Global Blockchain Payments Wallet, Centbee, Raises $1 Million in Pre-Series A Funding from Ayre Ventures

Centbee

Blockchain payments company, Centbee (www.Centbee.com), announced today that it has closed its pre-Series A round with entrepreneur Calvin Ayre, founder of Ayre Ventures (www.Ayre.Group). Ayre Ventures first invested in Centbee in 2019. Speaking about 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 all. Unlike other blockchains, BSV is focused on utility, not speculation, and Centbee is working hard to promote Bitcoin’s adoption as a true peer-to-peer electronic cash system.”

Centbee Co-CEO Lorien 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 it. Our newest feature, ChatPay, makes it easy to send money via a chat application in your wallet.”

Headquartered in London, UK, with offices in South Africa, Centbee was founded by co-CEOs, Lorien Gamaroff and Angus Brown. Gamaroff is a leading expert on blockchain technologies and cryptocurrencies. He has consulted and advised regulators and companies 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, the world’s first bank-backed digital currency created in 2000. Brown was appointed chairman of the BSV blockchain technical standards committee earlier this year.

“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 money transfer service, Minit Money, enables people to move money easily and cheaply across borders to support family and friends, and has already processed over 35,000 money transfers to Africa. The investment to Ayre Group will be used for scaling and growth as well as strengthening technical and operational capacity.

The Centbee and Minit Money apps are available on the Apple Store, Google Play Store and Huawei App Gallery.

Distributed by APO Group on behalf of Centbee.

Media inquiries:
For further information, please contact
Heidi Patmore,
Manjaro Marketing,
on +27 82 579 9473 or [email protected]

About Ayre Ventures:
Founded by entrepreneur Calvin Ayre, Ayre Group has investments and interests worldwide. With a passion for content and publishing, fintech, property and real estate in seven countries around the world, Ayre Group supports and drives the world’s most disruptive innovations.

www.Ayre.Group

About Centbee:
Centbee is a digital money wallet that makes it easy for global consumers to buy, spend and send digital money to friends and family on their mobile phone using the BSV blockchain. www.Centbee.com

This press release has been issued by APO. The content is not monitored by the editors of African Business, and the content has not been checked or validated by our editors, proofreaders or fact-checkers. The issuer is solely responsible for the content of this announcement.

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