RedCloud Launches Payment Partnerships Strategy, Starting with Paystack in Nigeria, to Accelerate Digital Trade
RedCloud Holdings (RCT) has announced a strategic partnership with Paystack, a Stripe company, marking the first in a series of digital payment partnerships. The collaboration expands RedCloud's RedPay payments proposition in Nigeria, offering businesses multiple payment methods including direct bank transfers and OPay wallets.
The initiative aims to address the $2 trillion inventory gap caused by digital payment friction in the supply chain. This partnership follows the GENIUS Act legislation on stablecoins and represents RedCloud's broader strategy to enhance payment flexibility across its markets, with more partnerships expected in the coming months.
RedCloud Holdings (RCT) ha annunciato una partnership strategica con Paystack, una società di Stripe, segnando la prima di una serie di collaborazioni nel settore dei pagamenti digitali. Questa collaborazione amplia l'offerta di pagamenti RedPay di RedCloud in Nigeria, offrendo alle aziende diversi metodi di pagamento, tra cui trasferimenti bancari diretti e portafogli OPay.
L'iniziativa mira a colmare il gap di inventario di 2 trilioni di dollari causato dalle difficoltà nei pagamenti digitali nella catena di approvvigionamento. Questa partnership segue la legislazione GENIUS Act sulle stablecoin e rappresenta la strategia più ampia di RedCloud per migliorare la flessibilità dei pagamenti nei suoi mercati, con ulteriori collaborazioni previste nei prossimi mesi.
RedCloud Holdings (RCT) ha anunciado una alianza estratégica con Paystack, una empresa de Stripe, marcando la primera de una serie de asociaciones en pagos digitales. La colaboración amplía la propuesta de pagos RedPay de RedCloud en Nigeria, ofreciendo a las empresas múltiples métodos de pago, incluyendo transferencias bancarias directas y billeteras OPay.
La iniciativa busca abordar la brecha de inventario de 2 billones de dólares causada por la fricción en los pagos digitales dentro de la cadena de suministro. Esta asociación sigue a la legislación GENIUS Act sobre stablecoins y representa la estrategia más amplia de RedCloud para mejorar la flexibilidad de pagos en sus mercados, con más asociaciones previstas en los próximos meses.
RedCloud Holdings (RCT)는 Stripe의 자회사인 Paystack과 전략적 파트너십을 발표하며 디지털 결제 파트너십 시리즈의 첫걸음을 내디뎠습니다. 이번 협력을 통해 RedCloud의 나이지리아 내 RedPay 결제 서비스가 확장되어, 기업들에게 직접 은행 송금과 OPay 지갑 등 다양한 결제 수단을 제공합니다.
이 이니셔티브는 공급망 내 디지털 결제 마찰로 인한 2조 달러 규모의 재고 격차 문제를 해결하는 것을 목표로 합니다. 이번 파트너십은 GENIUS Act의 스테이블코인 관련 법안에 이어 진행되었으며, RedCloud가 시장 전반에 걸쳐 결제 유연성을 강화하려는 광범위한 전략의 일환으로, 앞으로도 더 많은 파트너십이 예상됩니다.
RedCloud Holdings (RCT) a annoncé un partenariat stratégique avec Paystack, une société de Stripe, marquant le premier d'une série de collaborations dans le domaine des paiements numériques. Cette collaboration étend l'offre de paiements RedPay de RedCloud au Nigeria, offrant aux entreprises plusieurs méthodes de paiement, notamment les virements bancaires directs et les portefeuilles OPay.
Cette initiative vise à combler le écart d'inventaire de 2 000 milliards de dollars causé par les frictions des paiements numériques dans la chaîne d'approvisionnement. Ce partenariat fait suite à la législation GENIUS Act sur les stablecoins et représente la stratégie plus large de RedCloud pour améliorer la flexibilité des paiements sur ses marchés, avec d'autres partenariats attendus dans les mois à venir.
RedCloud Holdings (RCT) hat eine strategische Partnerschaft mit Paystack, einem Unternehmen von Stripe, bekannt gegeben und markiert damit den Beginn einer Reihe von Partnerschaften im Bereich der digitalen Zahlungen. Die Zusammenarbeit erweitert RedClouds RedPay-Zahlungsangebot in Nigeria und bietet Unternehmen mehrere Zahlungsmethoden, darunter direkte Banküberweisungen und OPay-Wallets.
Die Initiative zielt darauf ab, die 2 Billionen Dollar Inventarlücke zu schließen, die durch Reibungen bei digitalen Zahlungen in der Lieferkette entstanden ist. Diese Partnerschaft folgt auf die GENIUS Act-Gesetzgebung zu Stablecoins und stellt RedClouds umfassendere Strategie dar, die Zahlungsflexibilität in seinen Märkten zu verbessern, wobei in den kommenden Monaten weitere Partnerschaften erwartet werden.
- Strategic partnership with Paystack expands payment options in Nigeria
- Addresses $2 trillion market opportunity in inventory gap
- Timing aligns with favorable GENIUS Act legislation on stablecoins
- Additional payment partnerships planned for other markets
- None.
Insights
RedCloud's partnership with Paystack expands payment options in Nigeria, potentially addressing the $2T inventory gap and positioning for growth.
RedCloud's strategic partnership with Paystack marks a significant expansion of their RedPay payments infrastructure. By integrating Paystack's payment solutions, RedCloud is directly addressing a critical friction point in supply chain commerce—digital payment limitations that contribute to a massive
The partnership enables multiple payment methods including direct bank transfers and OPay wallets for Nigerian businesses, creating immediate value in one of Africa's largest economies. This flexibility at checkout represents a practical solution to a tangible market problem rather than a theoretical technology implementation.
This appears to be the first step in a broader payments partnership strategy, with the company explicitly stating that additional announcements are expected in the coming months. The timing aligns with the recent GENIUS Act legislation on stablecoins, suggesting RedCloud is positioning itself at the intersection of regulatory developments and market needs.
What's particularly noteworthy is how RedCloud is approaching market expansion. Rather than building proprietary payment solutions for each region—an expensive and time-consuming approach—they're leveraging established local payment leaders. This partnership model could accelerate their market penetration while minimizing development costs and regulatory hurdles.
For investors, this represents a potentially scalable growth strategy that could rapidly extend RedCloud's market presence across multiple regions without proportional increases in operational costs.
LONDON, July 24, 2025 (GLOBE NEWSWIRE) -- RedCloud Holdings plc (“RCT”) (“RedCloud” or the “Company”) today announced the launch of the first in a series of partnerships with digital payment providers, expanding its RedPay payments proposition.
Beginning today, Paystack - a Stripe company – will offer RedCloud customers a range of different payment methods at point of purchase, enabling businesses across Africa flexibility and convenience when trading inventory and stock.
RedCloud believes that digital payment friction is a major barrier to seamless trade across the supply chain. Lack of secure and immediate methods to pay for inventory and stock directly contributes to the estimated
Building on RedPay’s existing proprietary digital payment capabilities, customers in Nigeria will now have access to a wider range of additional payment options, including direct bank transfers and OPay wallets.
By entering partnerships with key payments providers such as Paystack, the Company aims to increase flexibility and convenience at checkout across all of its markets, with additional announcements anticipated in the coming months.
"Following the landmark GENIUS Act legislation on stablecoins this week, credible digital payment options are expanding—bringing greater choice and flexibility to support dynamic trade in high-growth markets such as Argentina, where such innovation is more vital than ever," said Justin Floyd, Founder and CEO of RedCloud. “We’re thrilled to partner with Paystack in Nigeria—a first step in our broader strategy to offer customers across our markets the widest range of digital payment options and providers.”
Nefe Etomi, Business Lead at Paystack added, “We’re thrilled to partner with RedCloud to make payments easier and more flexible between distributors and retailers across Nigeria. Whether it’s a direct transfer or an OPay wallet, our focus is on delivering intuitive, reliable experiences that remove friction and empower our merchants to grow. This partnership reflects our shared belief in the power of technology to unlock trade.”
About RedCloud Holdings plc
RedCloud has developed and operates the RedCloud trading platform (the “Platform”), 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 brands, distributors and retailers in high growth consumer markets.
Through RedCloud’s Platform, retailers are enabled to use data driven 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 www.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 success of the Company’s partnership with Paystack, the utility of the additional payment options provided by Paystack to distributors and retailers on the Platform, and the Company’s ability to partner with additional payments providers to grow the range of payment options provided through RedPay. 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.
Contacts:
Investor Relations
Ryan Flanagan
Investor.relations@redcloudtechnology.com
Media Relations
James McCarthy
media@redcloudtechnology.com
[1] ihl-out-of-stock-vision-study-en-us.pdf
FAQ
What is the new partnership between RedCloud (RCT) and Paystack?
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What payment options will be available through RedCloud's Paystack partnership in Nigeria?
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How does the GENIUS Act legislation affect RedCloud's payment strategy?
