Damisa and dLocal Partner to Expand Cross-border Settlement in APAC

Damisa, the B2B cross-border payment and settlement platform built for emerging-market corridors, today announces a strategic partnership with dLocal (NASDAQ: DLO), the leading cross-border payment platform connecting global merchants to emerging markets, to expand local payment settlement across Asia-Pacific. 

The partnership connects Damisa to dLocal’s established local payment rails across the Asia-Pacific (APAC) region through a single integration. This gives Damisa’s merchant base access to local bank transfers across key markets through the same platform they already use. No additional technical integration is required for existing customers. 

The expanded APAC coverage enables settlement directly into local bank accounts without the operational overhead of managing multiple provider relationships. 

Emerging market challenges 

Businesses operating across emerging-market corridors continue to face slow, unreliable, and costly cross-border settlement. Through this partnership, Damisa customers gain access to local APAC payment capabilities with one transparent fee, real-time tracking and settlement in hours, not days. 

Damisa enables businesses to collect, hold and pay out in both fiat and stablecoins across more than 70 currencies, settling via regulated stablecoin rails while keeping the blockchain layer invisible to the end user.

dLocal enables businesses to pay and get paid across emerging markets through direct connections to local acquirers, giving access to 1,000+ local payment methods (cards, bank transfers, eWallets, and mobile money) without setting up local entities or managing separate processors. Their infrastructure handles the final mile of settlement, depositing funds directly into local bank accounts without the routing delays associated with traditional correspondent chains.

dLocal brings proven local rail access and regulatory expertise in the APAC markets where it operates, accelerating Damisa’s regional expansion. In turn, Damisa’s growing B2B merchant base opens new settlement demand and commercial opportunity for dLocal’s network across the region. 

Says Thomas Pinter, Co-Founder and Chief Commercial Officer at Damisa: “APAC represents one of the most significant opportunities in global B2B payments, and dLocal gives us the local rail access and regulatory footing in the APAC markets where it operates to move quickly and responsibly in the region. This partnership means our customers can reach new markets without any additional integration on their side. That is the kind of seamless expansion we are building Damisa to deliver.” 

Says Richard Healy, Commercial VP (APAC) at dLocal: “Cross-border settlement in APAC can be complex. Fragmented rails, local compliance requirements, in-country operational demands. That is exactly what our infrastructure is built to absorb. Damisa is building for corridors that have been underserved for too long, and this partnership gives them the foundation to do it at scale.” 

The APAC cross-border commerce market is projected to exceed US$4 trillion by 2028, making it one of the most significant growth opportunities in global payments. With demand rising for fast, reliable, and compliant B2B settlement infrastructure, Damisa and dLocal are positioned to support businesses moving money at scale across the region.