As of May 8, 2025, there are no indications that PayPal is collaborating with dLocal to expand payment services in emerging markets. Despite their history of operations in these regions, there is no evidence pointing to a formal partnership between the two companies at this time.
dLocal has independently made significant strides in emerging markets, emphasizing their focus with initiatives like the release of the 'Emerging Markets Payments Handbook' in June 2024. This guide highlights local payment methods across Africa, Asia, and Latin America. Furthermore, in November 2024, dLocal earned certification as a Payment Initiation Service Provider in Brazil, enhancing their capability to offer direct Pix payments as part of the Open Finance ecosystem, according to pymnts.com.
PayPal has similarly been investing in emerging markets, though through different channels. Notably, in 2020, PayPal partnered with Microsoft to facilitate localized payment solutions in Nigeria. This allowed for easier transactions using local credit cards for Microsoft products, as reported by businesswire.com. While their activities are robust in these regions, no active collaboration with dLocal has been identified.