8 Financial Service App Success Stories [2024]
Here are some real life success stories of starting a financial service app:
1. ProjectionHub ($516K/year)
Adam Hoeksema, Co-Founder and CEO of ProjectionHub, came up with the idea for his business while working as the Director of a small business microloan program. He realized the need for a TurboTax-like tool for creating financial projections and enlisted his 17-year-old brother, a software developer, to build a web app. Today, ProjectionHub generates over $20,000 per month in revenue and offers a library of 50+ financial projection spreadsheet templates used by startups in various industries.
How much they make: $516K/year
How much did it cost to start: $150K
Current team size: 4
ProjectionHub helps entrepreneurs create financial projections using a library of 50+ CPA-developed financial projection spreadsheet templates, generating over $20,000 per month in revenue without the need for software subscription models.
2. Fuelfinance ($450K/year)
How much they make: $450K/year
How much did it cost to start: $399
Current team size: 20
Fuelfinance generates $450K per year by providing powerful dashboards and practical financial services for startup founders to make their financial operations more efficient.
So... can you actually make money with a financial service app?
Of course. There are millions to be made in this industry.
But how?
- Research real, profitable businesses and see exactly how much money they make.
- Study exactly what works, and what doesn’t.
- Take action, because now you have the roadmap.
Join Starter Story and build your next big thing:
3. LendingPoint ($37.7M/year)
How much they make: $37.7M/year
Current team size: 258
Fintech platform LendingPoint incorporates AI technology to offer financing origination solutions, with $900m in new loans and a $100m credit facility managed by Ares Management, while in May 2022 it announced a new partnership with Midland States Bank.
4. Productfy ($2M/year)
How much they make: $2M/year
Current team size: 35
Productfy is a platform for creating financial applications that any business can use to launch financial products cost-effectively.
So... can you actually make money with a financial service app?
Of course. There are millions to be made in this industry.
But how?
- Research real, profitable businesses and see exactly how much money they make.
- Study exactly what works, and what doesn’t.
- Take action, because now you have the roadmap.
Join Starter Story and build your next big thing:
5. Digits ($20.4M/year)
How much they make: $20.4M/year
Current team size: 59
Digits is the fintech company that aims to revolutionize small business finance management with an AI-generated dashboard that offers interactive financial reports, quick answers, error detection, and practical suggestions.
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
