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Repay SPAC

Card and Debit Payments Underpenetrated in Existing Verticals REPAY's verticals, Personal Loans, Automotive Loans and Receivables Management, are underpenetrated and lag other retail markets in migrating to card payments Card Payment Penetration Significant Opportunity from Untapped Adoption of Card Payments 57% 2017 Debit and Credit Share of Total U.S. Consumer Payments (1) REPAY Realtime Electronic Payments 12% 40% 41% 15% 47% 41% (2) 2017(2) ■ Personal Loans Debit Share ■Automotive Loans Debit Share Receivables Management Debit Share Projected - 2020 Debit payment volume is expected to grow at 11.6% CAGR between 2017 and 2020(2) Total Payment Volume of Existing REPAY Verticals $455bn Debit Market Volume Growth $162bn 2017 Debit Payment Volume of Existing REPAY Verticals 11.6% Expected CAGR Note: Credit generally not accepted as payment option in REPAY's existing end markets. 1) Source: The Nilson Report - December 2018. Represents debit and credit as a percentage of all U.S. consumer payment systems, including various forms of paper, card, and electronic payment methods. 2) Source: Stax - REPAY Market Sizing Report. January 2018. 11.6% growth rate represents CAGR from 2017-2020. $535bn $225bn Projected - 2020 01 6
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