dLocal operates a payments technology platform that facilitates mass online payments in emerging markets, including Latin America, Asia-Pacific, and Europe, the Middle East, and Africa. Founded in 2016 and based in Montevideo, Uruguay, the company serves over 450 global e-commerce merchants, online travel providers, and marketplaces. Its platform, One dLocal, allows businesses to accept a diverse range of over 300 local payment methods, including credit and debit cards, bank transfers, and cash payments, while also enabling them to issue payments to contractors and sellers in these markets. By acting as both the payments processor and merchant of record, dLocal simplifies the payment experience for companies, helping them reach approximately 2 billion digitally-savvy consumers. The company generates revenue through fees charged for its payment processing services, with a significant portion coming from Brazil.