dLocal, a cross-border payment platform focused on emerging markets, has secured key regulatory approvals in the United Arab Emirates, Turkey, and the Philippines. The new licenses are a step in the company’s global growth and compliance strategy.
In the Philippines, dLocal received a Money Services Business License, which allows it to directly operate remittance flows in the country. The Philippines is a major market for overseas remittances, making the license a strategic asset for the company.
“Expanding our licensed footprint in key high-growth markets like the UAE, Turkey, and the Philippines is essential to our mission of unlocking the power of emerging markets and connecting financially underserved populations to the global digital economy,” said Pedro Arnt, CEO of dLocal.
In the UAE, the company obtained a Payment Services License. This enables dLocal to operate payins and payouts, the core of its cross-border services, within the country.
In Turkey, dLocal received approval from the Central Bank of the Republic of Türkiye to operate through Lidio Payment Services Inc., which the company described as a key local partner. This partnership is expected to increase transaction volume and strengthen dLocal’s presence in the Turkish market.
These new authorizations add to dLocal’s portfolio of more than 30 licenses and registrations globally. Earlier this year, the company also secured approval from the UK’s Financial Conduct Authority (FCA).
dLocal enables global merchants accept local payment methods in over 40 countries, offering access to more than 900 payment options such as digital wallets, instant transfers, and bank payments. The company’s goal is to bridge gaps in financial access and support growth in underserved regions.
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