FinTech companies have shown their presence with great triumph in the modern business community.Ruby on Rails is open source software built on a programming language called Ruby that users can utilize for free. ROR is known to resolve challenges associated with FinTech Startup Projects smoothly. To know more visit at https://www.rorbits.com/why-popular-fintech-startups-use-ruby-on-rails-for-backend/

1. Why Popular Fintech Startups
Use Ruby On Rails For Backend?

2. FinTech companies have shown their presence with great triumph in
the modern business community. Besides, implementation of the
FinTech software solution is helping in simplifying the process of
money management through automation.
But in the given context, the main focus will be on programming
languages that help create appropriate platforms. Out of numerous
languages ranging from Java, PHP, Rails, and Python, Ruby on Rails
consulting (ROR) has proven its caliber to become a leading-edge
framework for robust FinTech app development. Ruby on Rails is
open source software built on a programming language called Ruby
that users can utilize for free.

3. Protection & Security from
Online Fraud
Numerous online attacks (SQL injection, cross-site
scripting, command injection, etc.) pose severe
threats to web app security. So, FinTech app
development companies must prioritize ensuring
greater security from fraudulent attacks.
Nevertheless, the ROR framework has built-in
security features that get into action by default.
Finally, the developer community offers updates for
the ROR plugins, which creates a safer environment
for the given platform.

4. The identity of ROR is firmly aligning with that of the
startups. It is evident that most startups face time
constraints and thus cannot deliver web apps and devices
on time. However, ROR comes with ready-made plugins
that permit the developers to build an application without
rewriting the code.
Besides, ROR teams build applications at 30-40% faster
than other frameworks. In addition, ROR performs on an
MVC design pattern that initiates swift development of
the app project.
ROR Development is faster than
Other frameworks

5. Briefly elaborate on what you want to discuss.
ROR is Always about Quality
Most startups want zero bugs and high quality for their
projects. To improve quality, ROR has a Minitest tool
that lets you test for minute flaws! Furthermore, it
supports TDD (test-driven development), and BDD
(behavior-driven development) approaches that first
write automation tests and then focus on coding.
The given approaches improve the software quality and
prevent the development of software bugs in later
stages, thereby cutting the development costs to half.
rate on what you want to discuss.

6. ROR Gets Support from
Global Programming
Communities
It is a fact that ROR gets support from the most active and vibrant web
programming communities present across the globe. Sometimes even the best
Ruby developers contact each other through conferences, write books, and
gleefully share their experiences with their counterparts.
For any FinTech project, the ROR community offers testing and well-documented
plugins to meet every possible expectation of the developers, such as comment
and authentication system, and address all the issues whole-heartedly.

7. ROR Develops Scalable
Infrastructure
While creating a plan for a startup, the most crucial
thing that comes into the developer's mind is
scalability. With high scalability, the developer can
handle the ever-increasing workload online.
Besides, greater scalability also improves the app’s
performance and increases the development
procedure to a higher level. Various successful
FinTech companies provide comprehensive support
to the banking and financial services as their
platform is built on the ROR framework.

8. Conclusion
Though ROR development services are not devoid of flaws, they quickly
fill the gaps and eliminate the issues. In that way, it can meet the
demand of the industry efficiently.
Certain features of ROR development services help FinTech companies
strike gold in their financial services. First is protection from online fraud
to provide hard-core security to the economic projects.
So, demand for the ROR framework is immense, and many FinTech
companies are leveraging it to meet their project mandate successfully.

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