DLO

DLocal enables merchants to access local payment methods in 60+ markets via API, driving rapid TPV growth and high client retention. DLO's gross profit grew 28.6% YoY in Q2 2026 despite take-rate compression, as volume discounts for large partners are offset by expanding transaction volumes. The stock trades at a forward P/E of 16.9, 78% below its 2021 peak, with market skepticism focused on margin compression as local-to-local flows and large merchants increase.

dLocal (DLO) offers a single integration for global merchants to access 60+ emerging markets, driving strong TPV and revenue growth. Take-rate compression, now at 0.71%, is driven by merchant mix, volume tiers, and local-to-local transaction growth, not just competition. DLO trades at a discount to peers like Adyen and EBANX, with a compelling PEG ratio and 4x 2025 sales, supporting attractive risk/reward.

Here is how DLocal (DLO) and Paymentus (PAY) have performed compared to their sector so far this year.

DLocal Limited (DLO) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript

Some of the more intriguing setups in the market right now are the ones quietly building bases, well away from the headlines dominated by AI and mega-cap technology.

Dave and dLocal are profitable fintech growth stories, but their growth drivers, valuations and risk profiles differ sharply for investors now.

Mobile payments are gaining momentum as digital wallets, instant payments and embedded finance reshape global commerce. RELY, PAY, DLO and MQ could be among the biggest beneficiaries.

The consensus price target hints at a 28.5% upside potential for DLocal (DLO). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

dLocal brings local payment depth across Latin America, Africa, the Middle East and Asia to UATP's network of airlines and travel merchants. WASHINGTON, Aug. 18, 2026 /PRNewswire/ -- UATP, the global network enabling organizations to simplify payment processes and expand their payment capabilities, has named dLocal (NASDAQ: DLO), the leading cross-border payment platform connecting global merchants to emerging markets as the newest payment processing partner for UATP One, its merchant services platform.

DLocal Limited (DLO) Q2 2026 Earnings Call Transcript