How Much Does It Cost to Build a White Label Neobank App in 2025?

Traditional banks were once untouchable. They had the trust, the branches, and the control. But over the past few years, people have grown tired of endless paperwork, high fees, and waiting days for something as simple as a money transfer. Banking is supposed to make life easier, not harder.

This is where neobanks come in. A neobank operates entirely online. No physical branches, no outdated systems, just digital-first banking that runs through mobile and web apps. People can open accounts in minutes, transfer money instantly, and track their finances in real time.

If you’re here, you’re probably weighing one of the most important questions: how much does it cost to build a white label neobank app in 2025? The answer isn’t one-size-fits-all, but we’ll walk through every factor that influences the cost so you can plan with confidence.

Suffescom Solutions Inc. provides world-class neobank app development solutions to its clients. Our professionals will guide you through the features, benefits, development process, and budget. Talk to our experts and also get fruitful insights about the crypto neobank app development.

White Label Neobank App Cost in 2025: The Quick Answer

The white label neobank platform development cost ranges between $20,000-$40,000. This is not the fixed price and may vary depending on the project’s requirements. Neobank app development cost depends upon various parameters. It is quite evident that the development cost depends upon the time taken to develop an app. The more time, the more money will be charged. Check out some of the important factors below;

• Location of The company
• Integrated Features
• Tech Stack
• Time consumption for white label neo bank platform development
• Project Complications
• UI/UX design

A pre-built white label digital banking app will always cost less than creating one from scratch. With white label, you get an existing framework that can be customized with your branding and core features. If you need advanced features like AI fraud detection, crypto wallets, or international transfers, expect to pay more.

Key Factors That Influence Neobank Platform Development Cost

Here’s the thing: the final bill isn’t random. It comes down to a handful of very clear factors.

1. Location of the Development Team

Developers in the US or Western Europe charge $60–$90 per hour. In India, the same quality of work may cost $25–$50 per hour. Location alone can double or triple your budget.

2. Features and Integrations

A basic neobank app might only handle deposits, transfers, and account management. But today’s customers expect more—crypto payments, bill pay, real-time spending insights. Every extra feature takes more time and skill to build.

3. Tech Stack

Your app isn’t just code; it’s frameworks, APIs, databases, cloud services, and security layers. If you’re adding advanced tools like artificial intelligence or blockchain, the cost will rise.

4. Size of the Development Company

A large development firm with 250+ employees comes with higher overhead, so they charge more. Startups or mid-sized companies are often more affordable but may take longer to deliver.

5. UI/UX Design

Your app’s design makes or breaks user adoption. A simple interface costs less. An advanced, interactive design with animations, dashboards, and high-end visuals can easily add $20,000 or more to the project.

6. Customization Level

With a white label product, customization is limited to colors, branding, and some feature tweaks. If you want a truly unique product, you’ll need more development hours, which drives up cost.

Neobank App Development Cost Breakdown (Step by Step)

Development Process

The neobank development cost is majorly dependent on the development process. Numerous phases are involved in the full software life cycle, which consumes enormous time and even takes massive manpower. The process starts with ideation, research, and analysis and then leads to development and launch. So, the deciding factor here is the “time” taken to complete every phase.

This is just the price range; the actual cost will be decided based on the app requirements.

Company Size

The size of the development firm also plays a pivotal role in the neobank app development cost.

Geographical Location

The geographical location of the development firm also plays a key element while deciding on the neobank development cost. There are certain destinations where the IT industry and software development is extremely popular. So, in those possible areas, the developer charges are higher than in regions where technological advancement is not in demand. Here, we have mentioned certain regions with their hourly rates.

Technological Stacks

An intuitive neobank platform/app comprises several technical elements such as programming languages, frameworks, operating systems, databases, user interface, front-end and back-end tools, technologies, servers, API integration, etc.

Customization

We have a white label solution for the neobank app open to customization. App personalization helps develop an app that meets the client's requirements. The appearance and the app functionalities can be modified to a certain extent. The customization process is performed to amplify the user experience. In case of the addition or removal of features, the prices will increase or decrease drastically. A few of the features are illustrated below!

• Security
• Signup/Login
• Currency Options
• Geolocation Access
• Credit Score
• Real-Time Tracking
• Intuitive Dashboard
• Transaction Management
• Push Notifications
• Cryptocurrencies and card management
• Bill pay

Type of Developers

The neobank app development cost also depends upon the type of developers. These are majorly classified as the freelancers and the in-house team members. Now, the charges in both cases will be different. The freelancers follow no proper schedule, but their charging prices are higher. On the other hand, the in-house team is properly managed by a company, but here the prices charged are lower.

Level of Complexity

The complexity is directly proportional to the development cost. Specifically, regarding the white label neobank platform development cost, the setup remains simple and doesn’t require too many modifications. On the contrary, if the neobank app needs to be developed from scratch, some complications may arise, resulting in massive costs. So, it is solely dependent on what the client requires. Our white label neobank app solutions are ready to deploy and do not face any intricate level of processing.

Application Design

The design of the neobank app differs from client to client. Some are fond of basic, some like medium, and a few admire advanced design. Depending on the level of design, the cost depends;

UI/UX Design

The user experience is paramount as it is directly linked with enhanced sales. The conversion rates are significantly increased. Most importantly, it attracts new customers and retains the existing ones. The user interface has to be interactive and intuitive, with good graphics, content, buttons, sliders, etc. The customers should not face any inconvenience while navigating the application. The neobank app should be absolutely customer friendly and should develop deep engagement.

Whitelabel vs Custom Neobank Development

Here’s what this really means for you:

White Label Neobank App

• Costs less because the base app already exists
• Launches in weeks or months instead of years
• Customization is limited to branding, colors, and some features

Custom Neobank App

• Every feature is tailored to your business
• Scalability is higher for long-term growth
• Development takes longer and costs significantly more

For many entrepreneurs, starting with a white label crypto bank software makes sense. You can enter the market quickly, test your model, and then later upgrade to a fully custom app when you’re ready to scale.

Crypto-Friendly Neobank Platforms: The Next Shift

The future of digital banking isn’t just online—it’s decentralized.

More businesses are adopting crypto banking platform development to support users who want both fiat and cryptocurrency in one app. Imagine opening a single app where you can check your savings, pay bills, and also send Bitcoin instantly. That’s the appeal of a Web3 neobank banking app.

For entrepreneurs, adding crypto means opening your doors to a younger, global audience that values transparency, speed, and security.

Benefits of Investing in a Neobank App in 2025

The neobank app development provides amazing benefits to customers. Venturing into a neo banking app development business is profitable for entrepreneurs. Conventional banking faced limitations like data leakage, fraudulent activities, and security breaches, due to which neobanking came into existence. Following are a few perks that are linked with the neobank app development.

Optimized Customer Experience

Due to the adoption of advanced technologies, the neobank app allows faster loading time, promotes great responsiveness, ends lagging time, strong data protection, outstanding customer support, in-built integrations, and more. Our developed neobank platform/app is available 24*7 to the users without any hassle.

Cross-Border Payments

Businesses are aided with a fantastic opportunity to offer smooth cross-border payments. Traditional banking encompasses time-consuming methods and takes high fees. Neobanks have come to the rescue, where every single operation is automated, and cross-border transactions occur instantly and in real time.

Instant Fraud Detection

Neobank apps come with a terrific feature of fraud detection in real time. This saves the user's information from getting stolen and notifies the users whenever there are phishing attacks, or fraudulent activities occur.

Faster Service

The neobank platforms provide super fast services with 100% efficiency. This works best when customers need to send a huge amount of money to their destination instantly, just like in a few minutes.

Seamless Account Opening

There are no complications surrounding the account opening. The customer just needs to sign up and log in with their information. After that, they just need to upload their recent picture with authenticated identification proof on the platform. Here, the paper documents are replaced by digital copies.

If you’re considering neobank app development solutions, these benefits aren’t just features. They’re the foundation of why customers choose neobanks over traditional banks.

Why Choose Suffescom for Neobank App Development

Building a neobank app isn’t just about hiring coders. You need a team that understands finance, compliance, and security as much as they understand technology. That’s what makes Suffescom different. We are the leaders when it comes to crypto banking platform development and executing crypto banking solutions. Here are some of the finest reasons that make us the best in the league.

Flawless Development Process

Our developers know the nitty-gritty of every development phase and are skilled enough to implement suitable coding techniques and frameworks for a smooth development process.

Higher Customer Satisfaction

We develop platforms or applications for our clients that meet their needs and deliver them successfully within the decided time frame. This helps us develop great trust and build a strong relationship with them.

Reasonably Priced Apps

We quote the overall budget of the applications that are affordable to clients belonging to every economic bracket. But the prices may change in case of personalization regarding design and features.

Cutting-Edge Technologies

We leverage advanced technologies that are helpful in developing an ultra-modern, sleek and dynamic application. To keep up with the trends, we are experts in utilizing artificial intelligence to enhance the app's operation and working.

FAQs About Neobank App Development Cost

1. What is the average cost of building a neobank app in 2025?

Most white label neobank apps cost between $20,000 and $40,000. The price depends on factors like features, customization, and the development team’s location. Custom apps can go higher, especially if you want advanced integrations like crypto or AI.

2. How long does it take to develop a white label neobank app?

A white label solution can usually be launched within 2–3 months since the base platform is already built. A fully custom app may take 6–12 months because every feature is coded from scratch and requires multiple testing phases.

3. Is it cheaper to build or buy a white label neobank app?

Buying a white label app is cheaper upfront because the structure already exists. Building from scratch costs more but gives you complete control and flexibility. 

4. Can I integrate crypto features into my neobank platform?

Yes. With crypto neobank app development, you can add wallets, crypto payments, blockchain-based transactions, and even DeFi features. This adds to the cost but gives your platform a strong competitive edge.