Change Financial Ltd · ASX:CCA
Change Financial — Investor Presentation (October 2017)
23 slides from Change Financial's investor presentation, Oct 12, 2017
Slide 1: Investor Update October 2017
For personal use only Investor Update October 2017 ASX: CCA OTCQX: CNGFF
Slide 2: Disclaimer
Change Financial Limited 2 Disclaimer For personal use only IMPORTANT NOTICE This presentation has been prepared by Change Financial Limited (Change Financial) in good faith. No express or implied warranty is given as to the accuracy or completeness of the information in this document or the accompa
Slide 3: Overview
Change Financial Limited For personal use only Overview 3 Change Financial is an award winning FinTech banking software provider Consumer Banking Enterprise SaaS ENTERPRISE SAAS MASTERCARD CHIMPCHANGE MOBILE BANKING MOBILE BANKING PROCESSING PROGRAM Change Financial’s flagship digital Provide turn-k
Slide 4: ChimpChange Mobile Banking
For personal use only ChimpChange Mobile Banking
Slide 5: ChimpChange Our Value Proposition
Change Financial Limited ChimpChange 5 Our Value Proposition For personal use only Capitalizing on outdated model and evolving landscape 1. WE ARE FREE 2. WE ARE BETTER THAN YOUR BANK Traditional U.S. FREE Account, debit card, ATM banking customers network, automatic round ups, savings account and g
Slide 6: ChimpChange: Award winning consumer banking technology
Change Financial Limited ChimpChange 6 ChimpChange For personal use only Award wining consumer banking technology • Paperless mobile account opening in 3 minutes • Graphic view of transaction history • Easy savings with automatic round ups • Replacing branches with retails stores • No more standing
Slide 7: Targeted customer acquisition
Change Financial Limited ChimpChange 7 Targeted customer acquisition For personal use only Attracting high-value customers lowers acquisition costs Marketing has been focused on targeting high value customers and optimizing for efficiency resulting in lower cost of customer acquisition CUSTOMER ACCO
Slide 8: Stimulating activity in the customer base: TTV
Change Financial Limited ChimpChange 8 Stimulating activity in the customer base For personal use only Improving Total Transactional Volume (TTV) TTV (USD) QUARTER OVER QUARTER COMPARISON MONETISATION Interchange 1%-2% Out-of-network US$1.95 ATM withdrawals Cheque deposits 1% US$150M Driving US$1.0M
Slide 9: Improving deposit process improves customer usage
Change Financial Limited ChimpChange 9 Stimulating activity in the customer base For personal use only Improving deposit process improves customer usage We’ve added new channels to load funds onto customers’ cards and made it easier to use our debit MasterCard at retailers TOTAL CUSTOMER DEPOSITS (U
Slide 10: Enterprise SaaS
For personal use only SaaS Enterprise
Slide 11: Why are we building a processor
Change Financial Limited Enterprise SaaS 11 Why are we building a processor For personal use only Consumer Banking • Gross Margin increasing from 30% to approximately 60% Enterprise SaaS (Software as a Service) Banking • Target 7,000 FDIC banks in the US with a more innovate offering • High revenue
Slide 12: Enterprise SaaS Roadmap
Change Financial Limited Enterprise SaaS 12 SaaS Roadmap For personal use only OCTOBER 2017
Slide 13: Outstanding Banking Software
For personal use only Outstanding Banking Software
Slide 14: We Have Best-in-Class Technology
Change Financial Limited Our Technology 14 We Have Best-in-Class Technology For personal use only Microservices Blockchain Global & Cloud Based API Driven Architecture Framework Scalable • Automatically • Superior security and • Intuitive, accessible • Irrefutable audit trail • Ease of application i
Slide 15: Our Software is Underpinned by Blockchain Technology
Change Financial Limited Our Technology 15 Our Software is Underpinned by For personal use only Blockchain Technology Key Cost Reduction Reduction of infrastructure as Blockchain Secure Transaction Ledger Database well as transaction costs Secure transaction ledger database Benefits associated with
Slide 16: We are investing in the future
Change Financial Limited Corporate Overview 16 We are investing in the future For personal use only Since IPO in June 2016 we have been investing in technology that will drive future growth for the Company. IPO (June 2016) Jan 2018 Consumer Banking Enterprise SaaS 130,000 customers 65% millennials M
Slide 17: The Team
For personal use only The Team
Slide 18: The Team: Management
Change Financial Limited The Team 18 Management For personal use only Clayton Fossett - COO Nick Roberts - CMO Tech and Finance executive with Former CMO of Acorns, a highly more than 25 years' experience. successful FinTech company, he Former Yahoo! Director and with helped attract more than 1 mill
Slide 19: The Team: Board
Change Financial Limited The Team 19 Board For personal use only Ash Shilkin – Managing Director Peter Clare - Chairman Former CFO of CO2 Australia, an Former Chief Executive Officer of ASX listed company he helped Westpac New Zealand Limited from grow to a market capitalization of 2012 to 2014. Wes
Slide 20: Corporate Overview
For personal use only Corporate Overview
Slide 21: OTCQX – why we are doing this
Change Financial Limited Corporate Overview 21 OTCQX – why we are doing this For personal use only On 2 October 2017 the Company’s shares listed on the OTCQX under the stock code “CNGFF”. BENEFITS OF A US DUAL LISTING STRUCTURE FOR CHANGE FINANCIAL INVESTORS: • Promote Change Financial’s business to
Slide 22: Corporate Overview: Capital Structure
Change Financial Limited Corporate Overview 22 Corporate Overview For personal use only CAPITAL STRUCTURE 12 MONTH HISTORICAL SHARE PRICE $0.95 Share Price (as at 10 Oct 2017) A$0.755 $0.90 $0.85 Shares on Issue 77,880,867 $0.80 $0.75 Market Capitalization US$46.5m $0.70 Note: AUD/USD 0.79 $0.65 $0.
Slide 23: Competitive Landscape
Change Financial Limited Overview 23 Change Financial For personal use only Competitive Landscape Consumer Banking Enterprise SaaS ENTERPRISE MOBILE BANKING PROGRAM CHIMPCHANGE MOBILE BANKING & SAAS MASTERCARD PROCESSING Market Cap US$12b Market Cap US$30b Valuation US$320m Market Cap US$26b OCTOBER
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