Fintech

2016
MADRID
OCTOBER 5 - 7 TH

HANDBE
WEBSITE http://www.handbe.com
COUNTRY Spain
INDUSTRY Fintech, Banking & Legal
YEAR OF INCORPORATION 2016
INNOVATION
3.6

Innovation - Overall your project rated well in terms of innovation, with feedback being positive however there
were elements which limited the innovation or where we lacked information to rate it even higher.

2.6

Scalability - our reviewers were able to identify elements of how your project might scale but overall based on the
information provided, they either see too many barriers to scalability or had to little information to identify how you
plan to Scale. Consider expanding on your Business Model, Markets you are operating on and differentiation
points in your product offering.

2.9

Team - our evaluation of your team included a number of positive elements but the evaluators were not
convinced or lacked sufficient information to come to a more positive conclusion. Are you missing a key team
member or could you be clearer on roles within the team when you present? When you look at your team does it
appear balanced?

2.4

Viability - our evaluators believe that your project may be the basis for a viable business but lacked sufficient
information or were not convinced by the information provided. To improve on this area, focus on providing more
info on your Business model, Revenue and how that balances with costs and growth or roll out plans.

2.4

Investable - While our evaluators did identify elements of your projects that would make them consider investing,
they were not convinced. You should review what you presented in terms of Business Model, Revenue
Generation, User growth etc.

SCALABILITY

TEAM

VIABILITY

INVESTABLE

INDIVIDUAL EVALUATION FEEDBACK 1

Sounds hugely ambitious and that in an already hypercompetitive market segment.
COMMITTEE EVALUATION FEEDBACK 1
Service might be innovative but difficult to penetrate (requires CAPEX investment and move from well established and proven technologies). Potentially facing
a chicken-egg problem (no users, so no merchants or ATMs with the technology, so no users, so...)
COMMITTEE EVALUATION FEEDBACK 2
Some barriers related to user and merchan adoption and infrastructure investments
COMMITTEE FEEDBACK 1
The idea sounds super interesting but will be very difficult to implement it. They are competing against giants but if they get some metrics and they validate
the business model they can kill it. Maybe they are a bit "young" for this edition but next year with better metrics they have potential to be within the 100. Keep
pushing!