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Development of a User-Centric Mobile Investment Platform Using Flutter
  1. case
  2. Development of a User-Centric Mobile Investment Platform Using Flutter

Development of a User-Centric Mobile Investment Platform Using Flutter

hedgehoglab.com
Financial services

Identify Challenges in Simplifying Investment Access for New Users

The client seeks to develop a mobile platform to make investing accessible and straightforward for users with limited prior knowledge, addressing the issue of overwhelming choice and lack of user guidance, to expand their user base and improve customer onboarding experience.

About the Client

A mid-sized fintech company aiming to create an intuitive mobile app to democratize investing for first-time investors and enhance user engagement.

Define Goals for an Impactful and User-Friendly Investment Application

  • Create a mobile app that simplifies investing with an engaging, user-friendly interface aimed at novice investors.
  • Achieve rapid onboarding with an optimized, streamlined onboarding process requiring fewer steps.
  • Implement detailed analytics integration for comprehensive understanding of user behavior and product performance.
  • Ensure the app is accessible on both iOS and Android platforms with consistent functionality.
  • Leverage innovative cross-platform technology to facilitate flexible, scalable, and maintainable development.

Core Functional Requirements for the Investment Mobile Platform

  • Invest in UK shares with clear, themed investment categories for transparency.
  • Provide investment options for pension plans within the app.
  • Implement an optimized onboarding journey with minimal steps to enhance user adoption.
  • Offer detailed information and guidance catered to first-time investors to reduce feelings of being overwhelmed.
  • Integrate with internal analytics systems to track detailed user interactions and app performance metrics.

Preferred Technologies and Architectural Approach

Flutter for cross-platform app development
Mobile SDKs for iOS and Android
Analytics tools for user behavior and app performance tracking

External and Internal System Integrations Needed

  • Internal analytics and data systems for detailed user behavior tracking
  • Content management system for investment information and guidance
  • Push notification services for user engagement during onboarding and investment activities

Non-Functional System Requirements and Performance Metrics

  • App performance optimized for smooth user experience on multiple devices
  • High security standards to protect user data and transactions
  • Scalability to support increasing user base, aiming for a waitlist comparable to 5,000+ pre-registrations at launch
  • Compliance with relevant financial regulations and data privacy standards

Expected Business Impact and Success Metrics

The project aims to deliver a highly accessible and engaging mobile investment platform that attracts new users, reduces onboarding time, and increases user engagement and retention. Success will be measured by improved user adoption rates, detailed analytics insight, positive user feedback, and recognition as an innovative, user-focused fintech solution, similar to achieving award-winning UX recognition. Targeting a significant increase in app downloads and active investments, contributing to overall platform growth and market competitiveness.

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