Fintech startup Lexop used this pitch deck to obtain initial funding from 500 Startups

ABOUT

Lexop is a fintech startup that offers a flexible self-service payment experience to past-due customers, removing friction from collections. The company provides its software-as-a-service platform to telecommunications, financial, and utility companies.

The company started off in 2016 as a certified email solution developer that lets legal and real estate professionals deliver notices via email instead of paper.

Lexop used this deck at a 500 Startups demo day in 2018 to obtained initial funding. It raised more money this year, bagging US$1.8 million in a seed round led by Anges Quebec.

Fundraising journey

• 2018: Undisclosed amount of initial funding from 500 Startups
• 2020: US$1.8 million seed round led by Anges Quebec, with strategic participation from a major Canadian financial institution

How is the deck compelling?

• The deck begins with pictures that explain how the business began and the headwinds in the current payment system that triggered the founders to launch Lexop.
• It illustrates how Lexop’s working process aids enterprises in fixing their payment problems.
• The deck provides details about revenue and the number of recurring clients as well as the company’s growth since Lexop was launched.
• It elaborates on the opportunities that the self-service payment platform can leverage in the future.

SOURCE

Deck: Peatch