Case Study · Penny · Financial Companion for Near Prime Customers

"Looks like you're going to struggle", designing the moment financial stress meets empathy

A retail giant asked if it could become a financial services company. The research said yes, but only if we designed for protection, not freedom. This is the story of what happened when we listened.

Role

UX Designer and Information Architect

Client

London Agency · Retail Ecommerce Client · Financial Lending Vertical

Team

UX Designer, two UI Designers, UX Researchers, Creative Director

Outcome

Agency awarded full platform contract following pitch

The Finding That Changed Everything

The client thought more freedom would mean happier customers.
The research said the opposite.

Littlewoods was a household name in retail credit, buy now, pay later, for decades. But the market was shifting. Competitors were moving into financial services, open banking was emerging, and a growing, underserved group of near prime customers were falling through the cracks of both retail credit and mainstream lending.

The Spread the Cost Card, the product the client most wanted to build, was rejected by 10 out of 11 participants. Not because it was badly designed. Because it removed the barriers users had spent years building to protect themselves from their own impulses.

"Even people with the strictest regimen and budget have a hard time controlling themselves, especially with revolving accounts. People prefer the control to be in the hand of the retailer, so they are not given the choice to spend."

Research synthesis · 11 participants across Manchester and London

"Oh god! I would stay away from the card, otherwise I would go shopping! It would always be in my purse!"

HAD4, research participant
1,575
Survey respondents across the quantitative phase
4
Concepts tested, only one aligned
10/11
Rejected the Spread the Cost Card
8/11
Wanted refinancing at moment of need
11
In depth interviews, 2 cities

Design Principle

Design for protection, not access. For near prime users, guardrails are the feature, not an obstacle to it.

Four propositions: reception of Refinancing, Open Banking, One Account and Spread the Cost Card.

My Role

I joined after the research.
My job was to turn findings into a product.

UX Designer and Information Architect

The research phase was complete when I arrived. Two UX Researchers had run 11 in depth home interviews and a YouGov quantitative survey of 1,575 British consumers across 23 potential features, using an Opportunity Score model to identify the largest gaps between what users needed and what the market was providing.

Near prime customers, those with limited access to mainstream credit, returned an average Opportunity Score of 9.07, against 7.55 for all interest payers. The audience was underserved. The data confirmed it. I was brought in at the point where insight had to become architecture.

Two technical moments carried a disproportionate amount of trust: Open Banking and KYC. They were not just requirements to complete. They were moments where users would decide whether Penny understood their situation, respected their privacy, and was safe enough to continue with.

  • Synthesised the existing qualitative and quantitative research and aligned it with four behavioural personas
  • Facilitated a Design Thinking workshop with client and internal stakeholders
  • Ran an internal scenarios workshop to identify the core user journeys across the full app experience
  • Conducted a card sort with 6 participants over 3 days to understand how customers looked for products and solutions in the app
  • Mapped all user flows across all journeys and the Profile retention layer
  • Created wireframes across all three feature areas, working alongside two UI designers building the brand book and design system
Opportunity score summary used to compare proposition strength across the research findings.

The People We Were Designing For

Four personas. One shared truth:
they needed guardrails, not freedom.

The research team developed four behavioural archetypes from the interviews, defined not by demographics but by three variables: ability to plan ahead, risk taking tendency, and knowledge of credit. I used them throughout the design process as lenses, not labels. Every decision went through them.

Tempted Struggler

Needs: External guardrails

She is in her overdraft most months, uses retail credit for daily expenses, and knows she should not always spend but cannot always stop herself. She wants the product to carry some of that responsibility for her.

Independent Juggler

Needs: Flexibility

Income fluctuates weekly. Some clients pay late, some do not pay at all. He uses credit as a buffer, not a spending mechanism, and manages his finances with meticulous weekly budgets.

Responsible Controller

Needs: Shared control

Makes financial decisions jointly with her husband. Pays all her bills on the same day so she always knows what is left. Values transparency, dislikes surprises, and wants to adjust payments as circumstances change.

Cautious Saver

Needs: A path forward

Credit averse by temperament, but she needs a mortgage and that means building a credit history. Wants to use credit carefully, track her progress, and improve, not just manage where she is.

People experience debt, use and repay credit in different ways. The research showed that variation was best explained by three variables: ability to plan ahead and state of finances, risk taking capacity, and knowledge of credit.

Independent Juggler

"I do my budgets weekly. £100 go to the banks for the bills per week. But if someone does not pay me at the end of the week, then I need to move things around."

Responsible Controller

"I pay my bills all at the same time so I know how much I have left to spend for the rest of the month"

Tempted Struggler

"Life is for living. I am telling myself I am responsible but I am not the best. [...] I know I have to stay home but I can’t cut on my social life, so I’ll get a drink with friends over the weekend."

Cautious Saver

"You get credit for a reason. If it was for a car, or a holiday (...) otherwise you are tempted to spend it for anything and everything."

Aligning the Business with the Research

Two workshops. One shift in direction.

I facilitated a Design Thinking workshop with the client to put the research findings on the table alongside the business pressures: growth targets, competitive threats, and the need to justify investment in a new vertical. This was not a presentation. It was a working session with findings on one side, business constraints on the other, and the task of finding where they could meet.

By the end, we had alignment. The app would not be about giving users more freedom. It would be about giving them support at the right moment, in the right way.

With direction agreed, I ran an internal scenarios workshop to identify the key moments where Penny's help was most needed. We narrowed to two journeys that captured the core tension of the project, one reactive and one proactive, alongside a third retention layer that would keep users engaged over time.

Product Team Design Thinking Workshop
Discovery and Onboarding Requirements Workshop
Onboarding First time use verus Return Use Scamping Session

The Card Sort

The assumptions we had not yet tested.

Six participants. Three days. The results were clarifying. We used the card sort to understand how customers grouped financial needs, where they expected to find help, and what kind of product or solution they would look for after onboarding.

That mattered because the app was not just a set of journeys. It needed an architecture customers could recognise at the moment they were deciding what to do next. If users could not see where a solution belonged, the product would feel like another financial system asking them to decode it.

The card sort showed which concepts belonged together, which decisions needed guidance, and where a customer would expect to go after onboarding. That gave the app a clearer destination: not a dashboard full of financial terms, but a guided home for the next useful action.

The direction shifted. We were not just designing a financial app. We were designing a way to communicate.

Terms tested but not understood

APRRevolving creditRefinancingCredit limitVariable rate

Design Principle

Use the architecture to guide the next useful action. Help customers recognise the right route before asking them to choose a financial product.

CardSort Participant and Terminology Groupings
Cardsorts give us an insight into how the customer would catergorise the information for thier needs.
"

Conversation had to come before architecture.

The principle that changed the entire interface approach

Designing the Journeys

Two moments. One principle:
catch them before they fall.

Journey 1: Reactive

"Looks Like You're Going to Struggle"

A bill is coming. The user is short. How do we catch them before they fall?

This journey begins not inside the app but on the lock screen, before the user has even unlocked their phone. A notification surfaces: you are short for an upcoming payment. Open Banking makes that moment possible by helping Penny understand the shortfall before the user has to ask for help. The app opens to show the payment at risk, a borrowing summary, and one clear action: refinance. A single screen. A single decision. No jargon. No hidden fees. Just help, at the moment it is needed.

Open banking without leading with the name

The research showed that users were comfortable sharing banking data as long as they understood what they were getting in return. The design had to earn that comfort before asking for it. Open banking does its work in the background, experienced as better options shaped around the user's situation.

Journey 1 flow/Open Banking: Looks like you're going to struggle

Journey 2: Proactive

Onboarding and Needs Based Borrowing

A new user wants to borrow but doesn't understand APR. How do we educate without overwhelming?

This is not a sign up flow that happens to ask some questions. It is a structured, research informed process designed to bring a financially anxious user from first contact to approved borrower, or to turn a decline into a starting point. KYC sits at the most sensitive point in that journey: the moment a user is asked to prove who they are, share personal details, and trust that the product will not judge them. It ends with the user either set up and borrowing, or educated and equipped to improve their position.

KYC as a trust moment

Know Your Customer is a regulatory requirement. For many near prime users, it is also the moment they abandon a financial product entirely. Penny's KYC flow does the opposite of the cold standard pattern. The ID scan opens with warm, human guidance. The next screen shows details auto populated, with one clear CTA: "My details are correct."

Journey 2 flow/KYC: Onboarding Conversational Wireframes
Journey 2 flow/KYC: Onboarding, Sign up

The Design Principle That Tied Everything Together

Not a banking dashboard.
A personal companion.

The card sort showed that customers were not looking for products in the way the business described them. They were looking for help with situations: covering a shortfall, understanding what they could afford, or knowing what to do after onboarding.

A data led interface assumes users can interpret financial information and act on it. Our users needed the product to organise decisions around recognisable moments of need. Once that was visible, it changed the information architecture, the copy direction, and the structure of every journey.

So instead of presenting data, we asked questions. Instead of menus, we offered choices. Instead of dashboards, we built dialogues. Instead of treating rejection as a terminal state, we made it the beginning of a different conversation.

The conversational tone: sample interactions

First things first. What can I call you?
⚠ Looks like you're going to struggle with your Friday payment. Want us to help?
What can I help you with? I need to understand how to reduce my interest.
We cannot approve this right now, but here is where you stand, and here is how to change it.
Conversational UI: Ask Penny

Validation

Testing confirmed the direction.
Users refined the details.

✓ Validated

Conversational tone received as genuinely empathetic. Users consistently described Penny as feeling like it was on their side, not corporate, not selling.

✓ Validated

Stay on Track seen as help, not restriction. Users who expected to feel constrained by spending controls instead felt supported by them. The framing made the difference.

✓ Validated

Rejection and credit score education turned a dead end into a path forward. Participants who were declined felt the interaction was fair and constructive, the opposite of most lending experiences.

△ Refined

User choice over what to refinance. We initially had the system select which payment to refinance. Users asked for this control themselves, unprompted. They had better knowledge of future purchases than the algorithm did.

△ Refined

Refinancing usage limit added. Users asked for this guardrail themselves, unprompted. They wanted protection from their own potential overuse of the feature.

The Outcome

The concept proved the business case.
The agency won the contract.

01

Full concept pitch

Complete flows demonstrating a cohesive financial companion experience for near prime users: reactive crisis support, structured onboarding, and a credit coaching retention layer.

02

Client approval

The design proved that near prime users could be served with empathy, and that empathy was commercially viable.

03

Full contract awarded

The agency was awarded the broader project to design and develop Littlewoods' full financial lending vertical.

Wireframes/Dashboard journey once signed up exploring what content woudl be inportant on first and future visits
UI/Dashboard journey once signed up showing financial summary, upcoming payments, credit coaching and Stay on Track status.

What I Carry Forward

Five things this project made certain

01

Guardrails are a feature, not a limitation

Users with financial vulnerability have spent years building self protection strategies. Removing those barriers does not liberate them. It exposes them. Design that respects their boundaries is design that serves them.

02

Architecture is a trust signal

If users cannot find the kind of help they are looking for, they will not trust the product. The card sort taught me to test how customers understand solutions before committing to an IA direction.

03

Conversation lowers barriers

A conversational interface does not just feel friendlier. It helps customers move from a situation they recognise to a route they can act on. Guiding users through questions gave them a path forward without asking them to diagnose the product category first.

04

Rejection is an opportunity

The Needs Based Borrowing journey turned loan denial into education. Showing users their credit score with local context and an improvement path transformed a dead end into a route.

05

What I would do differently: run the card sort first

The architecture question surfaced later than it should have. Testing how customers looked for products and solutions before wireframing would have given us more runway and challenged the structure before we had committed to it.

In Closing

This project was not about delivering screens.

It was about a retail giant asking a question: can we become a financial services company? The answer was not in features or flows. It was in understanding that for the people we were designing for, help meant something specific. Not more freedom, but better support for the freedom they already had.

The research told us what to build. The card sort told us how to speak. The conversational design that emerged from both gave near prime users something most financial products had never offered them: a product that seemed to be on their side.

We gave them guardrails. We gave them conversation. We gave them a moment of empathy when they needed it most. In doing so, we proved that design could open a door to a new business, not by selling, but by listening.