🇺🇾 DLocal is exploring a potential sale

Uruguayan payments provider DLocal, valued at US$3.6 billion, is exploring a potential sale with Morgan Stanley assisting in evaluating interest from private equity firms and Fintech companies.

This marks the company's second attempt at a sale, following a failed effort last year over financial disagreements.

The move reflects growing consolidation in the  payments sector, which faces slowing growth and competitive pressures despite a pandemic-era boom. 

Operating across Latin America, Africa, and Asia, DLocal serves major clients like Amazon and Google.