DLocal explained

dLocal Limited
Type:Public
Industry:Financial technology
Predecessors:-->
Founded:, in Montevideo, Uruguay
Founders:-->
Successors:-->
Hq Location City:Montevideo
Hq Location Country:Uruguay
Areas Served:-->
Key People:Pedro Arnt (CEO)
Jacobo Singer (COO & president)
Eduardo Azar (chairman)
Revenue Year:2021
Income Year:2021
Net Income Year:2021
Assets Year:2021
Equity Year:2021
Owners:-->
Num Employees:535
Num Employees Year:2021
Footnotes:[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]

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

Notes and References

  1. Web site: dLocal Limited 2021 Annual Report (Form 20-F) . 2 May 2022 . U.S. Securities and Exchange Commission.
  2. Web site: All about the first Uruguayan unicorn . . 16 September 2020 . es .
  3. Web site: dLocal goes public . . 3 June 2021 . es .
  4. Web site: Two Uruguayans among Forbes' new billionaires . . 6 April 2022 . 6 April 2022 . es .