Agentic payments? Is that what my fridge is going to use to order artisanal cheese? You've clearly identified a problem, but you need to convince me these 'agents' are more than just a fever dream for my money, and not bury core risks in an appendix.

You gave me a number, but this $1.8B SOM is purely top-down, assuming every single European payment provider will cough up $350k for your unproven solution. Show me the actual market, not just your wildest dreams.

You've got an implied SaaS model based on a vague ACV figure, but I have no idea how you actually charge or what your margins look like. Are you a toll booth or a subscription service? Clarify it.

Okay, I'll admit, you two aren't total clowns. ZKP and 70M customers? You might actually know what you're doing, which is rare in this room.

'1 Pilot scoped + scheduled' isn't traction; it's a calendar entry. Your GTM is just a list of who you'd *like* to sell to – are you going to cold call every European PM with your future pilot?

The overall design is sleek and the product mockups are great, but that market map is a hallucination of logos, and you've hidden crucial context about your edge in an appendix I almost missed.