See other companies on Welcome to the Jungle

dLocal

Emerging markets payments platform

dLocal logo
501-1000 employees
  • B2C
  • Enterprise
  • Marketplace
  • Payments
  • SaaS
  • eCommerce
Tres Cruces, Montevideo, Montevideo Department

Company mission

To enable global merchants to connect seamlessly with billions of emerging market users.

Top investors

Few candidates hear
back within 2 weeks

25% employee growth in 12 months

Our take

It is clearly evident that there is a massive payments gap between developed countries and emerging economies, with consumers in many countries having little or no access to modern, innovative options. dLocal was established in Uruguay to address this gap, which it aims to close not only for its neighbouring countries but across the globe.

Through its unique "One dLocal" concept (one direct API, one platform, and one contract), global companies can accept payments, send pay-outs and settle funds globally without separately managing pay-in and pay-out processors. The company also supplies a defense suite and local issuing for virtual and physical pre-paid cards in Latin America, as well as tools for building payments infrastructure for platforms and marketplaces.

Since being founded in 2016, the company has expanded across Uruguay, the USA, Israel, Brazil and Europe, powering growth in emerging economies in LATAM, APAC, the Middle East and North Africa. The company has seen significant growth while remaining confident and committed to its original mission. A recent development was its licensing by Brazil’s Central Bank as a payments institution, which means it can accept deposits from the public, manage e-wallets, and participate directly in Brazil’s payments systems.

Kirsty headshot

Kirsty

Company Specialist at Welcome to the Jungle

Funding (last 2 of 3 rounds)

Apr 2021

$150m

LATE VC

Sep 2020

$200m

SERIES A

Total funding: $357m

This company has top investors

Leadership

Co-founded multiple companies, such as AstroPay, and is an Official Member of the Forbes Finance Council.

Was General Manager at AstroPay before becoming CEO for 2 years.

Jobs (18)

All locations

Software Engineering

Operations & Strategy