Investure wants to execute a market test with a minimum viable product that can onboard users onto a publicly available app and allow them to buy a range of financial instruments through a broker/bank in Kenya. The broker/bank in turn will be able to use a web portal to interact with the service.
The MVP will be carried out without regulatory licensing and can work without a fully automated backend in order to launch a lean and quick to market product that can provide market feedback ahead of future investment/development.
Financial regulatory compliance will be covered by the broker/bank in Kenya and Investure will only be an intermediary party that help facilitate the interaction between the user and the broker/bank. All software artefacts that are developed for the MVP should be built in such a way that they can be further developed and used in future versions. A microservices architecture should be used to ensure that any component can be repurposed and/or exchanged.
The key feature of the solution is to build a system according to the following requirements:
DEVELOPING A LEAN AND FUNCTIONAL MVP
Financial products to be covered by the MVP: Deposits, Stocks, Funds, Bonds
MVP USER JOURNEYS
- Download the App
- Register User Profile
- Open an Account
- Fund the Account
- Make an Investment
- Selecting an Investment
- Statistics and Reports
- Cashing Out
- Collection Accounts
- Custody/Administrator Account
- Creating an Investment
- Confirming an Investment
- Maturity of an Investment
- Redeeming an Investment