500’s Demo Day Batch 16 >> Romit
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Transcript of 500’s Demo Day Batch 16 >> Romit
romit.io | @romithq | [email protected]
PAYMENT PLATFORM FOR THE $7 TRILLION MERCHANT BANKING INDUSTRY
romit.io | @romithq | [email protected]
280,000
transactions processed
52%
MoM growth
romit.io | @romithq | [email protected]
[5 Months Since Launch]
average revenue per transaction 4X industry average
romit.io | @romithq | [email protected]
400 basis points
romit.io | @romithq | [email protected]
Merchant acquiring banks process $7T / year
OTHER 95% ARE LOSING MERCHANTS AND VOLUME
romit.io | @romithq | [email protected]
LOW TECH HIGH FRAUD
1.2%Merchant chargebacks before Romit.
0.0079%Merchant chargebacks after Romit.
0%
0.3%
0.6%
0.9%
1.2%
BEFORE ROMIT AFTER ROMIT
romit.io | @romithq | [email protected]
STOPS FRAUD. MITIGATES CHARGEBACKS.
romit.io | @romithq | [email protected]
JORDAN KELLEY: CEO
JOHN RUSSELL: CTO Hamilton Robotics.
CHRIS YODER: SR. SOFTWARE Senior Software @Intuit
DARIN ROGERS: FULL STACK Senior Software @GSN
EX-BITCOIN TEAM $150M TRANSACTED 18 COUNTRIES, 14 CURRENCIES
MERCHANT BANKING PARTNERS
Romit’s Merchant Banking Partners Today
$24.6B $22.2B $4.6B