2024 was a landmark year for RD Technologies as we continued to lead innovation in the digital payments and stablecoin ecosystem. With a strong focus on creating efficient, compliant, and cutting-edge financial solutions, we achieved several significant milestones that set the stage for a promising 2025. Here’s a detailed look at our accomplishments from this remarkable year:
RD’s B2B Payment Business: Redefining Global Business Payments
Key achievements from 2024 include:
· A fully remote onboarding process for seamless access.
· Supporting 8 currencies: HKD, CNY, JPY, USD, GBP, AUD, SGD and EUR.
· Enhanced the onboarding process to improve customer experience.
· Instant payment transfers between RD B2B Payment accounts.
· An impressive 100X growth in transaction volume by the end of 2024 compared to its launch.
HKDR: Pioneering a Global Compliant Stablecoin
Since January 2023, we have dedicated to developing a stablecoin aligned with global regulations. In July 2024, one of the subsidiaries of RD Technologies, RD InnoTech Limited participated the HKMA Stablecoin Issuer Sandbox as one of three admitted applicants, a major leap forward in launching a globally focused and fully compliant stablecoin, which promotes the efficiency of global cross-border transactions.
Series A1 Financing: Strengthening Our Mission
On September 30, 2024, RD Technologies successfully secured US$7.8 million in Series A1 financing. The funding round attracted strategic investments from prominent industry leaders, including:
· Anagram
· Aptos Labs
· Hash Global
· Hivemind Capital
· HongShan
· SNZ Capital
· Solana Foundation
· Upward Capital
This funding will enable RD Technologies to:
· Expand our financial platform that bridges the Web2 and Web3 ecosystems.
· Double down on innovation and development in the PayFi space.
Looking Ahead to 2025 and Beyond
As we conclude a successful 2024, we remain committed to our vision of building a global payment platform that facilitates real-time, low-cost money transfers for SMEs and institutions, by leveraging web2 and web3 technology. This ambitious journey requires collaboration with banks, card networks, issuers, and e-wallet providers.
We are proud of our progress and are eager to explore new opportunities with our partners and clients in 2025. Together, we will continue to shape the future of global payments.
Here’s to an exceptional 2025 ahead! Thank you to all our supporters for being part of our journey.
