Fintech dLocal’s profits surge 47% in fourth quarter.

March 18, 2024
1 min read


  • Uruguayan fintech company dLocal’s fourth-quarter profits increased by 47% to $28.5 million.
  • Revenues for the last three months of 2023 rose by 59% to $188 million.

Fintech dLocal, operating in Latin America, Africa, and Asia for clients like Netflix and Amazon, saw a significant increase in profits and revenues in the fourth quarter. Despite a devaluation of the Argentine peso in December affecting profits, the company remains focused on growth. With a focus on strengthening existing operations, dLocal is investing in additional hires, upgraded operations, and licensing for long-term growth.

Don't Miss