Post on 08-Jan-2018
description
Redefining The Rules of Credit
Business OverviewCredible is a web app that provides loans backed by predictive analytic algorithm that price the risk of borrower.
Our predictions are based on financial data and social profiling. We are harnessing machine learning and scientific statistical models to predict borrower’s creditworthiness.
Based on our prediction we charge fees and interest on loans. Our target market are borrowers , lenders, Financial institutions, P2P lending platforms, real estate property agencies & gaming platforms.
We have a proficient skilled team with past joined work experience that is fully committed.
Problem• Lenders can not predict if loan will be defaulted• Lenders do not get a view of borrowers social
profiling.• Borrowers financial data and behavior is not highly
considered to predict creditworthiness• People with no credit history are having problem
raising credit line for products and/or services• Lenders have no idea of borrowers future potential
employment.• Landlords can not predict if tenant will default on
their monthly rent payment.
SolutionBorrowers/Tenants
Gain Online accurate
information
Ability to apply for credit even with no credit history
Able to improve score
Lenders/Landlords
Hedging credit risk
Ability to reach population with no credit history
Offering new credit products
The ProductHere’s how it works…
5. Analyze Social info
3. Upload bank statements
2. Upload paystub
6. Process financial and social info 7. Underwrite Loan
4. validate1. Register online
So how big is the Market?
Mortgages-13.43$ Trillion Auto Loans ,
Sales Financials 98$Billion Credible
Opportunity 1$Billion
USA only
Our Business Model
Charge Interest and fees on loansCharge on credit reports for
landlords
Go To Market Strategy
Marketing &Sales
Acquiring new customers
1. Online Marketing SEM, SEO,daily deals
2. Discounted pricing
3. Incentive programs for special segments
4. Shows and Exhibitions
1. Joining forces with commercial banks
3. P2P lending platforms such as Lending club
4. Housing rental platforms such as Zillow.com or trulia.com5. Gaming platforms
Partnerships
Acquiring new customers
Customer Service
Maintaining customers
1. Dedicated customer Support services
2. Community message boards
3. Coaching consumers to improve credit performance
2. Real Estate rental agencies
Competitive LandscapeL
Security v
Coverage World wide US only EU,LATAM & Australia
EU Only Us & China
Business model
Fees and interest on loans & 30$ on credit score report
30$ per scoring Fees and interest on loans
N/A Fees and interest on loans
Predictive Social profiling
M
Predictive Bank & FinAnalytics
Financial Projections 2016 2017 2018 2019 2020Revenue 1,500,000 6,000,000 15,000,000 35,000,000 55,000,000COGS 500,000 1,500,000 3,500,000 9,000,000 18,000,000Gross Profit 1,000,000 4,500,000 11,500,000 26,000,000 37,000,000Oper Exp 600,000 2,000,000 3,000,000 7,000,000 12,000,000
Net Income 400,000 2,500,000 8,500,000 19,000,000 25,000,000
Team
Yatir Zaluski – Co-Founder, Entrepreneur
Highly motivated individual with strong team leadership skills.
Capable of turning dry analysis into an exciting story that influences the direction of the business and communicating with diverse teams to take a project from start to finish.
Maoz Batzia – Co Founder, Entrepreneur, CTO
founder of appswiz LTD ,Global Taxation, Global Investment portfolio.
Able to influence the strategic direction of customers by identifying opportunities in large scale.creating and implementing datadriven strategies that fuel growth including revenue and profits
Milestones
Startup founded, August 1st ,2015
Reached MVP, October 1st, 2015
Currently 2 employees
FundingWe seek an investment of 1M$
So we can:
Finalize the product , form partnership and start collecting loans from 5000 customers that will generate revenues.
Summary
Big opportunity: 1B$ market share
Technology: Predictive analytics Machine learning.
Differentiators: using financial & social profiling.
Team: proficient, committed & experienced
Contact US
website: www.credible.eu.com
Maoz Batzia: maoz@credible.eu.com
Yatir Zaluski: yatir@credibile.eu.com