Raising a 20M USD Student Fund to Educate 25.000 High EarningIT Freelancers in Bangladesh
CodersTrust at a Glance
| Company Presentation - CodersTrust Student fund2
We provide microfinance for IT talents to upgrade their skills, so they can earn more money on freelance portals
22 full timeemployees
4000 applicationsand 450 students
Raised 1.2M USD from private angels andinstitutional investors
Partners with GrameenSolution, Elance, Upwork, Bank Asia, and DANIDA
As featured in: Headquarter in Copenhagen, Denmark (2013).
Operational Office in Dhaka, Bangladesh (2014).
Operational office in New Delhi, India(2015.
Meet Ella – a low skilled freelancer from Bangladesh working for 2 USD/hour on freelance portals
Ella is
| Company Presentation - CodersTrust Student fund4
… one out 500.000 freelancers in Bangladesh
… 14M freelancers worldwide
… a market that will grow to 160M by 2020*
0M 2M 4M 9M 12M 16M25M
50M
90M
125M
165M
Job
s created
on
on
line la
bo
r ma
rkets (in m
illion
s)
160
140
120
100
80
60
40
0
20
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
We Provide Microfinance for Talents to Upgrade their Skills, so they can Earn more Money on
Freelance Portal
Ella applies online and CodersTrust uses her online track record to approve her student loan and course admission
| Company Presentation - CodersTrust Student fund6
Sign Up!1. 2.
3. 4.Importing
CodersTrust automatically imports and displays your data from the E-learning and freelance portal.
Get Funded
Now you are ready to manage your work, e-learning and get funding in one place.
Link Account
Login to your online workplace account once to link them to CodersTrust
Ella follows courses and is part of an interactive learning community
| Company Presentation - CodersTrust Student fund7
1. Livecoding sessions withIndustry experts.
2. 1-on-1 mentorship fromindustry experts,
4.Online Q&A knowledgebase and tracking with GitHub forum integration.
3. Automated code review with Codacy
5. Livecoding sessions withIndustry experts.
Ella receives job recommendations that best matches her current skills
| Company Presentation - CodersTrust Student fund8
TOP 10 Recommended Jobs
Matching Skills with Demand
+25.000 Jobs posted weekly
Skill Level
Ella receives 90% of her income through an automated payment split process from Payoneer - the remaining 10% will go to CodersTrust
| Company Presentation - CodersTrust Student fund9
$450
SALARY SPLIT
INSTITUTIONMICROFINANCE
40%LENDER
10%CodersTrust
50%STUDENT
$1000
$450$360
Freelancer tasks
Client pays studentAmount is splitted in the cloud
Automatic transfer to each account
Ella is not alone –We already have 5.000 screenedloan applicants ready and repayment data on 150 students
| Company Presentation - CodersTrust Student fund10
Media reach, social networks 17klikes on Facebook
Sign up for free profile 5000
Applicants 4000
Enrolled students 450
Registered loans 52
Students earning money 150
Proven Platform for Student Funding
| Company Presentation - CodersTrust Student fund11
Online freelancers
Freelance portals
Turn Key for Student Fund
E-learningcenter
Freelance job scanner
Financial loandistribution and
repayment gatewayDaily Collections CodersTrust
API
Loan Sales With Asset Visibillity
Data Analytics and performance
tracking
Proprietary Credit Model
DATA SOURCES
1st online based, student lending platform
• Over 5.000 loan applications processed
• Over 150 student earning money and repaying loan
+5000 screenedapplicants
Raising $20M of capital for
student loans
Freelance Platfom
FinancePlatfom
E-learningcontent
Capital Sources
BIG Data – Small loans – Big Impact
| Company Presentation - CodersTrust Student fund12
We use big data, complex algorithms and automated workflows to democratize access to education and the online labor market creating trust in the new generation of the online and on-demand workforce.
Profiling and testing
PerformanceMeasurment
Credit scoring
Learning Progress
Earningperformance
Unique and deep data on freelancers
BIG DATA on freelance profiles
Channels :
At CodersTrust We are always Looking for moreData to Improve Model Performance
| Company Presentation - CodersTrust Student fund13
60%
Version 1
65%
Version 2
85%
Version 3
95%
Version 4
▶ More student/freelance data to model on
▶ More loan history to model on
▶ More data points on each loan
▶ Result : Better model performance and Coverage
Who is investing into the fund
| Company Presentation - CodersTrust Student fund14
Raised venture capital as collateral for the loans
Local financial institutions
Government/Impact investors
Strategic investors
High Worth Individuals
Institutional investors
United Nations Development Programme
BANK ASIA
CodersTrust
Accenture
Angel investors
Financial institutions
Overview of Benefits for All Stakeholders
| Company Presentation - CodersTrust Student fund15
STAKEHOLDERS BENEFITS
CodersTrust• Access to growth capital to scale up operations• Access to a stable and predictable revenue stream without labor intensive fundraising
Investor• Achievement of financial returns and social impact• Participation in new asset class with portfolio diversification benefits
Government• Accountability for taxpayer funds• Reduction in the need for costly downstream remediation• Increased supply of effective services for citizens without financial risk
Communities• Access to an increased supply of effective social services• Reduction in the need for crisis-driven interventions
Benefits for Governments
| Company Presentation - CodersTrust Student fund16
The cost onboarding students on local or online labor market
Cost to Government
($100 Million)
Government cost saving ($35 Million)
Cost of Intervention ($40
Million)
Cost to Government ($25 Million)
Status Quo With CodersTrustIntervention
Benefit for Our Students
| Company Presentation - CodersTrust Student fund17
$14/hourSalary in 2nd Y
$700Monthly Salary after 1st Y
$22,000Total earning in 3rd Y
ScoringOf performance
4
8
12
0
Wk 1 Wk 2 Wk 3 Wk 4 Wk 5 Wk 6 Wk 7 Wk 8 Wk 9 Wk 10 Wk 11 Wk 12
▶ FIRST CODING JOB
▶ EXPERT WEB DESIGNER FRONT END
▶ DESIGN WEBSITES, UI/UX
▶ START LEARNING
▶ NO CODING SKILL
Skill & $
Suitable Impact for a Nation
| Company Presentation - CodersTrust Student fund18
100,000IT talents
1,500,000Empowered
$ 2,56 BillionStudent earning Y3
50Learning Center
500Mentors
How to Invest Into the Fund
| Company Presentation - CodersTrust Student fund19
1. Select target group and product
Target Group End skills
Introduction course
1. Poor English skills2. Zero IT/Computer based knowledge3. Non-existent IT hardware skills (how to use PC, turn it on/off and etc.)
1. Operational skills in Microsoft Office: Word, Excel, Power Point2. Basic English & Communication knowledge3. Usage of Social Media, e-mail and other online communication tools
Basic course 1. Basic computer operations using MS Office2. Internet Browsing3. Data entry
1. Front-end Web Development: student will be able to create any type of website design & development.2. Responsive Web and UI design ser Interface/User Experience Development (UI/UX)3. PHP Based Web application development
2. Choose investment
investment per student Investment per 100 student batch
Investment per 500 student batch
Introduction course 250 USD 25.000 USD 125.000 USD
Basic course 500 USD 50.000 USD 250.000 USD
Returns, Monitering and Access We target a 5% anual return over a 5 year period
| Company Presentation - CodersTrust Student fund20
Financial Investor dashboard:
• Track performance in real-time
• Track student activity
• Track/monitor repayment
Strategic Investor dashboard:
• Access student ranking & performance
• Recruit students based on performance
Team will make it happen
| Company Presentation - CodersTrust Student fund21
Global team
Several serial entrepreneurs and
specialists that are determined to
make a difference in the world.
Expertise
• Operation
• Fundraising
• Financial Inclusion
• Developing countries
• Scaling
FERDINAND KJÆRULFF ASSER SMIDT JAN-CAYO FIEBIGFOUNDER & CEO CO-FOUNDER &
HEAD OF PRODUCTCO-FOUNDER & CFO
FERDINAND KJÆRULFF LONE FØNSS SCHRØDER AMAR DUGGALFOUNDER & CEO SENIOR ADVISOR, CREDIT SUISSE
PROFESSIONAL BOARD MEMBERCFO & BOARD MEMBER
Lets Inspire The Next Generation To Realize Their Highest Potential
Top Related