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,” stated 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 advantages to telecom carriers, merchants, and customers. By eliminating the need for traditional banking channels and intermediaries, Zeebu enables quicker transactions and enhances margins. The platform intends to create a seamless and efficient experience for all participants through its dedicated blockchain-based settlement platform.
“Zeebu’s unique value proposition and probable to transform the telecom carrier sector represent an exciting opportunity for growth and innovation,” stated 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 bonus carriers, empowering them to streamline transactions and strengthen operational efficiency. The platform intends 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.
Hot Take: Zeebu’s successful presale funding round demonstrates the growing interest and confidence in blockchain solutions within the telecom carrier industry. By leveraging blockchain technology and offering innovative loyalty solutions, Zeebu intends to revolutionize settlement processes and strengthen efficiency for all stakeholders. With strategic partnerships in place and a strong mission, Zeebu is well-positioned to drive positive change in the industry and lead the way towards a more seamless and cost-effective telecom carrier sector.
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