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CrowdTransferThe first social network
for free international money transfers and currency exchanges.
PROBLEM
On average, 8% of the total money sent/exchanged is lostHidden fees and unfair exchange rates
Travel Money USD 1.1 T Market
Send Money Abroad / Currency Exchange
Migrants USD 600 B Market
The Solution - The Crowd
The Solution - The Crowd
We make this possible through a powerful synergy between fintech innovation
and the collaborative economy.
CrowdTransfer - A Social Network
1. Post an offer
2. Contact counter-offers
3. Check credentials
4. Exchange
THE COLLABORATIVE ECONOMY WORKS WITH
TRUST
Social Media Verification Offline ID verification
In-site reviews from other users
Trust vouching system
In-site messaging service
Market Size
Total Migrants:208 million
Total International Tourists per year:
1.1 billion
Cash ExchangeUK, GER & BRA
28.4 million people11.1 billion USD
Retail Exchange
4.6 million people1.6 billion USD
Total Available Market (TAM) Serviceable Available
Market (SAM)Share of Market
Revenue Models
(1) CASH EXCHANGE: Marketplace for Bureaux-de-
change CrowdTransfer offers exchange
alternatives with exchange houses
(2) INTERNATIONAL TRANSFER: Direct Transfer Service
CrowdTransfer will receive the money in a Bank Account and will deposit in the destination’s Bank
account.
IF THERE IS NO MATCH, THE USER WILL HAVE TWO PAID ALTERNATIVES
!1,000,000%%%
0%%%
1.0%M%
2.0%M%
3.0%M%
4.0%M%
5.0%M%
6.0%M%
7.0%M%
year%1% year%2% year%3% year%4% year%5%USD
$
Net$Revenue$Flows$
Direct%Transfer%
Exchange%Pla@orm%
Validation: Current Traction
35 clients 24 of them returning
165 offers
social media, email, in-site
79%
monthly growth
offers posted
54
succesful exchanges
in $50k USD
400+
waiting list
CompetitionTraditional Services Low-cost & p2p Services
No costHigh cost
Cash Exchange
Online/Bank transfers only
both
Competitive Advantage
GREATEST FLEXIBILITY No dependence on bank
accounts.
FIRST ONLINE MARKETPLACE FOR
BUREAUX-DE-CHANGE
FIRST ABSOLUTELY FREE P2P TRANSFER/
EXCHANGE SERVICE
UNFAIR ADVANTAGE We have seen people are
willing to exchange money with strangers, based on
references
Seed: Equity-free Start-up Chile 40,000 USD
Investment
Raising $500k
Aug 2014 - Feb 2015 until March 30th 2015
Housing/Office-20%-
Outsourcing-4%-
G&A-4%-
Management-51%-
CAC-Funnel-Op@miza@on--
12%-
CAC-Monthly-Promo@on-
8%-
CAC-Monthly-Maintenance-
1%-
The CrowdTransfer TeamCristian, Business: A summa cum laude graduated engineer from the University of Concepción and MSc. from the Technical University of Munich. He has experience in very diverse industries, from Aerospace to Telecommunications. He speaks Spanish, English and German with professional proficiency. Cristian returned to Chile with a clear vision of the problem in hand and with the motivation to make a difference.
Sebastián, Legal: Holds experience in corporate governance, regulatory compliance for public services, tax returns, customer protection law, intellectual property rights and technological innovation. His expertise in Latin American regulations for financial services makes him a valuable component of the team, preparing CrowdTransfer to become a viable financial institution for all its operations.
Mathías, Technology: Computer science engineer. He has more than 2 years working experience in platforms for the financial industry as a Back-End developer. Mathías has worked in many projects as a software engineer and consultant. He has the vision and imagination to solve many of the technological issues CrowdTransfer faces.
Carlota, Marketing: Recently completed her studies in the University of Edinburgh and was awarded the highest level of distinction: a First Class Degree Honours MA in International Business. Originally from Spain, Carlota speaks English, Spanish and French. A combination of her academic formation and an extensive international background render a clear vision for marketing and a natural ease with client relations.
Alberto, UX and Design: A publicist with a major in marketing and two web development degrees. Alberto has over 5 years of experience working as Front-End Developer in various projects and ventures. His skills in marketing, development, design and creativity make of him a perfect fit for CrowdTransfer.
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