p2p cash deck 9-16
TRANSCRIPT
Donald Chapman [email protected]$600 Billion Market
“Saving Millions of Consumers,Billions in Money Transfer Fees”
September 2016
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Company Highlights
• $600+ Billion Global Market
• FREE Money Transfer to 2+ Billion Bank/Mobile Accounts
• Contracts With Partners in 60+ Countries; Pipeline for 120+
• Live Platform Deployed and Ready To Scale
• “Smart Token” over Blockchain Architecture - Patent Pending
• $2.5 Million Invested to Date
• World Class Management Team
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Global Money Transfer Problems
• High Fees for Consumers (~8%+)
• Slow Delivery Timeframes
• Extremely Inconvenient to Retrieve Cash, especially in Rural Areas
• Incumbent Providers Lack Incentive to Improve (Western Union, Banks)
• Highly Fragmented Global Market
• New Discounted Fee Entrants DO NOT Add Value other than Lower Price
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The P2P Cash Solution
• Free Money Transfer with Free Mobile Wallet and MasterCard
• Addresses both Major Consumers Concerns: Cost and Convenience
• Real-Time Global Mobile Money Transfer over Secure, Encrypted Platform
• Powered by “Smart Token” over Blockchain Technology
• 69 Countries, over 2 Billion Bank/Mobile Accounts
• Proprietary P2P Cash Network Aggregates SWIFT, MasterCard Networks
• Ultra Low Clearing Costs and Least Cost Routing (“LCR”) Engine
• Compliant with SWIFT, SEPA, ISO 20022 Settlement and Identity Standards
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Differentiated Consumer Model
• Free Mobile Wallet: Extends financial inclusion to 2 Billion Un-banked. Builds credit history. MasterCard option enables online purchasing.
• Trusted Agent Network (TAN): “Uber-Banking” model turns corner retailer into corner banker. Convenient Cash IN/Cash OUT services to Consumer.
• The Lowest Cost- FREE: Smart Tokens create Competitive Pricing Advantages:• No competitor can undercut our Price • First mover to “FREE” –Becomes inherent to marketing the P2P brand • Massive Global aggregation of consumers
Enables cross-selling for value added banking services (lending and insurance) Big Proprietary Database - enables extraordinary insights into Un-banked consumer
Multiple Disbursement Channels: Smart Tokens enable routing to both bank and 3rd Party mobile wallets: MPesa, AliPay, Smart, GCash, etc.
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Low Risk Revenue/Profit Model
Margin1-4%
Partners
P2P
P2P Buys Currency at Discount • Buys at Wholesale Bank Rate• Delivers at Retail Rate• Very Little FX Risk- 1-2 Days Max
Discount Currency Margin: 1%-4%• Varies Country to Country
Currency Discount is P2P Revenue• Splits Margin with Bank and
Distribution Partners
P2P Avg. Net Profit = ~1%
Revenue
BuySell
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Competitive Matrix
*Patent Pending **Potential Verifone Locations
P2P Cash Banks Western Union TransferWise BitCoin
User Transfer Fees Zero 10% 10% 2%-5% 1%-2%
Direct Deposit to MWallets Yes No Limited No Yes
Secure Token Technology Yes* No No No No
MWallet Integration Strategy Yes No No No Yes
Retail Locations** Yes Yes Yes No No
White Label Mobile Wallet Yes No No No No
AML/KYC Compliance Yes Yes Yes Yes No
Cost Structure Low High High Mid Mid
Delivery Timeframe Instant 2-5 days 0-2 days 0-2 days Instant
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Tokens Uniting Global Networks
Smart Tokens Bridge Banks to Emerging Blockchain Network(s)
Smart Tokens Verify, Encrypt Identity and Assets into a Single Master Token*
Master Tokens Routed over ANY Global Network: SWIFT, MasterCard
• Only the Designated Recipient can De-Crypt the Transaction
Smart ID Token- Potential Global ID Standard*
• Checks All Counterparties Against Global Blacklists
• Supported by Major Global Identity Companies
• ID “Blockchained”: Updated and Encrypted in Blockchain Format
* Based on ISO 20022 Standards
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World Class Team
Tom Meredith, CEOFinancial Services/Telecom Entrepreneur, Stanford Engineer, MBA Harvard
Morris Mwanga, CTOBuilt Kenya’s Largest Currency Exchange, CISSP Security Certified
Kern Lewis, VP Marketing American Express, World Savings Bank, Stanford, MBA Harvard
Peter Carruthers, VP Banking & FX Operations25 years FX Risk Management Expert (Citi, Credit-Suisse, RBS), Fordham MBA
Donald Chapman, VP Business DevelopmentFinTech Exec with experience launching payments platforms, MBA Babson College
Advisory Board• Leonard Schrank: Former CEO SWIFT•Brian Smith: Former General Counsel MasterCard, Office Comptroller & Currency (OCC)
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Financial Summary
Free Money Transfer and Smart Loans Generate (2020)$ 144M in Revenue*$ 98M in EBITDA
$10M Series A RaiseCommencing in OctoberCash Flow Positive - 2017
$1.5M Convertible Bridge LoanLead Investor IdentifiedNationwide ExpansionLaunches Largest Market- Mexico
*Based upon $50 Customer Acquisition Cost
Donald Chapman [email protected]$600 Billion Market
“Saving Millions of Consumers, Billions in Money Transfer Fees”
Tom Meredith, [email protected]