DLO

Dlocal Limited

A payments technology company that lets global merchants—like streaming, ride-hailing, and e-commerce giants—accept local payment methods in emerging markets across Latin America, Africa, and Asia, all through one platform. It was founded in 2016 in Montevideo, Uruguay, by Sergio Fogel and Andrés Bzurovski, who had earlier built the payments firm AstroPay. The name comes from its focus on "localizing" cross-border payments, and dLocal became Uruguay's first unicorn before listing on Nasdaq in 2021.