In my limited experience, no-code tools are really great for idea validation & prototyping because you can get to the core of your value proposition faster than starting from scratch. As things scale, maybe you can't rely on V1 as much, but that can be a good problem to have.
Not sure if you meant this, but I think a lot of no/low code products can fill most propositions however the costs are prohibitive. Currently Bubble, Adalo, Airtable etc would bankrupt me fast if I ran off them (I mean; they are free or cheap to get going but when you gain traction, the price flies up). I cannot build scale or momentum with their pricing. There is also the problem that it is not open tech, but that is more a personal thing, not a financial or tech problem.
If they were open source, I probably would build 90% of whatever I am doing in them, but now it is more like 1% and indeed for demos only and that is 100% price, for me. The open source solutions are not good enough. I understand that; only techies care about open source and they can program. This is another market.
I recently got a quote from a big no-code company, for the yearly price they asked for a few thousand users I could hire two competent full time developers.
I thought it would be EU were open banking (psd2; and most we integrated have easy read/write) is mandatory, but this seems US. Bubble allows easy API integration, but programming low level banking messages would be painful with Bubble (maybe impossible) so I would assume they did that with a microservice or something, exposing a REST API for Bubble.
Our biggest competitor bought a nocode provider so their banking software is easier to customize.
If they were open source, I probably would build 90% of whatever I am doing in them, but now it is more like 1% and indeed for demos only and that is 100% price, for me. The open source solutions are not good enough. I understand that; only techies care about open source and they can program. This is another market.