The sources stressed that there is no certainty of a deal being sealed. Credit: Ground Picture/ Shutterstock.

Uruguay-based payments provider dLocal has engaged Morgan Stanley to assist it with a potential sale, reported Reuters, citing undisclosed sources. 

With a market value of about $3.6bn, the payments company is currently assessing interest from potential buyers, according to sources. 

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The list of potential buyers includes private equity houses and financial technology companies. However, the sources stressed that there is no certainty of a deal being sealed. 

Last year too, the company initiated a sale process with investment bankers but failed to reach an agreement on financial terms with interested parties, one source revealed. 

Operating across most of Latin America, as well as in select regions of Africa and Asia, dLocal counts Amazon, Microsoft, and Google, among others, as clients.  

General Atlantic is the company’s largest shareholder. 

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The shares of dLocal have been traded on the New York Stock Exchange since 2021. 

The company reported a five percent increase in gross profit in its latest quarterly earnings.  

Its business model, known as the “One dLocal” concept, streamlines the process for global merchants to engage with consumers in various markets.  

The company offers a direct API, a single platform, and one contract, allowing businesses to manage payments and settlements efficiently without the need to navigate multiple local payment processors and legal entities. 

Last month, dLocal secured certification as a payment initiation service provider (PISP) for Pix in Brazil.  

This certification allows dLocal to support Pix payments within Brazil’s Open Finance ecosystem.