Hi Community! Trust everyone is keeping safe. I am exploring the idea of building a #Neobank (App) with end-to-end banking capabilities. In the process of exploring this space, I have come across multiple Apps (N26, Revolut, Monese, etc) and explored their stacks in detail. The confusion remains to be the Backend Tech to be used?
What would you go with considering all of the languages such as Node.js Java Rails Python are suggested by some person or the other. As a general trend, I have noticed the usage of Node with React on the front or Node with a combination of Kotlin and Swift. Please suggest what would be the right approach!
Since it's a banking app, I'd advice you go with Python for the backend because of the data analysis you'd be doing in your app. I see you doing some data analysis since it's a banking app. Python is a powerful language for data analysis. And for web, yes I'd advice Node with React, and for mobile, Node with a combination of Kotlin and Swift. Don't even try going hybrid for this kind of application. It's best going native.
Data analysis is on database side, could you imagine situation of loading hundreds of thousand rows and compute them? Backend will use all memory and will go down
Yes, this makes a lot of sense. I do get a sense Flutter allows for easy management of such an application. But yes, Native does make a lot more sense.
Use the language which works well for the developers you have or have available. If you're starting, building a first iteration is far more important than worrying about what language might be best to solve a problem you may never have.
When hiring, look for developers, not "node developers" or "java developers" having people who recognise and are willing to adapt means you can have the flexibility you will need to solve as-yet unforeseen issues. Hire people who are wed to a specific language and you will be bound to that language, regardless of whether it's most appropriate or not.
Hey! Thanks for the response. I do agree with this line of thought, currently I do have an established team of Folks who are pretty good at NodeJS and related stacks (MEAN, MERN, Meteor etc.) along with expertise in Flutter, Native Apps along with AWS as well. I think this would constitute the core App and then integrations all across can take place. Would you have any reading material on the Serverless front in relation to Neobanks / Digital Banking platforms? Thank you.