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Repay SPAC

Capitalizing on the Large, Underserved Market Opportunities in Existing and New Verticals REPAY's three existing verticals represent ~$535bn (¹) of projected annual total payment volume by 2020, of which ~$225 billion is projected annual debit payment volume Upside for increased penetration in existing and adjacent verticals End Market Opportunities 1 fff Canada Healthcare REPAY 1) Realtime Electronic Payments Growth Opportunities 2020 Projected Payment Volumes $408 bn Automotive Loans $69 bn Personal Loans $58 bn Receivables Management 10002 1000 Logg 19996 B2B 1 1 III Credit Unions REPAY $8.5 bn LTM Card Payment Volume (2) REPAY's existing key end markets have been underserved by payment technology and service providers due to unique market dynamics X O>> Source: Stax - REPAY Market Sizing Report; Based on Stax web survey, secondary research, and analysis. January 2018. 2) Source: Management metric for LTM period as of June 2019. Historically, the market predominantly utilized cash, check and ACH payments Market where credit card payments are typically not permitted Consumers want convenience of paying with debit, but their merchants frequently do not have the capability Requires technology to process ongoing / recurring payments 1 5
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