Building a Mobile Banking App Like Halifax in UK: Cost, Features & Timeline
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The UK fintech market is projected to hit US $16.21 billion in 2025 and keep rising at roughly 10 % CAGR through 2030. In today’s rapidly evolving fintech landscape, mobile banking app development in the UK has become essential for startups and mid-sized businesses eager to stay ahead. Take Sarah, a CTO at a growing fintech startup, who is on a mission to build a mobile banking app like Halifax — a trusted name synonymous with innovation and security. As she navigates the complex fintech app development process, key questions arise: How much does it cost to build a mobile banking app? And what does a realistic development timeline look like for a solution as robust as the Halifax mobile banking app? To give you a clear picture, the cost to build a mobile banking app like Halifax in the UK typically ranges from £100,000 to £300,000 (approximately $120,000 to $360,000) depending on features, security requirements, and compliance challenges. Meanwhile, the mobile banking app devel...