Tebex
👤 Lee McNeil (Minecraft server kid who felt the pain — built Buycraft at 16 in his parents' room; Forbes 30 Under 30 Europe.)🌐 site
At 16 he replaced the PayPal buttons Minecraft servers hacked together, with real checkout that became the default.
Will it work? · our read
Became the default. Owners were already selling perks via PayPal; he automated it first, became the default rail, and took 5% of $500M+ in creator sales. He rides games he can't own.
01How the money moves
Minecraft servers sell ranks & perks to players
→
Tebex hosts the webstore + auto-delivers in-game
→
Takes 5% of every sale (15% on FiveM)
02The numbers
$500M+
paid to creators, lifetime
Forbes '22
£22M
sold to Overwolf, 2022
Forbes '22
30,000+
creators on the platform
tebex.io
In Dec 2021 alone Tebex paid $10.5M to creators — the run-rate behind our 5% revenue estimate. Forbes
Revenue is undisclosed. Our est about $5-7M/yr = 5% of $100M+ in creator sales (Dec 2021 payouts hit $10.5M). The $500M+ lifetime payouts and £22M exit are documented.
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· Founder & story — Forbes (2022), Tech.eu· Fees & model — Tebex docs · 5% platform fee· Origin (Buycraft) — tebex.io blog; acquisition — Tebex + Overwolf· Exit interview — TechBlast (£22M, founder Q&A)
Company revenue is not disclosed — private, Companies House accounts paywalled, now inside Overwolf. The about $5-7M/yr is our estimate: 5% of documented creator payouts ($10.5M in Dec 2021; $500M+ lifetime — that is GMV, not revenue). The £22M exit, 30k+ creators, the 5% fee and the Buycraft origin are press or first-party facts. CENTS & moat are our read. We never score you.