1990Big 5 Market Share = 75%

1812Bank of

Montreal Founded

1901First Credit

Union (Desjardins)

Founded

201740+ AltFi consumer

and business lenders

Banking Evolution(?) in Canada

1997First Virtual

Banks Established

2014Grouplend

established 1st P2P AltFi

2013Big 5 Market Share = 70%

2006Mogo issues

first AltFi loan online

The Power of Choice

Full Spectrum of Consumers

700 FICO +

650 FICO +

450 FICO +

Underlying Process

Capture

• Borrower application

Choice

• Lender Pre-approval

Funding

• Data handoff

• Borrower funded

Referral fee received

Competitor AnalysisCustomer Spectrum

Convenience

Integrated Partners

+ 10 more to be added in 2017

Market Upheaval

Non-Mortgage

Consumer + Small

Business Debt >$600B

1990Debit Cards

introduced at Point of Sale

1968First ‘Chargex’

credit card issued

1973BMO introduces ‘Mastercharge’

2017First open

market loan will be used to fund

point of sale transaction

Payment Evolution Revolution

POS Revolution

Personal Loans

Purchase Financing

Credit Cards

Debt Management

Auto LoansInsurance

Benefits Assistance

Wealth Management

Secured LendingCredit Improvement

Team

Chris Healy MBA

COO18+ years in Finance & Operations

Ketan Patel MDCIO

10+ years in Informatics &

Decision Systems

Adam Rice MBACEO

10+ years in Marketing &

Startups