CLPS Incorporation Subsidiary QCC Partners with Emerging Southeast Asian Financial Institution to Launch CAKU-Powered Digital Banking Solution

Rhea-AI Summary

CLPS (Nasdaq: CLPS) subsidiary Qinson Credit Card Services (QCC) partnered with an emerging Southeast Asian financial institution to deploy the CAKU digital banking and credit card issuance platform on March 25, 2026. The agreement covers core software delivery, professional services, migration, and cloud-direct connectivity to payment networks.

CAKU is cloud-native, supports transaction throughput exceeding 4,000 TPS, offers 1,200+ APIs, PCI-DSS and ISO27001 compliance, and enables rapid, configurable deployment and legacy migration for the partner's neobank-focused credit card products.

Positive

• Strategic SEA expansion via partnership with a neobank core subsidiary
• Platform supports transaction throughput >4,000 TPS
• 1,200+ out-of-the-box APIs enabling rapid integrations

Negative

• None.

Key Figures

Revenue: $85.1M Revenue growth: 2.8% Customized IT solutions: $2.2M +5 more

8 metrics

Revenue $85.1M Six months ended Dec 31, 2025; up 2.8% YoY from 6-K

Revenue growth 2.8% YoY growth for first half of fiscal 2026 from 6-K

Customized IT solutions $2.2M Customized IT solutions revenue; up 134.7% YoY from 6-K

Revenue outside mainland China $31.0M First half fiscal 2026; up 63.1% YoY from 6-K

Operating income $0.6M First half fiscal 2026; up 300.5% YoY from 6-K

Net income $0.3M First half fiscal 2026; up 74.9% YoY from 6-K

Shelf registration size US$80,000,000 Form F-3 shelf filed Oct 24, 2025

Transaction throughput 4,000 TPS CAKU system stably supports transaction throughput exceeding 4,000 TPS

Market Reality Check

Price: $0.9452 Vol: Volume 19,236 is 13% abov...

normal vol

$0.9452 Last Close

Volume Volume 19,236 is 13% above the 20-day average of 16,991. normal

Technical Price $0.9452 is trading below the 200-day MA of $0.98 and 49.72% under the 52-week high.

Peers on Argus

CLPS fell 2.06% while peers were mixed: VEEA -4.6%, DTST +1.03%, GLE -0.59% (but...

1 Up

CLPS fell 2.06% while peers were mixed: VEEA -4.6%, DTST +1.03%, GLE -0.59% (but flagged intraday momentum up), SAIH +2.48%, CYCU -1.72%. Moves do not show a clear sector-wide trend.

Previous Partnership Reports

1 past event · Latest: Nov 07 (Positive)

Same Type Pattern 1 events

Date	Event	Sentiment	Move	Catalyst
Nov 07	Fintech partnership	Positive	+0.0%	Collaboration with BEA to test Nibot AI agent in HKMA GenA.I. Sandbox.

Pattern Detected

Partnership news previously produced only a very small price reaction of about 0.01%, suggesting historically muted responses to collaboration headlines.

Recent Company History

This announcement extends CLPS’s partnership-driven fintech strategy, particularly around next-gen banking technology. A prior Nov 7, 2025 partnership with BEA to test the Nibot AI agent in the HKMA GenA.I. Sandbox saw only a 0.01% move, indicating that similar collaboration news historically had limited immediate price impact. More recently, earnings and AI product launches have been the main drivers of noticeable trading reactions, framing this QCC–SEA digital banking deal as part of a broader innovation and international expansion arc.

Historical Comparison

+0.0% avg move · In the past, CLPS partnership news led to an average move of about 0.01%. Historically, collaboratio...

partnership

+0.0%

Average Historical Move partnership

In the past, CLPS partnership news led to an average move of about 0.01%. Historically, collaboration updates have not triggered large immediate price swings.

Partnerships have evolved from AI PoC work with a Hong Kong bank to broader digital banking and payment ecosystem collaborations in Asia.

Regulatory & Risk Context

Active S-3 Shelf · US$80,000,000

Shelf Active

Active S-3 Shelf Registration 2025-10-24

US$80,000,000 registered capacity

An effective Form F-3 shelf filed on 2025-10-24 permits CLPS to offer up to US$80,000,000 of various securities for working capital and general corporate purposes. Usage_count is 0, indicating no takedowns disclosed from this shelf so far.

Market Pulse Summary

This announcement deepens CLPS’s strategy of scaling fintech services via QCC’s CAKU platform, targe...

Analysis

This announcement deepens CLPS’s strategy of scaling fintech services via QCC’s CAKU platform, targeting a Southeast Asian neobank subsidiary with cloud-native, high-throughput infrastructure exceeding 4,000 TPS. In context of prior partnerships that moved the stock by about 0.01%, investors may focus on how this project contributes to customized IT solution growth and overseas revenue. Shelf capacity of US$80,000,000 and recent 6-K financial trends remain key items to monitor.

Key Terms

pci-dss, iso27001, microservices-based, digital twin, +1 more

5 terms

pci-dss regulatory

"the system strictly adheres to international standards such as PCI-DSS and ISO27001"

A global set of security standards companies that handle credit or debit card payments must follow to keep customers’ card information safe, created and maintained by the major card brands. Think of it like required locks, alarms and procedures for a store’s digital cash register; compliance helps reduce the risk of costly data breaches, fines and loss of customer trust, so it directly affects operating costs, liability and investor confidence.

iso27001 regulatory

"the system strictly adheres to international standards such as PCI-DSS and ISO27001"

ISO 27001 is an international standard for how an organization sets up and runs a formal program to protect its information—like a certified lock-and-playbook that covers policies, processes and controls to reduce data breaches and misuse. For investors, an ISO 27001 certification signals that a company takes cybersecurity and data risk seriously, which can lower operational and legal risks, protect revenue and customer trust, and make the business a safer long-term investment.

microservices-based technical

"Built on a cloud-native, microservices-based distributed architecture, CAKU ensures"

An application described as microservices-based is built from many small, independent components that each do one job and can be updated, scaled, or fixed without changing the whole system. For investors this matters because it can speed product development, reduce downtime and deployment risk, and allow computing resources to be used more efficiently—similar to replacing or upgrading individual Lego bricks instead of rebuilding an entire model.

digital twin technical

"Digital Twin Validation: Pre-launch validation in a mirrored, production-like environment"

A digital twin is a live virtual replica of a physical asset, process, or system that mirrors real-world behavior using data and models so users can test changes, predict problems, and measure performance without touching the real thing. For investors, digital twins matter because they can lower maintenance costs, speed product development, improve uptime and reliability, and make future cash flows and risks easier to forecast — like using a flight simulator to safely train and tune a real airplane.

apis technical

"With over 1,200 out-of-the-box APIs, CAKU supports both cloud and on-premises"

APIs are sets of rules that let different software systems talk to each other, like standardized doorways that let apps, data services and websites exchange information without needing to be rebuilt each time. For investors, APIs matter because they speed product development, enable digital partnerships and data feeds, create new revenue or cost savings, and introduce operational or security dependencies that can affect growth and risk.

AI-generated analysis. Not financial advice.

HONG KONG, March 25, 2026 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (Nasdaq: CLPS) today announced that its wholly-owned subsidiary, Qinson Credit Card Services Limited (QCC), has entered into a strategic partnership with an emerging financial institution in Southeast Asia (SEA).

Under the agreement, QCC will deploy its proprietary payment system, CAKU, to provide a comprehensive suite of credit card products and customized implementation services. This partnership marks a significant milestone in QCC's expansion within the SEA fintech ecosystem and underscores the CAKU solution's ability to accelerate digital banking transformation and innovation.

The partner institution is a core subsidiary of one of the leading neobanks in SEA, dedicated to providing individual customers with sustainable, customer-focused credit card products and credit-backed, QR code-based payment services. The selection of QCC as a strategic partner was driven by CAKU's robust capabilities, including functional flexibility, technological foresight, and strong delivery expertise, which together enable rapid market responsiveness and highly personalized user experiences.

Driving Agile Business Innovation Flexible and Powerful Product Capabilities

Leveraging the CAKU platform, QCC will provide the client with an industry-leading credit card issuance and management solution. The project scope includes core software delivery, comprehensive documentation, and related resources. The solution supports extensive customization through modular configuration tailored to the client's specific business requirements.

QCC will also deliver end-to-end professional services, including project management, solution design and development, testing, training, and system deployment, ensuring efficient and seamless implementation.

Key features of the CAKU solution include:

• Rapid Deployment and High Customization: Parameter-driven and scenario-based configurations enable one-click product deployment and iteration, ensuring a customer-centric approach.
• Scalable Growth Architecture: Multi-tier credit limit management, personalized points systems, and flexible account structures support large-scale business growth.
• Universal Payment Support: Seamless integration with major payment networks including Visa, Mastercard, and UnionPay for credit, debit, and prepaid cards, as well as consumer and commercial card products. The platform also supports integration with digital wallets (e.g., Apple Pay, Google Pay) and omnichannel payment methods.
• Seamless Legacy System Migration: Extensive experience in smooth migration and modernization from legacy issuing platforms such as VisionPLUS and Cardpac, backed by extensive successful project experience.
• Digital Twin Validation: Pre-launch validation in a mirrored, production-like environment ensures accurate and risk-mitigated system migration.

Robust and Secure Architecture Ensuring Business Continuity and Stability

Built on a cloud-native, microservices-based distributed architecture, CAKU ensures high scalability and availability with real-time processing, stably supporting transaction throughput exceeding 4,000 TPS. To achieve bank-grade security and compliance, the system strictly adheres to international standards such as PCI-DSS and ISO27001, integrating 3DS, TLS/SSL, and various advanced encryption. With over 1,200 out-of-the-box APIs, CAKU supports both cloud and on-premises deployment, facilitating rapid integration with ecosystem partners.

Expert-Led Delivery and Cloud-Direct Connectivity

QCC's delivery team has a decades-long track record of delivering complex payment projects across the Asia-Pacific region. In a pioneering move, QCC will implement a cloud-based connectivity solution with card schemes, bypassing traditional on-premise hardware requirements. By connecting directly to payment network cloud systems, QCC eliminates the need for complex hardware deployment and network configurations, significantly reducing implementation timelines by several months. This makes QCC among the pioneers in implementing cloud-direct architecture for payment systems in the Asia-Pacific region.

Furthermore, QCC will adopt:

• Agile Implementation and MVP Model: Accelerating time-to-market through the rapid delivery of Minimum Viable Products.
• AI-Enabled Tools: Utilizing AI-driven automated testing to enhance delivery efficiency and quality.

Mr. Simon Chiang, Chief Executive Officer of QCC, commented: "We are extremely honored to establish this partnership. Our client's pursuit of an exceptional user experience aligns perfectly with our customer-centric philosophy. By leveraging the capabilities of the CAKU platform and our team's deep expertise, we are fully committed to helping them secure a leading position in the SEA digital banking market and delivering smarter, more convenient, and secure financial services to millions of users."

Mr. Raymond Lin, Chief Executive Officer of CLPS, added: "This partnership strengthens our fintech capabilities and supports growth within our customized IT solution services revenue segment. We are well-positioned to meet the rising demand for digital transformation and drive long-term value for our clients and shareholders."

About Qinson Credit Card Services Limited

Qinson Credit Card Services Limited (QCC) is a wholly owned subsidiary of CLPS Incorporation, focused on developing modular, API-driven payment and financial infrastructure solutions for banks, fintech companies, and regulated financial institutions worldwide.

About CLPS Incorporation

CLPS Incorporation (NASDAQ: CLPS), established in 2005 and headquartered in Hong Kong, is at the forefront of driving digital transformation and optimizing operational efficiency across industries through innovations in artificial intelligence, cloud computing, and big data. Our diverse business lines span sectors including fintech, payment and credit services, e-commerce, education and study abroad programs, and global tourism integrated with transportation services. Operating across 10 countries worldwide, with strategic regional hubs in Shanghai (mainland China), Singapore (Southeast Asia), and California (North America), and supported by subsidiaries in Japan and the UAE, we provide a robust global service network that empowers legacy industries evolve into data-driven, intelligent ecosystems. For further information regarding the Company, please visit: https://ir.clpsglobal.com/, or follow CLPS on Facebook, Instagram, LinkedIn, X (formerly Twitter), and YouTube.

Forward-Looking Statements

Certain of the statements made in this press release are "forward-looking statements" within the meaning and protections of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements with respect to the Company's beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance. Known and unknown risks, uncertainties and other factors, which may be beyond the Company's control, may cause the actual results and performance of the Company to be materially different from such forward-looking statements. All such statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties related to the Company's expectations of the Company's future growth, deployment in the AI technology sector, performance and results of operations, the Company's ability to capitalize on various commercial, M&A, technology and other related opportunities and initiatives, as well as the risks and uncertainties described in the Company's most recently filed SEC reports and filings. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC's Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.

Contact:

CLPS Incorporation
Rhon Galicha
Investor Relations Office
Phone: +86-182-2192-5378
Email: ir@clpsglobal.com

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SOURCE CLPS

FAQ

What did CLPS (CLPS) announce on March 25, 2026 about QCC's SEA partnership?

CLPS announced QCC partnered with an emerging Southeast Asian financial institution to deploy CAKU. According to company, the deal covers software delivery, customization, migration and cloud-direct payment network connectivity for credit card issuance.

How does the CAKU platform improve deployment speed for CLPS's QCC clients?

CAKU enables rapid, parameter-driven one-click product deployment and iteration. According to company, modular configuration, Agile MVP delivery and AI-enabled testing accelerate time-to-market and reduce implementation timelines by several months.

What scalability and performance does CAKU provide for CLPS (CLPS) clients?

CAKU delivers a cloud-native, microservices architecture supporting transaction throughput exceeding 4,000 TPS. According to company, the design ensures high availability, real-time processing and scalable credit management for large-scale growth.

Which payment networks and integrations does CAKU support for QCC's new SEA client?

CAKU integrates with Visa, Mastercard, UnionPay, major digital wallets and omnichannel methods. According to company, CAKU also supports both cloud and on-premises deployment and smooth legacy migrations from systems like VisionPLUS and Cardpac.

What professional services will QCC provide under the CLPS (CLPS) partnership?

QCC will deliver end-to-end services including project management, solution design, testing, training and deployment. According to company, delivery includes documentation, digital twin validation and cloud-direct connectivity to payment schemes.