London, UK and Lagos, Nigeria, June 08, 2026 (GLOBE NEWSWIRE) -- RedCloud Holdings plc (Nasdaq: RCT) (“RedCloud” or the “Company”), the technology company building intelligent infrastructure for global trade, today announced the signing of a leading beverage manufacturer (the “Customer”), one of the largest producers and distributors of carbonated soft drinks in the country. Through an initial three-month commercial engagement, the Customer will deploy RedCloud’s RedAI infrastructure across its Lagos route-to-market, under a tier-upgrade structure scaling to up to 100,000 retailers, to unlock new growth opportunities downstream FMCG distribution flow. Structured under volume-based subscription tiers, RedCloud will deploy RedAI infrastructure and its Forward Deployed Officers—the Company’s field activation network—across Lagos State to identify untapped retail opportunities, secure verified Participant consent, and deliver Consented Participant Data and Derived Intelligence to the Customer through the RedAI infrastructure. The agreement marks RedCloud’s latest enterprise customer win in the Company’s highest-growth market, where revenue increased 68% year-over-year in 2025. The agreement includes a defined tier-upgrade mechanic starting with 2,500 consenting participants for the Customer, scaling to up to 100,000 retailers to provide a structured commercial pathway for expansion across the Customer’s downstream distribution ecosystem. Highlights Customer: a leading beverage manufacturer, one of the largest producers and distributors of carbonated soft drinks in Nigeria. Technology: RedAI infrastructure and associated products, powered by the RAID (Realtime AI for Distribution) engine, integrated with field activation and mobile retailer app. Scale: Indicative target of 2,500 consenting Participants onboarded onto RedAI; tier-upgrade mechanic providing a defined commercial pathway scaling to up to 100,000 retailers. The RAID Engine: Real-Time AI Infrastructure for FMCG Distribution At the center of this deployment is RedAI's RAID (Realtime AI for Distribution) engine, the AI infrastructure layer designed to provide intelligence through user applications. RAID is trained on $6.9 billion 1 of cumulative proprietary FMCG transactional data, including trading data across multiple cities within Nigeria. RedAI’s ‘Data Foundation’ has been aggregated across the RedAI infrastructure, and in March 2026 the first model within it outperformed industry benchmarks for accuracy across 3.7 million live FMCG transactions in an R&D validation — a level considered above benchmark for ranking and recommendation systems. This engagement will further expand the proprietary trading dataset that trains the recently announced RAID engine, deepening RedCloud’s data moat in the FMCG segment and reinforcing the Company’s position as the intelligence infrastructure provider for high-growth FMCG distribution corridors. RAID is currently in deployment phase in Türkiye following the Company’s up to $50 million licensing agreement under its joint venture and is being rolled out across Saudi Arabia’s $68 billion FMCG market 2 under the up to $30 million licensing agreement announced in April 2026, bringing combined contracted joint venture and licensing infrastructure revenue to up to $80 million based on jointly generated revenues in each market. Use cases expected to be supported by RedAI in the future under this agreement include retail whitespace identification, distributor performance benchmarking, geospatial expansion planning, category penetration analysis, predictive demand forecasting, and suggested order recommendations — capabilities that form the foundation for the planned rollout of RedCloud’s three specialist RedAI agents in H2 2026, each designed to partially automate high-frequency and high-value FMCG supply chain decisions. Strategic Significance The Company believes this agreement represents continued commercial validation of RedAI and demand for better intelligence across the FMCG segment in Nigeria, RedCloud’s largest and fastest-growing operating market. The agreement follows RedCloud’s audited full-year 2025 results, reported on May 18, 2026, of $48.5 million in revenue and $3.2 billion in total transaction value across RedAI infrastructure (up 31% year-over-year), with cumulative trades across RedAI reaching $6.9 billion. The combined contracted joint venture and licensing infrastructure revenue from RedCloud’s up to $50 million Türkiye licensing agreement and up to $30 million Saudi Arabia licensing agreement totals up to $80 million. For the Customer, the engagement seeks verified, real-time visibility into the company’s downstream retail footprint — historically a blind spot for FMCG manufacturers in Nigeria — and is expected to create the foundations to operationalise AI-driven decisioning across commercial and route-to-market functions. Executive Commentary Justin Floyd, Founder and CEO of RedCloud, said , “This a