🎉 Great plan! Uruguay 🇺🇾 partners with the U.S. 🇺🇸 and Belgium 🇧🇪 to work in emerging markets

Morgan Ellis

🎉 Great plan! Uruguay 🇺🇾 partners with the U.S. 🇺🇸 and Belgium 🇧🇪 to work in emerging markets

To provide more low-cost products in 14 emerging markets across Africa, Asia, and Latin America, the Uruguayan fintech dLocal has partnered with Belgian Belmoney and the U.S. e-commerce platform Temu.

➡️ Belmoney leverages dLocal’s infrastructure, which supports over 900 local and alternative payment methods—including bank transfers, digital wallets, and card payments—in Bangladesh 🇧🇩, Ecuador 🇪🇨, Peru 🇵🇪, and Pakistan 🇵🇰.

➡️ The concept of “One dLocal” (1 direct API, 1 platform, and 1 contract) allows creating multiple local organizations and integrating various acquirers and payment methods in each market.

➡️ In Latin America, the plan is to expand into Mexico 🇲🇽 and Colombia 🇨🇴, as well as strengthen its presence in Uruguay.

The goal of this alliance is to broaden financial services for the unbanked population and give them access to affordable products on Temu.

#news #Europe #Ecuador #Peru #Uruguay #Mexico #Colombia #Africa #USA

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