Case Study: Launching PayMe from HSBC
Mind the Product
APRIL 16, 2020
The plan was to build a low-cost Minimum Viable Product (MVP) to validate the idea of social payments before adding any resources. However, I quickly discovered that there’s too much brand risk for a trusted bank to take this type of lean startup approach. PayMe surpassed 1 million users, just 17 months after launch. Conclusion.
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