Product Management Interview: Fintech Case Study

Hey Guys! So I was just looking at my stats that which stories were liked and read by most of my readers and it seems that everyone seems like read through and practice case studies. So again, I am here to bring one example case study ! I hope you like it!

Fintech Cae Study : (Credits: Toptal)

Fintech Case Study

Scenario:
You are the Senior Product Manager at a fintech company. Your team is tasked with launching a new credit scoring feature to help users better understand their financial health and improve their eligibility for loans or credit cards.

The required features:

1. Provide a real-time credit score.
2. Educate users on the factors affecting their scores.
3. Suggest actionable steps to improve their creditworthiness.

Constraints:

• Launch within 6 months.
• Comply with all relevant regulations in the regions you operate.
• Collaborate with internal stakeholders (data science, legal, marketing, engineering, design) and external partners (credit bureaus).
• The feature must be available on the app (mobile and web).

Questions:

1. How would you approach defining the scope and prioritizing features for this initiative?
2. How would you ensure compliance with financial regulations across regions?
3. What metrics would you track to measure the success of this feature post-launch?
4. How would you handle a delay from an external partner providing credit data?
5. Describe a go-to-market strategy for this feature.

How should you go on with this case study?

Lets get started with rough answer..

1. Defining Scope and Prioritizing Features

Approach:

• Understand user needs: Conduct user research (surveys, interviews) to identify what users expect from a credit scoring feature.
• Define MVP: Focus on features that provide the most value with minimal effort, e.g., displaying the credit score and basic…