Client Background

The client is a leading fintech firm in KSA providing integrated payments services with an aim to continuously provide new and innovative technologies and digital experiences

Business Problem

• The client required a robust strategy and roadmap for launching innovative fintech products and to expand the business in adjacent geographies
• The client required assistance in conducting competitor, technology and product analysis and develop complete solutions for fulfilling compliance/regulatory requirements
• The client required assistance in restructuring the organization in a way that is effective, adaptive, and provides a strong foundation to scale at an accelerated pace

Solution Overview

• Acuvon developed a 5-year strategy plan by understanding internal capabilities, the fintech market landscape at global and regional level, and the regulatory requirements of KSA. The plan included a comprehensive outline of:
  • Products and their launch roadmap
  • Governing policies and procedures associated with the product portfolio and launch requirements
  • Business and Operating model
  • Competitor analysis across the entire financial ecosystem along with key learnings from their journey
• Acuvon delivered on multiple projects in record time, helping the client take advantage of being the first mover in KSA:
  • Understood and created the entire compliance requirement tracker per the norms defined by the regulatory authorities
  • Corporate governance framework and Board committee charter
  • Engagement framework for key stakeholders
• Acuvon studied various organizational structures of companies in fintech, e-commerce, and technology (product) and developed an organizational structure for the client customized per the suggested business model, operating model, and skill profile of its employees