Centi, a Zurich, Switzerland-based blockchain-powered micropayments and financial inclusion company, raised an undisclosed amount in Seed funding.
The round was led by Archblock and Bloomhaus Ventures.
The company intends to use the fund to accelerate growht on a global scale.
Led by Bernhard Müller, Centi leverages blockchain technology to introduce real-world applications specifically addressing two of its most significant shortcomings: the inefficiency of micropayments and the lack of financial inclusion. Through its proprietary stablecoin technology, the company develops innovative solutions such as:
- Micropayments (B2B): Centi confronts the inefficiency in processing micropayments, enabling transactions as minimal as a cent, and unlocking new opportunities for digital content monetization.
- Financial Inclusion (B2C): Centi offers a direct-to-consumer stablecoin that can be purchased with physical cash, providing a gateway for the unbanked into the world of digital payments and credit cards.
FinSMEs
20/12/2023