XRP Healthcare, a pioneering AI-driven healthcare company, announced plans to go public on a Canadian stock exchange by Q3 2025, marking a significant milestone in its aggressive expansion strategy.
The company’s accelerated initial public offering (IPO) timeline, moved forward from 2027, aims to unlock substantial investment opportunities and solidify its position in the rapidly evolving digital healthcare market.
Following the acquisition of Pharma Ville, a Ugandan pharmacy chain with five wholesale and two retail locations, XRP Healthcare has strategically positioned itself to capitalize on Africa’s projected $259 billion healthcare market.
“The IPO will allow us to accelerate our mission and strengthen healthcare access across the continent,” said Kain Roomes, CEO of XRP Healthcare.
The company’s XRPH AI App, available on Google Play and Apple App Store, offers multilingual digital health assistance. Recent updates include an image upload feature for symptom analysis and an upcoming “Doctor Search & Connect” functionality.
XRP Healthcare has established partnerships with key pharmaceutical and healthcare providers, including:
- Incepta Pharmaceuticals
- Ascensia Diabetes Care
- Marie Stopes Uganda
- Isansys Lifecare
The company plans to expand into Kenya and Rwanda, leveraging its established operational framework in Uganda.
Whitney Lynn, Chairman with over 45 years of M&A experience, emphasized the company’s pivotal moment in becoming publicly listed. Abraham Cinta, CEO of ARC Group, suggested the IPO could exponentially transform the business.
Charles Chong, Vice President of EMEA Capital Markets at ARC Group, noted that the Canadian listing is just the first step, with a U.S. listing targeted within five years.
With 57% of Uganda’s 46 million people relying on private healthcare providers and over 6,000 fragmented market operators, XRP Healthcare sees significant growth potential in consolidating and modernizing the African healthcare sector.
The company has secured trademark protection in the United Kingdom, European Union, UAE, and Uganda, building a defensible brand in digital healthcare.
The IPO represents a critical phase in XRP Healthcare’s mission to revolutionize healthcare delivery through innovative technology and strategic expansion.