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RC365 Holding PLC on Monday announced the soft launch of its RC3.0 mobile application, an upgraded version of its flagship fintech platform that adds virtual banking account and merchant payment services. Shares in RC365 were up 16% at 1.42 pence in London at midday on Monday. The payment solutions and fintech company operating primarily in east and southeast Asia said RC3.0 builds on its previous RC2.5 application, which introduced the Asset Link Credit Card function, and is expected to be commercially launched later in June. The new platform includes banking virtual account services, allowing individuals and merchants to obtain virtual bank accounts through an application programming interface portal. The accounts support personal and commercial transactions and are backed by payment gateway and banking partners in Hong Kong. The initial rollout will be limited to selected users and merchant partners to gather feedback and test system performance ahead of a wider launch. RC365 said the platform combines account services and merchant payment functions within a single application. Chief Executive Officer Chi Kit Law said: ‘RC3.0 represents an important milestone in the group’s strategy to build an integrated regional fintech ecosystem. ‘By combining virtual account capabilities with merchant POS infrastructure, we believe the platform is well positioned to support scalable user growth and transaction volume expansion across our target markets.’ Copyright 2026 Alliance News Ltd. All Rights Reserved.
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