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Fintech
Effortless Cross-Border Financial Transfers
Summary

Build an application that enables users to initiate cross-border money transfers with ease. The app should offer real-time exchange rate information, low transaction fees, and quick delivery of funds.

Requirements
  1. Users should be able to create profiles and add beneficiaries for money transfers.
  2. Develop a system that offers real-time currency exchange rates and transaction tracking.
  3. Ensure the app is user-friendly, especially for individuals and businesses in regions with limited access to financial services.

Submission Guidelines

  1. Figma (Optional): Provide a link to your Figma design / prototype for your project.
  2. GitHub Repository: Provide the link to your GitHub repository containing all the relevant source code and project files.
  3. Deployed Link: Share the link to the deployed version of your project. For web applications, consider hosting on platforms like Netlify or Heroku. If it's a mobile app, upload the APK to Google Drive and provide a public link.
  4. Walkthrough/Presentation: Create a concise 2 to 5-minute maximum screen recording. Walk through key features, functionalities, and any unique aspects of your project. Clearly articulate how users can interact with and benefit from your solution. Ensure your presentation covers essential details without exceeding the time limit.

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Suggested Approach

Day 1 - 2: Conceptualization & Design

Product Manager & Product Designer:
  • Define user flows for creating profiles, adding beneficiaries, and initiating money transfers.
  • Design an intuitive and user-friendly platform, considering accessibility for regions with limited financial services.

Day 3 - 4: Development & Testing

Frontend:
  • Develop an accessible and user-friendly interface for creating profiles, adding beneficiaries, and initiating transfers.
  • Implement features for real-time exchange rates and transaction tracking.
Backend:
  • Create a secure backend system for storing user profiles, beneficiary details, and transaction records.
  • Integrate APIs for real-time exchange rate information.

Day 5 - 6: Refinement, User Feedback Integration, & Presentation

All Team Members:
  • Integrate user feedback mechanisms for usability improvements.
  • Conduct extensive testing for reliability and ease of use.
  • Finalize the application, focusing on simplicity, accuracy, and user satisfaction.
Prepare a Presentation:
  • Showcase the application's capabilities, emphasizing its potential to simplify cross-border money transfers for users, with a special focus on accessibility for regions with limited financial services.
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