Venture capital firm Paper Plane Ventures sold the shares it held in bitcoin cash wallet startup Centbee to Dutch Two Hop Ventures for an undisclosed amount.
Centbee enables customers to make purchases in supermarkets and pay the bill via mobile phone using a cryptographic system (Bitcoin SV). Co-founded in 2017 by Lorien Gamaroff and Angus Brown, the company also carries out international money transfer operations.
Centbee meets Two Hop Ventures’ investment criteria. The Dutch firm exclusively targets startups that are likely to generate substantial returns over the next five to ten years and that use Blockchain technology to develop solutions and products for their customers.
“With Two Hop’s support, we’ll continue building more utility into our products by leveraging the BSV blockchain and delivering world-class app functionality to our users,” said Angus Brown (pictured, right).
Chamberline Moko
• Inflation within the West African Economic and Monetary Union (UEMOA) fell to a two-year low of 0....
Flutterwave gained a BCEAO license to operate in Senegal, expanding to 35 African countries. ...
In Africa, the private sector is widely seen as the main engine of industrialization and plays a cen...
President Paul Biya, 92, to seek eighth term in October 2025 election In power since 19...
• Interbank volumes rose 18.7% in May, while rates declined across the market• The BCEAO cut its mai...
Highlights: • Kobold Metals signed an agreement in principle with the DRC government on July 17, 2025.• The deal includes the Manono lithium project,...
Highlights: • Global cocoa processing down across all major regions in Q2 2025• ECA: Europe’s grindings at lowest since 2020, Asia at lowest since...
Highlights: • Egypt targets 42% renewable energy share by 2030.• POWERCHINA to build 130-km high-voltage line signed on June 25.• National grid expansion...
Highlights: • EXIM Bank issues letter of intent for $150M to support Botswana's NexMetals• US eyes battery-grade nickel sulphates and cobalt from...
Ashenda is a vibrant traditional festival celebrated primarily in northern Ethiopia, particularly among the Tigray and Amhara communities, as well as in...
The Emerald Sea is a vast turquoise lagoon located in the northern part of Madagascar, just a few kilometers from the town of Antsiranana (formerly Diego...