Assignment - Business Canvas Model

  • Download the Business Canvas Model sheet and fill it out for your fintech business idea. Share it in the forum if you like.

Business Canvas Model of my project:

  1. Customer Segments : Man and women from 30 to 60 years old. On the full working age they often have the need to manage funds from different sources, for personal, familiar and working need. Check and manage the company account, a common account with partner, old parents account where they receive pension and social help, keep under control the bank activity of their your teenage sons, and some investment accounts for future pension, shares market and crypto currencies. The big number of different bank accounts, saving accounts and cryptocurrencies exchanges is creating confusion in the average user.
  2. Value Propositions : The added value at the basis of this project consists to manage all the personal, family, working finance on a single app. The user will have the possibility to easily interact not only on his personal account but also on all the third parties authorized accounts. The unified app will help the final user to manage as every external accounts he wants.
  3. Channels : Expecially at the beginning the online channels are to be preferred. All crypto currencies users are also bank account users and on big % investors, so they will highly feel the need of a unified app. So all the online channels for crypto currencies users are to be preferred.
  4. Customer Relationships : The way to be preferred is an online chat, kept by people working remotely
  5. Revenue Streams : First three-five synchronisations might be free. Then a small monthly fee might be added. An “opportunity advice” might be considered very useful from users about one suggested new fintech per week. This promotional space might be sold to generate a revenue
  6. Key Activities First step is the composition of the team. Then agreements with API aggregators and creation of the website and the apps. Then the public relationship activity.
  7. Key Resources : A dynamic website
    Android and iOS native apps
    Remote customer service
  8. Key Partnerships : Agreements with API aggregators and Nordic API getaway. To be still identified: website company designer, apps designer, and customer relationship outsourcing.
  9. Cost Structure : Customer service is a recurring cost, as well a dedicated server. To be checked the contracts with API aggregators. Website and apps are one-time costs.




Good idea. Well fleshed out.

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Most middle-class citizens don’t know how to invest their savings properly or are too scared to do so because of past failures. My fintech would focus on making risk-free investing easy.

Value Propositions
We help customers earn ‘free’ money on their savings, as we will be only presenting offers through which our customers can only gain cash and not lose it. We will be comparing our services to deposits or savings account to show our customer that they have nothing to lose as they don’t earn any money on their savings currently. Our market advantages will be lowered risk and cost reduction, price, accessibility, and usability.

Customer Segments
Our end market will be all adults capable of using smartphones. But our ideal customers are middle-class higher educated city families actively thinking about their finance, freedom, and retirement.

Our customers most likely won’t trust, enjoy, or use technology freely outside of their career life. Network growth through offering a great product and affiliate benefits will be one of the channels for growth. It’s also worth keeping in mind that we will target middle-class people who often seek education and the latest news. Thus increasing awareness through online news outlets or LinkedIn may be an excellent place to advertise our services. We can also give out brochures outside of traditional banks and have booths during family festivals or events to explain how they can benefit and how our app works.

We will help customers evaluate our organizations’ value proposition by showing them our best available offers on our website.

Our service will be mostly used through Electron built desktop app or inside of a browser. Our customer base won’t be using phones as their preferred way of seeking financial help. Thus developing a good desktop solution will be our priority.

Customer Relationships
We will build a help center with videos explaining every detail of the service, but we will also allow our customers to contact us through emails and chat. And for the more significant users through the phone.

Revenue Streams
At the MVP level, the fintech would earn money by recommending certain bank’s services by aggregating the best risk-free investing offers into one app using APIs or inputting it manually. You would be able to register for any investment without leaving the app. The app would include offers such as earn up to 13% APY on Silver in the next two years, or we give you your money back. These kinds of offers are already popular, so I am sure they could be created or aggregated from other banks.

During the later developments of the app, different futures could be added, such as peer-to-peer lending. Anyone can register to receive a credit, but then we verify them, and then our customers can choose which people they want to lend money to, and we money-back guarantee their loans as does Mintos.

Key Resources
The company’s most valued resource will be our software and data. Followed by people that will be improving the software and making sure it follows all the regulations. And at last agreements with companies and permits.

Key Partners
We will have to raise money, so some of our partners will be shareholders providing financial support, as well as we may need to partner up with expert developers to develop responsive software. Besides that, we would need to partner with API aggregators and individual banks.

Key Activities

  1. Find a founding partner/pay for the developers.
  2. Create an MVP that would only compare other risk-free investments and choose the best ones for the customer.
  3. Raise money.
  4. Increase the team size, add customer support, and continuously improve the product.

Cost Structure

  1. Customer acquisition - most expensive
  2. Development
  3. Legal Work
  4. Server
  5. API costs
  6. Customer service - least expensive

In the link below, you can find a very helpful read I found while researching how to do the Business Canvas Model better:,far%20right%20of%20the%20canvas.


@cincinnato Amazing! Well done :clap:

Maybe we will join forces in the future. :smile:


Hope so! Thank you! :grinning:

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Offering insurance to plant enthusiasts to encourage urban indoor and outdoor gardens

  1. People are renting homes on a yearly basis payment in the Middle East . most of the time the payment model is pretty unfair to the tenant. They will have to pay an amount of equivalent to 15 months of rental at once.
    I am creating an app which people can list their properties and people whom are looking for a house can find places on the app.
    Then the deposit amount which in most cases is over 3000 USD will be added to a liquidity pool. during the one year the deposit will make a return.
    Once the duration is done then the profit will be shared between the owner and tenant, if the there any damages on the property then the owner can claim for damages and if the claim is correct the damage cost will be deducted from the deposit amount, otherwise it will be sent to the tenant.

  2. Online, websites, youtube, social media, influencers

  3. everyone who is looking to rent a place

  4. listing the property

  5. Social media advertising through influencers

  6. Marketing and development of the application in fact will have the highest cost

  7. Investment opportunities, tenant and owner do not need to trust each other.

  8. agents and developers. it is a more robust and fast way to find customers. also they can always monitor and track the house pricing.

  9. investors, licensing, advisor, team


Good idea. Don’t forget seeds and gardening supplies! Grow tents, lights, timers, growing media, climate control, harvest equipment, nutrients, test tools. I’m a home gardener myself :slight_smile: You could also provide a service for helping obtain a licence for medical cannabis patients.

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I can’t share this information publically

My Fintech proposition involves some established and less established players already in operation & so I cannot go into too much detail as I aim to realise it this year

Value Propositions

Build a Financial & Lifestyle super initially aimed at the underserved, more affluent Retail but also Coporate sector of the market but not exclusively so & generate enough “quality business” and AUM to expand the offering out to be one of global financial inclusion.

UN SDG focus & financial crime fighting edge to be incorporated

Core product stacks to include:

Payments, FX accounts & cards, REDACTED (use case), REDACTED (use case), Wealth app, income to bea earned through REDACTED (method)

REDACTED use case (requiring proprietary tech with on patrner in current dialogue)

Cyber-security & monitoring of global physical assets

Lifestyle convenience & benefits offerings

Educational services on financial literacy & wealth management

Customer Segments

Initially, high end HNW/UHNW and Corporate clients in the context of B2C, B2B

This will incorporate some B2B2C elements with Corporate customer branding, and powered by the new brand e.g. on Card offerings - use these offerings to onbard customers who wish to use the app

Boader customer base - generate revenues and profits through more profitable customers to build broader structures (requiring more costs) that will enable this offering to cater to a global market


Initial customer base will be affluent professionals, businesspeople, and mid-size to large coporates…

These people will be reached to scale initially through partbership to white label card services of existing B2C businesses with high value customer.

On boarding of Retail and Initial customers will focus on use of digital media (Adwords, Social Media acquisition channels, lead generation - & some key brand partnerships that have wide appeal)

Customer Relationships

Enable the highest quality of customer care, customer protection, customer choice & flexibility

Develop chat function that is monitored 24/7

Establish multi-lingual call centre in low-cost region to deal with unique cases

Revenue Streams

Payments & standard FX services will generate fees (full transparency to end user)

(REDACTED description) and asset conversion fees will be higher (full transparency to end user) & justified by unique propositions; other revenue services here to be rev-shared based, using BAAS integrated solutions

Ancillary fees through complementary / premium features including lifestyle & social elements (these will be from merchants and corporations, not from end users)

Key Resources

There is a great deal of proprietary tech already in place & this is a partnership route

The partnership strategy will establish relationships between medium-sized entities that will also incorporate services of 1 or 2 larger entities, that are all complementary

The combined resources there (IP, existing services, new technology that is being fine tuned) will keep development costs low… However there will still need to be additional developer resource & funds for marketing raised through public and also private means

Key Partners

Partners will need to be complementary such as to fulfill all of the above criteria (without naming them)

The likes of Refinitiv/Salv (for an edge in terms of proactive FinCEN activity) & likewise a Datia/Doconomy player (to lead in terms of SDG objectives & EU taxonomy compliance edge), all to be explored. Seek to incorporate lifestyle service providers within Super App (per AliPay & Tinkoff). Establish relationship with both traditional and crypto based API aggregators

Key Activities

Allow partners to use existing capital to scale existing products

Fund raise for new , innovate aspects of the offering under separate SBU

Run new activties as a speed boat initiative (engage digital marketing)

Incoporate new activities into pre-existing prodct services

Collate within one new super app…

Cost Structure

  1. Development & integrations of technologies
  2. New head of compliance with partner A
  3. Upgrade regulatory licensing
  4. API costs outsourced
  5. Customer acquisition through partners
  6. Digital marketing
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  1. People are renting/buying property here in Malaysia . Sometimes the barrier to entry is rather steep as the deposit is usually 2.5months upfront. This is especially tough for people who were just starting to work as myself.

The app would be a P2P between the landlord and the tenant. Perhaps a decentralized way of tokenising property would work. Where one property can be bought by several people.
2. Online, websites, youtube, social media, influencers
3. Young adults/first time house buyers
4. listing the property
5. Social media advertising through influencers
6. Marketing and development of the application in fact will have the highest cost
7. Investment opportunities, tenant and owner do not need to trust each other.
8. agents and developers. it is a more robust and fast way to find customers. also they can always monitor and track the house pricing.
9. investors, licensing, advisor, team.

Inspired by

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nicely thought out tool n well presented - thnx!

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Great tool thanks. Done offline.

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First of all I want to thank you guys for your good ideas, here is my project:

Name of the Project: Grace Banking

1. Customer Segments : Our customer target consists of two groups. The first includes all low-income, high-debt people. The second group includes migrant groups such as Afro-Europeans.

We have brand ambassadors as a customer segment as a further component, as we want to train and coach the next generation of financial service partners with our e-learning academy.

2. Value Propositions: The added value on which this project is based is that we give people in financial difficulties the opportunity to participate in the global financial market despite all situations through our Grace Ecosystem. Migrants usually have a hard time making the right decisions about their finances, as in most cases there is a language barricade that leads to the fact that many are over-indebted or never have the opportunity to understand how and what money is. On our platform, our users will be able to get fixed interest on their assets, lower their effective interest rates by an average of 64% on existing installments, credit cards and personal loans and at the same time allow them to participate in projects such as DeFicake, Compound, Aave and many other DApps.

On the other hand, as a Grace Banking Ambassador, everyone has the chance to form communities on top of our Grace EcoSystem. For this there will be a unique commission model that enables everyone to be rewarded not only for the newly recruited users, but also for future customer relationships.

3. Channels : Like many other fintechs, Grace Banking will mainly be present online, which is why we are making our EcoSystem available primarily for our app, available for all smartphone models.

For our Ambassadors there will be a separate app that will enable them to receive all data in real time so that they can manage all of their customers and partners.

Furthermore we will help customers evaluate our organizations’ value proposition by showing them our best available offers on our website.

4. Customer Relationships : Establishment of 24/7 customer support - available in various foreign languages. In the first phase we want to establish and build ties with the Afro-European citizen. With the global financial education available to our clients through our app, we hope our clients can trust us and our Grace Ecosystem.
Through our ambassadors, we hope that they will use our Grace Ecosystem to create new, financially strong communities that use our products on a daily basis.

5. Revenue : Any winnings are paid out in our created currency (Coin of Grace). Furthermore, 30% of the interest and profits that our customers will achieve/gain with our ecosystem will flow back into the ecosystem.
Our ambassadors are paid entirely in our currency and 30% of their sales go back to the Grace ecosystem.

6. Key Activities : -Composition of the team & agreements with API aggregators -Web & App development -Raise money -Ambassadors training platform -Add customer support -Legal work(er)

7. Key Resources : Our most valuable resource is our app that gives access to our Grace ecosystem. Followed by our ambassadors promoting mass user adoption and creating communities that will use our Grace ecosystem.

8. Key Partnerships : In order to keep our Grace Banking App ecosystem stable, it is important that we only cooperate with the best DApps. I have listed a few here, but they have not yet been determined.
-Cakedefi Compound -Binance -Badger DAO

-Fidor -openbankproject -adoriasoft

9. Cost Structure : - Development of website, app infrastructure and blockchain integration for our Grace Ecosystem (Coin of Grace) 20,000 €
-Legal Work 5,000 €
-Server 2,000 €
-API costs ~ 0 - <1,500 € per month
-Establishment of customer service 3,000 €
-E-learning platform 2,000 €

estimated cost: approx. 35,000 €

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Amazing! Would love to see it happen one day. :smile:

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Thanks @AdamFortuna , I’ll keep you guys updated.