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Building a retail bank that millions trust

BTG Pactual · 2020–2022 · Associate Design Director

Zero-to-one in one of the most competitive fintech markets in the world.

No product, no design team, no process — competing against Nubank, Inter, Itaú, and Santander from day one.

The business context

Before 2020

Investment bank

Institutional & ultra-HNW
No retail presence
No consumer product

2020 onwards

Investment + retail bank

High-income retail customers
Credit, banking & investments
Consumer product at scale

My contribution

The challenge

BTG was entering retail banking late, with no consumer design experience and aggressive time-to-market pressure. Target audience: high-income individuals who already had strong alternatives.

My role

Joined at discovery, stayed through launch and scale. Built the design org, defined governance and process, and partnered with Product and Engineering to shape both the experience and how the work got done.

BTG screens

How we worked

Design Strategy

01

Discovery
Research, strategy, competitive landscape

02

Team build
Hired & structured ~20-person design org

03

Launch
Core banking product shipped to market

04

Scale
Investments, PJ, insurance, credit card
concept

Three strategic bets

01

Social and financial management tool

We positioned the product beyond transactions — giving users genuine visibility into their financial lives. With Open Finance entering the market, this became a platform advantage, not just a UX differentiator.

02

Delight as a competitive strategy

In a saturated market, functional parity isn’t enough. An experience people genuinely enjoy drives retention and word-of-mouth in ways no acquisition budget can replicate. Every detail was a signal about the brand.

03

Resilient teams over feature factories

I pushed to build a design org focused on meaningful incremental improvement — not just velocity. This meant resisting pressure to staff for output and investing in quality, craft, and how the team learned over time.

Craft and experience framing

The visual adjustments implemented post-test, after the handover by the consulting firm, corrected flaws and major usability issues that negatively impacted the experience. These included the absence of a z-axis for implementing the surface, uncommon elements for users’ repertoire, and negligence regarding JTBD (Just-to-Be-Done).

My work was to show that it was possible to combine well-executed aesthetics with adjustments that the user understands and that ultimately affect the business process.

The product perspective from inside the machine is incomparable to the superficial layer that a consulting firm is able to see. After testing, visual refinement.

As part of our global strategy, we are dedicated to introducing financial products in a completely innovative and unique manner. In Brazil, as in many parts of the world, we operate within a highly competitive environment where the value proposition extends beyond the product itself. Customer choices are driven by exceptional experiences.

The concept of flat and minimalist design has evolved due to user preferences. The introduction of the Z-axis has been employed to enhance the usability of floating menu buttons. Although this deviates from the original design intent, it has become a necessary adaptation to meet user needs effectively.

Results · BTG Banking · 2020 → 2024

+340%

4.4×


Revenue since 2020
R$0.86B → R$3.78B

+250%

3.5×


Wealth under management
→ R$901B

+500 - 700%

5 – 7×


Customer base growth
3–4M → 20–23M

A delightful experience

User Experience

☆ 4.9 / 5


App Store · only bank above 4.9 for 5 consecutive years

Customer satsifaction

☺ 86%


NPS promoters (9–10 scores)

What drove this shift

BTG Banking retail
Credit & accounts
PFM
Benefits
Banco PAN integration
Investment products
Design culture and Collaboration

Product vision

Product vision is not declared — it is earned over time. Built by nearly 300 professionals, shaped by real usage, not assumptions.

Note

This case is not just about individual drafting and UI design; it involves much more, including design strategy, team management, design operation and design leadership. We had an incredible team of talented people working on these ideas, as well as a design studio in a collaborative production –  BTG Pactual Design Team and Consulting.

Credits and Acknowledgments

Special thanks to the professionals on the BTG Design team, with whom I had the pleasure of working and helping to bring this project to life, with a realistic perspective.

Design team involved in this project

 

Design, advanced craftsmanship, and putting the collective above individual ego. You are the best.

2026 © design by Julio Ferracini – São Paulo – Brazil
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