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Binance — Bundle  ·  Jun 2021 – Dec 2021

Bundle Onboarding Redesign

Redesigning onboarding for a social payments app — boosting engagement by 27% and reducing churn by 30%

Bundle Onboarding Redesign

Role

Product Designer

Timeline

Jun 2021 – Dec 2021

Status

Shipped

42% of users were dropping off during onboarding. The product was losing people before they ever saw its value.

Between March and May 2021, 51,500 users attempted to sign up for Bundle. Only 29,800 completed it. The onboarding was too complex, KYC was confusing, and there was nothing in place for users new to crypto.

We didn't guess. We asked.

Using sign-up data combined with semi-structured user interviews, we grouped users into 3 cohorts based on where they dropped off. Each cohort had different pain points, so we designed solutions specific to each group.

User cohort analysis User interview feedback

Users grouped into 3 cohorts by drop-off point — each with distinct pain points and tailored solutions

One onboarding flow doesn't fit all crypto users.

Research showed users ranged from complete beginners to experienced traders. We introduced self-segmentation at the start of onboarding so the experience could adapt based on crypto knowledge level.

User segmentation during onboarding

Self-segmentation screens — users identify their crypto knowledge level and intended use so Bundle can tailor their experience from the start

Newbies needed a hand. So we built one.

For users who identified as beginners, we introduced a guided product walkthrough showing them what Bundle could do before asking them to commit to anything.

Bundle product walkthrough

The product walkthrough for new users — a guided tour of Bundle's key features triggered when a user identifies as a Newbie

KYC was the biggest drop-off point. We made it transparent.

We redesigned the entire KYC flow: adding upgrade tiers with clear benefits, multiple ID options, and plain-language explanations for why we needed sensitive information like BVN.

Redesigned KYC flow

The redesigned KYC flow — tiered account upgrades with clear benefits, flexible ID options, and transparent explanations for sensitive data collection

700K users. 1M downloads. The onboarding worked.

Bundle grew to over 700,000 users by May 2022 and hit 1 million downloads on Google Play the following month. Monthly transaction volume climbed steeply throughout.

Bundle growth metrics

User growth and monthly transaction volume after the improved onboarding launched

27%

Increase in onboarding completion

30%

Reduction in churn during onboarding

1M+

Downloads

700K

Registered users

Drop-off data tells you where. User interviews tell you why.

The combination of quantitative and qualitative research was the most valuable thing about this project. Numbers showed us the problem. Conversations showed us how to fix it.

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