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. is a company specializing in developing blockchain technology-based check-out systems for the e-commerce sector. Founded in 2018 and headquartered in Las Vegas, Nevada, the company is at the forefront of revolutionizing payment processes in online retail.
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RocketFuel Blockchain (OTC: RKFL) pre-announces expected revenue of $2,250,000 for Q1-Q3 2024, representing more than double the revenue compared to the same period last year. The company reports doubled transaction volume and processed 1M payment transactions with zero downtime from Oct 2023 to Sept 2024. The payment solutions provider has served approximately 400,000 unique users, attributing growth to increased customer and partner adoption.
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RocketFuel Blockchain, Inc. (OTC: RKFL) announces an investor webinar to discuss its pre-announcement of expected revenue for its third fiscal quarter, showing a 24X increase from the same quarter last year. The company attributes this growth to the introduction of new products, acquisition of new customers, and increased adoption of its products. Despite challenges in FQ3 due to regulatory uncertainty and partner-related issues, RocketFuel remains optimistic about its future.
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RocketFuel, Inc. (RKFL) expects its common stock to be downgraded to the OTC Expert Market due to the company's decision not to file its quarterly report. Despite the downgrade, the company's CEO, Peter Jensen, remains optimistic about the company's growth and revenue, citing a substantial increase in revenue for the quarter ended September 30, 2023.
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RocketFuel, Inc. (OTCQB: RKFL) announced a partnership with Ripple to integrate Ripple Payments into its suite of payment products, aiming to meet the increasing demand for faster, more reliable, and less expensive FIAT payments to merchants and partners globally. CEO Peter Jensen will discuss the latest trends in the payments industry and cryptocurrencies at Ripple Swell in Dubai on November 8-9.
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RocketFuel Blockchain reports record-breaking financial performance in Q1 and pre-announces expected revenue for Q2
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RocketFuel partners with AvecPay to provide payment solutions in Latin America
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RocketFuel Blockchain, Inc. reports strong financial results for FY23, with revenues of $203,199, a 660% increase from the previous fiscal year. Q4FY23 revenue alone was over $110,000, showcasing consistent growth. The company has doubled its revenue per quarter on average and is processing over 3,000 payment transactions per day. The CEO attributes the growth to the increasing number of customers using crypto for payments. The introduction of two new products has driven accelerated growth. The company maintains its guidance of $5M revenue and $8M ARR by the end of FY24.
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RocketFuel Blockchain reports rapid growth in Q2 2023, with 15-20x increases in daily transaction volume and revenue. Current ARR at $3M, projected ARR of $8M by FY 2024. Investor call on August 31, 2023.
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RocketFuel, Inc. (OTCQB: RKFL) has 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. Transaction volume has soared from 110 transactions per day in June 2023 to 1,600 transactions per day in July 2023, representing a growth of approximately 1,500% in a month. The company expects to achieve positive cash flow by September 2023.
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FAQ
What is the current stock price of Rocketfuel Blockchain (RKFL)?
The current stock price of Rocketfuel Blockchain (RKFL) is $0.006 as of February 27, 2025.
What is the market cap of Rocketfuel Blockchain (RKFL)?
The market cap of Rocketfuel Blockchain (RKFL) is approximately 178.0K.
When was RocketFuel Blockchain, Inc. founded?
RocketFuel Blockchain, Inc. was founded in 2018.
Where is RocketFuel Blockchain, Inc. headquartered?
RocketFuel Blockchain, Inc. is headquartered in Las Vegas, Nevada.
What is the core business of RocketFuel Blockchain, Inc.?
RocketFuel Blockchain, Inc. specializes in developing blockchain technology-based check-out systems for the e-commerce industry.
What sets RocketFuel Blockchain, Inc. apart in the market?
RocketFuel Blockchain, Inc. stands out for its innovative approach to revolutionizing payment processes in online retail.
How can I contact RocketFuel Blockchain, Inc. for more information?
For more information, you can reach out to RocketFuel Blockchain, Inc. at cfo@rocketfuel.inc.
What is RocketFuel Blockchain, Inc.'s focus area?
RocketFuel Blockchain, Inc. focuses on enhancing check-out systems using blockchain technology for e-commerce platforms.
Where can I find the latest news on RocketFuel Blockchain, Inc.?
Stay tuned for the most recent updates and news related to RocketFuel Blockchain, Inc. by visiting their official website or contacting press@rocketfuel.inc for media inquiries.
What is RocketFuel Blockchain, Inc.'s vision for the future?
RocketFuel Blockchain, Inc. aims to drive innovation and efficiency in online payment processing through its cutting-edge technologies.
How does RocketFuel Blockchain, Inc. contribute to the e-commerce industry?
By developing blockchain-based check-out systems, RocketFuel Blockchain, Inc. enhances security and transparency in online transactions, benefiting both businesses and consumers.
Who can benefit from RocketFuel Blockchain, Inc.'s solutions?
Businesses operating in the e-commerce sector seeking secure, efficient, and reliable payment solutions can benefit from RocketFuel Blockchain, Inc.'s innovative technologies.
Rocketfuel Blockchain Inc