REG - Amazing AI PLC - Strategy & Bitcoin Treasury Policy Update
12/08/2025 08:15
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RNS Number : 8837U Amazing AI PLC 12 August 2025
12 August 2025
Amazing AI plc
("AAI", the "Company" or the "Group")
Strategy and Commercial Update and
Bitcoin Treasury Policy Update
Amazing AI plc (AQSE: AAI) - 12 August 2025: AAI, a global fintech group
specialising in online consumer loans and AI finance-related services,
announces the following Strategy and Commercial Update and a Bitcoin Treasury
Policy Update.
Strategy and Commercial Update
On 7 August 2025, the Company incorporated Amazing AI Services Ltd ("AAI
Mauritius"), a wholly owned subsidiary based and registered in Mauritius,
which will be utilised to offer AI finance-related services in selected
international regions.
Pursuant to its current strategy, the Company is focused on providing AI
finance-related services in the UK where the Company is currently based.
Additionally, AAI will target the provision of AI finance-related services
into high-growth emerging markets such as Sub-Saharan Africa (including
Nigeria), Southeast Asia (including the Philippines, Indonesia and Vietnam),
and India.
These target regions will be supported by the newly incorporated subsidiary,
as the Company believes that Mauritius is strategically and geographically
well positioned to service these regions. As such, the Company has appointed
two Mauritian residents as non-executive directors of AAI Mauritius and Paul
Mathieson as Director and its CEO. Additionally, the Company shortly expects
to hire two new experienced UK executives as consultants to lead international
sales, and international product and service development for AAI Mauritius.
Consequently, AAI plans to dissolve the UK subsidiary with the same name and
conduct all AI services business, including UK services, via the newly
incorporated AAI Mauritius. AAI will not conduct any lending activities in
these regions itself, eliminating the requirement for additional lending
licenses and capital, and mitigating both country and currency risk with
services offered in GBP and USD.
Regarding the Company's US operations, MRAL US Corporation will continue
lending to US consumers.
AAI has migrated its corporate website to www.amazingaiplc.com
(http://www.amazingaiplc.com) and introduced a new contact enquiry email of
aai@amazingaiplc.com (mailto:aai@amazingaiplc.com)
Bitcoin Treasury Policy Update
In addition to the above, the newly incorporated subsidiary AAI Mauritius will
also be utilised to purchase bitcoin on behalf of the Company. The Company
expects that the legal advice regarding purchasing bitcoin will be completed
shortly, in conjunction with the anticipated completion of the onboarding for
opening its bitcoin cold wallet custodian account.
As such, subject to the satisfactory completion of the above, AAI aims to be
able to initiate bitcoin purchases before the end of August 2025.
Paul Mathieson, CEO of Amazing AI plc said, "We are excited to have
established our new 100% owned subsidiary company, Amazing AI Services Ltd, in
Mauritius and look forward to the imminent launch of our Bitcoin Treasury and
further progress in our best-of-breed AI finance-related services
international business."
This announcement contains inside information for the purposes of the UK
Market Abuse Regulation and the Directors of the Company accept responsibility
for the contents of this announcement.
Enquiries:
Amazing AI plc
Paul Mathieson - Chief Executive Officer aai@amazingaiplc.com
Cairn Financial Advisers LLP (AAI Corporate Adviser)
Ludovico Lazzaretti +44 (0) 20 7213 0880
Jo Turner
Oberon Capital (AAI Corporate Broker)
Adam Pollock +44 (0) 203 179 5300
Nick Lovering
Jessica Cave
Professional/institutional investors can contact Oberon Capital on
corporatesales@oberoninvestments.com
(mailto:corporatesales@oberoninvestments.com)
About Amazing AI plc
Amazing AI plc (AAI) is an AI driven, consumer finance fintech innovator that
leverages its regulated licensed lending and collections operations,
experience and network to distribute best-of-breed AI finance-related services
internationally, specifically focused on lending, collections and debt
financing services. AAI intends to sell AI finance-related services in the UK
where our company is based plus the high-growth emerging markets of
Sub-Saharan Africa (including Nigeria), Southeast Asia (including the
Philippines, Indonesia and Vietnam) and India via its Mauritius subsidiary,
Amazing AI Services Ltd. AAI operates under the consumer brand Mr. Amazing
Loans in the United States with state consumer lending licenses/certificates
of authority and an established track-record of lending, collections and
regulatory compliance for over 15 years. AAI intends to investigate further
utilisation of AI in its own US consumer lending operational processes and
seek additional strategic collaborations, joint ventures and acquisitions in
the AI sector internationally, including in AI deception detection services to
increase underwriting and collections performance. AAI also plans to conduct
its own enhanced product and service development, territory customisation and
new service initiatives.
For more information please visit: www.amazingaiplc.com
(http://www.amazingaiplc.com)
Important Notices
Amazing AI plc (the "Company") intends to hold treasury reserves and surplus
cash in bitcoin. Bitcoin is a type of cryptocurrency or crypto asset. Whilst
the Board of Directors of the Company considers holding bitcoin to be in the
best interests of the Company, the Board remains aware that the financial
regulator in the UK (the "Financial Conduct Authority" or "FCA") considers
investment in bitcoin to be high risk. At the outset, it is important to note
that an investment in the Company is not an investment in bitcoin, either
directly or by proxy. However, the Board of Directors of the Company consider
bitcoin to be an appropriate store of value and growth for the Company's
reserves and, accordingly, the Company is materially exposed to bitcoin. Such
an approach is innovative, and the Board of Directors of the Company wish to
be clear and transparent with prospective and actual investors in the Company
on the Company's position in this regard.
The Company is neither authorised nor regulated by the FCA and
cryptocurrencies (such as bitcoin) are unregulated in the UK. As with most
other investments, the value of bitcoin can go down as well as up, and
therefore the value of bitcoin holdings can fluctuate. The Company may not be
able to realise any future bitcoin exposure for the same as it paid in the
first place or even for the value the Company ascribes to bitcoin positions
due to these market movements. As bitcoin is unregulated, the Company is not
protected by the UK's Financial Ombudsman Service or the Financial Services
Compensation Scheme.
Nevertheless, the Board of Directors of the Company has taken the decision to
invest in bitcoin, and in doing so is mindful of the special risks bitcoin
presents to the Company's financial position. These risks include (but are not
limited to): (i) the value of bitcoin can be highly volatile, with value
dropping as quickly as it can rise. Investors in bitcoin must be prepared to
lose all money invested in bitcoin; (ii) the bitcoin market is largely
unregulated. There is a risk of losing money due to risks such as
cyber-attacks, financial crime and counterparty failure; (iii) the Company may
not be able to sell bitcoin at will. The ability to sell bitcoin depends on
various factors, including the supply and demand in the market at the relevant
time. Operational failings such as technology outages, cyber-attacks and
comingling of funds could cause unwanted delay; and (iv) crypto assets are
characterised in some quarters by high degrees of fraud, money laundering and
financial crime. In addition, there is a perception in some quarters that
cyber-attacks are prominent which can lead to theft of holdings or ransom
demands. The Board of Directors of the Company does not subscribe to such a
negative view, especially in relation to bitcoin. However, prospective
investors in the Company are encouraged to do their own research before
investing.
Caution Regarding Forward Looking Statements
Certain statements made in this announcement are forward-looking statements.
These forward-looking statements are not historical facts but rather are based
on the Company's current expectations, estimates, and projections about its
industry; its beliefs; and assumptions. Words such as 'anticipates,'
'expects,' 'intends,' 'plans,' 'believes,' 'seeks,' 'estimates,' and similar
expressions are intended to identify forward-looking statements. These
statements are not a guarantee of future performance and are subject to known
and unknown risks, uncertainties, and other factors, some of which are beyond
the Company's control, are difficult to predict, and could cause actual
results to differ materially from those expressed or forecasted in the
forward-looking statements. The Company cautions security holders and
prospective security holders not to place undue reliance on these
forward-looking statements, which reflect the view of the Company only as of
the date of this announcement. The forward-looking statements made in this
announcement relate only to events as of the date on which the statements are
made. The Company will not undertake any obligation to release publicly any
revisions or updates to these forward-looking statements to reflect events,
circumstances, or unanticipated events occurring after the date of this
announcement except as required by law or by any appropriate regulatory
authority.
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