BAPPLPAY

Bapplpay is a fintech App that offer Digital Bank.
  • Sector Fintech
  • Country Philippines
  • Founding date January 2020
  • Stage Paying users
We acquire client & help transform businesses & focus on process improvement & automation. Employ our capabilities by analyzing business requirements and design a better solution. Integrate our Fin-tech technology to digitize the processes and bring the Company’s & Employees into digital world.

General

Sector
Fintech
Category
Software
Product usage or interact
Mobile/Tablet (Android))

Business

Target customer
B2B,B2C, Companies using our SaaS as well as their employees, MSMEs
Customer acquisition strategy
Acquire, Automate, Digitize and Monetize
Revenue model
1) Subscription for ( SaaS)
2) Transaction convenience for Bills Payment
3) Interest and Processing fee for MSME loans
4) Interest for Employee salary loans
5) Transaction Convenience fee for ATM POS
6) Implementation fee for Payroll & ERP

Market info

Market size
$3,865,000,000
Competitors
Competitor name
Competitor website
Globe G Cash
https://www.gcash.com/
Paymaya
https://www.paymaya.com/
Competition
Competitors are focus on Bills Payment, merchant payment, and loading system.
Startup traction
Official Go-Live of BapplPay (Android ver)
Optimize for continuous innovation
Continuously assess business process performance
Enable Big Data solution
Improve User Experience of BapplPay
Explore new value opportunities with R&Ds and PoCs
Deploy DevOps across the ecosystem
Drive automation across the layers
Successful 1st Monetization client with 60 employees' avail of salary loan.
Successful 1st Monetization of MSMEs loans with 100 MSMEs avail of loans for 50K credit limit
With significant increase in Client satisfaction
Capture the attention of MSMEs for bringing technology to unlock sources of capital and gain access to finance.
Truly realizable goals and seeking help of VCs to capitalize and become 1st Digital Bank in the Philippines

Total early investment
$10,000,000
Shareholder structure
Owner type
Name
Equity
Ernest San Jose
Founder
% 20
Arlene San Jose
Co-Founder
% 20
Antonio Velasco
Co-Founder
% 20
Sherwin Ocubillo
Co-Founder
% 5
Norberto Gumape
Co-Founder
% 5
Emmanuel Reyes
Venture Investor
% 30
Investment round
Angel Investment
Investment amount
$10,000,000
Equity on offer
% 30.0

Team

Ernesto San Jose  - Philippines
Total team member
15
Comment
Last update: 31.08.2020