como globals. a . company overview

C O M O G L O B A L S . A .

A u g u s t 2 0 2 1

PRIVATE & CONFIDENTIAL - COMO GLOBAL S.A. @2021

C O M P A N Y O V E R V I E W

Welcome to

Digital LifeAll your global business’s payment needs orchestrated through a single platform.

COMO Digital Life, the gateway to your digital financial prosperity..

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@2021 Confidential Property of COMO Global S.A.

COMO FORDIGITAL LIFE

COMO FOREFFICIENCY

COMO FORPROSPERITY

COMO ISREAL-TIMEThe

New Generation of Service Providers

COMODigital Life

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Accept global payments in different currencies

Automated finance and bookkeeping

Efficient cross-border payment transactions

+ +

You can choose the COMO DIGITAL L IFEservice that is right for you

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Extensive. Secure. Effective payment service for your global business needs.

Y O U A R E G E T T I N GPayments in

+71 countries

API integration

Automatedreconciliation

Merchant acquiring& PSP service

200+ paymentmethods

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Fully automated financials

Y O U A R E G E T T I N G

Automated reconciliation and

fee-splitting

Automatically post ledgers on ERP systems

AR & APsynchronization

Automatedinvoicing

Pay-outorchestration

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A multi-currency IBAN accounts service

Y O U A R E G E T T I N GOne IBAN across 25+ currencies

Reduced AML & KYC risk

Same day settlements for SEPA payments

APIintegration

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Today's ChallengesPayment schemes and Instant Payment Systems across the worldare not connected – making international payment transactionsslow, costly and producing fragmented data.

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The SolutionCOMO Digital Life connects payment schemes and instantpayment systems. We enable interoperability,international payments and merging all payment data.

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ExpectedOutcome

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REVENUESLOST REVENUES5% OF THE TOPLINE

Abandoned transactionPayment method not supportedFraud

RECOVERUP TO+90%

ADMIN COST4.5% OF THE BOTTOMLINE

RefundsChargebacksBanking and otherinfrastructure costs

ReconciliationInvoicingPayoutsAccounting

PROCESSING COST2.5% OF THE BOTTOMLINE

Issuing feesGateway feesAcquiring feesFX fees

SAVE UP TO30%

Cross-board feesIBAN AccountsPSD2 / MerchantID Service

PROCESSING COST3% AND MORE OFTHE BOTTOM LINE

IBAN AccountsFX feesBanking feesSEPA

Faster Payments/RTPACHInstant Other LocaleSWIFT Cross-border fees

RECOVERUP TO+80%

SAVE UP TO60%

SAVINGS

Merchants, Dynamics & Results

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PaymentInstitution

U S E C A S E

If your payment institution wants to expand its serviceoffering, without increasing internal and operation staff orinvesting in additional in-house IT infrastructure, COMODigital Life is the right place for you. Now you can havepayments orchestration, multi-currency account support,and connectivity to acquirers and alternative paymentproviders; all through a single platform. Your prosperity isour number 1 priority.

The 3 services of COMO Digital Life: COMOWORLD, COMO SYNCHRO and iBAN-X by COMO, willenable your payments ecosystem to have a seamlessglobal expansion while increasing your value with noinfrastructure investment.

+200 payment methods in+71

countries

Fraud prevention

Automated reconciliation,

fee-splitting & invoicing

Integration toERP systems

AR & AP synchronization

Multicurrency IBAN account service

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I f t h e CO S T S p e r a n n u m i s :

For a PaymentInstitution today €7,090,920

With COMODigital Life €4,231,440

Savings €2,859,480

Through:recovering LOST REVENUElowering ADMIN COSTlowering PROCESSING COST

The Payment Institution will have €2.86m profit INCREASE

and therefore, increase the shareholder value.

COMO Digital Life will have a gross margin of 70%.

Savings with COMO Digital Life

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REGULATEDINSTITUTIONS

DIGITAL BUSINESSES ANDCORPORATES

We transform the way both businesses and regulated institutionshandle their payment flows.

Corporates will improve their payment flows. And they could create their own white-label financial services.

Institutional clients use the platform for customizable, API-controlled, multi-currency payment flows.

MARKETPLACES

DIGITAL LIFE SOLUTION iBAN-X SOLUTION

Receive, split, reconcile, andsettle payments in a PSD2regulated and compliantenvironment.

Simplify their payment with World / iBAN-X.

Create their own financialservices with World /Synchro / iBAN-X’ white-label payment products.

RESELLERSCollect, settle, and managetheir payments and bankingtransactions.

Automate payments in a PSD2 compliant environment with multicurrency IBAN accounts.

BANKS

PAYMENTINSTITUTIONS

OTHERBUSINESSES

Upgrade their eMoney withIBAN accounts and moretop-up solutions.

EMONEYINSTITUTIONSTarget

Clients

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Safe, Modern Alternative to Correspondent Banking w/Enhanced KYB & Communal Sharing of Data

Innovative Product but No IT Project

Far More Competitive & Profitable

Safe - No Need to Collect or HoldRecipient PII or Bank Account Data

24x7 Instant Global Payments

Less Expensive and Easy to Automate Business Processes

Using a Simple API or Web App

Banks/ Financial InstitutionsConnecting banks globally through a Single Payments’ Platform

Businesses

Enabling business to easily Pay Anyone, Anywhere

Recipients

Giving recipients unprecedented, powerful,and highly desirable options to instantlyreceive, access and control their money

Save

Get Card

Share withOthers

Transact & Pay

Transfer toBank

Earn

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User access granted with required functions and

approval

View and report on all

accounts and activity

Create re-occurring payments

Instruct single and bulk payments

Can be sent through the iBAN-X web platform or via our API

Request real-time status updates on balances and payments

Providing multi-currency IBAN accounts powered byflexible, API-driven technology to create simple, compliantand cost-efficient payment and banking solutions.

Delivered via our state-of-the-art legacy-free technology atlower operating costs and fees.

Benefits of using iBAN-X:

• Competitive processing costs vs mainstreambanks/financial institutions;

• With a single application, open one single multi-currency account (up to 25+ currencies);

• To scale up by reducing the time to market;

• Flexible payment methodology: payment through theiBAN-X platform or via the API;

• Fast to market approach with reduced AML and KYCrisk as a result of end-to-end transparency.

Optimizing with iBAN-X

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ProductFlexibility

01 02 03 04 05

PSP’SBANKSFINTECH’S

ENTERPRISES& MARKETPLACE

SMESMALL & MEDIUMENTERPRISES

Services you can combine

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COMO Digital Life Positioning in the

competitive landscape One unique service all in one.

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Payments

Gateways

ProcessingAcquiring

Schemes(cards)

Issuers

Orchestration

PSP IBAN accountsSWIFT – SEPA – FX –ACH – Faster

MoR Services

Multi-currency 3rd party Credits & Loans

AutomatedReconciliation

AR/AP Automation

Platforms

Acquirer Bank as a Service

Alternative PaymentMethods

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MarketWorldwide

B2C vs. B2BE-commerce Market SizeB2C

$ 3.2 TR

$ 6.7 TR $ 6.6 TR

$ 20.9 TRB2B

2020 2027

Business-to-Business E-Commerce (2020 - 2027) By Size, Share & Trends Analysis Report By Deployment Model (Supplier-oriented,Buyer-oriented), By Application, By Region, And Segment Forecasts.Published Date: May 2020 / Base Year for Estimate: 2019 / Report ID: 978-1-68038-090-3,

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MarketWorldwide

+/-$80TRILLION

MARKET SIZE

In 2019 SWIFT processed

$77 TRILLION GROWSANNUALLY

FinTechs are surpassing banks oncross-border payments

Goal of FinTech: Disintermediate & Commoditize Banks

Goal of COMO: Enable Banks to Compete and Win

”

B2C & B2BCross-Border Payment Market

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Recognized Global BrandsTrust COMO as Their Partner*

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*all logos here are used for information only.

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Experienced LeadershipExpanding Global Presence

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@2021 Confidential Property of COMO Global S.A.25

Uwe NickelCTO

Giordano Cortes

Jeronimo ChavarriaHead of Corporate

Development

Stefán Halldór StefánssonHead of Relationships

Angela NickelCEO

Carlos Corea LacayoChief Id Officer

Henning TheobaldCompliance Officer

at iBAN-X

Olivier GodinCOO at iBAN-XCEO at iBAN-X

LUXEMBOURG | LONDON | NEW YORK | LISBON | GENEVA | BUDAPEST | MEXICO CITY

Corporate Summary

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It is then when COMO decides to implement a new payment transactionplatform from SAP cloud banking including automated KYC onboardingand AI driven Pre/Post Transaction Monitoring. The re-launch is plannedfor 12/2021.

COMO Digital Life automates transactions, from pay-in to pay-out, on asingle platform, including automated reconciliation, invoicing, paymentfulfilment, payment splitting and pay-out information. Saving time,reducing errors and risks and providing significant increase of profitabilityfor PSPs and merchants.

COMO empowers PSPs’, Corporates, and merchants. So, for the firsttime, they can be in control of their own payments value chain.

COMO connects PSPs (payment service provider), Corporates, ormerchants to one of the largest alliance of payment acquirers on oneplatform via a global gateway, so they can access all these paymentservices with one easy and only API implementation.

With iBAN-X by COMO, we will support PSPs (payment service provider),Corporates, or merchants to orchestrate and manage their global pay-out needs through the main instant payment systems through multiplecorrespondent bank connections. iBAN-X provide other paymenttechnologies such automated KYC on-boarding, AI driven AMLtransaction monitoring, etc.

COMO is connecting iBAN-X to a new client segment of merchants andPSPs. As part of COMO Group, iBAN-X can leverage, not only capital,but also synergetic effects.

COMO Group S.A. and COMO Global S.A. (“COMO”) wereincorporated in 2014 with the vision to change the way the worldtransacts with payments through technology in a simple and transparentecosystem.In December 2020, COMO acquired ONPEX S.A. and renamed it iBAN-XS.A. under the brand "iBAN-X by COMO“, following the company’smission within the context of payment processes.

COMO Global S.A. 63 Grand Rue3927 Mondercange Luxembourg

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COMO Group S.A.R.C.S. Luxembourg B 192 414COMO Global S.A. R.C.S. Luxembourg B 192 940COMO Services Unipessoal, Lda. LisbonC.R.O. Portugal no. 62010-R3COMO Digital Life S.à r.l. LuxembourgSetup in July 2021iBAN-X S.A. CSSF license no. Z00000013 (Payment Institution)R.C.S. Luxembourg B 208 603

3 Products2 API’S

1 Partnership Endless Opportunities

COMOGroup Future

Global

Group

DigitalLife iBAN-XServices

COMOGlobal

COMOGroup

COMOiBAN-X

COMOServices

COMODigital Life

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LUXEMBOURG | LONDON | NEW YORK | LISBON | VALENCIA | BUDAPEST | TEL AVIV

COMO GLOBAL S.A63 GRAND RUE | 3927 MONDERCANGE | LUXEMBOURG

WWW.COMOGLOBAL.COM

COMO's services are delivered globally through a single Payment Infrastructure.

Luxembourg's triple-A rate environment guarantees the mostsecure environment for COMO's services.

71+ PAY-IN COUNTRIES150+ PAY-OUT COUNTRIES200+ PAYMENT METHODS

FXGLOBAL FRAUD DETECTIONKYC/AML

IBAN ACCOUNTS as a ServiceMERCHANT ID as a Service (PSD2)COMO Digital Life

SEPA, SWIFTCARDS

APM’S +++

3 Products2 API’S

1 Partnership Endless Opportunities

Angela NickelChief Executive Officer

@: [email protected]: +352 621 681 671

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mailto:[email protected]


DisclaimerThe information contained in this confidential document (‘Document’) has been prepared by COMO Global S.A. for COMO Group S.A. and all subsidiaries (‘theCompany’). While the information contained herein has been prepared in good faith, neither the Company nor any of its shareholders, directors, officers, agents, employees oradvisers give, have given or have authority to give, any representations or warranties (express or implied) as to, or in relation to, the accuracy, reliability or completeness of theinformation in this Document, or any revision thereof, or of any other written or oral information made or to be made available to any interested party or its advisers (all suchinformation being referred to as ‘Information’) and liability therefore is expressly disclaimed.

Accordingly, neither the Company nor any of its shareholders, directors, officers, agents, employees or advisers take any responsibility for, or will accept any liability whetherdirect or indirect, expressed or implied, contractual, tortious, statutory or otherwise, in respect of, the accuracy or completeness of the Information or for any of the opinionscontained herein or for any errors, omissions or misstatements or for any loss, howsoever arising, from the use of this Document.

Neither the issue of this Document nor any part of its contents is to be taken as any form of commitment on the part of the Company to proceed with any transaction and theright is reserved to terminate any discussions or negotiations with any prospective investors. In no circumstances will the Company be responsible for any costs, losses orexpenses incurred in connection with any appraisal or investigation of the Company. In furnishing this Document, the Company does not undertake or agree to any obligationto provide the recipient with access to any additional information or to update this Document or to correct any inaccuracies in, or omissions from, this Document which maybecome apparent.

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COMO Product

Features

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SME MERCHANTS,CORPORATES, B2B,G2P, G2B

THIRD PARTY

MARKETPLACEB2B2X

PSP FINANCIALSERVICE

Multi-currencyIBAN-Accounts

SEPASWIFTFX

KYC / AMLIntegrated onboardingAI Driven AMLTransaction Monitoring

Payments &Collections on Behalf

MID ServiceAPI Integration

71+ Countries200+ Payment Methods

PSP Service / MIDService / PSD2

Chargeback ManagementAI Fraud Screening3D Secure 2PCI DSSDynamic CurrencyConversion

AutomatedReconciliation

Reporting & TransactionManagement

API IntegrationMobile SDKSDKPluginsServer-to-ServerCopy&PayTap2GoQR Code Check outPay by LinkTokenisation Cardstore

AUTOMATIONSynchronizing AccountReceivables and Payables

ReconciliationAt Transactional Level

TransactionSplittingVAT. Tax Stakeholders

AnalyticsMined from Data

Billing &SettlementsAutomated at Scale

FINANCIAL LEDGERAutomated posting to theERP financial system

for Merchant Acquiring Service, Payments and Collections on behalf (POBO/COBO), and Merchant ID Service Globally

COMODigital Life

No More Manual, Slow & Error-Prone Tasks

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Marketplace

SDK Single APIMobile SDKSDKPluginsServer-to-Server

Copy&PayTap2GoQR Code Check outPay by LinkTokenisationCardstore APM

Chargeback ManagementAl Fraud Screening

3D Secure 2PCI DSS

Dynamic ConversionCurrency

71+ countries200+ Payment Methods

Merchant Id Service

Automated reconciling

Reporting & Transaction management

PSP/Financial institutions Fraud

Integrated extension of COMO World API

InvoicingSplittingVAT

BillingStatementsSynchronization of AR/APPay-Out order

Integrated on-boarding KYC automation AML AI Pre- and Post transaction Monitoring

KYC/AML Network

Security Acquiring ReconciliationDigital BusinessDeveloper

Corporates

SME

Partner

Fintechs/Banks

Access to multi-currency IBAN accounts, cross-border transaction banking and FX services

Digital Payments Infrastructure for Businesses and Regulated Financial Institutions

API integration

Own SWIFTnet connectivity with BIC8 and Luxembourg Bank Sort Code for global payments

Own SEPA clearing participation for European wide payments

Account Receivables

Account Payable

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Brand Messaging: COMO World as a Service

COMO World

COMO helps to meet regulatory requirements by enabling marketplaces, corporates,enterprises to accept, process, and manage payments like credit/ debit cards or alternativepayment methods.COMO World as a Service brings down the cost of demanding legislation and compliance(PCI-DSS, PSD2, AML, etc.) including cross border settlements. Services include managingdeclined payments, maintaining a merchant account, chargeback management, user refunds,attempted frauds, consolidated reports, settlements in local markets, automatedreconciliation and a myriad of other complications that arise when trading with your productsand services online.

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Brand Messaging: COMO SYNCHRO: Automated AR & AP Services

COMO SYNCHRO

Reconciliation of data from multiple sources is required for processing payments. COMOconnects to these sources and automatically standardizes all transaction data; so, on a singleplatform, that transactions can be automatically processed from pay- in to pay-out.

COMO SYNCHRO automates accounts receivables and accounts payables at a transactionlevel, which includes reconciliation of invoicing, billing, payment fulfilment and all relatedfinancial documents are all automatically created and processed. SYNCHRO prepares theresult to auto posting in your multiple financial and ERP systems.

All data relating to each transaction, including supplier inventory details, is stored. COMOSYNCHRO automates dynamic payment splitting, useful for the pay-out of sales tax, supplychain and all cross channels.

This automation saves merchants up to 85% overall costs, adding 2% net profit to thebusiness. Additionally, it saves them time, reduces errors, and removes risk.

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Brand Messaging: iBAN-X by COMOMulti-Currency IBAN Account as a Service

iBAN-X by COMO

Our state-of-the-art Payments-as-a-Service integrates your modular solutions by offeringnew payment services and fulfilling your customers ever- changing payment and transactionbanking needs.iBAN-X by COMO offers a range of different services including cross-border payments likeSEPA, SWIFT, multi-currency management, or multi-currency IBAN account issuing andcompliance for the likes of PCI-DSS, PSD2 and more.

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como globals. a . company overview

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