Business model
Corridor earns before it moves a dollar: the ledger and reconciliation are a subscription from the first read-only pilot. Once the customer routes payouts through Corridor, it also earns on that volume.
Revenue lines
Section titled “Revenue lines”| Line | Indicative pricing | Charged on |
|---|---|---|
| Ledger and reconciliation subscription | $1,500 – $3,000 per month | Per customer, from the read-only pilot onwards: matching, exceptions, exports, disclosures |
| Routing fee | 0.10% – 0.30% of volume | Payouts and collections Corridor moves on the customer’s signer |
| FX spread share | ~0.10% | Conversions priced by partners, shared with Corridor |
Corridor does not take a share of yield on customer balances: the balances sit in the customer’s own vaults. The take on routed volume lands at about 0.30% all in, a fraction of what the same payment costs through correspondent banks today.
One customer
Section titled “One customer”A mid-size payout company settling $5M a month through Corridor:
| Item | Value |
|---|---|
| Annual volume | $60M |
| All-in take | ~0.30% |
| Subscription | ~$24K a year, from month one |
| Annual revenue | ~$200K |
At the scale of the market
Section titled “At the scale of the market”Revenue at a 0.30% take on a share of global B2B stablecoin payments ($226B in 2025). The 2028 column assumes they grow 40% a year, which gives about $620B.
| Share of the flow | Settled (today) | Revenue (today) | Settled (2028) | Revenue (2028) |
|---|---|---|---|---|
| 1% | $2.3B | $6.8M | $6.2B | $18.6M |
| 5% | $11.3B | $33.9M | $31.0B | $93.0M |
| 10% | $22.6B | $67.8M | $62.0B | $186.0M |
| 15% | $33.9B | $101.7M | $93.0B | $279.1M |
Why the margin holds
Section titled “Why the margin holds”- Network effects. Each partner added reaches every customer and every other region. Customers get more corridors without more integrations, which raises switching costs.
- System of record. The operations team’s ledger, exceptions and audit history live in Corridor. Providers become interchangeable venues; Corridor does not.
- Data compounds. Pre-funding forecasts improve with volume per corridor, and reconciliation history becomes audit evidence.
- Cheap rails underneath. Settlement on Stellar costs fractions of a cent per payment, and the common payout path has no bridge in it at all, so the take is margin rather than pass-through.
Go-to-market
Section titled “Go-to-market”Land read-only
Licensed payout companies paying into Africa, starting with EUR → KES: a 60-day read-only pilot on the Stellar accounts they already run.
Route
Move payouts through Corridor on the customer’s own signer, settling on Stellar through a signed anchor.
Reverse the flow
The same customers’ importer clients paying suppliers in Asia and the Americas (KES → CNY first), on the same integration.
Add spokes along trade routes
Every anchor signed becomes a spoke for every customer: Latin America, the Middle East and Asia next.