According to a study, 66% of the global population have access to mobile banking in 2025. Mobile banking applications are now the popular and most convenient way to manage banking operations.
Mobile banking and fintech applications are handling millions of transactions each day.
This digital shift has created new avenues for cybercriminals. Illicit methods such as reverse engineering, repackaging and malware injection are used by attackers to break into mobile banking apps and drain funds within minutes.
Once a banking application is installed on the user’s mobile, traditional security methods like encryption, MFA, and secure API gateways alone cannot stop these threats. This is why fintech companies are adopting mobile app shielding to prevent tampering, protect sensitive data, and stay compliant with global and national security standards.
Top 7 Fintech App Shielding Vendors
1. Zimperium
Zimperium is a popular mobile security provider used by major banks and financial institutions. The mobile application protection suite of Zimperium uses on-device, machine learning based detection techniques. The platform combines code and IP protection with runtime threat monitoring for complete security.
Strengths
- Robust security against reverse engineering and code tampering
- Detection of malware and compromised device in real-time
- Automated in-app responses to block suspicious activity
- Widely adopted and used by financial institutions
Weakness
- Setup and configuration of platform with app is complex
- Pricing may not be economical for smaller teams
2. Appdome
Appdome is an AI-Native mobile security platform. It specializes in providing security to banking and fintech enterprises without any coding from developers. The platform allows enterprises to deploy fast security measures for their iOS and Android applications through automated processes.
Strengths
- Fast security deployment with no-code feature
- Strong defence against tampering attempts, malware attacks, and instrumentation-based attacks.
- Continuous automated security suitable for app development workflows
Weakness
- Limited customization of security configurations
- Some advanced add-on platform features might incur additional charges
3. Guardsquare
Guardsquare provides security to Android and iOS apps against cyberthreats like reverse engineering, tampering, and runtime attacks. It aids businesses to protect sensitive code, data, and intellectual property of their mobile applications.
Strengths
- Protects its code through obfuscation
- RASP defenses defend apps against debugging and tampering attempts
- Works well with CI pipelines and typical application development processes
Weakness
- Security configurations and maintenance require dedicated team
- Implementation of complex projects needs longer build time
4. Promon
Promon provides mobile banking app protection through its Promon SHIELD® solution which delivers complete code and data encryption and runtime defense capabilities. It protects critical codes and sensitive data from unauthorized access. Promon solutions also prevent malware attacks and credential theft without causing any performance issues of mobile applications.
Strengths
- Protects all runtime operations through complete authorization controls and malicious code prevention mechanisms
- Protects sensitive data stored inside the app and during execution
- Minimal impact on app performance
Weakness
- The process of customization needs extra technical work
- The system requires extended deployment time
5. Approov
Approov is a mobile application security platform that helps to secure the connection between mobile apps and backend APIs. Its mobile Runtime Application Self-Protection (RASP) detects and blocks attacks from tampered apps and devices. It also offers dynamic certificate pinning to prevent Man-in-the-Middle (MiTM) attacks.
Strengths
- Establish secure API connections with mobile applications
- Detects and blocks tampered or cloned applications
- Uses Dynamic certificate pinning to prevent network interception attacks
- Protects against bot traffic and credential stuffing attacks.
Weakness
- Protection limited to API and session data security
- Needs additional security tools to achieve complete application protection
6. V-Key
V-key is a digital security company known for its patented V-OS technology which is the world’s first virtual secure element. V-OS creates a secure, hardware-isolated ecosystem within a mobile app to protect sensitive data and cryptographic processes.
Strengths
- Creates a secure and isolated environment within the application
- Provides protection for both cryptographic keys and other sensitive information
- Fulfils all requirements which enable SOC-2 compliance
Weakness
- The platform requires experts who have received proper training for its successful deployment
- The cost of implementing might not be economical for smaller teams
7. DoveRunner
DoveRunner is a mobile app security platform that provides extensive protection to fintech and mobile banking applications. The platform protects financial transactions and user data from real-world attacks in real time through its advanced runtime protection system.
Strengths
- Detects root and jailbreak attempts to stop unauthorized device access
- Protects user credentials from being stolen through its keylogger protection
- Implements SSL pinning to create protected server connections through the application.
- Protects users from fraudulent login screens through its anti-overlay protection feature.
- Detects macro bots which helps stop automated bot attacks.
- The system allows users to conduct transactions without any disruptions to the system.
Weakness
- DoveRunner’s integration needs careful planning
Why DoveRunner Stands Out
DoveRunner serves as the preferred security solution for fintech companies and digital banks which need advanced application protection and runtime defense capabilities. Security teams choose DoveRunner because it delivers real-world results through its quick deployment and effective protection against ongoing fraud attempts without affecting user experience. DoveRunner leads the security solutions industry through customer satisfaction and its ability to innovate new security solutions.
Industry recognition and achievements
- G2 Spring 2025: Easiest to Do Business With, 4.7 out of 5 rating
- Recognized by Gartner as a Sample Vendor in the 2025 Hype Cycle, 4.6 rating
- Winner of the Technology Innovator Awards 2025: Mobile App Security Innovator of the Year
Fintechs looking to secure mobile banking without slowing performance choose DoveRunner for its unified protection and proven results.
Fintech App Shielding Vendors Comparison Table
| Vendor | Primary Focus / Overview | Strengths | Weaknesses |
| Zimperium | Mobile-first security with ML-based on-device protection and runtime defense | • Strong protection against reverse engineering and tampering • Real-time malware and compromised device detection • Automated in-app threat response • Proven enterprise adoption | • Setup may require more technical effort • Pricing may not fit small fintech teams |
| Appdome | No-code mobile defense platform for rapid app protection and deployment | • Easy and fast implementation • Protects from tampering, malware, instrumentation • Automatic security updates during development and releases • Ideal for quick rollout | • Less flexibility for deep customization • Advanced features may require add-ons |
| Guardsquare | Protects mobile code integrity and runtime behavior inside banking apps | • Strong code protection and obfuscation • Built-in RASP defense • CI/CD integration friendly • Trusted in financial sector | • Requires developer effort to configure • Can slow build times on large projects |
| Promon | Deep runtime shielding and protection for sensitive mobile banking code and data | • Effective runtime defense • Minimal performance impact • Strong use cases in BFSI • Protects sensitive data and logic | • More technical configuration effort • Slower rollout than automated solutions |
| Approov | Focuses on securing API access and blocking fake or tampered apps | • Strong protection for API communication • Dynamic certificate pinning • Stops bot and credential attacks • Detects cloned / modified apps | • Limited full in-app shielding • Requires additional tools for broader coverage |
| V-Key | Secure virtual environment for sensitive data and cryptographic operations | • Protects cryptographic keys and identity data • Compliance friendly (SOC 2 etc.) • Suitable for high-security payments and identity apps | • Needs specialized implementation • May exceed needs of early-stage startups |
| DoveRunner | Unified multi-layer app protection, RASP, anti-tampering, secure API, fraud prevention | • Root/jailbreak detection • Keylogger and overlay attack protection • SSL pinning and bot detection • Stops account takeovers & fraud in real time • Boosts trust and retention | • Full capability set may require implementation planning |
