dLocal, a Latin American payments firm, gets UK license to serve UK merchants.
Latin American payments firm dLocal has received a UK payment institution license from the Financial Conduct Authority, allowing it to onboard UK merchants for the first time. The company, which specializes in cross-border payments for emerging markets, aims to attract both domestic UK businesses and global companies with a UK presence. dLocal, which has over 30 licenses worldwide, plans to increase its headcount and expand in the UK.
3 months ago
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