Ebury and dLocal come together to offer seamless, transparent payment options for businesses engaging in cross-border trade.
In a strategic move to streamline African cross-border financial dealings, Ebury, a financial services firm, has teamed up with dLocal, a leading payment platform known for its expertise in emerging markets. This collaboration aims to bolster Ebury’s service offerings, allowing for improved transaction efficiency and reliability across the continent.
dLocal and Ebury – Enhanced payment integration
Ebury is set to enhance its operational capabilities in Africa by integrating dLocal’s advanced payment solutions. This integration will facilitate better management of pay-ins and payouts, essential for businesses dealing with complex cross-border commerce.
According to Joe Kemsley, head of product strategy at Ebury, the partnership ensures that transactions are not only dependable but also transparent. “It’s critically important to know where your payment is, how much the fees are before sending it, and to have the assurance that it will arrive on the expected date,” Kemsley explains. “While that may seem straightforward, it’s difficult to ensure dependability and a great experience in emerging markets, but that’s exactly what we’re able to do by partnering with dLocal, and that’s a win for Ebury and our customers.”
Ebury – Expansion into African markets
Following its acquisition of Prime Financial Markets in 2023, Ebury’s latest partnership with dLocal is poised to further empower its clients, enhancing their ability to penetrate vibrant and burgeoning African markets. “As the global payments landscape evolves rapidly, our partnership with Ebury underscores our commitment to empowering businesses to thrive in emerging markets. By leveraging dLocal’s on-ground banking network, we aim to provide Ebury’s clients with liquidity and the most competitive rates, ultimately facilitating their expansion into emerging economies with confidence and ease,” said Agustin Botta, head of EMEA at dLocal.
Impact on Sub-Saharan Africa
The partnership between Ebury and dLocal arrives at a time when Sub-Saharan Africa is experiencing a mobile financial revolution. This region is witnessing significant economic growth and enhanced connectivity, thanks in part to strategic collaborations that help break down barriers and foster economic empowerment. This development is crucial for professionals involved in trade and logistics, offering them new opportunities for efficient commerce and connectivity across the continent.
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