Monzo - 11:FS Pulse

The fintech targeting better user onboarding
Grab mobile app card screen
11:FS has assisted Monzo to discover the world's best user fintech journeys and help improve their own in-app experiences for customers.

The challenge
"

...by using 11:FS Pulse, this research phase took a tenth of the time it normally would, and with much better results to show for it.

Jonas Templestein
Co-founder & CTO, Monzo Bank
"

...by using 11:FS Pulse, this research phase took a tenth of the time it normally would, and with much better results to show for it.

Jonas Templestein
Co-founder & CTO, Monzo Bank
Why did you first start using Pulse?

We wanted to see how we stacked up against others who pride themselves on strong UX, and take inspiration from them. We also wanted to see what best-in-class fintech user journeys from around the world look like. The only other option is opening 100s of accounts yourself – a credit score nightmare with huge barriers of entry to other countries.

We want to ship features fast, with world-class user experiences that Monzo customers are used to - 11:FS Pulse helps us to do just that. Finally, we did not have time to do a thorough competitor analysis on every single journey out there - by using 11:FS Pulse, this research phase took a tenth of the time it normally would, and with much better results to show for it.

"

...by using 11:FS Pulse, this research phase took a tenth of the time it normally would, and with much better results to show for it.

Jonas Templestein
Co-founder & CTO, Monzo Bank
"

...by using 11:FS Pulse, this research phase took a tenth of the time it normally would, and with much better results to show for it.

Jonas Templestein
Co-founder & CTO, Monzo Bank
"
...by using 11:FS Pulse, this research phase took a tenth of the time it normally would, and with much better results to show for it.
Jonas Templestein
What we did
RBS Mettle mobile banking app and card
WeLab logo
US Retail Bank mobile app onboarding screen, dashboard, bills
CaixaBank logo
How has Pulse helped your team?

By giving us a holistic view of the market, we can see how we stack up against our competitors whilst taking inspiration from the best-in-class journeys from around the world. Pulse was instrumental in improving all of our in-app experiences, most notably our onboarding journey which improved conversion dramatically. Not only did Pulse provide inspiration for new feature ideas but it also gave us the crucial insights for how they could best be executed.

By learning from others in the industry, we raised our UX game, cherry-picking examples from >500 of the best fintechs around the world, taking inspiration from world class designers and their innovative product solutions. 11:FS Pulse is invaluable to any designer working in financial services.

Mox payment card
GrabPay card
How has Pulse helped your team?

By giving us a holistic view of the market, we can see how we stack up against our competitors whilst taking inspiration from the best-in-class journeys from around the world. Pulse was instrumental in improving all of our in-app experiences, most notably our onboarding journey which improved conversion dramatically. Not only did Pulse provide inspiration for new feature ideas but it also gave us the crucial insights for how they could best be executed.

By learning from others in the industry, we raised our UX game, cherry-picking examples from >500 of the best fintechs around the world, taking inspiration from world class designers and their innovative product solutions. 11:FS Pulse is invaluable to any designer working in financial services.

Citizens Access logo
Citizens Access logo
Mettle banking app transaction screen examples
What is the best thing about the platform?

The depth of content within the platform allows us to improve our go-to-market timing. In a market where speed is everything, 11:FS Pulse’s range of content makes it easy to learn from the best and avoid other people’s mistakes.

Instant access to 5,000 journeys across fintech and FS makes Pulse an essential and unparalleled research tool for those working in the industry.

Strategy phase: a customer-centric proposition

Following the Design phase, 11:FS worked with Citizens Access to define their strategy for the new proposition. This involved working through some rapid concept and user testing sessions to ensure the service design helped the customer overcome the problem identified in the JTBD analysis.

11:FS moderated workshops with the Citizens Access team to define the purpose of the new proposition, its core values and the tone of voice the brand should adopt. The outputs of these workshops were combined with the cultural insights to enrich the Stories to be Told and thus their product marketing and brand strategy.

We tested different ways the brand could pitch the new proposition and arrived at a compelling direction for the Citizens Access team.

Finally, leveraging 11:FS’ vast experience of getting digital banking products to market quickly, the team defined a Minimum Loveable Product (MLP) prototype, roadmap and set of execution principles. This left the Citizens Access team with a clear direction on how to design a new breakthrough proposition and get that into the hands of their customers quickly.

GrabPay mobile app card screen
Want to speed up your time to market?

Talk to us - we're experts in defining, building and launching the next generation of financial services