Kit and Ace had set their sights on launching their inaugural mobile app. Their pre-established plans revolved around adapting their existing online web store for mobile e-commerce. However, true to Kit Ace's signature approach, they aspired to infuse their mobile app with additional brand experience and storytelling elements, even though the specific details of this endeavour were yet to be defined.
Initially, our primary objective was to grasp the fundamental requirements for transforming into a FinTech company with the characteristics of a bank. After successfully setting up partnerships, obtaining the necessary insurance, and fulfilling the licensing requirements, we could then move forward with defining our Minimum Viable Product (MVP). To achieve this, we conducted a comprehensive competitive analysis and immediately set to work. Using the Design Sprint framework, I identified the essential MVP features that would pave our way to entering the market.
DEFINE THE BUSINESS GOALS, DESIGN AND DEVELOP TWO PROTOTYPES TO VALIDATE THE CONCEPTS
The products we developed were designed closely with the company’s brand philosophy in mind. We were able to emulate Kit and Ace’s values by designing in a way that is functional and moves people forward.