DLocal Stock News

MONTEVIDEO, Uruguay, July 22, 2024 (GLOBE NEWSWIRE) -- DLocal Limited (NASDAQ: DLO, “dLocal” or the “Company”), a technology-first payments platform enabling global enterprise merchants to connect with billions of consumers in emerging markets, intends to release financial results for its second fiscal quarter ended June 30, 2024 on August 14, 2024 after market close.

In the last few years, technological advancements in the fintech sector have put several fintech stocks to buy in the limelight.  For the uninitiated, fintech refers to companies that offer technology solutions for money management.

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This South American company is still profitable and growing fast.

An underbanked and heavily cash-based economy offers fertile ground for a trio of fintech-oriented companies offering mobile financial services in Mexico, according to analysts at Susquehanna Financial Group.

UiPath is operating in a rapidly expanding field. dLocal's services are bringing commerce to all corners of the globe.

DLocal had to renegotiate with one of its top customers -- a troubling sign that shareholders hope doesn't become a trend. Management is buying back stock to communicate its confidence in the viability of its business.