READEN HOLDING CORPORATION (OTC PINK: RHCO), a prominent Venture Capital Corporation in Fintech, Online Payment, and E-commerce, today announced the filing of its financial statements for the quarter ending September 30, 2024, with OTC Markets Disclosure & News Service.

RHCO delivered a solid net profit of $462,025 for the quarter, reflecting the ongoing success of its Fintech-driven strategy and demonstrating resilience in a rapidly evolving market. Building on the Company’s 2024 fiscal year-end results, this quarter’s performance underscores the increasing demand for RHCO’s financial technology offerings.

This period’s financial results also highlight the growth trajectory of RHCO’s hybrid payment solution, Readies. Since its inception, Readies has transformed payment experiences through its innovative, blockchain-enabled platform. Following a recent rollout of advanced features, Readies now offers enhanced security and flexibility to merchants and users globally, further strengthening RHCO’s market position and revenue growth.

Ridzky Berg, CEO of RHCO, remarked, “We are encouraged by our strong results this quarter, which reflect our focus on high-value Fintech solutions that meet today’s digital economy demands. With Readies and our other initiatives, RHCO is well-equipped to address the needs of an expanding global customer base. We anticipate sustained growth as we continue to advance our platform, integrate new features, and expand into new markets. Our team remains committed to driving innovation and creating value for our shareholders as we move forward with a strong outlook for 2025.”

Readen Holding Corporation (OTC PINK: RHCO), a Venture Capital Corporation focused on the Fintech, Online Payment, and E-commerce sectors, today announced a significant expansion of its hybrid payment solution, Readies, into new markets. By integrating additional Alternative Payment Methods (APMs), consumers across Asia, South America, and Africa now have more convenient ways to purchase Readies, enhancing its global availability.

Consumers in regions such as India, Indonesia, Argentina, Brazil, and key African countries can now access Readies through a variety of local payment methods, in addition to traditional credit cards like Visa, Mastercard, American Express, and JCB. The newly added APMs include UPI (India), Cash RapiPago (Argentina), M-Pesa (Africa), and QRIS (Indonesia), providing merchants with a broader range of payment options. This empowers merchants to capture new markets and boost their revenue potential.

Readies is a hybrid payment solution that allows merchants to receive payments quickly and securely. Originally launched in late 2021 as an eVoucher payment system, Readies swiftly became a preferred choice among online merchants, particularly in higher-risk sectors underserved by traditional payment providers.

The latest version of Readies has evolved into a cutting-edge hybrid payment solution, leveraging blockchain technology to enhance both security and privacy. Built on the Binance Smart Chain (BSC), Readies operates as a BEP-20 token with a fixed value of 0.1 EUR per token. By integrating Readies into their service, merchants can offer customers over 100 payment options, including major credit and debit cards, local wallets, direct banking, and cryptocurrencies, providing unmatched flexibility. It allows merchants to diversify their payment methods, enabling smooth cross-border transactions while expanding their customer base.

As part of RHCO’s broader fintech innovation, Readies has already gained strong traction in Europe and the USA. Now, it is positioning itself as a major player in the emerging online payment market by offering both local and global payment solutions that cater to the evolving needs of consumers and merchants. This expansion reflects the company’s commitment to delivering a reliable, secure, and flexible payment solution on a global scale.

Ridzky Berg, CEO of RHCO, stated, “This is a pivotal moment for Readies as we continue to expand our global footprint. By introducing additional payment options in key growth regions, we are providing both merchants and consumers with a more versatile, frictionless payment experience. We expect this strategic expansion to substantially increase merchant adoption and contribute to revenue growth, especially in emerging markets where digital payment solutions are in high demand.”

Country APM
Argentina: Cash RapiPago, Pago Facil
Azerbaijan: Kapitalbank M10
Bangladesh: bKash, Nagad
Brazil: TED, Boleto Bancário, PIX, PicPay
Chile: Khipu, Webpay, Mach, Vita Wallet
Colombia: PSE, Wallet Tpaga
Egypt: Etisalat Cash, Vodafone Cash, Orange Cash, CIB Smart Wallet
Ghana: AirtelTigo, Vodafone
India: UPI
Indonesia: QRIS, BCA-VA
Kenya: Mpesa, Airtel
Kyrgyzstan: Optima24
Mexico: Todito
Malaysia: Duitnow
Pakistan: JazzCash, EasyPaisa
Philippines: GCASH, MAYA
Thailand: TrueMoney, THB QR
Turkey: Papara, Payfix
Uganda: MTN, AirtelTigo
Vietnam: MOMO

READEN HOLDING CORPORATION (OTC PINK: RHCO), a Venture Capital Corporation specializing in Fintech, Online Payment, and E-commerce, announced today that the Company has filed its financial statements for the year ending June 30, 2024, with OTC Markets Disclosure & News Service.

RHCO continues to demonstrate strong financial performance, reporting a net profit of $935,434 for the year ended June 30, 2024. The Company’s sustained progress further underscores its ability to adapt to market changes and optimize its operations across its diverse portfolio of subsidiaries.

Through years of dedicated effort, RHCO has successfully transformed into a company with 90% of its focus now centered on Fintech, representing a significant shift from its trading origins. This strategic pivot aligns with the rapidly expanding opportunities in the Fintech industry, enabling RHCO to scale its subsidiaries, including OkePay, Oke Partners (OkeApp), and Readies, to new heights.

Notably, Readies — RHCO’s innovative blockchain-enabled payment solution — continues to gain traction among merchants in various sectors. With an upgraded version introduced last year and its recent integration with OpenCart, Readies has substantially increased its merchant and customer base, reinforcing RHCO's position in the evolving Fintech ecosystem.

Ridzky Berg, CEO of RHCO, stated, "We are incredibly proud of our achievements this year, with significant growth, particularly in the Fintech sector, reflecting our team's innovative drive and strategic vision. Our ability to offer seamless payment solutions, including support for cryptocurrencies and blockchain technologies, has solidified our position as a leader in the evolving financial technology landscape. As a Fintech-focused company, we are excited to embark on even bigger and more ambitious ventures in 2025 and beyond. The future holds many exciting developments, and we are ready to seize these opportunities. We extend our sincere gratitude to our shareholders for their continued trust and support, and we look forward to another year of remarkable progress and success."