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ROCKETFUEL BLOCKCHAIN INC - RKFL STOCK NEWS

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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, Inc. (OTC QB: RKFL) has settled a lawsuit with former director Joseph Page, who returned 3,600,394 shares of common stock, leading to over an 11% reduction in outstanding shares. The shares have been cancelled, and RocketFuel did not make any payment for their return. Following the settlement, all counterclaims against RocketFuel and its management were dismissed. CEO Peter Jensen emphasized the positive impact of this settlement, suggesting it enhances the equity value for shareholders.

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RocketFuel Blockchain (OTC QB: RKFL) has integrated its cryptocurrency payment solution with ACI Worldwide's Secure eCommerce platform, now live for 80,000 merchants. This partnership allows merchants to accept over 120 cryptocurrencies, streamlining online transactions. CEO Peter Jensen emphasized the growing importance of crypto payments, which minimize chargebacks and eliminate geographical barriers. ACI's Global Head of Product noted the increasing customer demand for crypto payments as a key trend for 2022, signaling a shift towards wider adoption of cryptocurrency in commerce.

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RocketFuel Blockchain (OTC QB: RKFL) announced its participation in NRF 2022, the largest retail conference in New York from January 16-18, 2022. CEO Peter Jensen will present live product demos alongside partner ACI Worldwide at booth #1313. RocketFuel offers a one-click crypto payment solution that supports over 120 cryptocurrencies, enabling daily settlements in fiat or crypto. This service aims to enhance customer privacy and provides a low-fee, secure alternative for online transactions while eliminating chargebacks and card declines.

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RocketFuel Blockchain, Inc. (OTC QB: RKFL) has successfully closed a $5 million equity raise from institutional investors, facilitated by H.C. Wainwright & Co. The funding aims to accelerate growth through expanded sales, marketing, and software development. A strategic partnership with ACI Worldwide will allow over 80,000 merchants to accept cryptocurrency payments with zero processing fees. Additionally, RocketFuel has repaid its outstanding convertible note, eliminating debt and potential equity dilution. The company plans to expand its team and aims to uplist to Nasdaq or NYSE American in 2022.

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RocketFuel Blockchain (RKFL) has announced a registered direct offering for the issuance of 6,666,667 shares of common stock and warrants, at a purchase price of $0.75 each, totaling gross proceeds of about $5 million. The offering is expected to close around November 4, 2021. The company plans to use the proceeds for general corporate purposes and business expansion. H.C. Wainwright & Co. serves as the exclusive placement agent. The securities are being offered under an effective registration statement with the SEC.

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RocketFuel Blockchain (RKFL) has partnered with ACI Worldwide to allow over 80,000 merchants to accept more than 50 cryptocurrencies, including Bitcoin, with zero processing fees. This integration marks an industry first and aligns with RocketFuel's new business model, where partners earn commissions on all merchant transactions. The revamped partner dashboard enhances transparency for partners to manage their merchants. CEO Peter Jensen highlights the advantages of crypto payments, like lower fees and no chargebacks, aiming to provide a significant choice in payment methods for merchants and customers alike.

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RocketFuel Blockchain (RKFL) announced its industry-first 'Zero Fees For Life' promotion for merchants during the Money20/20 conference. This initiative eliminates processing fees, chargebacks, and crypto volatility for merchants, aiming to disrupt traditional payment structures that burden businesses with high fees. CEO Peter Jensen emphasized the need for a transformation in the global payments ecosystem, supporting merchants against payment fraud. For further details, visit RocketFuel's website.

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ACI Worldwide (NASDAQ: ACIW) has partnered with RocketFuel Blockchain (OTC: RKFL) to offer merchants the ability to accept over 50 cryptocurrencies, including Bitcoin, as payment methods. This integration into ACI's Secure eCommerce platform allows for a single integration that eliminates processing fees for merchants, a first in the industry. RocketFuel's solution supports bank transfers and QR code payments, enhancing the customer experience. This partnership aims to drive consumer adoption of cryptocurrency in eCommerce, providing merchants with smarter payment options without volatility concerns.

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RocketFuel Blockchain (RKFL), a global payment solutions provider, announced its attendance at the Benzinga Cannabis Capital Conference in New York City on October 14-15, 2021. Kurt Kumar, VP of Product Growth and Partnerships, will showcase the utility of cryptocurrencies for cannabis businesses facing banking challenges. RocketFuel offers innovative features like Price Settlement Guarantee and supports over 50 cryptocurrencies, promoting crypto adoption with a seamless, one-click payment process. More details are available at www.RocketFuelBlockchain.com.

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RocketFuel Blockchain, a global payment solutions provider, announced its participation at the CoinAgenda Europe conference in Monaco from September 27-29, 2021. Founder Gert Funk will discuss the company’s strategy aimed at disrupting the payments market by minimizing fees and avoiding crypto volatility. Launched in Q1 2021, RocketFuel offers features like the 'Price Settlement Guarantee' to ensure merchants receive consistent payments. With a user-friendly checkout process and support for over 60 cryptocurrencies, RocketFuel aims to enhance cryptocurrency adoption among merchants.

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FAQ

What is the current stock price of ROCKETFUEL BLOCKCHAIN (RKFL)?

The current stock price of ROCKETFUEL BLOCKCHAIN (RKFL) is $0.000001 as of December 23, 2024.

What is the market cap of ROCKETFUEL BLOCKCHAIN (RKFL)?

The market cap of ROCKETFUEL BLOCKCHAIN (RKFL) is approximately 39.2K.

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

OTC:RKFL

RKFL Rankings

RKFL Stock Data

39.16k
25.88M
27.3%
Software - Infrastructure
Technology
Link
United States of America
San Francisco