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Category: Blog

The True Cost of Cheap Consumer Goods on the Planet

Every day across the globe, billions of consumers are searching for the best deals both online and offline, looking to stretch every dollar as far as possible. This has led to a prevalence of cheaper goods in a race to the bottom, as manufacturers aim to beat down prices. However, beneath every bargain lie hidden […]

How Africa and LATAM Can Break Free from Import Dependency and Increase Local Production

Written by: Soumaya Hamzaoui, COO, RedCloud Countries across Africa and Latin America import billions of dollars worth of products annually, from essential food items to industrial goods, many of which could be produced locally. According to research by BBVA, Latin America’s trade deficit in 2015 with China alone was equivalent to US$8 billion, or 1% […]

Justin Floyd’s End of Year CEO Update

Justin Floyd’s End of Year CEO Update Building The World’s First Open Commerce Network Back in 2018, I outlined to our founding team our mission to build the first trading platform for the world’s small businesses.    As a child I grew up around trading goods and services. At school I traded soccer cards, buying from […]

Celebrating IWD 2024: Inspiring Inclusion across Emerging Markets with Open Commerce

Every year, on the 8th of March, the world unites to celebrate International Women’s Day, with the theme for 2024 being #inspireinclusion. It is a significant day that serves as a powerful reminder of the ongoing struggle for gender equality and the critical need for inclusion across all sectors.  Driving inclusion is even more important […]

Half-time at E-commerce “Must do Better.”

In today’s digital age, online platforms wield immense influence over our daily lives. From Amazon’s e-commerce dominance to Meta’s control over social interactions and Google’s command over information access, these platforms have rapidly grown to dictate a significant part of our online experience. According to McKinsey, platforms are the preferred business model for seven of […]

Redefining the Future of Retail: Key Takeaways from The NRF’24 Retail’s Big Show Conference

Global retail sales are projected to hit $30 trillion by 2024, representing huge growth opportunities for brands and retailers alike. Despite this huge growth opportunity, unprecedented industry disruptions have made winning in retail harder, forcing retail leaders across the US and the globe to find new paths to address this supply chain volatility. These conversations […]

Justin Floyd’s End of Year CEO Update

Justin Floyd’s End of Year CEO Update Building The World’s First Open Commerce Network Back in 2018, I outlined to our founding team our mission to build the first trading platform for the world’s small businesses.    As a child I grew up around trading goods and services. At school I traded soccer cards, buying from […]

Revolutionising Payments with RedPay™ in Nigeria

In the Nigerian retail market, just like other emerging economies, cash remains king as a significant number of all retail transactions are paid for by cash. The World Bank estimates that over 50% of all retail payments globally are done in cash, and in emerging markets like Nigeria and Ghana, that number can rise to […]

Why AI is nothing to fear

Written by Juandre De Jong, SVP Product, RedCloud Artificial Intelligence (AI), especially generative AI tools, have generated a lot of controversy in recent times. With applications that can seemingly do everything, from writing code to making art and more, there are many who believe that AI will become sentient and take over the world like […]