fortumo company overview 2015
TRANSCRIPT
10.02.2015
Company overview
• Founded in 2007
• Mobile operator billing in 88 countries
• Offices in Europe, US, China, India & Singapore
• Team of 70+ people
• Backed by Intel Capital & Greycroft Partners
Fortumo background
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Fortumo is the “glue“ for payments in
emerging markets
Developed Markets Model Emerging markets model
Content / Services
USERS
CARRIERS
USERS
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How does carrier billing work?
Integration: Your developer integrates Fortumo’s billing service with your product using either the HTML5,
API or SDK.
Purchase: Your users clicks to make a purchase, Fortumo checks which of its 300 mobile operators the end-
user is connected to and finalizes the payment with the operator
Settlement: The user then receives their purchased items or services, pays their phone bill at the end of the
month and after this the money is transferred to the developer
Developer
integrates
Fortumo
User
purchases
goods
Fortumo
processes
payment
User
receives
goods
Fortumo
pays
developer
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Improved coverage and conversion
Fortumo is used by…
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Payment experience on web
Step 1: User selects items for purchase
Step 2: User enters phone number (skipped for repeat
purchases – number is recalled from database).
Step 3: User receives PIN via SMS, enters it.
Payment confirmed, items transferred to user.10.02.20157
Payment experience on Android
Step 1: User selects items
for purchase
Step 2: User confirms
payment
Payment confirmed, items
transferred to user.
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Direct Carrier Billing API
For integrations and white-labeling that give you full control
over the payment flow and user experience
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Why Fortumo?
Global coverage in 88 countries
• Largest coverage out of all mobile payment providers: 80+ countries
• Widest reach through oneintegration
• Especially strong in emerging markets in Europe, Asia, Americas, Middle East & Africa
• 300 mobile operators plus group-level partnerships with Telefónica, Telenor, Vodafone and China Mobile & others
• Full overview of countries & operators:http://fortumo.com/countries
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Business model
End-user:
Full PriceMobile
Operators:
10-50%
Fortumo:
2-5%
Developers:
50-87%
* Percentages differ in each country, set by our contracts with mobile operators
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Next Steps• Set up an account at Fortumo.com• Integration • Fortumo coordinates approvals• Start making money
Questions: [[email protected]]
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