CONVENTIONAL STRUCTURE FOR …replace) legacy systems for complementary functionality. Adaptability: Technology that adapts to how your business operates and evolves with innovation.

CONVENTIONAL STRUCTURE FOR UNCONVENTIONAL FINANCE

CORE BANKING FOR NEW FINANCE

MISSIONENABLE BANKS TO OPERATE LIKE FINTECHS

• Fintech is progressing faster than banksBanking innovation remains expensive and complex,

regulation is becoming more onerous and costly, and it’s

only getting worse as technology progresses.

• Everything is becoming more and more digital Society, including finance, is becoming more and more

digital, creating further pressure on banks to innovate.

• New software has created costing efficienciesAdvances in software means that banking technology can

now be efficiently developed and supplied, while

remaining flexible.

WHY NOW?“WE BUILD TOO MANY WALLS AND NOT ENOUGH BRIDGES.”

- Isaac Newton

PROBLEM: CORE SYSTEMS ARE TOO COMPLEX, EXPENSIVE, AND DIFFICULT TO INTEGRATE WITHYET NEW TECHNOLOGY IS INTEGRAL

FOR BANKS TO SURVIVE.

CUSTOMISATION Many smaller banks aren’t taken seriously by existing providers

and don’t get the functionality they require prioritised. Often they have to pay large licensing fees to cover features that are not required by them.

CORE BANKING COSTS Existing core banking systems are expensive to implement, license and

maintain. Many existing providers have to inflate their cost to support the hundreds of functionality sets they offer and the large teams required to maintain them.

REGULATION Banks struggle to integrate new technical solutions that can reduce

high compliance overheads, resulting in up to 65% of total expenses going to compliance. This is only increasing as regulation expands to meet new technology risks.

WE ENABLE BANKS TO RUN LIKE FINTECHS

BVNK ENABLES BANKS TO SAFELY INTEGRATE NEW TECHNOLOGIES

INTO THEIR BUSINESS, BY PROVIDING MODULAR AND SCALABLE

CORE BANKING INFRASTRUCTURE THAT SUPPORTS NEW

TECHNOLOGIES, BUSINESS MODELS AND REGULATION.

• Customisable: API first to easily

integrate new technologies and reduce

turnaround times, and modular to

create a truly bespoke solution.

• Light-Weight: costs are significantly

reduced with modern technology and

small efficient teams.

• Digitally Native: enable truly digital

banking solutions like Machine

Readable Regulation, AI and Digital

Assets

BVNK solves many of the risks that face banks when dealing with

financial innovation.

• Technology: we are a technology first company and have

designed the system with the pace of technology in mind. • Interoperability: being an API first allows us to replace or

complement existing systems, and integrate easily with others.

• Multichannel: users can bank with multiple digital assets through

SMS, USSD, QR Codes, Facebook Messenger and more.

• Machine Readable Regulation: we codify regulation to reduce

overhead costs, compliance risk and human error.

• Alpha Friendly: fixed scope, fixed cost pilots perfect for market

and product testing.

• Digital Assets Natively Integrated: we incorporate support for

digital assets beyond just cryptocurrencies, including security

tokens, digital identity, deeds, commodities, and more. Banks and

regulators can gain previously unavailable visibility, control and

regulative authority over digital assets and transactions.

• Enterprise Security: security is woven into everything we do to meet the challenges of a digital, cloud-based world,

• Multitenancy: multi-tenant business accounts for all currencies.

DIFFERENTIATION

PARTNERSHIPS

Investment Bank in South Africa

We are discussing an OTC digital assets platform for

investment bank in SA. They’re waiting on finalisation of

the policy paper from the South African Reserve Bank

Core banking platform (our core product) for a challenger

bank in South Africa. We are negotiating commercials.

Challenger Bank in South Africa

We are negotiating the development of a Technical

Sandbox at a national level with Liechtenstein

Government.

Liechtenstein

Machine Readable Regulation

Proof of Concept for Machine Readable Regulation

Technical Sandbox for South African regulator; proposal

submitted, waiting on feedback.

Our ‘Infrastructure-as-a-Service’ offering is designed to

complement or replace existing core banking systems.

Deployment: On premise, cloud or hybrid deployments,

locally or internationally.

Integration: Simple and fast integration alongside (or

replace) legacy systems for complementary functionality.

Adaptability: Technology that adapts to

how your business operates and evolves with innovation.

Enterprise Security: World class security expertise for

global business.

Dedicated Resources: resources dedicated to your

account, on the ground where you need them

Regulation Friendly: Conventional regulation applied to

digital assets, with custom requirements per country.

Custom functionality, consulting & integrations costed

separately.

• Annual licensing fee. • Standard fee on all Blockchain transactions.

INFRASTRUCTURE AS A SERVICE

ACCOUNT MANAGEMENT & TRANSACTION MONITORING

Create, delete and manage

accounts, for fiat and digital

assets. KYC. KYB and AML built-in.

SUPPORTS MULTI-CURRENCY & MULT-TENANCY

Create multiple levels of

businesses to support B2B and

B2C operations.

MULTICHANNEL BANKING

Payments and more over SMS,

USSD, Chat Apps, QR Codes, and

more.

CARD MANAGEMENT

Technical support for fiat and

cryptocurrency cards. Requires

issuer.

PROPRIETARY GENERAL LEDGER

Monitor and manage your

organisations accounts,

transactions and assets, in real-

time.

CRYPTOCURRENCY & DIGITAL ASSET SUPPORT

Support all types of digital

assets, like digital identity,

real-estate, utility tokens,

not just cryptocurrencies.

TOOLS FOR MODERN CORE BANKING

FEATURES

SINGLE VIEW OF CUSTOMER

Manage complex customer data

in real-time: both between your

bank and the customers

themselves.

CUSTOMISABLE FEES

Variable or fixed fees and

associated settlement accounts

TRANSACTIONAL ACCOUNTS

• Deposits

• Transactional (inter-account)

• Unique account numbers

• Customisable fee management

• User profile management &

account settings

SUPPORT OVER A HUNDRED FIAT

CURRENCIES, INCLUDING DIGITAL ASSETS.

• Multi-tenant accounts

• KYC, KYB & AML built in

• Fiat & Digital Assets

• EFT, debit orders & overdraft

• Digital KYC & KYB

CARD MANAGEMENTTECHNICAL CARD SUPPORT FOR FIAT AND

CRYPTOCURRENCY

• Card settings & management

• Cheque & debit cards

• Block/unblock cards

• Set, reset & change PIN

• Spending limits

• Transaction authentication

• Daily/weekly/monthly limits

• Visa integration (in progress)

• Virtual cards issuance (in

progress)

• Credit cards

TRANSACTION MANAGEMENTTECHNICAL CARD SUPPORT FOR FIAT AND

CRYPTOCURRENCY

• Supports ISO8583 data

• Account statements

• Transaction reports

• Transaction location support

• Daily/weekly/monthly limits

• Request transactions

• Split transactions

• Real-time conversion between

fiat and cryptocurrency

• Transaction notifications

PROPRIETARY GENERAL LEDGERMODERN ACCOUNTING FOR BANKS

Real-time reporting, built in CFT/AML,

audit friendly, multi-tenant, multi-

currency and much more to ensure that

your bank is able to cope with a

changing world.

NEXT GENERATION BANKING CHANNELS

USSD Features designed

for feature phones

CHAT BOTS Bank through chat applications

like Facebook Messenger

SMS Moving money is as

easy as sending a text

WHITE-LABEL MOBILE APPLICATION

The mobile application is cross platform

and integrates seamlessly with our

infrastructure. Users of the application can

see at a glance all account and transaction

details, as well as have insight into budgets,

add goals and manage limits with ease.

The application can be white labelled,

with custom functionality added.

Sign In

Payments

Accounts

Market

MOBILE APPLICATION

The desktop application

provides customers with

a beautiful and intuitive

banking experience, and

employees with a

comprehensive admin

dashboard.

The application can be

white labelled, with

custom functionality added.

WHITE-LABEL DESKTOP APPLICATION

Login

ROAD MAPTHE FOLLOWING FEATURES ARE ITEMS OUR TEAM ARE WORKING ON OR TESTING, AND WILL MOVE INTO PRODUCTION IN COMING MONTHS.

INTEREST BEARING ACCOUNTS

Saving and investment accounts with interest

management and reporting. Ensure that your

customers have a way to grow their money,

while managing the risk through integrated

and comprehensive data and reporting. FOR GROWING FINANCE

ROADMAP

CUSTOMER RELATIONSHIP MANAGEMENTSINGLE VIEW OF CUSTOMER

Our CRM will map your customer's

relationships with other customers, their

accounts, products and services, with

powerful and customisable reporting

options, enabling you to drive products and

marketing with data centric strategies.

ROADMAP

DYNAMIC REGULATION

Regulation is constantly changing,

and with the development of

technology, its change will accelerate.

We support Machine Readable

Regulation that can be updated fast.CUSTOMISABLE COMPLIANCE FOR A

CHANGING WORLD

ROADMAP

INSTITUTIONAL CUSTODY

Provide digital asset funds and

exchanges with secure, regulated

and transparent storage. We

provide the technology for cold

and hot wallets, as well as access

to external audits.

REGULATED STORAGE FOR

DIGITAL ASSETS

ROADMAP

2014 - Core platform development commences

2015 - Commercial inquiries on open source code

2016 - BVNK LTD is founded

- Accepted to Open Data Institute Accelerator

but declined to participate.

2017 - Launched core platform in closed Beta

- BVNK receives Angel investment

- South African office opened

2018 - Finalise digital asset integration

- Accepted to YC Startup School

- Launch IaaS offering to South African market

- Sign first banking client

- Relationships built with regulators in SA & EU

2019 - Accepted into NatWest Fintech Accelerator

- Accepted into SA Blockchain Consortium

HISTORYBVNK

KYLE HAUPTFLEISCH COO

Kyle is an expert in business

development, operations, and

marketing. He was previously GM

of a media start up, part of the

executive committee for the

online business of one of Africa’s largest media conglomerates

and was a founding partner in a

boutique marketing agency that

was acquired in 2016.

ASSIS NGOLO Head of Engineering

Assis is a full-stack software

engineer with a masters in

Computer Systems and

Telecommunications. He

specialises in the architecture,

deployment and management of both physical and cloud

infrastructures, and is a

specialist in Blockchain and

cryptography systems.

CORE TEAM

KYLE REDELINGHUYS CEO / Founder

Kyle has significant

experience in technology and

finance, recently as a principal

consultant at Visa’s innovation

hub. Kyle headed up Special

Projects at a prominent secure communications

company, dealing with

cryptography and network

systems at scale.

VICTOR SZEWCZENKO Principal Engineer Victor is a full-stack software

engineer with an honours in

electrical and information

engineering. He has

extensive experience with

financial, core banking and security systems. He

specialises in architecture,

DevOps, security, software

and communication. 

ADVISORS

TYLER REED Share holder / Advisor

Tyler is CEO at Hyve Mobile, a

successful mobile technology

development business.

He has grown numerous

businesses from the ground up and has an extensive

network in Africa particularly

with Telecommunication and

financial service providers.

CALUM FITZGERALD Share holder / Advisor

Calum is founder at Daemon

Solutions, a successful IT

services and solutions business.

He is an expert in technical

enterprise systems and has extensive experience in

management and leadership

at large companies.

DAVID PEREL AdvisorDavid is the co-founder

of Obox and Layers, two

successful software

companies. He has a

wealth of business experience, a wide network

and understands how to

deal with pressure. He

currently races for Ferrari.

THANK YOU

KYLE REDELINGHUYS CEO and Founder [email protected]

KYLE HAUPTFLEISCH Chef Operating Officer [email protected]