dLocal Limited is a Uruguayan financial technology company. It provides cross-border payments connecting global merchants to emerging markets.

dLocal Limited
Company typePublic
NasdaqDLO (Class A)
IndustryFinancial technology
Founded2016; 8 years ago (2016), in Montevideo, Uruguay
Headquarters
Montevideo
,
Uruguay
Key people
Pedro Arnt (CEO)
Jacobo Singer (COO & president)
Eduardo Azar (chairman)
RevenueIncrease US$244 million (2021)
Increase US$84 million (2021)
Increase US$78 million (2021)
Total assetsIncrease US$583 million (2021)
Total equityIncrease US$280 million (2021)
Number of employees
535 (2021)
Websitedlocal.com
Footnotes / references
[1]

Established in 2016 as a startup, soon it became the first Uruguayan unicorn. The company has offices in Montevideo, São Paulo, San Francisco, London, Tel Aviv and Shenzhen.[2]

As of 3 June 2021, dLocal went public, reaching a stock market valuation of US$9.5 billion.[2] It is listed at Nasdaq,[3] being the second Uruguayan company in history to reach Wall Street after Starmedia in the 1990s.[2]

Their founders, Andrés Bzurovski and Sergio Fogel, are among the 2,000 richest people in the world, according to Forbes.[4]

References

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  1. ^ "dLocal Limited 2021 Annual Report (Form 20-F)". U.S. Securities and Exchange Commission. 2 May 2022.
  2. ^ a b c "All about the first Uruguayan unicorn". Teledoce.com (in Spanish). 16 September 2020.
  3. ^ "dLocal goes public". swissinfo.ch (in Spanish). 3 June 2021.
  4. ^ "Two Uruguayans among Forbes' new billionaires". El Observador (in Spanish). 6 April 2022. Retrieved 6 April 2022.
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