Inverite Insights Inc · CSE:INVR
Inverite Insights — Investor Presentation (November 2024)
24 slides from Inverite Insights's investor presentation, Nov 25, 2024
Slide 1: Open Banking AI Technology
Open Banking AI Technology Empowering lenders to unlock the credit potential of non-prime consumers Q4 2024
Slide 2: About Inverite Insights
About Inverite Insights A leader in AI-driven software specializing in real-time financial data for the credit economy. Our extensive database of 22B+ financial data points from 5.5M+ unique Canadian consumer transactions empowers businesses to transact more effectively and efficiently. Through our
Slide 3: The Problem
The Problem 90% Lenders face shrinking margins and increasing regulatory of North American lending demands. Outdated data processing methods hinder their decisions rely on ability to support non-prime and new-to-credit consumers, a TransUnion, Equifax, or significant market segment. Without timely,
Slide 4: The B2B Solutions
The B2B Solutions 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 evaluatio
Slide 5: B2B Products for Lenders
B2B Products for Lenders* Financial Inclusion. Real-Time Data. Unparalleled Data Science Models. Instant Bank Verification Micro Check Confirms the customer's banking credentials in real- Allows all alternative loan requests and outcomes time, ensuring that bank account details are accurate from ind
Slide 6: ROI Powered by Inverite vs Traditional Decisioning
ROI Powered by Inverite vs Traditional Decisioning Traditional verification is slow, requiring multiple documents and steps, which increases drop-offs. Inverite enables customers to verify directly from their bank and ID in one seamless step—no paperwork or extra steps required. Efficiency Gains Fas
Slide 7: ROI Powered by Inverite vs Traditional Decisioning
ROI Powered by Inverite vs Traditional Decisioning Assuming 120,000 applicants annually Employees Average Review Time per Needed Application Payroll Costs Manual 16 @ $60k/annual 16.4 mins salary $950k Company Inverite Open 6 @ $60k/annual <6 mins $350k Banking Platform salary Reduction in Reduction
Slide 8: B2C Products for Consumers
B2C Products 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 CDIC/FDIC For employees Prescriptive AI Interest Insured account and employers recommendations for EQF, TU, EXP
Slide 9: Revenue Channels
Revenue Channels $ $ Current Future RMaaS Transactional Revenue Revenue Risk Score, Collections and Pay Wallet, Bank and ID/ KYC streamlining verification on adjudication and financial applications. collection systems. www.inveriteinsights.com
Slide 10: Competitive Positioning
Competitive Positioning Coverage in Canada Pricing $ $$$ $$$ $$$ 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
Slide 11: Impact & Traction
Impact & Traction Inverite Transactions and Active Merchants & Reseller Accounts 500,000 250 450,000 22B+ 5.5m+ 400,000 200 Unique 350,000 Data Points Customer 300,000 150 in Canada Transactions 250,000 in Canada 200,000 100 150,000 100,000 50 99% 286 50,000 Consumer Connected 0 0 coverage in financ
Slide 12: Milestones and Achievements
Milestones and Achievements Q4 2023 Q1 2024 Q2 2024 Q3 2024 • Verification revenue up 36% • 4.5M+ unique customers • 4M+ unique customers • 5M+ unique customer YoY. Operating expense transactions on Inverite.. transactions on Inverite. transactions on Inverite. decreased 11% YoY. • 18B+ data financi
Slide 13: Capital Structure
Capital Structure November 25, 2024 CURRENT SHARES 213,947,940 OUTSTANDING CSE: INVR WARRANTS OUTSTANDING @ $0.11 Expiry Q1-Q3 2025 5,225,500 OTC:INVRF @$0.10 Expiry Q3-Q4 2025 2,750,000 Q1-Q3 2026 26,676,600 FSE: 2V0 STOCK OPTIONS and RSU’s 16.85M INSIDERS SHARE OWNERSHIP 48.75% INSIDERS WARRANT OW
Slide 14: Thank you
Thank you Karim Nanji CEO [email protected] Mike Marrandino EXECUTIVE CHAIRMAN [email protected] www.inveriteinsights.com
Slide 15: Team
Team Karim Nanji Estelle L’Heureux, CFA CEO, Director CFO 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 bac
Slide 16: Directors & Advisors
Directors & 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, role
Slide 17: 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 18: Appendix
Appendix A – Instant Bank Verify B – PDF Bank Statements C – KYC ID Verification D – Risk Score E – Micro Check F – Data Enrichment www.inveriteinsights.com
Slide 19: 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 20: 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 B www.inveriteinsights
Slide 21: 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 22: Risk Score
Risk Score Enhanced Algorithms for Risk Analysis Data-Driven Decisions: Takes data 17 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 23: 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 24: 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
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