DLocal files confidentially for U.S. IPO: Bloomberg

DLocal, a Uruguay-based payments startup, has confidentially filed for a U.S. IPO, reported Bloomberg.

DLocal, a Uruguay-based payments startup, has confidentially filed for a U.S. IPO, reported Bloomberg. The news outlet noted that the listing could occur as soon as this year. JPMorgan is reportedly one of the banks that DLocal is working with on the IPO. DLocal’s backers include General Atlantic, Tiger Global, D1 Capital Partners, Bond and Alkeon Capital.

Source: Bloomberg