Core Insights - RedCloud Holdings plc announced CEO Justin Floyd's participation in the Future Investment Initiative (FII9) in Riyadh, Saudi Arabia, from October 27–30, 2025, highlighting the company's strategic engagement with global leaders in finance and technology [1][2]. Company Performance - RedCloud has more than doubled its customer base year-over-year in the first half of 2025, expanding its AI-powered trading platform for the global Fast Moving Consumer Goods (FMCG) market [3]. - The company reported full-year 2024 revenue of $46.5 million, representing 135% year-over-year growth, with a Total Transaction Value (TTV) of $2.5 billion processed across its platform [6]. - In the first half of 2025, RedCloud increased its active retailer base to 68,089 customers (up 110% YoY) and expanded its distributor network to 1,017 active customers (up 136% YoY) [6]. Market Opportunity - The global FMCG market is projected to grow from approximately $13 trillion today to $21.8 trillion by 2034, creating significant opportunities for algorithmic infrastructure to enhance trade efficiency and capital deployment [4]. - RedCloud is addressing an estimated $2 trillion inventory gap in the FMCG sector through its RedAI platform, which optimizes trade operations using artificial intelligence and data [3]. Strategic Initiatives - RedCloud has announced strategic partnerships and joint ventures, including expansion into the Middle East market through its partnership with Kayanat, positioning the company at the intersection of AI innovation and global commerce infrastructure [5]. - Floyd emphasized that FII9's focus on geoeconomics, capital formation, artificial intelligence, and energy transition aligns directly with RedCloud's growth and market-entry priorities [5].
RedCloud CEO to Meet Global Leaders at FII9 Following Strong H1 2025 Performance and Eyes Saudi Market Entry