Switchpoint Payments Business Plan — Organisation and Management

The team build across engineering, risk, compliance and merchant operations, and the hires that gate each stage.

Organisation and Management

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Headcount grows from 10 full-time equivalents in FY2027 to 72 in FY2031. The FY2027 team is deliberately weighted toward engineering and compliance rather than sales, because in the first year the binding constraints are certification and integration, not demand.

Function

FY2027

FY2028

FY2029

FY2030

FY2031

Comment

Engineering and product

5

11

15

22

28

Ledger, card processing, account-to-account service, partner integrations

Merchant operations and support

1

3

9

15

21

Onboarding, activation, day-to-day support. Scales with the book

Risk, compliance and finance

2

3

6

9

11

PCI, anti-money-laundering monitoring, chargebacks, statutory reporting

Commercial and partnerships

1

2

5

7

10

Partner management and direct trade origination

Executive and administration

1

1

1

1

2

Total full-time equivalents

10

20

36

54

72

Appointment

Requirement

Why it is a condition precedent

Chief executive

Payments or vertical software background with direct experience of a sponsor bank relationship

The sponsorship negotiation is the first and hardest commercial task

Chief technology officer

Ledger and payment systems engineering; prior PCI DSS Level 1 environment experience

A requirement rather than a preference. Attestation cannot be achieved without it

Head of risk and compliance

South African National Payment System experience

Appointed before the sponsor bank due diligence process commences, not after

Head of partnerships

Enterprise software channel experience

The first two integrations determine whether the plan is viable

An option pool of 12 per cent is provided for at the seed round and a further 6 per cent top-up is modelled at the Series A. The dilution effect of both is reflected in the investor return calculation at Section 15.