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Uruguay-based cross-border payments platform, dLocal, has secured an Authorised Payment Institution licence from the UK’s Financial Conduct Authority (FCA), marking a significant step in its expansion into the UK market. This licence enables dLocal to offer regulated payment solutions to UK merchants, including streamlined pay-ins, payouts, cross-border transactions, and enhanced fraud controls.

dLocal specializes in bridging global merchants with emerging markets by providing an integrated payment platform. Its services allow clients to process payments, send payouts, and settle funds globally without the complexities of managing multiple processors, establishing local entities, or integrating various acquirers and payment methods for each market.

Expanded Opportunities for UK Merchants

With the FCA licence, dLocal now offers UK merchants access to its extensive network of over 900 alternative payment methods. These solutions are tailored to consumer preferences in high-growth regions such as Africa, Asia, and Latin America, allowing businesses to expand their international reach seamlessly.

“Our new Authorised Payment Institution licence goes beyond regulatory compliance—it enables us to empower UK-based merchants with access to the vast opportunities in high-growth markets across Africa, Asia, and Latin America,” said John O’Brien, Chief Revenue Officer and Managing Director for the UK at dLocal.

Collaboration with Trade for Prosperity Programme

In addition to regulatory approval, dLocal has been selected to join the International Chamber of Commerce UK’s flagship Trade for Prosperity programme. This initiative supports British businesses in exploring and penetrating new international markets, further bolstering dLocal’s efforts to connect UK merchants with emerging economies.

Strategic Growth Plans

Despite recent speculation about a potential sale, dLocal CEO Pedro Arnt clarified in an interview with CNBC that the company is currently not for sale. He emphasized the firm’s commitment to exploring opportunities that align with its growth strategy and fiduciary responsibilities to shareholders.

dLocal’s continued focus on innovation and global market connectivity positions it as a key player in enabling cross-border trade and supporting businesses seeking to thrive in emerging markets.