All systems nominal
TEE Attestation Active
Business Plan · Investor-Ready
ARC42 v15.0+ · BIAN v14.0 · DORA · ISO 20022
[ DOCUMENT: International Business Plan · INVESTOR-READY ]
Series A · $15M Raise · $368M ARR Target

Verity
Business Plan

The Definitive Banking Operating System for the Agentic, Quantum, and Sovereignty Era

Verity is the world's first mathematically verified, agent-native, and quantum-ready core banking operating system. Delivered as a single sovereign binary deployable on any infrastructure — including fully air-gapped environments — Verity is engineered for the convergence of three generational shifts: the agentic AI economy, the post-quantum cryptography migration, and the regulatory demand for digital operational sovereignty.

01 · Executive Summary
A Generational Infrastructure Company

The core banking software market reached $32.4 billion in 2025 and is projected to grow to approximately $50 billion by 2030. Verity targets the most demanding tier: regulated financial institutions requiring sovereign deployment, formal verification, and native support for AI agents as first-class banking customers. Verity has a production-ready platform (VCBP v15.0+), a tiered pricing model ($600K–$2.8M perpetual license plus 20% annual continuous assurance), and a roadmap of five modular extensions that collectively unlock a $368M ARR opportunity by Year 3. Ask: $15M Series A to fund regulatory certification, the build-out of five expansion modules, and initial go-to-market execution over 24 months.

$32.4B
Core Banking Market 2025
→ $50B by 2030
$368M
Year 3 ARR Target
5-module expansion stack
$15M
Series A Raise
24-month runway
10⁻¹⁸
Attack Probability
Mathematically bounded
02 · The Product
What Verity Is Today
Architecture
ARC42 v15.0+ Microkernel
Capability-based security model. Zero ambient authority. Every operation requires an unforgeable PASETO v4 token. 328 BIAN v14.0 service domains. ISO 20022 CBPR+ native messaging.
KERNEL-ENFORCED
Verification
TLA+ / Lean 4 Formally Verified
Merkle-proofed, append-only double-entry ledger with runtime model checking. Compile-time regulatory enforcement via ASL — products that violate regulations cannot compile. Continuous theorem validation pipeline (VTVP).
MATHEMATICALLY PROVEN
Security & Deployment
Sovereign Single Binary
Single Rust binary. Air-gap capable. Bare-metal or Kubernetes. Concurrent multi-TEE (Intel TDX + AMD SEV-SNP) with automated CVE failover. NIST FIPS 203/204/205 post-quantum cryptography. Zero cloud dependency.
10⁻¹⁸ ATTACK PROBABILITY
Current Pricing Model (Public)
TierLicense (Perpetual)Continuous Assurance (Annual)Target Segment
Institutional$600,000$120,000/yrCommunity banks, credit unions, small regionals
Professional$1,400,000$280,000/yrMid-tier regionals, large credit unions, challenger banks
Sovereign$2,800,000$560,000/yrCentral banks, G-SIBs, sovereign wealth funds, defence
Platform Invariant · TLA+ Verified at Compile Time
"The Conservation of Value invariant — Σ entries = 0 — is verified at compile time and continuously validated at runtime. No path exists by which funds can be created, destroyed, or double-spent. Fifteen independently verifiable architectural world firsts in a single platform."
TLA+ Verified
Lean 4 Type-Checked
Runtime Model Checker Active
Merkle Proof Per Transaction
NIST FIPS 203/204/205
03 · Literature Review & Market Analysis
Converging Market Tailwinds
$44.5B
Agentic AI Market 2030
44% CAGR
$33T
Stablecoin TX Volume 2025
B2B +733% YoY
$51.6B
RegTech Market 2030
17.3% CAGR
$1.3T
Embedded Finance 2030
33.1% CAGR
$320.7B
Cross-Border Payments 2030
7.1% CAGR
Revenue Projection (5-Year)
Market Growth Rates by Segment (CAGR %)

Agentic AI in Banking: $490.2M (2024) → $4.49B by 2030 (45.4% CAGR). Fiserv launched agentOS in May 2026; Anchorage Digital launched "Agentic Banking" same month. The 1A1A paradigm is now being articulated independently by multiple players, validating Verity's architectural head start. Stablecoins: $33T on-chain volume in 2025, surpassing Visa + Mastercard combined. B2B stablecoin payments surged 730%. Citi projects $1.9T market cap by 2030. PQC Migration: Regulatory signals from USA, UK, EU, Canada, and Australia converge: migrate now. Verity is the only core banking platform with NIST FIPS 203/204/205 integrated at the ledger level. RegTech: $19.8B → $51.6B by 2030. Verity's compile-time regulatory enforcement (ASL) transforms compliance from a post-hoc audit cost into a structural property of the software.

TAM / SAM / SOM ($Billions)
Year 3 Revenue Mix by Module
04 · Competitive Analysis
Verity's Defensible Moat
Fiserv agentOS
AI-enhanced legacy platform. AWS Bedrock AgentCore integration. Launched May 2026, full availability August 2026. Focus: internal bank workflow automation. No formal verification, no sovereign single-binary deployment, no capability-based microkernel. Verity advantage: agentOS is an AI orchestration layer on legacy infrastructure; Verity's 1A1A framework is built into the kernel.
Thought Machine Vault Core
Smart-contract banking core. Strong composability. Trusted by Tier 1 banks including JPMorgan and Lloyds. No TLA+ verification, no agent-native identity, no concurrent multi-TEE trust layer. SaaS subscription pricing. Verity advantage: Formal verification, air-gap deployment, agent-native architecture.
Mambu
Cloud-based SaaS core banking for fintechs and banks. Claims 35–50% cost reduction vs. legacy. Freemium entry point. No formal verification, no agent-native features, no air-gap support. Verity advantage: Mambu targets the low-to-mid market; Verity targets the high-assurance sovereign tier.
Temenos
Average annual contract ~$518K. Mid-market implementations: $8–15M initial licensing + $2–4M annual maintenance. Implementation: 18–36 months. Verity advantage: Verity's perpetual license at $600K–$2.8M delivers significantly lower TCO.
Anchorage Digital
Federally chartered crypto bank. Launched "Agentic Banking" May 2026 with Google Cloud. 20 financial institutions queued for stablecoin issuance. Crypto-first. Verity advantage: Anchorage is crypto-first; Verity is banking-first with optional tokenized deposit capabilities. Anchorage requires Google Cloud; Verity deploys anywhere.
10x Banking
Cloud-native "meta core" platform. Volume-based SaaS pricing. No formal verification, no agent-native features. Verity advantage: Formal verification, sovereign deployment, broader service domain coverage (328 BIAN domains).
Competitive Positioning Matrix
CapabilityVerityFiserv agentOSThought MachineMambuTemenosAnchorage
Formal Verification (TLA+/Lean 4)
Capability-Based Microkernel
Agent-Native (1A1A)✓ Native◐ Orchestration✓ Agentic Banking
Post-Quantum Cryptography✓ NIST FIPS
Concurrent Multi-TEE✓ TDX + SEV-SNP
Air-Gap Sovereign Deployment✓ Single binary◐ Limited
BIAN v14.0 (328 Domains)✓ Full◐ Partial◐ Partial◐ Partial◐ Partial
Compile-Time Reg Enforcement✓ ASL
Pricing Transparency✓ Public page◐ Partial
Competitive Capability Radar
5-10 Year Moat
Formal verification cannot be retrofitted into existing codebases. TLA+ model checking and Lean 4 theorem proving represent a multi-year engineering investment no competitor has undertaken.
Kernel-Level Security
Zero ambient authority is a kernel property. No monolithic or microservices architecture can add this post-hoc without a complete rewrite.
Compile-Time Compliance
ASL makes regulatory compliance a compilation target. No other platform offers this. It transforms compliance from procedural to structural.
Multi-TEE Trust
Concurrent Intel TDX + AMD SEV-SNP with automated CVE failover. No single-vendor TEE lock-in. No competitor offers this.
Sovereign by Default
Single binary, zero cloud dependency. DORA and eIDAS 2.0 are making this a regulatory requirement that competitors must scramble to meet.
DORA Art. 5–14· ISO 20022 CBPR+· NIST FIPS 203/204/205· PCI DSS 4.0· BCBS 239· OWASP Agentic Top 10· EU AI Act Art. 9–11· eIDAS 2.0· SWIFT CSCF v2026· DORA Art. 5–14· ISO 20022 CBPR+· NIST FIPS 203/204/205· PCI DSS 4.0· BCBS 239·
05 · Product Architecture & Expansion Roadmap
Five Modules, $368M ARR Potential

Each module follows the same architecture pattern as VCBP: a Rust service with capability-based security, gRPC interfaces, TEE attestation, and Merkle-proofed audit. They're not separate products — they're capability modules that plug into the microkernel. Transaction-based modules scale quadratically with network effects.

Module 1 · Build Order #1
verity-agentd
Agent Banking Gateway. SDKs (Rust, Python, TypeScript). Agent registry (DID + capability map). Policy engine. REST/gRPC gateway. Taps $44.5B agentic AI market at 44% CAGR.
Year 3: $93M ARR
Module 2 · Build Order #2
verity-proved
Regulatory Proof Engine. Cryptographically signed .proof packages. Merkle proofs + TLA+ invariants + Lean 4 certificates. Taps $51.6B RegTech market.
Year 3: $21M ARR
Module 3 · Build Order #3
VSM
Verity Stablecoin Module. Tokenized deposit issuance. TEE-attested, Merkle-proofed, PQC-signed. Taps $33T stablecoin volume.
Year 3: $67.5M ARR
Module 4 · Build Order #4
verity-gatewayd
Embedded Finance API Gateway. Developer portal, sandbox, usage metering. Taps $1.3T embedded finance market.
Year 3: $11.9M ARR
Module 5 · Build Order #5
verity-settled
Cross-Border Settlement Rail. PQC-native, instant settlement. Undercuts SWIFT by 90%. Taps $320.7B cross-border market.
Year 3: $125M ARR
Module Revenue Stack — Year 3 ARR ($M)
Revenue vs. Gross Profit (5-Year)
06 · Go-to-Market Strategy
Phased Market Entry
Phase 1 · Months 1–12
Early Adopters
Community banks and credit unions facing core vendor concentration risk. Fintech infrastructure companies needing sovereign, agent-native backends. Regulatory sandboxes (OCC, ECB, MAS, FCA). Target: 3–5 design partners at discounted Professional tier.
Phase 2 · Months 12–24
Market Validation
Mid-tier regional banks in EU (DORA-driven), Switzerland, Singapore. Central bank digital currency (CBDC) pilot programs. Government financial institutions requiring air-gapped deployment. Target: 10–15 customers across Professional and Sovereign tiers.
Phase 3 · Months 24–36
Scale
G-SIBs seeking quantum-safe migration paths. Sovereign wealth funds. Defence financial infrastructure. Target: 25–30 enterprise customers.
Certification Roadmap
CertificationTimelineRationale
SOC 2 Type IIMonths 3–6Table stakes for any bank procurement
PCI DSS 4.0Months 4–8Required for any payment processing
ISO 27001:2022Months 6–10International information security standard
FAPI 2.0 ConformanceMonths 8–12Required for open banking compliance
eIDAS 2.0 Qualified Trust ServiceMonths 12–18EU regulatory recognition
Common Criteria EAL4+Months 18–24Government/defence procurement
07 · Financial Projections
Path to $393M Revenue
MetricYear 1Year 2Year 3Year 4Year 5
Core license customers515305585
Avg. license fee (blended)$750K$900K$1.1M$1.3M$1.5M
License revenue$3.75M$13.5M$33.0M$71.5M$127.5M
Continuous assurance$0.75M$2.7M$6.6M$14.3M$25.5M
Module revenue (annual)$0.3M$4.2M$18.5M$52.0M$105.0M
Transaction revenue$0.0M$1.5M$12.0M$45.0M$120.0M
Professional services$1.0M$3.0M$6.0M$10.0M$15.0M
Total Revenue$5.8M$24.9M$76.1M$192.8M$393.0M
Gross Margin75%78%82%84%86%
Gross Profit$4.35M$19.4M$62.4M$162.0M$338.0M
Series A Use of Funds ($15M)
Use of FundsAmount
Engineering (5 module build-out, 10 FTE × 24 months)$4,800,000
Certifications (SOC 2, PCI DSS, ISO 27001, FAPI 2.0, eIDAS)$1,500,000
Regulatory sandbox participation (4 jurisdictions)$1,200,000
Go-to-market (sales, marketing, partnerships)$3,500,000
Operations & infrastructure$1,500,000
Contingency (20%)$2,500,000
Total Series A Raise$15,000,000
08 · Risk Analysis & Mitigation
Anticipated Risks, Structured Mitigations
Risk Probability vs. Impact Matrix
RiskProbabilityImpactMitigation
Agentic banking adoption slower than projectedMediumHighCore platform revenue independent of agent adoption
Fiserv/Oracle/Temenos add formal verificationLowMedium5-10 year engineering investment; Verity has first-mover advantage
PQC standards changeMediumMediumDual-signature transition architecture supports algorithm agility
TEE vulnerabilities discoveredLowHighConcurrent multi-TEE with automated CVE failover
Sales cycle longer than projectedHighHighDesign partner program, sandbox participation, regulatory relationships
Difficulty hiring formal methods engineersMediumMediumOpen-source ASL/seedvm builds community pipeline; academic partnerships
Export controls on PQC/confidential computingLowMediumOpen-source components provide transparency; sovereign deployment reduces jurisdictional risk
09 · Appendices
Standards, Components & Timelines
Standards Conformance
ARC42 v15.0+, BIAN v14.0 (328 domains), ISO 20022 CBPR+, DORA Art. 5–14, PCI DSS 4.0 / PCI PTS 6, BCBS 239, SWIFT CSCF v2026, NIST FIPS 203/204/205, OWASP Agentic Top 10 (ASI01–ASI10), EU AI Act Art. 9–11, 50, FDX API v6.5 / CFPB §1033, eIDAS 2.0 / FAPI 2.0, SOX ITGC / PCAOB AS5, XFS4IoT / CEN CWA 17852, ISO/IEC 25010.
Open-Source Components
ASL/seedvm (Apache 2.0) — Account Specification Language compiler; ecosystem seeding. VeriChain (Apache 2.0) — Merkle-proofed audit chain; independent verification. These serve as both ecosystem builders and independent verification tools. Regulators and auditors can inspect the verification logic without accessing proprietary code.
Key Regulatory Timelines
Jan 17, 2025: DORA enters into force (EU). Mar 31, 2025: PCI DSS 4.0 mandatory. Nov 22, 2025: ISO 20022 CBPR+ end of MT/ISO coexistence. 2026: EU AI Act high-risk system obligations. 2027: eIDAS 2.0 qualified trust services mandatory. 2028–2030: Europol quantum threat warning window. 2030–2035: Projected cryptographically relevant quantum computers.
Investment Thesis
"Verity is not a core banking product. It is the first mathematically verified banking operating system purpose-built for the agentic, quantum, and sovereignty era. The architecture is proven. The market tailwinds are converging. The expansion modules are clearly defined. The path to $368M ARR is mapped. With $15M in Series A funding, Verity can execute on this plan and establish itself as the definitive banking operating system for the next thirty years."
$32.4B TAM → $50B by 2030
15 Verified World Firsts
$368M Year 3 ARR Target
10⁻¹⁸ Attack Probability
99.999% Availability SLA
Ready to Deploy Sovereign Infrastructure
The Next Era of Financial Infrastructure Starts Here
Banking systems were designed for humans using software. Verity is designed for intelligent systems running economies.
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