Online Payment for Everyone

Thailand

Japan

Singapore

Indonesia

2016 > Malaysia / Philippines / Vietnam / Hongkong

2016_Jan © Omise Pte. Ltd.,

第8回 FINTECH研究会

Founder / CEO Jun Hasegawa

海外におけるFinTechの動向、日本への示唆・連携の可能性

About Omise

2016_Jan © Omise Pte. Ltd.,

We did not begin operating as a “FINTECH” payment company.In Japanese, Omise means ‘shop’ or ‘store’.

E-commerce (social-featured) Platform Online Payment Gateway Platform

One huge setback we encountered is that Thailand lacked a sophisticated payment gateway to support our planned finish product.

About Omise

2016_Jan © Omise Pte. Ltd.,

mission Online Payment for EveryoneWe feel strongly that payment is for everyone. Accepting payment online should be a right, not a privilege.

HOW?

Geography Product Portfolio

sudo

New Infrastructure

About Omise

2016_Jan © Omise Pte. Ltd.,

Omise will become the one-stop payment gateway service for ASIA.

Simple registration

Easy integration

Awesome dashboard

Robust securityLocalized Alternative Payment Methods (APM)

No downtime cloud base infrastructure

New generation ofPayment infrastructure

About Omise

2016_Jan © Omise Pte. Ltd.,

“15 most funded FinTech startups in Southeast Asia” - Tech in Asia -

“13 Asian Startups To Watch In 2016” - TechCrunch -

Our investors

2013 2014

Development ofe-commerce platform

June

Pivot towards developinga payment gateway

Aug

First prototype payment gatewaylaunch at ECHELON THAILAND

Sep

Live closed beta test

Dec2015

Apr

SERIES AFunding

Jun

Incorporatedin Singaporeand Japan

Dec

Incorporatedin Indonesia

Definition of FINTECH in ASIA

2016_Jan © Omise Pte. Ltd.,

Government

FinancialInstitutions Technology

- Regulatory- Law- License

- Payment infrastructure- Pay in and out portal

- System infrastructure- New payment methods- Implementation connectivity

FINTECH

In Asia, regulations is one of the biggest obstacles FinTechs face. The other, is the financial institution connectivity barrier. However, both parties (the government and financial institutions) have immensely contributed and become more involved with technology, working to create a sufficient FinTech environment.

Market differentiation

2016_Jan © Omise Pte. Ltd.,

21%

22%

37%10%

11%

33%

8%

27%

Example: A Forecast of 2019’s payment type to market differentiation ratio

Credit Card

Debit CardeWallet

Others Credit Card

eWallet

Bank Transfer

CODOthers

US Market SEA Market

The graph represents the difference in people’s payment behaviour. It demonstrates the opportunity of localised payments.

Debit Card

*Global payment report 2016 *Global payment report 2016

Plastic card - Cashless Society Countries with localised payment

Market opportunity

2016_Jan © Omise Pte. Ltd.,

B2C Market size$673Billion

*Global Asia E-Commerce Report 2015

In 2016, Southeast Asia’s market is expected to become larger than the whole US market.

Growing at a double digit %

P2P Payment Market size$20Billion

*VISA research

Markets are growing rapidly despite obstructions.

Obstacles in Asia’s Market

- Half of the population still don’t own a bank account- Low number of credit card holders- Restricted by regulations- Unreliable infrastructure- Remittance across the region

Market opportunity

2016_Jan © Omise Pte. Ltd.,

Ideal Financing Solutions for Asia’s Market

HR Technology AccountingO2O Mobile payment

Each country has different HR regulations such as tax, payroll, insurance etc.

With corporates expanding across the region, there’s high demand of accounting SaaS providers.

There’re people who own smartphones but don’t own a bank account. What if carriers could provide eWallet that comes with a card? We’d be able to facilitate people’s daily lives and, at the same time, aim towards forming a cashless society.

Future payment

2016_Jan © Omise Pte. Ltd.,

Businesses

Card brands

Banks/Stocks

Consumers

The FUTURE of global payments.Technology has the potential of solving current complications in network infrastructures, but withoutco-operation from the government sector and financial institutions things will be tough.

Eventually synthetic intelligence will takeover humans and retain the consistency of the financial world. Decisions made will be by the most consistent AI technology; leaving out possibilities of human errors and promoting fairness. Corruption will be non-existent.