Ebury increases its footprint in Africa

The international financial services company Ebury is pleased to announce that it has partnered with dLocal, a top cross-border payment platform that specializes in rapidly expanding markets.

Madilyn Swift

March 27, 2024

2Min Reads

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Payments

With this partnership, Ebury takes a big step closer to realizing its goal of providing companies with easy access to emerging markets throughout Africa.

With the help of this strategic partnership, Ebury strengthens its position as a market leader in the facilitation of cross-border transactions by utilizing dLocal's cutting-edge payment solutions to improve its ability to manage the challenges associated with doing business internationally.

Ebury, which prioritises providing outstanding value to its clientele, can now effortlessly include dLocal's technology to enhance pay-ins and payouts in the African market. This will simplify procedures and guarantee unmatched transparency across the whole transaction lifecycle.

Through this agreement, Ebury's clients will be able to confidently, easily, and affordably increase their market share in Africa's thriving marketplaces. It comes after Prime Financial Markets is acquired in 2023.

Ebury has expanded to operate with more than 1,700 employers from more than 38 offices in more than 25 countries, providing a full range of financial services designed to make businesses' demands for international trade easier.

"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," stated Joe Kemsley, Head of Product Strategy at Ebury.

Even though it seems simple, it can be challenging to guarantee dependability and a positive experience in emerging markets. However, by working with dLocal, we are able to do precisely that, which benefits both Ebury and our clients.

"As the global payments landscape evolves rapidly, our partnership with Ebury underscores our commitment to empowering businesses to thrive in emerging markets," said Agustin Botta, Head of EMEA at dLocal. We seek to give Ebury's clients the most favorable rates and liquidity by utilizing dLocal's physical banking network, ultimately enabling their confident and seamless development into emerging nations.