Damisa has partnered with cross-border payments platform dLocal to broaden cross-border settlement across Asia-Pacific (APAC), with an emphasis on stablecoin-based settlement rails.
The agreement connects Damisa to dLocal’s local payment rails across the region through a single integration.
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
As a result, Damisa’s merchant base will be able to access local bank transfers in key APAC markets without additional technical work.
dLocal said Damisa customers will get local APAC payment capabilities under one “transparent” fee, alongside real-time tracking. Settlement is expected to take hours rather than days.
Damisa enables businesses to collect, hold and pay out in both fiat and stablecoins across more than 70 currencies. It settles via regulated stablecoin rails while keeping the blockchain layer invisible to end users.
dLocal enables companies to pay and get paid in emerging markets through direct integrations with local acquirers.
The company added that its infrastructure manages the final stage of settlement by depositing funds into local bank accounts, avoiding routing delays associated with traditional correspondent banking chains.
dLocal said the partnership will support Damisa’s expansion across APAC. It also said Damisa’s “growing” B2B merchant base is expected to drive additional demand for dLocal’s network in the region.
Thomas Pinter, the co-founder and chief commercial officer at Damisa, said: “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.”
Richard Healy, commercial VP (APAC) at dLocal, said: “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.”
