You think we’re messin’ @KASTxyz Get business now! 3% uncapped cashback in 2026. And that’s the Free plan. If you pay for the Global Plan (or eligible for a free trial), it’s 4% uncapped.

Tell you what, the new KAST Reserve is absolutely ripping. Never seen anything like it. And it’s all net growth, general customer balances (not in Reserve) aren’t going down. Now wait till we turn up the heat some more, your mind isn’t even ready for what is coming up next. Gonna print a lot of cry babies 😂 @KASTxyz

My team asked me to write about why we launched Reserve. I was trying to take a rare holiday with my fam in Australia this week. But still - late at night I wrote it, laid it out, then crashed to bed. Woke up to an another CEO promoting it. Nothing better than just building, and letting the rest take care of itself 😂

Why did we build “Reserve”… plus, how do we fund it, and what comes next? Let me lay it out…. 1/ The 6-9-12% for standard-premium-private is introductory, and will drop to 4-6-8% in 2027 (or maybe I’m nice and I extend it!) 2/ We only hold funds in treasury backed stablecoins or similar. No vaults or funky rates. The gap between those 3.5-4% rates and what the user gets is for three reasons… a) It’s a membership benefit. They pay a subscription, and we offset the cost partially via the subscription. b) We use it for Customer Acquisition, it literally sits on our P&L on this line c) It’s a the setup for Credit… let me explain more. 3/ The next step for Reserve, is our Charge Card style product… then credit. a) You will get a monthly balance, which you can spend from Reserve and keep earning rewards still. At the end of the month you get a statement, and 10 days to pay. Pay it via an external top up, and your spend of the previous month was a 0% loan and you keep all the interest on Reserve. Don’t pay it, and you just lose the Reserve interest on what you spent. We also will shortly add Tokenized stocks and Crypto, and borrow against that. b) Every month you pay and top up, you get get a bigger charge card balance. Be good, get more rewards. c) Eventually, working with a partner who does external on-chain finance, we will offer unsecured credit to certain people, working within what we can/can’t do. 4/ But that’s the end game… Today >>> show we are serious about cash rewards for the membership tiers. Tomorrow >> > Charge card + Reserve cash rewards > Borrow against Tokenized everything (crypto, stocks etc) Within six months >> Full blown on-chain unsecured credit Thanks for playing… you better know we’re playing to win.

This is true of the population/people in general. Ask anyone that runs a fintech. Or go and look at Tax data. Maybe it’s closer to 10% creating 80%, but very few are truly productive and profitable. That’s why the world has income redistribution.

I just noticed this new feature from @KASTxyz USD Reserve Account It's a totally different product from the vaults, in-app It offers better reward rates AND NO LOCK-UPS You also get daily intereste which is a banger Really insane how Neobanks are finding more ways to be better than TradFi banks

two weeks in at @KASTxyz and the gap between what people think we are and what we're actually building is wider than I expected.. paymentscan data impressed me. then I found out it's understating the reality by a significant margin. already going deep in the trenches with people from Circle, Coinbase, Revolut, Airwallex - working on problems across dimensions nobody has touched yet. excited to share more soon.

Met a lot of rich Indians in Europe, and all live in “London-Dubai”? What does London-Dubai mean? “Oh been in London for twenty years, now we live in London 89 days a year”. (Ie. Below taxable resident threshold). Consequences of changing Non-Dom laws after 200+ years. If you don’t think capital moves, think again. Worst kept secret is half the population basically don’t pay tax, and the 1% pay a large chunk of it. If you try and tax them 5% more and lose 30% of them. The maths doesn’t check out.

“The Reality” The real population for the @KASTxyz product are the heavy users of stablecoins for moving money, financial stability, remote work, and solopreneurs. For the first 13-14 months you could only deposit stablecoins, no cash, not even converting crypto, so this group is where we got real PMF. That’s why we now have 3000+ waitlist for our @KASTbusiness product which will have EOR & Payroll and is in Beta now, that’s why we’re building a very cool new social money app for LATAM & Africa. Why we are building a new wealth app (self custodial). Our users/people want these products. We’re also building a new design studio in Singapore and hiring the best globally, to create beautiful brand and products. We’re also mid-way through acquiring two companies. This week, I’ve had war rooms on our new AI chat where you can dictate the KAST app to do anything you want, and war rooms on accelerating fiat even faster. I spent time with global art collabs, to push our brand to go deep into culture itself. Many of our team are in the US building direct banking and card issuance, and I’ve been up in the middle of the night on these calls. So whilst I love all of you on CT, there is another billion people to build for today. The most telling thing? We help 1000+ people a day via our Concierge, and we didn’t have a single ticket about whatever you see on CT. They mostly want help to sign up, and move money. All our products - card, fiat, earn, business, subscription, moving money with KAST Tag, and more - remain at record levels. We actually had our ATH by platform volume in the last 24hrs, annualised >$12B. When we launched two years ago, we had less than $500k in funding, and others had literally billions in funding and/or tokens. As a kid, I was an avid chess player, and especially in the fast version, my strategy was always “maximum pressure”. Always on, offensive chess. The startup versions of this, is absolute product velocity. “Shut up and Ship” is how you win. We’re more focussed than ever. Good luck keeping up…