際際滷

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Modern
Modern: Hackathon Demo at Cornell Fintech Hackathon
Underbanked
Consumers
No checking account
Limited 鍖nancial services
Risky illiquid assets
Cash hidden under beds
Businesses
Cash-carry risk
Expensive bank transfers
80M
People without bank accounts
Mexico
5.9M
Current micro鍖nance customers
Mexico
80M
People without bank accounts
Mexico
5.9M
Current micro鍖nance customers
Mexico
250M
People without bank accounts
Latin America
19.8M
Current micro鍖nance customers
Latin America
Modern: Hackathon Demo at Cornell Fintech Hackathon
Modern: Hackathon Demo at Cornell Fintech Hackathon
67% of smartphones
Dec 2014
Demo
Network e鍖ects
3
Factors to adoption
Micro鍖nance Lender
呉
310%
Lost interest revenue
Siempre Creciendo
Finclusion
Itaca Capital
Sol鍖
Fincomun
Equipat
Si Microcreditos
Conserva
Telecom deregulation
Auth via gov ID (KYC)
Micro鍖nance Lender has user documentation
Simple acquisition problem
Clean, simple app
Lighter than WhatsApp
Cell networkagnostic
Stores
OXXO (11,000)
7/11 (1,552)
Multired (14,000)
Banks
Banorte (1,269)
BBVA Bancomer (1,704)
HSBC (1,400)
Santander (706)
ScotiaBank (600)
Banamex (1,600)
Bill Pay
Telcel (cell)
TelMex (landline phone)
Movistar (cell)
IUSACELL
Sky (TV)
IZZI (TV)
CFE (Electricity & gas)
Maxcom
Your local business
Stores
OXXO (11,000)
7/11 (1,552)
Multired (14,000)
Banks
Banorte (1,269)
BBVA Bancomer (1,704)
HSBC (1,400)
Santander (706)
ScotiaBank (600)
Banamex (1,600)
Bill Pay
Telcel (cell)
TelMex (landline phone)
Movistar (cell)
IUSACELL
Sky (TV)
IZZI (TV)
CFE (Electricity & gas)
Maxcom
Your local business
33,000+ Locations
+ utility & services bill pay
Modern: Hackathon Demo at Cornell Fintech Hackathon
Modern: Hackathon Demo at Cornell Fintech Hackathon
Modern: Hackathon Demo at Cornell Fintech Hackathon
Modern

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Modern: Hackathon Demo at Cornell Fintech Hackathon