Welcome to our dedicated page for Rocketfuel Blockchain news (Ticker: RKFL), a resource for investors and traders seeking the latest updates and insights on Rocketfuel Blockchain stock.
RocketFuel Blockchain Inc (RKFL), also referred to as RocketFuel, regularly issues news updates describing its activities as a global payments solution company and a global provider of payment solutions via ACH bank transfers, Bitcoin, stablecoins, other cryptocurrencies, and FIAT currencies. Its announcements cover developments across its integrated payment suite, including Commerce Pay-in, Mass Pay-out, cross-border B2B crypto payments, and related services.
News about RocketFuel often focuses on product launches and enhancements. The company has announced offerings such as mass payout capabilities in crypto, stablecoins, and fiat, an updated crypto invoicing solution that supports invoice payments in stablecoin, crypto, and fiat currencies, and blockchain-based gift card and NFT products. These releases describe how businesses can accept or send payments in multiple currencies, convert funds into stablecoins or FIAT, and settle to local bank accounts.
RocketFuel’s news flow also includes partnership announcements and trading status updates. The company has reported partnerships with Ripple, involving the adoption of Ripple Payments into its product suite, and with AvecPay, a platform serving merchants in the Latin American region. In addition, RocketFuel has provided information about its common stock trading on the over-the-counter markets and its expected downgrade from the OTCQB market to the OTC Expert Market.
Investors and observers can use the RKFL news feed to review RocketFuel’s own descriptions of its revenue growth, transaction volumes, customer adoption, and product expansion over time. Company releases have highlighted increases in daily transaction counts and revenue, as well as the role of new products and customers in that growth. For ongoing context, this page aggregates RocketFuel’s publicly released news and corporate updates related to its payments business.
RocketFuel Blockchain, Inc. (OTC: RKFL) has launched a groundbreaking blockchain-based payment solution that allows for one-click cryptocurrency payments. This service supports 43 cryptocurrencies and direct bank transfers, aiming to streamline eCommerce transactions. RocketFuel's platform helps merchants reduce costs associated with payment intermediaries and improve cash flow. Notable early adopters include Sky-tours and BearTax, who have integrated this solution to meet the increasing demand for cryptocurrency payments, particularly in the evolving digital payment landscape.
RocketFuel Blockchain (OTC: RKFL) has secured up to $2.3 million in equity financing from Triton Funds, comprising $1 million in common stock and a 5-year warrant for an additional $1.3 million. This funding will accelerate sales, marketing, and product development aimed at enhancing eCommerce payment solutions using cryptocurrencies. RocketFuel aims to improve shopping experiences while offering lower fees than traditional credit card systems. Total equity raised since September 2019 now stands at $2.4 million.
RocketFuel Blockchain (OTC: RKFL) appointed Kurt Kumar as Vice President of Marketing and Business Development. With over 20 years of experience in the tech sector, Kumar aims to drive growth in the crypto payments industry. His background includes notable roles at Universal and Sony, and he is recognized for organizing the BLOCK-CON crypto conference. CEO Peter Jensen expressed optimism about Kumar's expertise in bridging the Crypto and Fiat realms, indicating a focus on enhancing customer privacy and efficiency in eCommerce.
RocketFuel Blockchain, Inc. (OTC: RKFL) announced the appointment of Rohan Hall as Chief Technology Officer on October 2, 2020. Hall has over 30 years of technology experience, having worked with Fortune 500 companies like HP and Oracle. He is noted for founding several tech startups, including Vottun and Tradesocio. CEO Peter Jensen expressed confidence in Hall's ability to lead the development of blockchain payment solutions as the company moves forward in its growth phase. RocketFuel focuses on enhancing checkout efficiency and customer privacy in eCommerce.