Centi, founded in 2020 and based in Zurich, leverages blockchain technology and a proprietary stablecoin to enable micropayments and promote financial inclusion. The company touts the ability to process transactions as small as one cent and targets both B2B micropayments and B2C inclusion use cases. Its stablecoin is designed for compatibility with existing payment infrastructures, positioning Centi to integrate with current systems. Centi plans global expansion and aims to increase its footprint in promoting financial inclusion. The recent financing will be used to advance its blockchain-based micropayment solutions and accelerate market growth. Company leadership, including co-founder Bernhard Müller, emphasizes delivering practical, real-world blockchain applications beyond theoretical possibilities. Centi is a Bitcoin SV payments processor founded by Bernhard Müller and based in Zurich, Switzerland. The company integrates with existing POS systems and acquirers so merchants can accept digital-currency payments without additional hardware or extensive staff training. Customers pay in BSV while merchants receive payments in their local fiat currency, removing accounting and settlement frictions tied to cryptocurrencies. Centi closed its first funding round, though the amount raised was not disclosed. The company intends to use the funds to launch the system, with an initial rollout planned with retail partners across Switzerland. No operating metrics or instrument details were disclosed in the article.

Total raised

$2M

Funding rounds

2

Latest round

Seed

Latest activity

Dec 2023