DealsJun 8, 2026, 08:16 AM
RedCloud Signs Major Beverage Manufacturer for RedAI in Nigeria, Scaling to 100,000 Retailers
AI Summary
RedCloud Holdings plc announced a new commercial agreement with a leading Nigerian beverage manufacturer to deploy its RedAI infrastructure across Lagos. This initial three-month engagement will scale from 2,500 to up to 100,000 retailers under a volume-based subscription model, marking a significant enterprise customer win in RedCloud's fastest-growing market, Nigeria, which saw 68% revenue growth in 2025. The company also highlighted its 2025 revenue of $48.5 million and $3.2 billion in total transaction value across RedAI, alongside up to $80 million in combined contracted joint venture and licensing infrastructure revenue from other markets.
Key Highlights
- RedCloud signed a leading Nigerian beverage manufacturer to deploy its RedAI infrastructure.
- The agreement scales from an initial 2,500 consenting participants to up to 100,000 retailers.
- Nigeria, RedCloud's highest-growth market, saw revenue increase 68% year-over-year in 2025.
- Combined contracted joint venture and licensing infrastructure revenue totals up to $80 million.
- RedCloud reported $48.5 million in revenue for the full-year 2025.
- Total transaction value across RedAI infrastructure reached $3.2 billion in 2025, up 31% year-over-year.
- The RAID engine is trained on $6.9 billion of cumulative proprietary FMCG transactional data.
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