Uruguay's dLocal remains 'extremely bullish' on new client opportunities-COO

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Uruguayan payments firm dLocal remains 'extremely bullish' on new client opportunities as the company continues to expand into emerging markets, a company executive said in a call with analysts Wednesday. The company, which expanded into Rwanda and the Ivory Coast in the first quarter, continues to see op

Uruguayan payments firm dLocal remains"extremely bullish" on new client opportunities as the company continues to expand into emerging markets, a company executive said in a call with analysts Wednesday.

Shares in dLocal, which trades on the U.S.-based Nasdaq Stock Market, were up close to 20 per cent following the call. "Our business has shown resilience and continues to benefit from the diversity of our merchants across industry verticals, geographies, products, and consumer behavior patterns," said Kanovich in a statement accompanying results Tuesday.

 

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