Ebury and dLocal Team Up to Enhance Cross-Border Transactions, Empowering Businesses in African Markets

Ebury and dLocal have forged a strategic partnership to enhance global transactions, particularly in African markets. This collaboration integrates dLocal's advanced payment solutions into Ebury's services, promising enhanced efficiency, cost-effectiveness, and seamless processes for international businesses. Ebury aims to optimize pay-ins and payouts in African marketplaces through dLocal's technology, fostering transparency and empowering clients for global expansion.

Ebury and dLocal Forge Strategic Alliance to Enhance Cross-Border Transactions, Empowering Businesses in African Markets

London, United Kingdom and Montevideo, Uruguay - March 28, 2024 - Ebury, a leading global financial services provider, and dLocal, a preeminent cross-border payment platform specializing in high-growth markets, have announced a strategic partnership to bolster Ebury's capabilities in facilitating international transactions, particularly within African markets.

This collaboration is expected to revolutionize Ebury's cross-border commerce division by leveraging dLocal's extensive experience and cutting-edge payment technologies. By integrating dLocal's technology, Ebury aims to optimize pay-ins and payouts across African marketplaces, streamlining processes and ensuring transparency throughout the transaction lifecycle.

Addressing the Challenges of Cross-Border Payments

Highlighting the significance of transparency and reliability in cross-border payments, Joe Kemsley, Head of Product Strategy at Ebury, expressed optimism that this partnership with dLocal will empower Ebury and its clients to overcome the complexities of conducting business in developing nations.

Empowering Clients for Global Expansion

Ebury's comprehensive suite of financial services caters to the diverse needs of businesses engaged in international trade. With a global presence in over 25 countries, Ebury is committed to providing its clients with the means to access Africa's dynamic markets with greater assurance, efficiency, and economy.

Leveraging dLocal's Expertise in Emerging Markets

Agustin Botta, Head of EMEA at dLocal, emphasized the importance of adapting to the evolving global payments landscape. He highlighted dLocal's commitment to empowering businesses in emerging markets by leveraging its extensive banking network to provide liquidity and competitive rates, enabling seamless expansion with confidence and ease.

Facilitating Expansion into Emerging Economies

This strategic alliance follows Ebury's acquisition of Prime Financial Markets in 2023, consolidating its position as a leader in simplifying international trade for businesses. By harnessing dLocal's extensive network and expertise in emerging markets, Ebury aims to provide its clients with unparalleled access to liquidity and competitive rates, unlocking seamless expansion into regions with immense growth potential.

Seamless Cross-Border Transactions

Integrating dLocal's technology into Ebury's platform promises to streamline cross-border transactions, offering clients greater visibility, control, and reliability throughout the payment process. With a focus on transparency and user experience, Ebury and dLocal are poised to set a new standard for cross-border commerce, revolutionizing how businesses navigate international transactions.