Ebury expands footprint in Africa through strategic partnership with dLocal

Date: 2024-03-28
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Ebury, the global financial services firm, has announced its partnership with dLocal, a leading cross-border payment platform specialising in high-growth markets.

This collaboration, according to a statement released on Wednesday marks a significant leap forward for Ebury, reinforcing its commitment to empowering businesses with seamless access to Emerging Markets across Africa.

Through this strategic alliance, Ebury solidifies its position as a leader in facilitating international transactions, leveraging dLocal's advanced payment solutions to enhance its capabilities in navigating the complexities of cross-border commerce.

With a focus on delivering exceptional value to its clients, Ebury will now be able to seamlessly integrate dLocal's technology to optimise pay-ins and payouts in the African market, streamlining processes, and ensuring unparalleled transparency throughout the transaction lifecycle.

The partnership will empower Ebury’s clients to expand their reach into Africa's vibrant markets with confidence, ease and cost-effectively. It follows the acquisition of Prime Financial Markets in 2023.

Ebury has grown to operate with over 1,700 employers from over 38 offices in more than 25 countries, offering a comprehensive suite of financial services tailored to simplify the international trade needs of businesses.

Joe Kemsley, Head of Product Strategy at Ebury, said: “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.”

Agustin Botta, Head of EMEA at dLocal, added: “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.”

By:  Nana Appiah Acquaye

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