About Us
Credit is a digital wallet for managing financial assets with support for national and cryptocurrencies. Credits will provide digital financial services to users in the European Union and the United Kingdom.
There’s a growing demand for NeoBanking services. It’s been a trendy area for several years, and we see how big NeoBanks like Revolut add crypto products to their services. We provide Neobanking services for customers faster and cheaper, and we have a loyal customer base.
Investment Highlights
We are developing NeoBank: debit cards, cryptocurrency, and stock trading. Fully compliant and licensed. Early A-stage, and we started some services.
We are looking to raise $5,000,000
Our market consists of both Crypto and Neobanking users. Our main activity regions are Europe and UK, but we plan to go global in the future.
The marketing campaign is based on developing various sales channels: Google Ads, Facebook, Youtube, and mailing lists. Advertising on multiple sites dedicated to crypto services.
35 Employees. 17 Developers. Five team members are from top bank positions (C-level). We have a highly qualified tech and business team.
Vision and Value Proposition
We look into the future and suggest and assume good prospects for the crypto market.
Users are forced to use separate services for buying, storing and selling cryptocurrency and fiat, and they hold crypto in one place and buy via different services. We provide a service that addresses that issue and fiat & crypto services at low costs.
The Problem
Difficulties with fast and comfortable crypto to fiat exchange. In addition, you need to use several separate services for that transaction.
Target Market and Opportunity
Our market consists of both Crypto and Neobanking users. Our main activity regions are Europe and UK, but we plan to go global in the future.
The Solution
We provide a service that addresses that issue, we provide fiat & crypto services at low costs
Business Model
- Consumer Lifetime value is ten years – LTV $1600.
- Registered user cost is $30.
CAC costs $107 for Monthly Active Users (MAU) for the first year. 30% of registered users become permanent (MAU) for the first year.
- ARPU (Average user revenue per Year) is $96 (in the first year). In the sixth year, it
will grow to $162 - Consumer Payback Period is just less than one year.
- From the fifth year, the project will start being profitable.
- During the sixth year, we will reach the break-even point:
- Monthly Active Users – 3,834,545 users (all clients 13,783,460)
- Revenue $414,942,466 p.a. Profit $27,894,116
Marketing and Sales Strategy
The marketing campaign is based on developing various sales channels: Google Ads, Facebook, Youtube, and mailing lists. Advertising on multiple sites dedicated to crypto services. For example, Coinmarketcap. Analysis of the actual user attraction cost and the development of the cheapest channels.
Table of Contents
Team
Igor Chugunov
CEO, Founder
Entrepreneur in the field of Fintech and IT technological startups for 17 years. Created several projects. Focused on innovation and startup management.
Andrey Kuznetsov
COO/CFO
20 years of operational banker on “C” level. 2 years – as a Top at PaySend. A CEO of several banks. A strong manager, chief accountant and auditor.
Ivan Ageev
CIO
CIO/CTO of several banks. Experience more than 20 years. IT Director of Nordea, RGS, RSH. He is able to create and support core banking systems.
