UA Finance 2.0NEW

CohortPurchasing

The world's first cohort purchasing model.

01Your cohort

Cohort maturity unlocks the price.

Every Wednesday.

A cohort is one install week of one app. After its first weeks, its revenue curve is clear enough to forecast. From there, our engine values every remaining week up to saturation, and we pay that price up front.

One cohort, week by week
Marginal ROAS, week by week: each bar is that week's revenue as a % of the cohort's UA spend. Observed until today, forecast from there.
Illustrative
Paid out by the stores
Observed, not yet paid
Forecast, up to saturation
In the price
Saturation
W0W21
Drag Today to move through the cohort's weeks. Bars to its left are observed, bars to its right are forecast.
02How we price a cohort

Priced on what your players did. Not on your plan.

01
We read the cohort.

Its real revenue, week by week, from your MMP and store reports.

02
Our engine forecasts it.

Week by week, until the forecast shows where the cohort saturates. 98% forecast accuracy on mature cohorts.

03
We price it.

The forecast is valued today, adjusted for timing and forecast risk.

04
You get one number.

The price for the cohort, before you sign.

Steel plates stepping down week by week, one plate lit in teal: a cohort's revenue curve.
03Your cohorts, priced

Every cohort gets its own price. You pick the mix.

Would you rather have $150K a year from now, or $140K today? Your cohort will earn its revenue over the next 52 weeks. We pay for it now, so the capital works for you this week, not next year.

Once your MMP is connected, you see a price for every complete cohort. Very new cohorts are priced the week after, once their installs have stopped. When you run the numbers, don't forget the government incentives your studio already receives. Figures are illustrative.

In-app purchases, subscriptions and ad revenue
New cohorts every week
Example studio: Orbit Labs · Merge Harbor
$1.14MReady to sell now
7Cohorts priced · pick any mix
Illustrative
Cohort
UA spend
Price
2026-07-27
$40K
Not priced
Too volatile to forecast
2026-08-03
$52K
$61K
2026-08-10
$66K
$75K
2026-08-17
$84K
$97K
Sold last month
2026-08-24
$106K
$120K
2026-08-31
$134K
$155K
2026-09-07
$170K
$191K
2026-09-14
$215K
$240K
2026-09-21
$272K
$296K
2026-09-28
$345K
Next week
Installs still running
ObservedForecast
2 cohorts selected
$230K
Sell your first cohorts
04After the sale

You keep running the game. The cohort pays its own way.

Nothing changes in your operations. UA, live-ops, pricing and updates stay with you. No additional tax on the sale: it is a licence of the cohorts, not a loan.

Store payouts
01

Keep landing in your account, as they always have.

Once a month
02

The sold cohorts' revenue is passed on to Leus. It is their revenue, not a repayment.

Every week
03

A report shows each sold cohort against its forecast and how close it is to saturation.

At saturation
04

The cohort is yours again. Everything it earns from then on stays with you.

05How much you can sell

Your capacity grows with every cohort.

Our pricing engine sets it. How much you can sell is based on your most complete cohorts.
Cohorts are counted weekly. Every week of paid UA adds a new cohort.
We buy every week. A cohort that starts this week can be sold as soon as it is mature enough to value.
Just started scaling? Your first purchase might be small. Each week adds a new cohort, so the next one is bigger.
No additional tax on the sale. It is a licence of the cohorts, not a loan.
Each weekly purchase, as your cohorts build up
Illustrative
$25K
$34K
$48K
$66K
$92K
$128K
$180K
$250K
$350K
1
2
3
4
5
6
7
8
9
Weekly cohort purchases, illustrative
06What happens if

Once we buy a cohort, its risk is ours.

If the cohort earns less than forecast
Our risk.

Nothing to repay.

If the cohort earns more
Next price up.

Your next cohorts are priced on it.

If you pause UA
Nothing.

That week simply adds no new cohorts.

If the stores pay late
Our risk.

The price you received doesn't change.

If the game leaves the store
Our risk.

The price you received doesn't change.

Unless there is fraud or a breach of the agreement, the risk of a sold cohort stays with us.

07Cohort Purchasing

The model on one page.

UA Finance 2.0 · Sold, not borrowed
01What we buy

A digital asset: your cohorts. Their observed revenue, plus their forecast revenue up to saturation.

02What you get

One price, paid up front once your data is connected and the agreement is signed.

03What you give

The revenue of the cohorts you choose to sell, up to saturation.

04What you keep

Your game, IP, store accounts, operations and cap table.

05How often

You can sell every week.

06How we price

Forecast risk, fluctuation and time value.

Not an advance on your spend. The maximum price for your cohorts, paid today.
Legally, UA Finance 2.0 is structured as a licence of the cohorts.
08How it works

Two days to your first sale.

0
Day 0
Verify your data
01
Sign the NDA
Once per company, before any connection.
02
Connect your MMP and store reports
MMP and store access. Read only.
03
Eligibility report
Ready in a few hours. Lumina opens right away.
1
Day 1
Validate your business
01
Find your company
We look it up in the global company database.
02
Confirm details and owners
Directors and owners come pre-filled. You confirm.
03
Add your financials
A checklist for your country. E-mail it to your accountant in one click.
2
Day 2
Get funded
01
Pick your cohorts, see your price
Every cohort gets its own price. You pick the mix.
02
Sign
Choose who signs, a quick identity check, then DocuSign.
03
Transfer sent
The price lands in your account. The receipt appears in the app.