Ooredoo Q.p.s.c · QSE:ORDS
Ooredoo Q.p.s.c — Ooredoo Financial Technology International (OFTI) — Investor Day (December 2023)
15 slides from Ooredoo Q.p.s.c's investor day presentation, Dec 5, 2023
Slide 1: Ooredoo Financial Technology International (OFTI)
OOREDOO FINANCIAL TECHNOLOGY INTERNATIONAL (OFTI) | |
Slide 2: We are building a new, game changing fintech
We are building a new, game changing fintech 1 Ooredoo is on track in executing its strategy of becoming a “Smart Telco” 2 OFTI has been established as a new, independent venture, fully owned by Ooredoo Group 3 New team in place to scale fintech by financially empowering consumers and merchants Oore
Slide 3: Journey of execution and progress in 2023
Journey of execution and progress in 2023 March 2023 October 2023 December 2023 Product & Signed with Huawei Product ready: New brand Tech to leverage User Acceptance Mobile fintech Testing starts Platform Legal & Established OFTI1) April 2023 July 2023 August 2023 Testing with Received Iraq Carve o
Slide 4: Established the A-team to execute
Established the A-team to execute Top-tier track record in financial services and formidable tech credentials Proposition Product & Tech Operations Country Manager, Oman Ex. Abu Dhabi Ex. AWS, Ex. Capgemini Ex. Sohar, Islamic Bank, Barclays Scaleup/exit Central Bank Citi Start up/Exit of Oman Petr K
Slide 5: Fintech: the opportunity and Ooredoo's unique position to capture it
Fintech: the opportunity and Ooredoo’s unique position to capture it 1 Large market 2 Leverage 3 Proven Business with tailwinds Ooredoo's assets Model • Mobile Money MENA Region • Customer base of c32m1) • Telco companies are now actively o 31 live services monetizing their Fintech stakes: o 59 mill
Slide 6: Our markets in Phase 1
Our markets in Phase 1 Prioritizing Ooredoo’s current footprint; open to explore additional markets in the future Fintech revenue Population Banking Smartphone pool CAGR User base [mn, 2022] penetration [%, 2022] penetration [%, 2022] [%, 2024-2027] [90 days active, 2023] Services • Int’l Remittance
Slide 7: Building the business
Building the business Product led organization; from day 1 an Investor ready business Product Led Organization Investor Ready Business User centric Strategic Partnerships Focused on experience, trust and customer Bringing value and innovation to our customers, centricity to ensure user retention and
Slide 8: Video
Video | 5 December 2023 | 8 ضمن
Slide 9: Our proposition: An integrated platform
Our proposition | An integrated platform B2C B2B Unique factors ✓ Remittance marketplace ✓ Ecosystem for merchants and Gulf consumers ✓ AI Powered personalization ✓ Gamified loyalty ✓ Chat like functionality • P2P payments & international remittance • Pay other businesses / suppliers • Domestic and
Slide 10: Focus on execution in the next 18-24 months
Focus on execution in the next 18-24 months 2023 2024 2025 Product & December MVP live; iterations & enhancements Evolving Partnerships New brand Tech Prudent use of cash; build once, deploy many times Cutting edge product embracing AI, Web 3.0 and interoperability across markets Testing with Legal
Slide 11: Qatar: a successful model that will be replicated
Qatar: a successful model that will be replicated ` Usage Results (2023) Achievements 560k / 350k 30% of MENA Mobile Money 4.8 registered /active users in Qatar rating on IOS and Google transaction value store (90k reviews) 125k 11% employees receiving their monthly of Global Mobile Money salaries t
Slide 12: Path to value creation
Path to value creation Established Market New Markets • Replatforming – Single tech stack • Phase 1 – License 1 and new enhanced UI/UX • Submission & Approval (6-9 months) • Broadening the offer: • Phase 2 – Small scale launch (Minimum Viable Product): • Cards proposition • Remittances, Cards 2 Play
Slide 13: Telecom operators have crystallized value by attracting investors to their Fintech ventures
Telecom operators have crystallized value by attracting investors to their Fintech ventures Fintech Penetration Indicative of MNO Customer base valuation range [2021] PLAYER DATE ACTIVE USERS REVENUE VALUATION VALUATION/ [Mn.] [USD Mn.] [Bn USD] ACTIVE USER [USD] 16% 12% 25% Nov 2020 4.5 223 1.3 289
Slide 14: Outlook for Ooredoo Fintech
Outlook for Ooredoo Fintech 2027 - 2028 Upsides and growth potential Markets Tapping into non Ooredoo user base Open ecosystem offering the fintech product beyond our Telco customer base 12-15% MNO penetration rate Users Expanding beyond Phase 1 ~ 3-4m active users footprint markets Taking the produ
Slide 15: Thank you
THANK YOU Upgrade your world. Upgrade your portfolio. | |
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