What is dLocal?
Founded in 2016 and headquartered in Montevideo, Uruguay, dLocal operates a sophisticated single API platform designed to streamline mass online payments. This integrated solution eliminates the need for businesses to manage multiple paying and payout processors, establish numerous local entities, or integrate a multitude of isolated acquirers and payment methods. dLocal's technology empowers companies to navigate the complexities of global e-commerce transactions with enhanced efficiency and broader market reach.
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 Addition Ventures and General Atlantic Service Company, L.P.
Other Financing Round (2021): $150M supported by D1 Capital Partners, Tiger Global, and Alkeon Capital Management
Stock Issuance/Offering (2021): $617.7M, investors not publicly disclosed
Key Investors in dLocal
Tiger Global
Tiger Global is an investment firm known for its significant backing of technology companies, often participating in large funding rounds to support scaling and market expansion.
D1 Capital Partners
D1 Capital Partners is an investment firm that typically engages in significant capital allocations, often focusing on growth-stage companies with strong market potential.
Addition Ventures
Addition Ventures is a venture capital firm that provides strategic investment and operational support to technology companies, aiming to foster innovation and market leadership.
What's next for dLocal?
With a significant capital injection from its recent major strategic investment, dLocal is poised for accelerated growth and expansion. The company's focus on simplifying cross-border payments positions it advantageously in the rapidly evolving digital commerce landscape. Future strategic initiatives are likely to involve further technological enhancements to its API platform, broadening its payment network, and deepening its market penetration in emerging economies. This latest round of financing will be instrumental in scaling operations and solidifying its competitive edge in the global fintech sector.
See full dLocal company page
