This funding round has closed
Lenderwize is solving the cash flow needs of Telecom Wholesalers. A vertical marketplace worth $64 Bln which grows 9% p.a.
200% of minimum goal raised
Lead investor: Mike Ashworth |
Minimum Target £ 50,000 |
Minimum investment amount £ 10,000 |
Maximum Target £ 310,000 |
Maximum investment amount £ 250,000 |
Lenderwize is the first Lending Platform for Telecom Operators, offering a new Asset Class to Invest in. Telecom Wholesale exists because International Phone calls go through multiple Operators: “Call Origination, Transit and Termination”, hence wholesale Operators buy and sell billions of minutes of calls, globally. They are experts in in the Industry, having partners who have been at the head of Tier1 Operators. They also use Blockchain based Fintech & Insuretech platforms to mitigate risk, and the invoices can be Insured. The Lenderwize Opportunity is therefore New, Big, and Safe. And the Team has great expertise, with a proven track record.
Lenderwize provides Working Capital to Telecom Wholesalers. Their typical clients are mid sized Operators (50-300mln in annual revenues), hence SMEs which are "Transit" operators. They sell to large Tier1 Operators (Originators) and buy from smaller (Terminating) Operators. Thanks to their Know How and Industry Knowledge, they have identified 1350 Wholesalers in need of $96M, hence the Cost of Acquisition of clients is very low. Likewise the Back Office, Credit Vetting and Loan Management is very lean, making Lenderwize a competitive provider vs Market Invoice or Funding Circle. Clients benefit from their USP as they act as a Broker seeking "bigger, cheaper and better" funding sources.
Large Operators pay on 60 days whilst suppliers are paid on 7 days, hence the middlemen suffers an average -53 day Cash Flow Gap. Lenderwize solves this problem. Banks do not understand the Industry because a phone call is not a tangible asset such as Real Estate, hence Banks provide limited help. The Industry is perfect for Alternative Lenders, and clients pay above market Interest Rates. They mitigate risk by using Fintech and Insuretech Platforms which allow us to certify "proof of service", verify the "delivery of calls", request the "insurability of Invoices" and monitor the "payment" of invoices between clients and suppliers. The Invoices are underlying Assets.
They earn on the Spread between the interest paid by Clients (Telecom Wholesale Borrowers) and Lenders. This equates to 6% APR, on an estimated Loan Book of $100 Mln. Typically Clients borrow on a recurring Monthly basis.
They also have an additional source of revenue which comes from two SPVs they setup, actual Telecom Wholesalers which trade. These SPVs were setup to give "proof of concept" and to sell invoices to their Swiss Factoring Partners and to the UK Factoring Partners. The monthly margin on these trades is 2.5% and the forecasted revenues are 2 Mln per month. The invoices of these Telcos can be Insured at competitive rates.
Lenderwize provides Working Capital to Telecom Wholesalers. Their typical clients are mid sized Operators (50-300mln in annual revenues), hence SMEs which are "Transit" operators. They sell to large Tier1 Operators (Originators) and buy from smaller (Terminating) Operators. Thanks to their Know How and Industry Knowledge, they have identified 1350 Wholesalers in need of $96M, hence the Cost of Acquisition of clients is very low. Likewise the Back Office, Credit Vetting and Loan Management is very lean, making Lenderwize a competitive provider vs Market Invoice or Funding Circle. Clients benefit from their USP as they act as a Broker seeking "bigger, cheaper and better" funding sources.
Large Operators pay on 60 days whilst suppliers are paid on 7 days, hence the middlemen suffers an average -53 day Cash Flow Gap. Lenderwize solves this problem. Banks do not understand the Industry because a phone call is not a tangible asset such as Real Estate, hence Banks provide limited help. The Industry is perfect for Alternative Lenders, and clients pay above market Interest Rates. They mitigate risk by using Fintech and Insuretech Platforms which allow us to certify "proof of service", verify the "delivery of calls", request the "insurability of Invoices" and monitor the "payment" of invoices between clients and suppliers. The Invoices are underlying Assets.
They earn on the Spread between the interest paid by Clients (Telecom Wholesale Borrowers) and Lenders. This equates to 6% APR, on an estimated Loan Book of $100 Mln. Typically Clients borrow on a recurring Monthly basis.
They also have an additional source of revenue which comes from two SPVs they setup, actual Telecom Wholesalers which trade. These SPVs were setup to give "proof of concept" and to sell invoices to their Swiss Factoring Partners and to the UK Factoring Partners. The monthly margin on these trades is 2.5% and the forecasted revenues are 2 Mln per month. The invoices of these Telcos can be Insured at competitive rates.