SlideShare a Scribd company logo
1 of 15
From Start-up to Scale-up
Disrupting banks or not ?
Twikey is a Mandate Service Provider (MSP)
With Twikey it is possible to
Initiate online legal Sepa Direct Debit mandates
Manage the mandates
Automate the full Sepa Direct Debit flow on own accounts
Advanced validations & partnerships in Benelux
Subscriptions
Sepa Direct Debits used in
Additional
amounts
Long time rental
Automatic
engine
(in a wallet)
Personal loans
Repayment plans
One-off
payment
Re-inventing Sepa Direct Debits
Omnichannel usage
Optimized user experience
Simple configuration per channel
Conversion rate of 99%
API availability
- Corine van Drunen - MyOrder
“Door de innovatieve oplossing van Twikey zijn wij in staat
om direct nieuwe klanten te onboarden in onze app.”
Making signing more efficient
More optimal methods vs eID
4 % 96 %
Paper Direct Debits
Handling cost
between 6 & 15€/doc
Between 900 & 2,1
M€ /year
Traditional electronic
payment instruments
350k€ / year
Electronic Direct
debits
Between 150k€ &
200k€ / year
Result of joined efforts Banks & Twikey
Case with 200000 new recurrent subscriptions
Evolutions in the market: Payment instruments
Difficult for a bank to compete with a specialist…
Bank 1 (BE) Bank 2 (BE) Bank 3 (BE) Bank 4 (BE) Bank 5-X Banks (NL) Twikey
Functional offer Sepa Direct Debits of Belgium & Dutch Banks
Banks: positioning of new entrants…
Enablers :
help the
banks
Challenger of
the bank
What are banks doing in the Fintech scene?
First steps toget in touch
withthe startup ecosystem
Start up program
Partnering up withspecific
startups, for instanceby
means of jointventures,to
accelerate innovationfor
bothparties
Partnering with
startups
Fundingfor startups in
orderto accelerate
innovationand enhance
cooperation
Venture funding
Acquisitionofan
innovative startup
Acquiring
Theadditionof an own
innovative subsidiary
Launch own
subsidiary
Anticipation on new evolutions by banks
www.twikey. com
info@twikey.com
Questions?

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From Start-up to Scale-up, Disrupting banks or not ? by Dominique Adriansens - FinTech Belgium Summit 2016

  • 1. From Start-up to Scale-up Disrupting banks or not ?
  • 2.
  • 3. Twikey is a Mandate Service Provider (MSP) With Twikey it is possible to Initiate online legal Sepa Direct Debit mandates Manage the mandates Automate the full Sepa Direct Debit flow on own accounts
  • 4. Advanced validations & partnerships in Benelux
  • 5. Subscriptions Sepa Direct Debits used in Additional amounts Long time rental Automatic engine (in a wallet) Personal loans Repayment plans One-off payment
  • 6.
  • 7. Re-inventing Sepa Direct Debits Omnichannel usage Optimized user experience Simple configuration per channel Conversion rate of 99% API availability - Corine van Drunen - MyOrder “Door de innovatieve oplossing van Twikey zijn wij in staat om direct nieuwe klanten te onboarden in onze app.”
  • 8. Making signing more efficient More optimal methods vs eID 4 % 96 %
  • 9. Paper Direct Debits Handling cost between 6 & 15€/doc Between 900 & 2,1 M€ /year Traditional electronic payment instruments 350k€ / year Electronic Direct debits Between 150k€ & 200k€ / year Result of joined efforts Banks & Twikey Case with 200000 new recurrent subscriptions
  • 10. Evolutions in the market: Payment instruments
  • 11. Difficult for a bank to compete with a specialist… Bank 1 (BE) Bank 2 (BE) Bank 3 (BE) Bank 4 (BE) Bank 5-X Banks (NL) Twikey Functional offer Sepa Direct Debits of Belgium & Dutch Banks
  • 12. Banks: positioning of new entrants… Enablers : help the banks Challenger of the bank
  • 13. What are banks doing in the Fintech scene? First steps toget in touch withthe startup ecosystem Start up program Partnering up withspecific startups, for instanceby means of jointventures,to accelerate innovationfor bothparties Partnering with startups Fundingfor startups in orderto accelerate innovationand enhance cooperation Venture funding Acquisitionofan innovative startup Acquiring Theadditionof an own innovative subsidiary Launch own subsidiary
  • 14. Anticipation on new evolutions by banks

Editor's Notes

  1. GEEN INTRO – wordt geregeld door filmke op voorhand
  2. In België gaat slechts 15 % van al het betaalverkeer via manadaten.