What is React Native?
Facebook launched React Native in 2005, and soon, it became one of the topmost frameworks for mobile app development. React is a front-end JavaScript library which itself is an explanation for its many benefits.
Considering the diversity of devices and operating systems, developing applications is a complex task. That’s where React Native comes to the rescue. It eliminates the need for writing separate codes for iOS and Android apps. Developing applications using this framework saves time and resources on a large scale.
Since fintech applications tend to be a little more complex than others, seeking React Native development services would be a great decision. Apart from its single-code base, there’s a lot more React Native has to offer.
Why Choose React Native for Fintech App Development
Let’s take a closer look at the features and benefits of React Native mobile app development for fintech apps.
1. Facilitates Cross-Platform App Development
Cross-platform compatibility is a must for all kinds of applications today. Considering the growing popularity of fintech applications, they should be used on various devices. Let’s be real, developing apps for different platforms is a complicated affair.
React Native’s components and resources help in bridging the dissimilarities between platforms and design interfaces. Since cross-platform development has a combined code base, everything becomes easier and requires less effort, time, and resources. It also ensures a consistent app identity on all platforms.
2. One-Time Coding
When building native apps, developers need to write separate codes for both iOS and Android. But when you choose to hire a React Native mobile app development company, it makes a lot of difference. This framework eliminates the need for separate coding for iOS and Android. It’s easier to manage and requires less time and resources as everything can be handled in the same place.
| 90-99% of correctly written code can be shared among iOS and Android. |
Since the maximum smartphone market is covered by iOS and Android devices, building a fintech app for these platforms should be your priority. In that case, a framework like this one is a good place to start.
3. Faster and Affordable App Development
As said earlier, React Native requires fewer resources and time for writing codes. Thus, it is a faster and more economical tool for developing reliable fintech applications. React Native is comparatively easier to use. Also, it comes along with various ready-to-use components that significantly speed up the development process.
