The Roundtable 100 analysts moved dLocal Limited (Nasdaq: DLO) six places higher this week. Founded in 2016, dLocal is a Uruguayan fintech firm that provides cross-border payments, connecting
The Roundtable 100 analysts moved dLocal Limited (Nasdaq: DLO) six places higher this week.
Founded in 2016, dLocal is a Uruguayan fintech firm that provides cross-border payments, connecting global merchants to emerging markets.
The company has offices in Montevideo (Uruguay), São Paulo (Brazil), San Francisco (U.S.), London (U.K.), Tel Aviv (Israel), and Shenzhen (China).
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Published with TheStreet, the Roundtable 100 ranks 100 publicly traded technology growth assets. The Blue Ribbon Committee analysts score each asset on team, safety, value, innovation, and market dominance, with the average forming its power ranking.
The RTB100 analysts lifted dLocal from No. 61 to No. 55 this week. The Blue Ribbon Committee member Aly Madhavji, managing partner of Blockchain Founders Fund, explained the ranking boost. He pointed to the Latin American fintech's quarterly payment volume, which jumped 92% to $17.7 billion.
Check out dLocal's score on the Roundtable 100
dLocal CEO Pedro Arnt's 12-year tenure as CEO at MercadoLibre — Latin America's largest e-commerce company — was also a factor he highlighted behind the ranking boost.
The bigger opportunity, the RTB100 analyst said, isn't just LATAM but dLocal's "position connecting global merchants to emerging markets."
See the full ranking.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investments are subject to market risk. Always conduct your own research before making any investment decisions.
Disclosure: RTB Digital, Inc. (Nasdaq: RTB), publisher of the Roundtable 100, is itself a ranked constituent of the index. The Roundtable 100 is published for informational purposes only and is not investment advice, an offer, or a recommendation to buy or sell any security, commodity or digital asset. Rankings reflect the views of Roundtable analysts as of the ranking date. Investing involves risk, including loss of principal.
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