According to Foresight News, Swiss blockchain micropayment startup Centi announced the completion of its seed round of financing, led by Archblock and Bloomhaus Ventures. The specific amount has not been disclosed yet.
Centi mainly uses blockchain technology to solve the inefficiency of small payments and the lack of financial inclusion, while providing innovative payment solutions based on stablecoin technology. In March this year, the company announced the launch of Centi Swiss Franc, a stablecoin pegged to the Swiss franc, which is supported by Swiss banks at a 1:1 ratio.