News
16 Sept 2024
Readen Holding Corporation (OTC Pink: RHCO) Announces Filing of June 30, 2024 Annual Financial Statements with OTC Markets, Achieving Net Profit and Strategic Expansion in Fintech
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."