Zeebu Raises $25 Million in Presale Funding to Revolutionize the Telecom Carrier Industry
Zeebu, a blockchain-based settlement platform for the telecom carrier industry, has successfully raised $25 million in a presale funding round, surpassing its target of $15 million. Strategic investors, including Bankai Ventures, participated in the round, reflecting the market’s enthusiasm for Zeebu’s innovative on-chain invoice settlement platform and loyalty token.
“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. “Our mission is to empower the telecom carrier industry with cutting-edge blockchain technology and innovative loyalty solutions. This funding milestone brings us one step closer to realizing that vision.”
Zeebu’s loyalty token offers unprecedented benefits to telecom carriers, merchants, and customers. By eliminating the need for traditional banking channels and intermediaries, Zeebu enables faster transactions and enhances margins. The platform aims to create a seamless and efficient experience for all participants through its dedicated blockchain-based settlement platform.
“Zeebu’s unique value proposition and potential to transform the telecom carrier sector represent an exciting opportunity for growth and innovation,” said Sean Byrnes, CFO at Bankai Ventures. “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.”
Zeebu incentivizes and rewards carriers, empowering them to streamline transactions and enhance operational efficiency. The platform aims to onboard over 100 telecom carriers and facilitate cross-border settlement processes with unparalleled efficiency. Zeebu has already secured strategic partnerships with major telecommunications providers as it addresses the challenges faced by industry players.
For more information, visit the Zeebu website.
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