back Back

dLocal expands partnership with Deel to 12 new countries

By Delisha Fernandes

May 17, 2024

  • API
  • Cross Border Payment
  • Dlocal
Share

dLocal, Papaya GlobaldLocal, the cross-border payment platform, has expanded its partnership with Deel, a  global HR and payroll platform that helps businesses scale their remote workforce capabilities.

dLocal and Deel’s significant partnership expansion includes Indonesia, Malaysia, Thailand, and Vietnam in Asia, as well as Ghana, Jordan, Kenya, Morocco, Saudi Arabia, South Africa, Turkey, and United Arab Emirates in the EMEA region.

“Deel has been a major success for us and we couldn’t be happier to enable their expansion across so many high growth markets,” said dLocal Head of EMEA Agustin Botta. “We’re in the business of facilitating growth and opportunities for brands and individuals and the Deel use case is exactly that. We look forward to continuing to work together to turn this opportunity for impact into another powerful case study on the importance of quick, easy and compliant payments.”

In addition to expanding to strategic and high growth markets, dLocal will provide further services such as payout services in Brazil through PIX. The expansion comes after a successful initial deployment across 19 countries in 2022. That first deployment resulted in a multiplying of payment volumes, an industry-leading payment delivery rate of 99.97%, and a meaningful reduction in payment support issues handled by Deel’s customer success team.

Crucially, the initial partnership opened doors for both businesses and employees to coexist and collaborate no matter their geographic location seamlessly, solving compliance and payroll complications. “Not long after we began working with dLocal, we realized the benefits of the partnership in terms of reliability and speed,” said Deel COO Dan Westgarth. “dLocal’s payments experience helped us stand apart and this major expansion to high growth markets is a vote of confidence in the quality of that experience, as well as a testament to the ease of use of having a single API. We’ve been able to expand rapidly when we were ready and on our terms.”

Previous Article

May 17, 2024

Aurionpro & Google team to offer wallet solutions for public transit

Read More
Next Article

May 17, 2024

INSTANDA & UnderwriteMe team to transform life insurance with no-code tech

Read More






IBSi Daily News Analysis

cloud,

July 19, 2024

API

SMEs leverage cloud to gain competitive edge, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Ecommpay & Mastercard partner to deliver Click to Pay in Europe

Read More

Today

FinTech Focus: Catch latest developments of the week

Read More

Today

Paysys Labs & Raqami Islamic Digital Bank to fuel digital payments in Pakistan

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2024