RC365 Holding PLC (LSE:RCGH) shares climbed, rising 15.9% on Monday to 1.42p, after it told investors that it has soft-launched RC3.0, the latest upgrade to its flagship mobile application, as the fintech group targets a wider commercial rollout this month.
The updated platform adds Banking Virtual Account services for merchant acquiring, settlement and e-banking pay-in and pay-out solutions, alongside a Merchant Owned Ecosystem POS function supporting QR code and digital currency payments.
RC365 said the soft launch will be limited to selected users and merchant partners, allowing the company to gather feedback, optimise performance and test system stability before a broader launch.
Chief executive Chi Kit Law said RC3.0 marked “an important milestone” in the group’s strategy to build an integrated regional fintech ecosystem, combining virtual account capabilities with merchant POS infrastructure.
The company said the application is intended to serve retail individuals and businesses across Hong Kong, Southeast Asia and other target markets.
