Cutting acquisition cost 38% for a consumer fintech while doubling verified sign-ups
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FintechEgypt20258 months

Cutting acquisition cost 38% for a consumer fintech while doubling verified sign-ups

Performance overhaul for a savings-and-investing app: funnel instrumentation down to KYC completion, bid strategy rebuilt around verified users instead of installs, and Arabic-first creative that finally spoke to the market.

-38%
cost per verified account
2.1x
verified sign-ups per month
26%
install → KYC completion (from 9%)
+64%
90-day depositor retention
The Challenge

Nileworth was buying installs cheaply but bleeding money after the click: only 9% of installs finished KYC verification. Campaigns optimized to the wrong event, creative was translated English rather than written Arabic, and the CFO was weeks from cutting the growth budget entirely.

What We Did
  1. 01

    Re-instrumented the funnel so campaigns optimize to 'KYC verified' — the event that actually predicts revenue — instead of installs.

  2. 02

    Rewrote the entire creative library Arabic-first with dialect-correct copy, testing Egyptian colloquial against MSA per placement.

  3. 03

    Rebuilt onboarding with 14 CRO experiments; the winning variant cut KYC drop-off by half with progressive document capture.

  4. 04

    Introduced cohort LTV reporting so spend decisions were made on 90-day value, not day-1 cost.

The team optimized for the number that matters to our board — funded, verified accounts. Everything else followed.
S
Salma Ghanem
VP Growth, Nileworth
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