Solana Agent: Modern Business Platform
Investment Whitepaper – Alliance DAO & Circle Grant Applications
Executive Summary
Solana Agent is a secure, mobile-first platform for businesses, built for service businesses—locally or globally. With instant stablecoin payments, AI-powered AR/AP automation, and integrated CRM, Solana Agent enables businesses to send invoices, manage receivables/payables, and get paid faster. The platform is in development for the Solana Mobile Hackathon and will be ready to deploy to any service business before Aug 4th 2025.
Why Solana Agent?
- ✅ In development: launching before Aug 4th 2025
- ✅ Sellable to any service business, local or global
- ✅ Instant stablecoin payments (USDC & EURC)
- ✅ AI-powered AR/AP chat agent
- ✅ File uploads for invoices & contracts
- ✅ Early payment discounts & late payment interest
- ✅ Due dates, reminders, and analytics
- ✅ CRM with client chat & notifications
- ✅ 23 currencies, 2 stablecoins, 1 global platform
- ✅ Self-custody wallet security
The Business Payments Opportunity
Service Businesses & Remittances Need Better Payments
Market Size
- • 400M+ global service businesses & freelancers
- • $120T+ B2B payments volume worldwide
- • $3T+ annual late payment penalties
- • 60% of SMBs cite cash flow as top concern
Why Now?
- • Stablecoins enable instant, borderless settlement
- • AI automation reduces AR/AP overhead
- • Traditional invoicing is slow, costly, and error-prone
- • Businesses demand faster, smarter payment tools
Product Differentiation
Business Platform
Core Features
- • Instant stablecoin payments (USDC & EURC)
- • Payment links & professional invoicing
- • Business payments with stablecoins
- • AI-powered AR/AP chat agent
- • CRM with client chat & notifications
- • File uploads (PDFs, contracts, receipts)
- • Early payment discounts & late payment interest
- • Due dates, reminders, and analytics
Security & Compliance
- • Self-custody wallet security
- • End-to-end encrypted messaging
- • No platform custody of funds
- • GDPR & privacy-first design
Competitive Analysis
| Feature | Solana Agent | Stripe | PayPal |
|---|---|---|---|
| Instant Stablecoin Payments | ✅ | Partial | ❌ |
| AI AR/AP Chat Agent | ✅ | ❌ | ❌ |
| Early Payment Discounts | ✅ | Manual | Manual |
| Interest on Late Payments | ✅ | Manual | Manual |
| File Uploads (PDFs, Contracts) | ✅ | Partial | Partial |
| CRM & Client Chat | ✅ | Partial | Partial |
| Global Currencies | 23 | Limited | Limited |
| Self-Custody Security | ✅ | ❌ | ❌ |
Self-Custody & Regulatory Advantage
Unlike traditional payment processors, Solana Agent never takes custody of user funds. This self-custody approach eliminates KYC requirements, reduces regulatory overhead, and preserves user privacy while maintaining full compliance.
🔒 No KYC Required
Direct wallet-to-wallet payments mean no identity verification needed:
- •Start using immediately with just email
- •No personal documents or financial history required
- •Complete financial privacy for users
- •Faster onboarding vs. traditional processors
⚖️ Regulatory Benefits
Self-custody eliminates major compliance burdens:
- •No money transmission licenses required
- •No AML/KYC compliance obligations
- •Reduced operational compliance costs
- •Global deployment without jurisdiction restrictions
🎯 How It Works
📱
1. Business Creates Invoice
Using Solana Agent's interface and AI tools
🔗
2. Client Receives Link
Payment link sent via email or chat
⚡
3. Direct Payment
Wallet-to-wallet transfer, no intermediary
Key Advantage
Solana Agent provides the interface, invoicing, AI automation, and CRM—but never touches the funds. This preserves the decentralized, permissionless nature of crypto while adding business-friendly features.
🚀 Competitive Moat
While competitors like Stripe require extensive KYC and money transmission licenses, our self-custody approach allows instant global deployment with minimal regulatory friction—a significant time-to-market and cost advantage.
Revenue Model & Unit Economics
Clear Revenue Streams
- Payment Processing: 2.5% on all transactions
Competitive vs. traditional 2.9% credit card fees
- Token Swaps: 1.25% swap fee
Lower than most DEX aggregators (1-2%)
- Zero Business Fees: Creates business acquisition advantage
Unit Economics
- • CAC: $10.29 (consumer) / $1,432 (business customers)
- • Monthly costs per 1K users: $300
- • LTV: $126 (consumer) / $11,250 (business)
- • LTV/CAC Ratio: 3:1 (consumer) / 8:1 (business)
- • Gross Margin: 70% (after infrastructure costs)
- • Average transaction: $100 (industry research)
- • Revenue per transaction: $2.50
*Based on fintech industry research. Consumer LTV/CAC of 3:1 matches industry benchmark. Business metrics reflect enterprise sales cycle and higher retention rates.
Financial Projections
Projections benchmarked to hel.io's proven growth: 6,000 merchants, 2M users, and $2.4B payment volume in 3 years. Solana Agent's conservative scenario matches this, while the optimistic scenario reflects our broader feature set (AI AR/AP, CRM, stablecoins, web + mobile) and faster go-to-market.
| Metric | Year 1 | Year 2 | Year 3 |
|---|---|---|---|
| Conservative Scenario (Match hel.io) | |||
| • Merchants | 1,000 | 3,500 | 6,000 |
| • Users | 100K | 800K | 2M |
| • Payment Volume | $480M | $1.4B | $2.4B |
| • Revenue (2.5% fee) | $12M | $35M | $60M |
| Optimistic Scenario (Broader Solution) | |||
| • Merchants | 2,000 | 7,000 | 12,000 |
| • Users | 200K | 1.5M | 4M |
| • Payment Volume | $960M | $2.8B | $4.8B |
| • Revenue (2.5% fee) | $24M | $70M | $120M |
Conservative scenario matches hel.io's 3-year trajectory. Optimistic scenario reflects Solana Agent's broader feature set, cross-platform reach, and faster scaling potential. See unit economics model for details.
Go-to-Market Strategy
Phase 1: Local Service Businesses
- • Direct sales to local agencies, freelancers, and consultancies
- • Partner with accounting/bookkeeping firms
- • Partner with Chamber of Commerces
- • Partner with Superteam
- • Demo at local business events and online webinars
- • Create case studies showcasing successful implementations
- • Develop targeted marketing materials for local businesses
- • Utilize social media (LinkedIn and X) content/ads and SEO for visibility
Phase 2: Scale Globally
- • Expand to global markets via partnerships and advertising
- • Leverage Solana ecosystem for cross-promotion
- • Build referral programs for existing users
- • Participate in industry events and conferences
- • Launch targeted ad campaigns in key international markets
- • Update apps with localization to support multiple languages
Team & Execution Record
Bevan Hunt - Founder/CEO
- • 20+ years software development experience
- • Solana ecosystem developer since 2021
- • Built and open-sourced Solana Agent framework
- • Proven execution: shipped functional mobile app in 2 weeks
- • Strong technical background: mobile, security, blockchain
Immediate Hiring Plan (With Funding)
- • Sales & onboarding specialist
- • Senior Expo developer
- • Advisory board: B2B payments & SaaS experts
- • Community management team
Exit Strategy (3-5 Years)
Solana Agent is positioned for strategic acquisition by financial services giants or a potential IPO, driven by our AI-powered business platform and proven revenue growth.
🏢 Strategic Acquisition
Prime acquisition targets with clear strategic fit:
- •Stripe: Add crypto payments & AI automation to their platform
- •Square: Integrate self-custody mobile payments for SMBs
- •PayPal: Modernize with instant stablecoin settlements
- •Coinbase: Add business payments to their crypto ecosystem
- •QuickBooks (Intuit): Native crypto accounting integration
📊 IPO Pathway
Strong fundamentals for public markets:
- •Recurring SaaS-like revenue model
- •$120M+ projected revenue by Year 3
- •High-margin (70%) AI-powered platform
- •Proven business model (benchmarked to hel.io)
- •Global market opportunity in B2B payments
💰 Valuation Drivers
Revenue Multiples
• Fintech companies: 8-15x revenue
• AI/automation platforms: 10-20x
• Conservative 10x on $120M = $1.2B valuation
• AI/automation platforms: 10-20x
• Conservative 10x on $120M = $1.2B valuation
Strategic Premium
• First-mover in AI business payments
• Self-custody regulatory advantage
• Mobile-native Solana integration
• 20-50% premium for strategic value
• Self-custody regulatory advantage
• Mobile-native Solana integration
• 20-50% premium for strategic value
Market Comparables
• Stripe: $95B valuation
• Square: $40B+ public market cap
• Our niche: AI + crypto + mobile
• $1B-$1.5B+ exit potential
• Square: $40B+ public market cap
• Our niche: AI + crypto + mobile
• $1B-$1.5B+ exit potential
🎯 3-Year Exit Target
With $120M ARR, proven AI differentiation, and strategic partnerships, Solana Agent will be positioned for a $1B-$1.5B+ acquisition or successful IPO by Year 3-5.
Risk Analysis
While Solana Agent offers significant opportunities in modernizing business payments through stablecoins and AI automation, it is essential to acknowledge and address potential risks. This section outlines key risks across various categories and our mitigation strategies.
⚠️ Market Adoption Risks
- Low Initial Adoption and User Education BarriersService businesses, particularly non-tech-savvy ones like local freelancers or agencies, may resist adopting stablecoin payments due to unfamiliarity with cryptocurrencies. Despite stablecoins enabling instant, borderless settlements, only a fraction of the $120T B2B payments market has shifted to them.
- Competition from Established PlayersPlatforms like Stripe and PayPal dominate B2B invoicing, with partial stablecoin support emerging. Our differentiation in AI AR/AP and self-custody may not suffice if competitors accelerate crypto adoption.
- Economic Downturns Affecting Service BusinessesWith 60% of SMBs citing cash flow concerns, a recession could reduce transaction volumes, impacting our 2.5% fee revenue model.
🔧 Technical and Network Risks
- Solana Blockchain Stability (Historical Context)While Solana experienced outages in 2021-2022 (including 17-hour downtime in Sep 2021), the network has run consistently for over 12 months without major incidents. Recent improvements to validator software and network architecture have significantly enhanced reliability. However, as with any blockchain infrastructure, we maintain monitoring for potential disruptions.
- Network Congestion During High ActivityDuring periods of extreme activity (meme coin launches, NFT drops), Solana can experience congestion affecting transaction success rates. While this rarely impacts business payment flows, we monitor network conditions and use a staked RPC provider to ensure reliability and performance.
- Ecosystem Dependency RisksOur integration with Solana's ecosystem (wallets, RPCs, stablecoin infrastructure) creates dependencies upon service providers.
⚖️ Regulatory and Compliance Risks
- Evolving Stablecoin RegulationsUnregulated stablecoins pose financial stability risks if reserves are inadequate, with potential bans or strict oversight in jurisdictions like the EU or US. Our self-custody model avoids KYC/AML obligations, but regulatory shifts could impose new requirements.
- Jurisdictional VariabilityCross-border payments amplify risks from inconsistent rules, such as counterparty exposure or FX regulations.
- Privacy vs. Protection Trade-offsWhile GDPR-compliant and privacy-first, stablecoins may offer less consumer protection than fiat systems, heightening fraud risks.
🔒 Security and Fraud Risks
- Cybersecurity VulnerabilitiesSelf-custody wallets are prone to key management failures, phishing, or malware if the key is exported from Solana Agent. Platform features like file uploads (PDFs/contracts) could be exploited for malicious content.
- Fraud and Scam ProliferationSolana's ecosystem includes rug pulls and scams, which could tarnish our reputation if users associate us with broader fraud. B2B stablecoin fraud includes account takeovers and unauthorized payments.
💼 Operational and Financial Risks
- Team and Execution ChallengesAs a solo-founder project with planned hires, delays in scaling could miss launch timelines or growth targets. Unit economics assume specific CAC, but real-world acquisition may exceed this amid competition.
- Financial Projections UncertaintyOptimistic scenarios ($120M revenue by Year 3) benchmark to hel.io but overlook market volatility; market crashes could decrease revenue.
- Supply Chain DependenciesReliance on Circle for stablecoins exposes us to their risks, such as reserve mismanagement.
🛡️ Mitigation Strategies
- Proactive Monitoring and RedundancyUse a staked RPC provider to ensure reliability and performance.
- Regulatory Compliance RoadmapEngage legal experts for ongoing monitoring and build flexible KYC options if needed. Partner with compliant entities like Circle.
- User-Centric Security EnhancementsEducate users via tutorials and enforce multi-factor authentication.
- Diversification and Contingency PlanningAllocate 10% of funding to reserves for emergencies. Target crypto-friendly users first to build momentum.
- Validation StrategiesConduct customer discovery interviews, MVP testing with pilot users, and continuous metrics tracking for product-market fit.
- Insurance and PartnershipsExplore cyber insurance and alliances with Solana ecosystem players for shared risk management.
Funding Requirements
Total Raise: $550K
12-month runway for accelerated growth
Alliance DAO: $450K
Investment for ecosystem partnerships
Circle Grant: $100K
Stablecoin integration optimization
Use of Funds
40% Product Development ($220K)
- • AR/AP AI agent enhancements
- • CRM and analytics features
- • Mobile/web app optimization
- • Security and compliance
30% Marketing & Sales ($165K)
- • Local business outreach
- • Crypto business partnerships
- • Online demos and webinars
- • Community building
20% Operations ($110K)
- • Team expansion (2 key hires)
- • Infrastructure and hosting
- • Legal and operational expenses
- • Mobile/web development tools
10% Reserves & Contingency ($55K)
- • Emergency funding buffer
- • Unexpected opportunities
- • Market condition adjustments
Conclusion
Solana Agent is the fastest way for any service business to modernize payments, automate AR/AP, and get paid instantly—locally or globally. With a soon to be live product, proven execution, and a clear go-to-market, we’re ready to scale business payments for the next generation.
With Alliance DAO and Circle’s support, Solana Agent will become the definitive platform for secure, instant, and intelligent business payments worldwide.