billie.io - noah17 london
TRANSCRIPT
Building theleading European working capital provider
A short glimpse on Fintech 2.0
NOAH Conference, London, 3 November 2017
Three Conferences, One Mission: Empower the European Digital Ecosystem
To provide a physical marketplace that facilitates funding of
digital European companies at all stages
Mission Mission Mission
Connecting Capital with
Entrepreneurs
Connecting European Champions
and Challengers
Connecting Israel’s Startups with Large Corporates
and Investors
30-31 October 2018Old Billingsgate, London
6-7 June 2018Tempodrom, Berlin
13-14 March 2018Haoman 17, Tel Aviv
To promote Israel - Europeanrelationships and enable funding
To bring together future-shaping executives and investors active
across segments driven by digital revolution
Manual underwriting and data collection cause high operational cost, limiting access to smart working capital solutions for SMEs
2
Liquidity crunches among top 3 insolvency triggers for SMEs
Risk that liquidity crunches lead to insolvency 50% higher for SMEs than for large corporates
The need for working capital is widespread among SMEs…
…yet, the offering of traditional banks doesn’t cater to this need
Manual credit processes and paper-based data collection leads to high operationalcosts, limits access to smarter working capital solutions
SMEs usually only have access to inflexible one-size-fits-all credit lines
3
We are unlocking an untapped opportunity – Germany alone witha potential revenue pool of up to EUR 1.4bn
Medium and large capsEUR bn, Germany, 2015
2.8x
593
Loan volume Factoring volume
20936
100
Loan volume
2.8x
Factoring volume
potential
SMEsEUR bn, Germany, 2015
Revenue pool (Germany only) 0,7-1,4 bn
Fee on invoice amount 2,0-3,8%
4
With our approach we lead the way to establishing Fintech 2.0 in the lending industry based on 3 pillars
01
03
02
Fully licensed by German regulator BaFin
Truly automated risk and KYC engines
Build on a network of industry leaders
5
German factoring license granted by
regulator BaFin in just 3 months and
without any external support
Ensures significant competitive
advantage on 3 dimensions
1. Flexibility
2. Profitability
3. Trust
As one of very few Fintechs we acquired a full license from German regulator BaFin in record time1. License
2. Partnership network GermanyWe build our product on a network of industry leaders
6
Among top 3 SME banksLargest tax advisor for SMEs
No. 1 credit insurerNo. 1 factoring provider
7
With our fully automated risk scoring and KYC diligence we cut onboarding time to 7 minutes 3. Automation
Customer onboarding
7 min
Online lenders
1-3 days
Billie
Time to fully onboard new customer
Bank scoring module and fraud engine
developed on 110 million bank transactions
from ETL‘s SME clients over the last 10 years
Know Your Customer (KYC) checks without ANY
manual data entry by customers or Billie agents
enabled by plugging in multiple databases
Selected Completed NOAH Transactions
Focus on Leading European Internet companies
Covering over 400 companies across 25 online verticals, a broad range of over 500 investors as well as 100+ online-focused corporates
Deep understanding of industry dynamics
Ability to add value beyond banking advice
Facilitates overall process and minimizes management distraction
NOAH Advisors is globally well connected and has direct access to virtually all key players in the industry
Knowledge of and strong relationships with potential buyers’ key decision makers
Proactively finds and unlocks attractive investment opportunities for leading investors
Annual NOAH Conference in its 8th year
Over 40 years of combined relevant M&A experience
Routine execution of M&A and financing transactions with sizes of several billion euros
30 successfully completed NOAH Advisors transactions underline successful transfer of M&A competencies to the Internet sector
Entrepreneurial mind-set, focused on growing the business and establishing a reputation for excellence
Ability to deliver top results in short time frames
Highly success-based compensation structures align interests of clients and NOAH Advisors, and demonstrate conviction to deliver top results
Creative deal solutions
December 2014
September 2014
October 2014
May 2014
Sale of 100% of
for $800m to
Exclusive Financial Advisor to Fotolia and the Selling Shareholders
Sale of 100% of
for €80m to
Exclusive Financial Advisor to Trovit and its Shareholders
Sale of controlling stake in
to
Exclusive Financial Advisor to Facile.it and its Shareholders
sold 100% of
for $228m to a joint venture between
Exclusive Financial Advisor to Yad2 and its Shareholders
Unique Industry Know-How
Unmatched Network and Relationships
Strong Investment Banking Competence
Full Commitment - We Are Entrepreneurs!
EUROPE’S LEADING INTERNET CORPORATE FINANCE BOUTIQUE
September 2016October 2016
December 2016
Financial Advisor to Oakley Capital
®
Marco RodzynekManaging Director & Founder
Jan BrandesManaging Director
Justus LumpeManaging Director
The NOAH Advisors Core Banking Team
Nikhil ParmarDirector
Acquisition of a Majority Stake in
by
from
at a valuation of €300m
Investment in
Exclusive Financial Advisor to KäuferPortal and its Shareholders
by
84% Ownership
Financial Advisor to Silver Lake
Investment in
by
August 2017
Financial Advisor to EMK Capital
Acquisition of a Majority Stake in
by
at a valuation of $200m