T8 Copy

Introduction

T8 is a payments, investment, and lifestyle platform built for the global mass-affluent consumer. Over 500 million people are underserved by their primary bank, don't qualify for a private bank account, and require multiple providers to meet their needs. T8 solves for this on our own innovative platform that allows access from the palm of your hand via our app.

Our mission is to support customers throughout their financial journey. From saving for a child's overseas education, to making international payments from your home country to abroad, or to simply diversifying your savings, T8 is your partner.

On our platform, customers can open a European payments accounts, transfer money internationally, or invest their savings across a number of our wealth management partners.

In addition, we aim to enrich our members’ lives 24 hours a day, 365 days a year, via our concierge offering, allowing customers to book priority reservations at the world’s most exclusive restaurants, to luxury travel planning, though to VIP tickets for sold-out events.

The business is focused on B2B partnerships to drive customer growth and lower customer acquisition cost.

Monetisation strategy

T8 is designed to combine multiple revenue streams through our diverse offering of services and customer partners. We are currently revenue generating via our concierge offering with revenue share on purchases made via the concierge.

We also plan to create revenue via the following strategies:

· Monthly subscription fees (currently waived in this launch period)
· Stock trading via users' Saxo accounts
· Revenue share on customer purchases via our lifestyle partners
· Funds & ETFs sale charges and trailers fees (where authorised)
· FX market competitive fees
· Premium tiered monthly subscriptions
· Card rebate (interchange and international withdrawal)
· Mortgage referral fees
· Insurance product distribution fees