dLocal Ltd. and Grey Achieve Milestone with 80% Quarterly Growth in Payout Volumes Across Emerging Markets
Reuters
Sep 02
dLocal Ltd. and Grey Achieve Milestone with 80% Quarterly Growth in Payout Volumes Across Emerging Markets
dLocal Ltd. has announced a significant partnership with Grey, a U.S.-based fintech company, aimed at enhancing cross-border payment solutions in emerging markets. Leveraging dLocal's robust infrastructure, the collaboration focuses on providing seamless, low-cost payouts in regions such as Morocco, Egypt, and Algeria. The partnership enables Grey to offer faster onboarding and instant payouts through various local payment methods, including bank transfers and mobile wallets. This initiative has resulted in an impressive average quarterly growth of 80% in payout volumes across these markets, underscoring the success of their joint strategy in driving scalable growth and improving financial accessibility in emerging regions.
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