RC365 Holding plc

Equities

RCGH

GB00BMG8BL95

Financial Technology (Fintech)

Market Closed - London S.E. Other stock markets 11:35:14 2024-05-15 am EDT			5-day change	1st Jan Change
3.35 ^GBX	-5.63%		-6.94%	-73.20%

Apr. 18	RC365 Unit Secures Grant from Hong Kong's Government	MT
Apr. 18	RC365 Holding's subsidiary receives GBP100,000 grant from Hong Kong	AN

RC365 signs deal for rights to YouneeqAI'S platform

September 01, 2023 at 09:14 am EDT

(Alliance News) - RC365 Holding PLC on Friday said it signed an exclusive rights agreement with YouneeqAI Technical Services Inc to distribute and resell YouneeqAI's platform to customers on an exclusive basis in the UK.

Shares in RC365 were down 12% at 67.88 pence each in London on Friday afternoon.

This comes after the London-based company focusing on payment gateway solutions and IT support services signed a non-legally binding letter of intent in August to acquire exclusive rights to YouneeqAI's intellectual property and platform in the UK.

The consideration for the deal is the issue of 6.0 million shares. YouneeqAI will also receive 1% of any gross revenue generated from the use of the platform by RC365.

RC365 is the holding company of Regal Crown Technology Ltd, a fintech solutions service provider in China and Hong Kong.

YouneeqAI is a Denver, Colorado-based artificial intelligence platform focused on product customisation and recommendations.

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about RC365 Holding plc

RC365 Unit Secures Grant from Hong Kong's Government	Apr. 18	MT
RC365 Holding's subsidiary receives GBP100,000 grant from Hong Kong	Apr. 18	AN
RC365 Holding plc Receives Government Grant	Apr. 18	CI
RC365 shares rise as defers YouneeqAI contract until October	Mar. 11	AN
Beowulf raises funds for Kallak iron ore project	Mar. 04	AN
RC365 Holding plc announced that it expects to receive £4 million in funding from Mill End Capital Ltd	Mar. 03	CI
RC365 Bags Prepaid Card Services Contract in Japan	Jan. 31	MT
RC365 Holding celebrates GBP600,000 contract with new Japanese client	Jan. 31	AN
RC365 Holding plc Wins Two Year Contract with New Client in Japan	Jan. 31	CI
EARNINGS: Inspirit Energy pretax loss narrow, while RC365's widens	Dec. 27	AN
Earnings Flash (RCGH.L) RC365 HOLDING Posts Fiscal H1 Revenue HK$6.8M	Dec. 22	MT
RC365 Holding plc Reports Earnings Results for the Half Year Ended September 30, 2023	Dec. 22	CI
Helium One says Tai-3 rig temporarily shut down	23-10-30	AN
RC365 Signs MoU for Fintech Platform With Koperasi Usaha Maju Kuala Lumpur	23-10-30	MT
NWF trades in line with expectations	23-09-28	AN
RC365 Holding Launches New Subsidiary in Malaysia	23-09-28	MT
RC365 Holding plc Announces Establishment of New Subsidiary in Malaysia	23-09-28	CI
FTSE 100 Bounces Back Amid Rising Oil, Copper Prices	23-09-01	DJ
RC365 signs deal for rights to YouneeqAI'S platform	23-09-01	AN
RC365 drops after exclusive rights deal	23-09-01	AN
RC365 Signs Intellectual Property Rights Deal With YoouneeqAI; Shares Drop 11%	23-09-01	MT
RC365 Holding Plc Signs Agreement with YouneeqAI for IP Rights	23-09-01	CI
RC365 buys exclusive UK rights to US-based YouneeqAI's platform	23-08-14	AN
RC365 Enters Nonbinding Deal for YouneeqAI IP Rights	23-08-14	MT
RC365 Holding Plc Signs a Non-Binding Letter of Intent with YouneeqAI Technical Services Inc	23-08-14	CI

Chart RC365 Holding plc

Duration

Period

More charts

Company Profile

RC365 Holding PLC is a holding company. The Company, through its subsidiary, Regal Crown Technology Limited, is a fintech solutions service provider. Its business segments include Payment gateway solutions (online and offline), IT support and security services, CatchAR and Maid-maid Matching. Its payment gateway solutions (online and offline) provide a secure payment gateway service facilitating the growing banking needs of the Asian community for cross-border payment services. IT support and security services provide IT technical support services on a 24/7 basis, cyber security consultation services and portal support services to its clients. CatchAR is its internally developed mobile application for Android and iOS, which provides clients in businesses, such as catering and entertainment which address numbers of consumer customers, a platform to promote their services and branding through its augmented reality and visual reality systems. It also offers media and advertising services.

Sector

Financial Technology (Fintech)

Calendar

2024-09-26 - Q4 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Sector Financial Technology (Fintech) (NEC)

	1st Jan change	Capi.
RC365 HOLDING PLC	-73.20%	5.98M
INTUIT INC.	+4.89%	178B
FIDELITY NATIONAL INFORMATION SERVICES, INC.	+28.60%	42.49B
ADYEN N.V.	+9.67%	42.33B
AFFIRM HOLDINGS, INC.	-34.32%	10.34B
FUTU HOLDINGS LIMITED	+35.99%	10.14B
HITHINK ROYALFLUSH INFORMATION NETWORK CO., LTD.	-26.02%	8.91B
PB FINTECH LIMITED	+60.03%	6.59B
STONECO LTD.	-15.42%	4.73B
ACI WORLDWIDE, INC.	+20.75%	3.85B

Financial Technology (Fintech) (NEC)