Posted September 21, 2021
Global fintech firm Centtrip, which specializes in expense management and card payment technology, is expanding into the United States, with a particular focus on the music and entertainment industry.
As part of the expansion, Centtrip has opened an office in Miami Beach, Florida, and plans to expand its US based team in the coming months.
The firm, headquartered in London, has over 20,000 clients and users around the world, including music’s top touring acts, best-selling artists, Grammy Awards winners, and world-renowned arts companies.
Founded in 2015, by experts in payments, foreign exchange and technology, Centtrip now processes over $1.3 billion in transactions each year and is experiencing rapid growth across all core markets as they emerge from the pandemic.
Centtrip has supported global tours of artists including The Who and Arctic Monkeys, as well as indie labels [PIAS] and Cooking Vinyl, and world-renowned arts companies like The Royal Opera House.
According to Centtrip, its platform aims to give businesses real-time visibility and control over their expenses and card payments.
Centtrip also says that it’s designed specifically for the needs of “highly mobile organizations”, including those in the music and entertainment industry.
The firm lets business managers and accounting firms to support multiple, independent artist accounts from a single app.
The Centtrip Mastercard, which the company says “offers high balance and transaction limits” is accepted across the United States and worldwide.
Organizations can have as many cards as required, a feature that’s not offered by traditional payment providers.
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