Ebury and dLocal have joined forces to enhance global transactions and improve efficiency, particularly in African markets. By integrating dLocal’s advanced payment solutions into Ebury’s services, businesses can benefit from streamlined processes and cost-effectiveness.
The partnership between Ebury, a global financial services firm, and dLocal, a leading cross-border payment platform, aims to strengthen Ebury’s capabilities in facilitating international transactions, with a specific focus on African markets. The collaboration ensures seamless access and efficient processes for Ebury’s clients.
This collaboration between dLocal and Ebury in Africa marks an expansion for Ebury, which has recently acquired Bexs and signed with Nium. The partnership also highlights the convergence of two Ripple-partnered platforms, with dLocal being part of the RippleNet network and Ebury’s acquisition of Bexs, which utilizes Ripple’s On-Demand Liquidity (ODL). It is evident that Ebury is actively expanding its reach and services in the global financial market.
By leveraging dLocal’s experience and cutting-edge payment technologies, the partnership is set to transform Ebury’s cross-border commerce division. The integration of dLocal’s technology will optimize pay-ins and payouts in African marketplaces, ensuring streamlined procedures and transparency throughout the transaction lifecycle.
Joe Kemsley, Head of Product Strategy at Ebury, acknowledges the challenges of cross-border payments in developing nations. However, he remains optimistic that the collaboration with dLocal will enable Ebury and its clients to overcome these obstacles and achieve transparency and dependability in their transactions.
Ebury aims to empower its customers and facilitate their entry into Africa’s dynamic markets with greater assurance, efficiency, and cost-effectiveness. With a wide range of financial services tailored to meet the demands of enterprises involved in international trade, Ebury is dedicated to supporting its clients’ global expansion.
Agustin Botta, Head of EMEA at dLocal, emphasizes the importance of adapting to the evolving global payments landscape. He highlights dLocal’s commitment to empowering businesses to thrive in emerging markets by leveraging its extensive banking network to provide liquidity and competitive rates. This support enables businesses to expand with confidence and ease.
This strategic alliance follows Ebury’s acquisition of Prime Financial Markets in 2023, further solidifying its position as a leader in simplifying international trade for businesses. By leveraging dLocal’s network and expertise in emerging markets, Ebury aims to provide its clients with unparalleled access to liquidity and competitive rates, facilitating seamless expansion into regions with significant growth potential.
The integration of 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.
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