Brace yourself...21 Jan 2025 10:23
Overall, a sponsor bank supporting one million consumer accounts and 300,000 commercial accounts could generate more than $40 million in revenue annually—roughly $15 per consumer account and $71 per commercial account.
So assuming this and a P/E of 8 we should be at £240m mcap on one customer.
Annual running costs of supporting the customer is about $2.5m
This is just the first....
Also 8 is very conservative, Fintech i usually 15-20x revenue
That puts it at £450-600m mcap
Current mcap £35m.