DLocal Limited Class A Common Shares

DLocal Ltd. engages in the business of simplifying and redefining online payments experience. The company employs 1,274 full-time employees The company went IPO on 2021-06-03. The firm offers payment platform for emerging markets. Through the Company's direct application programming interface (API), one technology platform, and one contract, which is collectively referred as the One dLocal model. The firm enables global enterprise merchants to get paid (pay-in) and to make payments (pay-out) online in a safe and efficient manner. The firm's cloud-based platform powers both cross-border and local-to-local transactions in approximately 29 countries. The firm enables global merchants to connect with over 600 local payment methods across different geographies, which expands their addressable markets. The company operates in different verticals and geographies. The firm's key verticals include retail, streaming, ride hailing, financial institutions, advertising, software as a service (SaaS), travel, e-learning and gaming.