bountyintermediate$300 bounty

Design better onboarding for a fintech app

67 participants 24 submissions 7 companies watching Ended

Problem Context

First-time fintech users abandon KYC flows at alarming rates. How do you build trust AND collect required compliance data without losing users?

Industry average KYC completion rate is 38%. Top performers hit 65%. The regulatory requirements (ID verification, address proof, income declaration) cannot be skipped.

Constraints

Must comply with KYC/AML regulations
Cannot skip any verification step
Must support 5+ ID document types
Target: 60%+ completion rate

Evaluation Criteria

Trust-building techniques
Progressive disclosure approach
Error recovery UX
Completion rate impact estimate

Posted by

companynesto