Technology

Copyright 2012 P2P Cash, Technology Inc. All rights reservedⓒ

SWIFTRemit Mobile Money Transfer Standard

Technology

Technology

04/08/23 Confidential Page 2

P2P Cash Business Opportunity

• P2P Cash GoalAggregate fragmented $400 Billion money transfer industry around common Standard: SWIFTRemit

• Significant Bank Opportunity – Banks have ONLY 25% of worldwide market*– Western Union + Money Gram-<20% of market– Remaining - fragmented low-tech competitors

• SWIFT Remit + mWallet= Worldwide Standard– P2P Adopting SWIFTRemit - Adding mWallet– Two pending patents protect the solution

*SWIFT

Technology

SWIFT+P2P=World Standard

04/08/23 Confidential Page 3

Today 2012:Q2-Q3

Technology

04/08/23 Confidential Page 4

Revenue Model

– Clearinghouse/Interchange Fees• Percentage of transaction (1%)

– Set-up and maintenance charges• Initial development fees

• System maintenance fees

– Trusted Agent Network (TAN) Retailer Fees• Retail Agents get Percentage of ALL financial services

• Insurance

• Micro-Credit

• Money Transfer

Technology

04/08/23 Confidential Page 5

World Class Bank Switch

Remittance Gateway

ACH/SWIFT Gateway

P2P Cash Mobile Gateway

Remittance Company

Remittance Company Any BankAny Bank

P2P Bank Switch

P2P Bank Switch

oooooo

oooooo

oooooo

oooooo

oooooo

oooooo

Consumer$ TAN

Agent

Technology

04/08/23 Confidential Page 6

P2P Cash Current Status

• $900,000+ invested to date by founders• Current Traction:

– Cyberplat: Largest Payment Processor in Russia

– SMART Agreement: Largest carrier in SE Asia -50M

– Kenya Hub Integration: Reach over 20 M mWallets

• 2012 Plans– Mexican Pilot Q2- Widespread Roll out Q3

– Integration to Google/ISIS Mobile Wallet(s)

– Citibank - Potential issuing mWallet partner

Technology

04/08/23 Confidential Page 7

Competition

• Competing Mobile Money Clearinghouse: BICS: Belgium Telecom- Alternative to SWIFTRemit

• Competing Mobile Wallet Providers:– All proprietary systems want to “own” the consumer and drive

adoption of their own proprietary mWallet

• VISA/MC/Western Union/Money Gram:• Their overhead precludes making money at low transaction size.

All the Above are Potential Licensees/Partners of P2P Cash

Technology

Go To Market Strategy

• Banks Get FREE Mobile Wallet:– New Mobile Money Transfers– Foreign Exchange Fees– New Services: Insurance, Micro-Credit

• Distribution: – Prepaid Cellphone/Money Transfer Retailers

These Retailers become Street Corner

BANK AGENTS

04/08/23 Confidential Page 8

Technology

P2P Mobile Cash Router

04/08/23 Confidential Page 9

Banco D’Oro- BDO

VPN Clear

SWIFTRemit

*P2P Cash Routes Cash based upon business rules using Cell Number as “Routing” Number

Cash + CELL Number*

Trusted Agent

Technology

04/08/23 Confidential Page 10

Experienced Management Team

• Tom Meredith, CEO

– Financial Services/Telecom Entrepreneur; MBA-Harvard, Stanford Eng

• Ranjit Singh, COO

– Citicorp, VP Information Technology; Xerox –Corporate Officer; COO of ContentGuard- Xerox JV with Microsoft; Chairman Rockefeller Group.

• Morris Mwanga, CTO

– Developed real-time mobile Bank Switch for M-Pesa in Kenya; Kenya Stock Exchange and mobile banking expertise

• Thomas Flohr, CEO, P2P International

– Emerging Markets Expert/Morgan Stanley, JD Columbia, MBA Harvard

• Paul Polus, CFO

– Capital One, Certegy, x- CEO of large debit/credit card processor

• Kern Lewis, VP Marketing

– VP, Marketing. Reseller network development. Previous experience with American Express, World Savings Bank, MBA, Harvard

Technology

04/08/23 Confidential Page 11

Use of Proceeds

• Seeking $5 million:– $3M Circled from Prominent VCs– Execution of Sales and Marketing

• Build Out Current Contracts: Philippines, Mexico, Kenya

• Close/Implement Pending Contracts: India, China• Hire three internationally-placed representatives

– Expand development team• Integrate Bank Partners• New Insurance and Credit services

Technology

04/08/23 Confidential Page 12

Financial Projections

2012 2013 2014

Distribution Partners 6 24 100+

Remittance Volume $58 $340 $642

Remittance Revenue $.7 $4.8 $9.9

Total Revenue $2.8 $19.1 $37.5

EBITDA $.2 $13.9 $27

Net Income $.6 $8.6 $16.6

Key Action ItemsRecruiting new partnersSpeedy integration processTraffic-building marketing programs (cooperatively with partners)*All figures except Partners in $millions

Technology

04/08/23 Confidential Page 13

Summary

• SWIFTRemit + Mobile Wallet = Money Transfer Standard – Patent pending CLOUD solution to mobile money transfer

– First to Market with new SWIFT standard for mobile wallets

• Large fragmented market in mobile money exchange– SWIFTRemit distribution costs VERY LOW

– Removes WU/MG competitive advantage

• $38 Million in revenue within three years– Based on gaining only 0.2% market share

• Seasoned management team with contracts in hand

• Clients in US, Kenya, Mexico, India, Philippines