📄 Extracted Text (312 words)
I EXI MCHAI NI
TRADE FINANCE POWERED BY THE BLOCKCHAIN
EFTA01104339
OUR MARKET
SMEs lack:
Payment Contract Pre-Export Financing
Guarantees exporter Provides the exporter
payment and the working capital
importer the right financing between the
goods. This is key to pre- time of manufacturing
export financing. and payment
$22 TRILLION
EFTA01104340
TRADE FINANCING IS ANTIQUATED
Access Complexity
+ Only provided + 1-2% on each + Costly
by top banks transaction discrepancies
+ SME's cannot + Banks charge $39 + 2O days until
access bn in fees /year payment
EFTA01104341
Making a Trade with William and Mark
Trade: $8M Deal for foldable chairs
Letter of Credit fees for this transaction: $100,000
yc
PAIN
POINTS
William Liu Mark Cahsens
Needs capital financing in order to manufacture Doesn't trust Will enough to pay in advance for
export order the order
Can't get pre-export financing without LC Costly LC is the only way to get his order
Paid with a 20 day delay even with an LC
EFTA01104342
OUR INNOVATION
0 0
tedlea0e
Institutional
Investors
Apply for Pre-export
guarantee financing
w -40
Importer Documents Documents Exporter
EXIMCHAIN
EXIMCHAIN Web-Based P2P Credit Automated Doc 2 day payment
Assessment Checking processing
BANKS Paper-Based Traditional Credit Assessment Manual Document 20 day payment
Checking processing
EFTA01104343
OUR VALUE
Easy Access Cost Effective Simple
Our Innovations:
P2 P Guarentees
Lending Market
Decentral ized identity management
EFTA01104344
GO TO MARKET STRATEGY
Beach Head Market Fol low On Markets
US Importer
O US Importer
Chinese Exporter Revenue Potential: Chinese Exporter
Plastic Trade $60-70 MN Corridor
LC Trade Volume: LC Trade Volume:
$9 BN $430 BN
Revenue model - Fees on: Payment contracts and Pre -export financing
EFTA01104345
COMPETITION
HIGH
1EXIMCHAINI
V)
4][
HSBC
citi
LOW
UBS Bank
HIGH LOW
COST
EFTA01104346
CORE TEAM
Wellesley' MIT I Harvard
Hope Liu Jinglan Wang Can Kisagun Chris Crawford Feola Odeyemi
FINANCE TECHNOLOGY BUSINESS LAW TRADE
EFTA01104347
ℹ️ Document Details
SHA-256
63b3d23ba195b2363171f64dc8d8b58fc01649d18099a8969157ed2ac320b8f9
Bates Number
EFTA01104339
Dataset
DataSet-9
Document Type
document
Pages
9
Comments 0