Repay SPAC slide image

Repay SPAC

History of Strong and Continued Card Payment Volume Growth m. REPAY has generated strong, consistent volume growth, resulting in ~$7.5 bn in annual payment processing volume in 2018 Total Card Payment Volume ($ in bn) 31% Historical CAGR(2) $2.3 2015A REPAY Realtime Electronic Payments $4.4 2016A $5.2 2017A $7.5 2018A $9.6 - $9.8 2019B (1) 100% 90% 80% 70% REPAY's integrated payments platform leads to strong same-store sales performance and high retention rates that Management believes significantly outperform traditional agent sales models Volume Retention 2015 Jan Apr Jul Oct Jan Apr Jul Oct Jan Apr Jul Oct Jan Apr Jul Oct Jan Apr 1) Source: Management estimate range for 2019. Reflects expected contribution from the acquisition of TriSource. CAGR is from 2016A-2018A. 2) 3) 2016 2017 ~97% Retention Rate (3) Volume retention for YTD period as of June 2019 calculated as 1 - (Lost Volume /Total Volume Processed in Prior Year Period); "Lost Volume" represents volume realized in prior year period from merchants that have since ended their relationship with REPAY. Volume retention for full-year 2018A was 98%. 2018 2019 19
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