Crafting Fintech Brand Positioing to make it the right business investment

Release Date:

Feb 22, 2024

Feb 22, 2024

Feb 22, 2024

Stage

Startup

Startup

Startup

Industry:

Fintech, B2B SaaS

Fintech, B2B SaaS

Fintech, B2B SaaS

Service

Brand positioning, ICP definition, GTM strategy, and customer acquisition.

Brand positioning, ICP definition, GTM strategy, and customer acquisition.

Brand positioning, ICP definition, GTM strategy, and customer acquisition.

Executive Summary

Viropay, a fintech startup from Europe, set out to help businesses reduce software subscription expenses by identifying unused seats and unnecessary subscriptions. While their product solved a clear problem, they lacked clarity on their ideal customer profile (ICP) and how to effectively communicate value to them. Iaculus stepped in to help them identify their buyer and user personas, refine their brand positioning, and develop a GTM strategy. As a result, Viropay saw a noticeable increase in lead generation, improved customer retention, and established a clear path for future growth.

Executive Summary

Viropay, a fintech startup from Europe, set out to help businesses reduce software subscription expenses by identifying unused seats and unnecessary subscriptions. While their product solved a clear problem, they lacked clarity on their ideal customer profile (ICP) and how to effectively communicate value to them. Iaculus stepped in to help them identify their buyer and user personas, refine their brand positioning, and develop a GTM strategy. As a result, Viropay saw a noticeable increase in lead generation, improved customer retention, and established a clear path for future growth.

Executive Summary

Viropay, a fintech startup from Europe, set out to help businesses reduce software subscription expenses by identifying unused seats and unnecessary subscriptions. While their product solved a clear problem, they lacked clarity on their ideal customer profile (ICP) and how to effectively communicate value to them. Iaculus stepped in to help them identify their buyer and user personas, refine their brand positioning, and develop a GTM strategy. As a result, Viropay saw a noticeable increase in lead generation, improved customer retention, and established a clear path for future growth.

Executive Summary

Viropay, a fintech startup from Europe, set out to help businesses reduce software subscription expenses by identifying unused seats and unnecessary subscriptions. While their product solved a clear problem, they lacked clarity on their ideal customer profile (ICP) and how to effectively communicate value to them. Iaculus stepped in to help them identify their buyer and user personas, refine their brand positioning, and develop a GTM strategy. As a result, Viropay saw a noticeable increase in lead generation, improved customer retention, and established a clear path for future growth.

Brand Strategy for Fintech by Iaculus
Brand Strategy for Fintech by Iaculus

Goal

Goal

Goal

Goal

Defining ICP and Clear Brand Positioning for Market Penetration

Viropay’s primary objective was to identify their ideal customer profile and establish a brand positioning that resonated with both buyers and users.

They needed clarity on who would pay for their software (buyers) and who would actually use it (users), to create targeted messaging that demonstrated clear ROI to buyers and ease-of-use for users.

Problem

Problem

Problem

Lack of Clarity in Target Audience and Value Communication

While Viropay’s product solved the pressing issue of software subscription waste, they struggled to communicate this value to the right audience.

Their team didn’t have a well-defined ICP, buyer persona, or a clear understanding of who would benefit most from their solution.

This lack of clarity led to inefficient marketing and sales efforts, which hindered their ability to scale and retain customers. Without a clear audience, their messaging was ineffective, and their go-to-market (GTM) strategy was not well-formed.

Strategy

Strategy

Strategy

Strategy

Crafting Targeted Personas and a Differentiated Brand for a Focused GTM

Iaculus began by conducting workshops to identify Viropay’s buyer and user personas. We analyzed which industries and roles had the most need for Viropay’s solution and would derive the most value.

By separating the buyers (typically CFOs or procurement managers looking to cut costs) from the users (team managers and IT departments tasked with managing software subscriptions), we aligned the value propositions for both groups.


We then refined Viropay’s positioning, highlighting their solution as a strategic asset for businesses looking to optimize software expenses and improve operational efficiency.

Through this, we created messaging that spoke directly to the pain points of both personas—giving users easy ways to manage subscriptions, while showing buyers how much they could save.

Our work extended to their GTM strategy, where we mapped out the companies and markets where Viropay would be seen as a "must-have" rather than a "nice-to-have."

Services Provided

  • Brand positioning

  • ICP definition

  • GTM strategy

  • Customer acquisition strategy

  • Brand Differentiation

  • Brand Messaging

  • Web Experience Strategy

Results

Results

Results

Results

Improved Lead Generation and Customer Retention through Focused Positioning and GTM

Through this brand strategy overhaul, Viropay was able to significantly improve lead generation by targeting the right companies with the right messaging. Furthermore, customer retention improved as their clear value proposition helped retain clients who saw immediate cost-saving benefits from the platform.

By creating targeted acquisition strategies and aligning Viropay’s brand with market needs, we ensured they were positioned for continued growth and market leadership in the fintech SaaS space.

Brand Strategy for Fintech b2b by Iaculus
Brand Strategy for Fintech b2b by Iaculus

Testimoney

Testimoney

Testimoney

Testimoney

Jerry van der Horst

COO and Co-Founder at Viropay

We came in contact with Arcui to discuss branding, positioning, fundraising and growth. During our meeting, Arcui provided us with great insights on the topics above which immediately gave us new ideas on scaling Viropay. If you are struggling with brand positioning, growth or fundraising Arcui is the guy to connect with! 

We came in contact with Arcui to discuss branding, positioning, fundraising and growth. During our meeting, Arcui provided us with great insights on the topics above which immediately gave us new ideas on scaling Viropay. If you are struggling with brand positioning, growth or fundraising Arcui is the guy to connect with! 

We came in contact with Arcui to discuss branding, positioning, fundraising and growth. During our meeting, Arcui provided us with great insights on the topics above which immediately gave us new ideas on scaling Viropay. If you are struggling with brand positioning, growth or fundraising Arcui is the guy to connect with! 

We came in contact with Arcui to discuss branding, positioning, fundraising and growth. During our meeting, Arcui provided us with great insights on the topics above which immediately gave us new ideas on scaling Viropay. If you are struggling with brand positioning, growth or fundraising Arcui is the guy to connect with!