TiempoCash Exec Summary-America Movil

TiempoCash

Time = Mobile Money

February 2016

EXECUTIVE SUMMARY

SM

Proprietary and Confidential. Patents Pending.

TiempoCash

Why?

What?

How?

Millions of U.S. Hispanics of Mexican Origin [HMO] want better prepaid wireless plans and handsets

Up to 20 million HMOs eagerly seek a cheaper, more convenient way to send money to Mexico $27 billion in 2015

America Mvils Net 10 and Straight Talk brands are aggressively seeking stickier relationships with wealthier unbanked U.S. HMO prepaid subscribers

TiempoCash is a smart product that allows U.S. HMOs to remit money to Mexico commission-free as part of exclusive America Mvil wireless plans. Addresses three pressing needs!

TiempoCashs mobile app monetizes wireless carrier voice minutes as stored-value remittances, which are converted into local foreign currency (Mex$)

U.S. Market Opportunity 2016

TiempoCash

HMO Prepaid Wireless Remitters

to Mexico:

20 Million

Total U.S.

HMO Population:36 Million*

TiempoCash Target Market

20M prepaid HMO wireless subscribers who remit money to Mexico

$10B in annual prepaid wireless plan revenue. Annual ARPU: >$500

$22B remitted annually

$325 average transaction; 10-12x annually*35% first generation

Prepaid HMO Wireless

Subscriptions:

32 Million

U.S. Market Landscape Major Carrier Wireless Subscribers & Quarterly Churn

TiempoCash

4.2%

5.0%

5.0%

4.8%

4.1%

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

0

20

40

60

80

100

120

AT&T Sprint T-Mobile Tracfone(America

Movil)

Verizon

Contract Prepaid Quarterly Prepaid Churn

America Mvil brands own ~50+% of U.S. HMO prepaid market: 25M total subscribers; $25 monthly ARPU.

Data as of CQ215

Mill

ion

s

Mexico Market Opportunity 2016E

TiempoCash

120 million prepaid subscribers: 90% of total wireless subscriptions

88% wireless penetration 39% smartphones

60 million belong to America Mvil (Telcel)

US$ 3+ billion in new annual prepaid wireless subscription revenue

Telcel offers best coverage, contract plans, incentives and handsets

America Mvil has 2-3 year lead on AT&T in maximizing Mexico market and cementing lead in U.S. prepaids

America Movil70%

Movistar18%

Iusacell8%

Nextel4%

AT&T Mexico

12%

Carrier Market Share

Market Landscape: U.S. HMO Remittances to Mexico

TiempoCash

0%

20%

40%

60%

80%

100%

Remittances by Dollar Volume

Money Transfer Company Banks Online Other

$29B in 2016E

97% via legacy money transfer models

80% from un- and under-banked U.S. remitters

Average annual transaction volume (2015E): $3,500 per remitter 10+ transactions/year @

$325/transaction

Average fees: commission plus FOREX: $10-$20 per transaction

HMO Subscriber Value Proposition:60% less per month for TiempoCashs life-changing benefits

TiempoCash

Old Model

TiempoCash Model

COST

Prepaid phone, plan & pre-paid minutes $300 - $1,000

annually Remittance, check-

cashing & top-up fees $300 annually

~$80/month Dumber handset;

limited Internet access

COST

Prepaid phone & plan $600

Remittance fees $0

~$50/month

Better voice plans; data options; smartphone and Internet access

Money Transfer Agent/Bank

U.S. MEX

ORExclusive U.S. Carrier

Partner

Provisional Patent-Pending: : 62/173320

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The Market Needs TiempoCash

America Mvil

Focus group suggest immediate jump in U.S. HMO prepaid customer base

Creates and owns new remittance transfer channel

Zero to minimal compliance burden

New cross- and upselling avenues within stickier cross-border customer relationships

High-profile financial inclusion benefits

TiempoCash

TiempoCash meets critical needs of America Mvil and HMO consumer

HMO Prepaid Subscriber

Commission-free mobile remittances via smartphone

Superior prepaid plan

Includes smartphone/4GLTE

Better, cheaper plans for calls and texts between U.S. - Mexico

Check-scanning feature in app: No visits and commissions to check-cashing or U.S. MTOs

Biometric capability

3) U.S. customer transfers minutes to TiempoCash via proprietary app

1) U.S. prepaid customer signs up for TiempoCash prepaid account with America Movil subsidiary, e.g., Net 10 and/or Straight Talk and purchases minutes

2) Carrier credits U.S. customer account with equivalent minutes through TiempoCash

5) Mexico customer receives Mex$ at bank/payout partner location via TiempoCash app or SMS message

6) TiempoCash pays commission to payout partner after funds are disbursed

TiempoCash

Provisional Patent-Pending: 62/173320

4) TiempoCash converts minutes to Mex$ and credits Mexico TiempoCash prepaid or contract subscriber with Telcel

Mex$

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Technology

App architecture/flow and stored-value remittance and conversion model

Included are:

Wires, spec doc and DB schema / API Docs

Check-scanning feature

Security, transparency and compliance built-ins

TiempoCash

Utility Patents Pending

Competition No direct competitors offer commission-free transfers by

monetizing mobile minutes as stored-value remittances

Indirect Competitors

Bank & Agent-based MTO (Western Union, et. al.) 97% of

marke