The complexity and number of features in a banking app significantly affect development costs. The cost will go up with each feature you want to add, and the more labor-intensive or technologically sophisticated those tasks are, the more they will cost.
We'll list some of the most popular features found in banking apps and provide an estimate of the development duration (measured in sprints). Multiplying the total number of hours by the rate of the engineers you hire will give you an approximate cost estimate. The subject of developer fees will be discussed later.