Microsoft announce new strategic partnership to harness artificial intelligence in fintech

Microsoft and dLocal announce a landmark partnership to integrate cutting-edge Artificial Intelligence (AI) solutions into the financial technology (fintech) sector. The partnership was announced at an event held at Microsoft’s AI Innovation Lab in Montevideo today.

This long-term partnership underscores their commitment to driving digital transformation and enhancing financial inclusion across emerging markets and has been instrumental in fostering the expansion and customer involvement for Microsoft in several emerging economies, such as Chile, Colombia, Peru, Egypt, Nigeria, and South Africa, since 2018.

„By providing localized and versatile payment solutions, dLocal ensures that Microsoft’s customers in emerging markets have access to simplified and efficient payment methods, enhancing the overall user experience.” – according to the press release.

“Partnering with dLocal is an exciting opportunity for Microsoft to bring the power of AI to the fintech industry in all markets where dLocal operates. We are committed to driving digital transformation and enhancing financial inclusion through our innovative technologies,” said Roberto Icasuriaga, Director of Small, Medium Sized Companies and Digital Natives for Latin America at Microsoft.

“We are delighted to join forces with Microsoft to push the boundaries of what’s possible in the fintech space. This collaboration will enable us to offer superior services to our clients and users, ensuring seamless, secure, and efficient financial transactions,” said Sergio Fogel, Co-Founder and Chief Strategy Officer at dLocal.

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dLocal is a premier payment platform focused on emerging markets. It connects global merchants with billions of consumers, offering a seamless and secure payment experience. dLocal’s technology bridges the gap between developed and developing economies, fostering global commerce and financial inclusion.