DLocal Limited reported accelerating TPV growth in Q3, showing strength across most verticals. The performance again varied by market. The market is again concerned with DLocal's take rate, as previous stabilization ended in Q3. Pricing pressure hasn't ultimately offset the TPV surge as DLocal's earnings continue to grow.
Uruguayan-based fintech leader dLocal NASDAQ: DLO delivered another strong quarter of growth, posting impressive Q3 2025 results that topped expectations across nearly every metric. The company continues to demonstrate momentum after a stellar Q2, reinforcing its position as one of Latin America's most dynamic fintechs.
DLocal Limited ( DLO ) Q3 2025 Earnings Call November 12, 2025 5:00 PM EST Company Participants Mirele de Aragao - Head of Investor Relations Pedro Arnt - CEO & Director Jeffrey Brown - Interim Chief Financial Officer Conference Call Participants Daer Labarta - Goldman Sachs Group, Inc., Research Division Matthew Coad - Truist Securities, Inc., Research Division Guilherme Grespan - JPMorgan Chase & Co, Research Division James Friedman - Susquehanna Financial Group, LLLP, Research Division Neha Agarwala - HSBC Global Investment Research Presentation Operator [Operator Instructions] I will now hand the call over to the company. Mirele de Aragao Head of Investor Relations Good afternoon, everyone, and thank you for joining the third quarter 2025 earnings call.
| Transportation Infrastructure Industry | Industrials Sector | Pedro Arnt CEO | NASDAQ (NGS) Exchange | G29018101 CUSIP |
| UY Country | 1,095 Employees | - Last Dividend | - Last Split | 3 Jun 2021 IPO Date |
DLocal Limited is a leading payment processing company that facilitates global financial transactions. Founded in 2016 and based in Montevideo, Uruguay, the company specializes in bridging the gap between merchants and their customers through a comprehensive payment platform that operates worldwide. By catering to a wide range of industries including commerce, streaming, ride-hailing, financial services, advertising, SaaS, travel, e-learning, on-demand delivery, gaming, and crypto, DLocal Limited ensures a seamless payment experience across diverse market sectors. Its expertise in handling both pay-in and pay-out processes makes it an indispensable tool for businesses looking to expand their reach in the global marketplace.
Pay-In Solution: This service enables businesses to receive payments for their products and services using a variety of methods. These include international and local cards, online bank transfers and direct debits, cash payments, and alternative payment options. The flexibility and range of payment methods available help merchants cater to a global customer base with differing payment preferences.
Pay-Out Solution: Specifically designed for merchants aiming to scale their pay-out operations, this service streamlines the process of disbursing funds to beneficiaries. It's essential for businesses that have a need to manage payments to suppliers, service providers, or employees, especially when they are spread across different geographic locations.
dLocal for Platforms: An end-to-end payment solution tailored for platforms that require a comprehensive service for managing payments. This offering integrates a variety of services designed to help platforms support the payment needs of their customers, including the facilitation of both incoming and outgoing payments. It's built to support platforms in managing large volumes of transactions efficiently and securely.