Global financial institutions have been urged to rethink how they develop software after a patent-pending AI coding platform launched at this week’s Money 20/20 USA.
Justin Levy, CEO of iBusiness Funding launched the new iBuild platform at a press breakfast on 27 October 2025 at The Venetian Hotel in Las Vegas.
The patent-pending AI coding platform is designed to transform how financial institutions develop software.
iBuild positions itself as a no-code solution that enables any user, regardless of technical background, to design, build and deploy financial products.
Unlike traditional AI coding tools that simply generate code, iBuild goes further by spinning up a Type 2 banking environment and deploying production-ready software without the need for a developer.
“It doesn’t just give you the code,” Levy explained. “It asks pointed questions to improve your software, helps you iterate, and includes features you haven’t even thought of yet.”
The launch comes at a time when financial institutions are under pressure to accelerate digital transformation.
According to Deloitte, banks that effectively deploy AI across the software development lifecycle could realise significant cost savings by 2028.
Microsoft’s 2025 industry report also notes that spending on AI in financial services is projected to reach $97 billion by 2027, with institutions increasingly adopting AI agents to streamline operations and drive growth.
Yet, challenges persist. A recent BAI report highlights that many financial firms struggle with integrating AI into legacy systems and ensuring compliance and security.
iBuild aims to address these pain points by abstracting complexity and embedding compliance into its deployment process.
With major players like Stripe and Circle also investing in proprietary blockchain infrastructure, the race to simplify and democratise fintech development is intensifying.
iBuild’s launch signals a bold step toward making AI-powered innovation accessible to every department, not just developers.
