MERIDIAN GLOBAL FINANCE

How this makes money — a model you can drive.

The rest of this site shows what the system does. This page addresses the question that follows: where revenue comes from, and what volume it takes to cover a cost base. It is deliberately built as a calculator rather than a forecast — every assumption below is yours to set, and nothing here is a projection of what Meridian expects to achieve. Change the inputs and the whole model recomputes.

Your assumptions, not our forecast Fee rate matches the documented 0.05% Benchmarks are sourced, not invented Pre-revenue — nothing here has been earned

Where revenue comes from

Four lines, only the first of which is demonstrated working elsewhere on this site. The rest are structural rather than built, and are marked as such.
LineBasisStatus
Settlement fee
Charged to the sender on every transfer, on top of the amount sent		0.05% of valueBuilt and demonstrated
Merchant acquiring
Card and account payments taken by businesses on the network		Per transactionTerminal demonstrated; pricing not set
Custody and vaulting
Holding allocated gold behind ASC balances		Basis points on assetsStructural — not built
Institutional access
Banks connecting to the network under participation terms		Licence or subscriptionStructural — not built
The model below deliberately uses only the settlement fee. Modelling revenue lines that have neither pricing nor a built product would be guessing, and a reviewer would treat it as such. If the business works on the fee alone, the others are upside rather than load-bearing.

The model

Set the assumptions. Everything recalculates immediately.

Your assumptions

Start from a benchmark, then adjust.
Cross-border business payments typically run far higher than retail card spend.
0.05% is the documented rate used throughout this site.
Team, thirteen hub operations, compliance, infrastructure, licensing.
Hubs are staffed and locally regulated; they are not free to run.
Annual value settled
—
Gross fee revenue, annual
—
Before hub costs
Net revenue retained
—
Operating result
—
Breakeven
—
Cost to the payer
—
On the average transaction above. Worth comparing against what a correspondent chain costs the same payer today, in both fees and days of float.
For scaleThroughputSource
SWIFT, record day68M messages/daySWIFT, 2025
SWIFT, average~790 msg/secderived from the above
Visa, actual average~2,000 TPSpublic reporting
Visa, seasonal peak~11,000 TPSpublic reporting
Your assumption—set above

What the raise buys

Set against the £25M facility described on the investor overview. This is the cost side of the same equation; the model above is the revenue side.
TrancheAmountCondition
On close£15MEchelon Chain build, banking-services integration, DIFC Innovation Licence, core team
Milestone-gated£10MReleased against stress-test completion and DFSA authorisation progress
Within the above£2MFounder establishment and the on-site development and test lab
The milestone gate matters to the model: the second tranche is tied to demonstrated stress-test performance, not to a date. That is the same discipline this site applies everywhere else — capital follows evidence rather than assertion.

What this page is, and isn't

What's real here

The arithmetic is real and runs in your browser: change any input and every figure recomputes, so you can test the model against your own assumptions rather than ours. The 0.05% fee is the rate documented in the ESTC codex and charged in the working settlement and merchant demonstrations on this site. The benchmark throughput figures are drawn from public reporting on SWIFT and Visa, and are labelled with their source rather than presented as our own analysis. The capital structure matches the investor overview.

What this is not

This is not a forecast, a projection, or a representation of expected performance. Meridian is pre-revenue: nothing modelled here has been earned, and no customer has ever paid a fee. The default inputs are illustrative starting points chosen to be legible, not predictions — and a reviewer should change them. Only the settlement fee is modelled; the other revenue lines are named honestly as structural rather than built. Operating cost is a single input rather than a bottom-up build, because a detailed cost model at this stage would imply a precision that does not exist. Nothing on this page is an offer or a solicitation.