DLocal
From Wikipedia, the free encyclopedia
 dLocal Logo | |
| Company 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]
