South Africa’s Crypto Startup, CentBee, Raises $1 Million to Scale Cross-Border Bitcoin Remittances

BitKE · 2026-04-05T07:20:24+00:00

Centbee, a blockchain payments company from South Africa and the UK, secured $1 million in pre-Series A funding to enhance Bitcoin accessibility. The startup has processed 35,000 remittance payments into Africa and operates apps available on major platforms.

BitKE

2026-04-05 07:20:24

Abstract generation in progress

Centbee, a South Africa/ UK blockchain payments company, has closed $1 million in pre-Series A funding led by Calvin Ayre, founder of Ayre Ventures.

“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,” Ayre said.

The startup’s expansion will be driven from its offices in South Africa, in addition to London, where it is headquartered. The startup has processed 35,000 remittance payments into Africa.

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

CentBee graduated from the South Africa’s IFWG’s inaugural regulatory sandbox in 2021 and has been scaling up aggressively since then.

BTC0.26%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes