Centi
Latest round
- Seed
Last raised
- Dec 2023
Total raised
- $2M
Investors
- 2
About Centi
Founded in 2020, Centi Ltd operates out of Zurich, Switzerland, offering innovative digital payment solutions aimed at bridging the gap between traditional finance and digital inclusivity. and Bloomhaus Ventures.Centi focuses on delivering innovative digital payment solutions designed to empower unbanked and underbanked individuals by bridging the gap between traditional finance and digital inclusivity. The company’s core offerings include a non-custodial wallet system that facilitates the conversion of cash into digital currency, enabling seamless access to digital payments without the traditional barriers of banking systems. Centi's micropayment technology drastically reduces transaction fees, making it viable for users to engage in small-scale transactions and fostering an environment for previously uneconomical microtransactions. The company also provides stablecoin services, ensuring a reliable means of digital exchange, which is critical for building trust among users new to digital financial systems. Furthermore, Centi’s tokenization capabilities enhance asset liquidity and accessibility for both individuals and businesses.Centi's revenue model is primarily structured around transaction fees generated from its digital payment solutions, including micropayments and stablecoin transactions. The company engages in partnerships with businesses that integrate Centi’s payment systems into their existing infrastructures, facilitating direct transactions between merchants and end consumers. Through these collaborations, Centi charges a fee for each transaction processed via its platform, which allows businesses to benefit from reduced processing costs compared to traditional payment methods. Retailers and service providers utilizing Centi's solutions can streamline their payment processes while providing a cost-effective experience for their customers. The company plans to introduce new products aimed at enhancing its digital payment solutions and is targeting expansion into new markets, particularly in Africa and other global regions, within the coming year.
Who invested in Centi
2 investors across 1 round
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Funding rounds
Seed
Dec 20, 2023
Amount
$2M
Investors
Questions about Centi
Who invested in Centi?
Centi has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Centi raised?
Centi has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Centi last raise money?
Centi's most recent round on record is a Seed, in Dec 2023.
What does Centi do?
Founded in 2020, Centi Ltd operates out of Zurich, Switzerland, offering innovative digital payment solutions aimed at bridging the gap between traditional finance and digital inclusivity.
Where is Centi headquartered?
Centi is headquartered in Zurich, Switzerland.
Which VCs invest in companies like Centi?
Among active investors with capital left to deploy, Mundi Ventures, Apis Partners, 7RIDGE and Mouro Capital back financial services companies at Centi's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
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