Marketplace Development built for Banking companies
What is Marketplace Development?
We build two-sided marketplaces engineered to solve the chicken-and-egg liquidity problem. For Banking companies, this means navigating Basel III, PSD2 (EU) while shipping fast.
Who needs Marketplace Development for Banking?
- Core banking systems resistant to modernization
- Real-time payment processing requirements
- Open banking API integration complexity
- Marketplace liquidity stuck on one side of the platform
- Trust and verification gaps between buyers and sellers
Best Marketplace Development company
Core banking software has to modernize without ever putting customer deposits or trust at risk.
GarudLabs has spent years refining how we deliver Marketplace Development for Banking clients operating in .
Talk to our Banking Marketplace Development specialists this week
Book a free 30-minute discovery callCommon Marketplace Development mistakes we see across Banking teams in
- Core banking systems resistant to modernization
- Real-time payment processing requirements
- Open banking API integration complexity
- Fraud detection across digital channels
- Regulatory reporting across jurisdictions
How we de-risk Marketplace Development for Banking teams in
Two-sided marketplace architecture
Vendor onboarding and verification flow
Split payments and payout system
Search, filtering and recommendation engine
Trust and review system implementation
Core Technology Stack
Next.jsNode.jsPostgreSQLStripe ConnectAlgoliaRedis
Timeline, investment & compliance
Typical timeline
10-20 weeks
Typical investment
$30,000 - $190,000
Marketplace Development engagements in this combination typically need to account for:
- Basel III
- PSD2 (EU)
- Dodd-Frank (US)
- AML/KYC regulations
Proven Results
"We helped a digital bank reduce account opening time from days to under 10 minutes with a custom onboarding flow."
Read the full case studyLet's scope your Marketplace Development project — book a free call today
Get a free project cost estimateFrequently Asked Questions
Most Marketplace Development engagements take 10-20 weeks, depending on scope and how clear the requirements are upfront. We'll give you a firm timeline estimate after a short discovery call, not a generic range.
Marketplace Development projects with us typically range from $30,000 - $190,000, scaled to the complexity of your requirements. We provide a detailed, itemized estimate before any work begins so there are no surprises mid-project.
For marketplace development, we typically work with Next.js, Node.js, PostgreSQL, Stripe Connect, chosen based on your specific scalability and integration requirements. We're not tied to a single stack and will recommend the right tools for your situation rather than our default.
A typical marketplace development engagement includes two-sided marketplace architecture, along with the other deliverables outlined in our proposal, such as documentation and a post-launch support window. The exact scope is tailored to your project during discovery.
Most clients come to us for marketplace development because of marketplace liquidity stuck on one side of the platform, among other related challenges. We start every engagement by mapping your specific pain points before writing a single line of code.
We've delivered multiple banking projects addressing challenges like core banking systems resistant to modernization. We helped a digital bank reduce account opening time from days to under 10 minutes with a custom onboarding flow.
For banking clients, we pay close attention to Basel III, PSD2 (EU), building these requirements into the architecture from day one rather than retrofitting them later. We'll confirm which specific regulations apply to your business during discovery.
The most common challenges we solve for banking clients include core banking systems resistant to modernization and real-time payment processing requirements. We tailor our discovery process to surface the specific version of these problems your business faces.