Road to Success

Blockchain payments company Centbee announced today that it has closed its pre-Series A round with entrepreneur Calvin Ayre, founder of Ayre Ventures.

Ayre Ventures first invested in Centbee in 2019.

The company was founded by co-CEOs Angus Brown and Lorien Gamaroff’s in South Africa and now is a global blockhain payments wallet business.

It is headquartered in London, United Kingdom, with offices in South Africa.

Gamaroff is a leading expert in blockchain technologies and cryptocurrencies. He has consulted and advised regulators and corporates internationally and is highly regarded globally as an educator and presenter.

Brown has 20 years of experience in payments and banking including the role of CEO of eBucks.com, a world-first bank-backed digital currency created in 2000.

Brown was appointed Chairman of the BSV blockchain’s Technical Standards Committee earlier this year.

Speaking on the new raise, Ayre said, “My faith in Centbee has been rewarded through Angus and Lorien’s ongoing commitment to making Bitcoin – the original protocol in the form of BSV – easily usable and accessible to everyone. Unlike other blockchains, BSV is focused on utility, not speculation, and Centbee is working hard to further Bitcoin’s adoption as a true peer-to-peer electronic cash system.”

The company is gaining a big user base beyond its home continent. In the Philippines, it has integrated the very popular mobile wallet GCash, making it easy for users to spend their Bitcoin..

 Gamaroff, added, “We have the right vision, products and team to drive exponential growth for our investors.

“Consumers around the world are looking for better, easier ways to pay, and our blockchain-based payment wallet does just that.

“Our latest feature, ChatPay, makes it easy to send money via an in-wallet chat application.”

Centbee is a digital cash wallet that makes it easy for global consumers to buy, spend and send digital cash to their friends and family on their mobile phones using the BSV blockchain.

“Centbee has a suite of digital cash products and services that make payments easy, even cross-border,” says Angus Brown, Co-CEO.

“Our cross-border remittance service, Minit Money, enables people to move money simply and cheaply across borders to support family and friends and has already processed over 35 000 remittances into Africa.

“The investment by Ayre Group will be used for scaling and growth as well as strengthening technical and operating capacity.”

The Centbee and Minit Money apps are available in the Apple Store, Google Play store and Huawei app gallery.

@Centbee’s @gamaroff explains how the Bitcoin SV blockchain can be a powerful tool to help businesses and entrepreneurs integrate micropayments to enable seamless remittances.

Watch him reveal the latest Centbee feature: ChatPay via the Bitcoin SV: https://t.co/loh8FlrxIu

— Bitcoin Association (@BitcoinAssn) December 14, 2022