Tagged: dlocal

March 21, 2025 @ 4:27 pm By Omar Faridi  |  

dLocal, the payment platform connecting global merchants to emerging markets, announced a partnership with Belmoney, the  Remittance-as-a-Service (RAAS) provider in Europe. The global remittance industry remains burdened “with high fees and slow transaction speeds.” According to the IMF, transfers under $200 incur average fees “of… Read More

March 3, 2025 @ 8:45 pm By Omar Faridi  |  

dLocal, an emerging market cross-border payments has announced its financial results for the fourth quarter and full year 2024. The Q4 2024 earnings update concluded on February 27,  revealing steady growth metrics that reinforce dLocal’s role as a key player in digital payments across Latin… Read More

January 12, 2025 @ 9:13 pm By Omar Faridi  |  

dLocal, the payment platform connecting merchants to emerging markets, announced it has been granted the Authorized Payment Institution license from the Financial Conduct Authority (FCA) in the United Kingdom. This positions dLocal to offer payment services in the UK, bolstering its commitment to compliance and… Read More

November 30, 2024 @ 1:12 pm By Omar Faridi  |  

dLocal, the cross-border payment platform specializing in high-growth markets, marks a regulatory milestone by becoming a certified Payment Initiation Service Provider (PISP) in Brazil, authorized by the Central Bank. This certification enables dLocal to facilitate Pix payments directly within the Open Finance ecosystem, enhancing the… Read More

August 29, 2024 @ 11:35 am By JD Alois  |  

dLocal and Grey have announced a partnership to pursue payments and transfers in emerging markets. Grey is a US start-up focused on providing global cross-border payments across the US, UK, Europe, Asia, and Africa. dLocal targets connecting merchants with consumers in Africa, Asia and Latin… Read More

August 10, 2024 @ 2:30 pm By Omar Faridi  |  

dLocal, the cross-border payment platform specializing in high-growth markets, today announced its strategic partnership with iTransfer, a cross-border payments company with a significant presence in EMEA, Latin America, and APAC. One of the main challenges users face in emerging markets “is currency volatility, which can… Read More

June 22, 2024 @ 2:17 pm By Tony Zerucha  |  

dLocal, a cross-border payment platform specializing in high-growth markets, this week announced its partnership with Eneba, a marketplace with more than 10 million registered users and 80,000 products for gamers. The partnership between dLocal and Eneba aims to create a vector of accessible gaming for… Read More

May 16, 2024 @ 6:00 pm By Tony Zerucha  |  

dLocal, a cross-border payment platform specializing in high-growth markets, today expanded its partnership with Deel, a global HR and payroll platform that helps businesses scale their remote workforce capabilities. The expansion includes Indonesia, Malaysia, Thailand, and Vietnam in Asia, and Ghana, Jordan, Kenya, Morocco, Saudi… Read More

April 15, 2024 @ 10:36 am By Omar Faridi  |  

dLocal, the cross-border payment platform, is announcing its partnership with payroll and payments platform Papaya Global. The new partnership sees the two platforms join forces to “enable companies to easily handle workforce payments globally, including across emerging markets.” The partnership between dLocal and Papaya Global… Read More

March 25, 2024 @ 8:55 am By Tony Zerucha  |  

dLocal, a cross-border payment platform specializing in high-growth markets, recently announced that Mark Ortiz has been appointed chief financial officer. Ortiz will report directly to dLocal’s CEO, Pedro Arnt, overseeing dLocal’s accounting, financial planning and analysis, financial reporting internal audit, SEC reporting, tax, credit, risk,… Read More

August 21, 2023 @ 8:53 pm By Omar Faridi  |  

DLocal Limited (Nasdaq: DLO), a technology-first payments platform enabling global enterprise merchants to connect with billions of consumers in emerging markets,  announced earlier this month that Pedro Arnt has been “appointed as co-Chief Executive Officer and member of the Board of Directors of the company,… Read More

July 23, 2023 @ 11:38 pm By Omar Faridi  |  

dLocal has reportedly been licensed by Brazil’s central bank to serve as a payments institution in the South American country. This license, roughly equivalent to the European e-money issuer license, “allows dLocal to accept deposits from the public, manage e-wallets, and participate directly in Brazil’s… Read More

October 28, 2021 @ 9:43 am By Omar Faridi  |  

dLocal, a tech-first payments platform that enables enterprise merchants to connect with  consumers in emerging markets, has introduced its latest developments for risk management. The first product in the stack is Smart Defense, which is described as an advanced, custom-built solution that combats fraud by… Read More

June 4, 2021 @ 4:19 pm By JD Alois  |  

DLocal Limited (NASDAQ:DLO), a payments Fintech based in Uruguay, successfully listed its shares on the Nasdaq raising over $617 million at $21/share. Shares have traded as high as over $35/share and look to close the week having jumped over 50% following its float. The company… Read More

April 2, 2021 @ 8:22 am By Samantha Hurst  |  

  dLocal, a cross-border payment platform, announced on Friday it secured $150 million through its latest investment at a valuation of $5 billion. According to dLocal, Alkeon Capital led the round with participation from BOND, D1 Capital Partners, and Tiger Global. dLocal claims to be… Read More

January 19, 2021 @ 9:52 am By Samantha Hurst  |  

  dLocal, a U.S.-based cross-border payment platform, announced on Tuesday it has formed a new partnership with online lender Dinie to allow global merchants to offer installment payments to their customers in Brazil as a form of small business lending. According to dLocal, this collaboration… Read More

December 11, 2020 @ 7:19 pm By Omar Faridi  |  

Global money transfer service Azimo has teamed up with payments focused Fintech firm dLocal in order to allow migrant workers based in Europe and Australia to send funds to almost any bank in Colombia, which reportedly includes Banco de Bogota, Banco de Occidente, and Davivienda…. Read More

September 15, 2020 @ 9:10 am By JD Alois  |  

Cross border payments Fintech dLocal has raised $200 million in a funding round led by General Atlantic. The capital infusion sets a valuation on the company of $1.2 billion thus creating a Latin American Fintech unicorn and Uruguay’s first. dLocal is a cross-border payment processor… Read More

September 1, 2020 @ 9:34 am By Samantha Hurst  |  

dLocal, a fintech that specializes in cross-border payments for emerging markets, announced on Tuesday it is has teamed up with Spotify to enable the music platform’s new payment methods for customers in Latin America for Spotify Premium through the use of its payments platform. dLocal… Read More

May 1, 2020 @ 2:58 pm By Omar Faridi  |  

Uruguay-based dLocal, a Fintech firm focused on facilitating international transactions, has reportedly added Google Pay as one of its local payment options. As mentioned on dLocal’s official website: “dLocal [aims] to close the payments innovation gap that exists between developed countries and emerging economies. We… Read More