[YS Learn] How True Balance built a robust MVP to enable gradual portfolio expansion The minimum viable product (MVP) plays a vital role in understanding customer needs and gives investors a sense of what the product can achieve with scale. But it is important to build the MVP frugally. Here's how fintech startup True Balance did it. 0 claps Share on In July 2014, Charlie Lee started True Balance in India as a mobile balance check app. Under the radar for the next three years, True Balance had one purpose: to become the number one financial platform for the next one billion Indians.