dLocal and Damisa partner to expand cross-border settlement in APAC

Montevideo, Uruguay, April 22, 2025 – dLocal (NASDAQ: DLO), the leading cross-border payment platform connecting global merchants to emerging markets, and Damisa, the B2B cross-border payment and settlement platform built for emerging-market corridors, have announced a strategic partnership to expand cross-border settlement across APAC.

The partnership connects Damisa to dLocal's established local payment rails across the region through a single integration, giving their merchant base immediate access to local bank transfers across key markets with no additional technical work required. 

Businesses operating across emerging-market corridors continue to face slow, unreliable, and costly cross-border settlement. Through this partnership, Damisa customers gain access to local APAC payment capabilities with one transparent fee, real-time tracking, and settlement in hours, not days.

dLocal enables businesses to pay and get paid across emerging markets through direct integrations with local acquirers, giving access to 1000+ local payment methods — cards, bank transfers, eWallets, and mobile money — without setting up local entities or managing separate processors. dLocal's infrastructure handles the final mile of settlement, depositing funds directly into local bank accounts without the routing delays associated with traditional correspondent chains.

Damisa enables businesses to collect, hold, and pay out in both fiat and stablecoins across more than 70 currencies, settling via regulated stablecoin rails while keeping the blockchain layer invisible to the end user.

dLocal's infrastructure accelerates Damisa's regional expansion across APAC markets. In turn, Damisa's growing B2B merchant base opens new demand and commercial opportunity for dLocal's network across the region.

"APAC represents one of the most significant opportunities in global B2B payments, and dLocal gives us the local rail access and regulatory footing in the APAC markets where it operates to move quickly and responsibly in the region,” said Thomas Pinter, Co-Founder and Chief Commercial Officer at Damisa. "This partnership means our customers can reach new markets without any additional integration on their side. That is the kind of seamless expansion we are building Damisa to deliver."

"Cross-border settlement in APAC can be complex. Fragmented rails, local compliance requirements, in-country operational demands,” said Richard Healy, Commercial VP (APAC) at dLocal. "That is exactly what our infrastructure is built to absorb. Damisa is building for corridors that have been underserved for too long, and this partnership gives them the foundation to do it at scale." 

The APAC cross-border commerce market is projected to exceed US$4 trillion by 2028, making it one of the most significant growth opportunities in global payments. With demand rising for fast, reliable, and compliant B2B settlement infrastructure, dLocal and Damisa are positioned to support businesses moving money at scale across the region.

About dLocal

dLocal builds financial infrastructure for markets of the future, connecting global enterprises with billions of emerging market consumers in more than 40 countries across Africa, Asia, the Middle East, and Latin America. Through the "One dLocal" concept — one direct API, one platform, one contract — global companies can accept payments, send payouts, and settle funds globally without the need to manage multiple local entities and integrations. For more information, visit www.dlocal.com 

About Damisa

Damisa is a B2B cross-border payment and settlement platform built for emerging-market corridors. The platform enables businesses to collect, hold, and pay out in both fiat and stablecoins across 70+ currencies, with one transparent fee, real-time tracking, and settlement in hours, not days. Damisa is a regulated EU VASP with additional licences in progress. For more information, visit www.damisa.xyz