Bamboo and Centiglobe partner on D+0/D+1 cross-border payments to and from Latin America

Payments High Risk

Bamboo and Centiglobe have announced a strategic partnership aimed at simplifying cross-border B2B and B2C payins and payouts across LATAM. For PSPs and financial institutions, the practical value is straightforward: one integration into Bamboo’s local network instead of building and maintaining multiple local entities and payment connections market by market.

  1. Centiglobe’s network members, financial institutions, and global PSP clients can use Bamboo’s local banking and payment network to operate in Latin America through a single entry point. The pitch here is not theory; it is fewer local integrations, fewer counterparties, and less operational overhead in a region where payment rails are fragmented by design.
  2. The partnership is built to improve settlement speed. Bamboo says the collaboration enables settlement timelines typically within D+0 or D+1, depending on the specific flow and market. For cross-border payment teams, that is the sort of timing that directly affects liquidity management and payout reliability.
  3. Centiglobe’s infrastructure is based on distributed ledger technology and bank-agnostic tokenized deposits, which it says allows cross-border payments to be executed without intermediaries. In practice, Bamboo acts as the last-mile provider, handling compliant and efficient fund distribution across the region.
  4. Gregory Cornwell, Chief of Revenue at Bamboo, said the partnership gives financial institutions and PSPs access to Latin America through a single integration, combining Centiglobe’s global network with Bamboo’s local execution capabilities. Petter Sandgren, CEO of Centiglobe, said the model is designed to provide greater capital efficiency, more predictable payment flows, and a structure aligned with evolving regulatory expectations.
  5. For high-risk operators and their payment partners, the main takeaway is the operating model: direct access to major Latin American markets, faster payouts, reduced dependency on multiple local providers, and end-to-end visibility on cross-border flows backed by Bamboo’s regulatory expertise in the region.

The thing with Latin America is that “cross-border” often means “many local realities pretending to be one region.” A setup that combines global network access with a local execution layer is exactly the kind of plumbing PSPs look at when they want to enter or expand in LATAM without building a separate stack for every market.

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