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Centbee logo — Centbee is a digital cash wallet that makes it easy for glob...

Centbee

Centbee is a digital cash wallet that makes it easy for global consumers to buy, spend and send digital cash.

Founded 2017 South Africa Sandton, South Africa 2 employees Total: $2.30M Financial Services, Fintech +2

General Information

Company Name Centbee
Founded Year 2017
Location South Africa Sandton, South Africa
Employees 2
Industries Financial Services, Fintech, Mobile +1
Business Model B2C, P2P, Platform
Revenue Model Transaction Fee, Service Fee, Marketplace Fee
Social

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About Centbee

Centbee, founded in 2017, is a South African fintech startup specializing in digital payments. The company offers a user-friendly digital cash wallet that capitalizes on the BSV blockchain, enabling global consumers to seamlessly buy, spend, and send digital cash internationally using mobile phones.

The company's value proposition is encapsulated in its slogan: "Centbee is a digital cash wallet that makes it easy for global consumers to buy, spend and send digital cash." Operating within the rapidly evolving domains of Financial Services, Fintech, Mobile, and Payments, Centbee stands out by offering streamlined and efficient digital transactions.

The company's latest financial milestone was a ZAR17.00M Seed Round investment noted on 23 December 2022, led by the Ayre Group. This capital infusion highlights potential growth and investor confidence in Centbee's ability to scale and provide digital cash solutions globally.

Taxonomy: digital cash wallet, BSV blockchain, cross-border remittances, digital payments, financial inclusion, remittance services, mobile money, consumer payments, payment solutions, digital goods, B2C payment company, mobile transactions, blockchain integration

Services & Products

Digital Cash Wallet
Social Network for Money
Global Money Transfer
Paymail Capability
Instant Support

Target Customers

Tech-savvy Individuals Students Freelancers Gig Workers College Students

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Early VC $1.00M 1
Calvin Ayre
01 Dec 2022
Early VC Undisclosed 1
Two Box Ventures
01 Feb 2020
Series A $1.30M 2
Paper Plane Ventures
Paper Plane Ventures, Calvin Ayre
01 Apr 2019
Early VC Undisclosed 2
Paper Plane Ventures
Paper Plane Ventures, NChain (Formerly EITC Holdings)
01 Jan 2018
Seed Undisclosed 1
Startup Braga
01 Jun 2017

Centbee Alternatives & Competitors

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Centbee vs
Valora
Valora United States

Valora is a mobile wallet that allows you to send, save, and spend crypto as easily as sending a tex...

Series A
18 employees
Blockchain, Financial Services
Centbee vs
WayaMoney
WayaMoney Ghana

The app you need to make payments, send data, and airtime across African countries.

Seed
10 employees
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Centbee vs
Uphold
Uphold United States

Discover, trade and pay in crypto better.

599 employees
Blockchain, Crypto
View all alternatives

FAQ About Centbee

Centbee is a digital cash wallet that makes it easy for global consumers to buy, spend and send digital cash.
Centbee was founded in 2017.
Centbee is headquartered in Sandton, South Africa.
Centbee operates in Financial Services, Fintech, Mobile and Payments. Its work centres on digital cash wallet, BSV blockchain, cross-border remittances and digital payments. Its customers include Tech-savvy Individuals, Students and Freelancers.
Centbee has a B2C, P2P and Platform business model. Its revenue comes from Transaction Fee, Service Fee and Marketplace Fee.
Centbee has approximately 2 employees.
Centbee has completed 5 funding rounds, raising a total of $2.30M.
Centbee offers: Digital Cash Wallet, Social Network for Money, Global Money Transfer, Paymail Capability, Instant Support.
Top alternatives and competitors to Centbee include Valora, WayaMoney, Uphold, Skrill, a Paysafe Experience, MatchMove. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Centbee and Valora are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Centbee, https://bouncewatch.com/company/centbee, updated 5 April 2026. When citing, please name BounceWatch and link this page.

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