Upload
adigital
View
1.165
Download
0
Embed Size (px)
Citation preview
Copyright © 2015 Kantox
• The Fintech wave • 1st Wave: “Verticals”
Lending club
Kantox • 2nd Wave: “Banks”
Fintech banks
Marketplace banking
GAFAs
Index
Copyright © 2015 Kantox
“Fintech” - Definition
Companies that leverage TECHnology to build disruptive business models in the
FINancial industry
Copyright © 2015 Kantox
“Fintech” - Why now?
• Industry pain points:
Opacity
Overpricing
• Maturing digital economy and appetite for alternative finance
• Changing regulatory frameworks supporting Fintech: Payment Service Directive, banking licenses in the UK
Copyright © 2015 Kantox
“Fintech” - The promised land
EFFICIENCY
TRANSPARENCY
FAIRNESS
SIMPLICITY
1
2
3
4
Copyright © 2015 Kantox
“Fintech” - Obstacles
• Trust issue
• Banks are trying to react with « ugly plays »
• No Fintech is a one stop shop
• Regulation is complex and not global
Copyright © 2015 Kantox Kantox | Corporate Presentation
We are building an alternative FX marketplace where businesses and financial institutions can exchange foreign currencies
1st Wave - “Verticals” Kantox
Copyright © 2015 Kantox Kantox | Corporate Presentation
1,3% Average % saved per transaction
3,39% Largest % saved to a single client
€400.000 Largest amount saved to a single client (per year)
46 Million EUR Total amount saved to our clients from inception
100.000+ EUR Average amount per trade
33 Million USD Largest single trade
1.700 # of clients
2 Billion EUR Amount exchanged from inception
1st Wave - “Verticals” Kantox
Copyright © 2015 Kantox
2nd Wave: “Fintech banks”
• Online relationship:
20.000 branches closed in Europe since 2008
Millenials want the relationship to be online • User experience:
Banks are really bad at offering a great online customer experience (not in their culture)
Copyright © 2015 Kantox
2nd Wave: “Fintech banks”
Built from scratch
Banking license
Mobile first
Zero legacy
1
2
3
4
Copyright © 2015 Kantox
2nd Wave: “Marketplace banking”
Bank based on 5 simple elements: 1. Core banking platform built from scratch
2. API layer to connect to 3rd parties
3. A customer base / CRM (customer support team)
4. Compliance / KYC infrastructure & processes
5. Banking license (independence / ability to hold client funds)
Copyright © 2015 Kantox
2nd Wave: “Marketplace banking”
Products offered limited to “funds holding”:
• Bank accounts • Credit and debit cards • e-Wallet
Other services provided by 3rd parties / API:
• Old-school banks • Financial institutions • Fintech companies
Copyright © 2015 Kantox
2nd Wave: “GAFAs”
• Super strong brand image
• Highly focused on customer service & UX
• 73% of Millenials declare being more excited about a new offering in financial services from GAFAs than their own bank
Copyright © 2015 Kantox
« I am dying to fund a disruptive bank »
Marc Andreessen
Founder of Netscape Investor
Headquarters
Longcroft House
2-8 Victoria Avenue
London EC2M 4NS
UK
(+44) 20 3608 6984
Barcelona Office
Torre Mapfre, Planta 10
Marina, 16-18
08005 Barcelona
Spain
(+34) 935 679 834
Kantox Ltd is authorised
in the United Kingdom by:
The Financial Conduct Authority (FCA)
as a Payments Institution, under the
Payment Services Regulations 2009.
(REF: 580343).
HMRC as a Money Service Business
(REF: 12641987).
Information Commissioners Office
for applicable data protection laws
(REF: PZ2909796).
kantox.com
Copyright © 2014 Kantox