Lenderwize

Compliance Team
Angels Den

Dear User,

You may have heard about the new General Data Protection Regulation (“GDPR”), that comes into effect May 25, 2018.

We would like to ensure you that your personal data is safe with us. Please read the details regarding the processing of your personal data and if you agree with the processing as described below, please click the ‘I agree’ button.

Please be informed that you can withdraw this consent at any time.

1) What data are we talking about?

We are disclosing details regarding the processing of personal data that is collected within our calls and in connection with your use of Angels Den’s platform, Websites and other functionalities of Angels Den, including those saved in cookies files.

2) Who will be the controller of your data?

Angels Den Funding Limited (hereinafter referred to as AD) will be the controller of your data (Angels Den means all entities from the Angels Den capital group, which includes Angels Den Funding Limited with its registered office in London and all entities related to it and dependent on it) and only our Trusted Partners.

3) Why do we want to process your data?

We process this data for the purposes described in our Privacy Policy, including:
- compliance with any legal requirements and obligations,
- ensuring that content from our Website is presented in the most effective manner for you,
- marketing purposes,
- providing you with our services (including the completion and support of immediate activity required to provide you with information and deliver products and/or services that you request and to deliver any contracts entered into with you), or
- as otherwise explained in this privacy policy or by any communication by us.
Where you have explicitly consented to be contacted for such purposes, we use your personal data to provide information on our new and existing products and services.

4) To whom can we transfer data?

In accordance with applicable law, we may transfer your data to entities processing it at our request, e.g. marketing agencies, subcontractors of our services and entities authorized to obtain data under applicable law, e.g. courts or law enforcement agencies - of course only if they submit a request based on an applicable legal basis. Furthermore, we will transfer your data to Trusted Partners outside the European Union – to the USA – under the EU-U.S. Privacy Shield Framework.

5) What are your rights to your data?

You have the right to request access to, correct, delete your personal data. You can also withdraw consent to processing of personal data, raise objections and use other rights granted under GDPR (i.e. right to data portability).

6) Use of cookies

We use cookies to give you the best experience on our Website. This means that we have placed cookies on your device. If you continue without changing your cookie settings, we assume that you consent to our use of cookies on this device. You can change your cookie settings at any time but if you do, you may lose some functionality on our Website. More information can be found in our Privacy Policy.

In connection with the above, I agree to the processing of my personal data by Angels Den and its Trusted Partners. I confirm that I understand that my personal data is being collected as part of my phone calls, use of AD’s online platform, Websites, and other functionalities of AD, including the data saved in cookie files. I also consent to profiling in order to allow Angels Den and its Trusted Partners the provision of better services (including for analytical purposes). Your data will only be processed on a valid lawful basis in accordance with applicable data protection laws. The processing of your personal data for marketing purposes (including statistical analysis) by AD is based on the firm's legitimate interest. The processing for marketing purposes by our Trusted Partners is only possible if we receive your freely given consent. We will also process your personal data to fulfil our contractual obligations to you as contained in AD’s Terms and Conditions of the use of our Website and services. Therefore, this data will be processed on another lawful basis – ‘contract’. We will also process your data to comply with our legal obligations for our Service (such as anti money laundering and know your customer requirements), which is also a valid lawful basis in accordance with applicable data protection laws.

Expressing this consent is voluntary and you can withdraw at any time.

If you have any doubts or questions about the use of your personal data, please do not hesitate to contact me via email. I’m happy to assist.

Compliance Team
Angels Den
cl@angelsden.com

I Agree

Not Now

LENDERWIZE

Lenderwize is solving the cash flow needs of Telecom Wholesalers. A vertical marketplace worth $64 Bln which grows 9% p.a.

£ 100,045

0 Days left

200% of minimum goal raised

Mike Ashworth

Minimum Target

£ 50,000

Minimum investment amount

£ 10,000

Maximum Target

£ 310,000

Maximum investment amount

£ 250,000

Investment Opportunity

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.

THE IDEA

Products & Services

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.

Problem Solved

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.

Revenue Model

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.