ID Finance and Mintos Cooperation Overview

INNOVATION LEADER

BIG INNOVATION AWARD

2017

BEST LENDING PLATFORM

BENZINGA GLOBALFINTECH AWARDS

2017

TOP-2 FASTEST GROWING FINTECH

COMPANY IN EUROPE

FINANCIAL TIMES

April 2018

TOP-50 FASTEST GROWING

COMPANY IN EUROPE

INC. 5000 EUROPE

March 2018

BEST ALTERNATIVE FINANCE COMPANY

EUROPEAN FINTECH PUBLIC AWARDS

2016

EUROPE TOP 100: WINNER «FINANCE»

RED HERRING

2016

ID FINANCE MISSIONINTERNATIONAL CONSUMER FINANCE PROVIDER

1DATA-DRIVEN

Fully in-house IT & risk management system

2

3

4

Build an international data-driven financial

institution to provide convenient financial

servicesPRODUCT

Tailored to meet consumer needs driving high client retention

RISK CONTROLCompliance with all regulatory requirements across the group

INTERNATIONAL EXPERTISEScalable business model

3

92197

421

717

1 137

1 624

2 199

62 122232

366558

803

1 112

2016 2017 2018F 2019F 2020F 2021F 2022F

Issuance ($m) Revenue ($m)

Sep-12 Feb-13 Jul-13 Dec-13 May-14 Oct-14 Mar-15 Aug-15 Jan-16 Jun-16 Nov-16 Apr-17 Sep-17 Feb-18

LEADING INTERNATIONAL FINTECH COMPANY

ID Finance Overview

Innovative Digital Finance (ID Finance) Global expansion and unique registered clients

Financial highlights

5.3m

Mission Build an international data-driven financial

institution to provide financial services to the underbanked

Key facts

Founded: 2012 Employees: 600 Geographic presence: 9 countries Products: consumer finance provider

Investment highlights

Scalable model: launch in new geography within 3 months

Exceptional traction: net loan portfolio grew at 221% CAGR Q1 2014 – Q1 2018

High client loyalty: 90% of new clients generate repeat business.

High Return on Marketing Investment:$4.4 cash net income from $1 invested into CAC

High ROAE: 43% in 2017FY

High profitability: $100+m of net profit expected in 2021+

Technology and data driven: Proprietary scoring model and in-house IT platform

$6.5m

$18m

$39m

$66m

$107m

$152m

Profit after tax

Current presence Strategic focus

$5.0m

RU 2012

KZ 2014

GE 2014

ES 2015 (HQ)

PL 2015

BR 2016

MX 2017

BL 2012 (R&D hub)

CO 2018

4

RAPID GROWTH DUE TO EFFECTIVE SCALING STRATEGY

Our History

$0.2m

Loan issuance dynamics

$1.7m $14m $36m $92m

Professional and motivated global and local teams

Centralised IT and risk-infrastructure

Monitoring of key indicators in real time

2012 2013 2014 2015 2016

Launch and risk optimisation CIS expansion European expansion LATAM expansion

Russia

Scoring and risk-management

Round A: $3.5m

Spain

Poland

Round B: $6.0m

Georgia

Kazakhstan

Installment loans

Brazil, Mexico

New products:

AmmoPay and Solva

Major factors for effective scaling

$197m

2017

5

ID Finance 2017 Results And 2018 Year Outlook

Loans issued ($m) dynamics Revenue ($m) dynamics

$421

$14$36

$92

$197

$750

50

100

150

200

250

300

350

400

450

2014 2015 2016 2017 2018E

113% 2017-18

144% 2014-17

CAGR

$232

$5

$20

$62

$122

$470

50

100

150

200

250

2014 2015 2016 2017 E2018

90% 2017-18

184% 2014-17

CAGR

Actuals Forecast

6

ID FINANCE CONTROLS THE ENTIRE CUSTOMER JOURNEY THROUGH HIGHLY EFFICIENT RISK MANAGEMENT

Highly Efficient IT & Risk-management System

Client acquisition

Scoring and fraud-analysis

Client management

Pre-collectionsCollections

Legal support

Fraud prevention

Data points are collected and analyzed in real time

10,000+Applications are processed automatically

98%Of the debt recovery achieved in-house through efficient client management system

70%Of clients become loyal customers through effective CRM system

90%

CLIENT LIFE CYCLE

Risk management present at every step of client life cycle ID Finance taps into global and local pools of information

7

STRATEGY FOCUSED ON ENTRY INTO SELECTED HIGH GROWTH MARKETS

Geographical Expansion

Launch Population* (m) Internet users* (m) Mobile users* (m)

Russia 2012 144 103 103

Kazakhstan 2014 18 10 15

Georgia 2014 4 2 3

Spain 2015 46 37 40

Poland 2015 38 27 27

Brazil 2016 208 123 130

Mexico 2017 127 73 86

Colombia 2018 48 27 33

USA 2019 321 239 258

Peru 2019 31 13 19

Total 985 653 714Current presence Strategic focus

* 2015 WorldBank, UNdata, eMarketer; 2016 Statista, Budde

Country of presence ID Finance

3%23%

33%

41% Share of European

and LatAm59%

1%20%79%

100%

Share of European

and LatAm0%

Share of European

and LatAm21%

E 2021 FY2017 FY2013 FY

Geographic diversification 2013-2021. Loans issued

Russia and CIS AmericasEurope Other region (Asia/India…)

8

FUNDS ATTRACTED INCREASED TO $3M PER QUARTER

ID Finance and Mintos cooperation

Funds attracted via Mintos, $k

Key highlights

Investors’Net Income

$6.5m$0.5m

Net outstanding portfolio

534

1 3561 566

3 677

0

500

1000

1500

2000

2500

3000

3500

4000

Q2 2017 Q3 2017 Q4 2017 Q1 2018

EUR GEL

Kazakhstan – astonishing market opportunity

10

LONG TRACTION OF SUCCESS

ID Finance in Kazakhstan Overview

TOP-1 market player in Kazakhstan

c. 0,5m clients

$10+ m net income (2018) ($5m in 2017)

Growth 400% in net loan portfolio (CAGR Q1 2014 vs. Q1 2018)

ID Finance in

Kazakhstan

Convenient online tool for

customers to finance their needs

ID Finance in Kazakhstan2014 Launch

11

SIGNIFICANT PORTFOLIO GROWTH KEEPING PORTFOLIO QUALITY STABLE

Net Loan Portfolio Dynamics

0,08 0,320,7

2,75,3

7,0

10

15

21

0

5

10

15

20

25

H1 2014 H2 2014 H1 2015 H2 2015 H1 2016 H2 2016 H1 2017 H2 2017 Q1 2018

12

Addressable Market Overview

MoneyManFeb-14

18m population (2017);

20m in 5 years

9m able-bodied

population

Population

Internet penetration

$5bn

Addressable market

80% population

use has internet access (2017)

+70pp in 10 years

Key growth drivers:

Product penetration increase

Offline players switch to online

*Source:…

TOP-1

Solva.kz share is 5%

in Q1 2018

Market Position

Solva.kzMay-17

13

Key Achievements

MFI license

Credit ratingA+

Founder of FintechAssociation

Active market player40% market share

14

SUPERIOR USER EXPERIENCE

Innovative Product

User-friendly website

200k-500kKZT

Max loan size

5minutes

Loan application time

12months

Max loan duration

Monthly payments

Flexible schedule

Male

35 years old

High education

Married

1 child

Full-time job, manager

Owns a house or an apartment

Client profile

($625 - $1560)

15

INVESTOR KEY VALUE PROPOSITION

Kazakhstan and Mintos

Interest rate

Loan term

Currencies

10.5% (EUR)

17% (KZT)

EUR and KZT1.25% conversion rate btw EUR and KZT

6 – 12 months

Guarantees Buyback guarantee: NPL 60d+ loans are bought back by ID Finance

1616

CFO @ ID Finance Kazakhstanalexander.pak@idfinance.com

Thank you!

Boris BatinCo-founder, CEO @ ID Finance

boris.batin@idfinance.com

Alexander Pak