wishround
TRANSCRIPT
Social payments and group purchase engine for e-commerce
We bring social layer to payment process
How it works
Merchant places the button to the products page and adds Wishround as a payment option
1
User creates a nice looking landing page with the back-link to partners site and shares the wish
2
How it works
Friends chip-in easily. We use “one click chip-in“ after first usage
3120
How it works
User choses Wishround as a payment option. Pooled money transfers to merchant
4
How it works
How it works
If there is not enough money to purchase the item user is offered to pay the rest or get a consumer credit
5
Benefits for e-‐commerce
Trigger Friend-to-Friend marketing
2Add social activity layer to sales
1
Cut the cost appeared with returns
4 Discover customers special occasions
5 Increase sales of high-ticket items
6
Acquire out of reach audience
3
Benefits for consumers
Combine budgets of different social groups
2Get bigger gift1
Give meaningful gift with reasonable cost
4 No time waste to choose the gift
5 No collecting cash
6
Easily get consumer credit
3
Drivers of success
7 days
1 item
Care
Lending
Time limit motivates users promote their wishes
Wish limit guarantee sale to in case of successful funding
Ongoing life-hacks increase chances of successful campaigns
We give it one more chance enabling consumer lending (coming soon)
Easy integration
Beautiful payment flow to drive additional sales
Checkout
Initiate the campaign from items page to guarantee purchase
Button
Security
PCI Service Provider Level 1
Effective anti-fraud measures
256bit protocol SSL v3
24/7 availability
Our partner Payline Inc has been audited by a PCI-certified auditor, and is certified to PCI Service Provider Level 1. This is the most stringent level available
All transactions are systematically analysed: risk assessment and behavioural rules based on the client's past spending patterns. Alerts and reports.
Wishround forces HTTPS for all services, including our public website All transaction has encryption and integrity: 256bit protocol SSL v3
Guaranteed 99.99% uptime Data center standard: tier 3
Competition
Geography
Market
Payments
Lending
International Poland France Germany
B2B2C B2B2C B2C B2C
Cards, Banks, PayPal, Bitcoins
Yes No No No
Cards, Banks Cards Cards
Consumers
White-collar workers
Closed communities
Distant relatives
Students Young parents
Go-‐to-‐market Strategy
Merchants
Viral
PR
CMS Partners Direct B2B sales
Consumers E-commerce
Pricing
Commission Subscription Transaction
5 %, 15 % Monthly fee Transaction fee
Group gifts Add-on White Label
Consumer Lending
Stealth Mode (3 months, Ukraine)*
21K Visits
1.5K wishes created
260 Published
21 Funded
$140 Average ticket size
$600 Maximum ticket
$12 Average transaction
$120 Maximum transaction
10 Average contributors per campaign
18 Maximum contributors per campaign
$3 000 Total wishes funded
*Numbers in $ are approximate as the cashflow is in UAH
2.2K Registrations
Dream teamVitaliy Kedyk (CEO) 4+ years industrial experience in IT. Involved in 15+ projects on CIS market for retail, professional service firms and FMCG companies. Built new commercial, production and implementation departments (CRM for Retail, Loyalty Programs) from scratch https://ua.linkedin.com/in/vitaliykedyk
Yuriy Shevchenko (CTO) 7+ years experience in development and implementation of industry-specific front-end and BPM solutions for Banking, Micro Financing and Insurance. Managed infrastructural projects for financial sector involving high-load architecture development
https://ua.linkedin.com/in/yuriyshevchenko
Andrii Krasylnykov Core Developer https://ua.linkedin.com/pub/andrii-krasylnykov/b4/279/22b
Alexander Tokarev Customer Success Executive https://pl.linkedin.com/in/olexandrtokarev/en
Georgiy Zhuliov Front-End Developer https://ua.linkedin.com/pub/жульов-георгий/ab/b68/567
Pavel Kandzuba iOS developer https://ua.linkedin.com/pub/kandzuba-pavel/77/aa/a36
Nadya Litey UI/UX designer https://ua.linkedin.com/in/nadyalitey
Ewelina Glonek Sales Support Manager https://pl.linkedin.com/pub/ewelina-glonek/34/b64/683
Secured $200K Seed round in February 2015
Vitaliy Kedyk email: [email protected] GSM: +38 (063) 338 38 08 Skype: v.kedyk
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Great things best done together