Soumaya Hamzaoui

COO at RedCloud

Soumaya Hamzaoui is a seasoned professional with extensive experience in operations, project management, and product strategy. As a co-founder and current Chief Operating Officer at RedCloud since May 2013, Soumaya oversees operations technology, sales, and marketing, while also serving as Chief Product Officer, focusing on product strategy and technological disruption in financial services for emerging markets. Prior to RedCloud, Soumaya held senior project management roles at Altran and Orange, leading significant projects such as the implementation of Orange Money across multiple African countries. Educationally, Soumaya holds an Engineer's Degree in Business Engineering from Télécom SudParis and a Master's Degree in Electrical and Electronics Engineering from Université Aboubekr Belkaid.

Location

Paris, France

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RedCloud

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RedCloud Technologies is a UK based company. It aims to tackle a $19tn B2B cash payment problem existed in the supply chain of the emerging markets, where the cost of cash is estimated to be 10% of the revenue. Through RedCloud’s platform, manufacturers, distributors, and merchants are connected and benefited from real-time payment, advancedbusiness insights and access to financial services. In addition, with valuable data captured in the platform, credit scoring for previously unbanked merchants are now possible. Merchants are therefore being financially included while financial institutions have access to the previously untapped market. Manufacturers, on the other hand, are closer to their end-consumers for targeted sales and marketing campaigns. The company was established in 2014. Its team came from mPesa, one of the most successful mobile money providers in the world, where 40% of the population in Kenya is using that platform.RedCloud has successfully built the first supply chain focused marketplace in Latin America in conjunction with Citibank, NCR and a number of leading FMCGs. It is actively expanding to Asian and African markets.


Employees

51-200

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