The Parent Payment Revolution ELEVATOR PITCH: PonchoPayis revolutionising the way parents pay for childcare and access the government funding they're entitled to. In just YEAR FOUNDED: one click, parents can book with thousands of childcare providers, accessing billions of pounds of government funding in the 2020 (launched 2022) process.With over 300 providers joining the PonchoPaynetwork in just 3 months since going live, PonchoPayis on track to achieve its target of £1m in monthly transactions by end-2023. TEAM SIZE: SECRET SAUCE: 6 A one-click checkout tool that automatically aggregates funding from different sources (parents, government, employers) and instantly passes it on to the providers of childcare. TARGET CUSTOMERS: Providers of Childcare / Parents USE CASES RELEVANT INDUSTRIES: Payments, check-out, retail 1 Check-out tool that instantly aggregates funding sources banking, retail finance, Hundreds of millions of pounds of government support available to parents is going unspent due to poor awareness insurance, government and a lack of tech. We’re making it easy for any source of funding to be aggregated at point of checkout, saving parents money and saving childcare providers a significant amount of time. 2 Opportunity to partner with parents and providers of childcare to upsell additional services: retailfinance, BNPL, insurance, etc 3 Reconciliation and order management tool for the providers of childcare COST OF LIVING WE WANT TO LEARN ABOUT: • Understanding potential upsell opportunities in collaboration with financial institutions, given our audience and data • Potential additional applications for our tool, beyond the aggregation of funding for childcare • B2B payments sales best practice • Any regulatory advice
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