dLocal accelerates global payments across emerging markets with Convera

 dLocal, the leading payment platform connecting global merchants to emerging markets, has announced a new strategic partnership with Convera, a global leader in commercial payments. With this partnership, dLocal and Convera will streamline and scale its local payout capabilities in key emerging markets starting with Colombia and expanding across Africa, Asia, and Latin America.

Across emerging markets, businesses face major hurdles when sending funds internationally, such as slow settlement times, high costs, and dependence on outdated systems that continue to limit efficiency and growth. These inefficiencies hurt cash flow and competitiveness, despite cross-border B2B payments being a $60 trillion market growing at 8.6% annually, led by Latin America, Africa, and Asia-Pacific.

Together, Convera and dLocal streamline global supplier disbursements, payroll and vendor payments by enabling cost-effective, compliant cross-border transactions backed by local expertise. Convera’s customers gain access to dLocal’s extensive network for efficient, secure local payouts via bank transfers starting in Colombia and expanding across Africa, Asia, and Latin America. This shift from legacy processes to agile, localized payment rails ensures faster settlements and full regulatory compliance in each market.

As businesses continue to expand in emerging markets, efficient local payment solutions are essential for operational success and organizational growth. Convera and dLocal’s collaboration simplifies cross-border transactions, allowing companies to operate seamlessly and scale globally. Both companies remain committed to expanding their footprint and empowering enterprises to thrive in the world’s fastest-growing economies.

“Partnering with dLocal aligns with our mission to make global business payments simple, smart and secure to help our customers grow with confidence,” said David Teirney, VP, Global Head of Treasury at Convera. “By leveraging dLocal’s robust infrastructure and deep market knowledge, we empower our customers to accelerate payment processing, reduce transaction costs, and achieve greater predictability when operating in emerging markets.”

“At dLocal, we empower businesses to overcome the complexities of cross-border payments in emerging markets,” said Agustin Botta, Head of EMEA at dLocal. “By combining our local expertise with a robust, scalable platform, we enable faster, more reliable, and fully compliant supplier and vendor payouts. This helps companies reduce costs, improve cash flow predictability, and expand seamlessly across Africa, Asia, and Latin America.”