Is Laravel suitable for fintech applications?

Yes. Laravel runs in production at major fintech companies including Square, MasterCard, and a range of payments, lending, and neobanking platforms. The framework supports the core fintech requirements out of the box: idempotent API design through Sanctum and middleware, comprehensive audit logging through Activitylog, role based access control, encryption at rest and in transit, and the operational substrate (ISO 27001, PCI DSS scope minimisation through tokenization, KYC and AML workflow patterns) that fintech compliance teams check. The framework choice rarely blocks a fintech engagement; the vendor choice often does.