Top-tier strategies for bottom-line growth
Navigating compliance, scaling fast, and earning trust — fintech growth comes with fine print. Financial technology consulting makes the difference, helping businesses manage complexity, fuel growth, and avoid missteps. With 20+ years of experience, Vention delivers peace of mind (and stronger bottom lines) across the UK and beyond.
Fintech boom in the UK: A revolution, not just a fleeting trend
The UK’s fintech sector has seen dramatic growth over the past decade, becoming the second-largest destination for fintech investment after the US. As of December 2024, the UK was home to more than 3,300 fintech firms, contributing an estimated £11 billion and over 76,000 jobs to the economy.
And user adoption is booming, too. Across all segments, the number of fintech users continues to rise, with digital payments leading the way, now boasting around 51 million users. The UK fintech sector is setting the pace globally, driving innovation, raising new benchmarks, and shaping the future of financial technology.
With 20+ years of custom software development experience and 300+ domain experts, we get fintech working for you. Our financial services technology consulting expertise ensures that whether you’re launching a startup, streamlining finance operations, or delivering new digital services, you’re backed by the right technology to move faster, stay secure, and keep your customers a step ahead.
We’re the best investment you’ll ever make
Our fintech consulting services
Technology consulting
Whether you need to fine-tune your current infrastructure or build a brand-new one, our fintech experts help you make the right technology decisions, always balancing scalability, performance, security, and cost considerations.
Software architecture consulting
We design high-performing, scalable, and secure systems that are easy to manage in the dynamic fintech environment. Our consultants create a detailed software architecture blueprint (defining modules, components, and their interactions) that serves as a clear guide for developers to seamlessly implement a fully functioning app.
MVP development
Starting a fintech product from scratch? We’ll help you build an MVP that’s not just functional, but built to scale. We focus on launching essential features fast, gathering user feedback, and evolving your solution around what matters most.
Picture a digital lending platform that begins with basic credit scoring and a single loan product and then grows into automated decision-making and a full lending portfolio. If we’re augmenting your team rather than leading the build, you’ll stay firmly in the driver’s seat, with our experts on hand to offer best-practice guidance whenever needed.
Bespoke software development
We support specific development tasks, manage complex integrated projects, or handle anything in between. Every solution is tailored to your needs and built right the first time.
API and integration
APIs and integrations are only as strong as the systems behind them. We help fintech companies create seamless connections, solving challenges like outdated systems, limited APIs, and security risks. With clear integration blueprints, our team enables smooth, reliable data flow across internal platforms, payment systems, open banking services, and KYC APIs.
Quality assurance consulting
Accurate transactions, secure data, flawless calculations, a smooth user experience, and the ability to scale effortlessly — in fintech, quality assurance is essential. We develop QA strategies that cover everything from functional testing to performance, security, and compliance so you can build and scale with confidence.
Software modernisation
Looking to cut costs, boost agility, or bring ageing fintech infrastructure up to speed? We’ll help you create a clear roadmap to modernise your systems with the right strategy for your business. From encapsulation to rehosting, replatforming, refactoring, rearchitecting, rebuilding, or replacing, we guide you through the path that delivers the most value.
Who do we help?
Banks and financial institutions
Staying one step ahead is crucial to ensure fast, reliable operations. Vention engineers help financial institutions modernise outdated systems, strengthen security, and develop digital solutions that keep them competitive in an evolving industry.
Fintech startups
Got a game-changing idea? We have the consulting expertise to match. We help fintech startups turn concepts into real-world products, from MVP development and investor-ready solutions to scalable growth plans.
Payment processors and digital wallet providers
The UK ranks third in Europe for digital wallet usage, with one in five Brits regularly paying with their smartphone. Frictionless, secure transactions are the foundation of this everyday convenience.
We help businesses improve payment systems to be compatible, reliable, and user-friendly, enabling smooth operations across financial networks and building customer trust.
Insurance companies
The insurance sector is undergoing a rapid digital transformation, from telematics and AI to omnichannel customer experiences, predictive analytics, and the digitalisation of legacy systems. Our team will work with you to find the right solution to sharpen your competitive edge and drive success.
Mutual funds and investment firms
Traditional fund distribution methods are falling behind, while fintech platforms are attracting greater flows with smarter, faster access. Whether you're launching a new platform or improving an existing one, our financial technology consultants help you optimise operations and sharpen analytics.
Ready to take the next step? With experience in 20+ fintech domains, we've seen it all.
Our fintech consultants will help you create a clear, actionable strategy, make the right tech choices, and deliver a roadmap you can act on immediately.
Got challenges? We’ve got solutions.
A good idea can open the door, but scalability, performance, and adoption decide if you stay in the game. And we’re here to make sure you do.
Scalability and performance
As your user base and transaction load grow, inefficient systems buckle, leading to slowdowns, lags, and costly downtime. Our team helps you choose the right architecture, recommend fit-for-purpose technologies, and stress-test your solution’s performance before minor issues become major problems.
User experience & customer engagement
Poor experiences weaken retention, stall adoption, and slow growth. We build strategies that sharpen UI/UX design and streamline customer interactions, helping fintechs meet user expectations and turn engagement into momentum.
Meet our fintech consulting expert
Customers expect a seamless digital experience: modern UI/UX should simplify interactions and efficiently cover all common use cases. A well-designed application minimises friction and helps users navigate services effortlessly.
Today, users prefer self-service over direct interaction. A fintech platform must be advanced enough to handle most scenarios independently. This enhances convenience and builds trust by delivering a reliable, self-sufficient experience.”
Vlad Antsipin
Technical manager
Cost optimisation and operational efficiency
Cutting costs without sacrificing service quality is one of fintech’s biggest challenges. We help you prioritise features, avoid scope creep, and prevent costly rework through smart early-stage planning. Our specialists also recommend fit-for-purpose technologies that boost efficiency and cut hidden and visible costs.
Power the future of finance with Vention innovation
Technology is fuelling the UK fintech revolution, transforming finance at a record pace.
We’re at the forefront of these changes, embedding the latest technology stack into every fintech consulting solution we deliver.
Artificial intelligence (AI)
AI is reshaping fintech with smarter fraud detection, sharper risk analysis, and personalised customer experiences. We build secure, scalable solutions where chatbots anticipate user needs, investment platforms track markets in real time, and machine learning models support creditworthiness evaluation.
Blockchain
At Vention, blockchain powers more than crypto. We deliver tailored solutions for digital payments, smart contracts, and transparent supply chains, helping you optimise operations, strengthen security, and turn tokenisation into a competitive advantage.
Computer vision
In fintech, keeping a close eye on fraud, identity, and compliance is everything, and computer vision makes this possible. With Vention, you can integrate biometric authentication, speed up onboarding, and automate KYC, all without slowing users down.
Cloud
Over half of enterprises miss the full benefits of multi-cloud deployments without a clear strategy. We design secure, scalable cloud roadmaps tailored to your needs, whether migrating legacy systems or building cloud-native fintech platforms. Plus, our partnerships with AWS, Microsoft, and Google Cloud ensure stability, cost-efficiency, and top-tier compliance.
AR/VR
The way people interact with financial services is changing fast, and AR/VR is leading the way by simplifying complex tasks and making actions like opening an account or finding an ATM faster and easier. Companies like Mastercard and NatWest are already proving their value, and with our expertise, fintechs can create AR/VR experiences that feel seamless, human, and ready for what’s next.
IoT
Fintech is moving beyond screens and into real-world experiences through IoT innovation.
Get ready to integrate financial services with smart devices to simplify payments, enhance security, and deliver real-time insights, turning new financial options into everyday realities.
Inside fintech consulting: What you really get
Deep dive into your project
We begin by thoroughly understanding your business and project goals. Our fintech consultants analyse every aspect to define objectives, set priorities, and identify the steps required to reach your targets.
Audit of your current state
A clear view of your existing systems and processes is essential for effective consulting.
We assess inefficiencies, bottlenecks, and operational risks to build an accurate and detailed picture of where improvements are needed.
Recommendations and roadmap
We deliver a practical, actionable roadmap aligned with your goals, timeframes, and key metrics. The plan outlines clear priorities and next steps, providing a structured path to move forward efficiently.
Ready to get clarity on your ideal engagement model and development plan?
Book a product discovery workshop and walk away with expert answers, actionable next steps, and fintech tools that fit your business.
Expertise that meets every fintech niche
Digital banking
We introduce AI and machine learning for personalised services, advise on cybersecurity, and strengthen data protection, making innovation in digital banking a reality.
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Banking platform design
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Mobile banking apps
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KYC/AML solutions
Payments
Our consultants help companies develop and improve mobile payment solutions, ranging from integration strategies with existing payment systems to analysing and implementing new technologies such as NFC and QR codes.
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Payment gateway integration
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Digital wallets
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User experience optimisation
Peer-to-peer lending
We help companies build scalable, interoperable, and easy-to-manage P2P lending ecosystems. Vention engineers also support risk assessment and borrower credit modelling and streamline the entire application and loan approval process, making lending faster and safer.
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Credit scoring
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Loan origination
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Risk analysis and management
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Buy-now-pay-later
Robo-advisors and algorithmic trading
Our team implements automated investment algorithms, analyses market data, and refines forecasting models to power smarter investment management.
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Investment management
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Portfolio automation
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Data analytics and risk scoring
Insurtech
We automate insurance processes, attract customers, personalise insurance products, and enhance risk assessment, which helps insurance companies stay agile and customer-centric.
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Policy administration software
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Underwriting
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Billing
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Claim management
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Insurance portal and mobile apps
Our work in action
All cases
Why Vention?
Years of custom fintech development experience
Financial projects delivered
Fintech experts ready to deliver
ISO 27001-certified for top-tier security standards
4.9/5 Clutch rating across 80+ verified reviews
Onsite CTO support, bringing leading insight at a fraction of the cost
Trusted. Time-tested. Talked about
We’ve spent two decades building fintech success stories, but no one tells them better than our clients. Here’s a glimpse at what they’re saying on Clutch.co.
Head of Developer Experience, Upvest
“Vention came with some highly relevant references in the industry. We focus on dependability and performance. We both expected and got that from Vention employees. Not only have they executed the tasks given, but they’ve also shown an understanding of the product’s impact.”
“They provided a thorough project proposal after reviewing our specifications and we were happy with the proposed tech stack, resource plan, and estimated cost for the project. We were very happy with the initial specification, the design prototypes and the accuracy of time estimates on the sprints.”
Operations Manager, Exness Global Limited
“What stood out the most about this company was their ability to rapidly understand our complex needs and deliver results with exceptional speed.”
CTO, TWINO
“Project is still in development, but implemented features makes page much more compelling and with better user experience. Also implementation speed due to new tech is much faster and easier. They are interested to give best to our project and team.”
CTO, Union54
“We were able to put our MVP into production within 3 months of inception and continue to issue new releases on a regular basis. This has allowed us to capture new clients on an ongoing basis. The breadth and depth of talent that they have on tap is impressive, account management is also excellent - if any issues arose, they were swiftly dealt with in a positive manner.”
Proud to partner with the best
We’re proud to collaborate with AWS, Microsoft, Google Cloud, Stripe, Payload, Salesforce, HashiCorp, and UIPath, giving our clients direct access to world-class technologies and expertise.
We also routinely earn recognition from those who don’t hand it out easily. These awards reflect our commitment to excellence, innovation, and leadership:
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Global Business Excellence Awards
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UK IT Industry Awards (Vendor of the Year — finalist)
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UK Business Tech Awards (Tech Company of the Year — finalist)
- National Technology Awards
FAQ
Do you offer both strategy consulting and software development?
Yes! We provide a full range of fintech consulting services, from high-level strategy development to full-scale software design and development, giving you end-to-end support under one roof.
How do you ensure compliance with financial regulations (GDPR, PSD2, AML, KYC)?
While we don’t directly provide regulatory consulting services, we work closely with your team to ensure technical solutions fully support your compliance needs. Our role is to help you implement secure, reliable systems that align with GDPR, PSD2, AML, KYC, and other relevant regulations.
How do you handle security concerns in fintech software?
Security is non-negotiable. We embed best-in-class protection into every solution we build (including encryption, multi-factor authentication, secure APIs, real-time monitoring, and continuous risk assessment) to safeguard your users, transactions, and data.
Can you assist with modernising legacy financial systems?
Absolutely. We help financial institutions transition from legacy systems to scalable, high-performing platforms, improving speed, security, and resilience with minimal business disruption.
What’s the typical timeline for a fintech consulting engagement?
Timelines vary based on project size and complexity. Smaller projects, such as integrating a payment gateway like Stripe or PayPal for a fintech startup, typically take around a week.
Larger engagements (think building a custom core banking integration platform connecting multiple third-party services) can take up to two months due to architectural and compliance requirements. We’ll always scope the work upfront so you know what to expect.
How do you collaborate with in-house teams or existing vendors?
We integrate seamlessly with your teams, acting as an extension of your business. Whether working alongside your in-house developers, external vendors, or internal stakeholders, we prioritise transparent communication, shared goals, and flexible collaboration to drive the best outcomes.
Do you provide proof of concept (PoC) or MVP development for fintech startups?
Yes, and it's one of our specialties. Our team creates high-impact PoCs and MVPs that help fintech startups validate ideas quickly, attract investors, and enter the market faster with a strong foundation for growth.
Contact form
In London? So are we.
Drop by for a chat or give us a ring. Let’s turn fintech ideas into real-world wins.
+44 207 117 284230
Churchill Place
London E14 5RE, UK
hello@ventionteams.com
Prefer a virtual meeting?