The Payment Solution for Planet Earth

From the $27B remitted

to the Philippines last

year, $15B went to

payments

$15B25 different countries

Cross-border Billing

( CNN – “What is driving the Philippines' surprisingly strong growth?”)

Cross-Border Billing

Mortgage Payments

More than 60% of properties sold in the

Philippines are purchased by expats.

Mortgage lifespan is 10-15 years with

perpetual payments on association dues.

Insurance/Social Security/Pension

Majority of expats still plan to retire in the

Philippines, so they continue to contribute

for their retirement and security.

Tuition Fees

Many support immediate and non-

immediate relatives to go to school.

Healthcare Expenses

Support for ageing parents for

maintenance, medications, checkups, &

emergencies.

Mortgage

Tuition

Problem: Cross-Border Billing60% of all real estate properties in the Philippines are owned by overseas workers,

and there is a big problem for overseas owners in paying their mortgage.

Currently there is no way for most expats to pay their mortgage directly from abroad. So

they have to send money to another person through a money-transfer service and hopes he

actually makes the payment every time. This has caused numerous problems between

families.

Current Solutions

• Customers leave post-dated checks for when payments are due.

• Checks may bounce if the bank accounts are not funded in time.

• Need to continuously fund the local bank account in the

Philippines

• Transfer money to relatives to pay on your behalf.

• No cross-border platform for bill payments.

• Terms and Conditions forbid people to use them for payments.

Indirect Payments

• Allows direct payments by partnering with property developers.

• No presence in the US and other major expat markets.

• Payments made manually by filling out payment forms at physical

offices overseas. No online credit-card or ACH options.

• No invoicing, auto-pay, or recurring billing services.

Direct Payment

Post-dated Checks

(Post-Dated Checks)

Recurring BillingAPI for Integration Invoice Generator

Solutions – Product Functionalities

Payments aggregation

will allow Institutions to

be able to set-up an

account and accept

credit card payments

using our API with ease.

We provide white-

labeled service to

partners for seamless

payment experience.

This will allow our

partners to send

invoices to any email

and receive payments

from anywhere in the

world via credit-card and

ACH bank-to-bank.

This will enable large

businesses and

institutions to collect

payments via recurring

invoice or auto-

payments from their

clients overseas.

Solutions – Strategic Partnerships

Our processing capabilities allows us to collect payments from anywhere in the world.

Funds are distributed to businesses and institutions through our localized banking partners

PROCESSING DISTRIBUTION

Credit Cards

ACH Transfers

1,700 bank branches

12,000 payout centers

User Friendly Forms

Recurring BillingInvoicing Auto Pay

Money Transfer iRemit* Check

Qwikwire VS. AlternativesCross-border Payment Collection for Real Estate Developers

Qwikwire

YesDirect Collection No Yes Yes

Auto-Pay

Invoicing &

Recurring Billing

Online Payment-

Credit Card & ACH

No No

Yes

Yes No

No No No

Yes Yes No No

Access to US and

Global MarketsYes NoNoYes

Share & Save is the first sales lead

generating tool embedded in the payments

process flow. This tool has gained intense

interest with property developers because

next to payments, sales lead generation is

their biggest challenge.

Launching - Share & Save Tool

• Additional revenue source

• Uses Facebook feed

• Free for property developers

• Two way discount structure

• Regularly scheduled ad posts

Share & Save

How it works – Receive an Invoice

Customer will

get an invoice

via email. Then

they will click

the “Pay Now”

button.

Payment Page

After

logging in,

they will be

redirected to

a payment

page.

Payment Page

Yes!- ₱100.00

No- ₱0.00

Do you want a ₱100.00 discount on this bill? Agree to post this ad on Facebook.

After

clicking the

“Pay Now”

button, they

will see this

pop-up

AXIS Residences

Location: Gateway Garden Heights, Pioneer Street

• Only 15,000 a month• No down payment option• Near mall and subway station• Great schools nearby

Get a P20,000 discount on your purchase by clicking this link.

Ad Post

The property developer uploads all the contents for the

ad post. They can choose whatever property they want

to promote

Commission Structure

Buyer = $400

= $4,000

Poster = $400

$80K

At 6% commission from the sale, Qwikwire makes $4,800 and shares it with poster

and buyer.

$5.6BMortgage Payments

Market Size: Philippines in 2015

x$400

Avg. Monthly

mortgage

1.2MEst. Overseas

Property Owners

Addressable Markets - 2013

Healthcare, Insurance, and Tuition Payments

$9.6B

$12.5BTotal Property Sold in the Philippines per year

+ 2.5%

FX Spread

2.9%

Credit Cards

5.4%

Revenue

=

Revenue Model - Billing

$810MPotential revenue

from billing in the

Philippines alone

6%

Broker/Agent

Commission

$12.5BReal Estate

Sales

=

Revenue Model – Share & Save

$750MPotential revenue from

sales commissions in

Philippine real estate

Agent

Commission

$810MBilling

Revenue

=

Revenue Potential – Real Estate/Billing

$1.6BPotential revenue in the

Philippine billing market

$750M

-Closed a deal with 5 property

developers to build their payments

collection platforms in 3 weeks

(20,000 units)

Traction

- and partnered with these banks:

Team

● Started MoneyTran, an online money-remittance service for Filipino expats

● Know-how in regulations and industry money logistics

Ray Refundo

Team Lead

● 12 years experience in fintech & payments related platforms

● Projects - PDIC, Central Bank of the Philippines, Western Union

Bing Tan

Tech Dev

● Finance & Accounting background - Senior Auditor at Deloitte

● Industries - Media & Telecom, Venture Capital, SaaS, Gaming

Scott Yu

Finance

Investors & Advisors

Founder of Searchfuse & Investor to Y-Combinator startupsJon Edward Santillan

#1 accelerator in SE Asia. Vast network of industry expertsJFDI Accelerator

Marketing Strategies – Acquiring Users

Partnerships with property developers and insurance companies

collecting bill payments from abroad as a white-listed service will

allow us to gain instant access to millions of existing customers.

Very effective conversion with online merchants. Online merchants

have dozens of groups in social media platforms.

Will allow us to gain credibility to first time users doing research

on our service.

Will be most effective to merchants who have already signed-up.

Referral bonuses and other incentives to share the service will be

regularly sent.

Direct Partnerships

Email Campaigns

Publicity & Blogs

Social Media and SEO

Risks Mitigation

Systems Risks

SSL Certification and PCI compliance combined with industry

standard system security will minimize the risk that the

application will be damaged from attacks.

Transactional Risks (Fraud)

The system is not open to non-white listed merchants and

businesses, minimize transactional fraud to occur.

Regulatory Risks

Partnerships with larger and regulated institutions will most likely

dampen the impact from any changes in the laws.

Market/Competitive Risks

We will remain stealth by providing a white-labeled service for

our real estate clients. In addition, having an open dialog with

our clients will help us understand their process and create

value beyond direct collections.

Raising – $400,000

Payout Cash Reserve

• This will not be expensed but will only serve as reserve between

pending transactions and actual payout

Product Development

• Current team plus hiring 1 more back-end engineer & 1 front-end

developer$83,000

General Administrative & Operations

• Founders’ living expanse allowance

• Office staff, customer service, marketing team salaries

• Hosting, Utilities, Office lease and other expenses

Sales & Marketing

• Sales & Marketing staff will mainly consists of interns. Meal & travel

expenses will be paid for. Contractor salary will be offered after

internship based on performance)

• Sales awards & commission

• Marketing / Advertising & Sponsorship expenses

$35,000

$170,000

$50,000

Licenses & Other Fees

• Regulatory compliance atty. fees, AML & KYC compliance, bonds

• Upgrading our underwriting account with partner banks in the US

$20,000

2014 2015 2016

Number of R.E. Developers* 3 6 10

Number of Condo Units* 11,278 45,768 79,571

Transaction Revenue $ 2,022,790 $ 8,209,076 $ 14,272,053

FX Revenue $ 1,246,090 $ 5,057,001 $ 8,791,951

Total Revenue (U$D) $ 3,268,880 $ 13,266,077 $ 23,064,004

Cost of Processing** $ 915,286 $ 3,714,502 $ 6,457,921

Sales & Marketing*** $ 23,760 $ 47,360 $ 127,360

R&D Expense $ 64,800 $ 194,400 $ 464,800

G&A $ 143,880 $ 143,880 $ 250,480

EBIT $ 2,121,154 $ 9,165,935 $ 15,763,443

Financial Projections

**This includes payment to the underwriting banks for credit cards and ACH transactions. Gross margin is at 72%.

* There are almost 350,000 existing and under construction condominium units in Metro Manila. This market size represent only a

fraction of real estate market in the Philippines. Figures are from Colliers Report for real estate in prime locations in Metro Manila.

Although these figures does not represent total available residential stock in Metro-Manila, it should be sufficient to give us a solid

and conservative outlook. In addition, about 30,000 new units are built and added to the market each year.

CNN - Why are more foreigners buying condos in Manila?)

***Sales & Marketing expenses mainly consist of Meal & travel for interns. Salaries are under G&A expenses