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RedCloud Signs Up to $30M Saudi Licensing Agreement to Deploy Its RAID Engine Across $68Bn FMCG Market

RCT
  • RedCloud Holdings plc signed a five-year licensing agreement valued up to $30 million to deploy its RAID engine in Saudi Arabia.
  • The contract is structured at $6 million annually based on revenues generated by RAID within the Kingdom.
  • The deal targets Saudi Arabia's $68 billion FMCG market to address a $9.4 billion inventory imbalance caused by fragmented supply chains.
  • This agreement operationalizes RedCloud's joint venture strategy by combining local infrastructure with its AI-driven intelligence layer for real-time decision-making.
  • The partnership aligns with Saudi Arabia's Vision 2030 agenda to support a digitally enabled, self-sustaining economy.
  • This marks RedCloud's second major licensing agreement following its $50 million Türkiye joint venture announced in December 2025.
  • RedCloud's combined contracted joint venture infrastructure revenue now totals up to $80 million.
  • CEO Justin Floyd stated that RAID provides essential intelligence infrastructure for global FMCG trade decisions, distinguishing it from standard software.
  • The RAID dataset required four years to accumulate across six markets, with no equivalent identified elsewhere to date.
  • RedCloud is a British company listed on NASDAQ under the ticker "RCT" since March 2025, co-founded by Justin Floyd and Soumaya Hamzaoui.