Traditional banks have failed to meet the needs of their customers. The banking industry is stuck in a rut, with major players offering the same services as they always have. Customers are frustrated by this lack of innovation and transparency from traditional banks, which is why Finndon is on a mission to completely revolutionize the industry.
The financial industry is set to undergo a huge transformation in the coming years. A new generation of customers is making their way into the world, with different expectations and financial needs than the previous ones.
Financial institutions have proven time and time again that they can’t keep up with this change alone. They need help from an outside source.
Finndon is here to save the day! They are bringing together some of the best minds in finance, technology, design, and business strategy to build a better bank for everyone – not just millennials but also our parents or grandparents who have never used any type of digital banking before.
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Why Do We Need Banks Like Finndon?
Finndon is on a mission to save the dying banking industry. Traditional banks have failed to meet the needs of their customers, and as Finndon CEO Aaron Archersaid, “Bring back the days when you knew your bank manager by the first name and trusted them with your life savings.“
Banks claim they can’t innovate fast enough, but Finndon knows that this is not true because the world of Fintech industry has become more innovative in the past few years.
Financial institutions can’t keep up with the constant change in customer needs and require the assistance of Finndon. We are more than happy to fill that gap because we believe in giving customers what they want.
What Finndon Is Doing To Challenge The High Street Banks
Finndon is completely changing the industry. We are starting by launching a platform that will allow people to spend, save, and invest under one roof. We all know that there is a huge shift away from the traditional bank branches that have been the norm for years. People are using phone banking apps and digital banks more and more.
Finndon is giving the end user a platform with which they can do all of this in one place. They don’t need to go to the same old bank branch every time they want to make a transaction like withdrawing or depositing money.
They are revolutionizing the Fintech industry by building a modern bank that meets all of the needs of our customers.
Investment Offers:
Offering different investment opportunities in a wide range of asset classes for as little as £1. They want to make investing easy and accessible to everyone, not just the rich.
Our Target:
Primary target is Gen-z and millennials, as they are the most likely to enjoy the benefits of our platform. They do not want to go into a bank branch to conduct transactions; they prefer using their mobile apps.
Test Launch:
Launching their platform with 10,000+ users for testing purposes. They are expecting great results from this launch which will help us in creating a better platform for our customers.
Go-To-Market Strategy:
Using a different go-to-market strategy than their direct competitors. Instead of spending millions of pounds on traditional marketing, we have decided to educate our users from the very beginning about what Finndon can do for them.
By simply asking users a few simple questions and then offering them a solution to their problems right away. This is the first step in our customer journey.
Improving The Confidence Of Banking Customer Service:
They intend to completely change the way that people perceive UK banks. We are bringing back the confidence in UK banking customer service by ensuring that every person who wants to work with them is fully vetted and has the right skills.
Finndon’s primary goal is to make banking accessible to everyone, and we believe that with their unique platform, people will have a much better banking experience.
