Main Activities
dLocal's primary activity is to provide cross-border payment solutions for companies wishing to operate in emerging markets. The company offers a platform that allows international merchants to accept local payments and to make outbound payments in more than 40 countries. Products and services include payment processing, recurring payment management, currency conversion, as well as mobile payment and e‑wallet solutions. dLocal primarily serves global e‑commerce companies, digital services, streaming platforms, marketplaces, and mobile applications that wish to reach customers in the emerging markets of Latin America, Asia, Africa, and the Middle East.
History
dLocal is a technology company specializing in payment solutions for emerging markets. Here are the key milestones in its history and development:
- Creation and mission: dLocal was founded to connect global businesses with consumers in emerging markets, simplifying the acceptance and sending of local payments in Africa, Asia, and Latin America.
- Product development: The company offers a single platform (1 API) bringing together 5 main products: Payins (local collection), Payouts (outgoing payments in local currency), dLocal for Platforms (payment management for platforms), Defense Suite (fraud management), and Invoice Collection (collection of payments in local currency).
- Geographical expansion: dLocal covers more than 40 countries and offers over 900 local payment methods, enabling businesses to reach billions of consumers in high-growth markets.
- Clients and sectors: dLocal works with more than 700 major global companies (Amazon, Microsoft, Google, Spotify, Nike, Booking.com, etc.) in various sectors: digital, subscriptions, e-commerce, fintech, travel, mobility, crypto, etc.
- IPO: dLocal is listed on NASDAQ under the symbol DLO, marking a key milestone in its international growth.
- Recent partnerships and innovations:
- Launch of BNPL Fuse, the first "Buy Now, Pay Later" aggregator for emerging markets.
- Partnerships with DHL Express Brazil (Pix payment automation), Amway (local payments in Latin America), HONOR (localized payments in Peru), Convera (acceleration of global payments), Yuno (simplified expansion for businesses), Alchemy Pay (crypto-fiat payments), Circle Payments Network (payouts in stablecoins), Félix (instant remittances via WhatsApp), Stable Sea (B2B payments in stablecoins).
- Deployment of innovative solutions such as "Pix with Biometrics" in Brazil and "Bre-B" for instant payments in Colombia.
- Strategic changes: dLocal continuously adapts its offering to meet the evolving needs of emerging markets, integrating new payment methods (QR codes, wallets, mobile money, etc.) and strengthening security and compliance.
- Key figures (2024): $25.6 billion in payments processed, more than 1,000 employees, presence in over 40 countries.
dLocal thus stands out as a key player in international payments, facilitating access to emerging markets for companies worldwide.
Team
The founder of dLocal is Sebastián Kanovich, who also serves as CEO (Chief Executive Officer). Among the main members of the executive team are Jacobo Singer (President), Sumita Pandit (COO - Chief Operating Officer), and Diego Cabrera Canay (CFO - Chief Financial Officer). The executive team also includes other executives responsible for the company’s operations, technology, and strategy.
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