The Future of Finance SaaS Solutions: Custom vs. Off-the-Shelf

5 min readMar 29, 2024


Things you should know about custom and off-the-shelf fintech SaaS solutions to make the right decision for your business.

Fintech SaaS bridges the gap between traditional financial services and the technology-driven future, offering cloud-based platforms for financial transactions.

The emergence of SaaS solutions revolutionizes the way financial institutions, businesses, and individuals manage their finances, investments, and transactions. With the power of SaaS, companies from the banking, accounting, insurance, and cryptocurrency sectors can enhance their competitive advantage.


We at Acropolium have gained over 14 years of experience developing fintech software solutions. Having witnessed our clients increase user flow while significantly reducing costs, we’re sharing our insights into building and selecting an appropriate fintech SaaS solution.

Read on!

What is Fintech SaaS?

Fintech SaaS, or Software as a Service in the financial technology domain, encompasses applications that are accessed through the cloud. Financial SaaS applications are hosted on remote servers and offered to users through subscription or pay-as-you-go models.

This setup allows users to access the product without software installation or maintenance on their local devices or infrastructure. The straightforward and user-friendly nature of this model is one of the reasons why user-centric financial businesses consider outsourcing SaaS development.

Fintech SaaS Market Forecast

Finance SaaS market forecast representing the exponential growth of cloud-based fintech solutions.

The fintech Software-as-a-Service market is expected to experience significant expansion starting from 2023. Projected to increase from $10.5 billion in 2023 to $676.9 billion by 2028, the market will grow at a staggering 16.9% CAGR.

Such values are driven by the rising demand for convenient digital financial services among consumers. Now, let’s delve into the fundamentals of fintech SaaS solutions, highlighting the features that make them invaluable for successful financial operations.

Examples of Ready-Made Finance SaaS Applications

Businesses commonly opt for SaaS solutions due to their cost-effectiveness. By utilizing SaaS, upfront hardware costs and ongoing maintenance expenses are eliminated. Furthermore, SaaS providers are responsible for handling maintenance, ensuring that the software remains up-to-date while reducing the burden on in-house IT teams.

Fintech SaaS software is crafted to provide a range of financial services, tools, and functionalities to businesses, financial institutions, and individuals. Examples of common Fintech SaaS solutions include:

  • Payment Processing. Fintech SaaS software like PayPal or Square facilitates online payment processing, encompassing credit cards, transfers, and various transaction methods.
  • Accounting and Financial Management. QuickBooks and similar applications streamline financial transactions, expense tracking, reporting, and accounting procedures.
  • Wealth Management. SaaS tools like Empower assist in managing investments, creating portfolios, and offering financial planning services.
  • Regulatory Compliance and Risk Management. Financial management and accounting software under the SaaS model ensures compliance with regulations, monitors risks, and enhances business security measures.
  • Trading and Investment Platforms. SaaS trading platforms provide access to financial markets for trading stocks, cryptocurrencies, and commodities.

Why Invest in a Custom Fintech SaaS Solution?

The 6 benefits of investing in custom financial SaaS applications for your business.

While off-the-shelf software may be readily accessible, it may not fully align with a company’s specific payment workflows or branding requirements. Additionally, it might lack certain features necessary for specialized accounting practices or industry-specific needs.

In such cases, custom software development becomes the preferred choice, offering a tailored experience and seamless integration with unique systems.

Tailored Solutions for Customization and Scalability

Custom fintech SaaS solutions provide businesses with the flexibility to tailor their software to meet current and future requirements, ensuring optimal operations and user experiences.

Compliance with Regulatory Requirements

Bespoke SaaS software can be built with specific regulatory and compliance requirements in mind, minimizing the risk of non-compliance and potential legal issues.

Seamless Integration with Existing Systems

Custom SaaS fintech software can be designed to integrate seamlessly with a company’s current systems. This allows for streamlining data management and sharing throughout the organization for greater efficiency and a more unified approach to financial operations.

Long-Term Cost Savings

While custom software development requires higher upfront costs, it can lead to long-term savings. Off-the-shelf solutions may include unnecessary features that require costly modifications, whereas custom software is tailored to meet specific needs from the outset.

Competitive Advantage through Differentiation

Custom solutions offer businesses the opportunity to differentiate themselves in a competitive market by providing finance SaaS products that address their customers’ unique pain points and needs.

Enhanced Ownership and Control

With custom SaaS fintech software, businesses retain complete ownership and control over the software. This enables them to have a more direct influence over product development, maintenance, and updates.

Key Features of Custom SaaS Fintech Solutions

Despite requiring higher initial investments, you can benefit from custom solutions with customizing features, security protocols, and compliance measures. When outsourcing SaaS development, make sure that the vendor has expertise in crafting the following functionality:

  • Seamless payment processing to simplify tasks like money transfers, electronic payments, and balance tracking with strong security measures.
  • An intuitive user interface to enhance your fintech app’s reputation with a visually appealing, easy-to-navigate layout and a swift sign-in process.
  • Strong security measures for an efficient authentication process with the latest cybersecurity protocols.
  • Personalization options to elevate user trust by offering tailored experiences, allowing users to customize their interactions.

Acropolium’s Experience

Leveraging over two decades of expertise in crafting bespoke software across diverse industries, Acropolium boasts an extensive portfolio comprising 137+ SaaS solutions.

In a recent collaboration with a cryptocurrency company, our task was to create a user-friendly and highly functional crypto-adviser tailored for beginners. The client sought an intuitive platform, facilitating effortless and secure cryptocurrency investment.

To meet these requirements for the complex fintech SaaS project, our developers collaborated to:

  • Develop a strategic marketplace for users to explore and seamlessly implement trading options.
  • Utilize a questionnaire-based risk-profiling tool to assess users’ risk tolerance and match their profiles with suitable portfolios and trading options.
  • Enable diversification within the crypto robo-advisor software, allowing users to allocate investments across various cryptocurrencies.
  • Implement multi-factor authentication and cold storage for cryptocurrencies to safeguard users’ assets and data.

Within 24 months, our dedicated team successfully built a comprehensive product, resulting in a remarkable 250% increase in registrations. Consequently, the trading volumes surged by 119%.

Final Thoughts

As the finance and technology landscape evolves, selecting the right fintech SaaS solution becomes crucial for businesses to meet customer expectations. The choice between custom and off-the-shelf solutions depends on adaptability, affordability, regulatory compliance, and specific business needs.

By operating with SaaS, businesses can advance their digital transformation and provide seamless financial services to their customers. And Acropolium is here to make it real: from accounting to finance management software, we realize diverse business goals with clients’ budgets in mind.

Ready to employ SaaS for your financial business? Contact us today: we offer flexible cooperation models, including subscription-based plans tailored to you.




An agile provider of bespoke software development services. From web & mobile apps to SaaS & blockchain, we craft solutions for business growth.