponsor banks or BaaS providers, for redundancy or market coverage.

Do we need a banking licence to launch a neobank?

Many neobanks launch in partnership with a licensed sponsor bank or e-money institution, while others hold their own licences. That is a legal and strategic decision for you and your advisors; our platforms support both models technically.

Can you integrate with our existing core banking system?

Yes. We build API layers and middleware over existing cores, or implement a modern ledger alongside the legacy core for new products.

Next step

Discuss Your FinTech Product.

Tell us about your neobank development requirements — goals, timeline and constraints. We will reply with questions, an approach and next steps.

  • Senior engineer reads every enquiry
  • Reply within one business day
  • NDA on request

Prefer to talk first?

Book a 30-minute call, or message the nearest team on WhatsApp.

Book a Call

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