RedCloud Extends RedAI to 200 Argentine Distributors Through Picking Up! Integration with New ERP Provider

The integration uses existing distribution infrastructure rather than requiring RedCloud to build a new network.

Rhea-AI Summary

RedCloud (RCT) announced an integration agreement signed by Argentine partner Picking Up! with an ERP operator serving over 200 distributors. The agreement connects distributors using the enterprise resource planning system to Picking Up!'s business-to-business trading platform and its network of approximately 100,000 retail outlets across Argentina. Distributor activation will begin in November 2026.

RedCloud plans to implement RedAI, its infrastructure for predicting fast-moving consumer goods trade, alongside the platform without building a new network. Its RAID prediction model will begin training on Argentine distributor data in November as the first distributors activate. The integration falls within the previously announced three-year agreement with Golomax and Picking Up!, which carries forecasted revenue of $20 million over its term.

5 points · 1 major

PositiveiHow this balance works

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Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

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0 major · 0 points

Hollow bars mark forward-looking points. How the balance works

Positive

• Major point. Forward-looking: it has not happened yet and may not happen.The underlying three-year Golomax and Picking Up! agreement carries forecasted revenue of $20 million over its term. 7.9× market cap
• Moderate pointPicking Up!'s signed integration agreement covers an ERP system used by over 200 Argentine distributors.
• Minor point. Forward-looking: it has not happened yet and may not happen.Participating distributors will gain access to approximately 100,000 retail outlets through Picking Up!'s network.
• Minor point. Forward-looking: it has not happened yet and may not happen.Distributor activation will begin in November 2026, with RedAI planned alongside the platform using existing infrastructure.
• Minor point. Forward-looking: it has not happened yet and may not happen.RAID will begin training on Argentine distributor data in November as the first distributors activate.

Negative

• None.

News Explained

For the Argentine rollout, RedCloud says transaction data will be used in aggregated, de-identified form under applicable agreements and authorizations, while each distributor retains control of its commercial information.

Key Figures

ERP network reach: Over 200 distributors Retail outlet access: Approximately 100,000 retail outlets Forecasted agreement revenue: $20 million +1 more

ERP network reach

Over 200 distributors

Distributors using the ERP system in Argentina

Retail outlet access

Approximately 100,000 retail outlets

Picking Up! network across Argentina

Forecasted agreement revenue

$20 million

Over the three-year Golomax and Picking Up! agreement, previously announced in August 2026

RAID training data

More than $8.4 billion of FMCG transactions

Model training data across more than 100,000 customers and 6,700 brands

Historical Context

1 past event · Latest: Oct 15

1 event

1. Oct 15

   RedAI Saudi customer

   24h Move

   -16.0%

   First Saudi RedAI customer supplied $21 million of trade records for predictive deployment.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

erp, fmcg, de-identified

3 terms

erp technical

"third party ERP will gain direct access"

ERP, or Enterprise Resource Planning, is a comprehensive software system that helps organizations manage and integrate core business processes such as finance, supply chain, and human resources in one unified platform. For investors, ERP systems can indicate how efficiently a company operates; strong and well-integrated systems often suggest good management and potential for sustainable growth.

fmcg technical

"prediction of FMCG trade"

FMCG, or fast-moving consumer goods, are everyday products that are sold quickly and at relatively low cost, such as food, drinks, toiletries, and household items. They matter to investors because these products are in constant demand, providing stable sales and cash flow for companies, even during economic ups and downs. Their high turnover makes them a key segment in the consumer market, reflecting broad consumer spending habits.

de-identified technical

"aggregated and de-identified form"

Data labeled as de-identified has had names and other direct personal details removed or masked so individual people cannot be readily recognized; think of it like blurring faces and removing name tags from a photo. For investors, de-identification matters because it reduces legal and privacy risk, can change how valuable or usable the data is for research or product development, and affects regulatory compliance and potential liabilities.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Distributors already running on third party ERP will gain direct access to the Picking Up! B2B ordering network and support the phased deployment of RedAI infrastructure in Argentina

LONDON and BUENOS AIRES, Nov. 05, 2026 (GLOBE NEWSWIRE) -- RedCloud Holdings plc (Nasdaq: RCT) ("RedCloud" or the "Company") today announced that Picking Up!, its Argentine distribution partner, has signed an integration agreement with an operator of an ERP system used by over 200 distributors of mass consumption products in Argentina.

The integration connects distributors directly to Picking Up!'s B2B trading infrastructure, which includes digital ordering, customer management, promotions, live order visibility and synchronization of customers, products, prices, inventory and orders. Participating distributors will gain access to Picking Up!'s network of approximately 100,000 retail outlets across Argentina. Distributor activation will begin in November, led jointly by Picking Up!'s sales team. RedAI, the Company's AI infrastructure for the prediction of FMCG trade, will be implemented alongside the Picking Up! platform for these new distributors to use, without building a new network.

The integration sits within RedCloud's three-year agreement with Golomax and Picking Up! previously announced in August 2026 with a forecasted $20 million of revenue over the term of the agreement. RAID (Real-time AI for Distribution), the Company's prediction model, is trained on more than $8.4 billion of FMCG transactions across more than 100,000 customers and 6,700 brands. RAID will begin training on Argentine distributor data in November as the first distributors activate. Transaction data is used in aggregated and de-identified form, under the applicable agreements and authorizations, and each distributor retains control of its own commercial information.

Justin Floyd, Founder and Chief Executive Officer of RedCloud, said, "Argentina's distributors already run on an established ERP. This connects them to 100,000 outlets through Picking Up! and gives RAID the trading data of both distributors and retailers. We deploy on infrastructure that is already there, and the intelligence arrives with the first order."

Sergio Daniel Iribarren, Co-Founder of Picking Up!, said, "Distributors get a faster path to digital trade: stronger relationships with existing customers and access to new ones. With RedCloud, we add intelligence to those workflows, step by step."

About RedCloud

RedCloud Holdings plc (Nasdaq: RCT) builds AI infrastructure for the prediction of FMCG trade. More than $8.4 billion of FMCG transactions have passed through its infrastructure between early 2023 and June 2026, across more than 100,000 customers and 6,700 brands. RedCloud uses this proprietary transaction data to develop RAID (Real-time AI for Distribution), its prediction model for distribution, and deploys its infrastructure and associated products ("RedAI") either directly or through joint ventures and local partners.

RedCloud is a British company registered in London. Justin Floyd is its Founder and Chief Executive Officer. For more information, please visit www.redcloudtechnology.com and connect on LinkedIn.

About Picking Up!

Picking Up! is an Argentine distribution network connecting distributors, retailers, consumers and delivery services. Its B2B system supports digital ordering, customer management, promotions, communications and trading reports across neighbourhood retail in Argentina.

Forward Looking Statements

The information in this press release may include forward-looking statements within the meaning of the federal securities laws. These statements include, without limitation, statements regarding the expected rollout and adoption of the integration and the $20 million of revenue forecasted over the term of the agreement with Golomax and Picking Up!. 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. 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 availability and permitted use of trading data, the deployment and performance of RedAI and RAID, and the ability of the parties to generate commercial value or revenue. 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 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 most recent Annual Report on Form 20-F filed with the Securities and Exchange Commission, as well as the Company’s periodic reports and other filings with the Securities and Exchange Commission. RedCloud undertakes no obligation to update or revise these forward-looking statements except as required by law.

Contacts

Investor Relations:
investor.relations@redcloudtechnology.com 

Media Relations:
media@redcloudtechnology.com 

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does RedCloud's Picking Up! integration agreement cover in Argentina?

Picking Up! signed an integration agreement with an ERP operator whose system is used by over 200 distributors of mass consumption products in Argentina. Participating distributors will connect to Picking Up!'s trading platform and gain access to its network of approximately 100,000 retail outlets.

When will RedCloud's Argentine distributor rollout and RAID training begin?

Distributor activation will begin in November 2026, and RAID will begin training on Argentine distributor data that month as the first distributors activate. RedAI will be implemented alongside the Picking Up! platform for the new distributors.

How will RedCloud use Argentine distributors' transaction data for RAID?

Transaction data is used in aggregated and de-identified form under the applicable agreements and authorizations. Each distributor retains control of its own commercial information.

What data has RedCloud's RAID prediction model already been trained on?

RAID is trained on more than $8.4 billion of fast-moving consumer goods transactions across more than 100,000 customers and 6,700 brands.