Disrupting £4.4bn a year across three industries Utilise Open Banking/PSD2 to disrupt the credit risk assessment (£500m/year)1, transactional online banking and card fraud (£670m/year)2, online card payment network (£2.2bn/year)3, and price comparison websites (£1bn/year)4 industries Sources: 1. Experian, Equifax and CallCredit annual reports 2017 2. Financial Fraud Action UK, Fraud the facts 2017 3. UK Finance, Quarterly Market Trends Q3 2017 and Ducit,ai proprietary data © Ducit.ai - Private & Confidential 4. Estimate based on Moneysupermarket and Confused.com 2018 revenues 6