28 August 2020

Turku, Finland. REDi Ai has signed a contract with an Indonesian financial technology company operating a point of sales tool. During phase one of the partnership, REDi’s value transfer technology will be piloted in 250 store fronts,  number increasing to 1000 locations in Q1/2021.

“The team and I are extremely proud to announce we have reached this  important milestone: After just six months of operations, we have closed our first major commercial deal. We now have a clear go-to-market path that not only provides us an opportunity to  develop our technology in the real world, but also starts generating revenue  for the company” states Mr. Elia Elenius, Co-founder and Chairman of the Board of Directors at REDi Ai.

REDi develops next generations value transfer solutions. In the first use case, the technology  will be used to provide and enhance customer acquisition systems and retention tools, such as loyalty and reward programs. In later phases, REDi aims to expand  into payments,  and finally  open up the platform for third party service providers.

For inquiries and further information, please contact:

Elia Elenius, Co-Founder, CoB

elia@redi.ai

+358 (0) 40 680 2552