Rocketfuel (album)

RocketFuel Partners with Ripple to Revolutionize Global Payments

Retrieved on: 
Wednesday, November 8, 2023

Dubai , Nov. 08, 2023 (GLOBE NEWSWIRE) -- RocketFuel, Inc. (OTCQB: RKFL) (“RocketFuel” or the “Company”), a global provider of payment solutions via ACH bank transfers, Bitcoin, Stablecoins, and other cryptocurrencies, announced a partnership with Ripple that includes adopting Ripple Payments into its suite of payment products to meet the increasing demand for faster, more reliable, and less expensive FIAT payments to merchants and partners globally.

Key Points: 
  • Dubai , Nov. 08, 2023 (GLOBE NEWSWIRE) -- RocketFuel, Inc. (OTCQB: RKFL) (“RocketFuel” or the “Company”), a global provider of payment solutions via ACH bank transfers, Bitcoin, Stablecoins, and other cryptocurrencies, announced a partnership with Ripple that includes adopting Ripple Payments into its suite of payment products to meet the increasing demand for faster, more reliable, and less expensive FIAT payments to merchants and partners globally.
  • Products that utilize Ripple Payments include “RocketFuel Pay-In Commerce” which allows merchants to accept payments in crypto and ACH in store and online, "RocketFuel Mass Pay-Out “that allows merchants to pay large number customers and partners globally in either crypto or via bank transfer, and “RocketFuel Cross border B2B” that allows companies to send large amounts cross border using blockchain and stablecoin technologies.
  • Peter Jensen, CEO of RocketFuel, will be on stage at Ripple Swell in Dubai on November 8-9, discussing the latest trends in the payments industry and cryptocurrencies and the transformative potential of Ripple's innovative technology.
  • "Through partners like RocketFuel, we empower businesses globally by providing efficient and cost-effective payment solutions through the power of crypto and blockchain," said Brendan Berry, Head of Payments Product at Ripple.

Ripple Transforms Payments Experience to Unlock Enterprise Crypto Adoption

Retrieved on: 
Wednesday, November 8, 2023

Ripple , the leader in enterprise blockchain and crypto solutions, debuted today the evolution of its crypto-enabled cross-border payments solution, Ripple Payments, formerly known as RippleNet.

Key Points: 
  • Ripple , the leader in enterprise blockchain and crypto solutions, debuted today the evolution of its crypto-enabled cross-border payments solution, Ripple Payments, formerly known as RippleNet.
  • Ripple Payments provides the enterprise-grade infrastructure required for businesses to leverage blockchain easily for faster, cheaper, more efficient cross-border payments without needing to be an expert.
  • This evolution of Ripple Payments represents an extension of our long-running work to optimize the cross-border payments experience through transformative technology,” said Monica Long, President at Ripple.
  • Bringing these elements together within Ripple Payments for an intuitive end-to-end enterprise experience is the natural next step for Ripple to make crypto’s benefits accessible for any business.”
    “At Ripple, we’ve long known that payments are unequivocally the ‘killer app’ for digital assets.

RKFL REPORTS RECORD QUARTERLY FQ1 REVENUE AND PRE-ANNOUNCES FQ2 REVENUE

Retrieved on: 
Tuesday, October 17, 2023

San Francisco, CA, Oct. 17, 2023 (GLOBE NEWSWIRE) -- RocketFuel Blockchain, Inc. (OTCQB: RKFL) (“RocketFuel” or the “Company”), a global provider of payment solutions via ACH bank transfers, Bitcoin and other cryptocurrencies, announced its record-breaking financial performance for its first quarter (FQ1) and provided a pre-announcement of expected revenue for its second quarter (FQ2). The company's growth is marked by significant increases in revenue and the expansion of its customer base.

Key Points: 
  • The company's growth is marked by significant increases in revenue and the expansion of its customer base.
  • In FQ1 (Apr 1 2023 – June 30th 2023), RocketFuel reported revenue of $235,459, reflecting a growth rate of 127% compared to the previous quarter's $103,858 revenue.
  • This combination has fueled consistent revenue growth over the past four quarters: $41,815, $103,858, $235,459, and a preliminary estimate of $765,000 in FQ2.
  • RocketFuel will hold an investor call on Thursday, October 19th, 2023 at 1:30 PM ET to discuss its record quarterly FQ1 revenue and its FQ2 pre-announcement revenue

AvecPay Joins Forces with RocketFuel to Bring Crypto Payments to Latin America

Retrieved on: 
Friday, September 22, 2023

“RocketFuel works with several partners around the world enabling their merchant to accept Bitcoin and over 150 cryptocurrencies, to do payouts and B2B cross border payments, said Peter Jensen, RocketFuel’s CEO.

Key Points: 
  • “RocketFuel works with several partners around the world enabling their merchant to accept Bitcoin and over 150 cryptocurrencies, to do payouts and B2B cross border payments, said Peter Jensen, RocketFuel’s CEO.
  • “The growing adoption of cryptocurrencies in Latin America demonstrates the demand for faster, more secure, and cost-effective payment methods.”
    RocketFuel's payment solution leverages blockchain technology to overcome the challenges posed by market volatility.
  • “Besides working with RocketFuel’s cryptopayment solution, AvecPay will be launching an online marketplace where merchants anywhere can place their products and get paid in crypto,” said Christian Cálix, AvecPay CEO.
  • We are convinced any business can attract new clients and increase revenue by accepting crypto payments.”

RocketFuel Reports Strong FY23 Performance, To Hold Investor Call on Thursday, August 31, 2023

Retrieved on: 
Friday, August 25, 2023

RocketFuel will hold an investor call on Thursday, August 31, 2023 to discuss its financial results and recent developments.

Key Points: 
  • RocketFuel will hold an investor call on Thursday, August 31, 2023 to discuss its financial results and recent developments.
  • The numbers are the results of RocketFuel’s first 10 months of operations (June 2022 – March 2023).
  • Revenues for FY23 were $203,199, compared to $30,504 for the previous fiscal year, an increase of 660%.
  • RocketFuel successfully doubled its revenue per quarter on average during its first year of operation, highlighting strong initial demand for its products.

RocketFuel Surpasses $3 Million ARR and Projects Continued Rapid Growth and path to profitability

Retrieved on: 
Friday, August 25, 2023

San Francisco, CA, Aug. 25, 2023 (GLOBE NEWSWIRE) -- RocketFuel Blockchain, Inc. (OTCQB: RKFL) (“RocketFuel” or the “Company”), a global provider of payment solutions via ACH bank transfers, Bitcoin and other cryptocurrencies, announced rapid growth in its second fiscal quarter, 2023 (FQ2), with 15-20x increases in daily transaction volume and daily revenue. RocketFuel believes that these results have solidified its position as a leading player in the payment solutions industry.

Key Points: 
  • San Francisco, CA, Aug. 25, 2023 (GLOBE NEWSWIRE) -- RocketFuel Blockchain, Inc. (OTCQB: RKFL) (“RocketFuel” or the “Company”), a global provider of payment solutions via ACH bank transfers, Bitcoin and other cryptocurrencies, announced rapid growth in its second fiscal quarter, 2023 (FQ2), with 15-20x increases in daily transaction volume and daily revenue.
  • RocketFuel believes that these results have solidified its position as a leading player in the payment solutions industry.
  • During July and August, 2023, RocketFuel saw its growth accelerate further from several new products introduced in recent months and a steady increase in the number of customers:
    Avg daily revenue increased approx.
  • “With our current ARR at $3 million and a projected ARR of $8 million by the end of FY 2024 (March 31, 2024), we believe RocketFuel’s current valuation does not fully reflect the true value of our company,” said Peter Jensen, RocketFuel’s CEO.

RocketFuel Announces 15x Increase in Customer Traction from New Products and Customers

Retrieved on: 
Wednesday, July 26, 2023

San Francisco, July 26, 2023 (GLOBE NEWSWIRE) -- RocketFuel, Inc. (OTCQB: RKFL) (“RocketFuel” or the “Company”), a global provider of payment solutions via ACH bank transfers, Bitcoin and other cryptocurrencies, announced a 15-fold increase in customer traction in 30 days, driven by the successful launch of new products and the acquisition of three large-scale customers.

Key Points: 
  • "We're excited about the immediate traction our new products are delivering," said Peter Jensen, Rocketfuel's CEO.
  • As customers’ rollout continues, Rocketfuel believes that its growth trajectory places it on track to achieve positive cash flow by September 2023.
  • The company attributes its success to the launch of new products, including the highly anticipated 'Payouts' feature, and the addition of three new major customers.
  • "We're ramping up our capacity to allow for onboarding additional customers in the pipeline to continue growth," added Jensen.

RocketFuel and Poncho Brotherz Announce Partnership to Accept Cryptocurrency Payments

Retrieved on: 
Monday, July 17, 2023

San Francisco, July 17, 2023 (GLOBE NEWSWIRE) -- RocketFuel, Inc. (OTCQB: RKFL) (“RocketFuel” or the “Company”), a global provider of payment solutions via ACH bank transfers, Bitcoin and other cryptocurrencies, announced a collaboration with Poncho Brotherz, a leading family-owned and operated farm-to-retail cannabis retail store. This collaboration will enable Poncho Brotherz to accept cryptocurrency payments in its dispensary, marking a significant step forward in embracing the digital currency revolution.

Key Points: 
  • This collaboration will enable Poncho Brotherz to accept cryptocurrency payments in its dispensary, marking a significant step forward in embracing the digital currency revolution.
  • With RocketFuel's innovative blockchain technology, Poncho Brotherz customers can now make purchases using over 160 different cryptocurrencies, including Bitcoin.
  • "We are thrilled to partner with RocketFuel," said Ed Brown, Poncho Brotherz, Retail Business Partner.
  • For more information about the partnership and how to make purchases using cryptocurrency, visit the RocketFuel Website, and stop by the Poncho Brotherz store on July 29th, 2023 to make your first purchases with your cryptocurrency.

Zebra Digital Partners with RocketFuel to Offer B2B Cryptocurrency Solutions

Retrieved on: 
Friday, May 19, 2023

San Francisco, CA, May 19, 2023 (GLOBE NEWSWIRE) -- RocketFuel Blockchain, Inc. (OTCQB: RKFL) (“RocketFuel” or the “Company”), a global provider of payment solutions via ACH bank transfers, Bitcoin and other cryptocurrencies, announced its collaboration with Zebra Digital, Inc., a global technology company.

Key Points: 
  • San Francisco, CA, May 19, 2023 (GLOBE NEWSWIRE) -- RocketFuel Blockchain, Inc. (OTCQB: RKFL) (“RocketFuel” or the “Company”), a global provider of payment solutions via ACH bank transfers, Bitcoin and other cryptocurrencies, announced its collaboration with Zebra Digital, Inc., a global technology company.
  • Zebra Digital is a client of PaymentCloud, a Payment Solution Provider working with RocketFuel.
  • The company is an infrastructure, technology, advisory, & consulting firm that through its wide network of financial clientele is offering their customers various cross-border business to business (B2B) money movement solutions utilizing stablecoins and other forms of cryptocurrency.
  • RocketFuel is acting a facilitating agent for these transactions, ensuring full compliance and security between buyers and sellers.

RocketFuel Blockchain is proud to announce its participation at the XBiz Miami event

Retrieved on: 
Friday, May 12, 2023

San Francisco, CA, May 12, 2023 (GLOBE NEWSWIRE) -- RocketFuel, Inc. (OTCQB: RKFL) (“RocketFuel” or the “Company”), a global provider of payment solutions via ACH bank transfers, Bitcoin and other cryptocurrencies, announced its participation at the XBIZ Miami event. The event will take place from May 15-18, 2023, where RocketFuel will showcase its innovative payment solutions. The RocketFuel team will be available during the event to discuss the benefits of Bitcoin and other crypto payments and payouts for businesses and content creators.

Key Points: 
  • San Francisco, CA, May 12, 2023 (GLOBE NEWSWIRE) -- RocketFuel, Inc. (OTCQB: RKFL) (“RocketFuel” or the “Company”), a global provider of payment solutions via ACH bank transfers, Bitcoin and other cryptocurrencies, announced its participation at the XBIZ Miami event.
  • The event will take place from May 15-18, 2023, where RocketFuel will showcase its innovative payment solutions.
  • The RocketFuel team will be available during the event to discuss the benefits of Bitcoin and other crypto payments and payouts for businesses and content creators.
  • "We are thrilled to participate in XBiz Miami, where we can showcase our innovative payment solutions for businesses and content creators," said Peter Jensen, CEO of RocketFuel Blockchain.