{
  "docId": "019f6b8f-4fcd-7608-ba1f-3ea1cb96fbb1",
  "docSlug": "jarvis-paymongo-seriesa-investment-memo",
  "documentTitle": "PayMongo seriesA investment memo",
  "authorId": "paymongo-seriesa-investment-memo",
  "authorName": null,
  "documentKindSlug": "document",
  "documentKindLabel": "Document",
  "sourceTypeSlug": "independent_analyst",
  "sourceTypeLabel": "Independent analyst",
  "presentationDate": null,
  "orientation": null,
  "aspectRatio": null,
  "pageNumber": 13,
  "pageCount": 14,
  "prevPage": 12,
  "nextPage": 14,
  "slideType": "problem_statement",
  "function": "frame_problem",
  "density": "dense",
  "nDataPoints": 4,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 0.9,
  "imagePath": null,
  "slideHref": "/slides/019f6b8f-4fcd-7608-ba1f-3ea1cb96fbb1/13",
  "deckHref": "/decks/019f6b8f-4fcd-7608-ba1f-3ea1cb96fbb1",
  "deckJsonHref": "/decks/019f6b8f-4fcd-7608-ba1f-3ea1cb96fbb1.json",
  "deckAnchorHref": "/decks/019f6b8f-4fcd-7608-ba1f-3ea1cb96fbb1#slide-13",
  "components": [
    {
      "bbox": null,
      "kind": "list",
      "text": "Fintech companies make up 15% of the startups in Manila. The transaction value of fintech startups reached around $10 billion in 2019 and is expected to grow by 24% in 2020. The e-commerce market in the Philippines is one of the fastest-growing in SE Asia, with a compounded annual growth rate of 26.4%. The government has developed an e-commerce roadmap with ambitious targets for 2022. Talent remains affordable. With a pool of experienced tech talents and young workforce, drawing from a well-established outsourcing industry, built around prestigious universities and strong English language skills, this gives us a vast skilled pool of employees to draw from.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b559ba6f-ba17-4313-a0c9-6a3a79ed28cb",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "paragraph",
      "text": "The shift towards more digital transactions have been happening (albeit slowly) over the past decade or so. However, the COVID-19 pandemic has forced many business to pivot to digital-first transactions, if not digital-only, because existing options just aren't viable. Startup success stories over the last couple of months include GoodWork, a service provider hiring platform that raised a $1.6 million seed round this year. Their services allowed people to hire cleaners and other service worker on-demand through a mobile",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "41eff21e-b209-4690-9cc6-81f0244715a1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "paragraph",
      "text": "Rapid changes in technology are happening a lot faster than existing solutions could cope and anticipate. Financial systems as we know it today is built on top of a somewhat antiquated, legacy systems. We believe that the next logical leap in technology is to create a scalable and robust payment infrastructure to meet the demands of online commerce. Powering the new breed of online businesses means building new infrastructures that allow for scale. That is, every single detail in the entire payment stack has to be reimagined: from the low-level code that processes thousands of transactions per second to the design and user experience of every checkout form. As more and more transactions are done online, the market demands a better payment infrastructure that eliminates all complexities of finance.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b51f9c69-723e-434b-b973-5797c4d08ce6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "title",
      "text": "New normal will pave the way for a new breed of technology startups",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6f97358c-2d1a-49af-a271-0017954ae419",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "title",
      "text": "Increased online commerce demands a better payment infrastructure",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9cde3032-60fb-4127-aa17-bba5e8f856a0",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [],
  "loops": [
    {
      "to": 13,
      "from": 2,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "da0f5e5a-280c-4bec-bb3a-e32aed66cb98",
      "evidence": "The document presents a problem statement and then offers a solution",
      "position": 0,
      "objective": "Highlight the consequences of not investing in PayMongo",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.6,
      "description": "Quantify what happens if the audience does nothing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}