RC365 has signed a 5-year strategic partnership with Blacksilver Trust (Hong Kong) Limited.Today 11:44
RC365 has signed a 5-year strategic partnership with Blacksilver Trust (Hong Kong) Limited.
Under the agreement, RC365’s subsidiary Regal Crown Technology / RC Tech will provide Blacksilver with an integrated fintech package using the RC3.0 platform, including:
Business Virtual Account services
API connectivity
modernisation of Blacksilver’s trust management system
Implementation is due to start immediately. The commercial terms include recurring monthly SaaS fees of US$5,000 per client for each service type, with an 8% annual increase. RC365 may also charge extra mandate fees for additional client-requested services. �
Proactiveinvestors UK
How good is it?
This is good news because it shows RC3.0 is moving from soft launch into real commercial use. It is also better than a vague partnership because there is a visible recurring-fee structure.
The most important part is the wording:
US$5,000 per month per client per service type
That could become meaningful if Blacksilver brings multiple clients and uses more than one service type.
Rough example:
Scenario
Approx annual gross revenue
1 client × 1 service
US$60,000
1 client × 3 services
US$180,000
5 clients × 3 services
US$900,000
10 clients × 3 services
US$1.8m
But the RNS/article does not say how many clients will use it, how many service types will be active, or whether there is a guaranteed minimum.
My view
This is positive and commercially meaningful, especially because it adds recurring B2B revenue potential to RC3.0.
I would rate it as stronger than the soft-launch RNS, because it gives RC365 a real client deployment. But it still needs proof of scale: client numbers, actual monthly revenue, and more partnerships like this.
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