1. Valitor Overview
June-2016

2. Strictly Confidential
 Established Financial- & Credit institution since 1983
 Building own payment software solutions from the start
 Leading acquirer and issuer in the Icelandic market
 Group member of VISA EU since 1983
 Principal member at MasterCard since 2009
 International acquiring since 2003
 International issuing and focus on prepaid since 2011
 PCI - DSS level 1 security certification since 2011
 Over 250 committed, service-oriented and experienced employees
Valitor Overview

3. Strictly Confidential
Our Values

4. Strictly Confidential
Vision
To be a leading payment services company and recognised for our
innovative approach

5. Strictly Confidential
We are a Growth Company
2015 Growth of 30%
Following our vision and strategy set in 2012 has been fruitful
We continue to grow in all markets
2016 Continued growth
We aim to leverage Product Development across all markets we compete in
Personal and Proactive account management
Challenges in service level and scalability being met
Enhance our growth by acquisitions
Seek new investment opportunities: PSPs, Direct ISOs, Issuing program managers

6. Market development and trends

7. Strictly Confidential
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Traditional Payment ecosystem is being challenged – U.S. leads the way
 Traditional POS and e-com with traditional card-scheme networks & infrastructure is being challenged
 Technology and software innovative ventures are challenging incumbent payment models with new
payment methods and financial services
 Global investment in Fintech ventures tripled to $12B in 2014 to over $20B in 2015 ($8,8B YTD 22-April)
Disruptive industry changes in motion
 ApplePay, Google, Facebook = providers with millions of users connected
Blockchain / Bitcoin
Payments Market Development and Trends

8. Acquiring Market Focus
Valitor´s acquiring strategy is to focus on small and medium merchants (SME)
and some large in the markets where it competes

9. Strictly Confidential
E-commerce
 Payment platform providing e-commerce businesses with global payment processing solutions
 Focus on mid-tier and larger companies in the Nordics and UK market over the next 2 years
 Supports UK direct approach via Markadis and also Iceland Acquiring
 With HQ in Copenhagen and sales office in London, AltaPay has 32 people – plan for 40+ by end of 2016
 A fast growing company with 100% YoY growth in 2015
 Acquired by Valitor in December 2014
Card-present
 Direct end-to-end value chain focusing on gaining market share in DK
 Upon successful execution in DK, focus on other Nordic countries
 Omnichannel offering (e-com & POS) providing competitive advantage
Direct channel - AltaPay

10. Valitor Overview
June-2016