dLocal, a payment platform connecting merchants to emerging markets born out of Uruguay, has secured the UK Authorised Payment Institution (API) licence from the Financial Conduct Authority (FCA).
With the licence, dLocal can now offer a comprehensive suite of regulated payment solutions to UK-based merchants. Now that the cross-border payment fintech can offer regulated payment services in the UK, it plans to help firms in the region easily scale globally, and to specifically target emerging economies.
UK-based merchants can expand their international reach by leveraging dLocal’s localised payment solutions, which include more than 900 alternative payment methods (APMs) tailored to consumer preferences in emerging markets, where international cards account for only 20 per cent of transactions.
“Our new API 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,” explained John O’Brien, chief revenue officer and managing director UK at dLocal.
“With this licence, we are well-positioned to continue our strong relationships with existing customers and welcome new clients seeking pay-in and pay-out solutions in more than 40 markets that dLocal serves. Our innovative, secure, and efficient payment solutions help UK businesses scale globally and thrive in dynamic, emerging economies.”
Supporting UK-based forms
The International Chamber of Commerce UK (ICC) has also selected dLocal as a partner in its flagship ‘Trade for Prosperity‘ programme, which helps British businesses expand into new markets.
dLocal stressed that this partnership, alongside the newly obtained API licence, underscores its ability to support British businesses to navigate the complexity of payments in emerging markets.
As a NASDAQ-listed company, dLocal also remains committed to compliance leadership. With existing licences in major jurisdictions, including the European Union, and over 30 regulatory licences permissions and registrations across Africa, Asia, the Middle East, and LATAM, dLocal adheres to the highest international standards in regulatory compliance. The company has built strong partnerships with governments globally, ensuring that it operates securely and in full compliance with local laws.
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