Despegar Results Presentation Deck
Koin Will Enter Colombia Through Movii Partnership, While Expanding
Merchant Base in Brazil
Colombia's large and rapidly
growing BNPL market
Colombia market ripe for Buy Now Pay Later (BNPL) disruption:
(1)
Highly underserved population with limited credit access
Fast-growing ecommerce market
BNPL market grew record 200% in 2020 and projected to generate US$ 4.5
billion of transactions in 2028, growing 40% per year (1)
Movii one of Colombia's leading
fintechs
MOVII
+3.5 million of end-users
60,000 merchants
Operates in the B2C segment as a digital wallet with large user base
In the B2B segment, it acts as an acquirer and provides payments solutions to
businesses
According to PayNXT360, a payments research and consulting firm
Expanding merchant base
beyond Decolar
• TPV(1) from merchants excluding Decolar up 117% QOQ,
representing 21% of Koin's TPV
• We have recently signed agreements with the following
partners:
- AQ Pago
Magazord
- WBuy
- Yuno
- MIT
• Contracts with a total of 92 merchants as of March
2022, across
verticals, including: tourism,
education, retail, home appliances, among other.
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