IPJukebox A New Way for Sending Spending and Saving Money New Jersey
IPJukebox Executive Team Ed Konchalski CEO/Founder Connecting people, places and things; building networks businesses can bank on for over 35 years Anna Monteiro Jon Shoates Business Development Advisor Chief Graphics Designer Enabling businesses to grow Helping businesses establish an online and expand with operations presence with website design & strategies & product rollouts graphical user interfaces for 20 years Dave Butler Product Development Advisor Enhancing business offerings with application & payments system insight & product usability & acceptance
IPJukebox Digital Platform Technology Partners Banking Partners Metropolitan Commercial Bank Google –built on Google Cloud Services incorporating their IT MasterCard resources for Messaging, Storage, FirstView Sales & Marketing Rittenhouse Payments Aurionpro – develops mobile and web apps for banking industry
IPJukebox Electronic Banking Platform
Marketing Opportunity Launch Partners CentSai OTC Marketing El Especialito Initial Marketing Effort 35M US Mexican Community 36M Millennials Prefer 100M US Residents Banking Alternatives Financially Underserved
Consumer Impact Fringe Banking Outlets Charge Banking Fees Cutting 3%-5% for Cashing Checks & into Consumer Budgets $1.50-$4.50 to Pay Bills
Market Insight 2014 US Mexicans Send $23B to Family & Friends Residing in Mexico
Marketing Strategy Mexican Consulate Promoted Google Led Social Media & Mobile Radio Ad Campaigns, Marketing Campaigns Targeting Website Marketing & Millennials, Hispanic Community & Onsite Events Private School Fundraisers
Competition Top Rated Prepaid Debit Card Top Rated Bank Issued Prepaid Top Rated Web Debit Card App & Prepaid Debit Card
Competition Our competition provides one or some of the services offered from our web portal; but none provide a full compliment of utilities required by our targeted consumer to facilitate every day life. • BankMobile (https://www.bankmobile.com/) – Mobile Banking Platform • Simple (https://www.simple.com/) – Online Checking Account • PayNearMe (http://paynearme.com/en/) – Bill Payments via cash
Revenue Model 10K Active Cardholders = Cash Positive Interchange Monthly Maintenance Commission Fee 1.3% $2.95 Bill Payment ATM Fee Funds Transfer $1.75 Phone Apps Loyalty Programs Advertising Revenue
Financial Projections
Capital Request Phase 1 250k NYC Market Launch $5M Valuation Allocation 150K Cards = Professional Services $1M Monthly Program Development Market Launch
Exit Strategy Google or Yahoo Take Over Competitor Buy-Out Bank Merger Public Offering
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