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Hidden Costs of Mobile Application Development and How to Avoid Them

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When ordering mobile app development, customers often face unexpected/hidden costs. Understanding this allows you to reduce the risks when working on a project, save time and money.

The fact is that the development process itself is only part of the app lifecycle. And then there are the deployment and maintenance phases, which are also critical to success.

The cost of these two stages can end up an unpleasant surprise. Not to mention the other important aspects, for which you also have to pay.

Supporting multiple platforms

You can’t create a single application that is universal across all platforms. If you were planning a product only for the iPhone, you may end up having to develop a separate version for the iPad Pro, which will increase the cost of designing the user interface.

What if, in addition to the main version for iOS, you also need an Android version of the app? You can imagine how the initial cost of development easily increases several times.

You can save money if you use cross-platform technologies. But cross-platform development company claims this is not always possible, since some functions may require native development. Plus, there are nuances with performance and capabilities in terms of expanding the functionality.

You can always start from one, the most priority platform. But if the market analysis shows the need to expand in the future at the expense of another OS, this one should also be taken into account initially.

Integration with third-party services

In the case of corporate mobile applications, it is not enough to create the mobile application itself. It must be integrated into the corporate IT infrastructure. The task of developing a mobile application that would allow you to work with a corporate CRM or ERP system is quite common.

It’s quite another thing when you already have an application, but the ability to integrate it with something (website, CRM, accounting, etc.) – was not originally provided. And now there is a need for it. As a rule, in this case, you have to modify the application, which can be very time-consuming and expensive.

An application is often just one element of a much more complex system.

If we talk about applications that are not enterprise-level, but products aimed at a wide audience, the range of services that are connected via the API can be quite wide. This includes integration with social networks, the functionality of push notifications and SMS messages, receiving data from any third-party services, etc.

Some services may be completely free, and connecting to others may require paying for a monthly subscription. The cost of all this should be calculated in advance and included in the overall budget.

Infrastructure components

If you are creating an application that receives certain information from the user or gives it to him, this data must be stored somewhere. And if the data volumes are large, you need to take care of the synchronization issue in advance and estimate the volume of requests for storing and processing information.

Even before you start developing a mobile app, you need to prepare a technical specification for the client-server interaction. You will need to lay down the correct architecture on the server, specify in which tables to store data, the structure of queries, which data is used more often than others.

If you postpone the issue of synchronization for the future and do not make a competent client-server architecture, debugging the application can take a long time and seriously postpone the planned release. Ignoring these points can cause quite large and unforeseen expenses.

The need to partially change, update and even completely rebuild the infrastructure is a common problem customers face. And if you add here another option for backup and data protection, which also need to be taken care of – the final check will continue to increase.

Testing costs

Testing is one of the key components of the software development lifecycle and should be budgeted for from the start. Improving the quality of the final product ultimately ensures a sufficient return on investment.

Many customers often underestimate the importance of testing. They do not realize that, depending on the project, it can take a lot of time. Even if you develop a native application for only one operating system, you will need to test how it looks and works on different types of devices.

If you want to make a version for two operating systems at once, it will cost even more. And you need to accept the fact that the best user experience will only be possible on a limited number of the most popular devices. For the rest, you’ll have to settle for just a good UX, without striving for perfection.

Marketing costs

You need to understand how you will attract users and how much it will cost. And you should decide on this before the launch. It is naive to expect that your product will start to attract attention and will be popular on its own.

The most important way to attract organic traffic from the app store is ASO-optimization. It includes working with the text description, name, and visual design elements. It is based on a set of keywords that your application can search for the target audience.

But depending on the type of project and target market, you may also need to invest heavily in paid promotion channels:

  • targeted social media advertising;
  • Google AdWords advertising in the Google search engine;
  • creation of content for third-party resources (guest publications);
  • payment for reviews on thematic sites;
  • placement in email newsletters, advertising in messenger channels, etc.

There are more than enough options for promoting applications. But they all require money not only for the placement on the advertising platform itself or clicks but also for paying for the work of authors who create content for third-party resources, as well as those who publish it all.

For example, you can create a YouTube channel to promote your app. But it is unlikely that you will have enough time and skills to create a full-fledged series of videos with a product demonstration. Accordingly, it is better to outsource such work.

Service cost

Work on the mobile app does not end after its release. The more complex the project, the more maintenance costs will be required, including updating versions, fixing bugs, implementing new or refining existing functionality, fixing security issues, and so on.

Some large-scale operating system updates may also require changes to the application to ensure a high level of compatibility. This is true for both Android and iOS.

It is necessary to monitor the smooth operation of the servers and respond to possible problems to ensure that end-users can interact with the product without problems.

Thus, the cost of maintenance can turn into a really expensive part of the project, which is nevertheless necessary for its normal functioning.

Bottom line

It is impossible to foresee all the nuances of development at the start. But, most of the unexpected expenses are quite typical and belong to one of the categories listed in this article. This is important to understand because without solving these problems, it is impossible to create a good product.

This is not the whole list of possible hidden costs that you may encounter during the application development process. But these points can be called the main ones. By taking them into account at the start, you can avoid many problems in the future. This will increase the probability of the successful completion of the project.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Business

High Volume, High Value: The Business Logic Behind Black Banx’s Growth

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In fintech, success no longer hinges on legacy prestige or brick-and-mortar branches—it’s about speed, scale, and precision. Black Banx, under the leadership of founder and CEO Michael Gastauer, has exemplified this model, turning its high-volume approach into high-value results. 

The company’s Q1 2025 performance tells the story: $1.6 billion in pre-tax profit, $4.3 billion in revenue, and 9 million new customers added, bringing its total customer base to 78 million across 180+ countries.

But behind the numbers lies a carefully calibrated business model built for exponential growth. Here’s how Black Banx’s strategy of scale is redefining what profitable banking looks like in the digital age.

Scaling at Speed: Why Volume Matters

Unlike traditional banks, which often focus on deepening relationships with a limited set of customers, Black Banx thrives on breadth and transactional frequency. Its digital infrastructure supports onboarding millions of users instantly, with zero physical presence required. Customers can open accounts within minutes and transact across 28 fiat currencies and 2 cryptocurrencies (Bitcoin and Ethereum) from anywhere in the world.

Each customer interaction—whether it’s a cross-border transfer, crypto exchange, or FX transaction—feeds directly into Black Banx’s revenue engine. At scale, these micro-interactions yield macro results.

Real-Time, Global Payments at the Core

One of Black Banx’s most powerful value propositions is real-time cross-border payments. By enabling instant fund transfers across currencies and countries, the platform removes the frictions associated with SWIFT-based systems and legacy banking networks.

This service, used by individuals and businesses alike, generates:

  • Volume-based revenue from transaction fees
  • Exchange spreads on currency conversion
  • Premium service income from business clients managing international payroll or vendor payments

With operations in underserved regions like Africa, South Asia, and Latin America, Black Banx is not only increasing volume—it’s tapping into fast-growing financial ecosystems overlooked by legacy banks.

The Flywheel Effect of Crypto Integration

Crypto capabilities have added another dimension to the company’s high-volume model. As of Q1 2025, 20% of all Black Banx transactions involved cryptocurrency, including:

  • Crypto-to-fiat and fiat-to-crypto exchanges
  • Crypto deposits and withdrawals
  • Payments using Bitcoin or Ethereum

The crypto integration attracts both retail users and blockchain-native businesses, enabling them to:

  • Access traditional banking rails
  • Convert assets seamlessly
  • Operate with lower transaction fees than those found in standard financial systems

By being one of the few regulated platforms offering full banking and crypto support, Black Banx is monetizing the convergence of two financial worlds.

Optimized for Operational Efficiency

High volume is only profitable when costs are contained—and Black Banx has engineered its operations to be lean from day one. With a cost-to-income ratio of just 63% in Q1 2025, it operates significantly more efficiently than most global banks.

Key enablers of this cost efficiency include:

  • AI-driven compliance and customer support
  • Cloud-native architecture
  • Automated onboarding and KYC processes
  • Digital-only servicing without expensive physical infrastructure

The outcome is a platform that not only scales, but does so without sacrificing margin—each new customer contributes to profit rather than diluting it.

Business Clients: The Value Multiplier

While Black Banx’s massive customer base is largely consumer-driven, its business clients are high-value accelerators. From SMEs and startups to crypto firms and global freelancers, businesses use Black Banx for:

  • International transactions
  • Multi-currency payroll
  • Crypto-fiat settlements
  • Supplier payments and invoicing

These clients tend to:

  • Transact more frequently
  • Use a broader range of services
  • Generate significantly higher revenue per user

Moreover, Black Banx’s API integrations and tailored enterprise solutions lock in these clients for the long term, reinforcing predictable and scalable growth.

Monetizing the Ecosystem, Not Just the Account

The genius of Black Banx’s model is that it monetizes not just accounts, but entire customer journeys. A user might:

  • Onboard in minutes
  • Deposit funds from a crypto wallet
  • Exchange currencies
  • Pay an overseas vendor
  • Withdraw to a local bank account

Each of these actions touches a different monetization lever—FX spread, transaction fee, crypto conversion, or premium service charge. With 78 million customers doing variations of this at global scale, the cumulative financial impact becomes immense.

Strategic Expansion, Not Blind Growth

Unlike many fintechs that chase customer acquisition without a clear monetization path, Black Banx aligns its growth with strategic market opportunities. Its expansion into underbanked and high-demand markets ensures that:

  • Customer acquisition costs stay low
  • Services meet genuine needs (e.g., cross-border income, crypto access)
  • Revenue per user grows over time

It’s not just about acquiring more customers—it’s about acquiring the right customers, in the right markets, with the right needs.

The Future Belongs to Scalable Banking

Black Banx’s ability to transform high-volume engagement into high-value profitability is more than just a fintech success—it’s a signal of what the future of banking looks like. In a world where agility, efficiency, and inclusion define competitive advantage, Black Banx has created a blueprint for digital banking dominance.

With $1.6 billion in quarterly profit, nearly 80 million users, and services that span the globe and the blockchain, the company is no longer just scaling—it’s compounding. Each new user, each transaction, and each feature builds upon the last.

This is not the story of a bank growing.

This is the story of a bank accelerating.

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