DLocal Limited (DLO) operates a payments platform worldwide.

Its platform enables enterprise merchants to connect with consumers in emerging markets, accept payments, send payouts, and settle funds.

The company serves customers in various industries, such as SaaS, shared economy and marketplaces, online retail, digital media, financial services, and travel and tourism. DLocal Limited was founded in 2016 and is headquartered in Montevideo, Uruguay.

Dlocal Limited reported 2nd Quarter June 2021 earnings of $0.06 per share on revenue of $59.0 million. The consensus earnings estimate was $0.05 per share on revenue of $38.4 million.

After a strong earnings report, this stock should see an increase in share prices as it just added three countries to its network for service: Vietname, Malaysia, and Guatemala.