Caixa Empreender Award 2016| Magni finance (Lc)
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Transcript of Caixa Empreender Award 2016| Magni finance (Lc)
Platform that enables SMBs across the world to manage their cash flow in just 5 daily minutes
Our Purpose
André Silva, CMO
Inbound traffic and registration generation
Worked at Deloitte as a Consultant
Project management experience Insurance and Logistics industries
Diogo Nesbitt, CCO & CFO
Trial conversion, clients renewal and customer satisfaction
Worked as a freelance project manager
Project management experience in Banking and Transportation industries
Jorge Santos, CEO & CPO
Product development, platform architect and KPIs
Worked at Cisco Systems SF as a Software Developer
Project management experience in Media and Transportation industries
Founders worked together for the past 6 years, with 5 years of entrepreneurial experience in prior startups
Team
Real-time cash flow management made possible through proprietary bank account synchronization and OCR processes
Treasury Management
AccountingSales & Purchases
Our Solution
InvoicingPurchase &
Expense Recognition
Proprietary Bank Synchronization
Treasury Management
Tax Accounting
Internationalization barrier
Integration with local accounting Software
Competitive Positioning
Integration with local accounting Software
Integration with local accounting Software
Internationalization advantage
Secondary markets (dedicated website but without bank reconciliation)
Core markets
Major cloud-based solutions Local non-cloud based solutions
Our competitive
space
Europe
S/C AmericaN. America
Asia
Africa
TOTAL MARKET €15B
90 MProspects
1.5
3.7
2.5
0.8
Germany
Italy
Spain
Portugal
Number of Micro businesses (million)
Germany
Italy
Portugal
Spain
NEAR TERM EXPANSION€1,4B
8,5MProspects
Reference:
Addressable Markets
One year ago we were distinguished as the winner of CaixaEmpreender Award that came with a €200k investment
Milestone
Milestones:Platform
development
Accounting Soft. Synchronization
Stock Management
Sidekick Mobile App (iOS + Android)
Reliable Product
2336
5969 72
8799 105
125
165
215
257
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Number of Paying Customers
660793 843
1,0211,164
1,271
1,536
2,036
2,692
3,120
Mar Apr May Jun Jul Aug Sep Oct Nov Dec
MRR
Milestones:Traction
Partnership with Accounting
Firms
Milestones:Business
Development
Hired biz. dev. >10 years sales experience in
financial software
Got investment from Wayra
(Telefónica Group)
Looking to raise €600k for the next 18 months of runway…
Overhead13%
Marketing and Sales46%
Product Development
32%
International9%
Seed Round
Following Completion of Seed Round
Founders 68,00%
Caixa Capital 18,00%
WAYRA(Telefónica Group) 4,00%
New investors 10,00%
Total 100,00%
…with €250k and €100k having already been committed by Caixa Capital and Wayra.
Seed Round
2016
Invoicing and Expense Mobile App
Connect Clients with Financial Products
Point of Sale Feature
2017 Mid 2017Mid 2016
Product Development
Plan
2016 2017
Invoicing and Recognition rules
Continuous work with accounting firms
Integration with accounting software
Mid 2017Mid 2016
Entry in Spain Milestones
2018
Internationalization
Up-selling & Cross-Selling
Product
2020
5 Year Plan
2019 2021
Financial Services Integration
Business Analytics Immersive Data Viz.
Credit and Investment
Business Optimization
Business Marketplaces
= 7M businesses
= 8,5M businesses
= 20,5M businesses
Join us in enabling SMBs across the world to manage their cash flow in just 5 daily minutes
Thank you!
Jorge Rodrigues dos Santosemail: [email protected]