Stakk Ltd aims to nearly double its annual recurring revenue to $15 million by mid-2026, driven by a strong enterprise pipeline and a flagship deployment of its new Mobile IQ SDK with Robinhood. This move underscores Stakk’s growing footprint in embedded finance security.
- Targeting $15 million ARR run-rate by June 2026, up from $8.53 million
- ARR growth driven by signed contracts, enterprise pipeline, and product upsell
- Robinhood to deploy Mobile IQ SDK for document-capture liveness detection
- New SDK addresses sophisticated fraud at the document capture layer
- Strong balance sheet supports organic growth and strategic acquisitions
Stakk’s Ambitious Growth Target
Stakk Ltd (ASX, SKK) has set a clear and ambitious goal to reach a $15 million annual recurring revenue (ARR) run-rate by 30 June 2026. This target represents a significant leap from its $8.53 million ARR at the close of calendar year 2025, reflecting the company’s confidence in its growth strategy and product innovation.
The company’s ARR is a key metric, representing the annualised value of recurring revenue under contract, and serves as a barometer for future revenue streams. While this target is an internal objective rather than formal guidance, it signals Stakk’s intent to accelerate its expansion in the embedded finance sector.
Three-Pronged ARR Expansion Strategy
Stakk’s roadmap to $15 million ARR is built on three pillars, 20% growth from signed but not yet live contracts, 50% from a robust pipeline of enterprise clients, and 30% from upselling new products to existing customers. This diversified approach balances near-term contract conversions with longer-term enterprise wins and deeper platform penetration.
Notably, the upsell component is powered by the recent launch of Stakk’s Mobile IQ SDK™ for document-capture liveness detection. This new module is designed to validate the authenticity of documents at the point of capture, addressing a critical vulnerability in fintech and embedded finance workflows where fraudsters exploit the initial trust layer.
Flagship Deployment with Robinhood
Robinhood Markets, Inc., a major retail trading platform and existing Stakk client, will be among the first to deploy the Mobile IQ SDK as part of its Robinhood Banking offering. This deployment not only validates the maturity and security capabilities of Stakk’s platform but also exemplifies the company’s ability to deepen relationships with Tier-1 enterprise clients.
The integration of the Mobile IQ SDK is expected to contribute significantly to Stakk’s upsell revenue, reinforcing the company’s strategy to expand within its existing client base without relying solely on new customer acquisition.
Addressing Emerging Fraud Risks
Stakk’s liveness detection technology tackles sophisticated fraud tactics such as replay attacks, synthetic document injection, and AI-generated forgeries that traditional biometric or downstream fraud controls often miss. By ensuring documents are captured live and unmanipulated, the SDK provides a crucial layer of security at the capture point, which is increasingly targeted by cybercriminals.
This capability is delivered as a mobile software development kit (SDK) that integrates directly into client applications, offering real-time validation and actionable risk signals. The modular nature of the product allows clients to tailor security controls to their workflows while maintaining user experience and operational efficiency.
Strong Position for Continued Growth
With a solid balance sheet boasting $15.6 million in cash at the end of Q2 FY26, Stakk is well-positioned to pursue both organic growth and strategic acquisitions. The company is actively exploring opportunities across the US, Europe, and Asia-Pacific to bolster its embedded finance infrastructure offerings.
Stakk’s recent acquisition of Radical DBX, now Stakk IQ, has already validated its SaaS-based embedded finance strategy, combining proprietary technology with an established US distribution footprint. The company’s execution discipline and product innovation set the stage for a potentially transformative year ahead.
Bottom Line?
Stakk’s $15 million ARR target and flagship Robinhood deployment mark a pivotal step in embedding advanced security into fintech’s future.
Questions in the middle?
- How quickly will Stakk convert signed-but-not-live contracts into revenue?
- What other Tier-1 clients might adopt the Mobile IQ SDK in 2026?
- Will strategic acquisitions accelerate Stakk’s ARR growth beyond organic expansion?