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Software & SaaS Fintech & Payments Rc365

RC365 Launches wealth management SaaS platform targeting

"With a development investment of approximately US$150,000, we have created a platform potentially capable of generating multi-million dollar annual revenue," said Chi Kit Law, Executive Director

by tickstock newsroom
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RC365 Holding (LSE:RCGH), a fintech solutions and payment services provider operating primarily in East and Southeast Asia, has launched a Wealth Management System designed as a turnkey software-as-a-service platform for trust companies and wealth management institutions.

The platform, developed for approximately US$150,000, is available for licensing at US$5,000 per subscriber per month.

The company estimates that onboarding five to eight trust company subscribers in the first 12 months would generate annual recurring revenue of US$300,000 to US$480,000 from subscriptions alone, with payback on development costs achievable within four to six months of reaching that target.

Three revenue channels underpin the model: SaaS subscription fees, customisation services billed at US$1,000 per man-day, and client referral commissions of 0.5% to 1.5% on assets placed with subscribing trust companies.

A fourth stream arises from ecosystem integration: trust companies adopting the platform are expected to also subscribe to RC365's Banking Virtual Account service, itself priced at US$5,000 per month, adding an estimated US$300,000 to US$480,000 in Year 1 BVA revenue.

Across all channels, the company's illustrative combined Year 1 revenue range is US$780,000 to US$1.9m.

"With a development investment of approximately US$150,000, we have created a platform potentially capable of generating multi-million dollar annual revenue," said Chi Kit Law, Executive Director and Chief Executive Officer.

The initial phase will focus on onboarding early-adopter trust companies ahead of broader commercial rollout.

by tickstock newsroom

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