400+
merchants and PSPs use dLocal’s in emerging markets
dLocal History
-
2016
dLocal is born launching its Payins and Payouts solutions in 8 countries. Argentina, Brazil, Chile, China, Colombia, Mexico,Turkey, and Uruguay.
-
2017
dLocal expands to Peru, now operating in 9 countries and launches its Marketplace solution.
New features launched:
• Instant Confirmation Cash Payments
• Direct Debit in Argentina
• Card Tokenization
• Payouts Dashboard
Improved functionalities:
• Smart routing 1.0
• Fallback routing
• Local multi-acquiring feature
• APM reminders -
2018
dLocal expands to India, Morocco and Paraguay, now operating in 12 countries.
New features launched:
• New API 2.0
• Subscription payments with recurring payments
• BIN detector
• Smart Fields
• Campaign and promotional codes
Improved functionalities:
• enabling Payouts in hold
• Direct APMs -
2019
dLocal expands to Ecuador, Indonesia, South Africa and Nigeria, now operating in 16 countries and welcomes GA as an investor.
New features launched:
• Local-to-local payments service
• Digital gift cards as a mean of payment for subscription in advance
• Invoice and payment information to end users in India
Improved functionalities:
• Pay-outs payments to digital accounts
• Added a smart routing layer
• Fraud solution 2.0
-
2020
dLocal expands to Egypt, Bolivia, Cameroon, Ghana, Kenya, Senegal, Panama, Bangladesh, Costa Rica and Philippines now operating in 26 countries and achieves unicorn status following a secondary round of US$20M investment led by GA, reaching the US$1.2B valuation.
New features launched:
• Fraud prevention API
• Multi-currency settlement
• Pay-outs through Secure File Transfer Protocol
Improved functionalities:
• Tax manager 2.0
• New Merchant Dashboard -
2021
dLocal expands to Malaysia, Vietnam, and the Domenican Republic and closes a new round of $150M investment led by Alkeon Capital alongside BOND, D1 Capital Partners, and Tiger Global, reaching the US$ 5B valuation.
New features launched:
• Issuing as a service