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RedCloud Launches Its B2B Open Trade Platform in Mexico

RedCloud Technologies, the UK-based global technology company, launches its Open Trade B2B Platform to Mexico to empower merchants.

The RedCloud platform already has more than 30,000 registered merchants who have served more than 1.2 million customers and has one of the largest payment networks in the world, allowing global brands to offer a local experience to all parts of your chain of sale. Stores can trade with well-known brands, allowing them to quickly enter the digital economy.

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With the Red101 application, merchants can offer digital services through any connected device, selling electronic top-ups from brands such as AT&T, Unefon, Virgin, Maz Tiempo and Movistar to their customers.

Through the platform, merchants can satisfy consumers who want a faster and more personalized way to shop at their favorite stores, while allowing stores and sellers to trade and pay in the new digital economy.

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Justin Floyd , CEO of RedCloud said “RedCloud’s mission is to economically empower the world’s small businesses by seamlessly connecting them to large consumer brands and being part of the open trade revolution. Mexico is a market full of entrepreneurs who need a best way to trade, pay and finance their businesses to meet accelerating consumer demand. We are delighted to partner with Banco Banorte and the Monterrey Digital Hub to make commerce universally accessible. “

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Recently, RedCloud was selected by the United Kingdom Department of International Trade (UK DIT) as one of the five best British Fintech companies in the ScaleUp Bridge program, a joint program with Grupo Financiero Banorte and the Monterrey Digital Hub. The program seeks to support five English Fintech companies and connect them with Mexico’s digital entrepreneurship ecosystem. Banorte promotes the program by providing specialized advice and mentoring to Fintech companies to reactivate the economy through innovation and attracting talent.

RedCloud is committed to bringing global commerce to local markets, empowering merchants to provide more value and better services to their customers, and this expansion in Mexico is in line with our aggressive growth plans.

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