December 2025 Update

What's happening at Krepling

Introduction

As we close out 2025, we are extremely pleased to reflect on Krepling’s continued strong performance and steady execution against our long-term vision. This past year has demonstrated the capability of the team as we continue building a platform shaping the future of global commerce. Looking ahead, we are entering 2026 with significant momentum. For the first time, Krepling Pay is now formally integrated into our financial projections for the coming year. By the end of 2025, Krepling Pay has already developed a robust pipeline, representing close to $10M in ARR potential currently in cycle. At the same time, our core commerce platform closed 2025 at $8.3M in ARR, representing nearly 2x year-over-year growth.

With Krepling Pay contributing alongside continued expansion of the platform, we are forecasting 3-4x YoY ARR growth in 2026. Payments introduces an additional, highly scalable revenue layer to our business model, strengthens merchant engagement, and enhances our long-term monetization strategy. As Krepling Pay progresses from development and launch into commercial maturity, we expect it to serve as a meaningful and compounding revenue driver in 2026 and beyond.

In 2025, the Board commissioned a new third-party accountancy and financial oversight team. Following an in-depth board review, the new team was engaged to conduct a full restructuring and reclassification of Krepling’s financial accounts across 2024 and 2025. This effort was undertaken to deepen transparency, enhance reporting sophistication, and ensure Krepling’s financial infrastructure is fully aligned with best-in-class industry standards. The initiative focused on detailed recategorization of expenses, updated depreciation methodology, improved cost tracking, and enhanced structural organization of our financial reporting.

The outcome of this project confirmed no changes or discrepancies in any of the financial results Krepling had been reporting. Instead, it resulted in more granular categorization of expenses, enhanced clarity around operational cost, stronger accounting alignment with industry and market standards, and a more detailed and insightful financial reporting framework. The result is a set of accounts that provide significantly deeper visibility into business performance and operational health, both for the Board and for our future institutional investors.

As we prepare to scale materially in 2026, particularly with the introduction of payments-driven revenue, the Board has also approved the implementation of regular quarterly cash-flow reviews and financial forecasting exercises, conducted by the same third-party accounting and financial oversight team. These reviews will ensure disciplined capital allocation, forward-looking cash planning, and enhanced financial governance as we enter our next phase of growth.

This work not only supports our operational confidence but also ensures Krepling is structurally and financially prepared for our upcoming Series A financing.

2025 has been a defining year for Krepling. We strengthened the platform, accelerated commercial growth, and introduced the next pillar of our revenue strategy through Krepling Pay, the front runner for what I personally believe will be the most revenue defining year for the business to date.

Our wider team is entering 2026 confident, focused, and deeply optimistic about the trajectory of the business. Thank you, as always, for your continued support, trust, and partnership.

Revenue 🚀

Krepling is now at $720.2k in MRR, pacing 2-7% MoM revenue growth.

Other KPIs 📊

Average monthly gross churn (%) is at 2.6%, Average MRR net retention is at 107%, Average gross margins are at 84%, ARPU is at $4.7k

Burn 🔥

Krepling burnt $43,210 during the month of December.

Runway 🛫

We estimate we have 12-14 months of runway given the current cash on hand.

Team Size 👥

Krepling currently has 10 team members (including both co-founders).

Click here to explore openings at Krepling

We are hiring in almost every sector! Feel free to reach out with resumes you feel we should be taking a look at.

Product Update ⚙️

The current development status of V2.0.0 of the product (titled 'V2 Release') is at 42%.

Asks and Discussions 🗣

There are no asks or discussions this month.

Reach out 👋

My email: [email protected]

If you would like to quickly catch up let's schedule 15 mins here:

Best, Liam