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pulsproject.com

Digital banking platform for SME in Germany

Germany
Market: Financial services
Stage of the project: Operating business

Date of last change: 31.08.2021
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Idea

In accordance with market realities in financial industry of Germany, we create absolutely new fully regulated financial platform for SME which includes three parts:
1. Planner (financial SaaS module) - Shows how much
money when and where company needs, real-time. PSD2 AIS
+ BFM
2. Payments - move money at the right time in the right
amount to the right place. PSD2 PISP followed by PSP
3. Financing - get a loan, to have money when, where and
in the amount your business requires. Up to 100K direct
loans by Montold SME Lending Fund.

Current Status

Commercial Status
● 6 months from MVP to commercial sales
● 21-25% MTM client base growth
● €14K of first monetization
● Closed round in 2019-2020: € 1.8M
* Closed first deal in a current Seed+ round under new valuation
* The program for issuing credits has been launched for Puls`s clients in August

Market

German SME. About 2,4 mln companies in a wide target group, in preffered target industries - around 1,5 mln companies with size no more than 50 persons.

Problem or Opportunity

Market need.
● First we save 30% working hours on tracking & summarising
real time financial information in 2.6 bank accounts on average. Minimize resulting loss for SME of ±€36K yearly.
● We solve the urgent need for fast liquidity i.e. instant business loans: Only 25% of business owners receive financing/overdrafts with their house bank, after a long wait of 4-6 weeks.
● We also provide a solution for a scattered and complex information: 4-6 different programs on average to do budgeting, forecasting, payments, loans.

Solution (product or service)

Our solution. Have money, where they need it just at the right time when they need it. We provide financial flexibility & controlled future, all in one place, in a digital financial platform Puls.

Competitors

Issued on request under NDA

Advantages or differentiators

We have an unique operational model relative to competitors. Every part of project more or less is exist or can be create, but there are no such types of banking paltform on market now.

Finance

Issued on request under NDA

Business model

Issued on request under NDA

Money will be spent on

Purpose of use: Commercialization of the existing product, deployment of digital sales channels, R&D completion of next generation product.

Offer for investor

Equity participation

Team or Management

Risks

There are usual risks for young business: underfunding, competitors, operational. More detailed information can be provided under NDA
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Presentation