Nov 12 (Reuters) -

Uruguayan fintech firm dLocal on Wednesday reported

a 37% rise in third-quarter core profit to $71.7 million,

beating analysts' estimates of $63.3 million.

Revenues for the payments provider, which operates across more

than 40 emerging markets, meanwhile jumped 52% to $282 million,

above the $255.4 million forecast by analysts, supported by

higher payment volumes.

Net profit climbed 28% year-on-year to $51.8 million,

though it slipped from the previous quarter due to a $13.1

million short-term hit from Argentina flow restructuring, which

the company expects to reverse in coming quarters.

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

unicorn. It listed in New York in 2021, and its market

capitalization currently stands at around $4.17 billion.

The stock has climbed some 34% so far this year.