Emerging Trends and Challenges

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“Emerging Consumer Remittance Providers” Selected Company Profiles (cont.) Company Overview Products & Services Overview Easy & Intuitive CEO: Headquarters: Kristo Käärmann London, England Founded: 2012 • TransferWise enables consumers to send money abroad via their bank accounts directly or by using their debit cards • The Company operates a peer-to-peer system for all of its transfers charging consumers a relatively small 0.5% fee and providing consumers with the “real” exchange rate, which represents the mid point between buy and sell rates on the global currency markets with no hidden fees or markup-ups • TransferWise’s peer-to-peer system matches funds to other counterparties (users) in the opposite currency; instant conversions are available to/from EUR and GBP for 0.9% Transaction History Date $ mm Type Acquirer / Investor (s) 01/25/15 $58 Financing 06/09/14 25 Financing IA Ventures; Andreessen Horowitz; Seedcamp; Valar Ventures; Index Ventures IA Ventures; Index Ventures; Valar Ventures; Kima Ventures 05/14/13 6 Financing Valar Ventures 04/17/12 1 Financing IA Ventures; Index Ventures Source: Company website, FT Partners proprietary database, Capital IQ, Crunchbase. Depending on how much money is being transferred, users can log onto their bank's online system to transfer funds Quick & Convenient Recipients can expect to receive transfers within 2 to 3 working days Mid-Market Rate TransferWise’s fees are transparent; consumers get the mid-market rate and pay fees with a $3 minimum on USD to GBP transfers 54
“Emerging Consumer Remittance Providers” Selected Company Profiles (cont.) Products & Services Overview Send Money Online from Bank Account or Card Company Overview CEO: Headquarters: Ismail Ahmed London, England Founded: 2009 • WorldRemit is an online money transfer service that enables people to send money to friends and family abroad through a computer, smartphone or tablet • The Company offers a convenient and low-cost alternative to traditional money transfer companies; money can be received as a bank deposit, cash pick-up, Mobile Money or mobile airtime top-up • WorldRemit processes 250,000 transactions per month; the company generated 2014 revenue of $25 million, growing from $9.3 million in 2013, and expects a similar growth rate in 2015 • Services are available to senders in 50 countries and transactions can be received in more than 110 destinations worldwide Transaction History Date $ mm Type Acquirer / Investor (s) Money is deposited directly to the recipient’s account Cash is available at collection locations within minutes Money is added instantly to mobile money wallets 02/10/16 $45 Debt Financing 02/18/15 100 Financing TriplePoint Venture Growth BDC; Silicon Valley Bank Technology Crossover Ventures; Accel Partners Mobile airtime is topped-up instantly 03/12/14 40 Financing Accel Partners Source: Company website, FT Partners proprietary database, Capital IQ, Crunchbase. 55
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April 2016 Financial Technology Par
Page 3 and 4: I. Executive Summary
Page 5 and 6: Global Money Transfer Industry Over
Page 7 and 8: Global Money Transfer Industry Tren
Page 13 and 14: Global Money Transfer Selected Indu
Page 15 and 16: Matt Oppenheimer, Remitly
Page 17 and 18: Global Money Transfer CEO Interview
Page 19 and 20: Gary McDonald, Cambridge Global Pay
Page 21 and 22: Global Money Transfer Gary McDonald
Page 27 and 28: Global Money Transfer Public Valuat
Page 29 and 30: Global Money Transfer Selected Publ
Page 31 and 32: “International Payment Specialist
Page 49 and 50: “Emerging Consumer Remittance Pro
Page 51 and 52: “Emerging Consumer Remittance Pro
Page 53: “Emerging Consumer Remittance Pro
Page 57 and 58: VII. Profiles of Selected Global Mo
Page 59 and 60: Currencies Direct Sale to Palamon a
Page 67 and 68: Profile of OzForex Transaction FT P
Page 69 and 70: Profile of OzForex Transaction FT P
Page 71 and 72: Profile of OzForex Transaction OzFo
Page 73 and 74: Profile of OzForex Transaction Sele
Page 75 and 76: PayPal Acquires Xoom for $890 mm Tr
Page 77 and 78: PayPal Acquires Xoom for $890 mm Xo
Page 91 and 92: PayPal Acquires Xoom for $890 mm Pa
Page 97 and 98: $300.0 $250.0 $200.0 $150.0 $100.0
Page 99 and 100: Euronet’s Acquisition of HiFX
Page 101 and 102: Euronet Acquires HiFX Transaction D
Page 103 and 104: Euronet Acquires HiFX Euronet Busin
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Bridgepoint Acquires Moneycorp Tran
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Euronet Acquires XE and IME
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Remitly Raises $38.5 million in Fin
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Remitly’s $38.5 million in Financ
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Remitly’s $38.5 million in Financ
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TransferWise Raises $58 million in
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WorldRemit Raises $100 million in S
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WorldRemit Raises $45 million in De
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VIII. Global Money Transfer Transac
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Global Money Transfer Selected Tran
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Announced Date Selected Transaction
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Announced Date Selected Transaction
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IX. Overview of FT Partners
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Overview of FT Partners Leading Adv
Page 133 and 134:
Overview of FT Partners FT Partners
Page 135 and 136:
Overview of FT Partners FT Partners
Page 137 and 138:
Overview of FT Partners Proven Trac
Page 139 and 140:
Overview of FT Partners Platform of
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Emerging Trends and Challenges

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