Traditional cross-border payment systems rely on correspondent banking networks, which are slow, expensive, and expose financial institutions to counterparty risk. These legacy systems require pre-funding accounts in multiple currencies and reconciliation processes, increasing operational overhead and capital costs.

Centiglobe offers a decentralized payment platform that leverages distributed ledger technology (DLT) and tokenized deposits to enable instant, secure, and transparent cross-border transactions. The platform eliminates the need for correspondent banking by providing direct access to global markets and local currencies through a single API integration. By tokenizing deposits, Centiglobe reduces counterparty risk and enables real-time settlement, improving capital efficiency and reducing operational costs for banks and financial institutions. The platform facilitates both predictable global payments and smart conditioned payments through smart contracts, enabling new payment services and conditioned payments.

DLT-based platform for instant and secure cross-border payments

Tokenized deposits for reduced counterparty risk and real-time settlement

Single API integration for access to a global network of payment providers

Smart contract functionality for conditioned payments

Elimination of correspondent banking and pre-funding requirements

Automated reconciliation processes

Support for multiple currencies and local payment systems

Integration with existing banking infrastructure

Centiglobe targets banks, financial institutions, and payment service providers seeking to modernize their cross-border payment infrastructure, reduce costs, and access new markets.

Centiglobe generates revenue through membership fees from financial institutions joining the payment network and transaction fees based on payment volume.