Dlocal Ltd (DLO) Sector
Information Technology

(Current) $10.67
-0.13 (-1.2%) Open Price: 10.80

 

Dlocal Ltd is a technology company that enables global merchants to accept payments from customers in emerging markets. The company was founded in 2016 and is headquartered in Montevideo, Uruguay, with additional offices in São Paulo, Miami, Tel Aviv, and London.

 

Dlocal provides cross-border payment processing and merchant acquiring services for e-commerce companies and marketplaces. The company's platform supports more than 300 payment methods and currencies, including credit and debit cards, local payment methods, and digital wallets.

 

The company serves merchants in over 30 countries, including Brazil, Mexico, Argentina, Chile, Colombia, Peru, Turkey, India, and Thailand. Its customers include global e-commerce giants such as Amazon, Booking.com, and GoDaddy, as well as regional players like Rappi, Tokopedia, and OLX.

 

Dlocal has raised over $400 million in funding to date, with its most recent funding round in November 2021 raising $175 million at a valuation of $10 billion. The company has also made several strategic acquisitions to expand its capabilities, including payments infrastructure provider PPRO in 2021.

 

Dlocal's mission is to democratize access to digital commerce by connecting global merchants with consumers in emerging markets. By providing localized payment options and removing the complexities of cross-border payments, Dlocal aims to help merchants expand into new markets and unlock new growth opportunities.

 



 

(11/19/24) $10.80
(11/21/24) $10.80
(11/21/24) (Qty.)1,445,299
(11/19/24) $10.39
(11/19/24) $11.07
(11/03/24) $8.15
(11/10/24) $11.78
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