Inside a payments fintech s quest to raise its profile americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.
3 June 2021 Uruguay’s first Unicorn fintech payments company Q&A Ahead of its expected IPO on NASDAQ, Information Age spoke to dLocal about its rise to Uruguay s first Unicorn company and the major fintech trends at
What has caused dLocal s significant growth in the fintech space?
dLocal, a Unicorn fintech payments company, is expected to make an IPO on NASDAQ, on Thursday June 3rd 2021.
Headquartered in Uruguay, dLocal is the country’s first Unicorn. It operates in 29 countries in Asia, Africa and Latin America, enabling global merchants to get paid and make payments securely, both cross-border and local-to-local. Its main clients are in streaming, financial institutions, advertising, SaaS, travel, e-learning and gaming.
dLocal s $5 billion valuation shows investors fervor for cross-border payments paymentssource.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from paymentssource.com Daily Mail and Mail on Sunday newspapers.
Which means that the five-year-old Uruguayan firm has successfully quadrupled its valuation in a matter of months.
Alkeon Capital led the most recent spherical, which additionally included participation from BOND, D1 Capital Companions and Tiger World. Normal Atlantic led its earlier round, which closed final September and made dLocal Uruguay’s first unicorn and certainly one of Latin American’s highest-valued startups.
DLocal connects world enterprise retailers with “billions” of rising market customers in 29 international locations throughout Asia-Pacific, the Center East, Latin America and Africa. Greater than 325 world retailers, together with e-commerce retailers, SaaS firms, on-line journey suppliers and marketplaces use dLocal to simply accept over 600 native cost strategies. In addition they use its platform to situation funds to their contractors, brokers and sellers. A few of dLocal’s clients embrace Amazon, Reserving.com, Dropbox, GoDaddy, MailChimp, Microsoft,