WSFX Global Pay Limited · BSE:WSFX
WSFX Global Pay — Investor Presentation (2023)
26 slides from WSFX Global Pay's investor presentation, 2023
Slide 1: Company Presentation
Company Presentation © usp 1000 Smart Currency ope Roc ~/ YES BANK VIS. Corporate me Aecount @ inr82000 ; r~ S pg» .- Pay send Now NGIC Open locked —zolve Credit fount. Account
Slide 2: The Retail Forex Market & Opportunity
The Retail Forex Market & Opportunity Estimated Market Size – Retail Forex USD 32 Billion Approx. Products Forex Currency Notes Leisure Travel, Student & Corporate Travel Forex Prepaid Cards Leisure Travel, Student & Corporate Travel Personal Outward Remittances - LRS University Fee, Living Expenses
Slide 3: RBI Regulations - Licenses
RBI Regulations - Licenses Regulated Business - License issued by Reserve Bank of India - Under Sec10, FEMA 1999
Slide 4: Key Customer Segments
Key Customer Segments INDIVIDUAL STUDENT - Leisure / Tourist travel - Millennial's travel for Study overseas. Abroad. - Outward personal remittances - Outward Remittances for STUDENT INDIVIDUAL under LRS University Fees and Living - Foreign Currency and Prepaid Expenses. cards are Key Products - For
Slide 5: Product – Market Table
Product – Market Table FOREIGN OUTWARD SEGMENTS / PRODUCTS CURRENCY FX CARDS REMITTANCE NOTES STUDENT INDIVIDUAL CORPORATE AGENT PARTNER
Slide 6: Business Landscape
Business Landscape Forex & Cross Border Competition Remittances Forex-tech Company Banks, AD2, FFMCs • Regulated Industry with High compliance. • High Competition • Key Segments of Students, Millennials & Corporate Transforming Forex • Positive Outlook for Industry Ecosystem with a Forex with travel
Slide 7: WSFx Global Pay Ltd.
WSFx Global Pay Ltd. RBI Licensed Authorized Dealer Category II with over 30 Years vintage. Listed in BSE. ISO 27001 Certified. Provide Forex & Outward remittance with key focus on Corporate & Students Customer Segments. Deal in Foreign Currency, Prepaid Forex Cards & Outward remittance Services in
Slide 8: WSFx Global Pay - Timeline
‘wsf WSFx Global Pay - Timeline GlobalPay 2022 -; COMPANY REBRANDING WALL STREET FINANCE LTD RENAMED TO. WSFx GLOBAL PAY LTD 2018 -- f DIGITAL PIVOT FOCUS ON DIGITAL 2009 --, INITIATIVES WITH PLATFORM BASED ACQUIRED APPROACH TO 1991 CHANGE IN PROMOTERS CUSTOMER SEGMENTS ACQUIRED BY SMART FFMC LICENS
Slide 9: Digital Platforms & Solutions
Digital Platforms & Solutions WSFx Global Pay App & Website WSFx Smart Corporate Platform Send money abroad in a jiffy Advanced digital solutions with the WSFx Global Pay App designed to aid corporates and Portal and manage your with their forex requirements forex requirements digitally. for busines
Slide 10: WSFx Smart Currency Card
WSFx Smart Currency Card Multicurrency Forex and INR Card • Smart App enabled card management • Worldwide acceptance at 100 million + VISA merchant outlets • International and domestic acceptance • Contactless – NFC enabled • Wallet to Wallet transfer • Remote Reload facility • Encash to INR wallet
Slide 11: WSFx Global Pay App
WSFx Global Pay App Card Management Smart Features Get Live forex rates View Live Rates on Dashboard for transparent • Transact in 4 easy steps forex booking • Digital KYC and transaction Generate PIN processing Generate / Change Card PIN online • Smart currency card purchase and Monitor transaction
Slide 12: WSFx Smart Corporate Platform
WSFx Smart Corporate Platform A Comprehensive digital platform designed to integrate and simplify the forex ordering process for corporates Smart Features Benefits • Easy booking of forex • Automation of forex ordering • Multiple workflows process • Policy Management • Easy buying process • Approval
Slide 13: WSFx Smart Agent Platform
Commission WSFx Smart Agent Platform Flow Transparent, Secure & Customized Life Time Compliant Workflow Value Know your Friendly commission due Upload KYC Payment Lead documents for Gateway Management Instant Integration Onboarding Claim commission online Transaction Flow Receive commission and Crea
Slide 14: Introducing WSFx Global Pay Platform
Introducing WSFx Global Pay Platform Cobranded Forex & Remittance Solution for Partner Network Features Partner Benefit Complete Digital Process for customer Offer forex and cross border payments to onboarding and transaction processing customers through their own digital eco system with single
Slide 15: Board Members
Board Members Mr.Srikrishna Narasimhan 15
Slide 16: Management Team
Management Team Srikrishna Narasimhan Whole-Time Director and Chief Executive Officer Mr. Srikrishna brings over two decades of experience in the foreign exchange industry. He has comprehensive knowledge of foreign exchange, prepaid forex products and of the regulatory framework and practices in the
Slide 17: Key Value Drivers
Key Value Drivers Trust , Transparency & Compliance • Omni-Channel Network • Independent Board • 19 Branches • Committees • Digital Platforms Corporate • Internal Audits Digital • Process Automation Governance • System Audits • Cost Optimization • System Level Process & Controls • Building Trust & T
Slide 18: Corporate Governance
Corporate Governance Internal Audits Board Composition Policy Audit 4 Board Members Process Audit 2 Independent Directors Functions Audit Head Office and Branch Audis Committees Audit Committee - Chaired Compliance by Mr. Brij Gopal Daga Internal Compliance Committee Nomination and
Slide 19: Forex Business – Risk Management
Forex Business – Risk Management Corporate & Retail Business : Sale & Encashment of Currency Notes, Prepaid Cards • As corporate require a minimum processing time, we are exposed to Credit risk which is mitigated by Customer Acceptance Policy and Credit Policy where customer is profiled as per their
Slide 20: Comparative Quarter on Quarter – Revenue & Expenses
Comparative Quarter on Quarter – Revenue & Expenses INR Lakhs Revenue from Operations - INR Lakhs Selling, General & Admin Exp - INR Lakhs 600 1,600 1,400 500 1,200 1,000 400 800 600 300 400 200 200 - 100 - Gross Net Gross Revenue Net Revenue
Slide 21: Priority Segments – Forex Turnover
Priority Segments – Forex Turnover Prepaid Cards Outward Remittance 300% 250% 200% 150% 100% 50% 0% Note : • The growth on both charts are pegged on Q1/2018-19 as the base year and growth are shown on the base year • The Covid-19 effect is visible in a few quarters in 2021
Slide 22: Forex Standalone Results: Quarter on Quarter
Forex Standalone Results: Quarter on Quarter Profit and Loss Account – Abstract (Standalone) INR Lakhs INR Lakhs Quarter Ended Particulars 31-Mar-23 31-Dec-22 30-Sep-22 30-Jun-22 31-Mar-22 31-Dec-21 30-Sep-21 30-Jun-21 31-Mar-21 30-Dec-20 30-Sep-20 30-Jun-19 (Audited) (Unaudited) (Unaudited) (Unaudi
Slide 23: Financials
Financials Profit & Loss Balance sheet WSFx (Rs. In Lakhs) Apr22-Mar23 Apr21-Mar22 Apr20-Mar21 WSFx (Rs. In Lakhs) As on Mar23 As on Mar22 As on Mar21 Forex - Turnover 295,963 211,979 144,001 SHAREHOLDER'S FUNDS Equity Share Capital 1,159.85 1,159.84 1,159.84 Revenue from MTSS Reserves and Surplus 1
Slide 24: WSFx Global Pay Advantage
WSFx Global Pay Advantage Digital Platforms Quick Processing and Delivery One Stop Forex Shop Pan India Network Best Competitive Rates Trust, Transparency & Compliance…
Slide 25: Network
Network WSFx Global Pay Limited. (formerly known as "Wall street Finance Ltd.") Unit 622, 6th Floor, The Summit Business Bay – Omkar, M. V. Road, Opp. PVR Cinema, Chakala, Andheri (East), Mumbai - 400093 022 62709600 www.wsfx.in [email protected] Branches Network Ahmedabad, Anand, Amritsar, Bangalore, Ch
Slide 26: Disclaimer
Disclaimer • The material in this presentation has been prepared by WSFx Global Pay Limited and is general background information about WSFx Global Pay’s activities current as at the date of this presentation. This information is given in summary form and does not purport to be complete. • Informati