SlideShare a Scribd company logo
1 of 12
Download to read offline
romit.io | @romithq | jordan@romit.io
PAYMENT PLATFORM FOR THE
$7 TRILLION MERCHANT BANKING INDUSTRY
romit.io | @romithq | jordan@romit.io
280,000
transactions processed
52%
MoM growth
romit.io | @romithq | jordan@romit.io
[5 Months Since Launch]
average revenue per transaction
4X industry average
romit.io | @romithq | jordan@romit.io
400 basis points
romit.io | @romithq | jordan@romit.io
Merchant acquiring banks process $7T / year
< 5% TOTAL CREDIT CARD VOLUME
romit.io | @romithq | jordan@romit.io
2 SALES ORGANIZATIONS:
OTHER 95% ARE LOSING MERCHANTS AND VOLUME
romit.io | @romithq | jordan@romit.io
LOW TECH HIGH FRAUD
romit.io | @romithq | jordan@romit.io
HIGH TECH SOLUTIONS FOR THE 95%
1.2%
Merchant chargebacks before Romit.
0.0079%
Merchant chargebacks after Romit.
0%
0.3%
0.6%
0.9%
1.2%
BEFORE ROMIT AFTER ROMIT
romit.io | @romithq | jordan@romit.io
STOPS FRAUD. MITIGATES CHARGEBACKS.
romit.io | @romithq | jordan@romit.io
JORDAN KELLEY: CEO
JOHN RUSSELL: CTO
Hamilton Robotics.
CHRIS YODER: SR. SOFTWARE
Senior Software @Intuit
DARIN ROGERS: FULL STACK
Senior Software @GSN
EX-BITCOIN TEAM
$150M TRANSACTED
18 COUNTRIES, 14 CURRENCIES
WE ARE EATING THE PAYMENTS SPACE
$945K raised.
romit.io | @romithq | jordan@romit.io
PARTNERS
romit.io | @romithq | jordan@romit.io
MERCHANT BANKING PARTNERS
Romit’s Merchant Banking Partners Today
$24.6B $22.2B $4.6B

More Related Content

What's hot

Embrace your not so large accounts!
Embrace your not so large accounts!Embrace your not so large accounts!
Embrace your not so large accounts!
sharqbites
 

What's hot (18)

NAPCP EML AP Payment Automation
NAPCP EML AP Payment AutomationNAPCP EML AP Payment Automation
NAPCP EML AP Payment Automation
 
How much is that doggy in the window the cost of holding dead inventory
How much is that doggy in the window   the cost of holding dead inventoryHow much is that doggy in the window   the cost of holding dead inventory
How much is that doggy in the window the cost of holding dead inventory
 
Mattermark 2nd (Final) Series A Deck
Mattermark 2nd (Final) Series A DeckMattermark 2nd (Final) Series A Deck
Mattermark 2nd (Final) Series A Deck
 
Embrace your not so large accounts!
Embrace your not so large accounts!Embrace your not so large accounts!
Embrace your not so large accounts!
 
Series D Deck | Sonder
Series D Deck | SonderSeries D Deck | Sonder
Series D Deck | Sonder
 
e commerce, electronic commerce, amazon, zameen, rozee
e commerce, electronic commerce, amazon, zameen, rozeee commerce, electronic commerce, amazon, zameen, rozee
e commerce, electronic commerce, amazon, zameen, rozee
 
Digitzs deck 11.02.16 (2)
Digitzs deck  11.02.16 (2)Digitzs deck  11.02.16 (2)
Digitzs deck 11.02.16 (2)
 
Azimo - NOAH19 London
Azimo - NOAH19 LondonAzimo - NOAH19 London
Azimo - NOAH19 London
 
Valuations: What is happening and does it matter?
Valuations: What is happening and does it matter?Valuations: What is happening and does it matter?
Valuations: What is happening and does it matter?
 
Credorax - NOAH19 Berlin
Credorax - NOAH19 BerlinCredorax - NOAH19 Berlin
Credorax - NOAH19 Berlin
 
MarketInvoice Webinar: Introducing your clients to alternative finance
MarketInvoice Webinar: Introducing your clients to alternative financeMarketInvoice Webinar: Introducing your clients to alternative finance
MarketInvoice Webinar: Introducing your clients to alternative finance
 
Sonder | Series D Deck
Sonder | Series D DeckSonder | Series D Deck
Sonder | Series D Deck
 
Team Samrat Singh Betlly.biz
Team Samrat Singh Betlly.bizTeam Samrat Singh Betlly.biz
Team Samrat Singh Betlly.biz
 
Your Assets Are They Working For You Or Just Sitting There?
Your Assets   Are They Working For You Or Just Sitting There?Your Assets   Are They Working For You Or Just Sitting There?
Your Assets Are They Working For You Or Just Sitting There?
 
Team Samrat Singh Why betlly
Team Samrat Singh Why betllyTeam Samrat Singh Why betlly
Team Samrat Singh Why betlly
 
TouchSpin Gaming Investor Deck
TouchSpin Gaming Investor DeckTouchSpin Gaming Investor Deck
TouchSpin Gaming Investor Deck
 
GOTOpia 2020 - building the core
GOTOpia 2020 - building the coreGOTOpia 2020 - building the core
GOTOpia 2020 - building the core
 
E commerce Pitch deck
E commerce Pitch deckE commerce Pitch deck
E commerce Pitch deck
 

Viewers also liked

unSEXY Conf 2013: Darian Shirazi, Radius
unSEXY Conf 2013: Darian Shirazi, Radius unSEXY Conf 2013: Darian Shirazi, Radius
unSEXY Conf 2013: Darian Shirazi, Radius
500 Startups
 
Neven Zeremski, Dubb – Startup Pitch, WarmGun 2013
Neven Zeremski, Dubb – Startup Pitch, WarmGun 2013Neven Zeremski, Dubb – Startup Pitch, WarmGun 2013
Neven Zeremski, Dubb – Startup Pitch, WarmGun 2013
500 Startups
 
unSEXY Conf 2013: John Bracken, Speek
unSEXY Conf 2013: John Bracken, SpeekunSEXY Conf 2013: John Bracken, Speek
unSEXY Conf 2013: John Bracken, Speek
500 Startups
 

Viewers also liked (20)

500 Kobe Pre-Accelerator Demo Day >> Shizencyokuhan
500 Kobe Pre-Accelerator Demo Day >> Shizencyokuhan500 Kobe Pre-Accelerator Demo Day >> Shizencyokuhan
500 Kobe Pre-Accelerator Demo Day >> Shizencyokuhan
 
unSEXY Conf 2013: Darian Shirazi, Radius
unSEXY Conf 2013: Darian Shirazi, Radius unSEXY Conf 2013: Darian Shirazi, Radius
unSEXY Conf 2013: Darian Shirazi, Radius
 
RAPT.FM
RAPT.FMRAPT.FM
RAPT.FM
 
Roam and Wander
Roam and WanderRoam and Wander
Roam and Wander
 
Kevin Hale, Wufoo, SXSW Lean Startup 2013
Kevin Hale, Wufoo, SXSW Lean Startup 2013Kevin Hale, Wufoo, SXSW Lean Startup 2013
Kevin Hale, Wufoo, SXSW Lean Startup 2013
 
500’s Demo Day Batch 14 >> MonkeyLearn
500’s Demo Day Batch 14 >> MonkeyLearn500’s Demo Day Batch 14 >> MonkeyLearn
500’s Demo Day Batch 14 >> MonkeyLearn
 
SeMeAntoja
SeMeAntojaSeMeAntoja
SeMeAntoja
 
500’s Demo Day Batch 11 >> CoinPip
500’s Demo Day Batch 11 >> CoinPip500’s Demo Day Batch 11 >> CoinPip
500’s Demo Day Batch 11 >> CoinPip
 
Clearsale Presentation on UAH to GOAP
Clearsale Presentation on UAH to GOAP Clearsale Presentation on UAH to GOAP
Clearsale Presentation on UAH to GOAP
 
Startup Pitch by Manolo Diaz @ Yogome-@ MamaBear Conference, Mt. View 4/20
Startup Pitch by Manolo Diaz @ Yogome-@ MamaBear Conference, Mt. View 4/20Startup Pitch by Manolo Diaz @ Yogome-@ MamaBear Conference, Mt. View 4/20
Startup Pitch by Manolo Diaz @ Yogome-@ MamaBear Conference, Mt. View 4/20
 
500’s Demo Day Batch 13 >> ChattingCat
500’s Demo Day Batch 13 >> ChattingCat 500’s Demo Day Batch 13 >> ChattingCat
500’s Demo Day Batch 13 >> ChattingCat
 
Neven Zeremski, Dubb – Startup Pitch, WarmGun 2013
Neven Zeremski, Dubb – Startup Pitch, WarmGun 2013Neven Zeremski, Dubb – Startup Pitch, WarmGun 2013
Neven Zeremski, Dubb – Startup Pitch, WarmGun 2013
 
500’s Demo Day Batch 13 >> Grom
500’s Demo Day Batch 13 >> Grom500’s Demo Day Batch 13 >> Grom
500’s Demo Day Batch 13 >> Grom
 
Dave McClure >> 99 VC Problems But A Batch Ain't One: Why Portfolio Size Matt...
Dave McClure >> 99 VC Problems But A Batch Ain't One: Why Portfolio Size Matt...Dave McClure >> 99 VC Problems But A Batch Ain't One: Why Portfolio Size Matt...
Dave McClure >> 99 VC Problems But A Batch Ain't One: Why Portfolio Size Matt...
 
unSEXY Conf 2013: John Bracken, Speek
unSEXY Conf 2013: John Bracken, SpeekunSEXY Conf 2013: John Bracken, Speek
unSEXY Conf 2013: John Bracken, Speek
 
500’s Demo Day Batch 15 >> Whiplash
500’s Demo Day Batch 15 >> Whiplash500’s Demo Day Batch 15 >> Whiplash
500’s Demo Day Batch 15 >> Whiplash
 
500’s Demo Day Batch 13 >> RingCaptcha
500’s Demo Day Batch 13 >> RingCaptcha500’s Demo Day Batch 13 >> RingCaptcha
500’s Demo Day Batch 13 >> RingCaptcha
 
Enrique Allen, D Fund - Warm Gun Conference
Enrique Allen, D Fund - Warm Gun ConferenceEnrique Allen, D Fund - Warm Gun Conference
Enrique Allen, D Fund - Warm Gun Conference
 
500’s Demo Day Batch 15 >> Rapchat
500’s Demo Day Batch 15 >> Rapchat500’s Demo Day Batch 15 >> Rapchat
500’s Demo Day Batch 15 >> Rapchat
 
LoveWithFood
LoveWithFoodLoveWithFood
LoveWithFood
 

Similar to 500’s Demo Day Batch 16 >> Romit

E-Commerce Industry Analysis
E-Commerce Industry AnalysisE-Commerce Industry Analysis
E-Commerce Industry Analysis
Prashant Mirgule
 
WHY MOBILE - WHY MOMETRO
WHY MOBILE - WHY MOMETROWHY MOBILE - WHY MOMETRO
WHY MOBILE - WHY MOMETRO
thetrafficmaker
 
20140517 milioone v2_netcom
20140517 milioone v2_netcom20140517 milioone v2_netcom
20140517 milioone v2_netcom
Claudio Ferraris
 
Commerce of Things
Commerce of ThingsCommerce of Things
Commerce of Things
James Gagliardi
 

Similar to 500’s Demo Day Batch 16 >> Romit (20)

paytm
paytmpaytm
paytm
 
PE_Group5_Paytm
PE_Group5_PaytmPE_Group5_Paytm
PE_Group5_Paytm
 
Reselling ROAMpay
Reselling ROAMpayReselling ROAMpay
Reselling ROAMpay
 
System monitoring & performance analyzer
System monitoring & performance analyzerSystem monitoring & performance analyzer
System monitoring & performance analyzer
 
Spider g pitch deck.
Spider g pitch deck.Spider g pitch deck.
Spider g pitch deck.
 
Wealth management onboarding webinar jan262011
Wealth management onboarding webinar jan262011Wealth management onboarding webinar jan262011
Wealth management onboarding webinar jan262011
 
E-Commerce Industry Analysis
E-Commerce Industry AnalysisE-Commerce Industry Analysis
E-Commerce Industry Analysis
 
E commerce Industry Analysis
E commerce Industry AnalysisE commerce Industry Analysis
E commerce Industry Analysis
 
Xiaomi Enterprise Value Assessment
Xiaomi Enterprise Value AssessmentXiaomi Enterprise Value Assessment
Xiaomi Enterprise Value Assessment
 
Fluid Fintec Deck Latest 2021
Fluid Fintec Deck Latest 2021Fluid Fintec Deck Latest 2021
Fluid Fintec Deck Latest 2021
 
WHY MOBILE - WHY MOMETRO
WHY MOBILE - WHY MOMETROWHY MOBILE - WHY MOMETRO
WHY MOBILE - WHY MOMETRO
 
Bitcoin Revolution Review 2020 – Special Trading App Scam ..
Bitcoin Revolution Review 2020 – Special Trading App Scam ..Bitcoin Revolution Review 2020 – Special Trading App Scam ..
Bitcoin Revolution Review 2020 – Special Trading App Scam ..
 
Paytm ppt
Paytm pptPaytm ppt
Paytm ppt
 
20140517 milioone v2_netcom
20140517 milioone v2_netcom20140517 milioone v2_netcom
20140517 milioone v2_netcom
 
Commerce of Things
Commerce of ThingsCommerce of Things
Commerce of Things
 
Creating New Payforit Business Models
Creating New Payforit Business ModelsCreating New Payforit Business Models
Creating New Payforit Business Models
 
Zizh robinhood-(redo)
Zizh robinhood-(redo)Zizh robinhood-(redo)
Zizh robinhood-(redo)
 
Thasmai Automation & Consumer Electronics plan
Thasmai Automation & Consumer Electronics planThasmai Automation & Consumer Electronics plan
Thasmai Automation & Consumer Electronics plan
 
Industrial loan, MSME LOAN , SME TERM LOAN
Industrial loan, MSME LOAN , SME TERM LOANIndustrial loan, MSME LOAN , SME TERM LOAN
Industrial loan, MSME LOAN , SME TERM LOAN
 
identifying buyers
identifying buyersidentifying buyers
identifying buyers
 

More from 500 Startups

More from 500 Startups (20)

Get on Board
Get on BoardGet on Board
Get on Board
 
Connected Analytics
Connected AnalyticsConnected Analytics
Connected Analytics
 
Sira Medical
Sira MedicalSira Medical
Sira Medical
 
The Atlas
The AtlasThe Atlas
The Atlas
 
Trash Warrior
Trash WarriorTrash Warrior
Trash Warrior
 
Thematic
ThematicThematic
Thematic
 
Shiplyst
ShiplystShiplyst
Shiplyst
 
Renetec
RenetecRenetec
Renetec
 
Predina
PredinaPredina
Predina
 
Pluto
PlutoPluto
Pluto
 
Plant an App
Plant an AppPlant an App
Plant an App
 
Pilota
PilotaPilota
Pilota
 
Mero Technologies
Mero TechnologiesMero Technologies
Mero Technologies
 
Omnitron Sensors
Omnitron SensorsOmnitron Sensors
Omnitron Sensors
 
Juked
JukedJuked
Juked
 
GamerzClass
GamerzClassGamerzClass
GamerzClass
 
eino
einoeino
eino
 
Cenos
CenosCenos
Cenos
 
Bliinx
BliinxBliinx
Bliinx
 
Butlr
ButlrButlr
Butlr
 

Recently uploaded

Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers:  A Deep Dive into Serverless Spatial Data and FMECloud Frontiers:  A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FME
Safe Software
 
Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024
Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024
Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024
Victor Rentea
 
Finding Java's Hidden Performance Traps @ DevoxxUK 2024
Finding Java's Hidden Performance Traps @ DevoxxUK 2024Finding Java's Hidden Performance Traps @ DevoxxUK 2024
Finding Java's Hidden Performance Traps @ DevoxxUK 2024
Victor Rentea
 
Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers:  A Deep Dive into Serverless Spatial Data and FMECloud Frontiers:  A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FME
Safe Software
 

Recently uploaded (20)

Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers:  A Deep Dive into Serverless Spatial Data and FMECloud Frontiers:  A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FME
 
Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024
Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024
Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024
 
Finding Java's Hidden Performance Traps @ DevoxxUK 2024
Finding Java's Hidden Performance Traps @ DevoxxUK 2024Finding Java's Hidden Performance Traps @ DevoxxUK 2024
Finding Java's Hidden Performance Traps @ DevoxxUK 2024
 
EMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWER
EMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWEREMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWER
EMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWER
 
Corporate and higher education May webinar.pptx
Corporate and higher education May webinar.pptxCorporate and higher education May webinar.pptx
Corporate and higher education May webinar.pptx
 
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
 
Biography Of Angeliki Cooney | Senior Vice President Life Sciences | Albany, ...
Biography Of Angeliki Cooney | Senior Vice President Life Sciences | Albany, ...Biography Of Angeliki Cooney | Senior Vice President Life Sciences | Albany, ...
Biography Of Angeliki Cooney | Senior Vice President Life Sciences | Albany, ...
 
[BuildWithAI] Introduction to Gemini.pdf
[BuildWithAI] Introduction to Gemini.pdf[BuildWithAI] Introduction to Gemini.pdf
[BuildWithAI] Introduction to Gemini.pdf
 
Web Form Automation for Bonterra Impact Management (fka Social Solutions Apri...
Web Form Automation for Bonterra Impact Management (fka Social Solutions Apri...Web Form Automation for Bonterra Impact Management (fka Social Solutions Apri...
Web Form Automation for Bonterra Impact Management (fka Social Solutions Apri...
 
How to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerHow to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected Worker
 
Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers:  A Deep Dive into Serverless Spatial Data and FMECloud Frontiers:  A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FME
 
MS Copilot expands with MS Graph connectors
MS Copilot expands with MS Graph connectorsMS Copilot expands with MS Graph connectors
MS Copilot expands with MS Graph connectors
 
DEV meet-up UiPath Document Understanding May 7 2024 Amsterdam
DEV meet-up UiPath Document Understanding May 7 2024 AmsterdamDEV meet-up UiPath Document Understanding May 7 2024 Amsterdam
DEV meet-up UiPath Document Understanding May 7 2024 Amsterdam
 
AXA XL - Insurer Innovation Award Americas 2024
AXA XL - Insurer Innovation Award Americas 2024AXA XL - Insurer Innovation Award Americas 2024
AXA XL - Insurer Innovation Award Americas 2024
 
Ransomware_Q4_2023. The report. [EN].pdf
Ransomware_Q4_2023. The report. [EN].pdfRansomware_Q4_2023. The report. [EN].pdf
Ransomware_Q4_2023. The report. [EN].pdf
 
Apidays New York 2024 - APIs in 2030: The Risk of Technological Sleepwalk by ...
Apidays New York 2024 - APIs in 2030: The Risk of Technological Sleepwalk by ...Apidays New York 2024 - APIs in 2030: The Risk of Technological Sleepwalk by ...
Apidays New York 2024 - APIs in 2030: The Risk of Technological Sleepwalk by ...
 
CNIC Information System with Pakdata Cf In Pakistan
CNIC Information System with Pakdata Cf In PakistanCNIC Information System with Pakdata Cf In Pakistan
CNIC Information System with Pakdata Cf In Pakistan
 
Exploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone ProcessorsExploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone Processors
 
Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...
Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...
Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...
 
Spring Boot vs Quarkus the ultimate battle - DevoxxUK
Spring Boot vs Quarkus the ultimate battle - DevoxxUKSpring Boot vs Quarkus the ultimate battle - DevoxxUK
Spring Boot vs Quarkus the ultimate battle - DevoxxUK
 

500’s Demo Day Batch 16 >> Romit