Credit Key Pitch

12
Credit Key Your bills paid on time, every time

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Transcript of Credit Key Pitch

Page 1: Credit Key Pitch

Credit KeyYour bills paid on time, every time

Page 2: Credit Key Pitch

Billions lost

Average invoice payment

55.6 days

Late payment means lost

money

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The sooner a consumer

pays, the more a business

saves

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Market

$617b by 2016

- Gartner

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Consumer Market

Over 60% of bills paid

onlinePeople want convenience

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Competition

BPay

Australia

Post

✗✗

Credit Key ✓

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Revenue

$0.65 per transaction

+

% of the interest saved

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Key Staff

Brett J BurfordCEO

Pavan DurgapuCTO

Luke Beard Systems & Integration

Specialist

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Advisory Board

Shaun KeatingHead of Commercial Innovation

ANZ

Trudy CoadPrincipal Advisor – Trudy Coad

Consulting

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Positive Profit (EBIT)

2012/2013 : ($120k)

2013/2014 : $1.3m

2014/2015 : $3.6m

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Milestones

Milestone 1 $150k

• Completion of system

development

• Release of system

• Profitability 2013

Next Milestones:

• SME Integration

• International Release

Page 12: Credit Key Pitch

Timing is

everything

Zong - $246m


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