Crowdfund Insider: Blockchain Payments Firm Web3 Enabler Seeks $1.24 Million on Republic

Crowdfund Insider
Crowdfund Insider is reporting on our raise, Blockchain Payments Firm Web3 Enabler Seeks $1.24 Million on Republic.

Crowdfund Insider’s JD Alois reports:

While there are many digital payments firms and some already using blockchain technology, Web3 Enabler touts its relationship with SalesForce Appexchange and expanding soon to Zoho, Netsuite, Quickbooks, Xero, and others as to why they can become a success. Other partners include Circle, Ripple (XRP), and more. The company claims to have over 50 companies in various stages of onboarding, which are supposed to roll out over the coming quarters.

Alois goes over the details of the raise, mentioned our extensive partnerships, our support from Chain Reaction Boston, as well as plans to expand into a variety of industries. The Republic Raise has repeatedly established as trending on Republic, as one of the most popular raises.

Summary of Article:

Web3 Enabler, a startup in the blockchain-based payments sector, is raising up to $1.24 million on Republic through a SAFE (Simple Agreement for Future Equity) with a $7.5 million valuation cap and a 20% discount. So far, the Reg CF offering has raised over $80,000 from 164 investors. Additionally, the company has a side-by-side Reg D offering, which has raised $225,000 of its $500,000 goal, though the terms may differ.

The company emphasizes partnerships with Salesforce Appexchange, Circle, Ripple (XRP), and plans to integrate with Zoho, Netsuite, Quickbooks, and Xero, aiming to onboard 50+ companies over the next few quarters. Although not yet generating significant revenue, Web3 Enabler projects revenues of $1–3 million in 2025.

Pre-seed funding includes $110,000 from ChainReaction, contributing to $225,000 raised as of October 2024. The startup positions itself as a scalable leader in blockchain-based payments.

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