Ebury and dLocal Collaborate to Enhance Global Transactions, Particularly in African Markets
dLocal, a prominent cross-border payment platform specializing in high-growth markets, has formed a strategic partnership with Ebury, a global financial services firm. This collaboration aims to boost Ebury’s capabilities in facilitating international transactions, with a specific focus on African markets, while ensuring seamless access and streamlined processes for its clients.
The integration of dLocal’s advanced payment solutions into Ebury’s services will result in enhanced efficiency and cost-effectiveness for businesses. By leveraging dLocal’s experience and cutting-edge payment technologies, Ebury’s cross-border commerce division is set to undergo a complete transformation. Additionally, Ebury plans to optimize pay-ins and payouts within African marketplaces by integrating dLocal’s technology, thereby streamlining procedures and ensuring transparency throughout the transaction lifecycle.
Joe Kemsley, Head of Product Strategy at Ebury, recognizes the importance of transparency and dependability in cross-border payments. Despite the challenges of doing business in developing nations, Kemsley remains optimistic that Ebury and its clients can overcome these obstacles through their partnership with dLocal.
Ebury is committed to empowering its customers and providing them with the means to enter Africa’s dynamic markets with greater assurance, efficiency, and economy. As a global financial services firm with over 1,700 employees and operations in 38 locations across 25 countries, Ebury’s partnership with dLocal demonstrates its continued dedication to facilitating global expansion for its clients.
Agustin Botta, Head of EMEA at dLocal, emphasizes the importance of adapting to the evolving global payments landscape. dLocal is committed to empowering businesses to thrive in emerging markets by leveraging its extensive banking network to provide liquidity and competitive rates, thereby facilitating their expansion with confidence and ease.
This strategic alliance follows Ebury’s acquisition of Prime Financial Markets in 2023, solidifying its position as a leader in simplifying international trade for businesses. By harnessing dLocal’s extensive network and expertise in emerging markets, Ebury aims to provide its clients with unparalleled access to liquidity and competitive rates, enabling seamless expansion into regions with significant growth potential.
Furthermore, the integration of dLocal’s technology into Ebury’s platform promises to streamline cross-border transactions, offering clients greater visibility, control, and reliability throughout the payment process. With a focus on transparency and user experience, Ebury and dLocal are set to redefine cross-border commerce, revolutionizing how businesses navigate international transactions.
XRP Remains Stable Amidst Increasing Trading Volume
XRP, with a market capitalization of $34.13 billion and a 24-hour trading volume exceeding $1.5 billion, continues to assert its prominence in the crypto market. Despite recent market fluctuations, XRP has displayed resilience, reflecting positive community sentiment and investor trust.
In the short term, XRP’s trajectory appears upward, as indicated by its stable position at $0.62, following a slight decline of 0.12%. Trading volume for XRP is steadily increasing, suggesting a favorable path for its prices.