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Centi Closes Seed Financing Round Led By Archblock And Bloomhaus Ventures, Advancing Blockchain-Based Micropayments And Financial Inclusion

PRIVATEDec 20, 2023

Round Type

Seed

ZurichFinancial Services

Investors

Bloomhaus VenturesArchblock

Description

Centi is proud to announce the successful completion of its seed financing round led by Archblock and Bloomhaus Ventures with continued investments from existing shareholders and founders. Recognized for its proficiency in processing transactions as small as a cent, Centi is poised for the global expansion of its blockchain-based micropayment solutions and an increased footprint in promoting financial inclusion. The funds secured in this financing round will fuel Centi's mission to revolutionize digital transactions on a global scale.

Who else raised in Financial Services around the same time

Companies in the same sectors as Centi that raised within 45 days of this round, from Fundz verified event records.

  • Pacific Life raised $46M on February 2, 2024.
  • Pacific Life raised $767K on February 2, 2024.
  • Velar raised $3.5M (Seed) on February 2, 2024.
  • BenePass raised $20M (Funding Round) on February 2, 2024.
  • Mufin Green Finance raised $18M (Seed) on February 2, 2024.
  • Pacific Life raised $664K on February 2, 2024.

Who to call at Centi, and when

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Company Information

Company

Centi

Location

Zurich, Zurich, Switzerland

About

Centi is a dynamic Web3 payment infrastructure startup that is revolutionizing the world of payments with its unique approach to blockchain technology. Our mission is to make blockchain technology usable for society, and we achieve this by leveraging a high-performance payment processing blockchain running a self-issued stablecoin, which is further secured with a Swiss bank guarantee. We are committed to providing a real alternative to the expensive credit card industry and its outdated 4-party system. With Centi, direct payment processing from buyer to seller is made possible, resulting in substantial savings of up to 99% compared to traditional credit card transactions. Our pioneering approach is the culmination of extensive research and development, as well as a deep understanding of the challenges facing the payments industry today. By offering a faster, cheaper, and more secure payment solution, we are empowering individuals and businesses around the world to transact with confidence and ease. At Centi, we are passionate about driving innovation in the payments industry and are committed to delivering exceptional value to our customers. Join us on our journey as we reshape the future of payments and make blockchain technology accessible to all.

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