Making Convenience Safe and Secure
Zwipe interim report – First Half 2021 26 August 2021 | André Løvestam, CEO AGENDA
1. Highlights from H1 2021 Interim Report
2. Quick introduction to Zwipe
3. Why will biometric payment cards reach annual volumes of hundreds of millions or even a billion globally by the end of this decade?
4. Why should banks embrace biometric payment cards as an opportunity for new profitable revenue?
5. Why is Zwipe the natural choice, having a superior end-to-end offering for banks?
2 Strong Customer & Partner Developments YTD 2021
3 The strong operational momentum continues in 2021
Customers (SCMs) Announced 6 new customers: card manufacturers with almost 200 million payment cards shipped annually
Extended partnership with TAG Systems, who delivers 100 million cards annually Partnerships Partnered up with large processors FSS, Network International and ICPS, and be ys Pay, as well as with Masterline and Sonali to ensure local presence in India and Bangladesh
The Zwipe Pay ONE project has passed most critical milestones and major risk points Technology Fully functional Zwipe Pay ONE demo cards and enrolment solutions presented and show-cased Global Tier 1 smartcard manufacturer is evaluating Zwipe Pay ONE platform
Zwipe Pay ONE pilots announced with Vopy and MEPS, with pipeline of pilots building Commercial BCC placed a commercial order of MNOK 16.8 ($1.9m) for Zwipe Pay ONE in August
Zwipe and partners conducted several insights studies from the Nordics, UK, US and Romania showing strong Consumer insights consumer interest for safer and more secure payments with high willingness to pay
Significantly strengthened our organization to meet the demand with new key positions, while also recruiting a regional Organization General manager for the MENA region. Established wholly owned subsidiaries in the UK and Germany to support the global mass-market deployment
Sustainability Significant effort to address environmental considerations when making Zwipe Pay ONE Cards and enrollment
26 August 2021 4 Strong financial development first half 2021
Revenues • MNOK 1.4 (MNOK 0.9)
• MNOK 28.0 (MNOK 32.4)
OpEx • Adjusted for 3rd instalment in joint development project with Idemia in Q2 2020 of MNOK 10.6, OpEx increased by MNOK 6.2 – in line with expectations
EBITDA and • EBITDA was MNOK -25.4 (MNOK -30.7), and earning per share NOK -0.89 (-1.25) earnings per share
• Cash flow from operations and investments, before financing and facilitation, improved to MNOK -31.2 (-39.6). Cash flow • Adjusted for one-off payments in first half 2020, negative operating cash flow increased by MNOK 0.6 to MNOK 5.2 per month
Bank deposits (cash) • MNOK 94.9 (MNOK 43.2)
• MNOK 98.2 (MNOK 49.9), equity ratio of 90% (74%), and Equity and shares Total outstanding shares increased by 29% to 32.9 million shares.
26 August 2021 5 The big picture: It’s all coming together
The market for biometric payment cards is happening now - with increasing traction from issuers
The long-term market potential of BPC is far greater than anticipated – from niche to mass market
Zwipe is successfully building the foundation for a leading position in a massive, global market, with excellent long term value creation potential:
✓ strong team ✓ strong technology ✓ strong operational progress across all functions ✓ strong market traction and engagement among all customer groups and regions ✓ strong pipeline and outlook ✓ strong and effective go-to-market strategy ✓ strong execution ✓ strong confidence and excitement in all of the above
26 August 2021 6 AGENDA
1. Highlights from H1 2021 Interim Report
2. Quick introduction to Zwipe
3. Why will biometric payment cards reach annual volumes of hundreds of millions or even a billion globally by the end of this decade?
4. Why should banks embrace biometric payment cards as an opportunity for new profitable revenue?
5. Why is Zwipe the natural choice, having a superior end-to-end offering for banks?
7 Zwipe is a biometric fintech company pioneering the next generation contactless payment experience
✓ HQ in Oslo, Norway, global team ✓ A long history of «world’s firsts» in the industry Fingerprint Sensor ✓ Global technology performance and cost leadership position with one stop shop offering ISO Contact Plate Module Passive Inlay ✓ Global, fast-growing partner network with biometric SE ✓ Listed on Nasdaq First North in Stockholm and Euronext Growth in Oslo
26 August 2021 8 AGENDA
1. Highlights from H1 2021 Interim Report
2. Quick introduction to Zwipe
3. Why will biometric payment cards reach annual volumes of hundreds of millions or even a billion globally by the end of this decade?
4. Why should banks embrace biometric payment cards as an opportunity for new profitable revenue?
5. Why is Zwipe the natural choice, having a superior end-to-end offering for banks?
9 BiometricNext Generation payment cards Contactless combine the Paymentsconvenience … of contactless withWorld’s the first security single silicon of biometric biometrics payment to card enable totally contact free payments
Power is harvested from standard infrastructure Extracts energy from standard terminal/card reader through energy harvesting (NFC) technology. No battery.
Live biometric authentication on card - Faster and more convenient with PIN, and more secure. - Biometric data are encrypted stored and processed only in the EMV certified secure element in the card
I am me No need for transaction limits on contactless payment
26.08.2021 10 Value Propositions for Consumers
CONVENIENCE PRIVACY SECURITY INNOVATION SAFETY Enabling fast contactless User’s biometric information is Only the authorized user can Brings novelty and coolness Allows the user to avoid payments every time encrypted and stored only in complete transactions factor to cardholders touching payment terminals (above or below the secure element in the card No PIN which can be stolen regardless of the amount transaction limits) and nowhere else Zwipe Insights evidence soaring demand Strong consumer willingness to pay
Zwipe has now surveyed almost 2000 cardholders in the US, Canada, UK, Norway, Sweden and Romania to capture their payment preferences and views on Biometric Payment Cards
8 out of 10 consumers want their next 70% of the cardholders want a completely 51% of the cardholders would consider payment card to be biometric touch-free checkout experience and 60% are switching to a new issuer who could offer a willing to pay for this experience biometric payment card
79%
I would be interested in a new payment method that offers a 70,3% completely touch-free experience 51%
49% No, I would prefer using my 29,7% current payment card 21%
YES NO YES NO
26 August 2021 12 Value Propositions for Issuers Differentiation - Revenue impact - Loyalty - Easy implementation
Differentiate and uplift Demonstrate Leadership payments portfolio in Pandemic
Easy implementation and Create revenue impact and global acceptance effective segmentation
Improved cardholder Drive loyalty, card usage and security customer acquisition
13 27.07.2021 A strong business case for issuers
A conservative estimation from higher card fees for a bank with 1 million cards converted to biometrics* # Card holders with biometric solution 1,000,000 Annual fee card holders are willing to pay $ 24/year (vs. $ 12-60/year in Nordic study) > Revenues per year from higher card fees = 1,000,000 x $ 24 = $ 24 million
Additional positive revenue effects ($m)** Additional revenues (not included here) will come from Fraud prevention 1.5 - Accelerated customer acquisition (almost Top of wallet effect 1.5 50% end users expected to connect with a new bank for biometric payment cards) Increased card transactions 0.4 = Total $ 3.4m per year in additional revenues for the issuers - Higher transaction volumes (due to improved user experience) Total additional revenues per year: $ 27.4 million Most importantly, BPCs represent an opportunity for banks to accelerate customer acquisition, uplift loyalty and create new revenue streams
* Based on Zwipe insights ** RedEye analysis and calculations in report as of 24 November 2020 14 AGENDA
1. Highlights from H1 2021 Interim Report
2. Quick introduction to Zwipe
3. Why will biometric payment cards reach annual volumes of hundreds of millions or even a billion globally by the end of this decade?
4. Why should banks embrace biometric payment cards as an opportunity for new profitable revenue?
5. Why is Zwipe the natural choice, having a superior end-to-end offering for the players in the payment value chain?
15 Mass-market price inflection point in sight with Zwipe poised for cost and technology leadership with single silicon solution
• Replaces the Secure Element, Microcontroller and >30 components with a single chip 2017 - 2021 2020 - ? 2021 onwards • Offers best in class biometric performance and energy efficiency • Enables radical cost reduction, highly competitive production costs and mass volume market take-off • Zwipe retains worldwide exclusive distribution rights for the lifetime of the product to all manufacturers of payment cards, wearables and other payment solutions (except IDEMIA), and also to their suppliers
Zwipe’s strategic partnership with IDEMIA is on Multi-die System in track to deliver this radical unit cost reduction. Discrete Components Single Silicon Package (SiP) Most major risk points are already passed, with • High bill of material remaining hurdles before commercialization • High production costs and mass volumes being pilots and (due to cold lamination process) certification. • Expensive yield loss
Industry Progression: Component Integration with radical complexity-down, size-down, cost down Zwipe Pay ONE Key Features for Issuers and Users
The Zwipe Pay ONE single silicon platform represents the highest level of component integration, offering a cutting-edge and future-proof design with fundamental benefits:
1st gen Zwipe Pay Technology ONE
Longer read range at POS: Much better user experience Competitive Unit Cost: Simplified and improved manufacturing process Excellent fingerprint performance: Large sensor offering greater user accuracy
Latest Biometric Technology: Zwipe Pay ONE brings all the latest technology into ONE card
Mobile App enrollment being developed: Zwipe already has a functioning Beta version. 26.08.2021 Confidential Zwipe Pay ONE – a modular, turn-key solution
Zwipe Pay ONE Basic Package 1 2
1. ISO Contact Plate Module 5 6 2. Biometric Java Card OS Fingerprint Sensor 3. Inlay & Card reference designs 3 Idex IDX3405 for 4. Integration Support post-placement
7 Optional Packages
5. Biometric-aware payment applet: 8 VISA VBSS | Mastercard M/Chip Advance | Local Schemes 6. Fingerprint Sensor 7. Prelaminate sheets Prelaminate sheets 8. Enrolment solutions made to customer specification
26.08.2021 18 Zwipe's role is to enable, raise awareness, and interact with all stakeholders
19 Zwipe Pay ONE Cards address Environmental Considerations
Card Body Enrollment Solutions
• Zwipe is committed to bringing a recycled PVC card • Enrollment sleeve is WEEE* compliant and can be disposed of to certification within 2022. safely by separating the plastic, PCB and battery.
• Battery-less inlay ensures no adverse environmental • The sleeve is also reusable for multiple users, re-use impact. programs can be implemented by banks.
• Mobile/app-based enrollment (under development) would make customer boarding fully digital, meaning radical reduction in waste, complexity, and cost.
Fingerprint Sensor
ISO Contact Plate Module Passive Inlay with biometric SE
*) WEEE: Waste from Electrical and Electronic Equipment What makes Zwipe stand out from the crowd?
Zwipe’s competitive position is The first-of-its-kind solution built on the combination of our: Zwipe Pay ONE will offer card manufacturing customers a solution with
• Technology cost and performance leadership superior energy efficiency and biometric performance at highly competitive cost
• One-stop-shop offering with complete turn-key levels solution
• Aggregator role → better prices Completely end-to-end We also offer professional services to • Value-adding trusted advisor banks and issuers on biometric payments, consumer insights, marketing, • Full focus and dedication to biometric payments presentation and pilot execution services
• Passion, agility, innovation and collaboration
• Innovative approach
26 August 2021 21 Fast-growing global and growing cards supplier network… as of Nov 2020
Selected by Giesecke + Devrient to November develop biometric wearable Long standing collaboration with Thales 2020 (Gemalto), world’s largest card manufacturer Partnering with TietoEvry to accelerate commercialization of Zwipe Pay ONE Partnering with Idemia to offer disruptive biometric payments card platform
Partnering with Publicenter to offer biometric payment solutions Partnership with TAG Systems, to unlock the fast-mover approach of European-based Challenger Banks Partnerships with Goldpac, XH Smart Technology, Silone Cardtech, Toppan Forms Card Technologies, Asia Credit Card and Watchdata solidifying ability to service issuers in Long standing collaboration with APAC region CPI Card Group, largest Partnership with Inkript, to strengthen domestic card manufacturer in position in the Middle East, Africa and the United States Central Asia Partnership with AllCard Inc. to address opportunities in the Philippines Partnership with Masria Digital Payments, to strengthen position in the Middle East, Africa Partnership with dz card, strengthening capacity to support issuers in Southeast Asia
Partnership with Thomas Greg & Sons do Brasil, to enable Latin American marketplace
26 August 2021 22 Fast-growing global and growing cards supplier network…as of Aug 2021 24 collaborations with SCMs have been announced (of which 3 are currently anonymous). In addition, Zwipe has partnered with multiple processors and perso-bureaus globally.
Long standing collaboration with Thales August Selected by Giesecke + Devrient to develop biometric wearable 2021 Chosen by TAG Nitecrest to bring Partnering with TietoEvry to accelerate Zwipe Pay ONE to UK Issuers commercialization of Zwipe Pay ONE Partnering with Idemia to offer disruptive biometric payments card platform Partnering with be ys Pay to bring Zwipe Pay One to France and the Benelux Parntering with Beautiful Card Selected by Publicenter to offer Corporation in Taiwan for production of BPCs Selected by TAG Systems to biometric payment solutions unlock the potential from European Challenger Banks Goldpac, XH Smart Tech., Silone Cardtech, Toppan Forms Long standing collaboration Partnership with Network Card Tech., Asia Credit Card with CPI Card Group, largest International and MEPS to and Watchdata in APAC region domestic card manufacturer address growing demand in in the United States Levant and MENA region Partnership with areeba and Inkript to address demands in the Middle East, Africa and Partnership with AllCard Inc. Central Asia to address opportunities in the Philippines Partnership with Masria Digital Payments, for the Middle East, Africa Partnership with dz card, Partnership with VeriTech strengthening capacity to to deliver next generation support issuers in Partnership with Thomas Greg contactless payments in Southeast Asia & Sons do Brasil, to enable Kuwait Latin American marketplace Partnership with Silkways Cards & Printing adds to delivery capability in Bangladesh Partnership with ICPS to bring Zwipe Pay ONE to banks across Africa and Asia Partnership with KL HI TECH Partnership with FSS to bring adds to delivery capability in Zwipe Pay ONE to issuers globally 26 August 2021 India and MEA Regions Strong testimonials from our customers and partners
26 August 2021 24 Lean and scalable business model ready for growth Here are our key medium term financial aspirations:
Revenues Annualised revenues of NOK 1 billion
External predictions of global sales of Biometric Payment Cards vary. Leading analyst firms UBS and Goode Intelligence Volume are projecting 15 % and 20 % penetration by 2026 respectively.
ASP Targeting $3-4 ASP for Zwipe deliverables per biometric payment card or wearable.
We target healthy gross margins. Gross Margin Our main competition is in the semiconductor industry, traditionally enjoying margins in the 40 % range.
EBITDA margin Zwipe has a very scalable business model, targeting an EBITDA margin of 20%, rising with volumes.
Break Even Volume Cash flow break even expected at 6m units (annual volume).
Current Financial Monthly spending and cash flow is according to plan and previous announcements. status
26 August 2021 25 HIGHLIGHTS: Last ~ 12 months’ rolling news flow – 1 of 4
Announced partnership Announced partnership Announced partnership Announced Announced partnership Announced order of Launched Swedish with Wisecard with with TietoEVRY to partnership with with Inkript to launch 300,000 sensors from market study with deliver biometric areeba to bring Zwipe Pay ONE in the IDEX Biometrics to TietoEVRY showing Technology, a leading Cardmatix on mass- payments to banks in nxtgen biometric Middle East, with support the rollout of large interest in supplier of EMV production of Zwipe Pay the Nordic and Baltic contactless Inkript placing an order Zwipe Pay ONE to a biometric cards in personalization and ONE. Cardmatrix is a regions payments to banks in to Zwipe commencing growing list of smart respons to Covid-19 payment solutions to leading player the Middle East & small scale card manufacturers in-store payment support the co- in industrial Africa manufacturing of and issuers in Europe, concerns biometric payment the Middle East, the development of card manufacturing and cards Americas and Asia personalization testing equipment offerings for Zwipe Pay specifically for mass family of products and production of solutions payment cards
August 20, 2020 September 14, 2020 October 8, 2020 October 14, 2020 October 15, 2020 October 19, 2020 November 17, 2020
26 August 2021 26 HIGHLIGHTS: Last ~ 12 months’ rolling news flow – 2 of 4
Announced partnership Announced four new Tag Systems steps up After evaluating Zwipe Pay ONE in first Zwipe and Idemia Announced partnership with Vopy which aims partnerships with collaboration, placed a available alternatives announced that the next biometric payment with Veritech to to launch a pilot in Q3 prominent card small order and will KL HI-TECH selected generation biometric card pilot in the provide key card secure chip they 2021. Vopy aims for manufacturers in proactively promote Zwipe Pay ONE as their Nordics, with OP components for the are co-investing in, an initial rollout from Asia-Pacific and Zwipe Pay ONE preferred biometric card Financial Group, Zwipe Pay ONE has obtained the ICCN Q4 2021, starting with Europe which have towards issuers and platform. India’s TietoEVRY and Tag biometric payments security certificate 100.000 biometric chosen the Zwipe Pay partner bureaus in second largest SCM Systems platform and take lead from EMVCo, as payment cards by the ONE platform for Europe and the USA aim to manufacture planned. Zwipe has end of this year and delivering biometric to sell and market Zwipe Pay ONE test on providing advisory worldwide exclusive 500.000 cards in 2022 payment cards to the next generation cards from Q2 2021, services directly to rights to this issuers, targeting pilots payment cards pilot ZPO from Q3 and banks and card disruptive single-chip before the end of 2021 have first full market issuers in close biometric technology launches end of 2021 collaboration with VeriTech.
November 23, 2020 December 3, 2020 December 23, 2020 February 3, 2021 February 10, 2021 March 2, 2021 April 6, 2021
26 August 2021 27 HIGHLIGHTS: Last ~ 12 months’ rolling news flow – 3 of 4
Beautiful Card Middle East Payment Silkways Card & Zwipe establishes local French payment Appointing Ramzi The FSS partnership Corporation has Services (MEPS) will Printing Ltd (Silkcard) representation in solutions provider be Saboury as GM for the will help the completed rigorous bring next generation selects Zwipe to deliver Bangladesh appointing ys Pay selects Zwipe MENA Region and deployment of ZPO tests of Zwipe Pay contactless payment Zwipe Pay ONE Sonali Intellect Pay One for their BPC Masterline as a Biometric Cards ONE with very good cards in the MENA powered biometric Limited as sales and in France and Benelux, globally. FSS is one of results. They will scale region by combining payment cards in strategic business Strategic Business engaging with issuers the world’s up production with the MEPS’s Issuance Bangladesh. Silkcard development partner from Q2 2021 with the Partner in India to largest within cards aim of delivering pilots Platform with our Zwipe will manufacture and to help banks, card ambition to deliver strengthens and payments services and commercial Pay ONE biometric card personalize biometric personalization bureaus pilots from H2 2021 engagements to banks managing a deliveries before the platform. MEPS are card payments for and processors to towards banks, portfolio >800 million end of 2021. aiming to make BPCs issuer clients while support Zwipe Pay ONE cards. FSS and Zwipe available for piloting Zwipe will help the cards with the ambition bureaus and and commercial banks through all to deliver pilots later this will work to initiate manufacturers in deployment during H2 stages of pilot, launch year pilots and early 2021 and mass market rollout those two key commercial deliveries regions from later in 2021.
April 7, 2021 April 12, 2021 May 10, 2021 May 11, 2021 June 3, 2021 June 16, 2021 June 18, 2021
26 August 2021 28 28 HIGHLIGHTS: Last ~ 12 months’ rolling news flow – 4 of 4
Network International ICPS, a leading A Global Tier 1 Zwipe receives USD Middle East Payment (NI) selects Zwipe to international card smartcard 1.9 million commercial Services (MEPS) order from Beautiful and Zwipe will launch a deliver biometric payment processor and manufacturer are Card Corporation. The pilot of Biometric payment cards to card personalization evaluating Zwipe Pay order covers the supply Payment Cards based banks in the Levant bureau will bring Zwipe ONE components of modules, sensors on the Zwipe Pay ONE We now have a region. Zwipe will Pay ONE enabled for inhouse and inlays, enabling platform to top-level provide support and biometric payment manufacturing of BCC to be one of the executives and key stronger first manufacturers to decision makers at up cards will be delivered cards to banks across biometric payment bring significant to 20 banks and pipeline by a 3rd party SCM, thus Africa and Asia. Zwipe cards. Zwipe Pay ONE volumes of this next issuers than ever NI can focus on will provide Biometric is designed to be mass generation of biometric in the Levant region. delivering Zwipe Pay ISO contact plate market ready, payment cards to The pilot will be conclu- ONE powered cards to module, Passive inlay, delivering improvement market. ded in Q4 2021 with Zwipe Pay ONE Cards issuers Fingerprint sensor, OS in both the consumer delivered from Inkript. license and enrollment experience and the sleeves. commercial benefits
June 24, 2021 July 16, 2021 July 23, 2021 Aug 3, 2021 Aug 16, 2021
26 August 2021 29 Final milestone: certification
Zwipe does not seek payment scheme certification for the finished card product, our SCM customers do.
Certain critical certifications have already been obtained, e.g. EMVCo security certification of the secure element (ICCN) which was secured in December 2020.
To simplify the certification process for our customers, Zwipe plans to secure a component level certification from schemes which our customers can reference, simplifying their process. As part of this process, Zwipe will have already performed 90% of the required testing which greatly reduces the test scope for our customers.
To thoroughly validate the performance and robustness of our design before certification process starts, Zwipe is undergoing a program of pre-testing, called “debug testing”.
Debug testing is typically performed for the most critical items, such as interoperability with multiple brands and generations of payment terminals. We have already performed such pre-tests at accredited test labs with excellent results.
26 August 2021 30 Final take-away: The big picture: It’s all coming together
The market for biometric payment cards is happening now - with increasing traction from issuers
The long-term market potential of BPC is far greater than anticipated – from niche to mass market
Zwipe is successfully building the foundation for a leading position in a massive, global market, with excellent long term value creation potential:
✓ strong team ✓ strong technology ✓ strong operational progress across all functions ✓ strong market traction and engagement among all customer groups and regions ✓ strong pipeline and outlook ✓ strong and effective go-to-market strategy ✓ strong execution ✓ strong confidence and excitement in all of the above
26 August 2021 31
This is Zwipe
1 Addressing a 4-billion-unit market characterized by growth from innovation
2 Mass-market price inflection point in sight, with Zwipe positioned for technology and cost leadership with disruptive technology and strong IP portfolio
3 Unique one-stop-shop offering, with end-to-end systems integrator approach and trusted advisor role
4 Fast-growing customer and partner base with global coverage
5 Soaring demand due to COVID-19, strong consumer willingness to pay
6 Lean and scalable business model ready for growth
7 Strong company culture, management and board
26 August 2021 33 Dedicated Management Team with a deep understanding of ecosystem, industry, technology, and company
André Løvestam Lars Kristian Solheim Dr. Robert Mueller John Goodale Eric Mercer Bishwajit Choudhary CEO CFO CTO CCO COO EVP Financial Inst. & Alliances
25 years of C-level Extensive experience Over 20 years’ 19 years in senior sales Over 20 years at large Over 20 years payments experience, incl. CEO of working at top experience in senior and business and small technology industry experience, Orkla snacks (KiMs), management positions at technical development development roles at development companies having previously worked Tomra Europe, EY and more recently at positions focusing on TSYS including 10 years with as Group SVP Strategy Telecomputing, the C-level, incl. CFO of biometrics and smart card Intel Corporation at NETS as well most 15 years in professional Umoe IKT, Eneas and NetCom/TeliaSonera technology at leading recently CCO at services at i.a. KPMG and Leadership experience in Kjedehuset companies such as Usertribe Solid track record in the Siemens, DMR Consulting Program Management, Proven track record of areas of M&A, financial Operations, Supply Strong track record of Giesecke+Devrient and Recognized for thought commercial success governance and Chain, and Finance leading new business BMW. His most recent leadership across many from a variety of business planning initiatives, customer role was serving as Chief payment concepts in industries and markets advisory, strategic Technology Officer at multiple European alliances and fintech Next Biometrics. markets and strong partnerships understanding of the global financial market
26 August 2021 34 Highly Experienced Board of Directors with diverse, deep industry knowledge and complementary skills
Jörgen Lantto Dennis Jones Tanya Juul Kjær Diderik Schonheyder Stina Granberg Johan Biehl Chairman of the Board
Former CEO of Fingerprint Recently retired as the Head of Payments at Tink A recognized authority on COO at Bambora and Private investor Cards COO of TSYS Issuer payment products, and Head of Customer Chairman of Nitro Games Solutions with extensive services Services Regional 20+ year experience from A seasoned payment Board member and experience in the fintech, Businesses at Worldline various positions in expert with various senior More than 35 years’ Investment manager at payments and Ericsson Group roles within H&M Group, experience as an 20+ years experience Feat Invest AB since processing sectors Klarna and iZettle executive, advisor and from the Fintech, Fast- 2016 Moving Consumer Goods Board member of Dirac investor in the information Extensive experience Research AB, Tobii AB and Former Chairman of technology and telco. and Retail Industries Board Member of Yabie with financial markets Wirepas Oy Paysafe (a UK based Industry in Sweden global payments Previously served in Advisory board of a handful company), Former global roles at Visa of companies in the US, Chairman of MasterCard International and UK and Scandinavia UK, Various executive MasterCard roles within RBS and NatWest
26 August 2021 35