VeryPay investment deck updated v3.0 MK comments

1.

Accelerating Growth
For Mobile Money
Payments in Africa
Trusted by:
Investor Deck Draft Q4 2025

2.

VeryPay makes transactions
Contactless, Cashless, and
Convenient
VeryPay is a closed-loop mobile payment solution designed to
digitize daily spending through contactless payments
Our platform offers a seamless, cashless experience for both
consumers and businesses by utilizing VeryPay NFC cards,
bracelets, mobile apps and QR codes. These tools integrate with
existing Mobile Money programs, enhancing convenience and
security in every transaction
www.verypay.ch
@copyright VERYPAY 2024
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3.

What you’ll hear in the next 25 minutes:
How are we different?
VeryPay solves what others can’t: we activate existing wallets at scale.
While competitors focus on the creation of new payment methods, we drive actual usage through schools
and government programs;
Usage and transparency; something that MNOs and governments desperately need.
A Massive market opportunity:
Proven traction with strategic backing:
900M financially excluded Africans are still
fully reliant on cash
About 85M social cash transfer beneficiaries
across Africa are paid in cash
Over 20M students across Uganda,
Senegal, and Côte d'Ivoire alone are
financially excluded
There are more than 30M dormant mobile
money wallets ready for activation
www.verypay.ch
Deployed in schools of Senegal with Orange
Money
450,000 social aid beneficiaries are targeted
in Zambia by Q4 2027
British International Investment (BII) grant
secured
Implementing VeryPay makes up to 60%
dormant wallets active
@copyright VERYPAY 2024
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4.

The Challenge:
Financial Exclusion in Africa
Financial exclusion in Africa leaves nearly 900 million people reliant on cash,
leading to insecure, inefficient transactions and limited access to digital
financial services. This hampers economic participation, slows service
delivery, and perpetuates broader development challenges.
Lack of financial accountability
Inefficient, time-consuming transactions
Physical loss and theft
Risk of Criminal Exploitation
Logistical Challenges and Loss of Life
Digital divide

5.

How VeryPay Solves Financial Inclusion – Option 1
To bridge the financial inclusion gap across Africa, we’ve developed two tailored solutions: one for the education sector and another
for social aid programs
Digital Social Aid
This product addresses school payment challenges by enabling
seamless digital transactions, ensuring faster, more efficient access to
funds and simplifying the payment process.
Mobile Money solution
One wallet – multiple users
NFC Cards & Bracelets for One-Tap
Payments
School merchant integrations
This product addresses social aid payment challenges by enabling offline
merchant transaction acceptance, providing comprehensive merchant
support, and ensuring data integrity and security through advanced
encryption protocols.
One Wallet – multiple users
NFC Cards for One-Tap Payments
Offline Payment Acceptance
PoS Device Agnostic

6.

How VeryPay Solves Financial Inclusion – Option 2
To bridge the financial inclusion gap across Africa, we’ve developed two tailored solutions: one for the education sector and another
for social aid programs
Cashless schools
The Problems:
❌ No visibility or control over spending
✅ Eliminates cash-in-hand risk- NFC cards/bracelets
replace physical money
✅ Instant, contactless payments- No queues, no delays
✅ Full transaction visibility- Parents track every
purchase in real time
✅ One wallet, multiple users- No need for multiple
phones
❌ Risk of interception by criminals
Digital Social Aid
❌ Physical theft & loss of cash
❌ Hours wasted in queues
Mobile Money solution
❌ Logistical Barriers in remote areas
One wallet – multiple users
✅ Secure, traceable disbursements- End fraud and
interception
✅ Offline payment acceptance- works even in remote,
low-connectivity areas
✅ Real time auditability- Governments and donors see
exactly where funds go
✅ Device agnostic- integrates with existing infrastructure,
no costly replacements

7.

Wallets Exist. But Nobody’s Using them:
- Our Customers Problems
MNO’s:
Government’s & Aid Agencies
❌ Millions of dormant wallets
❌ 5-10% Leakage and Fraud
❌ High Churn. Low transaction volumes
❌ No Visibility. No accountability
❌ Revenue Bleeding
❌ Donors demanding proof
“The infrastructure exists. The use cases don’t.”

8.

VeryPay: The missing link
Impact for MNOs:
Impact for Government’s & Aid Agencies
✅ Up to 60% dormant wallets activation
✅ Decrease leakage of funds
✅ Grow recurring institutional transactions
✅ Real-time auditability of allocated funds
✅ Lower acquisition cost
✅ Admin cost reduction by 20-30%
“We don’t make wallets. We make them indispensable.”

9.

How VeryPay Works: Simple for Users. Powerful for Institutions
MNOs
User Experience:
One Wallet. Multiple users
One tap. Instant payment.
Online or offline. Always works.
Institutional value:
Real-time transaction monitoring
Complete data visibility
Instant settlement to merchants
Benefits To MNOs
Access Data Records
Enhanced Security
”Built on mobile money. Enhanced by VeryPay”
Increase in eWallet Usage

10.

The Closed-Loop Advantage:
Control. Visibility. Scale.
Closed Loop power:
We control the entire transaction
Lower fees. Faster settlement
Complete data ownership
Open-Loop compatability:
Integrates with existing terminals
Coexists with Visa & Mastercard
No hardware replacement needed
The result:
Strategic control & Market reach
Reduced costs & flexible acceptance
Institutional insights & Merchant scale
“Purpose-built for closed loop efficiency. Designed for open-loop compatibility”

11.

Case Study: Orange Money x VeryPay- Powering Financial
inclusion in Senegal
The problem:
Orange money facing
declining market sharelosing ground to Wave
money in Senegal
Limited agent and
payment infrastructure,
especially for schools
and salary
disbursements
Needed rapid, scalable
user acquisition and
engagement solutions
Why they chose VeryPay:
Proven, flexible proposition
targeting unbanked segments
Seamless card & digital wallet
solution adaptable for education,
retail and payroll sectors
Faster go-to-market and lower
integration costs than competing
fintech's
Track record of innovation,
flexibility and ability to generate
new transaction volume
Impact:
Deployed in schools
with significant adoption
and transaction growth
Expansion approved for
universities, retail and
salary payments in 2026
Strengthened Orange
money’s competitive
position against Wave
Driving financial
inclusion for teachers,
students and salary
earners across Senegal
and beyond

12.

Case study 2. Digital Social Aid:
- 450 Thousand Users In Zambia
Projected
Cumulative user
numbers
2026
2027
62,000
242,000
2028 Project Life
422,000
726,000
With a strong government partnership,
VeryPay is well-positioned to benefit from
accelerated user growth
Objective: Digitize 450,000 Social-Aid Beneficiaries by Q4 2027

13.

Market opportunity: 20 Million students. 30 Million Wallets. Untapped.
Market Drivers:
Mobile money wallets outnumbers
bank accounts
Governments demanding
transparency
Schools need recurring payment
systems
VeryPay expands into bill payments fastest
growing digital payments segment
TAM:
Uganda:
10-12M students across primary and secondary
30M mobile money accounts
Senegal:
4-5M students
Strong wallet penetration
Cote D’ivoire:
5-6M school payers
VeryPay’s annual ARPU is $10
Medium-term potential: 40+ million students across our
target markets already connected to mobile money
infrastructure

14.

Market Opportunity- Social Aid & Cash Transfers
100 million beneficiaries, $10Bn+ in Annual transfers
70-100M+ beneficiaries across Africa
Governments & Donors demanding digitization and auditability
Shift from cash-out to controlled digital spend
National programs= instant scale
VeryPay is completing a pilot across Zambia, for which we recently received the backing from BII.
450,000+ beneficiaries are planned to be serviced by VeryPay by Q4 2027
VeryPay reduces the cost of delivery by 30% and generates enormous cost savings for the government
institution using our solution to digitize cash disbursements.
These programs represent scalable and profitable means for organic growth

15.

Projected Growth Across Markets
Over the next 3 - 5 years, VeryPay is poised for strategic and accelerated growth across key markets.
Add financial impact (revenue approx.)
Côte d'Ivoire
Nigeria
50,000
50,000
Students Transacting
Students Transacting
125
125
Merchants onboarded
100
Schools
Merchants onboarded
50
Schools
Senegal
90,000
Students transacting
190
Merchants onboarded
150
Schools
Uganda
Zambia
310,000
450,000
Students transacting
1,125
Merchants onboarded
376
Schools
Digitised Beneficiaries
1000+
Merchants / Agents
Onboarded

16.

Our Scaling Projections
Our scaling projection is based on our planned country expansions, ongoing partnership
discussions, and projected user growth.
6 Months
12 Months
24 Months
Activate 3 Markets: Accelerate the scale of
Cashless Schools in Uganda, extend regional
access to Cashless Schools across Senegal and
Côte d’Ivoire, and scale Social Aid Payments
delivery in Zambia
Expand into Nigeria Pilot Cashless schools and
Social Payments in Nigeria
Scale in 5 Markets: We will shift from
pilots to scaling full commercial projects
across our 5 markets.
New Partnerships: Sign new strategic
partnerships with Sakkonet Technologies and
Aurora; to launch new use cases in retail,
healthcare and betting sectors across multiple
markets.
Expand Partnerships Expand contractual
partnerships with players in Healthcare,
Large Retail Chains and more to expand
VeryPay’s proposition.
New Partnerships Close deals with strategic MNOs
- Orange Money in Senegal, Ivory Coast and
Airtel in Uganda.
100k Active Users Onboarded: Across these
markets and between our two products, we will
have 100k+ users in six months.
200k Active Users Onboarded: Across these
markets, we will have 200k+ users in 12 months.
500k Active Users Onboarded: Across
these markets and between our two
products, we will have 500k+ users in 24
months.

17.

Lead Generation & Funnel Overview
Stage
Scale
ETA
ClinicMaster
To be signed in Q1
250,000 users
Q1 2026
Magezi
To be signed in Q1
300,000 users
Q1 2026
To be signed in Q1
500,000 users
Q1 2026
Contract under discussion
XXX
Q2 2026
Early
XXX
Q3 2026
Early
XXX
Q3 2026
Uganda
Benin
MTN Benin
Senegal
SavePay/Lonase
Cote D’ivoire
Petrol Ivoire Transit
Project
Morocco
Maroc Telecom

18.

The VeryPay Leadership Team
Andrey Tikhonov
Joseph Yendork
CEO, VeryPay
Sales Director Africa
Business Development Director,
Francophone Africa
Director of International Partnerships
Adim Isiakpona
Maria Koshkina
Chuong Huynh
Mukupa J. Katema
Head of Marketing
Technical Product Manager.
Head of Product
Country Lead, Zambia
Marietou Sylla
David Drever

19.

VeryPay Board of Directors
Philippe Vogeleer
MIKHAIL KRASNOV
PETR KRASNOV
Chairman of the Board of Directors, NED
Co-founder and VERYPAY Board Member
Co-founder and VERYPAY Board Member
Philippe was head of Global Head of
Business
Development
for
the
Vodafone
Group.
He
delivered
investment partnerships with Large
corporations
and
international
organizations such as The World Bank
Group.
Mikhail is an accomplished leader
with a proven track record of almost
35 years in the IT industry. Mikhail
Krasnov is a PhD in economics and
co-founder of Verysell Group.
Petr Krasnov, a Cornell University
graduate and co-founder of Verysell
Group, brings 14 years of legal and
financial experience. He has been on
both sides of multiple M&A deals.

20.

Why us / Why now
Why now?:
✅ 900M people & $10bn in aid flows is still cash dependent;
this is a massive, urgent problem
✅ Infrastructure exists but is underutilized- 30M+ dormant
wallets waiting for use cases
✅ Donors mandating digitization- governments must prove
impact or lose funding
✅ Post- COVID acceleration; social protection now core public
infrastructure
WHY US?:
✅ We activate, not create; plug into existing wallets with
mandatory, recurring transactions
✅ Institutional anchors; schools & governments guarantee
adoption (40-60% activation rates)
✅Built for Africa; offline-capable, device agnostic, integrates
with current infrastructure
✅ Validated & deploying; BII-backed, live in 4 countries, 1M+
users in pipeline
✅ Replicable model
Retail
Merchants;
SMEs & Large Chains,
Sports Betting
Education
Cashless Schools
MNOs
Social Aid Payments
Direct financial payments to
low-income individuals,
Healthcare

21.

Other Asks: Beyond Funding
To effectively deploy and scale the use of VeryPay solutions across Africa,
we request help and participation from investors in the following areas:
Regulatory Enablement
Navigating complex legal
and regulatory environments
across target geographies.
Stakeholder Engagement
Facilitating local government
engagement with ministries
and aid agencies.
Telecom Partnerships
Facilitating local
engagement with Mobile
Network Operators
Programme Evaluation
Structuring impact assessment
metrics for disbursement
programmes.
Impact Evaluation
Monitoring and evaluation
frameworks to assess
programme impact.
Opportunity Mapping
Identifying additional
programmes across countries
where VeryPay can add value.

22.

DISCLAIMER AND CAUTIONARY STATEMENT
May, 2025
Certain statements in this document are forward-looking statements, including, but not limited to, statements that are predictions of
or indicate future events, trends, plans, or objectives of Verysell Technologies S.A., its subsidiaries or affiliates (collectively referred to
herein as the "Group"). Forward-looking statements include statements regarding the Group’s targeted profit, return on equity targets,
expenses, pricing conditions, and statements regarding the Group’s understanding of general economic, financial, and market
conditions and expected developments. Undue reliance should not be placed on such statements because, by their nature, they are
subject to known and unknown risks and uncertainties and can be affected by other factors that could cause actual results and plans
and objectives of the Group to differ materially from those expressed or implied in the forward-looking statements (or from past
results). Factors such as (i) general economic conditions and competitive factors, particularly in key markets; (ii) the risk of a global
economic downturn, in the financial services industries in particular; (iii) performance of financial markets; (iv) levels of interest rates
and currency exchange rates; (v) changes in laws and regulations may have a direct bearing on the results of operations the Group and
on whether the targets will be achieved. The Group undertakes no obligation to update or revise any of these forward-looking
statements, whether to reflect new information, future events, circumstances, or otherwise. It should be noted that past performance
is not a guide to future performance. Please also note that interim results do not necessarily indicate full-year results. Persons
requiring advice should consult an independent adviser.
This communication does not constitute an offer or invitation to sell or purchase securities in any jurisdiction.