European Finance Observatory

Concept · Brief definitionRelevant to you

Minimum viable product (MVP)

A minimum viable product is the smallest version of a product that can be released to real users to test whether it solves their problem and is worth further investment. In regulated finance, an MVP still has to meet all legal and control requirements for its scope.

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Roles that need it

This is a brief definition. A full explanation with a worked example is being written.

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Sources

Updated 31 Oct 2026.