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CEO Monthly Fintech Market Analysis CEO Monthly FinTech Market Analysis October 2016 The Only Investment Bank Focused Exclusively on Financial Technology FT Partners Awarded “Boutique Investment Bank of the Year” “Deal of the Decade” Financial Technology Partners Steve McLaughlin 555 Mission St., 23rd Floor Managing Partner San Francisco, CA 94105 www.ftpartners.com Tel: 415.992.8880 Tel: 415.512.8700 [email protected] Highly Confidential and proprietary information. Unauthorized distribution without prior consent from Financial Technology Partners LP or FTP Securities LLC (together “FT Partners”) is strictly prohibited. This communication should not be regarded as an offer to sell or as a solicitation of an offer to buy any financial product or service, nor is it an official confirmation of any transaction, or representative of an official position or statement of Financial Technology Partners LP, FTP Securities LLC or any other related entity. FTP Securities LLC is a FINRA registered broker-dealer. © 2016 Insurance Technology and Services Market Analysis FT Partners’ Research – InsurTech Industry Report Prepare for the InsurTech Wave: Overview FT Partners' 248-page report provides an in-depth look at the major waves of innovation and disruption that are beginning to of Key Insurance Technology Trends radically alter the insurance industry. Additional highlights of the report include: • An analysis of specific trends across: Insurance Distribution, Sales, Marketing and Engagement, Data and Analytics and Insurance Administration • The responses of incumbents to date including the innovations, investments, partnerships and acquisitions being made to stay ahead of the game • Proprietary InsurTech financing and M&A statistics and a comprehensive list of transactions in the space • A detailed industry landscape of InsurTech providers as well as other innovative, tangential companies and profiles of 54 companies operating in the InsurTech ecosystem Please visit our website for more proprietary FinTech Research & Follow FT Partners on Twitter and LinkedIn for real time updates on our Research Publications FT Partners regularly publishes research highlighting the most important transactions, trends and insights impacting the global Financial Technology landscape. Our unique insight into FinTech is a direct result of executing hundreds of transactions in the sector combined with over 13 years of exclusive focus on Financial Technology. 2 FT Partners’ Monthly FinTech Sector Market Analysis Reports Comprehensive Multi-Sector Focused Market Analysis Reports FT Partners provides the broadest and most specialized coverage of FinTech with our comprehensive monthly sector- specific reports. Our depth of research and insight is unmatched in the industry and these reports are widely recognized and reviewed by top CEO’s and investors in the market. Please review them below or visit our site to subscribe directly. Payments / Cards, Bank Technology / Alternative Securities / Capital Loyalty and Processing, Credit Lending Markets Technology eCommerce Solutions Platforms and PFM Card-Based Payments • Money Enterprise Banking Tech • Core Online / Non-bank Lending • Digital Wealth Management • Transfer • Merchant Services • Processors • Online / Mobile Pawn / Asset Banked Lending • Trading Technology • Back-Middle POS • Gateways • eCommerce • Banking • Real Estate / Leasing • Mortgage Originators Office Technology • Brokers and E- E-Rewards / Loyalty Mortgage Tech • Credit Scoring • Loan Servicing • Other Brokerages • Big Data Analytics & • Lenders / Capital Providers Specialty Lending Data Management Financial Healthcare Insurance Technology Financial Management Financial BPO / IT Information Technology and Services Solutions Services and Services Claims Management • Billing & Benefits Administration • Health Enterprise Resource Management Accounting • Finance • Staffing • Payment • Policy Administration • Insurance Sales & Distribution • • Accounting & Budgeting • HR / Document Management • Broker Agency Management • CRM Revenue Cycle Management & Payroll • B2B & B2C Invoicing • Collections • Call Center & Marketing, Software • Data / Billing • Payer Payment Integrity • Receivables Management • Risk Management Software Analytics • Online Distribution / Financial Data & Analytics Management Platforms Click any of the above to view the FinTech Sector Market Analysis 3 FT Partners’ FinTech Market Expertise Proven Track Record of Success Across FinTech Financial Technology Partners LP Financial Technology Partners LP Financial Technology Partners LP Financial Technology Partners LP Financial Technology Partners LP Financial Technology Partners LP FTP Securities LLC FTP Securities LLC FTP Securities LLC FTP Securities LLC FTP Securities LLC FTP Securities LLC is pleased to announce its exclusive role as is pleased to announce its role as is pleased to announce its role as is pleased to announce its exclusive role as is pleased to announce its exclusive role as is pleased to announce its exclusive role as strategic and financial advisor to sole strategic and financial advisor to sole strategic and financial advisor to strategic and financial advisor to sole strategic and financial advisor to sole strategic and financial advisor to in its sale to in its cash sale to in its approximately 60% majority sale to in its recapitalization by in its in its $138,000,000 Initial Public Offering Initial Public Offering for total consideration of valued at approximately for total consideration of approximately for aggregate consideration of approx. valuing the equity at approximately $ 4,500,000,000 valuing the equity at approximately $1,650,000,000 $ 900,000,000 $ 1,300,000,000 $ 1,200,000,000 A$480,000,000 The Only Investment Bank The Only Investment Bank The Only Investment Bank The Only Investment Bank The Only Investment Bank Focused Exclusively on Financial Technology The Only Investment Bank Focused Exclusively on Financial Technology Focused Exclusively on Financial Technology Focused Exclusively on Financial Technology Focused Exclusively on Financial Technology Focused Exclusively on Financial Technology Financial Technology Partners LP Financial Technology Partners LP Financial Technology Partners LP Financial Technology Partners LP Financial Technology Partners LP Financial Technology Partners LP FTP Securities LLC FTP Securities LLC FTP Securities LLC FTP Securities LLC FTP Securities LLC FTP Securities LLC is pleased to announce its is pleased to announce its exclusive role as is pleased to announce its exclusive role as is pleased to announce its exclusive role as is pleased to announce its exclusive role as exclusive role as financial advisor to sole strategic and financial advisor to sole strategic and financial advisor to sole strategic and financial advisor to sole strategic and financial advisor to is pleased to announce its exclusive role as sole strategic and financial advisor to in its cash sale to in its recapitalization by in its minority investment from in its sale to in its growth investment by in its sale to for total consideration of of approximately for cash consideration of approximately for total consideration of approximately for a total valuation of nearly $ 50,000,000 $ 325,000,000 $ 238,000,000 $ 369,000,000 $200,000,000 $ 100,000,000+ The Only Investment Bank The Only Investment Bank The Only Investment Bank The Only Investment Bank The Only Investment Bank The Only Investment Bank Focused Exclusively on Financial Technology Focused Exclusively on Financial Technology Focused Exclusively on Financial Technology Focused Exclusively on Financial Technology Focused Exclusively on Financial Technology Focused Exclusively on Financial Technology Financial Technology Partners LP Financial Technology Partners LP Financial Technology Partners LP Financial Technology Partners LP Financial Technology Partners LP Financial Technology Partners LP FTP Securities LLC FTP Securities LLC FTP Securities LLC FTP Securities LLC FTP Securities LLC FTP Securities LLC is pleased to announce its role as is pleased to announce its exclusive role as is pleased to announce its exclusive role as is pleased to announce its exclusive role as is pleased to announce its exclusive role as is pleased to announce its exclusive role as strategic and financial advisor to sole debt capital advisor to sole strategic and financial advisor to sole strategic and financial advisor to sole strategic and financial advisor to sole strategic and financial advisor to in its cash sale to in its sale to In its acquisition of in its debt financing co-led by in its Bank of America Merrill Lynch $177,000,000 from in its sale to Deutsche Bank Initial Public Offering GE Capital for total consideration of approximately valuing the equity at approximately totaling for cash consideration of approximately $1,500,000,000 $ 300,000,000 $ 650,000,000 $ 675,000,000 $ 525,000,000 The Only Investment Bank The Only Investment Bank The Only Investment Bank The Only Investment Bank The Only Investment Bank The Only Investment Bank Focused Exclusively on Financial Technology Focused Exclusively on Financial Technology Focused Exclusively on Financial Technology Focused Exclusively on Financial Technology Focused Exclusively on Financial Technology Focused Exclusively on Financial Technology 4 FT Partners’ FinTech Market Expertise FT Partners has Significant Experience Advising Large Financing Rounds and “Unicorns” Company Amount Raised Selected Prominent Investors in FT Partners Led Rounds FT Partners has a history
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