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Zeebu, the modern blockchain-based settlement platform for the telecom service business, has efficiently raised $25 million in a presale funding spherical, surpassing its onerous cap goal of $15 million. The spherical noticed participation from a number of strategic buyers, together with Bankai Ventures.
The market’s enthusiasm for Zeebu’s groundbreaking on-chain bill settlement platform and loyalty token. Which goals to revolutionize the telecom service business, is mirrored within the overwhelming response from buyers.
“We’re thrilled and grateful for the unbelievable assist and belief proven by our buyers throughout this presale funding spherical,” stated Raj Brahmbhatt, Founding father of Zeebu.
“Our mission is to empower the telecom service business with cutting-edge blockchain know-how and modern loyalty options. This vital funding milestone brings us one step nearer to realizing that imaginative and prescient, and we’re excited to drive optimistic change within the business.”
Zeebu’s loyalty token, designed solely for the telecom service sector, gives unprecedented advantages to retailers and clients alike. It eliminates the necessity for typical and costly conventional banking channels and intermediaries, enabling sooner transactions whereas enhancing margins. The purpose is to create a seamless and environment friendly expertise for all individuals by a devoted blockchain-based settlement platform.
“Zeebu’s distinctive worth proposition and its potential to remodel the telecom service sector symbolize an thrilling alternative for development and innovation,” stated Sean Byrnes, CFO at Bankai Ventures.
“The staff’s imaginative and prescient, experience, and unwavering dedication to creating worth for all stakeholders actually shines by, and I’m assured Zeebu will cleared the path in remodeling settlement processes and ushering in a brand new period of effectivity for the $120 billion telecom business.”
By its loyalty token, Zeebu incentivizes and rewards carriers, empowering them to streamline transactions and improve their operational effectivity. The platform goals to onboard over 100 such telecom carriers, facilitating cross-border settlement processes with unparalleled effectivity.
Zeebu has already secured strategic partnerships with a number of main telecommunications suppliers, equivalent to Hayo Telecom Inc., Axistel FZE, Qatama Ltd, BBT Voice Restricted, Broadband Telecom Inc., BridgeVoice Inc., and Novatel d.o.o., because it seeks to beat the long-standing challenges encountered by business gamers.
For extra data, go to https://www.zeebu.com/
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