High Level Overview

1. Named in the top 20 Fintech
Companies in Africa Matchi Standard
Bank Fintech Challenge
2015
Invested in by Business
Partners Pty Ltd2016
2017
Selected for Barclays Rise
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2. A number of years ago we identified the issue of massive amounts of
funeral insurance premiums being paid in cash, and were shocked to
find that people were being issued with hand written receipts as
proof of payment.
Why are so many people not using, EFT, bank deposits or mobile
payments? Culture, community, trust - the answers are too many to
list but this payment culture is as old as the industry itself.
So how does one transform this culture?
At Byte Money we believe in optimising and evolving, not uprooting,
entrenched informal spending behaviour and business systems. In doing
so we are leveraging these existing networks to cover the proverbial last
mile. By securing these payment channels we are positioned to not only
reduce risk, but to create opportunities for the cross-selling of additional
financial services.
Enter PYP

3. PYP is a mobile payment receipting and
allocation platform.
Retrieves customer’s policy data live ‘in the field’
Updates broker and/or underwriter software
Automatically detects lapsed policies and outstanding balances
Live payment data and realtime administration
Integrates via an API to any supporting software
Mitigates fraud, eliminates protracted and inaccurate reporting by ‘closing the
loop’
Issues fully FSB compliant receipt and 6 month statement
Covers the last mile to reach the consumer where they are.
Manages and tracks ‘part payments’ reducing lapse rates among poorer
communities

4. Auto Assigns
Policy No.
Database
Live
Update
Live Feed of Any Aggregated
Business Intelligence Data Resulting
Form the Transaction (Optional)
Live
Stream
Customer/
Account
Holder
Agent/Broker
PYP

5. The last mile

6. The first iteration of PYP was developed 7 years ago. Our current PYP
platform has been co-created with grass roots collection agents, and
user-tested for 3 years. PYP requires supporting back end software to
function.
There are a multitude of funeral and insurance software companies in
the market today, many of whom use our PYP platform. However we still
see many insurers struggle to get consistent reporting.
The lack of unified data formats from the various software packages
(including excel) means that the collation of data from broker networks is
still heavily reliant on timeous reporting from intermediaries.
Enter Open Breeze

7. Is a web-based account management system. Specifically targeting micro-enterprises
and late adopters of business technology in rural or under serviced markets.
Supports all FICA required information and document storage
Open Breeze is effectively a ledger with an associated ‘account’, meaning it can be used to
track and manage both incoming and outgoing funds for a variety of customisable product
types. From loan accounts to long and short term insurance products, among others.
Can be deployed as a stand alone system that works in parallel with ERP software, or a
white-labeled/custom branded software.
We can supply the source code to underwriters wishing to host Open Breeze on their own
servers. Giving underwriters the opportunity to deploy their own integrated software to their
clients at a fraction of the cost.
Has been developed as a simple, user friendly software system for the management of
insurance policies.
Multiple payment types can be managed and integrated into Open Breeze

8. Admin - so what?
Unifying data streams in real time enables both ‘customer centric’ and ‘risk centric’ data analysis.
From customer segmentation, campaign analysis and lapse propensity to product design, pricing
and fraud detection/prevention.
The good parlours and administrators have a high level of liquidity and are FSPs with large
customer bases. Combined with their deep penetration into under serviced markets, where
acquisition costs are high, they are perfectly positioned to perform a community banking
function; a credit union of sorts or savings and loans association. Offering niche and flexible
banking products to their communities.
Our aim is to provide the software tools to enable financial institutions to facilitate and
underwrite these ‘micro banks’, and to challenge ‘brick and mortar’ banking in the same way that
funeral parlours and group schemes have challenged conventional insurers.
Banker/Broker in a Box
Payment capturing - Automated Administration - Reliable Data

9. 0
Compliance
Live,
Automated
Administration
Live
Reporting
Secure
Authentication
Cross-
Platform
integration
Payment Capturing
Broker in a Box

10. Enabling Better Data Decisions
More TransparentMore Efficient