How We Helped Mintos Achieve 78% Lower Cost Per Verified User With a Multi-Channel Strategy

CATEGORY

PAID MEDIA/ PERFORMANCE CREATIVE

CLIENT NAME

Mintos

PLATFORMS

META/ GOOGLE DISPLAY/ TIKTOK/ PMAX

The Challenge

As a well-established investment platform, Mintos has no trouble converting users who already knew what they were looking for. Their Google Search campaigns did the heavy lifting by driving consistent, high-quality signups from people actively researching investment products.

‍

But as the brand looked to scale, the limits of a search-only strategy became a challenge.

‍

Cost per verified user on Google was rising, and reach was becoming stagnant. Search was still a strong converter, but it couldn’t deliver the broader brand awareness Mintos needed to unlock their next phase of growth.

‍

Continuing to rely solely on Google would cap scale and keep CPV high. Mintos needed a cost-efficient way to grow visibility, reach new audiences earlier in their journey, and protect performance at the same time.

‍

The Solution

If Mintos wanted to grow, the targeting needed to grow too. Opening the funnel without losing performance meant building a multi-channel strategy that combined awareness, intent, and efficient conversions.‍

‍

Making Google work harder with PMax‍

‍

Instead of switching off search, we proposed moving from standard Search campaigns to Performance Max (PMax).

‍

PMax is built for efficiency at scale: it taps into Google’s full network, allowing Mintos to reach potential investors much earlier than keyword-based targeting alone. This aligned perfectly with their goal of lifting brand awareness while keeping verified customers flowing in.

‍

We fed PMax with strong audience signals to guide the algorithm:

  • Excluding existing customers and using them as a signal for lookalike targeting
  • Layering Google’s intent-based audiences (people researching investment products)
  • Uploading themed keywords to signal relevant investor intent
  • Maintaining tighter age restrictions to improve quality

‍

This shifted Google from a pure BOFU channel to a more balanced performance engine, capable of delivering conversions and upper-funnel visibility.‍

‍

Scaling reach with Meta‍

‍

With Google restructured for efficiency, our next move was to introduce Meta as a core channel. Mintos had previously avoided Meta due to concerns about CPV, but for awareness-led scale, the trade-off made sense.

‍

Meta campaigns allowed us to:

  • Reach fresh audiences early
  • Build familiarity through visual formats
  • Retarget efficiently using Meta’s on-platform signals‍

‍

‍Adding TikTok and UGC to unlock new efficiencies‍

‍

To push scale further, we introduced TikTok to the channel mix.

‍

TikTok delivered significantly lower costs than Meta, making it ideal for top-of-funnel reach. It also opened the door for more creator-led experimentation, presenting opportunities to explore UGC.

‍

We adapted our TikTok strategy on a per-market basis to optimise results. 

  • Germany: This market was initially TikTok-heavy for prospecting, with Meta and GDN for retargeting, and PMax at the bottom of the funnel.
  • Spain: This market was Meta-led for scalable conversions, with TikTok being used sparingly, and PMax supporting lower-funnel capture.
  • France: A new market, where TikTok was used to drive cost-effective reach to increase awareness and supplement activity on Meta and Google.‍

‍

‍Building a true full-funnel ecosystem‍

‍

Across Meta, Google Display, PMax, and TikTok, we rebuilt Mintos’ paid presence as a full-funnel system, with each channel playing a defined role:

  • Upper funnel: TikTok awareness, PMax video/display
  • Mid funnel: Meta consideration, PMax cross-network placements
  • Lower funnel: PMax Search, Google Display retargeting, Meta performance-drive

‍

We also tested multiple optimisation levers:

  • €0 vs €50 vs €200 vs €500 signup bonuses
  • Enforced verification during signup (which outperformed post-login verification)
  • UGC creators, hooks, and narrative angles
  • Static concepts and design variations
  • Market-specific strategies for Germany and Spain

‍

The result was a campaign that stayed performance-led, but was no longer performance-limited.

The Result

Mintos’ paid activity is now a lot healthier across the whole funnel:

  • Cost per verified user dropped from €600 to €134
  • Verified conversion volume increased 7×
  • Conversion volume 600% as efficiency improved
  • Multiple channels now live and working together: Meta, PMax, Google Display, TikTok

‍

By moving from bottom-funnel only to a full-funnel, multi-channel strategy, Mintos now reaches the right people earlier, converts them more efficiently, and continues to scale month after month. 

600%

Conversion Rate

-78%

CPV

You may also be interested in…

Minted

CASE STUDY

Read more

Minted

CASE STUDY

Read more

Minted

CASE STUDY

Read more

Minted

CASE STUDY

Read more

Minted

CASE STUDY

Read more

Minted

CASE STUDY

Read more

You may also be interested in…

You may also be interested in…

Mintos

CASE STUDY

Read more

Mintos

CASE STUDY

Read more

You may also be interested in…

Hydr

CASE STUDY

Read more

You may also be interested in…

Minted

CASE STUDY

Read more

Minted

CASE STUDY

Read more

Minted

CASE STUDY

Read more

Minted

CASE STUDY

Read more

Catalyse your
fintech’s growth.

Building a fintech is hard—we make the growth part easy.
Let’s connect.

Talk To Us