Cross-Border Remittances Take a Major Leap Forward
Cross-border remittances are being transformed, as dLocal and RizRemit unveil a strategic partnership focused on Africa and Asia. This collaboration marks a powerful step forward in financial accessibility. The joint initiative will simplify money transfers across major remittance corridors. With this, users gain access to trusted domestic rails and widely-used eWallets.
In emerging markets where access defines outcomes, this is a meaningful change. According to the World Bank, remittances form 3% or more of GDP in over 60 countries. Therefore, faster, safer, and easier cross-border remittances are not just helpful—they’re crucial.
dLocal’s Expertise Enables a New Standard
dLocal, listed on NASDAQ, is known for powering local payments in emerging markets. Its platform supports top global merchants, helping them send and receive funds without establishing local entities. Through its “One dLocal” model, companies access multiple payment methods via one API and one contract.
This simplicity plays a key role in RizRemit’s operations. The fintech company now benefits from dLocal’s infrastructure, which connects directly to local banking systems and eWallets. This results in faster settlements, fewer technical barriers, and greater flexibility.
Additionally, it lets RizRemit serve customers in ways that match their habits—whether they use mobile wallets in Nigeria or banking apps in Pakistan.
RizRemit Responds to Real Needs with Real Tools
Founded in 2019, RizRemit was built to empower expatriates. The platform allows users to send funds with security and transparency. Its partnership with dLocal enhances that mission. By integrating with local payment ecosystems, RizRemit users can now deliver funds through familiar channels.
CEO Muhammad Rizwan Javeed notes, “Remittances are a lifeline for our users and their families.” He emphasizes the need to provide options that work reliably. Through this collaboration, RizRemit achieves that with simpler operations and better reliability.
Why This Partnership Matters Now
Cross-border remittances continue to grow, especially across emerging markets. However, outdated systems often lead to slow transfers and hidden fees. This collaboration seeks to solve those issues. Now, users can send money faster, and recipients can receive it through local apps they already trust.
Moreover, the partnership offers critical advantages:
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Faster delivery times: Integration with domestic rails reduces bottlenecks and delays.
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Expanded reach: Local payment methods allow greater penetration into remote or underbanked areas.
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Lower complexity: One integration handles all payout flows, cutting down operational overhead.
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Reliability: The system supports consistency even under high transaction volumes.
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User-friendly experience: Familiar channels improve customer confidence and retention.
Digital Rails and Wallets That Truly Connect
This deal brings popular tools like JazzCash, EasyPaisa, and OPay directly into the payout process. These wallets already serve millions in Pakistan and Nigeria. Now, they also play a central role in cross-border remittances.
dLocal’s Head of Remittances, Martin Sapiurka, explained, “RizRemit’s focus on efficient flows aligns with our strengths in local infrastructure.” By working together, the companies now offer better tools for users in underserved regions.
This is particularly important when remittances directly impact families, small businesses, and communities. Every delay in transfer time can create real hardship. In contrast, faster remittances can support urgent expenses, education, and daily needs.
Looking Ahead: More Inclusion, More Growth
The remittance industry is evolving rapidly. Users no longer accept high fees, delayed payouts, or outdated interfaces. Instead, they demand speed, trust, and clarity. Platforms like RizRemit are listening, and partnerships like this reflect that commitment.
By simplifying cross-border remittances and embedding them into familiar digital ecosystems, this alliance is setting a new benchmark. Moreover, it points toward a larger trend in fintech—building infrastructure that actually meets local user behavior.
In the long run, such changes foster financial inclusion at scale. More people gain access to modern money tools, more businesses grow across borders, and economies grow stronger as a result.
Key Takeaways from the Partnership
To summarise the benefits of this alliance, here are the key impacts:
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Streamlined remittance infrastructure across two of the most critical remittance corridors: Africa and Asia.
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Deeper integration with local systems, reducing friction in payout and delivery processes.
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Improved user experience via familiar payment options like JazzCash, EasyPaisa, and OPay.
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Simplified operations with one API, contract, and platform to manage multi-country payouts.
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Strategic alignment between two fintechs with shared goals in user trust and accessibility.
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Increased reliability at scale, particularly in high-volume remittance months.
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Stronger financial access for the underserved, particularly in rural and low-income regions.
Conclusion: A Future Built on Seamless Access
In conclusion, cross-border remittances are more than transactions—they’re lifelines. By making them simpler and faster, dLocal and RizRemit are improving lives. The partnership offers a great example of fintech working as an enabler rather than just a service.
As more users demand better experiences, collaborations like this will become central to fintech’s global mission. With strong infrastructure and local-first thinking, cross-border remittances are now more inclusive, efficient, and impactful than ever before.