This is why I invested here.12 Oct 2023 11:55
After working for almost two decades developing banking technology for some of the biggest banks in the world, including Standard Chartered and JPMorgan, Chi Kit Law felt there were several things a startup fintech company could do much better.
Developing products to make it easier for small business in his Hong Kong homeland to carry out cross-border payment solutions with Asia Pacific (APAC) and Greater China, he could easily see how rolling this product out to all the businesses that currently deal with APAC and Greater China might prove incredibly popular.
RC365 Holding PLC (LSE:RCGH) is a fintech company that provides payment gateway solutions and IT support services. The company has recently announced a number of partnerships and agreements, including a collaboration agreement with APEC Business Services Limited to develop and enhance the RC2.0 App into the advanced RC3.0 version.
RC365 Holding PLC also announced that its subsidiary, RCPAY, has signed a BIN Sponsorship and Co-Brander Agreement with Key Solution Venture (KSV), a licensed MasterCard Worldwide Issuer in HK. This agreement will allow RCPAY to print its brand on a Mastercard Credit Card used by Hong Kong Residents.
In addition, RCPAY Limited has signed a custodian deed agreement with UniTrust Global Limited enabling RCPAY to provide custodian accounts to its customers in Hong Kong.
These recent partnerships and agreements are a sign of RC365 Holding PLC's commitment to growth and expansion. The company is well-positioned to capitalize on the growing demand for fintech solutions in the Asia Pacific region.
Here are some of the key takeaways from the news articles you shared:
RC365 Holding PLC's subsidiary, Regal Crown Technology Limited, has signed a collaboration agreement with APEC Business Services Limited to develop and enhance the RC2.0 App into the advanced RC3.0 version.
RC365 Holding PLC said subsidiary RCPAY has signed a BIN Sponsorship and Co-Brander Agreement with Key Solution Venture (KSV), a licensed MasterCard Worldwide Issuer in HK.
Payment gateway solutions and IT support company RC365 Holding PLC (LSE:RCGH)βs Hong Kong subsidiary RCPAY Limited has signed a custodian deed agreement with UniTrust Global Limited enabling RCPAY to provide custodian accounts to its customers in Hong Kong.
The company is clearly making progress in its growth and expansion plans. I would recommend keeping an eye on RC365 Holding PLC as it continues to develop its fintech solutions.