Get the most out of your app with our custom loan software development services. Create business-oriented solutions that meet users’ needs and expectations.

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Our Services

Lending Software Development Services We Provide

Whatever your Lending Software Development needs are, Devox can provide a technical solution. See our capacities below.

  • Loan Origination

    We can assist you in developing loan origination software that is used to create a new loan agreement between a lender and a borrower. Loan origination software development helps automate and streamline the loan origination process, customizing it to meet the specific needs of different lenders and borrowers, depending on various factors such as the type of loan, the lending criteria, and the regulatory requirements.

    • Application Processing
    • Credit Assessment
    • Underwriting
    • Document Preparation
    • Funding
  • Loan Servicing

    Loan servicing through software means using platforms or software solutions to manage the ongoing administration of loans after they have been originated. Our development team creates loan servicing software that automates a lot of tasks such as billing and collections, payment processing, customer service, and regulatory compliance.

    • Payment Processing
    • Escrow Management
    • Customer Service
    • Reporting
    • Compliance Management
  • Collections Management

    We focus on lending software development since it requires integrating various features that help collect and manage customers’ information. This also includes automated payment reminders, delinquency tracking, and collections workflows. As a result, lenders can get data and analytics to help them manage their lending operations more effectively.

    • Cataloging
    • Database Management
    • Image Management
    • Loan Tracking
    • Reporting
  • Credit Scoring Software

    Our team is experienced in credit scoring software development. It requires expertise in machine learning, data analysis, software development, and financial risk management. This software solution gathers information from various sources, such as credit bureaus, banks, and other financial institutions.

    • Data collection
    • Machine learning models
    • Data transformation
    • Information analyzing
    • Creditworthiness prediction
  • Fraud Detection

    At Devox Software, we can assist it in developing tools to identify and prevent fraudulent activities. There are a lot of forms of fraud, including financial fraud, identity theft, insurance fraud, and cybercrime. Ongoing monitoring helps ensure the system is effective in identifying and preventing fraudulent activities.

    • Data preprocessing
    • Machine learning models
    • Information analysis
    • Fraudulent activity prediction
    • Risk management
  • Portfolio Management

    Our development team is skilled in creating software solutions that allow lenders to manage their loan portfolios. During loan software development, it’s necessary to integrate various features to streamline lending operations and improve portfolio management capabilities, minimizing risks and making better-informed decisions.

    • Loan origination
    • Portfolio collection
    • Payment management
    • Risk assessment
    • Performance tracking
  • Interest Rate Calculation

    We can assist in making an interest rate calculation software solution that allows lenders to calculate their interest on loans. It provides an opportunity to improve lending operations and increase accuracy.

    • Amortization
    • Interest calculation
    • Payment tracking
    • Reporting
    • Data analyzing
Our Process

Our Lending Software Development Process

Apart from classic SDLC, we pay close attention to every detail surrounding Lending Software Development application. Take a detailed look.


01. Validate

  • Clearing out the project ideas
  • Defining project requirements
  • Complying with industry regulations
  • Getting the rough estimate

02. Plan

  • Conducting a risk assessment
  • Figuring out the development time
  • Setting deadlines
  • Getting the detailed estimate

03. Design

  • Analyzing the competitors’ solutions
  • Creating the visual concept
  • Preparing the brand book
  • Creating the design app screens

04. Develop and Test

  • Building an app architecture
  • Integrating required features
  • Finding and fixing bugs
  • Ensuring the app meets requirements

05. Assess Security

  • Checking app compliance
  • Testing multi-factor authentication
  • Undergoing penetration testing
  • Examining data protection

06. Deploy and Maintain

  • Publishing the app
  • Delivering software
  • Supporting the product
  • Improving software
  • 01. Validate

  • 02. Plan

  • 03. Design

  • 04. Develop and Test

  • 05. Assess Security

  • 06. Deploy and Maintain

Our Technologies

Technologies for Lending Software Development

Using only the most relevant tech stack, we deliver what’s needed for Lending Software Development industry.

  • Back End

    • NestJS
    • Flask
    • Django
    • Express.js
    • .NET
    • PHP
    • Ruby
    • Java Spring
    • Python
    • Node.js
  • Front End

    • Next.js
    • Svelte
    • Vue.js
    • Angular
    • React.js
    • PWA
    • TypeScript
    • JavaScript 
    • HTML/CSS
  • DevOps & Cloud

    • Datadog
    • Grafana
    • Kubernetes
    • Podman
    • Docker
    • Google Cloud
    • Azure
    • AWS
    • Terraform
    • GitLab CI/CD
  • Database Development

    • MariaDB
    • Redis
    • Cassandra
    • MongoDB
    • Oracle DB
    • SQL Server
    • PostgreSQL
    • Elasticsearch
    • MySQL
  • Web 3

    • EVM
    • Arbitrum
    • NOWNodes
    • Web3.js
    • Hardhat
    • Ethers.js
    • OpenZeppelin
    • Chainlink
    • Truffle
    • Moralis
  • Artificial Intelligence

    • DL4J
    • Chainer
    • OpenCV
    • CNTK
    • Caffe
    • Theano

Why Security is Crucial for Robust Lending Software Development

Loan software development requires following security standards and protocols since it is crucial to protect sensitive financial and personal information for a lending app.

  • Integrate strong encryption

    All data stored and transmitted by the app should be encrypted using the latest encryption methods to prevent unauthorized access.

  • Implement multi-factor authentication

    Multi-factor authentication allows ensuring that only authorized users can access the app.

  • Payment data encryption

    Protect your business information from being stolen with payment data encryption. Use different tools to achieve the highest results.

  • Ensure server security

    Protect the servers that you use to store and process data are secure and protected with firewalls and intrusion detection systems.

  • Limit access to data

    Consider data access rules and regulations. Implement different information access levels and show sensitive data to only those who need it.

  • Customer data retention and deletion policies

    Customers’ data will be deleted once the retention time frame is achieved.

Custom Features

Custom Features to Add to Your Lending Software Development


Loan application

Allow users to apply for a loan by providing basic personal and financial information. Create a short form with an opportunity to add documents and bank statements.


Credit scoring

Evaluate the user's creditworthiness by checking their credit score and analyzing their financial history. Look through the reports and make sure the customer is able to pay the loan.


Loan calculator

Help users estimate the amount of money they can borrow and the interest rate they will pay. Show customers the possible amount of money they can get without additional approvals.


Loan repayment schedule

Provide a schedule of payments, including the amount and due date for each payment. Send automatic reminders to the users when it’s time to pay for the loan – monthly or weekly.


Payment option

Offer users various payment options such as bank transfers, credit card payments, and eWallets. Set up automatic payments each month from the chosen payment option.


Loan management

Help users manage their loans, including tracking payments. Loan management software development also allows for updating personal information and requesting changes to loan terms.


Loan tracking

Provide users an opportunity to track their loan application status and receive updates on the progress of their application. Send automatic emails with successful payments and loan schedules.


Referral program

Offer customers to refer friends and family to the lending app and earn rewards for successful referrals. Add the ‘Share’ button, so customers can send a link to your app in a few clicks.


Industry Regulations to Follow

Being a lending software development company, we consider all the necessary regulations, standards, and protocols to ensure the security and quality of the software solutions we build.

[Lending legislation standards]

  • Disclosure requirements

  • Interest rate caps

  • Consumer protection

  • Credit reporting

  • Fair lending practices

  • Collection practices

[ Security standards]


  • GDPR

  • PA-DSS

  • ePrivacy

[Industry methods and workflows]

  • Central Limit Order Book (CLOB)

  • IOI/RFQ/Quote (Negotiation)

  • EMV

[Digital signature regulations]

  • SES

  • QES

  • AES

  • eIDAS

  • SEPA

  • PAdES


  • NIST

[Financial legislation]

  • AMLD

  • MiFID II

  • PSD2

  • MiFIR


Case Studies

Our Latest Works

View All Case Studies
Social Media Screening Platform Social Media Screening Platform
  • Backend
  • Frontend
  • Cloud Services
  • DevOps & Infrastructure

Social Media Screening Platform

The project is a web-based AI-powered platform for comprehensive social media background screening. Its supertask is to streamline potential employee background checks for companies, tackling employment risk management.

Additional Info

Core Tech:
  • .NET Core
  • Angular
  • Azure
  • Docker
  • GitLab CI/CD
  • Selenium Web Driver


Juriba Juriba
  • Backend
  • Frontend
  • Cloud
  • DevOps & Infrastructure

Enterprise Digital Workplace Management Platform

Juriba is a broad system providing end-to-end automation and smart workflows required to manage large IT projects. With advanced features like seamless integration with existing tools, smart automation and data-driven dashboards and reports, it’s specifically tailored to digital solutions production.

Additional Info

Core Tech:
  • .NET 6
  • MS SQL
  • Redis
  • Angular
  • NgRx
  • RxJS
  • Kubernetes
  • Elasticsearch

United Kingdom United Kingdom

Web 3 White-label PaaS NeoBank Web 3 White-label PaaS NeoBank
  • Web3
  • Fintech

Web 3 White-label PaaS NeoBank

Our client is a blockchain technology firm that has a network of international financial service provider partners. The project is a white-label PaaS ecosystem for neo banking solutions based on the blockchain network.

Additional Info



and over 200 our featured partners and clients

Awards & Certifications

Industry Contribution Awards & Certifications

Check Devox Software Awards on rating & review platforms among top software development companies and Certifications our team members holds.

  • Awards
  • Certifications
  • UpWork


  • Clutch


  • The Manifest

    The Manifest

  • DesignRush



  • Clutch


  • Clutch


  • AppFutura


  • Clutch


  • GoodFirms


  • DesignRush


  • UpWork


  • Professional Scrum Master™ II (PSM II)

    Professional Scrum Master™ II (PSM II)

  • Professional Scrum Product Owner™ I (PSPO I)

    Professional Scrum Product Owner™ I (PSPO I)

  • ITIL v.3 Foundation Certificate in IT Service Management

    ITIL v.3 Foundation Certificate in IT Service Management

  • ITSMS Auditor/Lead Auditor of ISO Standard 20000

    ITSMS Auditor/Lead Auditor of ISO Standard 20000

  • Microsoft Certified: DevOps Engineer Expert

    Microsoft Certified: DevOps Engineer Expert

  • Microsoft Certified: Azure Administrator Associate

    Microsoft Certified: Azure Administrator Associate

  • Quality Assurance ISTQB Foundation Level

    Quality Assurance ISTQB Foundation Level

  • Microsoft Certified Solution Develop (MCSD)

    Microsoft Certified Solution Develop (MCSD)

  • Java Development Certified Professional

    Java Development Certified Professional

  • JavaScript Developer Certificate – W3Schools

    JavaScript Developer Certificate – W3Schools

  • Certified Artificial Intelligence Scientist (CAIS)

    Certified Artificial Intelligence Scientist (CAIS)

  • Oracle Database SQL Certified Associate

    Oracle Database SQL Certified Associate




The solutions they’re providing is helping our business run more smoothly. We’ve been able to make quick developments with them, meeting our product vision within the timeline we set up. Listen to them because they can give strong advice about how to build good products.

Carl-Fredrik Linné
Tech Lead at CURE Media
Darrin Lipscomb
United States

We are a software startup and using Devox allowed us to get an MVP to market faster and less cost than trying to build and fund an R&D team initially. Communication was excellent with Devox. This is a top notch firm.

Darrin Lipscomb
CEO, Founder at Ferretly
Daniel Bertuccio

Their level of understanding, detail, and work ethic was great. We had 2 designers, 2 developers, PM and QA specialist. I am extremely satisfied with the end deliverables. Devox Software was always on time during the process.

Daniel Bertuccio
Marketing Manager at Eurolinx

We get great satisfaction working with them. They help us produce a product we’re happy with as co-founders. The feedback we got from customers was really great, too. Customers get what we do and we feel like we’re really reaching our target market.

Trent Allan
CTO, Co-founder at Active Place
United Kingdom

I’m blown up with the level of professionalism that’s been shown, as well as the welcoming nature and the social aspects. Devox Software is really on the ball technically.

Andy Morrey
Managing Director at Magma Trading
Vadim Ivanenko

Great job! We met the deadlines and brought happiness to our customers. Communication was perfect. Quick response. No problems with anything during the project. Their experienced team and perfect communication offer the best mix of quality and rates.

Vadim Ivanenko
United States

The project continues to be a success. As an early-stage company, we're continuously iterating to find product success. Devox has been quick and effective at iterating alongside us. I'm happy with the team, their responsiveness, and their output.

Jason Leffakis
Founder, CEO at Function4

We hired the Devox team for a complicated (unusual interaction) UX/UI assignment. The team managed the project well both for initial time estimates and also weekly follow-ups throughout delivery. Overall, efficient work with a nice professional team.

John Boman
Product Manager at Lexplore
Tomas Pataky

Their intuition about the product and their willingness to try new approaches and show them to our team as alternatives to our set course were impressive. The Devox team makes it incredibly easy to work with, and their ability to manage our team and set expectations was outstanding.

Tamas Pataky
Head of Product at Stromcore
Stan Sadokov

Devox is a team of exepctional talent and responsible executives. All of the talent we outstaffed from the company were experts in their fields and delivered quality work. They also take full ownership to what they deliver to you. If you work with Devox you will get actual results and you can rest assured that the result will procude value.

Stan Sadokov
Product Lead at Multilogin
United Kingdom

The work that the team has done on our project has been nothing short of incredible – it has surpassed all expectations I had and really is something I could only have dreamt of finding. Team is hard working, dedicated, personable and passionate. I have worked with people literally all over the world both in business and as freelancer, and people from Devox Software are 1 in a million.

Mark Lamb
Technical Director at M3 Network Limited

Questions You May Have

  • What are the features of lending software?

    Loan software development includes a lot of features. Below we’ve listed the most popular:

    • Loan application
    • Credit scoring
    • Loan calculator
    • Loan repayment schedule
    • Payment option
    • Loan management
    • Loan tracking
    • Referral program
  • What are the features of a loan management system?

    Loan management helps users manage their loans, including tracking payments. Loan management software development also allows for updating personal information and requesting changes to loan terms.

  • What are the 4 steps in the loan application process?

    The process can vary, depending on the financial institution’s requirements. However, there are a few similar steps to create a new loan agreement between a lender and a borrower. Loan origination software development helps automate and streamline the loan origination process, customizing it to meet the specific needs of different lenders and borrowers, depending on various factors such as the type of loan, the lending criteria, and the regulatory requirements.

    • Application Processing
    • Credit Assessment
    • Underwriting
    • Document Preparation
    • Funding
  • How much does lending software development cost?

    Lending software development cost depends on various factors – mostly on the app’s requirements and the development team’s location. Lending software developers need time to create each feature and add each integration. Additionally, you should also consider design and testing.

  • How long does it take to build lending software?

    The lending software development time depends on the features and app complexity. It’s better to share your idea with an experienced development team to get a rough estimate of the time required to build your tax software solution.

  • Which tech stack can you offer for my lending app?

    We follow a single-page application approach and RESTful services. Our key technologies are AngularReact, and Vue.js for front-end development; .NETNode.js, and Java are used for back-end solutions. But each business is unique and if you need any custom solution, we’d be glad to discuss it with you.

  • Is the lending software scalable to accommodate business growth?

    As a lending app software development company, we gear our production to be scalable from the very beginning. The software is capable of handling an increasing number of loans, users, and transactions without compromising on performance or security. The software architecture employs cloud-based solutions and modern database management systems that ensure high availability and scalability. This means as your customer base grows and your loan portfolio expands, the software can effortlessly scale up to meet the increased demand. We also continuously monitor system performance and conduct regular optimizations to ensure the software not only meets but anticipates your growing business needs.

  • How does the software handle loan repayment and collection?

    The software features an advanced loan repayment and collection module. It automates the calculation of monthly installments, interest accruals, and penalty fees for late payments. The system can be configured to issue automated reminders via email or SMS prior to due dates, enhancing the timeliness of repayments. For collections, the software offers a comprehensive dashboard that displays real-time data on payment statuses, delinquency rates, and collection efforts. It also supports various payment gateways and methods, making it convenient for borrowers to make payments. In addition, the software can integrate with third-party collection agencies, providing them with necessary data while maintaining borrower privacy and compliance standards.

  • How does lending software ensure compliance with financial regulations?

    Our lending software development is conducted in a way to adhere to the stringent standards set by financial regulatory bodies. The software by Devox integrates features that ensure compliance with both local and international regulations, such as GDPR for data protection, the Dodd-Frank Act in the U.S., and other relevant anti-money laundering (AML) and Know Your Customer (KYC) directives. The software is regularly updated to reflect the latest legal changes. We also offer the option to customize compliance features based on the specific requirements of different geographical locations, ensuring that lenders operate within the legal framework of their respective regions.

  • Do you offer the post-launch maintenance of a lending software?

    Yes, we offer comprehensive post-launch maintenance services for our lending software. Our commitment extends beyond the initial deployment, ensuring that your software remains efficient, secure, and up-to-date. Our maintenance package includes:

    • Regular Software Updates: To keep your software current with the latest features, security enhancements, and regulatory compliance updates.
    • Dedicated Technical Support: Our experienced support team is available to assist with any technical queries or issues, ensuring minimal downtime and smooth operations.
    • Performance Monitoring: We continuously monitor your software’s performance to identify and rectify any potential issues, ensuring optimal functionality.
    • Data Backup and Recovery: Regular data backups and a robust disaster recovery strategy are in place to safeguard your critical financial data.
    • User Training and Resources: As the software evolves, we provide updated training and resources to help your team leverage new features and capabilities.
    • Compliance and Security Audits: We conduct regular audits to ensure that your software adheres to the latest financial regulations and maintains high security standards.
    • Scalability Support: Our software is designed to grow with your business, and we provide the necessary support to scale up your operations seamlessly as needed.
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