# DLocal

> Mediated Wiki article. Canonical URL: https://mediated.wiki/source/DLocal
> Markdown URL: https://mediated.wiki/source/DLocal.md
> Source: https://en.wikipedia.org/wiki/DLocal
> Source revision: 1350516739
> License: Creative Commons Attribution-ShareAlike 4.0 International (https://creativecommons.org/licenses/by-sa/4.0/)

**dLocal Limited** is a Uruguayan [financial technology](/source/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](/source/Unicorn_(finance)). The company has offices in [Montevideo](/source/Montevideo), [São Paulo](/source/S%C3%A3o_Paulo), [San Francisco](/source/San_Francisco), [London](/source/London), [Tel Aviv](/source/Tel_Aviv) and [Shenzhen](/source/Shenzhen).[1]

As of 3 June 2021, dLocal went public, reaching a stock market valuation of US$9.5 billion.[1] It is listed at [Nasdaq](/source/Nasdaq),[2] being the second Uruguayan company in history to reach Wall Street after [Starmedia](/source/Starmedia) in the 1990s.[1]

In 2021, dLocal acquired payments provider PrimeiroPay for $40 million.[3]

In June 2025, dLocal announced plans to acquire AZA Finance, an African payments provider, for a reported $150 million.[4]

In January 2025, dLocal secured an Authorised Payment Institution license from the United Kingdom's [Financial Conduct Authority](/source/Financial_Conduct_Authority), enabling the company to onboard UK merchants through its local entity, dLocal Opco UK.[5]

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.[6]

Their founders, Andrés Bzurovski and [Sergio Fogel](/source/Sergio_Fogel), are among the 2,000 richest people in the world, according to [Forbes](/source/Forbes).[7]

## References

1. ["All about the first Uruguayan unicorn"](https://www.teledoce.com/telemundo/nacionales/que-es-y-como-funciona-dlocal-la-primera-empresa-unicornio-del-uruguay/) (in Spanish). *[Teledoce.com](/source/Teledoce)*. 16 September 2020.

1. ["dLocal goes public"](https://www.swissinfo.ch/spa/uruguay-empresas--actualizaci%C3%B3n-_salida-de-dlocal-al-nasdaq--un--camino-que-se-abre--para-emprender-en-uruguay/46676114) (in Spanish). *[swissinfo.ch](/source/Swissinfo.ch)*. 3 June 2021.

1. ["Cross-Border Payment Firm Accelerates Expansion Plans"](https://etfdb.com/emerging-markets-channel/cross-border-payment-firm-accelerates-expansion-plans/). *ETF Database*. Retrieved 2025-07-30.

1. ["Uruguay’s DLocal Agrees to Buy AZA Finance in Africa Push"](https://www.bloomberg.com/news/articles/2025-06-03/dlocal-said-to-near-150-million-deal-for-aza-in-africa-push). *Bloomberg.com*. [Archived](https://web.archive.org/web/20250725212255/https://www.bloomberg.com/news/articles/2025-06-03/dlocal-said-to-near-150-million-deal-for-aza-in-africa-push) 2025-07-25 at the Wayback Machine. Retrieved 2025-07-30.

1. Browne, Ryan (7 January 2025). ["dLocal, Latin America's answer to Stripe, wins UK license in global expansion push"](https://www.cnbc.com/2025/01/07/latin-american-stripe-rival-dlocal-acquires-uk-payments-license.html). *CNBC*. Retrieved 2026-04-22.

1. ["Emerging Market Payments Provider DLocal Plans a Push Into Asia"](https://www.bloomberg.com/news/articles/2026-01-15/emerging-market-payments-provider-dlocal-plans-a-push-into-asia). *Bloomberg*. 15 January 2026. Retrieved 2026-04-22.

1. ["Two Uruguayans among Forbes' new billionaires"](https://www.elobservador.com.uy/nota/dos-uruguayos-entre-los-nuevos-billonarios-de-forbes-gracias-a-dlocal-202245121543) (in Spanish). *[El Observador](/source/El_Observador_(Uruguay))*. 6 April 2022. Retrieved 6 April 2022.

## External links

- [Official website](https://dlocal.com/)

---
Adapted from the Wikipedia article [DLocal](https://en.wikipedia.org/wiki/DLocal) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/DLocal?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.