#20 - Justo Benetti, SVP Head of Americas at dLocal

Join us on this week's episode of the Slice of Finance podcast, hosted by Jared S. Taylor!

Our Guest: Justo Benetti, SVP Head of Americas at dLocal.

What you’ll get out of this episode:

  • dLocal's Role: Simplifying payment processes for global companies to access emerging markets seamlessly.

  • Emerging Market Drivers: Growth fueled by rising internet penetration and increasing purchasing power.

  • Alternative Payment Methods: Dominance of mobile money, digital wallets, and instant payment systems like PIX and UPI.

  • Challenges & Solutions: Addressing infrastructure gaps, cultural diversity, and operational complexities.

  • Future Trends: Accelerating adoption of alternative payments and adapting to evolving consumer preferences.

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Understanding dLocal's Mission

dLocal enables global companies to connect with consumers in over 40 emerging markets through innovative payment solutions. By acting as a bridge, dLocal ensures companies can provide localized payment experiences, whether customers prefer mobile money, digital wallets, or cash-based systems.

Growth Opportunities in Emerging Markets

Emerging markets are experiencing explosive growth due to increasing internet penetration and higher disposable incomes. Africa, for instance, is projected to witness significant population growth, while regions like Brazil have seen millions join the e-commerce landscape, driven by platforms like Nubank and government-supported systems like PIX.

Alternative Payment Methods on the Rise

Alternative payment methods have revolutionized how transactions occur in diverse regions:

  • Africa: Systems like M-Pesa and mobile money cater to unbanked populations.

  • Asia: Super apps like WeChat Pay dominate.

  • Brazil: PIX has overtaken traditional credit card use with its instant payment convenience.
    These localized solutions highlight the adaptability required to meet consumer needs.

dLocal’s Technical Innovations

To navigate infrastructure inconsistencies and cultural nuances, dLocal provides a unified API that simplifies operations. From fraud detection to adapting subscription models for cash-based markets, dLocal empowers businesses to scale without getting lost in operational complexities.

Looking Ahead: The Next Decade in Payments

The future of payments in emerging markets hinges on adaptability. With younger populations driving rapid adoption of new technologies, businesses must anticipate shifting preferences. The rise of alternative payments will likely redefine global strategies, emphasizing consumer-centric approaches.

To learn more about dLocal:

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