Centi Raises Seed Funding to Expand Blockchain-Powered Micropayments and Financial Inclusion Solutions Globally
Blockchain-powered micropayments and financial inclusion company, Centi, has raised an undisclosed amount in Seed funding led by Archblock and Bloomhaus Ventures. The Zurich-based company plans to use the funds to accelerate growth on a global scale. Centi aims to address the inefficiency of micropayments and the lack of financial inclusion through its proprietary stablecoin technology, which enables transactions as minimal as a cent and 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.
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