From an old article but I imagine still Part of the plan....they were planning on having a product available in three of mastercards major regions - US, Australia and Britain. “We have big plans to blitz sale (achieve lightening-fast growth) in the US once we achieve product market fit. Based on other scale-ups around the world such as Revolution, Monzo and N26we believe we can scale up to over 3 million customers within the first five years in the US alone”
elsewhere they talk about first target being 10000 customers a month for three months earning $100,000 - so that implies to me $10 per subscription. So US alone after 5 years, potentially 3,000,000 x $10 x 12 months = $360,000,000 revenue US subscriptions alone.
ok of course a whole heap of what ifs and variables, but there’s the interchange fees and deposits for starters and then multiply by say 3 countries or more....? Yes it’s speculative, yes there’s no fundamentals yet, but yes I’m in to see what happens.
a lot could go wrong but I just feel like a lot more might go right.
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