Key takeaways
- Emerging markets present growth opportunities, but cross-border payment challenges complicate entry.
- Convera partners with dLocal to enhance cross-border payments infrastructure and streamline international transactions.
- The collaboration combines Convera’s global financial network with dLocal’s local expertise to simplify payment processes.
- Faster and more predictable payments benefit CFOs by improving cash flow management and resource allocation.
Why cross-border payments infrastructure is critical for emerging market growth
For businesses looking to grow internationally, emerging markets represent some of the most exciting opportunities today. Yet entering these regions is rarely straightforward. Behind every expansion strategy lies a complex web of cross-border payment challenges, from delayed settlements to high transaction costs and inconsistent infrastructure.
To help address this, Convera has partnered with dLocal, the leading payment platform connecting global merchants to emerging markets. Together, the two companies are making it easier for businesses to move money across borders with greater speed, transparency, and confidence.
“Partnering with dLocal aligns with our mission to make global business payments simple, smart, and secure to help our customers grow with confidence,” said David Teirney, VP, Global Head of Treasury at Convera. “By leveraging dLocal’s robust infrastructure and deep market knowledge, we empower our customers to accelerate payment processing, reduce transaction costs, and achieve greater predictability when operating in emerging markets.”
The collaboration between Convera and dLocal kicks off in Colombia, expanding to Mexico and across Latin America, Africa, and Asia.
The challenge of paying into emerging markets
While the opportunity in emerging regions like Latin America, Africa, and Asia continues to grow, so too does the complexity of operating within them. Many businesses still rely on legacy payment systems that were not designed for today’s global, always-on economy.
This often leads to slower transaction times, limited visibility into payment flows, and rising costs. In practice, these inefficiencies can disrupt supplier relationships, international vendor payments, create cash flow uncertainty, and ultimately limit a company’s ability to scale efficiently.
At the same time, the demand for cross-border payment solutions continues to increase, with FXC Intelligence predicting that the total addressable market for cross-border payments will grow 53% by 2033, to reach a value of $67.3 trillion.
Convera and dLocal combine global scale and local expertise
The partnership between Convera and dLocal introduces a more streamlined and localized way to manage international payment processing. What makes this partnership particularly powerful is the way it combines two complementary strengths. Convera brings a global financial network, foreign exchange expertise, and a strong regulatory footprint. dLocal brings deep local payment infrastructure and years of emerging market know-how.
“At dLocal, we empower businesses to overcome the complexities of cross-border payments in emerging markets,” said Agustin Botta, Head of EMEA at dLocal. “By combining our local expertise with a robust, scalable platform, we enable faster, more reliable, and fully compliant supplier and vendor payouts. This helps companies reduce costs, improve cash flow predictability, and expand seamlessly across Africa, Asia, and Latin America.”
Together, Convera and dLocal create a model that allows businesses to expand internationally without needing to build complex payment capabilities from scratch in every region they enter.
Benefits for CFOs and treasury teams
Together, Convera and dLocal are focused on making everyday business payments simpler. Whether a company is paying international suppliers, managing payroll across multiple countries, or issuing high-volume disbursements, the ability to rely on consistent, local payment execution is critical.
For CFOs and treasurers, the implications are significant. Managing global cash flow becomes easier when payments are faster and more transparent. Greater predictability allows for more accurate forecasting, while reduced complexity frees up time and resources for more strategic priorities.
This shift also reflects a broader evolution in how businesses approach cross-border payment solutions. Instead of relying on static processes and fragmented systems, organizations are moving toward more dynamic, interconnected payment strategies that can adapt to the pace of global business.
Start simplifying your cross-border payment solutions today
Emerging markets will continue to play a critical role in global economic growth. However, success in these regions depends on more than just market entry, it requires the infrastructure to operate effectively within them.
By simplifying cross-border payments and enabling access to local payment rails, Convera and dLocal are helping businesses remove one of the most persistent barriers to expansion. The result is a more seamless path to growth, where companies can scale with confidence and focus on the opportunities ahead.
Contact us to learn more about optimizing cross-border payments for your business.
