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News Release

Investor Unease Surrounds Shiba Inu as a New Contender Emerges to Lead Crypto Growth

Blockchain Digest

Recently, top developers at Shiba Inu (SHIB) warned community members to be wary of scammers looking to sell fraudulent airdrops to them through social media channels. As a result, investors turned to a more lucrative token. BorroeFinance ($ROE) emerged as the best crypto to buy in Q4 2023 after promising mouth-watering ROI to early investors. Keep reading to discover expert forecasts and opinions on these two tokens. >>BUY $ROE TOKENS NOW<< TDLR The Shiba Inu (SHIB) community suffers repeated scam attempts from bad actors. BorroeFinance’s native token $ROE sells for $0.015 in the second presale stage. Analysts predict a major price pump for $ROE in Q4 2023. Cyber Scammers Turn Attention to Shiba Inu (SHIB) Community Over the past few weeks, Shiba Inu (SHIB) investors have become a target for bad actors in the crypto industry. This action is due to the memecoin’s recent ecosystem expansion and strong brand popularity. On October 4, the Telegram account of Shiba Inu was hacked, and the hackers made a fraudulent airdrop announcement for the BONE token. Vet Kusama (a top developer at Shiba Inu) quickly rushed to X to put out a disclaimer. In an even more recent event, Kusama flagged a fake Shibarium tech channel offering fake airdrops to customers. The developer said this on X on October 16 while reminding community members that airdrops were yet to commence. Also, Lucie, Shibarium’s marketing strategist, warned that scammers may try imitating SHIB, BONE, LEASH, and other successful projects within the Shibarium ecosystem to scam unassuming investors. As a result of the uncertainty in Shiba Inu’s ecosystem, SHIB did not surge with other top altcoins in early October. On September 28, Shiba Inu (SHIB) traded at $0.000007196. By October 17, the token fell to $0.000006920, losing 4.05%. In addition, experts predict that Shiba Inu (SHIB) will remain bearish in Q4 2023 due to the Shibarium’s slow growth and market adoption. Next, let’s see whether BorroeFinance ($ROE) offers better prospects than Shiba Inu (SHIB) for October and beyond. Blockchain Investors Back BorroeFinance to Succeed in Q4 2023 BorroeFinance ($ROE) is an AI-powered funding marketplace that helps web3 businesses and participants generate instant cash by selling their future digital earnings. On BorroeFinance, web3 content creators can mint their future subscriptions, invoices, royalties, and digital payments into trending NFTs and sell them to supportive communities at discounted prices. As a decentralized fundraising platform, BorroeFinance enhances buyer convenience and trust by facilitating automatic repayments and securing ROI. Before granting loan requests, web3 businesses undergo a thorough AI risk assessment to ensure their income sources are legit. Other benefits of borrowing and lending on BorroeFinance include full cost transparency, low transaction fees, instant funding, simple fee structure, etc. Investors are betting on this hot new crypto token in Q4 2023 and buying $ROE tokens in readiness for a massive price surge. $ROE is selling for $0.015 in its second presale stage. Investors expect the token will gain 167% to trade at $0.040 when it hits the mainstream crypto market. Furthermore, analysts say early $ROE investors may likely enjoy a greater price pump after BorroeFinance gains popularity in the crypto industry. Learn more about BorroeFinance ($ROE) here: Visit BorroeFinance Presale | Join The Telegram Group | Follow BorroeFinance on Twitter Contact Details Borroe Finance media@borroefinance.ai

October 20, 2023 03:15 PM Eastern Daylight Time

News Release

ChatGPT’s Picks for 2023’s Dominant Tokens: Loom Network, Bitcoin Cash, BorroeFinance

Blockchain Digest

2023 is slowly coming to an end. However, ChatGPT still has some valuable financial advice for crypto investors. Asian investors have keyed into the ROI opportunities in Loom Network ($LOOM), while Bitcoin Cash ($BCH) miners profited in early October. Meanwhile, savvy investors pitched their tents with BorroeFinance ($ROE). Let’s delve into these three tokens to discover expert forecasts and opinions. Does Loom Network ($LOOM), Bitcoin Cash (BCH), or BorroeFinance ($ROE) come out on top this October? >>BUY $ROE TOKENS NOW<< TDLR Loom Network ($LOOM) attracts Asian investors in Q4 2023. Analysts predict a Bitcoin Cash ($BCH) surge if the $250 resistance breaks. BlockAudit verified BorroeFinance ($ROE) and says the platform is safe from cyberattacks. Loom Network ($LOOM) Sustains Bullish Streak in October On October 13, 2023, Wu Blockchain revealed that Asian investors are acquiring massive blocks of Loom Network ($LOOM) tokens on Upbit (one of the best cryptocurrency exchanges in South Korea). According to Colin Wu, the $LOOM/$KRW pair on the platform accounted for 53.8% ($360 million) of the token’s total trading volume on October 12. South Korean crypto investors made this move after Loom Network ($LOOM) surged 206% in the fourth quarter of 2023. On October 1, the token traded for $0.1353. Two weeks later, Loom Network ($LOOM) saw a sharp price surge and traded for $0.4139. According to the AI research platform ChatGPT, Loom Network ($LOOM) can sustain its bull run till December if Asian investors continue backing the token. Bitcoin Cash ($BCH) Miners Take Profits in Early Q4 2023 According to recent data from IntoTheBlock, Bitcoin Cash ($BCH) miners took advantage of the price surge on October 2 to offload 250,000 $BCH tokens. On September 29, the $BCH miners reserve stood at 6.5 million tokens. By October 5, the number of tokens in reserve fell to 6.25 million, triggering a short bear run for Bitcoin Cash ($BCH). Luckily, the token bounced back, and information from ChatGPT suggests that Bitcoin Cash ($BCH) can still record a massive price surge in Q4. On October 10, Bitcoin Cash ($BCH) traded at $218. A week later, the token surged 6.30% and traded at $232. According to experts and technical analysts, Bitcoin Cash ($BCH) will surge if the token breaks through its $250 resistance. BorroeFinance ($ROE) Promises Massive ROI for Early Investors BorroeFinance ($ROE ) is a decentralized AI-based fundraising marketplace that allows web3 participants and content creators to raise instant cash by selling their future digital earnings. Web3 businesses and DeFi companies on BorroeFinance can easily access short-term liquidity, meet pressing needs, and automatically pay back their loans. Unlike other new DeFi projects, BorroeFinance is safe from hackers and exploits. BlockAudit audited the security framework of the platform and approved it for the public. Also, BorroeFinance recently released its smart contract address to foster transparency and user trust in the project. Currently, $ROE is in its second presale stage, and the token is selling for $0.015. After all presale stages conclude, $ROE will surge 167% and list on major crypto exchanges for $0.040. Analysts say early investors will record massive ROI before and after $ROE launches in the mainstream crypto market. Learn more about BorroeFinance ($ROE) here: Visit BorroeFinance Presale | Join The Telegram Group | Follow BorroeFinance on Twitter Contact Details Borroe Finance media@borroefinance.ai

October 20, 2023 10:56 AM Eastern Daylight Time

News Release

Are HarryPotterObamaSonic10Inu (BITCOIN) and NuggetRush (NUGX) The Future of Meme Coins?

RoundHouse Media

TL;DR 1. HarryPotterObamaSonic10Inu (BITCOIN) and NuggetRush (NUGX) are getting lots of attention in the crypto community. 2. HarryPotterObamaSonic10Inu is a meme coin that people can use for funny stuff. It's got a cool community that helps it grow and do well. 3. NuggetRush is a Play-2-Earn game where you can earn stuff while you play. -- In the world of online digital currencies, some funny-sounding meme coins like HarryPotterObamaSonic10Inu (BITCOIN) and NuggetRush (NUGX) are getting a lot of attention. People are searching for the best altcoins to watch, and these two are definitely on the list. While HarryPotterObamaSonic10Inu (BITCOIN) has been making some noise with its name that combines famous names, NuggetRush (NUGX) is catching people's interest with its connection to a game where you can earn stuff. These meme coins are showing that the digital money world is not just about serious things, but it can also be fun and maybe even helpful. As more people pay attention to these coins, they might become the ones that everyone talks about in the future. Funny Names, Serious Business: Exploring HarryPotterObamaSonic10Inu (BITCOIN) HarryPotterObamaSonic10Inu is an engaging and lively digital asset that operates on the BEP-20 token framework. This means it runs on the Binance Smart Chain (BSC), offering a platform for users to delve into the world of meme creation and entertainment. One of its standout features is its community-driven approach, where active members play a vital role in the token's development and growth. Since the developers have relinquished control and there is no active team at the moment, the community has taken charge, driving initiatives such as staking partnerships, a thorough audit process, and the creation of a user-friendly website integrated with an NFT Marketplace. The aim is to build a dynamic ecosystem where community members can come together, collaborate, and share their unique CoinLore, which essentially is the comprehensive history of the token, with the global audience. As investors seek the best altcoins to buy, HarryPotterObamaSonic10Inu (BITCOIN) stands out as a promising contender. It's not just a digital currency but a vibrant community-driven experience that gives importance to creativity, collaboration, and shared success. NuggetRush (NUGX) - Where Fun Meets Earning Potential NuggetRush isn't like any other game. It's an exciting P2E game where you can earn rewards as you play. P2E gaming, which stands for "play-to-earn" gaming, is a type of video game where players can earn real rewards by achieving certain goals within the game. Every time you achieve something in the game, you get valuable things that you can later swap for real gold, making your gaming experience even more thrilling and valuable. What's great about this top altcoin is that you don't have to pay any extra taxes when you buy or sell. So you can enjoy the benefits without worrying about extra costs. Also, if you join the Rush Guild VIP membership, you get special perks like discounts, the right to vote, and access to really cool stuff, making your gaming journey even better. In the game, there's a special place where players can buy, sell, and trade their own personalized avatar stuff. This lets you make the game more personal and gives you a chance to be part of the game's economy as it changes and grows. NuggetRush is currently one of the top 10 altcoins because it's all about making a fun and exciting place to play where you can also get something back. P2E gaming has gained popularity as it allows players to engage with the gaming experience and benefit financially from their time and skill in the game. You can make and trade your own avatar things, get special membership benefits, and swap what you earn in the game for real gold. >> Buy NuggetRush Now << Conclusion Looking at how creative and interesting they are, it's very possible that both HarryPotterObamaSonic10Inu (BITCOIN) and NuggetRush (NUGX) will do really well over the next few years. Because they get people involved and have stuff that the community helps with, these two digital cryptocurrencies will probably keep getting attention from people who invest money in them. If you're thinking about which crypto to buy today for long-term gains, these two could make you a lot of money. They care a lot about getting everyone involved, doing stuff that matters in the real world, and making the game really fun. And between the two, NuggetRush looks like the better choice, especially because it's a P2E game where you can win real stuff. Visit NuggetRush Presale Website Contact Details Nugget Rush Team media@nuggetrush.io

October 20, 2023 10:52 AM Eastern Daylight Time

Media and FCC Veterans Join the Media and Democracy Project in FCC Meeting Calling for a Hearing on Petition to Deny Fox Affiliate Broadcast License

Media and Democracy Project

The Media and Democracy Project (MAD) announced it met with the Federal Communications Commission (FCC) Media Bureau staff about its petition challenging the broadcast license renewal application for FOX Corp-owned television station FOX 29 Philadelphia (WTXF). The meeting focused on the basis for MAD's Petition to Deny and urged the FCC to grant a motion to compel FOX to turn over key relevant documents that have already been produced to plaintiffs in numerous lawsuits, including the settled Dominion case. This action is aimed at ensuring that the Commission has access to all the necessary facts as they evaluate the specific character and conduct issues relevant to Fox 29's renewal. MAD’s Executive Director Milo Vassallo was joined at the FCC by former FCC Chairman Alfred Sikes, former FOX lobbyist Preston Padden, former FOX and News Corp. outside legal counsel Bill Reyner and former Weekly Standard Editor William Kristol. They discussed how the lies about the 2020 election that aired on Fox News, authorized at the highest levels of FOX’s corporate structure to retain FOX’s viewer base and reverse failing ratings, represent egregious misconduct that shocks the conscience and severely violates the FCC policy on licensee character qualifications. The group also underscored the need for the Commission to designate WTXF’s broadcast license renewal for a hearing. "Never in the history of the Commission has the agency been confronted with a license renewal applicant whose parent company was found by a court of law to have repeatedly presented false news," said Preston Padden. “We were proud to bring a highly esteemed group before the Media Bureau to make our case and we hope that the Commission recognizes that all of these Petitioners/Commenters are unpaid volunteers acting out of principle and commitment.” A copy of MAD’s Ex Parte filing summarizing the meeting can be found here. A high resolution copy of the photo is available here. Photo Caption: Left to Right - David Goodfriend, Counsel/Advisor; William Kristol, Longtime Editor of Conservative Murdoch Magazine The Weekly Standard; Art Belendiuk; Counsel To Media And Democracy Project; Milo Vassallo, M.D./Ph.D. Executive Director of the non-partisan Media and Democracy Project; Preston Padden, Former Fox Executive and Murdoch Lead Lobbyist; Bill Reyner, Longtime Lead Regulatory and Commercial Outside Counsel To Murdoch/Fox; Al Sikes, Former Republican Chairman Of The FCC and Former Owner Of Radio Station Group The Media and Democracy Project: MAD is a non-partisan, all-volunteer, grassroots organization focused on strengthening a free and independent media in the public interest. MAD aims to improve our national discourse so that American voters can engage in informed decision-making. As part of that goal, MAD has an interest in the responsibility of journalists and media to report fully, accurately, and fairly on the electoral process and the outcome of elections. Additional information is available at www.MediaAndDemocracyProject.Org. Contact Details Raynor Ave. Aaron Alberico +1 202-744-0786 aalberico@raynoravenue.com Company Website https://www.mediaanddemocracyproject.org/

October 20, 2023 09:30 AM Eastern Daylight Time

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A Detailed Look At Givex Corp’s Expanding Global Presence

Benzinga

By Austin DeNoce, Benzinga Givex Corp. (OTCQX: GIVXF) (TSX: GIVX) is a comprehensive cloud-based global customer engagement and business insights platform. By providing crucial data insights and solutions across sectors, it aids merchants in enhancing customer engagement, optimizing point-of-sale (POS) strategies and streamlining payment processes. This multifaceted approach allows businesses to boost sales and make informed decisions that further their growth. However, Givex's influence isn't limited to its software offerings. The company's vast network, comprising over 124,000 active merchant locations, underscores its global footprint. Collaborations with distinguished brands such as Marriott International (NASDAQ: MAR), Best Western, Shell PLC (NYSE: SHEL) and Wendy's Company (NASDAQ: WEN) serve as a testament to Givex's quality and scalability and the trust it has garnered over the years. Historical Consistency And Forward Thinking Founded in 1999, Givex's trajectory under CEO Don Gray has been marked by both reliability and innovation, and the company reports it achieved profitability in year one. The company has achieved consistent profitability, an admirable feat in any market. But it's not just about past success – with a churn rate of less than 1%, Givex has demonstrated an ability to adapt and serve its partners, fostering enduring relationships in a competitive environment. Robust Technology, Diverse Solutions At its core, Givex is a tech-driven company. Its offerings span customer engagement, POS and payment solutions. With a suite ranging from omnichannel POS to stored value ticketing, Givex presents a holistic approach to merchant solutions. Backing this diverse range is its technological infrastructure. Fifteen data centers globally promise a near-perfect uptime of 99.9%, ensuring continuous transaction processing. This dedication to tech is evident in the over 1,100 integrations it offers, facilitating a seamless blend between Givex solutions and third-party platforms. Furthermore, Givex's platform facilitates integration with third-party solutions. It is compatible with various external platforms, including Squarespace, DoorDash Inc. (NASDAQ: DASH), Postmates, PayPal Holdings, Inc. (NASDAQ: PYPL), Skip the Dishes, Moneris, MLBAM and Shopify Inc. (NYSE: SHOP), providing merchants with integration options. Financial Fortitude And Future Growth A deep dive into Givex’s financials suggests the company has been both prudent and growth-oriented. Its Q2 2023 results highlight this with a 15% increase in revenue to $19.4 million and a 75% decrease in net loss, narrowing it down to just $978,000. The company's success also shines through in its six-month period metrics, where revenue surged by 16% to $38.6 million and net loss was reduced by 66% to $2.2 million. Notably, its focus on reducing Employee Compensation as a percentage of gross profit reflects its commitment to improve profitability. Finally, a robust cash balance provides operational stability, while an EV/EBITDA of 5.5 and an EV/Revenue of 0.5 signal healthy profitability metrics. Moreover, a 24% growth rate, culminating in a revenue of $72.9M in 2022 indicates a firm that seems positioned for continued growth. Givex's strategy encompasses strategic acquisitions, high-margin service upselling and augmenting its active merchant locations – painting a promising picture for potential investors. Value-Addition Through Strategic Subsidiaries Givex's strength is amplified through its subsidiaries. Kalex, with over 15,000 client locations in Canada including top brands like Burger King (NYSE: QSR) and Taco Bell (NYSE: YUM), and Loyalty Lane's CRM solution, serving over 2,000 grocers, further cement Givex's position in the market. Subsidiaries like Owen Business Systems, Pi Cash Systeme and Easy Information Solutions, with their respective specialties, offer a multi-pronged approach to service delivery, ensuring that Givex's reach isn’t just wide but also deep. Market Position And Future Outlook Notably, Givex isn't resting on its laurels. The company recognizes the massive potential as businesses continue to transition from legacy systems to cloud-based solutions. With a foundational ethos centered on making transactions meaningful, Givex's strategy is to capitalize on this market shift. Its growth plans encompass accelerating growth through strategic acquisitions, merchant acquisitions via multiple channels and upselling high-margin services to its extensive client base. When combined with its extensive service suite, including Gift Cards, GivexPOS and Loyalty Programs, Givex appears poised for sustained growth. For investors, Givex Corp. may present a dual opportunity – a company with a track record of growth which now seems poised for a new phase of expansion and innovation. The convergence of consistent performance, technological prowess, strategic planning and market positioning make Givex a compelling consideration for the discerning investor. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 20, 2023 09:00 AM Eastern Daylight Time

Independent Clinical Study Confirms Cue Health’s COVID-19 Test Is As Accurate As a Lab Test

Benzinga

By Rachael Green, Benzinga A new study published in Microbiology Spectrum put Cue Health’s (NASDAQ: HLTH) COVID-19 test head-to-head with lab-based PCR tests, which have become the gold standard in diagnostic accuracy for the virus — and found that, when used at the point-of-care, the Cue COVID-19 Test demonstrated 99.4% accuracy compared to the lab tests. The independent study serves as yet another major validation for the COVID-19 test, which officially became the first to receive D e Novo authorization from the FDA for home use this past June. Study Confirms Cue COVID-19 Test Is As Accurate As PCR Test, As Fast As Rapid Antigen Test The peer-reviewed study was the largest of its kind on asymptomatic people, comparing the Cue COVID-19 Test to a lab-based PCR in over 3,000 patients at multiple clinical sites, the majority of whom were not showing any symptoms of COVID. Across that wide sample base the reported overall accuracy rate was 99.4%. Moreover, while a lab-based test can take hours or days to deliver results, the entire diagnostic process using Cue’s platform took just 25 minutes, including the time spent collecting the sample. Typically, that kind of speed comes with a tradeoff in accuracy. While PCR lab tests are the gold standard in accuracy, rapid antigen tests – which are less sensitive than PCR tests but easier to use – have been the gold standard in speed and ease of use. Antigen tests can deliver results in as little as 15 minutes, but they only have an accuracy rate of about 80% overall and among people not currently showing symptoms, that accuracy drops even lower to just 39%, according to at least one study Because of this lower accuracy, users are typically advised to take another test a couple of days after receiving a negative result from an antigen test to make sure they really don’t have COVID. That couple of days could not only delay the time to treatment but it also creates a window of time where the person could unknowingly infect others if they do, in fact, have COVID. So the at-home available Cue test, which makes it so easy to collect and test samples that anyone can do it without special training, is able to merge the accuracy of a lab PCR test with the speed and simplicity of an at-home rapid antigen test. At clinics and hospitals, the portable Cue Reader and COVID-19 test cartridges and swab require no special training to use and can deliver results in 20 minutes. Instead of scheduling a lab test and waiting days for the results, healthcare providers can get a diagnosis right away and send the patient home with the right prescription and treatment plan rather than waiting days to hear back about lab results. At home, consumers can skip the point-of-care visit altogether and instead get a Cue Reader and a stash of COVID-19 test cartridges to keep at home. Whenever they think they might have been exposed, they can take a simple-to-use test at home and get the result in 20 minutes. After that, they can connect with a healthcare provider right from the Cue Health App to discuss the result, come up with a treatment plan and have any necessary prescriptions delivered right to their doorstep. “Narrowing the time interval from test to treatment accelerates how quickly the patient can begin convalescence and return to work, which reduces overall economic stress,” the researchers wrote in the study, adding that this “has particular benefit to at-risk communities where other health and community resources, including testing, can be limited.” The researchers also noted that the high accuracy, especially the lack of false negatives, means Cue’s test could help curb the spread of COVID. People can get reliable results even before they start showing symptoms and begin isolation, masking, and other best practices for avoiding passing the infection on to others — a crucial factor missing from antigen tests. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. The Cue COVID-19 Test for CLIA Certified Healthcare Providers and Laboratories (Cue COVID-19 Test) and the Cue COVID-19 Test for Home and Over The Counter (OTC) Use have not been FDA cleared or approved, but they have been authorized by FDA under an Emergency Use Authorization. These products have been authorized only for the detection of nucleic acid from SARS-CoV-2, not for any other viruses or pathogens. The emergency use of these products is only authorized for the duration of the declaration that circumstances exist justifying the authorization of emergency use of in vitro diagnostics for detection and/or diagnosis of COVID-19 under Section 564(b)(1) of the Federal Food, Drug and Cosmetic Act, 21 U.S.C. Â§ 360bbb-3(b)(1), unless the declaration is terminated or authorization is revoked sooner. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 20, 2023 09:00 AM Eastern Daylight Time

SSV Capital "can be a really influential company going forward"

SSV Capital Ltd

SSV Capital Non-Executive Director Chris Bullock visits the Proactive London studio to speak with Thomas Warner about what he is hoping to bring to the nascent ESG-focused business. Bullock shares some insights into his role and the company's focus on ESG (Environmental, Social, and Governance) principles. With nearly five decades in the commercial sector, Bullock says his expertise lies in ESG and sustainable matters, particularly within startups and SMEs. He explains that he was drawn to SSV Capital due to its commitment to ESG, its innovative vision, and the passionate leadership of founder Ankur Ghosh. Bullock emphasises the importance of sustainability, viewing it as synonymous with longevity. He gives the example of the environmental impact of digital transactions, noting the carbon footprint of credit card creation. Bullock believes that SSV Capital can become a significant influencer in the FinTech and PropTech arenas, leveraging ESG principles to drive innovation and sustainable growth. He concludes by saying that he believes SSV Capital "can become a really influential company going forward." Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

October 20, 2023 03:00 AM Eastern Daylight Time

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News Release

LiDAR and EYE Safety Explained by Dr. Jun Pei: CEO of Cepton, Inc

Cepton Inc

Cepton, Inc's co-founder and CEO Dr Jun Pei joined Steve Darling from Proactive to delve into the convergence of LiDAR technology and eye safety. Addressing concerns about LiDAR's impact on human eyes and its role in eye safety, Dr. Pei outlined the company's approach to ensuring safety standards are met. Dr. Pei emphasized that all devices placed on vehicles must adhere to regulatory eye safety standards. He clarified misconceptions about the impact of different wavelengths on safety, highlighting that safety involves a combination of factors including power, pulse rate, and exposure time, in addition to wavelengths. Dr. Pei pointed out that Cepton, Inc's choice of 905nm wavelengths for their LiDAR technology is not only for safety but also due to other advantages, such as lower power consumption and reduced heat generation, which align with AI safety thresholds. This interview with Dr. Jun Pei provides valuable insights into Cepton, Inc's dedication to eye safety, the rationale behind using 905nm LiDAR technology, and the importance of transparently assuring customers of the safety and reliability of their products through third-party validation and data-backed evidence. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

October 19, 2023 12:32 PM Eastern Daylight Time

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News Release

Rocketfuel Payment Solutions announces financials showing record numbers

RocketFuel Blockchain

Rocketfuel Payment Solutions CEO Peter Jensen joined Steve Darling from Proactive to share news about the company's record-breaking financial performance. In the first quarter of 2023, RocketFuel reported revenue of $235,459,000, reflecting a remarkable growth rate of 127% compared to the previous quarter. Jensen highlighted that this revenue represents a 28X increase from the same quarter in the previous year. Additionally, the company is pre-announcing anticipated revenue figures of $765,000 for the second quarter of 2023, which, if achieved, would be a 225% increase compared to the previous quarter and a 17X increase from the same quarter last year. RocketFuel's significant growth can be attributed to the acquisition of multiple large new customers and the expansion of services provided to existing customers. These results indicate the company's strong performance and its ability to capture a larger market share in the payment solutions industry. Contact Details Proactive Investors +1 347-449-0879 na-editorial@proactiveinvestors.com

October 19, 2023 12:28 PM Eastern Daylight Time

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