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Fintech Startup that best understands basics of the finance

Givtech Co., Ltd.

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200% Annual growth rate with P2P Loans on the center

While Fintech start-ups are getting close attention on a global scale, many still raise concern about building specific revenue models

2


The biggest client for Fintech is financial business

3

Financial business has its roots back to the distant past and has always adopted new technology

Clay tablets were used to record accounts of goods involved in a transaction over 5000 years ago in Mesopotamia

Financial institutions are bolstering on partnership with Fintech startups

* Data: LG Economic Research_Fin-tech Reports_2015.06

Joint Venture M&A

Adopted BBVA, OnDeck’s loan appraisal system to improve small &mid sized business loaning (‘14.5)

M&A BBVA and Simple by 117 Million Dollors (‘14.4)

Established Joong-an Insurance by collaborating with Alibaba, Tencent & Ping-an Insurance (‘14.2)

Acquired 49% shares Barclays. RainFin(‘14.3)

Business tie up with Santander, Funding Circle (’13.7)

Acquired Sber Bank, Deniz Bank by 350 Million dollers (’12.6)

Fostering Venture Launched own service

Wells Fargo Operated venture fostering program for Fintech Startups (‘14.8)

Commonwealth Bank launched Property Guide” app, using augmented reality

HSBC raised fund up to 200 million dollars to invest in Retail based Fintech startups (‘14.5)

Bank of America provided Cash back service to regular customers adopting Cardlytics technology

UBS operated Fintech fostering program “innovation Spaces’ (‘14.5)

Garanti launched mobile app offering individual targeted services using GPS & Location based SNS


Our Assets

4

Givtech has strong manpower

2 Initial public offering

7 Business foundation

3 S t a r t u p E x i t

5

6

We brag about Strong network infrastructure&

Various experiences from leading financial institutions

We brag about Strong network infrastructure&

Various experiences from leading financial institutions

7

Seung-ki Kim

Directed Card issuer and financial company targeted payment business & Smart bankingLaunched Korea’s first NFC(Deferred transportation card) service (2008)- Former Executive Director

at Paybank- Former CEO at Hana Bank- Experience working 5

financial institutions

Sales experience at Card issuer, Financial Institution, VAN.Managed Smart Card & Payment business partnershipIncluding IC card

- Former Head pf Headquarter at Paybank, Executive Director at Hana Touch, and 3 other businesses experiences

Former Marketing Manager at Piezo in charge of foreign B2B department for ultrasonic motor development.

Handled Strategy department for electronic stamp based O2O service

- Former Head of Headquarter at Paybank. inc

Korea’s No.1 top patent holderFormer CEO at Biz Model Lin. Co., Ltd

Founded Security based tech firm(Full-stack)

Dong-in Lim

Java, C+, PHP(Full-stack)

Rancho Noh

Founded 3 startups Successfully exited 2 businesses

Jinmi ChoiDesign Manager

Iven Han

B.A. of Political Economy At California Univ. Berkeley

CEO Strategy Manager

Daniel Kim

CMO

Yongseok Kwon

CTODevelopment Manager

Byung-jin Kim

CFO

Jae-hyung Kim

CPO

Experienced startups ecosystem 3 times

Network + Coding + Design + Marketing + Patent experts


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1. General Status

Corporate Name: Givtech Co.,Ltd

CEO : May. Kim

Address : 130, Gwangnaru-ro, Seongdong-gu, Seoul, Korea

Founding Year : November 2015

Capital : $300,000.

Members: 11 crews as of 2016

2. EquityStructure

CEO : 51%

Biz Model Line: 30%

2 Private investors : 19%

Fintech company that best understands the basics of finance

[Electronic Document] [E-Sign & Smart OPT] [Machine Learning & Application Service]

3. Main Business


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Patents of Core Source Technology

[ Patent of WirelessAuthentication System ]

[ Patent of E-doc based I.O.U ]

Possession of Two patent licenses

“ Core Source Technology ”

[Extension of registering defense patents]

Currently holding 16 defense patents including E-notaryExpected to hold up to 50 by the end of 2016

[Earned patent technology license]

Patent of Core Technology

Prevent possiblePatent disputes


10

Fast response & Strong Securitythat ensure convenience and safety

Powerful security through Block-chain based Hash tree

① Validation of the data sent from the system② Verification of whether particular files are altered③ Maintenance of security with updated data④ Reduced time for receiving node & matching

data block that allows quick response


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Developed Korea’s first PKI based ECC algorithm solution for E-certification

Business tie up with Korea University for developing Security Smart Card Applet

• ECC Algorithm

• E-sign & Key creation

module

• OTP Certificate module

Smartphone App

• E-sign Module

• OTP User Interface

Module

Secured Safety & Scalability

Applied International standard RSA&ECC(E-sign + OTP linkage)Server Module

• Linkage between PC

& Smartphone for E-sign

service

Launched B2C business model remittance platform“Doorian” as of May 31, 2016

12

13

58.9%

48.1%

14.0%

65.1%Involved in money changes with acquaintances

Used I.O.U

Devastated relations after money changes

Failed to get borrowed money collected

*Data : 나는 돈이다. 떼인 돈 받아드립니다_아시아경제_2015.10.22

[ Number of mistaken remittance by each bank ]

2013년1월 ~ 2015년 8월금융감독위원회 보도자료_2015.0914504829건(단위: 건)

[ Current state of P2P affairs in Korea ]

Institutionalizing P2P finance to reduce damages

Recipient-confirm based remittance system preventsmistaken remittance & Voice fishing

201,991199,292 199,126

174,635 173,342

Woori NH Combi Shinhan KB NH

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Any Countries, Any Business Models is NOT Differences

Invoice ReceiptContract


15

B2C online payment giants Start to get into B2B Online payment markets

E-documentproviding method

Invoice O O X

Receipt O O X

IOU(B2C) X O O

Contract X O X

Certificate sending method

E-mail O X X

On-line X X X

Mobile X O X

In APP X O X

Remittance process method

On-line O X O

Mobile O X O

E-mail O X O

In APP O O O


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Capture Asia-Pacific, the strongest e-commerce region.

* Data: Accenture and Alibaba joint investigation report_2015.06

The global cross-border e-commerce market will balloon in size to around $1.1 billion in 2020

The growth rates are expected to keep up average 27.4% from 2014 to 2020

In particular, Asia-Pacific region will account for 48% marketmarket share by 2020

Cross-border e-commerce market trends(2014-2020)

1,3561,565

1,7751,942

2,0932,234

2,400

233

304

400

530

676

826

994

2014 2015 2016 2017 2018 2019 2020

in-country

Cross-country

14.6%

16.3%

18.4%

21.4%

24.4%

27.0%29.3%

Cross-country share



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E-document based remittance service is “Unique”


Category

Doorian Toss Yellow Pay Kakao Pay Naver Pay

Remittance methodAvailable by typing phone

numberAvailable by typing phone

numberAvailable by typing phone

numberAvailable among Kakao users

Available by typing phone number & Naver account

Subscription Requirement

O(Recipient should register) X(optional) X(optional) O(Recipient should register) O(Recipient should register)

App installationRequirement

O(Recipient should sign-in) X X X O(Recipient should sign-in)

Account registrationRequirement

X X X) XO(Recipient should register

account number)

putting money on the app requirement

X X △ O(Except a few banks) X

Account number based remittance

X O O O X

Mistaken remittancePrevention

O X X X X

ARS authenticationrequirement

X(Only when registering account)X(Only when registering account) O(Every time send money) X(Only when registering account)X(Only when registering account)

Direct sendingVia chat window

O(Available in Doobisu only) X X O(On Kakaotalk window chat) X

Weakness

Available for NH user only Low transfer limits (up to $300) Low brand awareness Low transfer limits (up to $100) Few Associated bank

Hard to receive money if don’t have commercial bank account

Hard to receive money if don’t have commercial bank account

Frequent errors Takes a day to receive moeny


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Our mission is to establish “credibility” in financial service


[ Sender ] [ Recipient ]

Easy to send with check Recipient bank account

Remittance process is completed after recipient confirms

Remittance process is safely saved inCertified E-Document Authority


Doorian modularizing ecosystem Make a stable Profit Structure

Sales Goal Securing Domestic referenceEntering into Indonesia, Singapore,

Hong-kongSecuring overseas partners more than

one at each category

Total $860,790 $13,135,032 $91,100,640

In house(finance)

sales $792,000 $7,200,000 $27,120,000

Construction Cost $720,000 $6,480,000 $24,000,000

Maintenance Cost $72,000 $720,000 $3,120,000

Partners1 Bank, 1 Card Company,

1 Insurance Company15 Banks, 5 Card Companies,

7 Insurance Companies45 Banks, 5 Card Companies,

50 Insurance Companies

ASPSales $9,600 $16,000 $1,600,000

Partners 4개 20개 2,000개

SLSales $59,190 $5,919,032 $62,380,640

Partners 10개 100개 10,000개

2016 2017 2018

$860,790

$13,135,032

$91,100,640


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Open API strategy to expand partnership

Business tie up with NH Fintech Open Platform Business tie up with Webcash (in discussion)


21

Securing financial reference & active users through NH Bank

NH All-one Bank (Under discussion) “NH Cook ”(Under discussion) NH Dr.Collector(Under discussion)

NH Mobile Bank Platform “NH All-One Bank”Will be released on Sep 2016

NH Private operator service “Dr.Collector”Will be released on May 2016

NH mutual finance mobile bank(Released the second half of 2016)

NH Fintech Innovation Center’s first mentoring startup, “Givtech”


Managing alumni communities in Korea, OK alumni leads approximately 2,000 alumni groups andthose involved with financial service are between 30s & 50s in there age,accounting for 78% out of the entire user base.

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Expansion of users by utilizing “OK Alumni,”Korea’s No.1 alumni managing solution


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Doorian can be applied to any remittance based businesses

[ Easy House Keeping] Fee-charge service through Doorian service

[ Funded ]E-contract & sign based remittance service application

[ Beyond Platform ]E-contract & sign based remittance service application

[ Art reset ]Art appraisal service and payment system through Doorian service

Art appraisal platformTrusted P2P Loans”30CUT”

Trusted P2P loans”FUNDED ”

House Keeping bookplatform


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Doorian can be applied to any remittance based businesses

Givtech

Management& Law

P2PInvestment

[Business grouping on affiliates ]

Givtech

Tablet

WebApp

O2OService

ConnectedApplication

Partners

M-EDS

EnterpriseApplication

FinanceService

Certificate of Service

IoT


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We aspire to become No.1 partner for the world’s electronic contract based online payment service

“


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B2C Model : Safeguard connection based P2P transaction

Secure users at early stage with target message of each serviceOnly legal process can guarantee payback

Seems

pathetic to

ask

Just forgot

Etc

29.3%

28.3%

22.8%

5.4%8.0%

6.2% 80.4%Failed to take back

*Data : Recognition of how humans deal of money_Easy Survey_2010.11

As Asian countries have a characteristic of transaction culture among friends and relatives, institutionalizing connection based P2P transaction will open a blue ocean market Main Target

Those struggling to collect borrowed money

Sub Target Those can’t even think of

paying off

1) Secured more than 2.7 subscribers in the process of 1 certificate exchange

2) Linked transaction to remittance service after certificate was sent occurs via notification of principal repayment

3) Additional subscribers can be attained via vital loop structure4) Secured data that demonstrate creditor protection and certificate.


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B2B Model : structured ecosystem through service modularization

SI ASP SL

Details

System Integration Application Service Provider Service License

Taking over after building system that reflect our request

Sales of service and implemented solution

system

Profit sharing after applying implemented

solution

ProfitModel

Construction Cost Monthly rent Profit share

Maintenance cost

[Progress method & Profit model][Module structure example]


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Prevent financial risk with data-driven analysis

Deep-dive analysis

Portfolio management

compliancemonitoring

EDM securitymanagement

Cash flowmanagement

Service datamonitoring

Leverage monitoring

Risk monitoring

Due diligence

Training of personnel in

financial service

Hedging(risk

managing)

remittance/exchange service

monitoring

Finance Risk HedgeS e r v i c e G r o u p

“By revitalizing money flow and securing personal credit data,

We are soring as

본 문서상 기재된 내용은 당사의 영업비밀로서 보호되고 있음을 받아보시는 분들은 충분히 인지합니다

현금

딥 다이브분석

포트폴리오관리 및 감독

규정 준수모니터링

EDM보안매니지먼트

현금 흐름매니지먼트

서비스 데이터모니터링 및 분석

레버러지모니터링

리스크모니터링

실사

서비스관련담당자 교육

Hedging(리스크 방지)

송금/환전 서비스모니터링 및 분석

Finance Risk HedgeS e r v i c e G r o u p

“누락되어 있던 금전 흐름과개인신용 데이터를 바탕으로

금융서비스들의 리스크를

발견하고보완하며관리하는

으로 비상할 것입니다.

사업 목표

Safe remittance, I.O.U service

Digital notary, evidential document

Build up related services that lawyer and tax accountants provide

• Issue & manage invoice• Link ERP system• Issue & manage private and corporate promissory note• Issue & manage E-registration & Certificate

• Analysis of Big data• Deep Learning• Private financial service via Robo Advisor

Enhance consumer credit rating service

• Establish Open API Ecosystem• Offer various services aligned with B2B, B2C, C2C

• Establish One Stop Service from remittance to litigation

Become Finance Risk Hedge Service Group

Givtech will pave the way for reliable method of transaction ecosystem with its clear roadmap


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A business roadmap for turning potential into reality

BUSINESS

2016 2017 2018

B2B Sales

- Network & Partnership

- Utilizing NH Fintech Center’s

Infrastructure

Solution Optimization

- E-sign , E-document

Solution Optimization

B2C Marketing

- Expansion of user-base and

service linkage via secured

B2B Customers

Market Standardization

- Soaring as No.1 E-document

based remittance service

Overseas expansion

- Targeting Offshore markets

with Asia Pacific area on the center

after ensuring domestic reference

(B2B focused)

Credit Rating Business

- Offering Credit rating service

based on Big Data

31

Our ideas for MJS

The innovator in accounting and management systems


32

Service linkages between COOCON API& E-document based Remittance system

국내은행거래정보 해외은행거래정보 카드사거래정보 증권사거래정보 보험사거래정보 국세청/기타정보

전자문서기반송금플랫폼 안심송금서비스 전자차용증서비스

COOCON GIVTECH

Can leave “Evidential document” when businesses transact funds and loansCan provide “credibility” when dealing with financial commodities such as bond & insurance.

Synergy


33

Service linkages between mobile based ERP service &E-document based remittance service

1. Givtech’s service – Safe sending(remittance), E-document(1) Data collecting from financial transaction & E-document reference(2) Utilizing CMS to establish B2B revenue model(3) Various business tie ups with Kaneko, Free biz app services with Doorian

to set up C2C/B2C revenue models and expand Mobile & Fintech businesses

2. Companies that Miroku have invested1) Webcash(1)Securing accounting data including credit card usage and bank account by adding Web scrapping technology(2)Establishment of COOCON scrapping center to expand & Strengthen Japan/Korea business infrastructures

2) Rsupport(1)Turing from Web-based ERP to Mobile-optimized ERP service by streamlining complicated processes


34

Thank you본 문 서 상 기 재 된 내 용 은 당 사 의 영 업 비 밀 로 서 보 호 되 고 있 음 을 충 분 히 인 지 하 여 주 시 기 바 랍 니 다 .


35

Appendix_1. Extension of Open API in Financial sectors (July 2016)

S.Korea claimed to support Open platforms allowing for Fintech-optimized ecosystem

OpenAPI

TestBed

Product

Supporting Development

SupportingTest

Finance relevancyCheck up ↑

BankAPI

IBAPI

Test Tools

Test Data

Fintech Open Platform (Open API + Test Bed)

Use Use

Fintech Business Fintech business

[ Fintech Open Platform Architecture ]


36

Appendix_2. Challenge from 1st generation in Fintech

)

Launched Korea’s first NFC based payment service (2006)

Co-branded (KB, Shinhan, BC card) to activate the usage of RF/IC deferred payment service

Exclusive models (Hana Touch) National basketball player Seunghyun Kim,

Joosung KimFamous billiard player, Yooram Cha


37

Appendix_3. Reference

Paypal.Me Alipay ver.9.0

Launched Paypal.me service on 2015.09

Main Features

- intermediary service for P2P loans

- Offering individualized URL protocol

to Paypal users in transacting

- Currently used over 18 countries including USA, Germany,

UK, Canada, Australia and Switzerland

→ Not available in Korea

Launched Alipay 9.0 on 2015.07

Main Features

- Ant Financial aimed at making local services more

accessible through O2O&e-commerce.

- addition of Friends tab, which contains social functions

such as messaging, an instant money transfer button so

people can pay each other electronically, and an IOU tab

allowing users to keep track of friendly loans.

fintech startup that best understands basics of the …...* data: accenture and alibaba joint...

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