Led · Seed · Dec 2023

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.

Participated · Seed · Jun 2023

AlloyX builds payments infrastructure that bridges traditional banking with blockchain, enabling businesses to send and receive stablecoin payments and integrate crypto payments. Its platform facilitates currency exchanges and leverages institutional-grade custodial wallets, multi-chain security, and tokenization technology to allow businesses to tokenize real-world assets. The company holds licenses spanning virtual assets, payments, and trusts and serves institutional and retail clients in over 70 countries. AlloyX raised USD10M in a Pre-A funding round led by Solowin Holdings, with participation from Arbitrum Foundation, Offchain Labs, PMT Capital, Ming Capital, Fern Win Capital, Whitecove Capital and Kiln SAS. It intends to use the proceeds to expand operations across the UAE, ASEAN, and Africa to strengthen its position in high-growth regions. The firm offers enterprise-grade solutions aimed at enabling businesses to operate across diverse financial ecosystems. AlloyX operates a DeFi aggregation platform for tokenized credit, enabling protocols, DAOs and institutional investors to build diversified RWA investment strategies. Its core product is a liquid RWA vault and a blended investment vault that combines Credix Finance’s tokenized private credit with tokenized U.S. T‑bills. The team has integrated with nine credit protocols to date, including Credix Finance, Goldfinch and Centrifuge, and is building the industry’s first blended vault with Credix and a tokenized U.S. T‑Bills protocol. AlloyX reports $5 million in total value locked (TVL) and average yields above 18% since inception in 2021. The blended vault taps into more than $530 million in active on‑chain private credit loans and is scheduled to go live in early Q3 2023. The company plans to integrate with additional DeFi protocols and launch more investment vaults later in the year.