Company Research Report: RedCloud Technology

Company Overview

• Name: RedCloud Technology

• Mission: AI powered technology that removes barriers to fair & profitable trade in emerging markets.

• Founded By: Justin Floyd (CEO & Co-Founder), Soumaya Hamzaoui (COO & Co-Founder)

• Key People:

• Justin Floyd - CEO & Co-Founder

• Soumaya Hamzaoui - COO & Co-Founder

• Ankur Modi - Chief Technology Officer

• Juandre De Jong - SVP Innovation & Future Ventures

• Richard Brenchley - SVP - Engineering

• Gillian Hinton - SVP - People

• Nina Laurie - SVP - Global Marketing

• Mohammed Moeen - SVP - Product

• Neil Woodman - SVP - Finance

• Ebere Ogwumoyi - VP - Retail Growth

• Henrique Celentano - VP - Global Growth and Partnerships

• Hans Rudolf Kunz - Chairman

• Headquarters: No information is available

• Number of Employees: Over 300 people across more than 10 countries.

• Revenue: No information is available

• Known For: Their Intelligent Open Commerce Platform which facilitates better decision-making and opportunities by helping businesses access a rapidly expanding network of retailers.

Products

Red101®

• Description: A decentralized platform that connects FMCG goods manufacturers and distributors with thousands of retailers efficiently.

• Key Features:

• Allows buying from multiple sellers at once.

• Offers access to promotional prices and discounts.

• Provides airtime and bill payment services.

• Integrates with existing ERP and POS systems.

RedAds™

• Description: A marketing platform for brands and distributors on the Red101, targeting offers and promotions to engaged audience.

• Key Features:

• Micro-targeted campaigns based on various segments like location, retailer behavior.

• In-app advertising, push notification, and sponsored product features.

RedInsights™

• Description: Provides market insights using thousands of data points to identify trends and opportunities.

• Key Features:

• Advanced reports into market conditions.

• Notification alerts for price fluctuations and sales deceleration.

RedPay™

• Description: A cashless, bankless digital payment platform for retailers and distributors.

• Key Features:

• Enables digital payments switching for micro-businesses.

• Real-time payment reconciliation.

• Streamlined financial operations via value-added services.

Recent Developments

• New Product Launches:

• Launched lending feature for retailers in South Africa.

• Expansion:

• Red101® launched in the USA.

• Technology Leadership:

• Appointed Ankur Modi as Chief Technology Officer.

• New Partnerships:

• Collaborations with third-party logistics companies to address challenges in logistics and last-mile delivery.

• Strategic Growth:

• RedCloud's Intelligent Open Commerce Platform recorded over $500 million in trade volume in Nigeria within 12 months.

• Sustainability Initiatives:

• Implemented eco-friendly distribution practices, emphasizing sustainability in emerging markets.

• Media Presence:

• CEO Justin Floyd and COO Soumaya Hamzaoui are featured in multiple media platforms emphasizing innovation and Open Commerce.

This information paints a detailed picture of RedCloud Technology's offerings and strategic direction, showcasing their potent mix of innovative products, market presence, and leadership, all centered around their mission to revolutionize commerce in emerging markets through their Intelligent Open Commerce Platform.