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RD Technologies

RD Technologies is a fintech company focused on facilitating payments and commerce with trust, stability, and efficiency. The company is developing HKDR, a Hong Kong Dollar-backed stablecoin, aiming to enhance the capabilities of digital money and contribute to the global Web 3.0 economy from Hong Kong and Asia.

Pre-Series A Round: $7.80M

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Overview

Project industryFinance Services & Banking
Product typeOrganization
FoundedHong Kong

What is RD Technologies

RD Technologies deploys innovative technologies to build a business world interconnected by trust. Based in Hong Kong, the international financial center and global trading hub, RD Technologies was born out of a mission to make cross-border payments easier and cheaper, and drive financial inclusiveness for businesses.

RD Wallet

RD Wallet is a licenced Stored Value Facility in Hong Kong. It is the first business-focused mobile wallet in Hong Kong that supports multiple currencies, providing secure, fast and cost-efficient payment solution for businesses.

HKDR

HKDR is a stablecoin 1:1 backed by Hong Kong dollars built on a public blockchain. It aims to facilitate payments and commerce with trust, stability, and efficiency.

RD ezLink

A customer due diligence utility designed and developed in accordance with banking regulatory standards that makes seamless remote onboarding and effective compliance with ongoing customer due diligence requirements possible.

Details

Raised: 7,800,000 USD

Legal

Registration country: Hong Kong
Registration year: 2022
Office address:
  • 16/F, Tower 535, No. 535 Jaffe Road, Causeway Bay, Hong Kong
  • Room 1603-1604, T7, Qianhai Kerry Center, Qianhai Road, Qianhai Shenzhen-HongKong Cooperation Zone, Nanshan District, Shenzhen, Guangdong Province, P.R.C.

Token info

Ticker: HKDR
Type: Stablecoin

RD Technologies Roadmap

1
2nd Half of 2020

RDWT incorporated in Hong Kong and formed the team and kick started the product development

2
Nov 2021

Announcing the launch of ezLink business, Hong Kong's first KYC Utility solution, on the main stage at Hong Kong FinTech Week

3
Dec 2021

Grand Opening of Tower 535 New Office

4
Mar 2022

RD ezLink partners with CMB Wing Lung Bank, Bank of East Asia and ZA Bank to support SMEs in accessing financial services

5
Dec 2022

RD Wallet has been granted the Stored Value Facility Licence (SVF0016) from the Hong Kong Monetary Authority

6
Feb 2023

RD Technologies partners with LianLian Global

7
Mar 2023

Grand opening of the new Shenzhen office

8
Nov 2023

RD Wallet Announces Formal Launch

9
Q1 2024

RD Technologies announces its plan to launch HKDR, a Hong Kong Dollar stablecoin, upon regulator's approval.

10
May 2024

RD Technologies partners Chainlink

11
Jul 2024

RD InnoTech Limited, RD Technologies’ subsidiary, is admitted to the Stablecoin Issuer Sandbox of the Hong Kong Monetary Authority

12
Aug 2024

RD Technologies partners Cobo

Project team

Dr. Norman T.L. CHAN
Dr. Norman T.L. CHAN
Dr. Feng XIAO
Dr. Feng XIAO
Wei XU (Wayne)
Wei XU (Wayne)
Hao WANG
Hao WANG
Tony Tuo ZHENG
Tony Tuo ZHENG
Dayong ZHANG
Dayong ZHANG
Yu LIU (Rita)
Yu LIU (Rita)
Chief Executive Officer
Yu LIU (Rita) linkedin
SK Lee
SK Lee
Chief Executive of RD Wallet
SK Lee linkedin
Macky Zhong
Macky Zhong
Chief Technology Officer
Macky Zhong linkedin
Justin Chan
Justin Chan
EVP, Head of Business & Partnership
Justin Chan linkedin
Yuki Cheng
Yuki Cheng
Chief Human Resources Officer
Yuki Cheng linkedin
Savio Hui
Savio Hui
EVP, Head of Risk & Compliance
Savio Hui linkedin
Karen Fong
Karen Fong
EVP, Head of Finance
Karen Fong linkedin
Karen Wat
Karen Wat
Legal Counsel
Karen Wat linkedin

Social media

RD Technologies web-siteRD TechnologiesYouTubeRD Technologies InstagramRD Technologies LinkedInRD Technologies X (Twitter)RD Technologies Facebook

MVP

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