Inverite Insights Inc · CSE:INVR
Inverite Insights — Investor Presentation (April 2024)
23 slides from Inverite Insights's investor presentation, Apr 10, 2024
Slide 1: Open Banking AI Technology
Open Banking AI Technology Empowering lenders to unlock the credit potential of underbanked consumers Q1 2024
Slide 2: Disclaimer and Cautionary Statements
Disclaimer and Cautionary Statements This presentation (“Presentation”) provides an overview of Inverite Insights Inc. (the “Company” or “Inverite”), its subsidiaries and the industry in which it operates. It is for informational purposes only. This Presentation and any related oral presentation do
Slide 3: About Inverite Insights
About Inverite Insights Inverite is a leading AI-driven software provider specializing in real-time financial data. With a vast database of over seven billion financial data points from more than four million unique Canadian consumer transactions, we empower businesses to transact more effectively w
Slide 4: The Problem
The Problem Data deficiency. Lenders lack alternative data and information to underwrite the Underbanked. 90% of North American lending decisions rely on TransUnion, Equifax, or Experian, excluding: Conventional credit scoring systems are not representative of a large segment of the 78M+ North Ameri
Slide 5: The Solution
The Solution AI Risk Model that’s accurate and relevant. Originated in Canada, Inverite leads in providing risk scores for the alternative lending industry. has: Inverite offers Risk-Model-as-a- Service (RMaaS). 7B 4m+ 99% 286 Data Points Unique Consumer Connected Customer coverage in financial Inve
Slide 6: The Solution: AI-Driven Insights
The Solution Empowering credit decisioning with AI-Driven Insights Inverite fuels its AI risk scoring with loan performance data acquired through lenders and partnerships. This data unveils personalized matrices based on individual interactions and behaviors to provide a comprehensive evaluation of
Slide 7: Smarter Adjudication and Reducing Financial Risks
The Solution Smarter Adjudication and Reducing Financial Risks 01 Risk Model as a Service (RMaaS) - Empowers lenders to serve the underbanked, without revenue compromise. Inverite harnesses unique data and 02 Income insights through payroll integrations - A machine learning to redefine lending. pers
Slide 8: Competitive Positioning
Competitive Positioning Risk Model as a Service YES NO NO NO Risk Score AI Adjudication YES YES NO YES Decision Score YES YES NO NO Pay Wallet (Debit Rails) Collections** YES NO NO NO Support for Neo Banks YES NO NO NO Support for Independent Lenders* YES NO NO YES Competitive Advantage: Blending un
Slide 9: Revenue Channels
Revenue Channels $ $ Transactional RMaaS Revenue Revenue Risk Score, Collections Bank and ID/ KYC and Pay Wallet, verification on streamlining financial applications. adjudication and collection systems. www.inveriteinsights.com
Slide 10: B2B Solutions
B2B Solutions Financial Inclusion. Real-Time Data. Unparalleled Data Science Models. Instant Bank Verification Micro Check KYC ID and Age Data Enrichment Verification Risk Management Risk Score as a Service www.inveriteinsights.com
Slide 11: Instant Bank Verification
Instant Bank Verification Connecting Apps, People and Banks • Full Details: Obtain full account, transit, and institution numbers from 280+ Canadian banks. • Transaction History: Retrieve data from 280+ financial institutions. • Custom Reports: Flexible reporting options up to 365 days cater to vari
Slide 12: PDF Bank Statements
PDF Bank Statements Download original PDF bank statements from the top 12 institutions. Verify income and source of funds within seconds. Increase efficiency, no need to manually export bank statements, faxes or print- outs. Reduce Risk of issuing loans without proper analysis www.inveriteinsights.c
Slide 13: KYC Age & ID Verification
KYC Age & ID Verification Reduce Fraud, Increase Sales • Fast ID & KYC Verification: Support for driver’s licenses, provincial IDs, and medical services cards. • Data Extraction: Quickly extracts essential customer data for efficient management and processing. • E-commerce Integration: Easily integr
Slide 14: Risk Score
Risk Score Enhanced Algorithms for Risk Analysis 17 Data-Driven Decisions: Takes data from millions of banking reports for Get Data Driven Insights into: precise, tailored business decisions. • Income Streamlined Underwriting: • Transaction categories Quickly access detailed • Loan and bill payment
Slide 15: Micro Check
Micro Check Enhanced Algorithms for Risk Analysis Risk Mitigation: Access to the exclusive Canadian Database of Non-Registered loans in comprehensive risk assessment. Customer Insights: Obtain real-time updates on borrowers’ personal information and loan statuses before and after the loan. Centraliz
Slide 16: Data Enrichment
Data Enrichment Improved risk management and data analysis for a safer, more efficient, and insight-driven operation. Instant Fraud Detection: Rapid identification of gaps and inconsistencies to defend against fraudulent activities. Visual Risk Breakdowns: Intuitive visualizations of key risk indica
Slide 17: The Solution for Consumers
The Solution for Consumers* Financial Lifelines for the Underserved 01 02 03 04 680 Debit/Credit Earned Wage Credit Score Cash Back Card Access Improvement Rewards + Using PDTTM. Savings FDIC Insured For employees Prescriptive AI Interest account and employers recommendations for EQF, TU, EXP *Road
Slide 18: Impact & Traction
Impact & Traction Inverite Transactions and Active Merchants 450,000 140 400,000 120 350,000 100 300,000 250,000 80 Over 7BN Data Points 200,000 60 collected to date from 150,000 4M+ CDN Consumers 40 100,000 20 50,000 0 0 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 202
Slide 19: Milestones and Achievements
Milestones and Achievements Q1 2023 Q2 2023 Q3 2023 Q4 2023 • Inverite’s platform • 3 million unique • 3.4 million unique • 4M+ unique achieves record customer customer customer customer customers monthly transactions. transactions on transactions on transactions on Inverite. Inverite. Inverite. • 2
Slide 20: Capital Structure
Capital Structure 03.26.2024 CURRENT SHARES 196,499,369 OUTSTANDING WARRANTS CSE: INVR @ $0.11 Expiry Q4/2024 10,476,217 @ $0.11 Expiry 2025 3,231,500 @ $0.10 Expiry 2025 4,743,500 @ $0.10 Expiry 2026 9,756,600 OTC:INVRF MARKET CAP $9.8M STOCK OPTIONS and RSU’s 14.97M FSE: 2V0 INSIDERS OWNERSHIP 49%
Slide 21: Thank you
Thank you Karim Nanji CEO [email protected] Mike Marrandino EXECUTIVE CHAIRMAN [email protected] www.inveriteinsights.com
Slide 22: Team
Team Karim Nanji Estelle L’Heureux, CFA CEO Karim is a seasoned growth and tech leader, with over 25 years Estelle specialized in the financial technology and alternative lending space of experience in building and commercializing fintech solutions for nearly 15 years, with diverse background in str
Slide 23: Advisors
Advisors Mike Marrandino Jason Wang, CFA Executive Chairman, Director Advisor Mike is an experienced C-Level business consultant with over 30 years Jason boasts extensive experience in senior risk, analytics, and compliance in management consulting, specializes in business planning, roles within fin
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