dLocal, a cross-border payment platform specializing in high-growth markets, today expanded its partnership with Deel, a global HR and payroll platform that helps businesses scale their remote workforce capabilities. The expansion includes Indonesia, Malaysia, Thailand, and Vietnam in Asia, and Ghana, Jordan, Kenya, Morocco, Saudi Arabia, South Africa, Turkey, and the United Arab Emirates in EMEA.
In addition to the geographic expansion, dLocal will provide services such as payout in Brazil through PIX. The expansion comes after a successful initial deployment across 19 countries in 2022. That first deployment resulted in a multiplying of payment volumes, a payment delivery rate of 99.97%, and what they said is a “meaningful reduction in payment support issues handled by Deel’s customer success team.”
In a statement, the companies said the initial partnership opened doors for both businesses and employees to coexist and collaborate no matter their geographic location seamlessly, solving compliance and payroll complications.
“Not long after we began working with dLocal, we realized the benefits of the partnership in terms of reliability and speed,” said Deel COO Dan Westgarth. “dLocal’s payments experience helped us stand apart and this major expansion to high growth markets is a vote of confidence in the quality of that experience, as well as a testament to the ease of use of having a single API. We’ve been able to expand rapidly when we were ready and on our terms.”
“Deel has been a major success for us and we couldn’t be happier to enable their expansion across so many high growth markets,” added dLocal head of EMEA Agustin Botta. “We’re in the business of facilitating growth and opportunities for brands and individuals and the Deel use case is exactly that. We look forward to continuing to work together to turn this opportunity for impact into another powerful case study on the importance of quick, easy and compliant payments.”
