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HOW TO
BUILD A
MVP
PRODUCT
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7 Steps for
Successful MVP
Development in
Banking & Finance
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STEP 1

Understanding
customer needs and
market demands is
paramount. Initiate your
MVP with a strong
market analysis and
customer feedback.
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STEP 2

Define your goals. Are

you enhancing
payment solutions or
simplifying investment
processes? A focused
approach ensures
efficiency.
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STEP 3

Map out the user

journey. Ensure every
step of the customer
interaction is smooth
and intuitive.
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STEP 4

Prioritise essential
features based on
market research and
customer needs. What
adds the most value to
your user’s experience?
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STEP 5

Choose the right tech

stack and ensure
scalability. Your MVP
should be built with
future growth in mind.
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STEP 6

Utilise Agile
methodologies for a
flexible and iterative
development process.
Focus on delivering
value incrementally.
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STEP 7

Gather user feedback

post-launch, and be
ready to scale
effectively to meet
growing demands.
 7 HOW TO BUILD A
MVP PRODUCT
STEPS SUCCESSFULLY

1 2 3
DO FOCUSED SET KNOW YOUR
MARKET CLEAR CUSTOMER
RESEARCH OBJECTIVES JOURNEY

4 5 6 7
PRIORITISE CHOOSE CONSIDER AGILE LAUNCH.
LOVABLE THE RIGHT TECH DEVELOPMENT FEEDBACK.
FEATURES THAT STACK APPROACH. SCALE.
DELIVER RESULTS.

SHIVENDRA BHATIA
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