Personal Money Cloud · I want to send $ instantly without complicated IBAN’s I want to have...
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Personal Money Cloud
Transcript of Personal Money Cloud · I want to send $ instantly without complicated IBAN’s I want to have...
PersonalMoneyCloud
Spendingandsendingmoneyabroadsucks!
Expensive Inconvenient Sneaky
Thisindustryisnotdisruptedyet?
Problems
EXCHANGE
SEND
SPENDSolutions
Explanatoryvideo:revolut.com
?
$1,4 Tn $60 Bn 1,5 Bn+CROSSCURRENCYTRANSACTION
LOSTDUETOFEES&SPREADS
TRAVELERS&EXPATS
UKisinitialtargetmarket:$3Billionmarketsizeand60Milliontravelers
MarketSize
FREEMIUM VIRAL
Freecurrencyexchange&moneytransferupto$500
Ifyouneedmore,invitefriendsorchooseapricingplan
Downloadtheapp,receivemoneyinstantly&getrewarded
BusinessModel
MARKETING
80,000 1.000,000 10.MnEARLYADOPTERS EVENTS PARTNERSHIP
Initially,wetargetedLondonTechwith80Kmembersthroughstart-upcommunities.
Competition
Difficult&Expensive
Easy&Cost-effective
ExamplesofUseCases:
IgotoUS.Cashisinconvenient,cardsarecostly.
Iwanttosend$instantlywithoutcomplicatedIBAN’s
IwanttohaveEuroswithoutEurobankaccount
Iwanttoexchangemoneyinstantly,notin1-3days
Iwanttotransferattheexchangeratethatisnow
Revolut WeSwap WorldRemit FairFx
NoInterbankRates
FreemiumModel
ViralFeatures
EasyToUse
OwnInfrastuctures
PatentPending
WhyWeAreBetter
Traction
4,8KPre-ProductSubscribers
WithinOneMonth
9DealsIncludingMasterCardForImplementation
FinalistAtFinovateEurope
Team
CEONikolayStoronskyFormertradingatCreditSuisseandLehmanBrothers
NikolayStoronskyFormertradingatCreditSuisseandLehmanBrothers
CTOVladYatsenkoFormerdevelopmentatCreditSuisseandDeutscheBank
VPDevelopment
TomeReayDevelpmentatExpediaandOcado
OurPeople
Projections&OurAskNewCustomers
0 40000 80000 120000 160000
Year1 Year2 Year3 Year4 Year5
Grossrevenue
0 4500000 9000000 13500000 18000000
GrossProfit
0 3500000 7000000 10500000 14000000
NetProfit(Loss)
0 2250000 4500000 6750000 9000000
£17,010,000
£1,2628,350
£8,228,350
Weneed£1,5mtoMakethis
happen
UseOfFunds
BuildATeam
3Developers,DesignerandMarketer
FundFreemiumModelTo
60,000MAU’s
PrepareModelforaBig
£££SeriesARound
