DLocal Ltd Class A

DLocal Limited (NASDAQ: DLO) builds financial infrastructure connecting global enterprises with billions of emerging market consumers across more than 60 countries in Africa, Asia, the Middle East, and Latin America. Through its 'One dLocal' platform — a single API, single platform, and single contract — the company enables international merchants to accept payments (pay-ins), send payouts, and settle funds without needing to manage multiple local entities and integrations. The company processes both cross-border and local-to-local payment transactions, serving merchants generally located in developed economies (primarily the United States, Europe, and China) who need to transact with end customers in emerging markets. dLocal is licensed and regulated in the EU as an Electronic Money Issuer and Payment Institution, registered as a Money Service Business with FinCEN, and holds an Authorized Payment Institution license in the United Kingdom. The company operates as a single segment — payment processing — and its revenue is derived from transaction processing fees, foreign exchange fees, installment fees, and other transactional charges. As of Q2 2026, two merchants individually accounted for more than 10% of total revenue, and the top 10 merchants represented 61% of revenue. The company has a dual-class share structure with Class A shares (one vote each) and Class B shares (five votes each). Updated Aug 13, 2026