Fintech firm Utrust used this pitch deck to raise funding from 500 Startups
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ABOUT
Portugal-based Utrust is a blockchain payment solution that helps merchants accept digital currencies and provides rewards for transactions and payments made within the app. Users can also store, exchange, and sell digital currencies on its platform.
The company’s services are deployed in over 180 countries and support more than 30 currencies. Utrust also accepts bitcoin, Ethereum, and other major digital currencies, which are then immediately converted to cash.
The fintech startup uses a built-in fraud protection system that protects businesses against chargebacks. It charges a 1% transaction fee, and also offers invoicing solutions so merchants could request for and accept payments.
Utrust used this deck to raise funding from 500 Startups.
Fundraising journey
- 2018: Undisclosed sum of early-stage funding from 500 Startups
- 2020: Undisclosed amount of seed funding from Alchemist Accelerator
How is the deck compelling?
- The pitch deck introduces digital currencies as the future of money in an increasingly digital society.
- It then introduces the payment service that Utrust offers, and how it is different from existing payment technologies.
- The deck also shows the current partnerships that Utrust has with companies such as Payrexx, The Clever Group, and Gambio, among others, along with the company’s plans to expand its business globally.
SOURCE
Deck: Starthouse
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Utrust is a blockchain payment solution that helps merchants accept digital currencies and provides rewards for transactions made within the app.
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