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Stage

Acquired | Acquired

About RTCORE (Acquired by iSocialy)

RTCORE develops banking software that uses data migration and conversion methods that quickly enable global banks to dramatically improve efficiency ratios and reduce risk while enhancing the customer experience.On August 31st, 2020, RTCORE was acquired by iSocialy. The terms of the transaction were not disclosed.

RTCORE (Acquired by iSocialy) Headquarter Location

3 Charlesfort Place

Hilton Head Island, South Carolina, 29926,

United States

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Latest RTCORE (Acquired by iSocialy) News

RTCORE Acquires Minority Stake in Digital Asset Start-up

Nov 27, 2020

New venture anticipates delivering dramatic enhancements to blockchain performance for all financial transactions RTCORE Inc., a Delaware corporation, has entered into a strategic venture with Swiss FinTech ETA21 AG to create OOCHA Corp. As part of the deal, RTCore has issued a perpetual license for its transaction processing technology to ETA21 in exchange for a 20% stake in the company. Expected to commercially launch next summer, the new venture will deploy RTCore’s Kernel Architecture in an ultra-fast, high volume blockchain -based global payments infrastructure. “RTCore’s performance and scalability are extraordinary. We’re very bullish on the system’s innovative data and process architectures to set new volumetric processing standards while delivering proactive embedded monitoring capability on all types of financial transactions in the blockchain,” says OOCHA’s Director of International Business Development Alex von Mühlenen. RTCore’s Chief Operating Officer, John Kelly , said “An exciting component of this venture calls for OOCHA’s Digital Assets to be branded with our RT logo.” Kelly continued “The strength and depth of our real time, event-driven architecture is starting to resonate within the global FinTech industry, and we’re working hard for that trend to continue. ETA21’s decision to leverage our core processing technology to create OOCHA while adopting our RT brand in their digitized asset products and services will increase our brand awareness on a global scale.”

  • Where is RTCORE (Acquired by iSocialy)'s headquarters?

    RTCORE (Acquired by iSocialy)'s headquarters is located at 3 Charlesfort Place, Hilton Head Island.

  • What is RTCORE (Acquired by iSocialy)'s latest funding round?

    RTCORE (Acquired by iSocialy)'s latest funding round is Acquired.

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