Annex 2 — Annual Budget for Legal and Accounting Services
Legal Entity and Bank Account Support
€20,000
Payment Systems
€20,000
Taxes and Optimization
€30,000
Outsourced Accounting Services
€30,000
Total: €100,000
Annex 3 — Annual Marketing Budget
Annex 4. Annual Hardware and Software Budget
Investor Commentary on IT Budget
All expenses are aimed at creating a stable, secure, and scalable infrastructure.
The budget covers both core office and team operations, as well as key tools for analytics, development, and monitoring, which is critical for a B2B service that sells analytical products to forex brokers.
Annex 5. Annual Loyalty Budget
Investor Commentary on Loyalty Program
The program is aimed at retaining and motivating key employees, enhancing their professional development and well-being, and fostering a strong corporate culture.
This approach increases productivity and reduces the risk of staff turnover, which is critical for a company focused on B2B sales and analytical product development.
2026 Budget Summary
Let's calculate the total budget across all Annexes for Bondah for 2026, based on the provided data. I will convert everything to a single currency to get the total investment amount needed.
For the first year, approximately €1.590 million is required to cover all expenses for the team, marketing, infrastructure, legal support, and employee loyalty.
The remaining amount of €0.410 million EUR will be allocated for 2027.
Financial Investment Strategy
€2M → distribution according to actual needs for 2026 and 2027:
Working AI platform generating 4-5M articles/month using 12+ technical analysis methods: €2.5M
Desktop application with MT5 integration: €800K
CMS and auxiliary products: €600K
Total development: €3.9M
2
Founder's Investments
Actual development costs since 2018: €500K
Time and expertise (6 years of development): €300K
Total founder's contribution: €800K
3
Team and Expertise
Assembled team of 10 experts: €400K
Accumulated expertise in the FX industry: €300K
Total human capital: €700K
4
Market Position and Customer Base
5 active clients with confirmed demand: €200K
Unique market position with weaker competitor solutions: €500K
Access to an €18M SAM market: €300K
Total market assets: €1.0M
5
Future Potential
NPV of projected revenues (25% discount): €2.1M
Total €8.5M Pre-money valuation + €2M investment = €10.5M Post-money (19% for €2M)
Valuation Justification: 7 Factors
Why €8.5M pre-money is fair:
Costs (Replacement Cost)
Over €500K+ of own funds already invested
Replicating the product, team, and infrastructure would cost at least as much and take years
Market Multiples
Fintech+AI startups at late seed stage are typically valued at: €8–15M
Our valuation is at the lower end of the market = additional upside
Traction & ARR Forecast
Projected ARR €3.24M by 2026
With 8–12× ARR multiples = €8–12M valuation is typical
Access to a €75.6M SAM market across B2B and B2C segments
Investor ROI: €14.1M by end of 5th year
4. Technology and IP
Unique Fintech+AI solution
Similar R&D in corporations costs millions
5. Expert Team
Experience in Fintech, Trading, AI development
Rebuilding would cost more than the entire €2M round
6. TAM–SAM–SOM Potential
Market €850M.+, even 1% niche = millions in revenue
Current €10.5M post-money valuation is highly conservative
7. Equity Structure
19% for €2M = balanced distribution
Significant share for investor + team motivation for Series A, important to retain % for Series A.
2026 Budget Summary
Let's calculate the total budget for all Annexes for Bondah for 2026, based on the provided data. I will convert everything to a single currency to get the total investment amount that needs to be raised.
€802K
Annual Salary Budget
€100K
Legal and Accounting
€420K
Marketing
€148K
Software and Servers
€120K
Employee Loyalty Program
Thank you for your attention!
We welcome proposals and questions from investors via the following contacts: