Fintech Software Development Company in Kenya
Fortunesoft builds tailored financial technology solutions for banking and financial service providers, covering digital transactions, loan management, system connectivity, and financial data protection.
17 +
Years of Service
150 +
Happy Clients
510 +
Successful Projects
2400 +
Successful Sprints
Introduction
Fintech Software Development for Financial Businesses
Kenya's financial sector needs digital systems that can handle everyday banking, mobile payments, loan applications, and financial data without creating unnecessary delays or operational bottlenecks. Building these platforms also requires careful consideration of data protection, operational risks, and applicable financial regulations.
At Fortunesoft, we build fintech applications around specific business needs, from helping lenders manage loan workflows to enabling payment providers to connect their systems and helping financial institutions modernise older platforms. Whether a business needs a digital lending platform, a payment processing system, or an upgrade to its existing financial infrastructure, we engineer the applications, API integrations, automated workflows, and testing processes needed to support secure transactions and reliable financial operations.
Compliance
Fintech Security and Regulatory Considerations in Kenya
Kenya Data Protection Act, 2019
Design data handling and application workflows with privacy considerations, appropriate access controls, and safeguards aligned with applicable data protection obligations. Specific requirements depend on the organisation's role and how personal data is processed.
Central Bank of Kenya Requirements
For applicable banking and payment use cases, account for relevant Central Bank of Kenya requirements concerning cybersecurity, risk management, operational controls, and payment services. The requirements must be assessed against the institution, product, and regulatory framework involved.
PCI DSS Considerations
For applications that store, process, or transmit payment card data, consider applicable PCI DSS requirements and the controls needed to protect cardholder information. Compliance depends on the complete payment environment, scope, and validation requirements.
Anti Money Laundering and Know Your Customer Workflow
Develop workflows that support customer identification, screening, transaction monitoring, and suspicious activity review through appropriate integrations and configurable controls. The implementation should reflect the applicable Kenyan AML/CFT obligations and the organisation's responsibilities.
Capital Markets Authority Requirements
Investment and trading platforms may need to account for Capital Markets Authority rules on reporting, documentation, and operations. Applicable obligations vary according to the services offered and the organisation's regulatory status.
Let Intelligence Work With You, Not Just For You
Agentic AI Engineering
Autonomous, multi-agent systems built to make decisions, collaborate, and execute complex tasks.
Vertical AI Consulting
Combining agentic intelligence with deep domain knowledge in EHRs, clinical ops, regulatory tech, and financial systems for maximum contextual precision.
LLM Toolchains & Production Systems
Integrating curated LLMs, secure RAG pipelines, and reusable components to accelerate delivery - without compromising on compliance or performance.
Our Agentic AI doesn’t just process—it perceives, learns, and acts. Build intelligence that understands your domain - and drives real action.
Why Choose Fortunesoft for FinTech Software Development?
Financial software projects require an engineering partner that understands the relationship between application functionality, financial workflows, integration dependencies, and operational risk.
17+ Years in Software Engineering
Fortunesoft brings more than 17 years of software engineering experience, with capabilities across financial applications, system integration, and custom software development.
Requirements Led Engineering
We define application functionality, technical dependencies, security considerations, and relevant regulatory requirements before finalizing the solution architecture.
Integration Focused Development
We build integration layers around supported banking systems, payment providers, identity services, and financial data sources to help applications work within existing technology environments.
Security Considerations Throughout Development
We incorporate appropriate security practices, access controls, testing, and documentation into the development lifecycle based on the project's requirements.
Flexible Platform Architecture
We design software around the product's functional scope, expected transaction volumes, integration requirements, and future development needs.
Regional Market Awareness
Based in Nairobi, Fortunesoft Africa Limited supports software development initiatives for financial organisations operating in Kenya and other African markets. Project requirements are evaluated according to the relevant market, operational environment, and applicable regulations.
Discuss your fintech product, integration requirements, and development priorities with our team.
Our Fintech Software Development Services
Fortunesoft develops scalable FinTech solutions that enable financial organizations to deliver secure, compliant, and seamless digital experiences across payments, banking, lending, and wealth management ecosystems.
Custom Fintech Application Development
Build financial applications around your business model, customer requirements, and operational workflows. We develop tailored solutions for digital banking, payments, lending, wealth management, and insurance operations.
Fintech Product Modernization
Modernize legacy financial applications through architectural improvements, cloud migration, modular development, and system integration. The modernization plan is shaped by current systems, potential migration challenges, and the need to keep business operations running.
Financial Workflow Automation
Automate repetitive financial operations such as onboarding, identity verification, loan processing, reconciliation, and claims handling. Where appropriate, rules-based automation and AI-assisted capabilities can help reduce manual work and improve operational consistency.
Financial Data Integration and Engineering
Connect fragmented financial data sources through integration services and data pipelines. Develop the technical foundations needed for consistent data exchange, reporting, transaction visibility, and operational analytics.
Fintech Quality Engineering and Validation
Validate application functionality, integration behaviour, access controls, data handling, and transaction workflows. Testing and documentation can be mapped to the applicable security, operational, and regulatory requirements of each project.
API Development & Interoperability
Develop APIs and integration layers that connect fintech applications with core banking systems, payment providers, identity verification services, and other financial platforms. Integration feasibility varies based on API availability, third party provider specifications, and granted access rights.
Discuss your fintech software needs with our team.
Fintech Integrations and API Development
M-Pesa and Mobile Money Integration
Integrate M-Pesa and other supported mobile money services for payment collection, transfers, disbursements, transaction status updates, and reconciliation. Implementation depends on provider APIs, commercial access, and the selected integration model.
Core Banking Integration
Link fintech platforms to compatible core banking systems to share account details, transaction records, and financial data through available integration methods.
Payment Gateway Integration
Connect payment gateways and processors to manage payment requests, track transactions, handle fund transfers, and simplify reconciliation.
KYC and AML Provider Integration
Connect identity verification, customer screening, and transaction monitoring providers with onboarding and payment workflows. The specific checks depend on the applicable requirements and selected service providers.
Open Banking API Integration
Develop API connections for consent-based financial data exchange where supported by the relevant providers, infrastructure, and regulatory framework.
Issuer and Payment Processor Integration
Connect supported issuer processing services for card-related workflows, transaction authorization, settlement information, and card lifecycle operations.
Trading and Brokerage API Integration
Integrate supported brokerage, market data, and custodial services for investment workflows, order information, portfolio data, and transaction reporting.
Digital Identity Verification Integration
Integrate identity verification services to support customer onboarding, identity checks, and account verification workflows within fintech applications.
Fintech Solutions We Build
Digital Banking Platforms
Build digital banking platforms for account management, transfers, and online banking services.
Payment Processing Platforms
Develop payment platforms for secure transaction processing and payment workflows.
Mobile Money Wallets
Create mobile wallets for digital payments, transfers, and balance management.
Digital Lending Platforms
Streamline loan applications, credit assessments, and repayment workflows.
Peer to Peer Lending Platforms
Connect borrowers and lenders through digital lending platforms.
Buy Now, Pay Later Platforms
Enable flexible payment options with instalment and repayment management.
Wealth Management Platforms
Support portfolio tracking, investment management, and financial reporting.
Robo Advisory Platforms
Build digital tools for investment guidance and portfolio recommendations.
Secure and Interoperable
Fintech Engineering
Access and Identity Management
Encryption and Data Protection
Audit Trails and Event Logging
Transaction Monitoring and Alerts
Fraud Prevention Capabilities
Scalable Application Architecture
API Security and Traffic Controls
Secure Development and Deployment
Multi Factor Authentication
Start building scalable digital solutions with Fortunesoft.
Case Studies
Our Work in Action
FinTech
Scaled a Tax Exemption Platform for Multi-State Compliance Automation
Why enterprises struggle with tax certificates and how AI-driven automation fixes it.
FinTech
Secure Multi-Channel Payment Integration Simplified Merchant Onboarding
Encrypted payment platform across multiple merchants with seamless PGP-secured processing...
FinTech
Streamlined a Pre-IPO Investment Platform with Compliance Built In
Role-based dashboards for Investors, Advisors, BD, RIA, Admins with KYC and e-signatures...
Our Fintech Software
Development Process
Discovery and Requirements
Define business objectives, target users, functional requirements, integration dependencies, and technical constraints through structured discovery.
Regulatory and Risk Assessment
Identify relevant regulatory considerations, data handling requirements, security risks, and operational dependencies that may influence the solution design.
Architecture and Prototyping
Define the application architecture, data flows, integration boundaries, and user journeys. Create prototypes where useful to validate important requirements before implementation.
Agile Development and Documentation
Develop application components iteratively, maintain technical documentation, and review progress against agreed functionality and project requirements.
Testing and Validation
Perform functional, integration, performance, and security testing appropriate to the application. Test essential transaction processes, user access controls, and error recovery scenarios.
Deployment and Release Management
Prepare production environments, coordinate releases, validate deployment configurations, and plan migration or transition activities according to the project's needs.
Ongoing Support and Optimization
Provide agreed maintenance, issue resolution, performance improvements, and feature enhancements after deployment.
Talk to our experts to explore the best solution for your requirements.
Testimonials
Hear from Those Who
Chose Us
Fortunesoft IT Innovations has been an outstanding business partner for our company. After a terrible experience using offshore developers, we took a chance on Fortunesoft IT Innovations and they have been excellent to work with. The team is relentless in following agile development processes. They took the time to learn our business and it shows in the quality of the work they do. Their team has a broad range of skillsets and were able to help us with every aspect of our start-up company.
Conner Humphrey
Co-Founder, SalesC2, US
Working with Fortunesoft on the development of our Iguana Fintech Solutions, Credit Lending Platform and Middleware Solution has been a truly positive experience. Fortunesoft team has shown a deep understanding of middleware architecture, excellent problem-solving skills, and strong expertise in API integration. Their collaborative approach and efficiency have contributed greatly to a smooth and productive development process.
Dr. Telma Ingles
CEO, Kwattel SA
Competence, Service and Support are excellent. Our design tool works great and now generates revenue. The team is with you from building the website to making sure it runs smoothly even after the project is complete. Looking forward to creating more online solutions for our customers with fortunesoft!
Jaysond Miclat
Business Development Director, CollegeWear Inc, California, US
I really appreciate the team’s efforts. It has been a pleasure to see this project become a reality. My hope is that the website will then stand as a testament to all of the effort invested in it by so many people. Thank you again for all of your support and assistance.
Katinka Csizmadi
Communications Assistant Manager, Live Language – Glasgow, Scotland.
When I have an idea that needs to be translated into a capability, I reach out to you Fortunesoft Team. Thanks for never letting us down. I’ll be glad to refer Fortunesoft team and speak of their skill set and commitment to the projects & timelines. I’ve engaged Fortunesoft team on multiple occasions over a period of 2+ years to build Commerce and payment capabilities on SaaS and OnPrem infrastructures.
Rajagopalan M
Head of Regional Solutions- Ecosystem Partnerships & Marketplaces DBS Bank, Singapore
A pleasure to work with. The project was actually delivered ahead of schedule. Regular scrum calls were clear and efficient. On budget and ahead of schedule. We will definitely work with them again.
Robert Brown
CEO, Options Away LLC – Chicago, US.
The group was thoughtful, smart, agile, and met all of our requirements.
Sean Colandrea
Co-Founder, ClinicalC2, US
Awards & Recognition
Celebrated for Innovation. Trusted for Excellence
Over the years, Fortunesoft has been recognized for its commitment to innovation, quality, and customer success in the FinTech and Healthcare technology space.
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