iban deck
TRANSCRIPT
“FIRST CROWDLENDING MARKETPLACE IN THE DOMINICAN REPUBLIC”
“FIRST CROWDLENDING MARKETPLACE CONNECTING EUROPE & LATAM”
iBAN connects lenders in Europe – looking for higher returns – and borrowers in LatAm – looking for lower interest rates
We operate in the UK and DR (2 cities) with a Colombia roll-out planned for the beginning of 2017
Achieved a break-even in DR with explosive growth 50% MoM.
We experienced success and product validation after completing three Crowdfunding campaigns in UK, Spain & France
Now raising US$250,000.00 in seed capital
WHAT IS iBAN FOR THE LENDER?
A web platform that matches sensible borrowers looking for low rate loans with smart lenders looking for high return
The opportunity to invest in
small businesses in developing countries.
iBAN provides customers with a fair rate, high liquidity and security.
Guaranteed against expected losses that may arise from borrowers defaulting on their loans.
iBAN: LEADING LATAM’S CROWDLENDING REVOLUTION
A web platform that allows customers to get instant approval.
Operations run based on a risk analysis calculated through a smart algorithm.
We facilitate the legalisation of the documents of our clients in a fast, flexible, and secure way.
Our technical team has developed a 100% in-house loans management software fully adapted to our necessities.
BUSINESS MODEL
RevenueStreams
Operational Cost
5% in platform fees
10% legal fees.10% in administrative fees.
Bank fees 2-3%.
Lender Acquisition Cost 2-5%
Contract cost fee 3%.
20-25% Financial income Spread between Borrower/Lender
Borrower Acquisition Cost 2-5%
SIZE OF THE CROWDLENDING MARKET
$0.5Bi raised
+USD $1Million raised since 2013 Valuation USD $760M in 2015 JP Morgan +USD $1 Million
raised since 2010 Angel.$150M Black Rock 2015.
10 Million US funding.2014 USD $774M location Amazon.
2013 USD $1Million .
2015 USD $250K Angel.
SIMILAR MODELS ARE BEING EXECUTED GLOBALLY, MANY VALUED AT HUNDREDS OF MILLIONS OF USD
Valuations $5.5Bi (NYSE))
GOING FORWARD, IBAN’S PRODUCT WILL CONTINUE EVOLVING BOTH IN OPERATIONAL EFFICIENCY AND NEW CUSTOMER FEATURES.
2018S2 2017
Operation & efficiency
Customer Features
# Borrowers: 100+# Lenders: 500+Acquisition cost of 8%
Integrated personal Financial Advisor
Personalised Budget featureExpenses featureFull new website
$250,000
S1 2017
# Borrowers: 500+# Lenders: 2000+Acquisition cost of 6.8%
Licenced and operating as an international payment gateway
Users can send & receive funds directly on platform
# Borrowers: 4000+# Lenders: 2000+Acquisition cost of 5.5%Total volume of investment:
$10,000,000
Release of fully functioning iBAN Wallet App
$2,000,000Funding required
iBAN HAS ALREADY ACHIEVED BREAK-EVEN IN ITS FIRST COUNTRY DOMINICAN REPUBLIC
iBAN EXPECTED EBITDA IN DR ( 5 YEARS)
iBAN FOUNDING TEAM
Founders Senior Team
Daniel Suero
MarcHurr
GlennysRosario
AndresWalters
WaltyCasilla
-Multimedia and design
DominicHurr
-Senior Web Designer
Mike Phillips
Co-founder& CTO
Co-founder & CEO
• Founder & CEO of Nuevo Sol
• CFO & Founder of LEQ• Mediolanum Bank• Frankfurt School of Finance
• Business Consultant• Rick Data Aggregation
Project• Data Migration Project • MENG Engineering
Mathematics
• Business Consultant• Forex Trading Process• CRM Workflow• Marketing Automation
• Full STACK Web Developer• Data Storage Architect• Mobile and Front-End
developer
Investor Relations Manager UK
Technical Lead
AlbertoPascualRisk Manager
• Consulting Agent• Risk Manager FX Savi
Trading• Analytical Controller
KarloPacheco
-Risk Analysis
Operations Manager
• Commercial Sales Dept. Manager.
• Collaborator in Casa Rosada Foundation.
+ 15 FTEs recruited from reputable companies
NEWS
NEWS
