dLocal Group raises $200m in new funding at a $1.2b valuation

Sarah Wolter

September 15, 2020

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Sarah Wolter

Uruguay based provider of payment processing solutions in emerging markets raised $200m in new funding led by General Atlantic.

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“I am extremely proud of what the team at dLocal has achieved since we started serving global ecommerce players four years ago,” said Sebastián Kanovich, CEO of dLocal. “Beyond securing unicorn status and becoming one of the highest-valued Latin American financial technology companies supporting global merchants, we are expanding access and helping those in emerging markets connect to ecommerce, building reliable payment technology tailored to specific local needs, constantly improving our products and growing our global footprint.”

https://www.businesswire.com/news/home/20200915005302/en/dLocal-Achieves-1.2B-Valuation-After-Securing-New-200M-Investment/?feedref=JjAwJuNHiystnCoBq_hl-d2-_-DMJyMm3uYmtOy2XFwcvlLbwpKQTgkxGMXSeZO97dI9_69nqXXndEkzoNy31peBvhKXN8xoKDPrCnMXhC58cMd5Jhr97vTYoLZQbGkSxJ0LM3ryl-yrNKrvMa0Wtg%3d%3d