Global finance firm Ebury has announced a partnership with cross-border payment platform dLocal to empower payment processing for businesses across Africa.
Both companies will work in tandem, with Ebury leveraging dLocal’s payment solutions to enhance capabilities for African businesses to navigate complex issues surrounding cross-border payments.
Ebury will be able to seamlessly integrate dLocal’s technology to optimise pay-ins and payouts in the African market, streamlining processes and ensuring transparency throughout the transaction lifecycle.
Agustin Botta, Head of EMEA at dLocal, commented: “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.”
The collaboration marks a “significant leap” forward for Ebury in its commitment to empowering businesses with seamless access to emerging markets across Africa.
The partnership aims to empower Ebury’s clients to expand their reach into Africa’s markets with ease and cost-effectively. The deal follows the firm’s acquisition of Prime Financial Markets in 2023.
Joe Kemsley, Head of Product Strategy at Ebury, added: “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.
“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.”
