Why FinTech Startups Use Ruby on Rails for Backend development

The Fintech industry emerged from the automation and digitization of financial services. Because of its ease of development and dynamic design, RoR development has become a primary technology. The FinTech industry is going against certain strong competition.

It is critical to choose the appropriate technology stack. And Ruby on Rails is most is well-liked for its readability, scalability, and flexibility.

Benefits of Using Ruby on Rails (RoR) for Your FinTech Startup

• Cost-effective: Developing applications with Ruby on Rails is not only time-efficient but also cost-effective. It is a free and open-source network which means you do need to pay.
• Secure: There are several security features included in the framework. You can take advantage of a number of security features if you build your app with RoR.
• Consistency: Developers adhere to standardized file storage and programming conventions to ensure that a project is well-structured and readable. It saves a lot of time as well.
• Bug-Free Development: The benefit of RoR is that it includes the Mintiest tool. This comprehensive test suite includes mocking, test bench-marking, and expectation syntax, among other features.

You can also read: Ruby On Rails: Why worth Investing in 2021?

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