01Solutions / Telco-Fintech

Banks have capital.
Telcos have the customer.
Coreal makes the bridge.

A telecom subscriber tops up phones, pays utilities, and worries about family abroad — inside an app they already trust. Coreal's platform turns that habit into a regulated financial relationship, without the telco having to become a bank.

Reachable telecom base

10–15M

daily reach

Regional secondary market

~2–3M

regional anchor

Coreal cards already issued

100k

wallet primitives

JV time-to-Wave-1

90 days

partner-led MVP

02Inside the experience

Three flows.
Three things the user actually does.

WAVE 1

Family top-up — same login

1Tap "Sister · London" in Family widget

2Confirm $ 6.00 with FaceID

3Posted to ledger · 38ms · receipt to chat

WAVE 2

Card-to-card with telco-aware risk

1User initiates card-to-card €420

2Risk: SIM age 4y · device known · roaming = home

3Auto-approve · score 0.04 · no step-up

Risk model fed by telco signals under explicit consent.

WAVE 3

Regional SME — QR + payouts

1Merchant onboards via telecom SIM identity

2QR live in 8 minutes · locally licensed

3Daily payout to merchant IBAN · reconciled

SIM + connectivity + payments as one B2B bundle.

03Synergy map

What each side actually brings to the table.

What they bring

Telecom partner + Holding

distribution · brand · capital · regulated standing

DST-1Primary telecom app

10–15M users · daily channel

DST-2Regional telecom partner

secondary market · regional anchor

DST-3Telco billing rails

recurring · dunning · activation

DST-4Brand & trust

low-CAC, high adoption

DST-5Telco data signals

SIM age · recharge · device · roaming

DST-6Retail / agent footprint

KYC support · device finance · cash

DST-7Regulator standing

FCA · BaFin · ECB · enterprise relationships

S-01

Distribution × product

Telecom app traffic + Coreal wallet primitives → low CAC

S-02

Billing × wallet

Telco bills become a financial habit → autopay attach, churn ↓

S-03

Telco data × risk

SIM/recharge/device + Coreal risk → fraud ↓, BNPL underwriting ↑

S-04

BPM × compliance

Workflow engine + human gates + audit replay → faster onboarding

S-05

Ledger × multi-provider

Single core + PSP/BaaS/CASP gateway → provider portability

S-06

Multi-region

Primary + regional telco + EU EMI → cross-border family flows

S-07

SME × payments

SIM/GPON + QR/payment links → B2B retention + merchant rev

S-08

Holding capital × Coreal IP

Capital + tech → faster than bank build, safer than wallet

What they bring

Coreal

fintech operating system · IP · execution

TEC-1Core banking ledger

double-entry · audit-grade

TEC-2Wallet & mobile backend

transactions · cards · IBAN · QR

TEC-3Payment orchestration

12 providers behind one gateway

TEC-4BPM (workflow engine)

onboarding · review · disputes

TEC-5KYC / KYT / AML

OCR · liveness · sanctions · KYT

TEC-6IAM / SSO

tenant tokens · role separation

TEC-7AI orchestrator

bounded · journaled · replay

04Measurable synergy

Eight effects.
None of them are slideware.

CAC reduction

−68%

vs. standalone fintech

Distribution × product

Onboarding time

38s

p95, KYC inherited

BPM × compliance

Fraud / chargeback

−42%

vs. industry baseline

Telco data × risk

Autopay attach

+34pp

on paid packages

Billing × wallet

Provider failover

< 200ms

one gateway, many vendors

Ledger × multi-provider

Cross-border flow

home↔EU

family/diaspora corridors

Multi-region × EMI

SME activation

8 min

SIM identity inherited

SME × payments

Time-to-Wave-1

90 days

partner-led

Capital × IP

05Business case

From 110M subscribers
to a €370M financial-services line.

Conservative model on the anchor telco's existing footprint — no greenfield acquisition. Funnel and ARPU benchmarks are industry medians (Revolut, N26, Wise, Trade Republic), not partner data.

· YEAR 3 · CONSERVATIVE ·

CONVERSION FUNNEL · ANCHOR TELCO BASE● 7.0M paying

F1Mobile subscribers (anchor markets)

110.0M

100%

Telco anchor footprint, blended postpaid + prepaid

F2Addressable (≥18, smartphone, banked or near-banked)

78.0M

71%

After age, device and KYC-eligibility filters

F3Financial app installs

23.4M

30% of addressable

In-app banner + SIM-bind one-tap onboarding

F4KYC-passed actives (MAU)

11.7M

50% of installs

Tier-1 KYC pass-through, 4-min median

F5Paid-product attach (≥1 financial product)

7.0M

60% of MAU

Card OR cross-border OR invest OR crypto

BLENDED ARPU UPLIFT

On the financial cohort.

TELCO-ONLY ARPU

Voice + data baseline

€11

FINANCIAL-SERVICES ARPU

Across cards · FX · invest · crypto

€53

BLENDED (TELCO + FINANCE)

+5.8× per active financial user

€64

YEAR 3 · ANNUALISED

€370Mnet financial-services revenue

7.0M paying users × €53 blended fin-ARPU

Four product lines.
Each with its own ARPU and unit economics.

· REVENUE MIX · YEAR 3 ·

P1 · EMBEDDED PAYMENTS

Cards & wallet

ATTACH

64%

USERS

4.5M

ARPU

€38/yr

REVENUE DRIVERS

Interchange (1.4–1.8%), FX margin (0.4%), card-issuance fee, ATM out-of-network

↳ N26 / Revolut Standard tier · €30–45 ARPU

P2 · REMITTANCE & FX

Cross-border payments

ATTACH

28%

USERS

2.0M

ARPU

€54/yr

REVENUE DRIVERS

Diaspora corridors, SME B2B, FX spread (0.5–1.2%), fixed transfer fees

↳ Wise active customer · ~£60–80/yr · we model below

P3 · WEALTHTECH

Investments (DCA · roboadviser)

ATTACH

11%

USERS

770k

ARPU

€72/yr

REVENUE DRIVERS

AUM fee (0.45%), spread on FX-equity, securities-lending share, premium tier

↳ Trade Republic / Lightyear · €60–90/yr blended

P4 · RING-FENCED

Crypto · CASP (Wave 5, gated)

ATTACH

USERS

420k

ARPU

€86/yr

REVENUE DRIVERS

Trading spread (0.6–1.0%), conversion fee, staking share

↳ Bitpanda / Coinbase retail · €70–110/yr · MiCA-licensed

06Inside the telecom Financial Hub

Embedded.
Not bolted on.

The Financial Hub lives where the user already pays for connectivity. Same login, same identity, same trust. The wallet, cards and payments are Coreal-powered — but the surface is the telecom partner's brand all the way.

Top-up & autopayWave 1

Family pay & utility billsWave 1

Wallet balance & card-to-cardWave 2

Regional SME QR & remittanceWave 3

EU IBAN & diaspora flowsWave 4

9:41● ● ●

Good afternoon, Mykhailo

Financial Hub

Wallet · UA · IBAN UA21…

$ 117.57

Top upTransferQR

Quick actionspowered by Coreal

📶

Mobile

🏠

Utilities

👨‍👩‍👧

Family

🌐

GPON/TV

Recent

Mobile · autopay

14:42

− $ 5.85

Family transfer

12:18

− $ 12.20

Top up from bank

yesterday

+ $ 73.20

07Revenue model

Multi-pool, sequenced.

Pool Awave 1–2

Payment margin

Utilities, card-to-card, bill payments, merchant payments. Low CAC via the telecom app.

Mass · low margin

Pool Bwave 1

Autopay + telco uplift

Reduced churn, higher renewal on paid packages. Effect lands on telco P&L, not the JV.

Defensive · ARPU+

Pool Cwave 2–3

Card economics

Interchange on virtual & physical cards, premium tiers, FX margin.

Mid · scale-driven

Pool Dwave 2–3

Device & BNPL financing

Phones, routers, GPON, smart-home — telco data sharpens underwriting.

Targeted · credit

Pool Ewave 3

SME QR & merchant

Connectivity + payments bundle. SIM + GPON + QR + payouts. Sticky B2B.

B2B · recurring

Pool Fwave 3–4

Remittance corridors

EU↔UA, AZ↔UA/EU diaspora flows. Telco identity beats generic remitters.

Cross-border

Pool Gwave 4

Premium subscription

FX, insurance, support, family bundles. Classic consumer fintech monetization.

High-ARPU

Pool Hwave 4–5

Platform licensing

White-label fintech-as-a-service for the holding group and partners.

B2B platform

INDICATIVE · WAVE 2

1.5M

active fintech-users inside the telecom app

NET REV / USER

$ 0.60–1.00 /mo

blended across pools, before retention uplift

ANNUALIZED

$ 11–18 M

incremental, before churn / GPON / device finance

Banks have capital.Telcos have the customer.Coreal makes the bridge.

Three flows.Three things the user actually does.

Family top-up — same login

Card-to-card with telco-aware risk

Regional SME — QR + payouts

What each side actually brings to the table.

Telecom partner + Holding

Coreal

Eight effects.None of them are slideware.

From 110M subscribersto a €370M financial-services line.

On the financial cohort.

Four product lines.Each with its own ARPU and unit economics.

Cards & wallet

Cross-border payments

Investments (DCA · roboadviser)

Crypto · CASP (Wave 5, gated)

Embedded.Not bolted on.

Multi-pool, sequenced.

Payment margin

Autopay + telco uplift

Card economics

Device & BNPL financing

SME QR & merchant

Remittance corridors

Premium subscription

Platform licensing

Banks have capital.
Telcos have the customer.
Coreal makes the bridge.

Three flows.
Three things the user actually does.

Eight effects.
None of them are slideware.

From 110M subscribers
to a €370M financial-services line.

Four product lines.
Each with its own ARPU and unit economics.

Embedded.
Not bolted on.