user-onboarding

This story was originally published on HackerNoon at: https://hackernoon.com/user-onboarding-trends-in-fintech-lessons-from-top-uk-apps.
I have reviewed several apps from the Top finance apps in the UK AppStore, including Wise, Monzo, Starling Bank, Plum, and Zopa.
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This story was written by: @chavlytkoira. Learn more about this writer by checking @chavlytkoira's about page, and for more stories, please visit hackernoon.com.

The FinTech industry demands swift and effortless user onboarding. 68% of users abandoned applications in 2022. "eIDV mature" countries like the UK and Sweden have higher expectations. I've assessed top UK financial apps like Wise, Monzo, Starling Bank, Plum, and Zopa. Best practices include showcasing unique features, transparent process timelines, clarifying data usage, adding fun elements, and utilizing visuals. Simplifying data entry, language, offering quick sign-in options, and confirming user details are key. Effective information framing influences user decisions. The FinTech future belongs to those who prioritize innovation, accessibility, and trust-building.

This story was originally published on HackerNoon at: https://hackernoon.com/social-mechanics-harnessing-user-connections-for-product-growth.
Guide with examples for growth product managers on how to apply social networks strategies to acquire, onboard and retain users.
Check more stories related to product-management at: https://hackernoon.com/c/product-management. You can also check exclusive content about #product-management, #product-led-growth, #user-onboarding, #user-retention, #product, #product-development, #business-strategy, #business-growth, and more.

This story was written by: @aleksandramatveeva. Learn more about this writer by checking @aleksandramatveeva's about page, and for more stories, please visit hackernoon.com.

Social apps demonstrate high retention rates and enjoy the luxury of having thousands of high-frequency users. While many businesses are not created for everyday use and rather have weekly or monthly usage cycles, we, product managers, still tend to wonder – is there a way to adapt social media strategies to our product?