Roman Chirikov, CEO

Roman@verifyne.com

VERIFYNE A PayPal for your mobile number

Ufa, 2014

http://verifyne.com

2  

PROBLEM

User verification on the Web is often done via phone number

Users don’t trust unknown websites

Websites may spam the user with SMS and cause money loss

SMS is limited to 160 characters

3  

SOLUTION

It provides API for user verification and messaging

It gives the user full control on the messages sent to her

It extends the use of SMS with special content delivery system

Verifyne is a web service, that acts as a proxy between mobile

number and Web.

4  

MARKET

User verification

Calendar alerts

Password recovery

Main ways of using SMS on the Web:

“Application generated mobile

texts to exceed $70B revenues

by 2016” Juniper Research

http://www.juniperresearch.com/viewpressrelease.php?pr=242

Critical action confirmation

5  

COMPETITORS

User verification API

Messaging API

SMS filtering / forwarding

SMS limits overcoming

Worldwide operation

Simplicity low medium high

6  

BUSINESS MODEL

Verifyne charges websites for sending SMS to the users.

Currently a third-party SMS gateway is used. Verifyne applies a

0,5 cent margin for each sent SMS.

Websites cannot send SMS directly because Verifyne does not provide them the real number.

In future our own SMS gateway will be used which will increase the

margin along with lowering prices.

7  

TEAM

Roman Chirikov founder, CEO

Telecommunications engineer, web developer, PhD student in ICT

Past projects: stikerton.com, showitme.com

Winner of InnovAction Lab Trento 2012

Someone Great CMO

Manager with technological orientation

Experience with B2B processes

Ideas generator with critical judgement

? Mentor wanted:

Peter Thiel

former CEO of

PayPal

8  

ROADMAP

Time

SMS / month

3/14 5/14 6/15

100

6/14 Launch

8/14 10/14 12/14

5 000 000

10 000

Technology

Market

Server with SSL Own SMS gateway

1st income 1st users Exponential growth 1%

9  

FINANCING

Price 18 months

Own server with SSL 110 €/month 1980 €

Own SMS gateway 5000 € 5000 €

Administrative fees 1000 €/year 1500 €

User verification 0,05 €/user 30000 €

Salary 2000 €/month 36000 €

Total cost 74480 €

Total income 175000 €