Top 7 Programming Languages for Fintech and Finance in 2021 - Deepstash

• Scala : Scala was created to address some of Java’s inherent issues. Since then, it has grown in popularity and is widely used globally used by software developers. Scala provides support to both object-oriented and functional programming. It allows concise and compact codes to be written and becomes a more powerful language with elegant syntax.

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• Java : Java is extensively used by the financial services industry. It is a programming language that promotes OOP principles and is great for building heavily loaded programs that can deal with a vast amount of data. Java ensures enhanced security protocols and cross-platform capabilities which makes it so popular in the finance industry.

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• C++: C++ is a general programming language that is widely used in the fintech industry for its well-known efficiency. It is known to be the closest programming language to the machine as compared to any other language. Its tight data structures and template metaprogramming makes it one of the fastest programming languages. Also, it promotes code reusability, which proves necessary while building complex objects.

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• Ruby : Even though Ruby might not be at the top of the list when it comes to the best programming languages for fintech, it has all the capabilities and characteristics that are required to build a fast and successful application for fintech It is known to be highly sophisticated and is capable of handling various tasks at the same time. It is cost-effective and has a high-quality framework that can be used to develop codes efficiently.

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• Java : Java is extensively used by the financial services industry. It is a programming language that promotes OOP principles and is great for building heavily loaded programs that can deal with a vast amount of data. Java ensures enhanced security protocols and cross-platform capabilities which makes it so popular in the finance industry.

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