Feature coming soon.

As part of our commitment to AlphaCode, our Product Team is continually working hard on adding exciting new features, along with functional improvements.

Gold Member, Blockchain


The Centbee app is a bitcoin wallet that makes it easy for anyone to send bitcoin to their friends and to pay for goods and services at stores using bitcoin.

Centbee is a payment company specialising in merchant payments, cross-border remittances and other cryptocurrency related services. Founded in late 2016 their stated goal is to "Bring bitcoin to Africa”. Centbee is partners with and funded by leading London-based blockchain R&D company, nChain, who are committed to accelerating the adoption of blockchain technology internationally.

Centbee is comprised of individuals who value honesty, commitment, respect and professionalism. They believe in the power of people to create an abundant future. The team is excited by the potential of bitcoin to enable payments and a sound currency, however are aware of the risks. Centbee strive to prevent abuse of their systems and processes for illegal ends.

They see the opportunity to leverage bitcoin to provide services to a global customer base by providing an intuitive bitcoin wallet. The wallet can be used to send and receive bitcoin easily to friends and family using mobile number send, and to pay real-world merchants. Currently, few merchants accept bitcoin, but Centbee can provide simple and reliable interfaces to allow any merchant to register and receive payment - settled into their bank account in fiat currency. This removes the risk of bitcoin price volatility and leverages the immutability of the blockchain network.

The remittance model uses bitcoin as the 'rails' to make cross-border payments to support family as easily and cheaply as possible. The social importance of this service cannot be overemphasized, and Centbee believes that through providing a commercial service, they are helping people to connect with and provide for their loved ones.

Centbee recognises the need to inform and educate regulators, merchants, media and customers about bitcoin and blockchain. Co-CEO, Lorien Gamaroff, is in high demand at international conferences and private events, where he is able to make anyone an expert in only an hour. The purpose of their educational efforts is to increase awareness of bitcoin, to reduce misconceptions, and to encourage adoption of bitcoin.

Centbee is currently based in Johannesburg, South Africa and has a staff complement of 6.

Lorien Gamaroff, Co-Founder @gamaroff

As South Africa's foremost blockchain expert, Lorien has been invited around the world to speak on digital currencies and distributed ledgers and their benefits for emerging economies. He has addressed the IMF, World Bank, FBI and Commonwealth Secretariat, the South African Reserve Bank, TEDx and a host of banking professionals and attorney generals throughout the world. He offers insight and guidance to business executives and advises government on blockchain technologies and their implications.

Angus Brown, Co-founder @bankingacumen

Angus was the Founder, and later CEO of eBucks. He led the development of the internet banking platform, and later managed the entire business (Loyalty programme, eCommerce and Internet Banking). This business has made a real mark on the SA eCommerce, banking and loyalty landscape. He was the Head of Alliance Banking and Support Services at Mercantile Bank Limited and served as an executive of MMI Holdings and Blue Label Telecoms. With a long history in banking at the highest levels he brings experience and insight into innovative payment businesses like Centbee.

Kagiso Ntshingila, UI/UX Director

Kagiso is a multimedia designer with over 7 years experience in digital and print media. Having worked in the IT, telecoms and printing sectors, he has a range of diverse skills including web development. He has worked on several projects and assisted in the establishment of a number of brands. He enjoys cooking and is a volunteer for Soweto-based NGO's focusing on youth development.

Heidi Patmore, Marketing Consultant

Heidi is a marketing consultant specialising in traditional, digital and social media marketing. In addition to consulting to clients on marketing strategy, she is a speaker, board member, entrepreneur and investor who is passionate about technology that is changing the world and how consumers behave, including cryptocurrencies, artificial intelligence, fintech, virtual reality, drones and the Internet of Things.

Jimmy Nguyen, Director

Jimmy Nguyen joined nChain Group after a 21-year career as an intellectual property and digital technology lawyer. He is also a Certified Information Privacy Professional/U.S. Over the course of his private practice legal career, Jimmy was a partner at three major U.S. law firms – most recently Davis Wright Tremaine LLP. He represented multinational corporates and emerging companies in a wide range of sectors – including technology, entertainment & media, sports, financial services, consumer products, retail, and automotive.

Michael Stannard, Director

Michael Stannard is the Managing Director of Paper Plane, an advisory and ventures firm specialising in rapidly advancing technologies, and a director at the Exponential Africa Institute. Michael is also a Google LaunchPad Mentor, assisting Google with mentorship and Sprints for new businesses. Michael has facilitated numerous programs aimed at bringing large African corporates into the age of exponential technology and disruptive innovation. He is also a leading expert on cryptocurrencies and initial coin offerings and has written and featured in various publications on the application and effect of exponentials.

  • Development of customer-facing applications using bitcoin

  • Understanding of the regulatory framework around payments, and design of solutions that are regulatory compliant and have low operational risk

  • Enablement of merchant payment services to accept bitcoin for payments

Oct 2016 - The two founders met whilst presenting at a conference and immediately saw how their skills complemented each other.

Dec 2016 - Work started on the prototype Centbee Bitcoin wallet

Jun 2017 - The first test payments using real Bitcoin were made to a pilot merchant and across international exchanges to test the remittance model.

Sep 2017 - The first public pitch took place at AlphaCode.

Jan 2018 - nChain invested in Centbee at which stage we hired our first employee - a young Java developer from Soweto.

Jun 2018 - Centbee wallet releases open alpha version on the Google Play Store

Oct 2018 - Centbee launches Beta version of the app and is available for download on Apple’s App Store

Nov 2018 - The Centbee app is available in multiple languages, truly embracing the essence of an international bitcoin cash wallet

Nov 2018 - Centbee’s registered users reach 5000 within 6 weeks of launch

More of our Members

Logo flickswitch logo 500x500
Logo alphacode gold snapbill
Logo logo stockfella 500x500
Logo vizibiliti
Logo alphacode gold nomanini 500
Logo alphacode gold ikhokha
Logo sasasolutions
Logo businessoptics sizing 500x500
Logo stockbox logo
Logo logofitmoney
Logo alphacode platinum brighton  1
Logo taxtim logo
Logo airadvance logo sizing 500x500
Logo airvantage logo sizing 500x500
Logo alphacode gold stockshop 500
Logo wigroup logo 1
Logo e factor logo sizing 500x500 01
Logo alphacode gold prodigyfinance 500
Logo alphacode gold mowallet  1
Logo nobunto logo sizing 500x500
Logo simpligive logo
Logo alphacode gold riovic  1
Logo alphacode partner yoco 500
Logo alphacode gold electrum  1
Logo fosho logo sizing 500x500  1
Logo logo wealth 500x500
Logo finchatbot logo sizing 500x500
Logo alphacode gold zoona 500
Logo fundrr logo
Logo prosperiprop
Logo thisisme
Logo tradesafe logo
Logo alphacode gold emergeanalytics 500
Logo logomobbisurance
Logo maxicash logo  1
Logo wallet doc logo 500x500 black
Logo alphacode diamond merchantcapital 500
Logo alphacode gold snapscan
Logo alphacode gold fincheck 500
Logo slide logo sizing 500x500
Logo alphacode gold lulalend  500
Logo mytreasury 500x500  1
Logo docfox
Logo wicover
Logo selpal logo
Logo everest logo sizing 500x500  1
Logo entersekt
Logo spookfish logo sizing 500x500
Logo franc logo
Logo bankymoon logo
Logo karri logo  1
Logo agrigate
Logo investsure
Logo alphacode gold themoneyschool 500
Logo alphacode gold mamamoney 500
Logo alphacode gold jade  2
Logo jasure logo  1
Logo logo alphacode gold diga 500
Logo alphacode gold bitsure
Logo logo high resolution  1   1
Logo funding hub logo sizing 500x500
Logo rehive logo
Logo arcus
Logo alphacode gold imafin
Logo alphacode gold rainfin 500
Logo logoclick2sure
Logo peachpayments
Logo alphacode gold dataprophet
Logo alphacode gold wax d 500
Logo alphacode platinum isazi 500

Join AlphaCode

Are you ready to take your fintech business to the next level?Join the growing network of fintech disruptors shaping the future of our industry.

  • Green


    Green membership is available to aspiring financial services entrepreneurs, intrapreneurs and service providers.

    • Monthly newsletter with key industry insights, trends and news
    • Access to open networking events hosted at AlphaCode
    Join now
  • Gold


    Our gold membership is open to financial services founders and co­founders with a full-time commitment to their businesses.

    • Access to our co­-working office space in Sandton
    • Business support services
    • Access to exclusive networking events & hosted dinners
    • Acceleration and incubation support
    • Informal mentorship from the RMIH investment team
    • Exclusive applications to competitions and conferences
    • Access to AlphaCode vetted service providers
    • Exposure to commercial opportunities
  • Platinum


    Offered to high­ potential BBBEE businesses that have received enterprise development funding.

    • Free semi­-private office space for 6 months in Sandton
    • Business support services
    • Informal mentorship from the RMIH investment team
    • Access to exclusive networking events & hosted dinners
    • Exclusive applications to competitions and conferences
    • Acceleration and incubation support
    • Access to AlphaCode vetted service providers
    • Exposure to commercial opportunities within and outside the portfolio companies
  • Diamond


    Offered by invitation only to businesses which have received growth capital investment from RMIH.

    • Receive growth capital investment from RMIH
    • Access to a co-­working office space in Sandton
    • Business support services
    • Access to exclusive networking events & hosted dinners
    • Formal mentorship from the RMIH investment team
    • Exclusive applications to competitions
    • Access to AlphaCode vetted service providers
    • Exposure to commercial opportunities within and outside the portfolio companies
    • Exclusive applications to competitions and conferences

Member testimonials

  • Alpha Code is a phenomenal platform to network with next generation fintech players offering leading thought leadership events in a world class environment. Look forward to watching the ecosystem facilitate the next ‘Uber’ of Africa.

    Dov Girnum, CEO Merchant Capital

  • Starting a business is a daunting prospect, especially one that has a focus on an unproven and experimental technology. I have benefitted enormously from the support and wisdom I have received from AlphaCode during my time as a member.

    Lorien Gamaroff, CEO Bankymoon

  • Being located in the heart of Africa's biggest financial services hub, we have gained a lot of credibility through AlphaCode. Our customers trust our brand by association, which results in increased sales of cows.

    Ntuthuko Shezi, CEO Livestock Wealth

  • AlphaCode is without a doubt the premium fintech and startup community in South Africa providing many learning, growth and network opportunities and an environment which adds concrete value to us

    Schalk Nolte, Founder Entersekt

  • Slide is now well on the way to causing significant disruption in the South African fintech sector. We would not have been able to break into the South African market so rapidly without the help provided by AlphaCode.

    Alon Stern, Founder Slide

  • AlphaCode has been instrumental in providing a platform for us to access industry thought leaders, networks, working space, coaching and ultimately the opportunity to pitch to global multi-nationals and secure funding that very few startups get to land in their first year.

    Priya Mistry, Founder CommuScore

  • AlphaCode has been instrumental in the growth of our business. Through the club, we have met many like-minded entrepreneurs and businesses with whom we have formed strategic partnerships. The team is incredibly generous with their time and continue to give us invaluable mentorship and support.

    Annabel Dallamore, CEO StriderTech