Newsroom

Calendar Centiglobe

31.05 - 01.06

Wien

We will be attending EBA-day

07.06 - 09.06

Amsterdam

We will be attending Money20/20

2022-05-16 Event

Meet us in London

Centiglobe with team; Petter, Mikael and Isak, will be in London from 17th to 20th of May.
Petter, our CEO, will talk at the ePAY SUMMIT Europe on the 19th of May, about Distributed Ledger Technology: "The answer for cross border payments."

If you are interested and want to know more about Centiglobe and our services. You can schedule a meeting with us during those days. Reach out to us at info@centiglobe.com
 

2022-05-11 Article

Blockchain-kartläggning: Här är 19 svenska bolag som bygger web3 (siffrorna, investerarna och planerna framöver)

 

 

Ett företag gör redan en vinst på 450 miljoner. Ett annat har precis startat och vill sälja digital NFT-konst. Ett tredje vill utmana världens största fotbollsspel – och gör det med 180 miljoner kronor i ryggen från Sveriges främsta investerare.

Det är bara 3 av totalt 19 svenska blockchain-bolag som Breakit nu har identifierat, analyserat och granskat i en stor kartläggning av det kanske hetaste (men också krångligaste?) tech-segmentet just nu.

Siffrorna, ägarna, investerarna, framtidsplanerna och våra analyser – här är vår kartläggning av NFT, Web3 och blockchain-Sverige.

Läs mer här

2022-04-21 Event

Excited to announce that Petter Sandgren will speak at epay Europe London

Speaker Announcement - ePay Europe

 

Petter joins ePay Europe in London the 19th of May to talk about Distributed Ledger Technology: The answer for cross border.

Petter has 20 years of experience in the financial industry in various roles and geographies, including Singapore
and Sao Paulo, Brazil. 

He has spent 15 years focusing on Emerging Market investing and trading in various asset classes. Extensive experience covering a broad range of clients from MNC’s to large financial institutions. He has previously held different senior management roles at Swedish Bank SEB, including Head of Markets Asia and Head of Emerging Markets. Read more

2022-04-20 Event

We are delighted to announce that Centiglobe has joined ePay Europe as a Community Partner Sponsor and will be with us live in London on 19 May.

Centiglobe's decentralised platform allows Financial Service Providers (FSP) to improve cross-border payments services for their clients. They enable instant, efficient and secure global payments, allowing the FSP to concentrate all liquidity into one digital account, secured by collateral with a 3rd party global bank. Read more

A huge  WELCOME to Centiglobe who join us live in London at epay Europe 2022 

2022-04-11 Event

Centiglobe will attend Stockholm Fintech Week the
19-22 of April. If you are interested and want to know more about Centiglobe and our services. You can schedule a meeting with us during the week. Reach out to us at info@centiglobe.com

Meet us at Sthlm Fintech Week

2022-04-04 

Centiglobe, represented by CEO Petter Sandgren and Board Member Peter Dahlgren, in Hanoi launching our JV with our partners 6G Digital represented by Chairman M A Zaman, CEO Conny Karlsson and SVP Roger Leitner. Vietnam will be the first market in the region where we will jointly launch our platform followed by other countries in SEA. Many thanks to the team at 6G Digital and looking forward to a successful partnership.   

Launching our JV with 6G Digital in Hanoi

2022-03-24 Event

We had many great meetings during the Nordic Fintech Summit and got a lot of valuable insights during the sessions, and we met many amazing people!

 

We are happy to see that our product offering stands out and to see that it brings value to many within the financial ecosystem. This makes us very excited for the journey ahead!

 

Now we look forward to continuing to build our relationships and together, build a better and more efficient global payment system for the financial industry.

Thank you Helsinki and Nordic Fintech Summit for a great event!

2022-03-17 Event

Centiglobes VD Petter är inbjuden att tala på Breakits seminarium ”Future of Transactions 2022”. Ett nytt fintech-event med det senaste inom betalningar och transaktioner. Han kommer tala om ”Att bygga ett globalt Swish med blockchain – floppar och framgångar”. Han ser fram emot att träffa er där!

Eventet är den 4e maj kl. 13.00-18.00. Petter kommer tala kl 15.25.

 

Läs mer här

Petter talar på FUTURE OF TRANSACTIONS

2022-03-04 Event

Centiglobe will be in Helsinki the 24th of March to attend Nordic Fintech Summit 2022.
If you are interested and want to know more about Centiglobe and our services, you can schedule a meeting with us on the 24th or 25th of March. Reach out to us at info@centiglobe.com

Meet us at NORDIC FINTECH SUMMIT

2022-02-21 Article

Centiglobe öppnar för realtidsbetalningar i Sydostasien

Idag meddelar Centiglobe, ett svenskt fintech som erbjuder globala betalningar i realtid med hjälp av blockkedjeteknik, att företaget ingår i ett nytt strategiskt partnerskap med 6G Digital, en ledande leverantör av betaltjänster i Sydostasien.

Partnerskapet möjliggör för första gången realtidsbetalningar mellan Norden, Europa och Sydostasien vilket idag kan ta upp till flera dagar och till höga kostnader.

Läs mer här

2022-02-21 Article

Centiglobe öppnar för realtidsbetalningar i Sydostasien

 

"Centiglobe, ett svenskt fintech som erbjuder globala betalningar i realtid med hjälp av blockkedjeteknik,  ingår i ett nytt strategiskt partnerskap med 6G Digital, leverantör av betaltjänster i Sydostasien.

Partnerskapet möjliggör realtidsbetalningar mellan Norden, Europa och Sydostasien. Det framgår av ett pressmeddelande.

Med hjälp av Centiglobes blockkedjeteknik kan nu företag och finansiella institutioner genomföra realtidsbetalningar, likt ett globalt Swish för företag och banker över hela världen. Detta har stor inverkan på hur företag arbetar globalt med sin likviditet och skapar helt nya förutsättningar för global cash management, enligt Centiglobe."

Läs mer här

2022-02-21 Article

Centiglobe fixar snabba cash till företag – får in 50 miljoner till “globalt Swish”



" Svenska uppstickaren Centiglobe har målet att bygga ett “globalt Swish” för företag. Bakom idén ligger ett KTH-projekt där man skapat en egen blockkedja designad för att effektivisera dagens utlandsbetalningar.

“I dag kan det ta tre dagar för ett företag att skicka över pengar till ett utländskt dotterbolag. Med vår teknik går det på en millisekund och till en bråkdel av kostnaden”, säger Centiglobes vd Petter Sandgren."

Läs mer här

2022-02-21 Article

15 heta startups inom betalningar – intäkter, kundlista och deras plan för att vinna



Första vågen av digitala betalbolag löste e-handeln.
Nästa generation vill fixa helt andra problem – allt från bilköp till utbetalningar från försäkringsbolag och billigare valutaväxling.

I Breakits kartläggning av Olle Aronsson får du:

• Bolagens intäkter och resultat för 2021
• Kundlista – vem jobbar med vem?
• Förklaring av affärsmodellen i samtliga 15 företag
• Breakits egen mini-analys på alla startups

“Transaktionsavgiften pressas nedåt hela tiden. Nu måste man tänka annorlunda”

Från artikeln om Centiglobe

"Potential: Om det lyckas är möjligheterna så pass enorma att de är svåra att överblicka. "

Läs mer här

2022-02-21 Pressrelease

Centiglobe enters strategic partnership with 6G Digital, enabling instant cross-border payments between Europe and South Asia

Centiglobe today announced that it has entered into a strategic partnership with 6G Digital, a payments and related services provider, whose technology platform  enables digital transformation in fast emerging economies in South Asia and elsewhere.

The aim of the strategic partnership is to utilize Centiglobe’s platform within 6G Digital’s ecosystem to offer instant cost-effective cross-border payment solutions in the region. In addition, the strategic partnership will work with national governments to develop and implement secure and stable national digital currencies using Centiglobe’s proprietary distributed ledger technology and 6G Digital’s unique network of partnerships with national governments.
 

Centiglobe is a financial infrastructure provider with a technology platform that enables financial institutions and international corporations to execute instant global payments across countries, continents and currencies.

6G Digital’s ecosystem consists of secure low-cost remittance and payment services, with wallet, digital banking and other features offered in partnership with national governments to provide cost-effective banking to foster financial inclusion, transparency and a unique payment experience on a national scale. 6G Digital focuses on helping emerging markets governments to transform their analog economies into digital economies. 6G Digital currently provides services from Europe to selected South Asian markets, including Vietnam. 

Petter Sandgren (CEO), Centiglobe, said

“We are excited about the partnership with 6G Digital. This takes us further on the journey of developing the financial industry, but also gives us access to many interesting and fast developing markets through 6G Digital’s unique operating model. We are grateful for the trust 6G Digital has given us and I believe the partnership will be beneficial to both parties.”


Mr. MA Zaman, (Chairman), 6G Digital, said:

“We have seen the huge impact of Nordic innovation on the development of financial technology in recent years. I am confident that Centiglobe’s technology will add value to our existing services and benefit our current clients in the fast-growing regions in which we operated. We are excited to partner with Centiglobe, one of Sweden’s most promising emerging technology companies and assisting their technology to scale in South Asia and elsewhere”.

 

For further information, please contact:

Petter Sandgren, CEO, Centiglobe: Email  petter.sandgren@centiglobe.com


Mr. MA Zaman, CEO, 6G Digital International: Email chairman@6gdigital.cloud

2022-02-21 Pressrelease

Centiglobe ingår ett strategiskt partnerskap med 6G Digital för att möjliggöra realtidsbetalningar mellan Norden, EU och Sydostasien.

Centiglobe annonserar idag att man ingått ett strategiskt partnerskap med 6G Digital, ett betalinstitut och tjänsteleverantör, vars tekniska plattform möjliggör digital transformation för snabbt växande ekonomier i Sydostasien.

Målet med partnerskapet är att integrera Centiglobes infrastruktur i 6G Digitals ecosystem för att möjliggöra kostnadseffektiva realtidsbetalningar i regionen.

Partnerskapet innefattar även ett samarbete med lokala myndigheter för att utveckla och implementera digitala centralbankspengar, likt Sveriges E-krona (CBDCs). Utvecklingen baseras på Centiglobes teknik inom blockchain och 6G Digitals existerande nätverk och partnerskap med lokala myndigheter.

 

Centiglobe är ett svenskt fintech bolag med en teknisk infrastruktur, baserad på blockchain teknik, som möjliggör för finansiella institut och multinationella företag att genomföra globala realtidsbetalningar, likt ett globalt Swish för banker.

6G Digital’s ekosystem består idag av digitala banktjänster, betallösningar och digitala plånböcker. 6G Digitals mål är att främja finansiell inkludering, transparens och betalningsmöjligheter. 6G Digital fokuserar även på att hjälpa myndigheter i utvecklingsländer att transformeras från en analog till en digital ekonomi. 6G digital är i dagsläget aktiva i Europa och Sydostasien, med fokus på Vietnam. 

Petter Sandgren (VD), Centiglobe:

“Vi är glada att få den här möjligheten tillsammans med 6G Digital. Detta strategiska partnerskap tar oss ett steg längre på vår resa att i grunden förändra globala betalningar samt en öppning till ett flertal intressanta marknader. Vi är tacksamma för förtroendet från 6G Digital och ser med tillförsikt fram mot samarbetet”.

Mr. MA Zaman, (Chairman), 6G Digital:

“Vi har sett inverkan av nordisk innovation på de finansiella marknaderna de senaste åren. Jag är övertygad att Centiglobes teknologi kommer tillföra värde till våra existerande affärsområden och de snabbväxande regioner där vi arbetar. Vi ser fram emot partnerskap med Centiglobe, en av Sveriges mest lovande “emerging tech” bolag och ser fram mot att skala deras teknologi i Asien.”

För mer information, vänligen kontakta
 

Petter Sandgren, CEO, Centiglobe: Email  petter.sandgren@centiglobe.com


Mr. MA Zaman, Styrelseordförande, 6G Digital International: Email chairman@6gdigital.cloud

 2021-12-10 Newsletter

Update on Centiglobe

The last few months have been eventful months for Centiglobe. Among other things we participated in Money 20/20 in Amsterdam and have been very active with clients in different segments such as PSP’s, Banks and Corporate Treasuries. Worth mentioning are interesting dialogues with PSPs in China and HongKong that will enable us to offer real time payments between EU and Asia in real time. This will bring a lot of value to payment corridors that are currently complex, expensive and slow.  

 

During the period we have also been very fortunate in closing our second seed-round with VC firm Confidus Capital as well as other investors. The investments will exceed EUR 5mio over the investment period. For this purpose Centiglobe has called an Extraordinary General Assembly on November 10th. 

 

Finally we are very happy to welcome David Karlbom as Senior Software Engineer. David joins us from Comsol and will be a great contribution as we further build our platform and business. 

 

Petter Sandgren

CEO Centiglobe

 2021-12-05 Newsletter

Centiglobe Insights - How will DLT affect corporate global cash management?

In this edition we take a look at corporate liquidity management and how distributed ledger technology (DLT) can improve global cash management in the future.

Read more

This is our first newsletter that will be sent out on a quarterly basis. The purpose of the newsletter is to give insights on important trends in our industry as well as thoughts on the future. It will also include an update on Centiglobe and our current activities.

 2021-11-12 News

Centiglobe is hiring a Cash Management Sales for the next generation of payments

Distributed Ledger Technology is about to change how financial markets operate. New decentralized solutions will challenge current legacy systems and open up for new and improved ways to manage liquidity. This is the case not least for cross-border payments that still are slow and expensive and where Blockchain can make a significant impact.  

Centiglobe is in the midst of this transformation and we have a strong conviction that our technology can play an important part. Our mission is to improve today's payment system by integrating new technology into the old world making it better for everyone.  

 

Do you want to be part of this journey and add your contribution to the new landscape that is about to emerge? 

Read more

#Fintech # Centiglobe #Globalpayments #Paymentsofthefuture

 2021-10-25 Event

Last week our CEO Petter Sandgren talked at Redeye FinTech day. With 728 viewers on the broadcast, we also want you to be able to see his contribution. 

 

The comment from Redeye was:

“It was probably one of the most interesting events we have hosted ever.” 

 

Here you can watch Petters presentation

#Fintech # Centiglobe #Globalpayments #Paymentsofthefuture

Petter at Redeye Fintech day!

 2021-10-18 News

Welcome David Karlbom!

We are continuously building our team with great people and today we are happy to announce a new colleague, David Karlbom. He has a Master Degree in Computer Science and has spent his past 5 years as a software developer at COMSOL, and before that at Bream IO as Founder and software developer where he developed eye tracking software that changed the way gamers play, broadcast and experience games. 

 

We are excited that we have the opportunity to attract such a competent player and warmly welcome him to Centiglobe.

 

#Fintech #Cloudnative #Java #Blockchain #Deeptech #Greatplacetowork

 

 2021-10-14 Event

Centiglobe will speak at Redeye FinTech Day.

Centiglobes CEO Petter Sandgren is invited to speak at Redeye FinTech Day to present Centiglobe for their Investor Network.

We look forward to the event, and to many interesting discussions around FinTech and what drives the industry in regarding market development, technology, the regulatory landscape and risks.

 

Looking forward to meeting you there!

 

The event will be a live broadcast the 20th of October 9.00 - 15.05.

 

“Financial services powered by technology or shortened to FinTech is one of the most exciting areas where digitalization will affect most of the world’s population. A conservative sector that high barriers of entry have protected because of capital and compliance rules”

#Fintech #Centiglobe #Redeye #DLT #globalpayments #crossborderpayments

 

Read More

 

Crowfundinsider 
Read more
 

Newsbreak
Read more

 2021-10-12 Article

We are happy that so many picked up our news....

Dailyadvent
Read more
 

Nordic9
Read more
 

IQ Stock Market
Read More

Thank you Amsterdam and Money 20/20 for a great event!

Great that we at last got the opportunity to meet in Real Life after 1,5 years of Covid-19. We had many great meetings, a lot of insightful sessions and met so many amazing people.

We are very happy to see that our product offering stands out and to see that it brings value to many within the financial industry. This makes us very excited for the journey ahead.

 

Now we look forward to continuing to build our relations with you and together build a better and more efficient global payment system for the financial industry.

Event  2021-10-04

Press release  2021-10-01

Confidus Venture Capital invests in Centiglobe, an Instant Global Payment platform

Confidus Venture Capital today announced that it has concluded an agreement to acquire an equity stake in Centiglobe, a Stockholm based Fintech company offering an Instant Global Payment platform. Peter Dahlgren will join the Board of Directors. The total investment will exceed EUR 5mio over the investment period. 
 

Centiglobe is an Instant Global Payment provider with a technology platform that enables financial institutions and international corporations to execute instant global payments across countries, continents and currencies. Centiglobe’s DLT based platform has the potential to disrupt the international payments industry as well as the corporate treasury liquidity management of today.  


Henrik Gradin (Founder), Centiglobe, said:

“We are excited to have Confidus Venture Capital join us on our journey of  developing the financial industry, offering instant global payments and automating payment processes. We are grateful to have Peter join the board. His experience from the financial sector including roles such as the CEO of Nordnet and Executive Board member at SEB will bring very valuable perspectives to automation and the financial industry which will be beneficial to us.”


Petter Sandgren (CEO), Centiglobe, said:
“-Centiglobe will be using this infusion of funds from Confidus and other Angel Investors to invest further into its R&D capabilities to enhance the Centiglobe platform, secure patents as well as to further ramp up the sales and delivery capabilities in order to disrupt the international payments and treasury space”.


Confidus focuses on realizing long-term exponential growth in unique companies like Centiglobe, and raises its capital from experienced business people in control of their own funds.


Peter Dahlgren, Co-Founder, Confidus said:

“The philosophy of Confidus is to invest in companies with a disruptive capability that are underpinned by the megatrends of digitalisation and automation. We invest in high value and exclusive companies that we can help build together with the management team. The international payments and treasury space will become disrupted by players enabling instant, cost-effective transfers. We have been very impressed with the Centiglobe platform and the payment automation services that the Centiglobe team is building. This is very core to the changes that the payments and treasuries industries will be going through, and we are excited to be a part of this journey with a very talented management team.”

 

Centiglobe

Centiglobe is a FinTech company incorporated in Stockholm, Sweden. The Centiglobe platform offers a single infrastructure that delivers frictionless instant payments in a multi-currency environment. The platform offers a decentralized, global solution that eliminates the need of the many intermediaries and that gives banks, financial institutions and businesses the possibility to send and receive payments globally. Instantly and directly between each other at a fraction of the cost compared to current solutions.
 

Confidus Venture Capital

Confidus is a niche Venture Capital firm based out of Stockholm, Sweden focused on investing in innovative and disruptive companies driving transformational automation across industries. With a very exclusive approach, Confidus works alongside founders and management teams of businesses that combine long-term transformational potential with solid short-term impact. With a strong focus on business fundamentals, we help our portfolio companies accelerate growth and realise their full potential.

 

For further information, please contact:

Petter Sandgren, CEO, Centiglobe : Email  petter.sandgren@centiglobe.com


Peter Dahlgren, Founding Partner, Confidus Venture Capital : Email peter@confidus.com


Erlend Reitan, Founding Partner, Confidus Venture Capital : Email erlend@confidus.com

Event 2021-09-20

Centiglobe brings values beyond Instant Global Payments

Meet us at Money 2020 in Amsterdam!

Join the Centiglobe Network with many benefits to you and your clients. Meet us in Amsterdam at Money2020 and we will tell you all about how you integrate state of the art DLT into your cross-border payments.

Be smart, stay ahead with Centiglobe!

Event 2021-09-09

Money2020 Europe (2).png

We will be in Amsterdam to attend Money2020 the 21- 23 September. Do you have any issues concerning your global payment needs? Let's meet and we will be happy to tell you how to improve your revenue streams, reducing your cost of capital, and all the other benefits of joining the Centiglobe network. 

 

Contact us at info@centiglobe.com

Do you want to find better solutions for your global payments?

Event 2021-09-02

BeFunky-photo.jpg

We are happy to announce that we have been nominated to participate in 2 categories at Nordic Startup Awards, as Startup of the year in Sweden for the 2021 and Best Newcomer in Sweden for the 2021.

Global Startup Awards is the largest independent Startup Ecosystem Competition. https://www.globalstartupawards.com/#gsa

Centiglobe nominated in 2 categories at Nordic Startup Awards

Press release 2021-07-01

PEtter.jpeg

New CEO in Centiglobe - Centiglobe has appointed Petter Sandgren as new CEO. Petter will succeed Henrik Gradin who takes on the role as Chief Strategy Officer.

Centiglobe Technologies is an innovative fintech company offering a blockchain based platform enabling cross-border payments in real-time.

Henrik Gradin

- I am proud of how Centiglobe has evolved and been able to create a cutting edge blockchain technology that enables international payments in real time. We now take the next step in commercialization and it is a good time for new leadership. This gives me the opportunity to spend more time with strategy and business development to further develop the Centiglobe platform and to ensure Centiglobe stays in the forefront.

 

Petter has worked in the company for more than 1 year and is now taking the step to become CEO. He has an impressive experience and knowledge in banking, foreign exchange and payments as well as experience in leading teams internationally. We see him as a fantastic asset in our commercialization phase.

 

Petter

- It will be very exciting to, together with my colleagues, have the opportunity to contribute to Centiglobe's growth. I am thankful for the opportunity to lead this company. Together we will do our best to create value for customers and to challenge the industry in global payments. We have already signed our first agreements and soon we will have our first transactions in place. Work is now beginning on intensifying  commercialization.

 

Petter has over 20 years of experience in the financial industry in different senior management roles at the Swedish Bank SEB, including Head of Markets Asia, Head of Emerging Markets Trading and Head Investor Services Sales. Petter also has experience as an investor and Board Member in different Fintech start-ups in Emerging Markets. We are looking forward to working together with Petter to continue to build Centiglobe as one of the leaders of instant global payments. #centiglobe #fintech  #instantpayments  #openbanking #payments

Event 2021-03-30

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Centiglobe joins ISO20022 hackaton

Centiglobe also in regard to the ISO20022 hackaton announced first open source library for decentralized messaging.

Last week Centiglobe participated in the ISO 20022 Hackathon "A Global hackathon to improve cross-border payments by using ISO 20022 and APIs" arranged by BIS and SWIFT. Our contribution was how decentralized messaging of ISO 20022 could improve cross border payments, find our contribution at our Youtube channel #centiglobe and join our first open-sourced repository!

Find our repository here: https://github.com/centiglobe/decentralized-ISO20022

Article 2020-12-11

Henrik_Gradin_Jonas_Lantton_Centiglobe.j

P27-utmanaren Centiglobe sjösätter multi-valutaplattform 2021

Centiglobe planerar att, i början av 2021, sjösätta det blockkedjeteknikbaserade multi-valuta-betalningssystem som bolaget utvecklat. Med lanseringen i sikte pågår arbetet med en kapitalrunda för fullt, säger Dr. Henrik Gradin, grundare och vd i Centiglobe, till Realtid.

Hittills har Centiglobe genomfört en rad proof-of-concept mot olika wallets och med testtransaktioner. Nästa år börjar bolaget med riktiga transaktioner och satsar på en exponentiellt tillväxt. Idag omsätts tusentals miljarder genom CLS FX settlements varje dag, en liten andel av det kan redan skapa stora intäkter.

Read more

Event 2020-11-24

EBAday.jfif

Centiglobe joins EBAdays 2020 Fintech Zone 

Centiglobe announced as one of the Fintechs to be featured at EBAday 2020.

EBAday is the yearly conference of the Euro Banking Association, aiming to create dialog within thought leadership regarding innovation, regulatory implementations, and share experience amongst payments industry practitioners towards a pan-European vision for payments.

Interview 2020-06-04

Cross-border payments - The road to profitability for European mobile wallets?

Many mobile wallets in Europe are struggling with profitability. Incumbent banks and card companies still maintain a dominant position in B2C and in P2P payments margins are slim.

The cross-border payments market is still largely untapped by wallets despite high profitability both in B2C and P2P. Wallets are hesitant to enter the market due to concerns about risks related to AML and also a lack of capital to pre-fund accounts. These concerns can be mitigated by using the latest available technology in cross-border payments, opening up the road to profitability for European wallets. 

Read more

Interview 2020-05-10

Framtidens betalningar på blockchain med Henrik Gradin från Centiglobe

Henrik Gradin is the founder at Swedish Fintech and Blockchain payment company Centiglobe

The future of financial transactions are changing. Listen to Henrik talking about the future of payments and the need of interoperability to providers.

Listen on the podcast

Event 2020-05-12

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Henrik Gradin joining the Panel Discussion at STHLM Fintech Weeks decentralized finance track. 

Henrik Gradin at STHLM FINTECH WEEK 2020

News Article 2019-11-18

Light your fire. PwC and Findec in an exciting new partnership.

Centiglobe part of the first Bonfire cohort

The future of the financial eco-system is in our hands. Therefore, PwC and Findec have combined forces and started an accelerator program for young start-ups within Fintech Regtech and Insurtech. The Bonfire. Here you will build the foundation needed for your future growth. Get access to valuable expertise and coaching tailored to your needs. Together we spark more successful stories on the Swedish fintech- scene.

Read more

Pressrelease 2019-10-30

Centiglobe builds infrastructure for global payments - First up, Bangladesh

Global payments in real-time with close to 90% lower cost.

 

Stockholm-based fintech startup Centiglobe is building a global payment infrastructure, with instant clearing between banks and mobile wallets. The project is made in collaboration with local actors and some of the major banks in Bangladesh. The first live transaction was successfully executed on September 13 this year.

 

“Right now, we want to help banks streamline internal transactions so we in the future also could help the people depending on remittance services to retain more of today's high fees. This is a big thing for guest workers who send money home to their families” says Martin Edward, who leads the project with Centiglobe in Bangladesh.

 

Centiglobe's vision is to change the global payment market with the help of new technology that streamlines international payments. Through a joint-research collaboration project with professors and other faculty from Stockholm School of Economics and The Royal Institute of Technology, the new solution allows costs to be reduced by close to 90 percent for international transactions and for the transactions to be made in real-time.

Centiglobe was founded in 2017 and builds the underlying infrastructure for international transactions. The company is now integrating the infrastructure in Bangladesh. A demo for international transactions between Swish in Sweden and a mobile-wallet player in Bangladesh was conducted successfully, and the first live transactions were successfully completed on September 13 this year.

 

“Our goal is to deliver a global infrastructure that enables faster, cheaper and more secure cross-border payments. In Bangladesh, there is a great need for real-time payments between different actors. Bangladesh is an interesting market where we can help the local actors, especially now that larger global companies in the payment-arena are starting to enter the market”, says Henrik Gradin, CEO and founder of Centiglobe.

 

In short, Centiglobe is developing a real-time clearing and transaction system where currency conversion is done automatically in the system. The system is based on a decentralized database that enables a higher level of transparency and traceability of transactions. This week Centiglobe was announced one of five Swedish startups selected to PwC and Findec new accelerator program, The Bonfire.

 

For questions:

info@centiglobe.com

Embassy House, Linnégatan 89C, 112 30 Stockholm

www.centiglobe.com

News Article 2019-10-29

Svensk startup vill utmana Ripple – tar in sex miljoner kronor i riskkapital

Genom snabba internationella betalningar och lägre kostnader vill nu svenska startupen Centiglobe göra världens penninghandel mer demokratisk.
 

Att skicka pengar internationellt kan i dag ta upp till tre dagar, bland annat på grund av de många mellanhänder som finns.

Det här är något som den svenska startupen Centiglobe vill ändra på. Deras affärsidé är att göra betalningar och pengaöverföringar enklare, billigare och snabbare.

Read more

News Article 2019-10-29

Svensk startup vill bli världens nav för transaktioner

Svensk startup vill bli världens nav för transaktioner

Sekundsnabba överföringar för internationella betalningar. Och sänkta kostnader med upp till 90 procent. Svenska Centiglobe vill demokratisera världens penninghandel.

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