The Montevideo, Uruguay based company is working with banks including JPMorgan Chase on a listing that could occur as soon as this year, and is set to be valued at more than $5b. Founded in 2016, DLocal counts General Atlantic, Tiger Global, D1 Capital Partners, Bond and Alkeon Capital among its investors.
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Payments startup DLocal said to confidentially file for IPO
DLocal joins a flurry of payments companies that are set to go public. Paymentus Holdings Inc., PicS Ltd. and Flywire Corp. have filed paperwork with the Securities and Exchange Commission ahead of their own IPOs. Marqeta is also planning an IPO as soon as this year, Bloomberg News has reported.
