Waleteros

2. LUIS
• Unbanked
• No Social Security #
• No access to credit

3. LUIS
• Unbanked
• No Social Security #
• No access to credit
CHECK CASHING STORE
• Time consuming
• Expensive fees
• No credit scoring solution

4. LUIS IS NOT THE ONLY ONE
50 / 50/10
M Hispanics
in the US
Source: US 2010 Census, Ibisworld
% unbanked or
underbanked
bn dollars in
fees & interest

5. EMERGING MARKETS EXPERIENCES
11.6M active users in Kenya
208 live deployments worldwide
Mobile Wallet Solution

6. SOLUTION ADAPTED TO THE US
Mobile App
that replicates
the services of
a Check Cashing Store

7. DESIGNED BY LATINOS FOR LATINOS

8. CHECK DEPOSIT

9. BILLS PAYMENT

10. BILLS PAYMENT

11. LINKED TO A PREPAID CARD
+

12. COMPETITIVE POSITIONING
Challenger
Established players
+ Thousands of independent
check cashing stores

13. CHECK CASHING STORE BUSINESS MODEL
• Free to join
• Customers only pay if
they use
CASH IN, PREPAID CARD
FREE
CHECK DEPOSIT
1.5%
US BILL PAY
$ 3 / BILL
Year 5 Revenues
$ 2 / BILL
INTL’ BILL PAY
$144M
MONEY TRANSFER
2,5%
P2P
$0.5
CASH OUT AT ATM
$2.5
MICRO LOANS
300 APR
Year 3
Break even

14. VISION AND UPSIDE OPORTUNITY
TRANSACTIONAL
TRACK RECORD
ALLOWING LOANS TO UNBANKED
LOWER INTEREST RATES FOR UNDERBANKED
PREMIUM DATA FOR FINANCIAL INSTITUTIONS

15. ACHIEVEMENTS
• Currently in beta mode at 5 enrolment
points in Miami
• 2014 Venture Hive Accelerator program

16. MOVING FORWARD
INVESTMENT
PURPOSE
KPI’S AT YEAR 1
$ 500 K
V2 MOBILE APP
COMPLIANCE & LEGAL SUPPORT
INTEGRATION WITH 3RD VENDORS
SALES, RISK MANAGEMENT & OPERATIONS
120 ENROLMENT POINTS
10,000 USERS
6,000 TRANSACTIONS / MONTH