dLocal launches dMoRe to remove operational barriers between global businesses and emerging markets

Montevideo, Uruguay, August 26, 2026 – dLocal (NASDAQ: DLO), the leading payments platform for emerging markets, today announced the launch of dMoRe, its Merchant of Record (MoR) solution designed to redefine how global enterprises scale across emerging economies.

With dMore, dLocal expands its role beyond providing payment processing to become an end-to-end growth partner for global businesses tapping into tomorrow's fastest-growing consumer bases. Starting with Gaming and SaaS, where operational barriers in highly regulated markets directly impact customer acquisition and renewals, dMoRe combines dLocal's direct payment rails with a legal framework to operate as the merchant's local seller of record, leveraging established banking partnerships, localized payment methods, and local compliance teams within a single, integrated platform. Global businesses gain a fully compliant, market-ready foundation without relying on fragmented third-party integrations, shortening the market entry timelines from up to a year down to up to 8 weeks.

Demand was never the problem

Emerging markets added 109 million people to the global consumer class in 2024 alone. In Latin America, 74% of online transactions already cross borders—proving that consumer demand for global brands is overwhelmingly present, even when operational presence is not.

What limits expansion is the operational complexity sitting between demand and conversion: managing localized tax compliance, maintaining legal entities, navigating shifting regulations, and mitigating cross-border fraud. According to Deloitte, global enterprises spend up to 70% of their expansion efforts managing regulatory hurdles. Furthermore, entry alone does not guarantee conversion; driving performance requires deep local expertise to optimize checkout experiences and support the payment methods consumers already trust.

Closing the infrastructure gap

The shift toward direct-to-consumer models, accelerated by recent regulatory changes like the EU’s Digital Markets Act, has created a clear opportunity for global merchants, especially in the gaming industry. However, expanding direct channels into high-growth regions like Brazil, Nigeria, or Indonesia presents distinct operational hurdles compared to traditional mature markets.

While traditional Merchant of Record providers resolve the legal and administrative setup, they typically do so by layering compliance on top of a third-party payment processor rather than owning the underlying payment infrastructure themselves. dMoRe addresses this challenge natively: it is built directly upon dLocal’s proven, fully operational in-market payment infrastructure, removing the need for local entity setup and accelerating market entry. "The opportunity in emerging markets has never been difficult to see. The difficult part has been operating locally," said Pedro Arnt, Chief Executive Officer at dLocal. "We've spent more than a decade building the infrastructure that helps global businesses collect payments across these markets. dMoRe builds on that foundation by adding the legal and tax framework businesses need to sell locally, removing what has traditionally been one of the biggest barriers to expansion."

A sale starts before Checkout

Beyond core transactional infrastructure, dMoRe leverages dLocal's direct connections with digital wallets, local banks, and financial networks to help merchants drive early consumer adoption. Merchants can tap into established local ecosystem incentives, such as in-app placements, push notifications, and co-funded campaigns, to engage consumers directly within the payment channels they use daily.

When customers are ready to buy, transactions route seamlessly through dLocal’s network of over 1,000 local payment methods, such as Pix in Brazil and GCash in the Philippines, with merchants seeing conversion uplifts of up to 25% and local processing volume growth exceeding 100%.

That advantage continues long after launch. dMoRe is backed by the same in-market teams, local partnerships, and domain expertise that have supported dLocal’s merchants for more than a decade, providing ongoing optimization and operational support as businesses scale across emerging markets.

“Most merchants think of Merchant of Record as a back-office fix. It's actually a growth lever." said André Canu, VP of Growth at dLocal. "The legal and tax layer removes the barriers to entering a market, but dMoRe goes beyond that. We help merchants reach new users through their own direct channels and launch on infrastructure designed to convert local demand. They don't just enter new markets faster. They enter ready to turn the local demand into revenue, without local operations becoming the price of growth.”

Emerging markets do not lack consumer demand. What global businesses need is an efficient, fully operational entry path. dMoRe is the way in, built on active infrastructure across markets that are moving forward today.

About dLocal

dLocal (NASDAQ: DLO) builds financial technology for markets of the future, connecting global enterprises with billions of consumers across high-growth markets in Africa, Asia, the Middle East, and Latin America. Through the “One dLocal” concept (one direct API, one platform, and 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.