DLocal announced it has secured three pivotal licenses and authorizations from regulatory bodies in the United Arab Emirates, Turkey, and the Philippines. These strategic approvals mark a new chapter in DLocal's global expansion and reaffirm its commitment to upholding high standards of regulatory compliance in diverse markets.
In the United Arab Emirates, DLocal was granted a Payment Services License, enabling direct operation of cross-border payins and payouts within the country. In Turkey, authorization from the Central Bank of the Republic of Türkiye allows DLocal to operate cross-border payments via Lidio Payment Services Inc. Additionally, DLocal obtained a Money Services Business License in the Philippines, a key market for remittance inflows.
These new licenses join DLocal's growing portfolio of over 30 licenses and registrations worldwide, including the FCA license obtained earlier this year in the UK. Operating with this extensive portfolio provides a compliant framework and a material advantage over competitors, allowing DLocal to connect global companies to over 900 local payment methods across 40+ countries.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.