Company:DLocal
 dLocal Logo | |
| Type | Public |
|---|---|
| NASDAQ: DLO (Class A) | |
| Industry | Financial technology |
| Founded | 2016, in Montevideo, Uruguay |
| Founder | Sergio Fogel, Andres Bzurovski |
| Headquarters | Montevideo , Uruguay |
Number of locations | over 20 offices worldwide (2024) |
Key people | Pedro Arnt (CEO) Carlos Menendez (COO) Mark Ortiz (CFO) |
Number of employees | 1000 (2024) |
| Website | dlocal |
| Footnotes / references [1] | |
dLocal Limited is a Uruguayan financial technology company. It provides cross-border payments connecting global merchants to emerging markets.
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]
In 2021, dLocal acquired payments provider PrimeiroPay for $40 million.[4]
In June 2025, dLocal announced plans to acquire AZA Finance, an African payments provider, for a reported $150 million.[5]
In January 2025, dLocal secured an Authorised Payment Institution license from the United Kingdom's Financial Conduct Authority, enabling the company to onboard UK merchants through its local entity, dLocal Opco UK.[6]
In January 2026, dLocal announced Asia as a strategic priority for expansion, with plans to hire dozens of employees and secure additional regulatory licenses in key markets including Vietnam and Thailand.[7]
Their founders, Andrés Bzurovski and Sergio Fogel, are among the 2,000 richest people in the world, according to Forbes.[8]
References
- ↑ "dLocal Limited 2021 Annual Report (Form 20-F)". U.S. Securities and Exchange Commission. 2 May 2022. https://www.sec.gov/ix?doc=/Archives/edgar/data/0001846832/000095017022006790/dlo-20211231.htm.
- ↑ 2.0 2.1 2.2 "All about the first Uruguayan unicorn" (in es). 16 September 2020. https://www.teledoce.com/telemundo/nacionales/que-es-y-como-funciona-dlocal-la-primera-empresa-unicornio-del-uruguay/.
- ↑ "dLocal goes public" (in es). 3 June 2021. https://www.swissinfo.ch/spa/uruguay-empresas--actualizaci%C3%B3n-_salida-de-dlocal-al-nasdaq--un--camino-que-se-abre--para-emprender-en-uruguay/46676114.
- ↑ "Cross-Border Payment Firm Accelerates Expansion Plans" (in en). https://etfdb.com/emerging-markets-channel/cross-border-payment-firm-accelerates-expansion-plans/.
- ↑ "Uruguay’s DLocal Agrees to Buy AZA Finance in Africa Push" (in en). Bloomberg.com. https://www.bloomberg.com/news/articles/2025-06-03/dlocal-said-to-near-150-million-deal-for-aza-in-africa-push.
- ↑ Browne, Ryan (7 January 2025). "dLocal, Latin America's answer to Stripe, wins UK license in global expansion push". CNBC. https://www.cnbc.com/2025/01/07/latin-american-stripe-rival-dlocal-acquires-uk-payments-license.html.
- ↑ "Emerging Market Payments Provider DLocal Plans a Push Into Asia". Bloomberg. 15 January 2026. https://www.bloomberg.com/news/articles/2026-01-15/emerging-market-payments-provider-dlocal-plans-a-push-into-asia.
- ↑ "Two Uruguayans among Forbes' new billionaires" (in es). 6 April 2022. https://www.elobservador.com.uy/nota/dos-uruguayos-entre-los-nuevos-billonarios-de-forbes-gracias-a-dlocal-202245121543. Retrieved 6 April 2022.
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