Centiglobe launched Centiglobe Connect, a network-based tokenized deposit system for banks and PSPs to transfer value directly without intermediaries.

Centiglobe is a Swedish fintech building infrastructure for real-time cross-border payments, designed for banks and payment service providers moving beyond traditional correspondent banking. Through Centiglobe Connect, a permissioned, member-based network powered by distributed ledger technology (DLT), financial institutions connect directly. Value is transferred using bank-agnostic deposit tokens, fully backed by fiat – enabling predictable, instant and traceable two-way cross-border payments without intermediaries or scattered prefunding. Unlike stablecoin-based models, tokenized deposits represent bank money and are designed for regulated institutions, combining the efficiency of blockchain-based value transfer with the trust and structure of the banking system. With a single API, members access a global network of partners, services, and markets – achieving global reach, enabling local payment capabilities, and unlocking new revenue streams. By removing the need for scattered prefunding across markets, Centiglobe improves liquidity efficiency, reduces complexity, and optimizes capital use – creating a scalable foundation for global payments that complements existing rails while enabling a new way to transact. Through the single API, members access into a trusted global network of peers to unlock new markets, reduce complexity, and streamline liquidity operations. Centiglobe Connect enables real-time settlement across borders, giving institutions of all sizes the tools to compete globally and future-proof their cross-border payment operations.

Founded 2019