Blender Financial Technologies Ltd. · TASE:BLND
Blender Financial Technologies — Q1 2025 Earnings Presentation
18 slides from Blender Financial Technologies's earnings presentation, 2025
Slide 1: Capital Market Presentation Q1 2025 - Business Summary and Revenues
Capital Market Presentation Q1 2025 - Business Summary and Revenues
Slide 2: Legal Disclaimer
Legal Disclaimer This presentation constitutes the principle and marketing presentation of Blender Financial Technologies Ltd. and its subsidiaries (henceforth referred to, together, as "the Company" and/or "Blender" and/or "the Group") and is meant for marketing purposes. It does not constitute a p
Slide 3: Company Objectives
Company Objectives To lead the fintech sector with digital credit solutions based on smart technology, deep customer understanding, and rapid response capability to a changing market Maintain tech Grow credit International edge activity in Israel expansion Developing Growth in local adapting fintech
Slide 4: Key Events Q1 2025
Key Events Q1 2025 • Developed a credit platform for a U.S. financial institution • Continued growth in BNPL portfolio in Israel • Further reduction of the European credit portfolio • Signed MoU to sell remaining Lithuanian portfolio 4
Slide 5: Blender in Numbers
Blender in Numbers 2B 570M 82M 97K Total loans Managed loan Revenue over Paying financed portfolio last 12 months customers 5 NON-GAAP financials as of March 31, 2025. Data is unaudited.
Slide 6: Credit portfolio development
Credit portfolio development Credit provision in Israel - approximately 48% growth in the credit sector in Israel compared to Loan Portfolio the corresponding quarter last year )in NIS millions( 676 694 677 663 664 618 604 580 570 573 545 499 504 454 586 453 435 423 37 48 76 81 95 7 105 110 119 83 8
Slide 7: Quarterly revenue development
Quarterly revenue development Revenues (in NIS millions) 24.5 23.7 22.7 21.3 21.2 21.6 20.9 21.4 21.6 19.9 19.3 19.5 18.9 18.9 18.2 19.1 18.4 18.3 2.5 2.9 2.8 3.2 2.5 2.4 2.0 1.0 1.1 Q1.23 Q2.23 Q3.23 Q4.23 Q1.24 Q2.24 Q3.24 Q4.24 Q1.25 אירופה Europeהכנסות revenues ישראל הכנסות Israel revenu
Slide 8: Blender's Credit Platform
Blender’s Credit Platform Blender Car blender P2P investors Pay Credit Platform Verity Credit Funding Solutions Rating2.0 bank credit lines blender Sources Loan institutional investors blender Mortgage Solutions 8
Slide 9: Technological Leadership in Fast and Accurate Credit Underwriting
Technological Leadership in Fast and Accurate Credit Underwriting Secured Integral Architecture A robust Salesforce based system, significant process efficiency, driven by data-based decisions and APIs Fraud Prevention Rating2.0 A multi-dimensional model for credit risk assessment and fraud preventi
Slide 10: Fast and Efficient Customer Experience: 6 Steps in 30 seconds
Fast and Efficient Customer Experience 6 Steps in 30 seconds Onboarding Automated (Retail, Car customer risk Advanced client dealerships, E- and evaluation identification & assessment authentication 30 Commerce) 1 2 3 4 5 6 Seconds to get a loan Client info collection Client rating Collateral and ve
Slide 11: Digital Credit Solutions
Digital Credit Solutions 11
Slide 12: blenderPay in collaboration with Bank Hapoalim
blenderPay in collaboration with Israel's leading BNPL (buy now, pay later) solution for large purchases Extensive presence As of March 2023, JV- 80% owned Technology TAM of NIS 30 in Israel with blenderPay by Blender, 20% enabling large ticket billion annually technological activities are by Bank B
Slide 13: blenderPay - BNPL Market Leader
blenderPay - BNPL Market Leader An in-store and e-commerce propriety instalment payment solution 13
Slide 14: blenderCar
blenderCar Frictionless car financing solution Hundreds of car dealers operate with blenderCar A unique technology with a holistic system of rapid credit evaluation and establishment Transaction authorization within seconds - no forms or paperwork! Convenient and easy-to-use digital platform for car
Slide 15: Distributing technological innovations
Distributing technological innovations A holistic cloud-based technology platform that integrates various functionalities seamlessly Custom implementation capabilities for fast digital credit and smart deposits Distribution agreement with the banking division of Amdocs and Sapiens Providing innovati
Slide 16: Credit provision in Israel - Gross income
Credit provision in BNPL Israel 2024 1-3.2025 • Continued growth with Gross income Gross income increased credit lines 17.7% 17.6% • Profitability improvement • Focused business expansion Interest Interest expense ratio expense ratio in 2025 6.8% 6.9% Actual credit Actual credit loss loss 2.3% 2% Ne
Slide 17: Credit provision in Israel - P2P
Credit provision in Israel P2P ▪ Proven underwriting & credit risk model ▪ Diverse loan types, more secured loans 17.0% ▪ Ongoing audits and monitoring Unique 11.0% 1-3.25 investor 3.5% ▪ protection fund with international insurance ▪ מודל חיתום וניהול סיכונים מוכח 16.9% (Rates based on average an
Slide 18: Thank You
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