What is dLocal?
Founded in 2016 and headquartered in Montevideo, Uruguay, dLocal operates a sophisticated cross-border payment platform engineered to manage high-volume online transactions. Its unified API streamlines the payment process, eliminating the necessity for businesses to manage multiple payment processors, establish numerous local entities, or integrate a multitude of isolated acquirers and payment methods. This integrated approach simplifies international commerce for businesses seeking to operate seamlessly across diverse markets.
How much funding has dLocal raised?
dLocal has raised a total of $974.6M across 4 funding rounds:
Other Financing Round
$7M
Other Financing Round
$200M
Other Financing Round
$150M
Stock Offering
$617.6M
Other Financing Round (2017): $7M with participation from Expand Venture
Other Financing Round (2020): $200M led by General Atlantic Service Company, L.P. and Addition Ventures
Other Financing Round (2021): $150M supported by Tiger Global, Alkeon Capital Management, and D1 Capital Partners
Stock Issuance/Offering (2021): $617.7M, investors not publicly disclosed
Key Investors in dLocal
General Atlantic Service Company, L.P.
General Atlantic Service Company, L.P. is a prominent global growth equity firm. While their specific investment focus is broad, they typically back companies poised for significant expansion and market leadership.
Addition Ventures
Addition Ventures is an investment firm that likely focuses on providing capital to companies with strong growth potential. Their involvement suggests a belief in dLocal's market strategy and future scalability.
Tiger Global
Tiger Global is a global investment firm known for its significant investments in technology and internet companies. Their participation indicates a strong endorsement of dLocal's position in the fintech and payments sector.
What's next for dLocal?
The recent major strategic investment in dLocal signals a pivotal moment for the company, likely indicating a transition into a scaling phase. This infusion of capital is expected to fuel further technological development, market penetration, and expansion into new geographic regions. The company's focus on simplifying cross-border payments positions it to capitalize on the growing global e-commerce landscape, with strategic initiatives likely centered on enhancing its platform's capabilities and broadening its merchant network. Future growth will probably involve strategic partnerships and continued innovation in payment processing.
See full dLocal company page
