dLocal Limited is a Uruguayan financial technology company founded in 2016 that specializes in cross-border payments, enabling global merchants to connect with emerging markets. It quickly became the first unicorn startup from Uruguay, reflecting its rapid growth and innovation in the fintech space. The company went public on June 3, 2021, achieving a stock market valuation of $9.5 billion and listing on Nasdaq, making it the second Uruguayan company to reach Wall Street.
Headquartered in Montevideo, Uruguay, at Dr. Luis Bonavita 1294, dLocal has expanded internationally with offices in major cities such as São Paulo, San Francisco, London, Tel Aviv, and Shenzhen. It employs over 800 professionals who work under a ‘Work From Anywhere’ policy, emphasizing flexibility while maintaining strong local and global perspectives.
The founders, Andrés Bzurovski and Sergio Fogel, are recognized among the world’s wealthiest individuals according to Forbes, underscoring the company’s significant market impact. dLocal offers a suite of financial technology products primarily focused on facilitating payments, including ‘Pay-ins’ among others, to streamline international transactions across diverse markets.
Committed to combining local values with a global outlook, dLocal aims to create infrastructure that improves international payment systems for both merchants and consumers in emerging economies. This mission not only drives its operations but also positions dLocal as a key player in the global fintech industry, bridging payment solutions between developed and developing markets through innovative technology and strategic partnerships.