dLocal

{{Short description|Uruguayan financial technology company}}

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{{notability|corp|date=March 2025}}

{{Infobox company

| name = dLocal Limited

| logo = File:DLocal_logo.png

| logo_size =

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| logo_caption = dLocal Logo

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| image_alt = dLocal office with logo

| image_caption = dLocal office with logo

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| type = Public

| traded_as = {{nowrap|{{NASDAQ|DLO}} (Class A)}}

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| industry = Financial technology

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| founded = {{Start date and age|2016}}, in Montevideo, Uruguay

| founder = Sergio Fogel, Andres Bzurovski

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| hq_location_city = Montevideo

| hq_location_country = Uruguay

| num_locations = over 20 offices worldwide

| num_locations_year = 2024

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| key_people = Pedro Arnt (CEO)
Carlos Menendez (COO)
Mark Ortiz (CFO)

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| num_employees = 1000

| num_employees_year = 2024

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| website = {{URL|dlocal.com}}

| footnotes = {{cite web |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/0001846832/000095017022006790/dlo-20211231.htm |title=dLocal Limited 2021 Annual Report (Form 20-F) |date=2 May 2022 |publisher=U.S. Securities and Exchange Commission}}

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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.{{cite web |url=https://www.teledoce.com/telemundo/nacionales/que-es-y-como-funciona-dlocal-la-primera-empresa-unicornio-del-uruguay/ |title=All about the first Uruguayan unicorn |website=Teledoce.com |date=16 September 2020 |language=es }}

As of 3 June 2021, dLocal went public, reaching a stock market valuation of US$9.5 billion. It is listed at Nasdaq,{{cite web |url=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 |title=dLocal goes public |website=swissinfo.ch |date=3 June 2021 |language=es }} being the second Uruguayan company in history to reach Wall Street after Starmedia in the 1990s.

Their founders, Andrés Bzurovski and Sergio Fogel, are among the 2,000 richest people in the world, according to Forbes.{{cite web |url=https://www.elobservador.com.uy/nota/dos-uruguayos-entre-los-nuevos-billonarios-de-forbes-gracias-a-dlocal-202245121543 |title=Two Uruguayans among Forbes' new billionaires |website=El Observador |date=6 April 2022 |accessdate=6 April 2022 |language=es }}

References

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