easypay

Transcript

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3. the problem Currently, consumers pay utility
 bills to three separate entities inconvenient unpleasant user experience no view into expected costs (~$4,500/annum) Utilities are the only major expense consumers pay for after consumption. The utility business model is changing and utilities are trying to move consumers to prepay; prepayment allows the utility get money earlier in credit cycle leading to better investments and reduced capital expenditure for reconnection etc (Colorado PUC report) $ $ $
4. the solution the solution: easypay for consumers for utilities: discounts for prepaying/on services offered by utility one easy & convenient payment method a prepayment platform to accelerate revenue reduce recollection expenses and smoothen revenue
5. Industry Recalibration Technological Advances Service as the Product why now?
6. how it works: API 1 2 3 4 EasyPay API for piping consumer data from the utility Consumer data is crunched to create a single profile from the 3 utilities The data is converted into 'packets' 
 of energy e.g. the average consumer would see a bill for 5 packets of energy Mobile platform for delivery/ payment. The information is displayed through a simple and well designed UI
7. the competition ( ACLARA ) ( UTILITIES )
8. business model / financial plan -1250 0 1250 2500 3750 5000 2014 2015 2016 2017 Expenses ('000) Revenue ('000) Net Income ('000) Mobile Platform as a Service, fee/transaction
9. why us? track record Started, built and sold one company in the space already patent pending Currently: pending patent application centered / focused Product-centric team with a long term view on the industry experience Combined 20 years experience in the utility industry 20 20
10. the ask $3.5 M 3.5 $ M We’re asking for $3.5M which will, in overview, cover:
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