CrowdTransfer is a social network for free international money transfers and currency exchanges that addresses problems with traditional services. It allows users to 1) post offers for exchanges or transfers, 2) contact others to negotiate counter-offers, and 3) verify credentials and complete the exchange. By leveraging social media verification, reviews, and a trust system, CrowdTransfer creates a collaborative economy platform that is less costly than banks or traditional money transfer services. It has seen early traction with over 150 posted offers and 50 successful exchanges totaling $50k. The founders aim to scale the network and business model to capture a share of the large markets for migrant remittances and international tourism.
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Startup Stage - PropTech - Presentation by Jamie Boyle, Head of Product of Hostmaker at the NOAH Conference London 2017, Old Billingsgate on the 2nd of November 2017.
Digital Advertising uses the internet to deliver marketing messages via various formats to internet users. This includes Search Advertising, Social Media Advertising, Banner Advertising, Video Advertising as well as Classifieds.
Furthermore, the Digital Advertising market is segmented into Desktop and Mobile revenues depending on the delivery method such as desktop computers (incl. notebooks) or mobile devices (smartphones and tablet PCs).
Fintech in 2017: What Will be the Most Interesting Areas to Invest? - Workshop by Alexander Frolov, General Partner of Target Global at the NOAH Conference London 2016, Old Billingsgate on the 10th of November 2016.
(Almost) everything you need to know to start in FintechSophie Guibaud
This workshop will provide readers with a global overview of the Fintech world, market dynamics and how London has managed to become a leading Fintech hub. They will learn about the various business models that fall under the Fintech umbrella (Payments, Money transfer, Crowdfunding, Lending, Data & Analytics) and also discuss new banking models that are trying to inspire and shape the bank of the future.
iReekt is a new concept of the Crypto/Fiat exchange platform that will enable any adult person worldwide to exchange between their local currencies and cryptocurrencies freely without risk.
We have one of the most passionate and experienced teams in this industry, working together to put crypto into new tech, services, and products level and company standards. We are here to reinvent crypto-industry.
Company Presentation by Peter Bakenecker, Division President Germany & Switzerland at Mastercard at the Axel Springer NOAH Conference 2018 in Berlin, Tempodrom 6-7 June 2018.
B2B & Software - Presentation by Ofer Vilenski, Founder & CEO of Luminati at the NOAH Conference London 2017, Old Billingsgate on the 2nd of November 2017.
Future of funds: How Technology and Social Media are Disrupting and Opening n...Dinis Guarda
FUTURE OF FUNDS:
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Perhaps the biggest change that online trading technology has brought about is to democratise access to the markets, allowing individuals to make their own trades without the costs and time lag that were associated with the old way of doing this.
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Startup Stage - Marketing Technology - Presentation by Markus Linder, Co-Founder & CEO of SMARTASSISTANT at the NOAH Conference London 2017, Old Billingsgate on the 2nd of November 2017.
Digital Advertising uses the internet to deliver marketing messages via various formats to internet users. This includes Search Advertising, Social Media Advertising, Banner Advertising, Video Advertising as well as Classifieds.
Furthermore, the Digital Advertising market is segmented into Desktop and Mobile revenues depending on the delivery method such as desktop computers (incl. notebooks) or mobile devices (smartphones and tablet PCs).
Fintech in 2017: What Will be the Most Interesting Areas to Invest? - Workshop by Alexander Frolov, General Partner of Target Global at the NOAH Conference London 2016, Old Billingsgate on the 10th of November 2016.
(Almost) everything you need to know to start in FintechSophie Guibaud
This workshop will provide readers with a global overview of the Fintech world, market dynamics and how London has managed to become a leading Fintech hub. They will learn about the various business models that fall under the Fintech umbrella (Payments, Money transfer, Crowdfunding, Lending, Data & Analytics) and also discuss new banking models that are trying to inspire and shape the bank of the future.
iReekt is a new concept of the Crypto/Fiat exchange platform that will enable any adult person worldwide to exchange between their local currencies and cryptocurrencies freely without risk.
We have one of the most passionate and experienced teams in this industry, working together to put crypto into new tech, services, and products level and company standards. We are here to reinvent crypto-industry.
Company Presentation by Peter Bakenecker, Division President Germany & Switzerland at Mastercard at the Axel Springer NOAH Conference 2018 in Berlin, Tempodrom 6-7 June 2018.
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Startup Stage - Marketing Technology - Presentation by Markus Linder, Co-Founder & CEO of SMARTASSISTANT at the NOAH Conference London 2017, Old Billingsgate on the 2nd of November 2017.
Salma Karina Hayat is Conscious Digital Transformation Leader at Kudos | Empowering SMEs via CRM & Digital Automation | Award-Winning Entrepreneur & Philanthropist | Education & Homelessness Advocate
When listening about building new Ventures, Marketplaces ideas are something very frequent. On this session we will discuss reasons why you should stay away from it :P , by sharing real stories and misconceptions around them. If you still insist to go for it however, you will at least get an idea of the important and critical strategies to optimize for success like Product, Business Development & Marketing, Operations :)
Reflect Festival Limassol May 2024.
Michael Economou is an Entrepreneur, with Business & Technology foundations and a passion for Innovation. He is working with his team to launch a new venture – Exyde, an AI powered booking platform for Activities & Experiences, aspiring to revolutionize the way we travel and experience the world. Michael has extensive entrepreneurial experience as the co-founder of Ideas2life, AtYourService as well as Foody, an online delivery platform and one of the most prominent ventures in Cyprus’ digital landscape, acquired by Delivery Hero group in 2019. This journey & experience marks a vast expertise in building and scaling marketplaces, enhancing everyday life through technology and making meaningful impact on local communities, which is what Michael and his team are pursuing doing once more with Exyde www.goExyde.com
2. PROBLEM
On average, 8% of the total money sent/exchanged is lost
Hidden fees and unfair exchange rates
Travel Money
USD 1.1 T Market
Send Money Abroad / Currency Exchange
Migrants
USD 600 B Market
5. We make this possible
through a powerful synergy
between fintech innovation
and the collaborative economy.
6. CrowdTransfer - A Social Network
1. Post an offer
2. Contact counter-offers
3. Check credentials
4. Exchange
7. 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
8. Market Size
Total Migrants:
208 million
Total International
Tourists per year:
1.1 billion
Cash Exchange
UK, GER & BRA
28.4 million people
11.1 billion USD
Retail Exchange
4.6 million people
1.6 billion USD
Total Available
Market (TAM) Serviceable Available
Market (SAM)
Share of Market
9. 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%
10. 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
12. 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
13. Seed: Equity-free
Start-up Chile
40,000 USD
Investment
Raising $300k
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%-
14. The CrowdTransfer Team
Cristian, 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.