Eml Payments Ltd. · ASX:EML
Eml Payments — Merger or Acquisition (April 2021)
24 slides from Eml Payments's merger presentation, Apr 7, 2021
Slide 1: Investor Presentation ASX announcement cover letter
07 April 2021 ASX Market Announcements 20 Bridge Street SYDNEY NSW 2000 For personal use only INVESTOR PRESENTATION EML PAYMENTS LIMITED (ASX: EML) (“EML”) is pleased to provide the attached investor presentation for release to the market. About EML Payments Limited EML provides an innovative paymen
Slide 2: Investor Presentation: Acquisition of Sentenial Limited
Investor Presentation Acquisition of For personal use only Sentenial Limited 1
Slide 3: Important Notice & Disclaimer
Important Notice & Disclaimer This investor presentation (Presentation) is dated 7 April 2021 and has been prepared by EML Payments forma historical and forecast financial information provided in this Presentation is for illustrative looking statement may have been prepared or otherwise. Readers are
Slide 4: Executive Summary
Executive Summary For personal use only − EML Payments Limited (EML) has entered into a binding agreement to acquire 100% of Sentenial Group ('SG’ or ‘Sentenial’) for an enterprise value of €70.0 million (A$108.6 million) (Upfront Enterprise Value), plus an earn-out component of up to €40.0 million
Slide 5: Executive Summary: Acquisition Consideration
Executive Summary For personal use only − Upfront Enterprise Value of €70 million (A$108.6 million) comprising €38.9 million (A$60.3 million) cash and €31.1 million (A$48.2 million) in EML shares to the vendors, issued at an estimated A$5.00 per share1. − Approximately 9.60 million shares are expect
Slide 6: Introducing Sentenial & Nuapay
Introducing Sentenial & Nuapay For personal use only 5
Slide 7: Leading Fintech group delivering bank-grade payments & Open Banking platform
Leading Fintech group delivering bank-grade payments & Open Banking platform built for the future For personal use only Trusted market leading Fintech platform With two complementary business — Full suite of A2A payment solutions including open models banking, credit transfers, direct debits, instan
Slide 8: Sentenial's track record of product development
Sentenial has a strong track record of product development that positions them to take advantage of Open Banking and A2A Payments For personal use only Expansion Launch Acquired Prepaid Financial Services Incentive & added General GPR: North Largest Multi-currency, B2B & B2C Purpose America European
Slide 9: Key Investment Highlights
Key Investment Highlights A significant 3 year growth opportunity with earn-out tied to €27 million in incremental revenues For personal use only Open Banking Growth Attractive client base Diversified Distribution Channels & Opportunity Large enterprise base of customers Revenue Streams across banki
Slide 10: Combining A2A & Open Banking with prepaid & BaaS expands addressable market
Combining A2A & Open Banking with our existing prepaid & Banking- as-a-Service (BaaS) capabilities expands our addressable market & For personal use only deepens existing relationships PREPAID & BaaS A2A & OPEN BANKING Reloadable, gift-incentive and virtual Mass market A2A payments account numbers &
Slide 11: Nuapay offers a full suite of A2A payment options in Europe
Nuapay offers a full suite of A2A payment options in Europe with trust, scale and experience For personal use only Comprehensive Product Suite Focused on Powering Partners — Market leading range of payment Open — Platform used to power a range options including direct debit, Banking of payment servi
Slide 12: Nuapay: one of the market leaders in Open Banking payments
Nuapay have established themselves as one of the market leaders in Open Banking payments For personal use only Specialist in Open Banking payments Feature rich payment capabilities — Open Banking integrated into — Market leading functionality existing Nuapay platform — Refunds, instalment solutions
Slide 13: Highly Experienced Management Team
Highly Experienced Management Team with deep Fintech expertise For personal use only Sean Fitzgerald Brian Hanrahan Founder & CEO at Sentenial Chief Commercial Officer at Sentenial Sean founded Sentenial in 2003 Brian has spent over 20 years growing the company to be a trusted envisaging and deliver
Slide 14: Open Banking is gaining momentum globally
Open Banking is gaining momentum globally due to disruptive technology, regulation and real-time payments access, 29.8% For personal use only CAGR in global real-time leading to more innovation & competition payments (2020-25) Global forecast - A2A payments Forecast Forecast growth transactions (CAG
Slide 15: Open Banking is a strategic priority for major payment & technology companies
For personal use only Open Banking is a strategic priority for many major payment & technology companies Source PLAID: https://www.wsj.com/articles/visa-nears-deal-to-buy-Fintech-startup-plaid-11578948426 KLARNA: https://www.bloomberg.com/news/articles/2021-02-23/klarna-said-to-raise-up-to-1-billion
Slide 16: For personal use only
For personal use only 15
Slide 17: The next-gen digital wallet
The next-gen digital wallet For personal use only With Nuapay & EML product platforms we can offer clients a full-feature digital wallet to make & collect payments, while efficiently managing all their finances NUAPAY POWERED • Real time A2A money in/money out payments • Data & insights enrichment w
Slide 18: Earned Wage Access & Salary Wallets
Earned Wage Access & Salary Wallets For personal use only With Nuapay & EML product platforms we can offer our salary & payroll clients a full-feature salary wallet with earned-wage-access capability in real-time NUAPAY POWERED • Real time A2A money in/money out payments • Recurring wallet loads/ins
Slide 19: Gaming account top-up with Open Banking
Customers can top up their gaming account in under 30 seconds & collect winnings or payouts instantly. For personal use only This experience surpasses existing payments which can take up to 2-3 minutes to complete and sometimes 3-5 business days to clear funds, with onerous manual reconciliation pro
Slide 20: One-stop shop for all merchant payment needs
One-stop shop for all merchant payment needs For personal use only With Nuapay & EML product platforms we can offer Merchants one integrated solution to manage all their payments, embedded in their software or through their fintech partner Pay — Immediate spend for SMEs and other businesses via card
Slide 21: Combining capabilities to create a world-first platform
By combining our capabilities we create a world-first platform to offer customers ultimate choice For personal use only EML CUSTOMERS EML CUSTOMERS NUAPAY CUSTOMERS Banks & BNPL & Lenders Fintechs & Neo banks Retail Software Platforms Fintechs Financial Services Payroll & Payouts & Disbursements Gam
Slide 22: Financial Performance
Financial Performance Sentenial Nuapay For personal use only Sentenial Group (Euro’s) CY 20181 CY 20191 CY 20201 White Label SaaS A2A Payments & Open Banking Platform Gross Debit Volume 39.0 43.9 45.9 (€ billion) — A pure play software provider — Regulated provider of A2A and — Revenue of €5.0 milli
Slide 23: Deal Structure & Financing
Deal Structure & Financing For personal use only 1. Upfront Cash consideration of €38.9 million (A$60.3 million) New Syndicated Bank Debt — €2.5 million (A$3.9 million) will be held in escrow for 12 months following completion of the Facility Acquisition for claims made under the Acquisition agreeme
Slide 24: Thank you
Thank you For personal use only Tom Cregan Rob Shore Australia Level 12, 333 Ann Street Managing Director & Group CEO Group Chief Financial Officer Brisbane City, QLD 4000 tcregan@emlpayments.com.au rshore@emlpayments.com Telephone: +61 7 3557 1100 +61 488 041 910 +61 419 590 128 emlpayments.com 23