dLocal Announces Launch of Secondary Offering
Summary
dLocal announced the start of a secondary offering of 15 million Class A shares by a shareholder affiliated with General Atlantic. The company itself is not selling shares and will not receive any proceeds from the transaction. Major investment banks are leading the underwriting process for the offering. dLocal also describes its platform as a way for global merchants to manage local payments, payouts, and settlement across emerging markets.
Classifications
industries
Fintech & Banking
applications
Accounting and Taxes
AskAI Classifications
Labels
Payments Software
Fintech Infrastructure
API Platform
Linked Companies
dLocal
$500M to $1B