STEYBLE
Confidential · Investor materials · Sep 2026

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Confidential · Investor deck

One interface.
One API.
Many financial providers.

Steyble is an aggregation, routing and infrastructure layer. This round builds the product into a proper, diligence-ready asset — not a sales machine.

$1.5M
First funding ask
12 mo
10 Sep 2026 – 9 Sep 2027
Build → exit
Product moat first. Exit is the destination.
01 · Positioning

Steyble is an all-in-one financial aggregation platform. It connects decentralized and traditional financial services through one interface and one infrastructure layer.

WHAT STEYBLE IS
Aggregation · routing · unified UX · unified API · transaction orchestration
Users see one place to swap, move, convert, stake and access more services. Businesses integrate once instead of integrating every provider.
WHAT STEYBLE IS NOT
Not another exchange, wallet, DEX or bridge. Not a company that must build every financial product itself. Not a bank. Not a custodian of customer balances where self-custody applies.
02 · The problem

Financial products live in separate apps.

A person who wants to buy, move, exchange, earn and spend digital assets today jumps across wallets, exchanges, bridges, staking sites, fiat providers and investment apps.

FOR PEOPLE
Many logins. Many interfaces. Many ways to make a mistake.
Each product is a new account, a new risk surface and a new learning curve.
FOR BUSINESSES
Many APIs. Many vendors. Ongoing maintenance.
A fintech that wants the same coverage must integrate, monitor and update each provider separately.
THE GAP
No single aggregation layer for both sides.
Specialists exist. A unified consumer experience plus a unified partner API is rare.
03 · Customer experience

From fragmented apps → one aggregated experience.

WITHOUT STEYBLE
Wallet A
Exchange B
Bridge C
Staking D
Fiat E
Invest app F

Six products. Six journeys. The user is the integrator.

WITH STEYBLE
ONE STEYBLE INTERFACE
Swap
Bridge
Send
Convert
Stake
More services

One place to request the outcome. Steyble routes to the right provider.

04 · Business architecture

Providers on the left. Steyble in the middle. Customers on the right.

UNDERLYING PROVIDERS
DEX aggregators
Bridge aggregators
Fiat / payment partners
Staking / yield venues
Market venues
Other financial APIs
STEYBLE LAYER
STEYBLE
Aggregation
Routing
Unified UX
Unified API
Security controls
Transaction orchestration
CUSTOMERS
B2C · Retail users
Fintechs
Wallets & Web3 apps
Financial platforms
Businesses

Steyble does not need to manufacture every product. Licensed or specialized providers can perform the underlying service. Steyble provides the interface, routing and infrastructure.

05 · Product ecosystem

One platform. Multiple financial functions.

ACCESS
Wallet
Live
User-controlled accounts. Built-in, social login, or external wallet.
ACCESS
Portfolio view
Live
Holdings and value in one place.
MOVE
Send
Live
Transfer assets from the same interface.
CONVERT
Swap
Live
Exchange one token for another via routed venues.
CONVERT
Bridge
Live
Move assets between blockchain networks.
CONVERT
Fiat access
Live
Bank / card ↔ crypto via third-party providers.
GROW
Stake / yield access
Live
Access provider staking and lending markets. Not guaranteed.
MARKETS
Perpetuals
Live
Leveraged market access via Hyperliquid.
MARKETS
Prediction markets
Live
Event markets via Polymarket / Azuro rails.
PLATFORM
B2B API
Live
One partner key. Multiple services. Frozen v1 contract.
PIPELINE
Spend cards
Planned
Crypto spend via card partners. KYB / partner gate still open.
OUT OF SCOPE HERE
P2P · VPN · OKX trading · MPC
Deferred
Internal products exist as UI or plans. Not sold as live in this deck.
06 · Service · Swap

Turn one token into another without shopping venues by hand.

The problem. A user would otherwise open several exchanges or DEX apps, compare prices, and execute the trade themselves.

1. User request
“USDC → ETH”
2. Steyble routing
Checks available venues / routes
3. Provider execution
User receives ETH

Example. The user holds USDC and wants ETH. Steyble requests a route, shows the expected output after the platform fee, and the user signs once.

Benefit. One interface. Route aggregation. Same wallet context as the rest of the platform.

Monetization. Transaction fee on the swap — Back Office configurable; existing materials use a 0.3% default. B2B: fee share with the partner.

SWAP
You pay
1,000 USDC
Steyble checks routes
Best available quote
You receive
ETH
07 · Service · Bridge

Move the same asset from one network to another.

A blockchain network is like a separate rail. USDC on Ethereum is not automatically USDC on Solana. A bridge is the transfer between those rails.

NETWORK A
USDC
Ethereum
STEYBLE
Selects a bridge route
User does not operate the bridge by hand
BRIDGE PROVIDER
Executes the transfer
NETWORK B
USDC
Solana / destination chain
PROBLEM
Users otherwise pick a bridge site, manage two wallets, and hope the transfer completes.
STEYBLE ROLE
Quote, route, track status. Underlying transfer is performed by a bridge aggregator (LiFi).
MONETIZATION
Platform fee on the bridged amount — Back Office configurable; existing materials use 0.3%.
08 · Service · Fiat ↔ crypto

Bank or card on one side. Wallet on the other. A payment partner in between.

Steyble is not a bank. The regulated payment activity is performed by third-party on-ramp / off-ramp providers. Steyble aggregates quotes and returns the user to the provider checkout.

ON-RAMP · BUY
Bank / card
Partner
KYC + payment
Steyble
Quote + destination
Wallet
Stablecoin / crypto
OFF-RAMP · SELL
Wallet
Steyble
Partner
Bank account

Monetization. Spread / partner markup configured per tenant. Funds settle to the user’s destination address — Steyble keys are not on the value path. Live rails today include Changelly Fiat (and Trustodi for selected bank methods).

09 · Service · Staking & yield access

Put idle assets to work through integrated providers.

Yield is not guaranteed. Rates move. Principal can fall. Steyble shows available provider options; the user chooses and signs.

Idle asset
e.g. ETH sitting in the wallet
Steyble
Lists integrated options
Provider
Lido staking · Aave / Compound markets
User position
Held in the user’s wallet / protocol position
PROBLEM
Users otherwise leave the app, open a staking site, and manage a separate position.
BENEFIT
Same wallet. Same interface. Provider execution. No promise of a return.
MONETIZATION
Fee on stake / selected DeFi actions — Back Office configurable; existing materials use 0.3%.
10 · Service · Access layer

See assets. Send them. Keep control of the keys.

WALLET
What it does
Gives the user an account they control — built-in wallet, social/email login, or an external wallet they already own.
Steyble role. Interface + signing orchestration. Not a pooled custodian of user balances on these paths.
Monetization. No wallet connection fee. Revenue sits on the transactions that follow.
SEND
What it does
Transfer assets to another address from the same screen.
Problem avoided. Opening a separate wallet app just to move funds.
Monetization. Network gas paid by the user. Platform fee only where a product rule applies.
PORTFOLIO
What it does
One view of holdings and estimated value across supported networks.
Problem avoided. Checking five apps to know “what do I have?”
Monetization. Read-only today. Supports retention and downstream transaction volume.
11 · Service · Markets

Two market products. Same pattern: Steyble routes, the venue executes.

PERPETUALS
Trade a market with leverage — user signs, venue holds the position.
User order
Steyble
Quote + fee attach
Hyperliquid
Example. “Long ETH with leverage.” Steyble forwards a user-signed order. Positions live at the venue, not in a Steyble pool.
Monetization. Builder / platform fee — existing materials use 0.05%.
PREDICTION MARKETS
Take a position on a real-world event through integrated market rails.
User pick
Steyble
Markets + markup
Venue
Polymarket / Azuro
Example. “Will this event happen?” The user trades the outcome token; Steyble provides discovery, session and fee layer.
Monetization. Markup — existing materials use 0.3%. Also a live B2B surface.
12 · B2B

Integrate once. Reach many financial providers.

WITHOUT STEYBLE
API 1
Swap
API 2
Bridge
API 3
Fiat
API 4
Stake
API 5
Markets
API 6
Wallet

Each API needs development, monitoring, docs, keys and vendor management.

WITH STEYBLE
BUSINESS
ONE STEYBLE API · api.steyble.com/v1
Swap
Bridge
Fiat
Wallet
Predict
More

Primary message: integrate Steyble once instead of separately integrating every underlying service. One key, one envelope, à la carte services. v1 is a frozen contract.

13 · B2B value

What a partner actually buys.

Faster launch
Ship swap, ramp or predict without a six-vendor integration project.
Less engineering
One set of docs, auth, errors and webhooks.
Provider flexibility
Steyble can change or add providers without the partner rebuilding.
Recurring revenue
Usage, volume share and platform fees — see business model.
LIVE TODAY

Production Global API at api.steyble.com. At least one production partner is live (primarily prediction markets + wallet). Do not treat this as a disclosed volume figure — [DATA REQUIRED] for partner count, volume and revenue.

14 · B2C + B2B flywheel

Each side makes the other more valuable.

STEYBLE layer More provider integrations More services Stronger B2C product Routing intelligence Stronger B2B API More volume Provider economics More integrations

This is a structural thesis, not a claimed current flywheel metric.

15 · How Steyble makes money

Fees on routed activity. Share with partners. Recurring B2B.

B2C
StreamStatusTypical rate*
Swap / bridge / stake feeIntended · live plumbing0.3%
Prediction markupIntended · live plumbing0.3%
Perpetuals builder feeIntended · live plumbing0.05%
Fiat spread / partner markupIntended · live plumbingTenant-set
Card spend feePlannedPrior deck: 1%
B2B
StreamStatusModel*
Revenue share on partner volumeIntended~30% platform / 70% tenant†
API / platform usageIntendedVolume-based
White-label / enterprisePlanned / future[DECISION]
Subscription / seatFuture[DECISION]

*Rates are Back Office configurable (`platform_fee_rules`), not hardcoded promises. †Prior investor deck split; perps/cards used a higher platform share in that table. Current revenue: [DATA REQUIRED].

16 · Product architecture

Add a provider. Do not rebuild the app.

CUSTOMER LAYER
B2C app · web + mobile
B2B API · /v1/{service}/{action}
STEYBLE ORCHESTRATION
Aggregation
Routing
Unified data
Tx orchestration
Risk / security
PROVIDER LAYER
DEXs
Bridges
Fiat partners
Staking venues
Market venues

A new service is a new provider adapter + fee rule + surface. The customer layer stays one app and one API.

17 · Why this gets more valuable

Value accrues in the middle layer — if execution holds.

Integration network
Each live provider increases coverage for both B2C and B2B. Switching a specialist later is possible; switching a bundle is harder.
Routing + orchestration
Quotes, failover, status tracking and fee logic improve with use. This is infrastructure, not a skin.
One integration, many functions
A B2B customer that uses three Steyble services has a real switching cost.
Dual distribution
B2C volume informs routing. B2B volume funds more integrations. Neither side is the whole business.
Security posture
Self-custody where applicable, geo controls, sanctions screening, age gates, audit logs. See compliance slide. Not a claimed completed audit certificate.
UX layer
The consumer product is how complex rails become one request. Brand is a distribution asset, not a moat by itself.

These are structural advantages to build — not proven lock-in metrics today.

18 · Competitive position

Specialists win a category. Steyble aggregates categories.

Swap / DEXBridgeWalletFiat rampStakePerpsPredictB2B API
1inch / DEX apps
LiFi / bridge tools
MetaMask / Rainbow / Zerion
MoonPay / ramp specialists
Lido / Aave front-ends
Hyperliquid / venues
Polymarket
Steyble

● = category Steyble already routes or exposes. Specialists remain deeper in their niche. Steyble’s claim is breadth + one integration — not “we beat 1inch at being 1inch.” Prior 16/16 scorecard is not restated as a fact.

19 · Market · why now

The market is large. The product is already built. Capital is for scale, not invention.

$685B
Remittances to LMICs, 2024 · World Bank / KNOMAD Brief 41
Built
Core B2C surfaces + B2B /v1 gateway already exist
Now
Partners can integrate one API instead of a stack of specialists
WHY THIS CATEGORY
Crypto and stablecoin activity is no longer a single-app problem. Users and fintechs need conversion, movement, yield access and markets together. Aggregation is how that becomes usable.
PRIOR DECK FIGURES — UNVERIFIED HERE
The previous deck cited 213M DeFi users, $1T target-market volume and 73% abandoned transactions. Those numbers are [SOURCE REQUIRED] before they re-enter an investor-facing slide.
20 · Security & compliance

Controls exist. Licenses are not claimed.

Self-custody where applicable
Users sign. Provider or chain settles. Steyble is the orchestration layer, not a pooled bank book.
Access controls
Authenticated money paths. Geo blocks. Rate limits. Partner keys with explicit service entitlements.
Screening & gates
Sanctions lists, age gate on markets, risk disclosures, cookie consent, data-rights endpoint.
Partner responsibility
A partner operating a licensed brand still holds their own licence, ToS and SAR duties. Steyble does not relicense them.
Not claimed
No MiCA CASP, VARA, FCA or PVARA licence is asserted in this deck. Prior “license in progress” lines stay as legal work, not assets.
Honest residual
KYC (Sumsub) is wired but product-deferred. Full DR drill is not complete. See known-limitations internally — not investor theatre.
21 · Traction · verified only

What is true today. Nothing else.

Live
Swap · bridge · stake · fiat · perps · predict · wallet · portfolio · B2B /v1
1+
Production B2B partner (predict + wallet)
[DATA]
Users · volume · revenue
$0
Prior deck: equity capital raised to date
VERIFIED
Web app. Expo mobile app. Multi-tenant back office. Fee engine. Global API with frozen v1. Provider adapters listed on the ecosystem slide. Staging QA surface at beta.steyble.com.
NOT IN THIS SCORECARD
Invented MAU, GMV, ARR or “8 B2B partners.” Prior-deck Month 12 / Month 24 projections are not restated as commitments. Cards remain planned. P2P / VPN / OKX trading / MPC are deferred.
22 · Team · product-moat hiring

Hire builders. Keep commercial lean.

Current team
[DATA REQUIRED] names, roles, FTE
Capability gap
Routing / API depth, frontend/mobile, security / DevOps, product design
Selective hiring
Engineers first. One lean partner/CS seat if needed. No sales team this round.
Outcome
A product a buyer can diligence — not a sales org to unwind
HIGHEST
Engineering + routing + API
The asset is the orchestration layer. Most of the $630k engineering line sits here.
HIGH
Security / DevOps + product
Reliability and a clean UX are what make the asset transferable.
LOW
Sales / growth
$120k total. Enough to support existing partners. Not a GTM army.
23 · Roadmap · funding start 10 Sep 2026

Twelve months to make the product the asset.

PHASE 1
10 Sep – Nov 2026
Harden the core
Stabilize live flows. Technical hires. Monitoring. Security. KPI instrumentation. Priority provider health.
A product someone else can operate without heroics.
PHASE 2
Dec 2026 – Feb 2027
Deepen the layer
Routing and API depth. Additional approved providers. Design-partner usage. Better B2C on core flows.
The middle layer gets harder to rebuild.
PHASE 3
Mar – May 2027
Coverage & failover
More swap/bridge/perps venues if quality holds. Failover routing. Automation. Unit-economics visibility. Cards only if KYB clears.
Breadth without inventing new products.
PHASE 4
Jun – 9 Sep 2027
Diligence-ready
Reliability. Docs. Data room. Proven design-partner usage. Prepare inbound strategic interest or a later round — exit is the destination.
The company is an asset, not a campaign.

Monthly gates in the appendix. This plan is the product-moat path — not a sales-acceleration plan.

24 · The ask

$1.5M to build the asset

12-month runway. Capital concentrates on product, routing, integrations and security — so Steyble is a proper company a buyer can acquire, not a sales experiment.

10 Sep 2026
Funding start
9 Sep 2027
Runway end
$125K
Average / month · spend is not flat

72% of the round is engineering + integrations + infrastructure/security. 8% is sales and marketing.

Equity %, valuation and instrument: [TO BE CONFIRMED]

25 · Use of funds · product & infrastructure moat

$1.5M · where the money goes

CategoryAmount%
Product & engineering$630,00042%
Provider integrations / liquidity$270,00018%
Infrastructure, security & monitoring$180,00012%
Legal & compliance$150,00010%
Sales & marketing$120,0008%
Operations / customer success$90,0006%
Contingency$60,0004%
Total$1,500,000100%
WHY THIS MIX
This is a product-first company. The round buys depth in the layer a strategic buyer would keep: routing, APIs, integrations, reliability.
Trade-off we accept. User acquisition and revenue may develop more slowly than a sales-heavy plan. That is intentional.
What we will not do. Spend this money standing up a sales org that an acquirer would have to unwind.
26 · Capital deployment

Build first. Hold. Do not spike late on ads.

8595105115125135140140145145135135
M1–M4 · $400K
Hire and harden
$85k → $115k. Engineers, monitoring, core reliability.
M5–M8 · $540K
Deepen the layer
$125k → $140k. Routing, providers, API depth.
M9–M12 · $560K
Hold and prepare
$145k then $135k. No late marketing spike. Diligence pack.

Monthly figures in $000s. Sum = $1.50M. Cumulative used after M6 ≈ $660k · remaining ≈ $840k.

27 · Capital → product → sellable asset

What September 2027 should look like.

TODAY
Core products live. B2B /v1 live. One+ production partner. Fee plumbing in place. The layer works — it is not yet a diligence-ready company. Traction: [DATA REQUIRED].
$1.5M DOES THIS
Engineering → deeper API / routing → more providers → reliability and security → a product a sophisticated buyer can inspect without a founder tour.
SEPTEMBER 2027
Stronger product. More provider coverage. Production-grade B2B surface. Design-partner usage. Data room. Clearer strategic path.
Numeric targets: [TARGET REQUIRED]
ENGINEERING $630K
→ the asset itself
INTEGRATIONS $270K
→ coverage a buyer will not rebuild
INFRA / SECURITY $180K
→ transferable operations
SALES $120K
→ keep existing partners alive, not a GTM bet
28 · Exit strategy

Build a product someone larger would rather buy than rebuild.

The destination is a strategic exit. This round is not a plan to become a large independent sales company.

1. Build the layer
Routing, API, providers, security — one integration, many services
2. Prove it works
Live flows, design-partner usage, measurable reliability
3. Make it transferable
Docs, data room, no hero-ops, clean contract
4. Exit
Strategic sale of the infrastructure asset
WHY THIS FITS THE FOUNDER
The company is product- and tech-led. Capital follows that. A sales-led raise would build the wrong organisation for an exit.
WHAT WE ARE NOT CLAIMING
No named buyer. No LOI. No invented exit multiple or timeline-to-close. Those appear only if they become real.
29 · Exit · buyer types

Who needs this layer — and would rather not build it.

EXCHANGES / WALLETS
Add swap, bridge, fiat, stake, markets without a two-year rebuild.
They already have users. They lack a unified aggregation layer.
FINTECH / NEOBANKS
One API instead of six vendor programmes.
Steyble is the integration they would otherwise staff internally.
CRYPTO INFRA / PAYMENTS
Tuck-in for coverage + orchestration + a frozen partner contract.
Self-custodial design is easier to absorb than a pooled book.
WHAT A BUYER ACTUALLY ACQUIRES
The orchestration layer · provider adapters · B2C + B2B surfaces · fee engine · multi-tenant controls · a live /v1 contract. Not a sales pipeline. Not a banking licence. Not custodied customer balances.
30 · What “ready to sell” means in 12 months

Diligence checklist — not a promised close date.

MUST BE TRUE BY SEP 2027
Core flows documented and reliable. API a partner can run without Steyble staff on every call. Provider map and failover written down. Security posture explainable. Fee and revenue plumbing inspectable. Design-partner usage exists so the product is not slides-only.
NICE, NOT REQUIRED FOR THIS ROUND
Large B2C user base. Heavy paid acquisition. A priced process. Multiple inbound bids. Those can follow the asset. They are not what this $1.5M is spent to manufacture.

If a later financing round is cleaner than a sale in 2027, that remains available. The organisation we build still points at exit, not at becoming a sales company.

31 · How we measure a product-moat year

Reliability and coverage first. Volume second.

WeightMetricToday12-month target
PrimaryCore flow success rate · latency · uptime[DATA][TARGET]
PrimaryIntegrated providers / failover coverageLive set on ecosystem slide[TARGET]
PrimaryAPI a partner can run without staff-on-call/v1 liveDiligence-ready docs
SecondaryDesign-partner usage · API volume1+ live partner[TARGET]
SecondaryB2C active users · volume[DATA][TARGET]
WatchRevenue · burn · runway[DATA]12-month plan held

Prior-deck M12 ($618K ARR / 15k users) is not the scoreboard for this strategy. We will not spend the round chasing those numbers.

32 · Investment proposition

Build the layer.
Then sell the layer.

$1.5M from 10 September 2026. Product, routing, integrations, security. A diligence-ready aggregation company — not a sales team.

$1.5M
Ask
72%
Engineering + integrations + infra/security
Sep 2027
Asset ready for strategic interest

steyble.com · api.steyble.com

Appendix A · 12 monthly gates

M1–M12 · 10 Sep 2026 – 9 Sep 2027

WindowProductIntegrationCommercialOps / securityGate
M110 Sep–9 OctStabilize core flowsProvider health dashboardsPipeline hygieneMonitoring + Sentry coverageBaseline success rates
M210 Oct–9 NovAPI sandbox / docsFiat reliabilityDesign-partner listRunbooksUptime baseline
M310 Nov–9 DecB2C UX pass on coreFailover designExisting partner healthInfra hardeningPhase 1: operable without heroics
M410 Dec–9 JanAPI depth / docsAdditional swap or bridge provider*Design-partner usageRunbook completeA second provider or deeper API
M510 Jan–9 FebRouting improvementsOn/off-ramp reliabilityKeep 1+ partner liveIncident drillRouting measurable
M610 Feb–9 MarStatus tracking hardeningProvider SLA draftNo sales blitzAccess reviewPhase 2: layer is deeper
M710 Mar–9 AprAutomationAdditional perps or quote source*Inbound onlyCapacity planCoverage up vs M6
M810 Apr–9 MayUnit-economics instrumentationProvider SLAsDesign-partner reviewBackup / restore rehearsalGross margin visible
M910 May–9 JunApproved-roadmap onlyFailover live if quality holdsNo paid-acq spikeSecurity reviewPhase 3: coverage + failover
M1010 Jun–9 JulReliability polishProvider coverage +1 if quality holdsUsage evidence onlyAutomationOps transferable
M1110 Jul–9 AugDocs / freeze new scopeVendor cost reviewData roomDiligence pack
M1210 Aug–9 SepFreeze · polishNo new unapproved servicesYear reviewExit / next-step decisionAsset vs this deck

*Only providers already on the approved investor roadmap (more swap / bridge / perps venues, failover). Cards only if KYB clears — not a committed monthly deliverable.

Appendix B · What each category actually funds

Not “engineering — $630k.” The work inside the line.

PRODUCT & ENGINEERING
Team · product/design · frontend/mobile · backend/API · routing · QA · developer tooling. No invented vendor quotes.
INTEGRATIONS
Provider work · partner setup · API/vendor costs · liquidity/routing relationships · technical integration support.
INFRA & SECURITY
Cloud · monitoring · logging · backups/DR · security tooling · audits/pentest · secrets · reliability.
SALES & MARKETING · $120K
Existing-partner BD, site/content, light tools and one small event. Not an enterprise sales team.
LEGAL & COMPLIANCE
Counsel · entity/corporate · regulatory analysis · contracts · privacy · compliance vendors. Not a purchased licence.
OPERATIONS
Customer success · finance/admin · tools · support · essential operating cost.
CONTINGENCY
A 2–4% reserve. Not a slush fund for new products.

Illustrative internal split for this product-moat plan. Not vendor quotes.

CategorySub-allocationsSum
Engineering $630kBackend/API/routing $320k · frontend/mobile $120k · product/design $80k · QA $60k · tooling $50k$630k
Integrations $270kProvider work $130k · partner/liquidity $70k · vendor/API $40k · integration support $30k$270k
Infra/security $180kCloud $55k · monitor/log $30k · security tools $30k · audit/pentest $40k · backup/secrets $25k$180k
Legal $150kCounsel/corporate $70k · regulatory $45k · contracts/privacy $25k · vendors $10k$150k
Sales & marketing $120kExisting-partner BD $50k · content/site $40k · tools $20k · events $10k$120k
Ops $90kLean CS $40k · finance/admin $30k · tools $20k$90k
Appendix C · Capital over time

Not a flat $125k every month.

EARLY · M1–M4 · $400K
Hire and harden
$85k → $115k. Technical load-in.
MIDDLE · M5–M8 · $540K
Deepen the layer
$125k → $140k. Routing, providers, API.
LATE · M9–M12 · $560K
Hold and prepare
Peaks at $145k, then holds at $135k. No late ad spend.
M1M2M3M4M5M6M7M8M9M10M11M12Σ
Burn $k85951051151251351401401451451351351500
Cumulative851802854005256608009401085123013651500
Remaining14151320121511009758407005604152701350

Figures in $000s.

Appendix D · Hiring emphasis

Builders first. Sales last.

CapabilityThis planWhy
Engineering (API, routing, app)HighestThis is the asset
Product / designHighTransferable UX
Security / DevOpsHighA buyer diligences this first
B2B sales / partnershipsLowSupport existing partners only
Growth / marketingLowNot a GTM round
Customer successLow–mediumKeep live usage healthy
Compliance / opsSharedCompany must stay clean

Named future titles and FTE: [DATA REQUIRED]. Current roster: [DATA REQUIRED].

Appendix E · Regulatory honesty

What we enforce. What we do not claim.

IN PLACE AS PRODUCT CONTROLS
Geo-blocking. Sanctions screening. Age gate on markets. Risk disclosures. Cookie consent. Data-subject rights endpoint. Partner keys fail closed if entitlements are empty. Fiat KYC is performed by the ramp partner.
NOT ASSERTED
Steyble is a bank. Steyble holds a VASP / CASP / VARA / FCA / PVARA licence. Yield is guaranteed. Cards are live. Sumsub KYC is a launched company-wide requirement (wired, product-deferred). A completed third-party security audit certificate — [DATA REQUIRED] if one exists.
Appendix F · Sources and data integrity

What was reused. What was refused.

REUSED FROM THE PRIOR DECK / PRODUCT DOCS
$1.5M ask. Intended fee rates (0.3% / 0.05% / card 1%). 70/30 partner split as the prior commercial model. Live product list. Provider names (1inch, LiFi, Lido, Aave, Compound, Hyperliquid, Polymarket, Azuro, Changelly, Trustodi). $0 prior equity raise. World Bank remittance $685B (Brief 41, 2024) replaces the unsourced $700B line.
NOT CARRIED FORWARD AS FACTS
213M users, $1T volume, 73% abandon, $4.84M ARR, 15k/75k users, 10× ROI, 37.5% for $4M, $5–15M “CFO verdict,” “only platform with 16/16,” silent-signing uniqueness, live cards, live P2P as a sold product, invented licences.

Internal sources: existing deck.steyble.com, docs/services/*, docs/partner/GLOBAL_API_INTEGRATION.md, docs/partner/COMPLIANCE_POSTURE.md, docs/known-limitations.md, brand book. Placeholders remain until the company fills them.

Appendix G · Still open

Decided: product-moat plan. Still to confirm.

1. Equity %, valuation and instrument.
2. Current users, volume, revenue, partner count.
3. Numeric 12-month KPI targets — or leave placeholders.
4. Team names / FTE on the public slide.
5. Cards as 2027 commitment vs planned / KYB.
6. Name the live B2B partner or keep “1+.”
7. Any specific exit valuation or process timing — only if real.
8. White-label / subscription pricing language.