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Paydex
Passport to borderless money management and international finance
✺ Overview
Mobile App that empowers sending money to loved ones, paying international bills, or managing business finances
With a user base exceeding 200,000 and transaction volumes surpassing $450 million within the first 12 months, Paydex revolutionized the way individuals and businesses manage their finances across borders
Client
Paydex Inc.
London, The UK
Services
UX Design, UI Design
✺ Challenge
The primary challenge was to integrate a wide array of financial services, from currency exchange to international transfers, demanding a balance between clarity and depth of information
Overcoming these challenges required close collaboration with stakeholders, extensive research, and a deep understanding of the nuances of international finance, ultimately resulting in the creation of a robust and user-centric international banking mobile app
✺ Features
Paydex is more than just a banking app—it's a gateway to a world of financial freedom and opportunity
- Borderless Account Payees allows users to hold and manage money in multiple currencies, making international transactions seamless
- Currency Exchange We designed the currency conversion process to be straightforward and quick. Users can select the currencies to exchange and instantly see the converted amount at the current rate
- Money Transfers Feature is designed with simplicity in mind, enabling users to initiate a transfer in just a few taps
- Transaction Insights We integrated several data visualization tools to enable users to quickly understand their financial information
✺ Solution
Successfully created an international mobile banking app that meets the diverse needs of a global user base while ensuring security, transparency, and ease of use
- 50+ currencies supported
- 50,000+ borderless accounts created
- 21% monthly growth rate in user sign-ups
- 59% user retention rate after six months
