Zeebu Secures $25 Million in Presale Funding for World’s First On-chain Invoice Settlement Platform for Telecom Carriers
Garden City, NY, Sep 7, 2023, 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.
“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. 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.
“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.”
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