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SpotMe
The New Way To Lend
Money....


Nolan Astrein, Josh Busuito and Gaurav
Kulkarni
The Problem
●Keeping track of loans


●Asking for immediate loans


●Determining the security of a loan
The Solution
●Log and track loans


●Ask friends or community over
mobile app


●Compute loan reliability and
security
Behind the scenes
      Device 1                   Device 2                 Device 3

Approves                                                        Approves
or Denies                   Receives                            or Denies
Loan                        Loan       Requests                 Loan
            Requests                   Loan     Requests
            Scores & Loan                       Scores & Loan


                                Web Server

                                       Transaction
                                       Processor



                                  Venmo
Interface
MVP
●Request loan


●Approve loans


●View outstanding loans


●Create and log transactions
MVP 2.0
●Log external loans


●Compute Reliability


●More refined loan options
Milestones

                            Nolan                      Josh                       Gaurav
                    Establish methods for
                                              Create basic Andriod app Create basic iOS app
          Week 1    communicating with
                                              framework                framework
                    external services
                    Achieve working
                                                                          Develop basic user
          Week 2    communications with       Create art assets
                                                                          functionality
                    database
                    Set up database for       Link Android front end to   Link iOS front end to
   (MVP 1) Week 3   transaction records       back end                    back end
                    Add back end                                          Develop and implement
                                               Add UI elements for new
          Week 4    functionality for advanced
                                               features
                                                                          algorithm to track user
                    loan features                                         reliability/karma
                    Implement user tracking   Polish user interface and   Adapt database for new
   (MVP 2) Week 5   and records               experience                  features
                    Test, debug, and refine                               Alter back end systems
                                              Improve UI and visual
         Week 6+    back end transaction
                                              elements
                                                                          to support improvements
                    features                                              and new features
Competitors

             Track   Make
             Loans   Loans
 SpotMe
               X       X
 PayMeBack
               X
Secret Sauce

●Experienced and dynamic team
  ○ Java, iOS, Web Services

●Clear goals and expectations


●Graphic design abilities
Fin
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SpotMe pitch

  • 1. SpotMe The New Way To Lend Money.... Nolan Astrein, Josh Busuito and Gaurav Kulkarni
  • 2. The Problem ●Keeping track of loans ●Asking for immediate loans ●Determining the security of a loan
  • 3. The Solution ●Log and track loans ●Ask friends or community over mobile app ●Compute loan reliability and security
  • 4. Behind the scenes Device 1 Device 2 Device 3 Approves Approves or Denies Receives or Denies Loan Loan Requests Loan Requests Loan Requests Scores & Loan Scores & Loan Web Server Transaction Processor Venmo
  • 6. MVP ●Request loan ●Approve loans ●View outstanding loans ●Create and log transactions
  • 7. MVP 2.0 ●Log external loans ●Compute Reliability ●More refined loan options
  • 8. Milestones Nolan Josh Gaurav Establish methods for Create basic Andriod app Create basic iOS app Week 1 communicating with framework framework external services Achieve working Develop basic user Week 2 communications with Create art assets functionality database Set up database for Link Android front end to Link iOS front end to (MVP 1) Week 3 transaction records back end back end Add back end Develop and implement Add UI elements for new Week 4 functionality for advanced features algorithm to track user loan features reliability/karma Implement user tracking Polish user interface and Adapt database for new (MVP 2) Week 5 and records experience features Test, debug, and refine Alter back end systems Improve UI and visual Week 6+ back end transaction elements to support improvements features and new features
  • 9. Competitors Track Make Loans Loans SpotMe X X PayMeBack X
  • 10. Secret Sauce ●Experienced and dynamic team ○ Java, iOS, Web Services ●Clear goals and expectations ●Graphic design abilities