Centi, a BitcoinSV payment processing platform, has just brought in a significant amount of capital from a new funding round headed up by Dr. Jürg Conzett & Calvin Ayre, according to a press release from the group.
Conzett is the founder of MoneyMuseum in Zurich, and Ayre is the founder of Ayre Group and CoinGeek.
Centi ensures that merchants can accept cryptocurrencies as payment via a Point of Sale infrastructure, the release notes. This means that more people can spend digital assets as they please, increasing accessibility and ensuring the space has more of a use case.
Founded by Bernhard Müller, Centri exclusively uses BitcoinSV thanks to its speed and scalability solutions. That and it features incredibly low transaction fees compared to other networks. Speaking on the matter is Müller himself, who said:
“I feel privileged to work with two such experienced investors – Calvin Ayre and Dr Jürg Conzett – on creating the digital cash register of the 21st century. At this stage, expertise and business connections are just as important as the investment money. It humbles me to be able to work with top tier business professionals who recognize the commercial value of our ideas and placed their trust in Centi to realize and extend our vision.”