RedCloud
Waqas Akram is a seasoned professional with extensive experience in software development and project management, currently serving as Development Manager at RedCloud Technologies Ltd since March 2013, overseeing complex bank-grade mobile payments and banking platforms. Prior roles include Director of Development at RedCloud, Director at Samar Sol Ltd, and Software Consultant at Cambridge Assessment, where Waqas contributed to application design and development projects. Previous positions include technical leadership at Iceni Mobile Ltd on mobile payment solutions, technical consulting at the State Bank of Pakistan, and software engineering at Xavor Corporation and Trisoft. Waqas holds an MSc in Computer Science from the University of the Punjab and completed executive training in Software Project Management at IBA Karachi.
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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.