Aug 13 (Reuters) - Uruguayan fintech dLocal on

Wednesday raised its forecasts for 2025, predicting higher

ranges for its revenue and profit growth, after earnings surged

ahead of analyst forecasts helped by solid results in Brazil and

Mexico.

The payments provider, which operates across emerging

markets, now predicts a total payment volume (TPV) up 40%-50%

compared to the $25.6 billion it recorded last year, when this

figure shot up some 45%.

This also brought up the group's guidance for revenue,

gross profit and adjusted earnings before interest taxes

depreciation and amortization (EBITDA), the latter which is also

expected to rise 40%-50% from 2024, when it shrunk 7% to $189

million.

Dlocal ( DLO ) had previously guided for TPV up 35%-45% and

adjusted EBITDA up 20%-30%.

DLocal ( DLO ) launched in 2016 and quickly became Uruguay's

first unicorn, a private start-up valued at over $1 billion.

Five years later, it listed in New York at a value of around $9

billion, though this has since dipped to around $3.1 billion.

For the three months ended June, dLocal posted adjusted

EBITDA up 64% at $70.1 million from revenues that climbed 50% to

$256.5, both landing

comfortably above

the forecasts of analysts polled by LSEG.

TPV, a key metric that shows how widely the service is

used, grew 53%.

While the firm said it was optimistic about its

momentum, it highlighted risks such as increased trade barriers,

shifting fiscal regimes in Brazil and currency risks in

Argentina and Egypt.