Wisr Ltd. · ASX:WZR
Wisr — Shareholder Meeting (November 2018)
33 slides from Wisr's shareholder meeting presentation, Nov 27, 2018
Slide 1: Disclaimer
Disclaimer. For personal use only NO INVESTMENT ADVICE OR OFFER OF SHARES representation or guarantee as to the accuracy or likelihood of fulfilment This presentation does not constitute investment advice, or an of any forward-looking statement in this presentation or assumption upon inducement or r
Slide 2: Annual General Meeting November 2018
For personal use only Annual General Meeting. NOVEMBER 2018
Slide 3: 2018 highlights
2018 highlights. For personal use only • Successful launch of the Wisr brand and neo- lender strategy in FY2018 • More than doubled new products in market • Operating revenue up by 37% to $1.6 million • Loan origination volumes up 409% • $75 million in loan funding agreements secured during year wit
Slide 4: Smarter, fairer: Australia's first neo-lender
smarter, For personal use only fairer, wisr Australia’s first neo-lender
Slide 5: Record loan origination growth
Record loan $51.2m $11.9m origination growth. For personal use only $39.3m $7.9m Annual loan origination growth of 409% YOY. Approx. $61M in loans written as at 26 Nov 2018. $31.3m $4.8m Total loan originations $26.5m Quarterly loan originations $3.3m $23.2m $2.1m $21.2m $1.5m $19.7m $18.6m $1.1m $1
Slide 6: Australia's best performing emerging fintech
Australia’s best performing For personal use only emerging fintech. Rank Ticker Company 6-month growth 12-month growth Marketcap 1 WZR WISR 67% 72% 26.8M Wisr’s market value has 2 XRO XERO 1% 47% 5.9B 3 Z1P ZIP CO 22% 38% 293.1M outperformed all other 4 5 PIL TNE PEPPERMINT INNOV TECHNOLOGY ONE -38%
Slide 7: WisrCredit user growth
WisrCredit user growth. For personal use only 10,000 9000 8000 7000 6000 5000 4000 3000 2000 Phase 1 Beta Pre-launch Launch 1000 0 May Jun Jul Aug Sep Oct Nov *As at mid-November >10,000 users on platform, growing at approximately 200-250 per day
Slide 8: More customers
More customers. For personal use only YOUNGER RESPONSIBLE SATISFIED More than 42% of Wisr’s new Average credit score of 703 means 50+ Net Promoter Score across the customers are young borrowers, Wisr customers are prime borrowers business means customers are more aged less than 35 years - up from th
Slide 9: Customer testimonial
“ The whole Wisr experience on my For personal use only mobile was fast, seamless, beautiful and felt so much not like a Bank! It’s how I thought banks would be operating by now, but they just aren’t. You guys are doing a great job, and we’re going to have the most amazing honeymoon thanks to you! M
Slide 10: Operational Investment
For personal use only Operational Investment.
Slide 11: We continued to invest in key business areas
We continued to invest in key For personal use only business areas. PEOPLE TECHNOLOGY PA R T N E R S We continued to broaden our team Our core technology platforms helped We rapidly increased our with recognised industry experts. drive our ongoing loan growth. relationships with key broker and aggre
Slide 12: Our technology platform
Our technology platform. For personal use only 80+% Customer Journey Fully Automated
Slide 13: The platform today
The platform today. For personal use only Unique Wisr proprietary tech platform that manages the full end-to-end customer journey. PLATFORM AUTOMATED: • More than 80% of customers receive a fully • Integrations with two bureaus and Yodlee bank automated outcome (something Wisr has statements develop
Slide 14: Using customer transaction data for better outcomes
Using customer transaction data for better outcomes. For personal use only • Keeps us ahead of regulatory changes • Reinforces our commitment to ethical, responsible lending • Automatically verify income and liabilities • Identify undisclosed liabilities • Faster verifications • Deeper understanding
Slide 15: Growing expertise and recognition
Growing expertise and recognition. For personal use only
Slide 16: Building our talented team
Building our talented team. For personal use only Key executive appointments Staff recognised at leading The Wisr team has almost included Chief Operating industry awards including the doubled in the past financial Officer, Head of Marketing, national Young Leaders in year across operations in Head
Slide 17: Partner expansion
Partner expansion. For personal use only • Wisr continued to develop its broker and “50% of Australian aggregator partnerships finance brokers are now able to assist clients • Wisr recorded 46% in loan value growth through with a Wisr loan.” the broker channel for the Q1FY19 quarter ending in Septem
Slide 18: FY2019 approach
For personal use only FY2019 approach.
Slide 19: Regulatory change creates opportunity
Regulatory change creates opportunity. For personal use only POSITIVE CREDIT REPORTING OPEN BANKING R O YA L C O M M I S S I O N From 1 September 2018 major banks have Customers will be able to access credit and Current Royal Commission into banking begun providing a wider range of data to credit de
Slide 20: Our growth strategy
Our growth strategy. For personal use only SHORT/MEDIUM TERM 1 Win in our competitive channels through a superior brand, go-to-market strategy, customer experience, price point and capability of our highly-talented team. LONG TERM 2 Build defensible channels which we own, to provide us with an unfai
Slide 21: Fairer, smarter
For personal use only fairer, smarter, wisr
Slide 22: WisrCredit / Wisr App
For personal use only WisrCredit Wisr App
Slide 23: Personal debt is growing
For personal use only Personal debt is growing. Australia is on track to have the highest personal debt in the world... we’re at number three!
Slide 24: And we're terrible at paying it off
And we’re For personal use only terrible at paying it off... The average Australian household has $17,750 of addressable personal debt... and the average credit card balance accruing interest is $1,790. Australian Bureau of Statistics (ABS), AMP.NATSEM report. Dec 2016.
Slide 25: A smarter, fairer, Wisr way to pay down debt
For personal use only We think we can do more to provide a smarter, fairer, Wisr way to pay down debt.
Slide 26: Wisr App
Wisr App. For personal use only Wisr App will help you pay back your debt faster by rounding-up your daily transactions to pay off personal debts such as: • Credit Card debt • Your Mortgage • A Wisr Personal Loan Beta completed, launching Q2FY19.
Slide 27: The Wisr App
For personal use only The Wisr App. Each time you make a purchase the App rounds-up the transaction to the nearest dollar and uses this ‘spare change’ to go towards a credit card or mortgage debt.
Slide 28: 48% of Australians suffered work stress from finances
For personal use only 48% of Australians have suffered stress at work because of their personal financial situation. Wisr@Work survey 2018, 200pax.
Slide 29: Financial wellness program
SO WE CREATED... For personal use only Our financial wellness program to help businesses combat one of the biggest causes of workplace stress.
Slide 30: Financial Wellness Program
Program Plan Financial Fitness Evaluation Budgeting Buddies Educational Material Message Notifications Financial Wellness Surveys Salary Packaging Loans Financial Wellness Program. Bootcamp Wellness Membership Locker Options Wisr Credit gs Bootcamp Spending Tracker Podcasts Financial Literacy Financ
Slide 31: Wisr@Work workplace financial wellness
For personal use only A focus on Wisr@Work distributed as an employee benefit: • Directly via employer workplace • Via payroll platform or other benefits program financial It’s aligned to our vision of Financial Wellness. And boasts a demonstrated reduction in arrears, which allows wellness. for mar
Slide 32: Wisr&Co white label solution
For personal use only Through Wisr&Co. we can deliver Australia’s first full turn key white label or co-branded solution for any company wanting to distribute a consumer finance product. L O A N O R I G I N AT E S LOAN FUNDING BORROWERS INVESTORS Wisr provides an end-to-end turn key solution for pro
Slide 33: Thank you
For personal use only Thank you.