Speed Up a Fintech App Launch with Modern UI
Let’s imagine you’d say, “I need a modern UI for my Fintech app that will look great in any desktop browser, work perfectly in mobile browsers, and be affordable,” and could get this ready-to-go UI in a few clicks. In this article, you’ll learn how to make it real.
To learn more about best practices when designing UI/UX, check out this article. We also share tips on conducting UX research and improving an existing app design here.
Why UI matters
With a boom in digital representation, businesses now need advanced web portals and mobile apps. The Fintech industry follows the same trend.
According to Capgemini’s World Fintech Report 2021, digital representation of Fintech platforms brings the following benefits:
- Fintech platforms become ubiquitous (available anytime and anywhere).
- New products and innovations get shorter time to market.
- Fintechs can react to market changes faster and meet new customer demands with less effort.
- Fintechs create more options to collaborate with ecosystem players.
- Using data and AI, Fintechs may offer personalized services.
UI is one of the first points of contact with your business. A positive first impression from it may turn leads into customers.
That is why all areas of the Fintech industry—from digital lending and payments to wealth management and capital markets—aim to build an attractive web platform or mobile app, redesign an existing one, or optimize its UI/UX.
To make these improvements, you can start with the three steps we explain below.
The first steps to your perfect UI design
So let’s say you have already decided to build or redesign your platform or app. Plus, you plan not to overpay for the UI. Congrats, you have taken the first step.
Step 1: Initiation. Define your prospective users. If you already have an app, gather analytics to determine which pages were satisfactory to your users and which were not.
Step 2: Research. Write a list of questions that may help you understand your goal, your target audience, and what you need to attract them. Here’s an example:
- Do you need a POC, an MVP, or a full-fledged product?
- Who will benefit from the product and how?
- Should the product be a mobile application or a web platform?
- In the case of a web platform, should it be optimized for mobile devices?
- When and how will users utilize your application or platform?
Step 3: Decision. Based on the information you already have, decide what tools you need to create your UI. The most popular options are as follows:
- UI design systems
- Component kits (usually based on one of the UI design systems)
- Ready-to-go SPA app kits (usually based on some component kit)
Let’s look at each option.
