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dLocal Priced, Nasdaq: DLO

Provides payment processing for global merchants in emerging markets.

Industry: Technology

Latest Trade: $14.53 0.00 (0.0%)

First Day Return: +54.2%

Return from IPO: -30.8%

Industry: Technology

dLocal is focused on making the complex simple, redefining the online payments experience in emerging markets. Through one direct API, one technology platform, and one contract, which we collectively refer to as the One dLocal model, we enable global enterprise merchants to get paid (pay-in) and to make payments (pay-out) online in a safe and efficient manner. Merchants on our platform consistently benefit from improving acceptance and conversion rates, reduced friction, and improved fraud prevention, leading to enhanced potential interaction with nearly 2 billion combined internet users in the countries we serve (excluding China). Our proprietary, fully cloud-based platform has the ability to power both cross-border and local-to-local transactions in 29 countries as of the date of this prospectus (which includes seven new countries where we have recently made our services available but have not yet processed volume). Our solutions are built to be both payment method-agnostic and user friendly. We enable global merchants to connect with over 600 local payment methods (some of which are financial institutions) across our different geographies, thus expanding their addressable markets. Furthermore, our proprietary technology architecture is highly scalable and flexible, allowing us to constantly and rapidly innovate in response to market demand, expand to new countries and enhance our value proposition for our merchant clients.
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IPO Data
IPO File Date 05/05/2021
Offer Price $21.00
Price Range $16.00 - $18.00
Offer Shares (mm) 29.4
Deal Size ($mm) $618
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 06/02/2021
Offer Price $21.00
Price Range $16.00 - $18.00
Offer Shares (mm) 29.4
Deal Size ($mm) $618
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
J.P. Morgan
Goldman Sachs
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Company Data
Headquarters Montevideo, Uruguay
Founded 2016
Employees 365
Website dlocal.com

dLocal (DLO) Performance