RocketFuel Blockchain Inc (OTCQB:RKFL), a payment processing solutions provider, said it expects to see more than $2 million in revenue in its first three quarters of 2024, according to a statement from the company.
The nine-month period saw the company generate revenue and expand its customer base.
For the period from January 1, 2024, to September 30, 2024, RocketFuel anticipates revenue of $2.25 million, more than double the amount from the same period last year.
Both the number of transactions and transaction volume have also doubled.
Over the past four full quarters, which spanned from October 1, 2023, to September 30, 2024, the company processed 1 million payment transactions across its products without any downtime.
This growth was largely attributed to the increasing adoption of RocketFuel’s solutions by customers and partners. The company has served approximately 400,000 unique users and shoppers.