Thoughts on building a fintech stock trading app
So You Want to Build a Stock Trading App like Robinhood?
A mental model for entrepreneurs on how to approach FinTech products from the technical point of view.
Outline
- Motivation — why I decided to write about building a FinTech product.
- Market’s overview — existing companies and how different they are from each other.
- Existing APIs — overview of the top API vendors.
- Stock Exchange Data — how and where to get data to show to your users.
- Real-time vs On-demand — on how it impacts your tech architecture and business model.
- Business model — how to make money with your FinTech product.
- Deposits and payouts — regulations and insurance aspects for the checking and saving accounts.
- Desktop vs Mobile — my opinion on how it should be done.
- Crypto — very short list of crypto vendors
- International and domestic markets — overview of foreign markets
- Where to go from here — summary of the FinTech mindset and API first businesses.
- Next steps
