Fintech dLocal more than doubles net profit in first quarter-March 2024-www.financetom.com

Fintech dLocal more than doubles net profit in first quarter

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Fintech dLocal more than doubles net profit in first quarter

May 26, 2025 8:05 AM

May 14 (Reuters) - Uruguayan fintech dLocal on

Wednesday announced a first-quarter net profit of $46.63

million, more than doubling from a year earlier and landing

above the $36.4 million estimate of analysts polled by LSEG.

Revenues for the payments provider, which operates across

over 40 markets in Africa, Asia and Latin America, meanwhile

climbed 18% to $216.8 million, above the $210.1 million forecast

by analysts.

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