Million

The post <a rel="nofollow" href="https://coinpedia.org/press-release/zeebu-on-chain-invoice-settlement-platform-for-telecom-carriers/">Zeebu Secures $25 Million in Presale Funding for World’s First On-chain Invoice Settlement Platform for Telecom Carriers&nbsp;</a> appeared first on <a rel="nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a> 
 
Zeebu, the innovative blockchain-based settlement platform for the telecom carrier industry, has successfully raised $25 million in a presale funding round, surpassing its hard cap target of $15 million. The round saw participation from several strategic investors, including Bankai Ventures. 
The market’s enthusiasm for Zeebu’s groundbreaking on-chain invoice settlement platform and loyalty token. Which aims to revolutionize the telecom carrier industry, is reflected in the overwhelming response from investors.&nbsp; 
<blockquote class="wp-block-quote"> 
 “We are thrilled and grateful for the incredible support and trust shown by our investors during this presale funding round,” said Raj Brahmbhatt, Founder of Zeebu.&nbsp; 
 “Our mission is to empower the telecom carrier industry with cutting-edge blockchain technology and innovative loyalty solutions. This significant funding milestone brings us one step closer to realizing that vision, and we are excited to drive positive change in the industry.”&nbsp; 
</blockquote> 
Zeebu’s loyalty token, designed exclusively for the telecom carrier sector, offers unprecedented benefits to merchants and customers alike. It eliminates the need for conventional and expensive traditional banking channels and intermediaries, enabling faster transactions while enhancing margins. The goal is to create a seamless and efficient experience for all participants through a dedicated blockchain-based settlement platform.&nbsp; 
<blockquote class="wp-block-quote"> 
 “Zeebu’s unique value proposition and its potential to transform the telecom carrier sector represent an exciting opportunity for growth and innovation,” said Sean Byrnes, CFO at Bankai Ventures.&nbsp; 
</blockquote> 
<blockquote class="wp-block-quote"> 
 “The team’s vision, expertise, and unwavering dedication to creating value for all stakeholders really shines through, and I am confident Zeebu will lead the way in transforming settlement processes and ushering in a new era of efficiency for the $120 billion telecom industry.”&nbsp; 
</blockquote> 
Through its loyalty token, Zeebu incentivizes and rewards carriers, empowering them to streamline transactions and enhance their operational efficiency. The platform aims to onboard over 100 such telecom carriers, facilitating cross-border settlement processes with unparalleled efficiency.&nbsp; 
Zeebu has already secured strategic partnerships with several major telecommunications providers, such as Hayo Telecom Inc., Axistel FZE, Qatama Ltd, BBT Voice Limited, Broadband Telecom Inc., BridgeVoice Inc., and Novatel d.o.o., as it seeks to overcome the long-standing challenges encountered by industry players.&nbsp; 
For more information, visit <a href="https://www.zeebu.com/" target="_blank" rel="noreferrer noopener sponsored nofollow">https://www.zeebu.com/</a>
<div>
 <span style="font-size: 11pt; font-family: Arial, sans-serif; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; vertical-align: baseline;">
</div>

Zeebu Secures $25 Million in Presale Funding for World’s First On-chain Invoice Settlement Platform for Telecom Carriers

CoinPedia News

Other articles published on Sep 8, 2023

Ethereum Price Analysis: ETH at 'Make It' or 'Break It' Range

Ripple Unveils New Mega Deal

The Open Platform Aims to Pioneer Web3 SuperApp Development Through Wallet Integration in Telegram

Bitcoin, Pepe Coin Beat The Bears, SNX Sinks Down

BIS thinks DeFi has no use cases, but CZ is bullish: Finance Redefined

Texas provides Riot $31.7m to halt Bitcoin mining amidst energy crisis

Join our free newsletter for daily crypto updates!