After significantly increasing payment volume and achieving an industry-leading 99.97% payment success rate in their initial collaboration, dLocal and Deel take their partnership to the next level.
May 16, 2024, Montevideo, Uruguay: Leading cross-border payments platform dLocal proudly announces a deeper collaboration with Deel, the premier global HR and payroll management platform empowering businesses to expand their remote work capabilities.
In this expanded partnership, dLocal and Deel will enter markets including Indonesia, Malaysia, Thailand, and Vietnam in Asia, as well as Ghana, Jordan, Kenya, Morocco, Saudi Arabia, South Africa, Turkey, and the United Arab Emirates in Europe, the Middle East, and Africa. dLocal not only supports Deel’s strategic expansion into high-growth markets but also offers a range of services, such as facilitating disbursements via Brazil’s instant payment system PIX. This market expansion follows a successful deployment in 19 countries in 2022, which saw a multiplication of payment volume, a 99.97% industry-leading payment success rate, and a reduced workload for Deel’s customer success team in payment support.
Crucially, this collaboration breaks down geographical barriers, enabling seamless coexistence and collaboration between companies and their employees while tackling complex challenges related to compliance and payroll. Dan Westgarth, COO at Deel, remarks, “Since partnering with dLocal, we’ve experienced their reliability and efficiency firsthand. Their payment expertise has undoubtedly added a competitive edge to our operations, and this significant expansion into high-growth markets underscores both the quality of dLocal’s service and the ease of use of their one-stop API, allowing us to scale rapidly according to our own pace and needs.”
John O’Brien, Chief Revenue Officer at dLocal, adds, “We take great pride in Deel’s success and are thrilled to support their rapid expansion in these high-growth markets. At dLocal, we’re committed to fostering growth for brands and individuals, and Deel is a prime example of that successful collaboration. We look forward to continuing our journey together, turning this partnership into another iconic case study demonstrating the importance of fast, convenient, and compliant payments.”
About dLocal
dLocal connects global merchants with consumers in high-growth markets across Africa, Asia, and Latin America through local payment solutions. With the concept of “one dLocal” (a single direct API, platform, and integration), multinational enterprises can accept payments, distribute funds, and settle globally without managing separate acquiring and payout channels, establishing multiple local entities, or onboarding numerous acquirers and payment methods in each market.
About Deel
Deel enables businesses to hire and manage top talent worldwide compliantly through its global payroll and compliance solutions. Companies of any size can, in just minutes, onboard and manage independent contractors and full-time employees in over 150 countries and pay them in more than 120 currencies with Deel. With over 200 legal, accounting, labor mobility, and tax experts, the platform allows businesses to create, sign, and send localized contracts from a template library. Deel automates the collection of compliance documents, like tax forms for freelancers and employees, ensuring compliance. Through the platform, businesses can easily make payments to global service providers and employees with just a few clicks.
