Repay SPAC
Attractive and Diverse Client Base
REPAY's platform provides significant value to merchants offering lending solutions across industry verticals
REPAY has successfully executed on its M&A strategy of identifying attractive opportunities in new verticals and
entering them through acquisitions (e.g. Auto and Receivables Management)
REPAY
Realtime Electronic Payments
A Market Leader
for Over a Decade in the
Personal Loans Vertical (¹)
~3,600 merchants (2)
11,000+ merchant locations (¹)
Firmly Established
Foothold in Auto
Finance Vertical
2)
3)
4)
5)
Automotive
Loans
Receivables
Management
REPAY
Realtime Electronic Payments
Personal Loans
& M
Growth
Opportunities
~97% volume retention (³)
$3.2 mm annual card payment
volume per card merchant(4)
Expanded into
Receivables
Management Vertical
SO
Future Market Expansion
Opportunities - Healthcare, B2B,
Credit Unions and Canada
4-year average tenure for
top 10 merchants(5)
1) Source: Management estimate.
Source: Management estimate as of June 2019. Merchant counts reflects all clients contributing to revenue in June 2019.
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%.
12
Source: Management estimate as of June 2019. Volume per card merchant represents LTM June 2019 card volume / average number of existing card volume clients in the period.
Source: Management estimate as of June 2019. Contracts often have 3-year term with 3-year renewals. Top 10 clients generated 29% of revenue for YTD period as of June 2019 and 29% for full-year 2018A.View entire presentation