initial public offerings (IPOs) trading on American exchanges

Thursday, June 3, 2021

DLocal Limited (DLO) began trading on the Nasdaq on Thur 3 June 21

DLocal Limited operates a payments platform worldwide. Its platform enables enterprise merchants to connect with consumers in emerging markets, accept payments, send payouts, and settle funds. 
The platform integrates more than 300 payment methods to expand the access to international electronic commerce. Available options include cash payment, for example, Bank Ticket in Brazil and RapiPago in Argentina, digital payment options such as UPI and NetBanking in India, and UnionPay in China, bank transfers in 13 countries as well as local cards. 
  • Sector(s): Technology
  • Industry: Software—Infrastructure
  • Full Time Employees: 365
  • Founded in 2016 
  • Headquartered in Montevideo, Uruguay
dLocal Limited opened at $31 after pricing 29.4 mln share IPO at $21.00 per share, above the expected range of $16.00-18.00

Sebasti├ín Kanovich, CEO 
Sebastián studied Economics, Entrepreneurship & Innovation, and Management of Technology Business at Tel Aviv University.

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