In the financial sector, trust and clarity are everything. Yet, financial institutions often face a major communication gap.

 How do you explain complex financial products like insurance policies, investment options, or digital banking tools in a way that customers easily understand?

That’s where explainer videos for financial services come in.

By breaking down complicated concepts into simple, engaging visuals, explainer videos help financial brands build credibility, educate customers, and improve conversion rates.

In this article, we’ll cover:

The biggest communication challenges in the financial industry

How explainer videos solve these pain points

Tips for finding the right video partner

A featured look at MotionGility, an industry leader in creating financial explainer videos

FAQs on explainer videos for finance brands

1. Why Financial Brands Struggle to Communicate Effectively

Complex Financial Products Confuse Customers

 Products like mutual funds, credit scores, or insurance plans involve jargon and technicalities that average customers find intimidating.

Why does this happen?

Financial language often includes terms like “compound interest,” “liquidity,” and “portfolio diversification,” which can overwhelm a first-time customer.

Impact:

 When people don’t understand, they hesitate, and confusion quickly turns into mistrust. As a result, even the best financial products fail to convert.

Simplify Through Visual Storytelling

Explainer videos simplify these concepts using animations, infographics, and voiceovers. For instance, a 60-second animated video can visually explain how a savings plan works or how credit card interest is calculated, far better than a long text brochure.

Why this works:

Visuals improve information retention by up to 80%

Videos humanize the brand

Customers are more likely to take action after understanding the value

2. Customer Trust and Transparency Challenges

Lack of Emotional Connection Reduces Trust

In finance, trust is currency. But traditional marketing materials,  PDFs, charts, or lengthy presentations, rarely connect emotionally with the audience.

Why does this happen?

Financial institutions tend to focus on logic and numbers rather than storytelling and empathy.

Impact:

Customers feel disconnected. They see the institution as “just another bank” rather than a brand that understands their financial goals.

Use Emotional and Visual Narratives

Explainer videos combine visuals, relatable characters, and clear messaging to humanize your brand. For example, a bank can use animation to show how its mobile app helps a young family save for their child’s education,  instantly making the story relatable and authentic.

Benefits:

Builds emotional engagement

Increases credibility

Improves brand recall and trustworthiness

3. The Digital Transformation Challenge

Difficulty in Promoting Digital Financial Products

As financial services move online, from mobile banking apps to fintech platforms, institutions must explain new technologies to audiences unfamiliar with them.

Why does this happen?

 Digital products require user education. Without clear communication, customers won’t adopt them.

Impact: Low app downloads, poor onboarding, and weak customer engagement.

Solution: Use Explainer Videos for Digital Adoption

Explainer videos can visually walk users through app features, login processes, and benefits, turning confusion into confidence.

For example: A fintech company can create an animated video showing how users can invest in mutual funds through their app in just three steps.

Results:

Faster product adoption

Better user experience

Increased customer retention

4. Marketing and Conversion Gaps

Traditional Marketing Lacks Engagement

Financial brands still rely heavily on static ads and text-heavy landing pages that don’t hold audience attention.

Why does this happen?

Financial content often prioritizes compliance over creativity, making it dry and uninspiring.

Impact:

 Low engagement, poor click-through rates, and weak lead generation.

Drive Conversions with Video Marketing

Explainer videos outperform text and images when it comes to engagement. According to research, landing pages with video can increase conversion rates by up to 80%.

Financial brands can use explainer videos to:

Introduce new services

Explain key features

Showcase client success stories

Build stronger connections across social media and email campaigns

How to Choose the Right Explainer Video Partner

When it comes to financial communication, not every video production company fits the bill. Here’s what to look for when selecting your explainer video partner:

Industry Understanding:

 Choose a company that understands financial products, compliance, and target audiences.

Experience in Animated Storytelling:

 Look for a creative team skilled at simplifying complex concepts into engaging visuals.

Proven Portfolio:

Review their previous work for banks, fintech firms, or insurance companies.

End-to-End Service:

The right partner should handle everything,  from scripting to animation to final editing.

Data-Driven Approach:

 A professional agency should align videos with measurable business goals like conversions and engagement rates.

Featured Company: MotionGility

When it comes to creating explainer videos for financial services, MotionGility stands out as a trusted creative partner.

Who They Are:

MotionGility is a leading explainer video production agency known for helping global brands like HDFC Bank, ICICI Bank, and Cipla simplify communication through powerful storytelling.

What Makes MotionGility Unique:

Deep expertise in finance, SaaS, and technology sectors

Tailored video strategies that align with client goals

2D & 3D animation experts who bring complex ideas to life

Proven track record of improving engagement and conversions for financial clients

How MotionGility Helps Financial Brands:

From onboarding tutorials to digital campaign videos, MotionGility crafts content that educates and inspires.

 Their focus on clarity, creativity, and conversion makes them the perfect partner for banks, fintech startups, and financial institutions seeking to strengthen their visual communication strategy.

Conclusion

The financial industry thrives on trust, and trust comes from clarity. Explainer videos make it possible to communicate complex ideas simply, visually, and memorably.

Whether you’re promoting an insurance plan, a fintech app, or an investment service, explainer videos can help your brand educate, engage, and convert like never before.

So, if your financial brand is ready to build trust and boost engagement, it’s time to let videos do the talking.

FAQs on Explainer Videos for Financial Services

1. Why are explainer videos important for financial institutions?

Ans: They help simplify complex topics like investments, insurance, and banking, making them more understandable for customers.

2. What types of explainer videos work best for financial services?

Ans: Animated videos, product walkthroughs, and motion-graphic explainers are most effective for visualizing abstract financial concepts.

3. How long should a financial explainer video be?

Ans: Ideally, between 60–90 seconds — long enough to educate, short enough to hold attention.

4. Can explainer videos increase customer trust?

Ans:  Yes. By clearly explaining how services work, videos establish transparency and build credibility.

5. What is the cost of making an explainer video for finance?

Ans: Costs vary depending on animation style, length, and complexity, typically ranging from $1,000 to $ 10,000.

6. How can financial brands use these videos in marketing?

Ans: They can be used on websites, landing pages, YouTube ads, social media, email campaigns, and onboarding guides.

7. Which company is best for making explainer videos for finance?

Fintech explainer videos are concise, engaging, and visually appealing animated videos designed to convey complex financial concepts in a clear and straightforward manner. By utilizing a mix of compelling visuals, concise narration, and motion graphics, fintech explainer videos break down intricate financial technologies and services into easily digestible content.

The Power of Visual Storytelling

In the digital age, attention spans are dwindling, and traditional forms of communication are becoming less effective. Fintech explainer videos address this challenge head-on by harnessing the power of visual storytelling. The combination of visuals and audio creates a dynamic and immersive experience that captures viewers’ attention and keeps them engaged throughout the video.

Simplifying Complex Financial Concepts

Financial technologies and services can be intricate and difficult for the average person to understand fully. Fintech explainer videos, however, simplify these concepts by using clear language and relatable scenarios. Whether it’s explaining blockchain technology, cryptocurrency, robo-advisors, or peer-to-peer lending, these videos make even the most complicated ideas accessible to all.

Building Trust and Credibility

In the finance industry, trust is paramount. Fintech explainer videos contribute to building trust and credibility by presenting information in a transparent and easy-to-understand manner. The use of visual aids, graphics, and data visualization instills confidence in viewers, making them more likely to trust the products or services being offered.

Enhancing User Experience

User experience is a critical factor in the success of any fintech product or service. By incorporating fintech explainer videos into websites and apps, businesses can significantly enhance user experience. These videos provide a quick and informative overview of the offerings, helping potential customers grasp the benefits and features without having to read lengthy texts or navigate through complex web pages.

Reaching Wider Audiences

Fintech explainer videos have the unique ability to transcend language barriers and reach audiences worldwide. By translating the videos into different languages, financial institutions can expand their global reach and cater to diverse markets. This opens up new opportunities for growth and expansion, even in regions where English might not be the primary language.

Creating a Lasting Impact

In the digital era, content is constantly vying for attention, and only the most memorable leave a lasting impact. Fintech explainer videos are designed to be memorable and shareable, making them ideal for social media platforms and viral marketing. When viewers find a video engaging and informative, they are more likely to share it with their network, amplifying the message and increasing brand visibility.

Conclusion

As fintech continues to drive innovation in the finance industry, the importance of effective communication cannot be understated. Fintech explainer videos have emerged as a powerful tool for conveying complex financial concepts in a simple and engaging manner. By leveraging the power of visual storytelling, these videos not only educate but also build trust and credibility for financial institutions and startups alike.