Fintech · Virtual cards

From $15 to $6.50 per lead while scaling 6x

A virtual card product offering unlimited cards, 3% cashback, and zero hidden fees needed to find the right audience and the right message - fast. We tested landing pages, ad copies, keyword match types, and campaign types across 5 markets, cracked Nigeria as the breakout market, and scaled spend from $2k to $12k/month while cutting cost per lead by 57%.

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9-month egagement
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Virtual cards · Fintech
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$2k → $12k/month
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5 markets
what I WAS working with

Problems and solutions

The client had a compelling product but no paid acquisition playbook. They didn't know which keywords would attract buyers rather than browsers, which landing pages converted, which campaign types suited a consumer fintech product, or which markets were worth the spend.

WHAT WAS BROKEN
No keyword strategy - no data on which queries attracted buyers vs. browsers
No landing page clarity - multiple page variants with no test data on which converted
No campaign type direction - Search, DemandGen, and PMax all untested
No conversion tracking - GTM not set up, conversion events not defined
No market data - 5 countries live with no performance split to identify winners
Cost per lead at $15 with no clear path to improvement
WHAT WE BUILT INSTEAD
Structured keyword testing across match types (broad, phrase, exact) - to find high-intent, low-cost queries
Landing page A/B testing tied directly to conversion data - eliminated underperformers fast
Phased campaign type rollout - traffic bidding first, then conversion-based once data matured
Google Tag Manager setup with all necessary conversion events defined and verified
Country-level performance tracking - Nigeria identified as breakout, budget concentrated there
CPL driven from $15 to $6.50 through iteration and budget reallocation
By the numbers

Results at a glance

Starting with no clarity on which keywords, campaign types, or markets would convert, every metric below came from systematic testing - not guesswork. This is what disciplined iteration looks like in a sensitive financial category.

-57%

Cost per lead

$15 → $6.50

6x

Ad spend growth

$2k → $12k/mo

5

Markets tested

profitable ones found

3

Campaign types launched

Search, DemandGen, PMax

BEHIND THE CAMPAIGNS

See the work behind the dough

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"We had the product but no idea how to make Google Ads work for us. The keyword testing alone changed everything - we finally understood what our customers were actually searching for. Nigeria was a market we almost didn't prioritise, and it turned out to be our best one. Getting cost per lead from $15 to $6.50 while tripling the budget - that's what we needed."

VC
Virtual Cards Team

Virtual debit & credit cards

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