Bamboo and Centiglobe Partner to Accelerate Cross-Border Payments in Latin America
Bamboo joined the Centiglobe network to provide cross-border B2B and B2C pay-ins and payouts across Latin America via Centiglobe Connect. Bamboo combines local payment rails, FX, and settlement into a single integration point for Centiglobe's network members. The arrangement allows financial institutions and payment service providers on the Centiglobe network to reach LATAM markets through Bamboo's local infrastructure.
The membership was disclosed in a Centiglobe member spotlight published on Mar 23, 2025. Financial terms were not disclosed. The deal is functionally adjacent to BaaS, enabling third-party institutions to access local banking-like payment capabilities through an underlying infrastructure layer.
- Lowers barriers for global financial institutions and PSPs seeking LATAM payment access without local entity setup, expanding embedded cross-border payment infrastructure.
- Signals growing demand for BaaS-adjacent infrastructure partnerships that abstract away local banking complexity in emerging markets.