Collaborative Efforts
This partnership is designed to streamline the interaction between dLocal and Juspay, offering customers access to dLocal’s diverse range of 900 local payment methods, alongside the benefits of Juspay’s expansive payment ecosystem in fast-growing markets.
Combining Expertise
By leveraging Juspay’s payment orchestration capabilities with dLocal’s extensive network, enterprises can now provide users with a variety of region-specific options, including credit cards, bank transfers, eWallets, real-time payments, and cash-based solutions. This collaboration ensures smoother B2B2B and B2B2C payment flows, enhancing transactions for businesses while improving collections, disbursements, and cross-border activities.
Meeting Emerging Market Demands
The partnership allows merchants to expand their operations into emerging markets served by dLocal, meeting the increasing need for flexible, local-specific solutions. Juspay’s technology integration with dLocal’s localized payment expertise supports this goal.
Rising Demand for Cross-Border Payments
According to market analysis, the global cross-border payments market is projected to grow significantly over the next few years. Data from Grand View Research indicates that the market size was valued at USD 212.55 billion in 2024 and is forecasted to expand at a compound annual growth rate (CAGR) of 7.1% through 2030.
B2B Segment Dominates
The B2B segment currently holds the largest share, accounting for approximately 72.6% in 2024. This significant portion underscores the importance of corporate cross-border payments within the overall value chain.
Continuous Expansion
Much of this growth can be attributed to the expansion of global trade and improvements in payment infrastructure, particularly through B2B transactions. These developments have driven the demand for more flexible and optimized payment experiences.
Further Developments from Juspay
In April 2025, Juspay announced it had secured USD 60 million in a Series D funding round, comprising both primary and secondary investments. The investment was led by Kedaara Capital, with support from existing investors SoftBank and Accel. Avendus Capital acted as the financial advisor for this transaction.
Future Focus
Juspay plans to use these funds to enhance artificial intelligence capabilities to improve operations and optimize merchant-facing tools. Additionally, they aim to develop payment systems that remain compatible with a wide range of providers in response to the evolving and fragmented global payments landscape.