Fintech Mobile
About the project
Challenge
A major challenge for any fintech app is overcoming consumer distrust and lack of confidence in financial mobile applications. Establishing trust and transparency around security and fees is critical.
Goal
With this design, we have successfully achieved our core objective: to deliver an exceptionally intuitive, transparent, and secure fintech experience that instills unwavering consumer confidence and peace of mind in all financial transactions.
Solution
To build trust, our solution focused on simplified UI/UX design, upfront disclosure of all fees, rigorous identity verification, bank-grade data encryption, and transparency around how customer data is used.
Market research claim
Relevant market research showed the global fintech market size was valued at USD 112.5 billion in 2021 and is expected to grow rapidly at 24.3% CAGR from 2022 to 2030 (Grand View Research), presenting massive opportunity.
Market research problem
However, the research also revealed consumer concerns around security vulnerabilities and lack of transparency related to fees and data usage as major barriers to fintech adoption.
Why i made this project
his fintech mobile app project was conceived specifically to capitalize on the high growth in mobile financial technology by prioritizing building consumer trust and ease-of-use.