About Centiiv

Centiiv offers blockchain development services, online payment solutions, and cryptocurrency token creation. Their platform enables businesses to integrate blockchain technology, manage digital assets, and facilitate cryptocurrency transactions.

```xml <problem> Businesses in emerging markets, particularly in Africa, face challenges with cross-border transactions due to complex, slow, and expensive payment systems. These challenges hinder their ability to participate effectively in the global market and limit growth opportunities. Additionally, a lack of trust between parties can impede transaction completion. </problem> <solution> Centiiv provides a payment infrastructure that enables merchants in emerging markets to process payments with seamless conversions and transact globally using multi-currency accounts. The platform supports instant, hassle-free cross-border transactions, connecting African businesses to the global market. Centiiv offers solutions such as payment links, APIs, scan-to-pay options, and wallet APIs. The platform also incorporates an integrated escrow system and API to build trust and secure funds during transactions. By leveraging blockchain technology, Centiiv aims to reshape how businesses connect, transact, and thrive in the global economy. </solution> <features> - Multi-currency business accounts for processing payments in various currencies. - Payment links and APIs for easy integration into e-commerce websites and platforms. - Scan-to-pay functionality for accepting payments in physical stores using QR codes. - Integrated escrow system and API to facilitate secure transactions between buyers and sellers. - Credit clawback system for efficient recovery of payments from credit-based sales. - Support for USDT payments via the Aptos blockchain. - WooCommerce/WordPress plugin for effortless integration into e-commerce stores. </features> <target_audience> Centiiv primarily targets African businesses, e-commerce platforms, and merchants in emerging markets that require seamless, secure, and cost-effective cross-border payment solutions. </target_audience> <revenue_model> Centiiv generates revenue through transaction fees, with pricing tiers for local, international, and escrow transactions. For local transactions, fees are 1% + ₦100 per transaction (capped at ₦1500), and for international transactions, fees range from 1.5% + $0.50 to 3% per transaction, depending on the amount. </revenue_model> ```

What does Centiiv do?

Where is Centiiv located?

Centiiv is based in Ikeja, Nigeria.

When was Centiiv founded?

Centiiv was founded in 2022.

Location

Ikeja, Nigeria

Founded

2022

Employees

9 employees

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Centiiv

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Executive Summary

centiiv.com 300+

Founded 2022 – Ikeja, Nigeria

Funding

No funding information available.

Team (5+)

No team information available.

Company Description

Problem

Businesses in emerging markets, particularly in Africa, face challenges with cross-border transactions due to complex, slow, and expensive payment systems. These challenges hinder their ability to participate effectively in the global market and limit growth opportunities. Additionally, a lack of trust between parties can impede transaction completion.

Solution

Centiiv provides a payment infrastructure that enables merchants in emerging markets to process payments with seamless conversions and transact globally using multi-currency accounts. The platform supports instant, hassle-free cross-border transactions, connecting African businesses to the global market. Centiiv offers solutions such as payment links, APIs, scan-to-pay options, and wallet APIs. The platform also incorporates an integrated escrow system and API to build trust and secure funds during transactions. By leveraging blockchain technology, Centiiv aims to reshape how businesses connect, transact, and thrive in the global economy.

Features

Multi-currency business accounts for processing payments in various currencies.

Payment links and APIs for easy integration into e-commerce websites and platforms.

Scan-to-pay functionality for accepting payments in physical stores using QR codes.

Integrated escrow system and API to facilitate secure transactions between buyers and sellers.

Credit clawback system for efficient recovery of payments from credit-based sales.

Support for USDT payments via the Aptos blockchain.

WooCommerce/WordPress plugin for effortless integration into e-commerce stores.

Target Audience

Centiiv primarily targets African businesses, e-commerce platforms, and merchants in emerging markets that require seamless, secure, and cost-effective cross-border payment solutions.

Revenue Model

Centiiv generates revenue through transaction fees, with pricing tiers for local, international, and escrow transactions. For local transactions, fees are 1% + ₦100 per transaction (capped at ₦1500), and for international transactions, fees range from 1.5% + $0.50 to 3% per transaction, depending on the amount.