Net income for Uruguayan fintech Dlocal down by half in first quarter-February 2024-www.financetom.com

Net income for Uruguayan fintech Dlocal down by half in first quarter

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Net income for Uruguayan fintech Dlocal down by half in first quarter

May 14, 2024 2:03 PM

May 14 (Reuters) - Uruguayan digital payments company

dLocal reported on Tuesday that its first quarter net

income slid by 50.1% compared to the same period last year to

total $17.7 million, the firm announced in a statement.

The fintech said revenues for the first three months of the

year rose by 34% to reach $184 million.

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