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LONDON - RedCloud Holdings plc (NASDAQ:RCT), a $67.25 million market cap technology company with impressive revenue growth of 135% in the last twelve months, announced Wednesday it has joined the NVIDIA Connect program as part of its strategy to develop its RedAI trading platform for Fast Moving Consumer Goods (FMCG) supply chains.
The technology company will gain access to NVIDIA’s AI frameworks, software development kits, and expertise to potentially accelerate its product development roadmap. RedCloud aims to address what it describes as a $2 trillion global inventory gap within the estimated $14.6 trillion global FMCG industry.
Through the NVIDIA Connect program, which offers resources to software development companies, RedCloud plans to enhance capabilities within its RedAI trading platform, Red101 retailer app, and TradeX bulk trading program.
"Joining NVIDIA Connect is an exciting opportunity for our development teams," said Jorge Guerrero, AVP Product at RedCloud. "This program provides us with access to NVIDIA’s ecosystem of AI tools and expertise, which we expect to be instrumental in building powerful AI-native infrastructure to enable intelligent trade of FMCG products across global supply chains."
The company reports it has more than doubled its customer numbers year-over-year in the first half of 2025, maintaining strong gross profit margins of 59%. RedCloud has also recently announced a joint venture in Saudi Arabia and a new partnership strategy for payments and financial services. According to InvestingPro analysis, the company faces significant challenges with its debt burden and cash burn rate, which investors should monitor closely. InvestingPro subscribers have access to 13 additional key insights about RedCloud’s financial health and growth prospects.
RedCloud’s platform aims to facilitate trading of FMCG products across business supply chains by providing retailers with data-driven market insights to help with purchasing and inventory decisions.
The information in this article is based on a press release statement from RedCloud Holdings.
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