Rinchi
TechInAfrica – A South Africa-based bitcoin startup, Centbee, has secured R18.3 investment from Calvin Ayre, an entrepreneur and the founder of Ayre Ventures and CoinGeek. The investment was facilitated nChain—the leading blockchain advisory, research, and development firm.
The Ayre’s investment is one of his missions to advance the Bitcoin SV ecosystem. On the other hand, nChain will support the startup by providing technical consulting services and access to its intellectual property portfolio.
Ayre said: “Centbee has a track record of making Bitcoin easily usable and accessible to everyone including merchants and consumers. They support the original Bitcoin protocol in the form of Bitcoin SV and have demonstrated an extraordinary ability to attract users and we’re proud to support their further growth.”
Centbee is a South Africa-based Bitcoin startup co-founded by Lorien Gamaroff and Angus Brown. It provides Bitcoin Cash wallet developed for the global market. Its wallet opens access to Bitcoin cash (BCH), the upgraded version of Bitcoin (BTC). Its Bitcoin cash provides secure, fast, and affordable cryptocurrency transactions.
“Centbee has made it easy for customers to buy Bitcoin SV easily at over 50 000 till points in South Africa. Through this, we will help people move money simply and cheaply across borders to support family and friends. The investment will be used for product development, scaling, and growth,” Angus Brown said.
The startup is a gold member of AlphaCode powered by Rand Merchant Investment Holdings. The Head of AlphaCode, Dominique Collett, expressed his gratitude for the investment that Centbee has secured from the world’s most prestigious investors in the cryptocurrency and blockchain sphere.
Source: techfinancials.co.za
