LONDON, Sept. 24, 2025 (GLOBE NEWSWIRE) -- RedCloud Holdings plc (Nasdaq: RCT) (“RedCloud” or the “Company”) the technology company behind the RedAI trading platform for businesses across Fast Moving Consumer Goods (“FMCG”) supply chains, today announced it has joined the NVIDIA Connect program as part of its mission to deliver a new operating system for global trade.
The move will allow RedCloud's development teams to explore NVIDIA’s advanced AI frameworks, software development kits (SDKs), and expertise to accelerate its product roadmap with a view to delivering cutting-edge solutions to customers. The Company anticipates that this may contribute to its next wave of innovation to address the $2Tn1 global inventory gap that exists within the estimated $14.6Tn2 global FMCG industry—a problem the Company believes widely impacts the performance and growth of businesses across global supply chains.
The NVIDIA Connect program offers exclusive resources to software development companies to help them speed up development and get products to market faster. Through this program, RedCloud will seek to enhance future capabilities and features within the RedAI trading platform, Red101 retailer app and TradeX bulk trading program, or release future AI-fueled products to its clients.
"Joining NVIDIA Connect is an exciting opportunity for our development teams," said Jorge Guerrero, AVP Product at RedCloud. "This program provides us with access to NVIDIA's ecosystem of AI tools and expertise, which we expect to be instrumental in building powerful AI-native infrastructure to enable intelligent trade of FMCG products across global supply chains. Specifically, we are seeking to expand and refine our AI models, improve real-time inference capabilities, and accelerate the deployment of next-generation applications."
The Company’s technology strategy comes on the back of recent announcements, including more than doubling of customer numbers year-over-year in the first half of 2025; a recently announced joint venture in Saudi Arabia—demonstrating how global expansion could include entering new markets directly or through partnership—and announcement of a new partnership strategy for payments and financial services, seeking to streamline every trade and maximize working capital to support inventory velocity across FMCG supply chains.
About RedCloud Holdings plc
RedCloud has developed and operates the RedAI trading platform (“RedAI”), that facilitates the trading of everyday consumer supplies of fast-moving consumer goods (“FMCG”) products across business supply chains. RedCloud believes its Platform solves a decades old problem of how to unlock and enable access to key purchase and sales data between supply-chain businesses in high growth consumer markets.
Through RedCloud’s Platform, retailers are empowered by data driven market insights backed by artificial intelligence (“AI”) to help make faster and easier business-to-business (“B2B”) purchases and inventory decisions from brands and distributors by breaking down complex purchasing behaviors of large product inventory catalogues. For more information about RedCloud and its Platform, please visit https://investors.redcloudtechnology.com and connect on LinkedIn.
Forward-Looking Statements
The information in this press release may include forward-looking statements within the meaning of the federal securities laws. These statements generally relate to future events or our future financial or operating performance. When used in this press release, words such as “expect,” “project,” “estimate,” “believe,” “anticipate,” “intend,” “plan,” “seek,” “forecast,” “target,” “predict,” “may,” “should,” “would,” “could,” and “will,” the negative of these terms and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Forward-looking statements are based on management’s current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict, including, but not limited to, the continued growth of the Company’s customer base, customers’ purchasing behavior and requisite needs, the Company’s ability to continue to provide distributors and retailers with adequate resources to conduct their business, the effectiveness of collected data through the RedAI Trading Platform to provide transparency and choice to supply chains, or the ability of the Company’s ability to leverage the NVIDIA Connect program to develop and launch new products. As a result, actual results could differ materially from those indicated in these forward-looking statements. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in RedCloud’s described in “Cautionary Note Regarding Forward-Looking Statements,” “Item 3. Key Information – D. Risk Factors” and “Item 5. Operating and Financial Review and Prospects” in RedCloud’s Annual Report on Form 20-F for the year ended December 31, 2024, which was filed with the Securities and Exchange Commission (the “SEC”) on May 16, 2025, as well as other documents filed by the Company with the SEC. RedCloud undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Information contained on, or that can be accessed through, the Company's website or any other website or any social media is expressly not incorporated by reference into and is not a part of this press release.
Footnotes:
[1] $2Tn Inventory Gap – IHL Research
[2] $14.6Tn 2025 to $19.7Tn 2033 Global FMCG Market TAM – Cognitive Market Research
Contacts:
Investor Relations
Ryan Flanagan
Investor.relations@redcloudtechnology.com
Media Relations
James McCarthy
media@redcloudtechnology.com
