Description
dLocal’s Pivotal Expansion — dMore, BNPL And AI Broaden The Growth Engine!
dLocal, a payments technology company focused on emerging markets, reported strong second-quarter 2026 results marked by substantial growth in key operational and financial metrics. The company achieved a total payment volume (TPV) of $17.7 billion, representing a 92% year-over-year increase—a pace not seen since early 2022—and surpassing the full-year TPV processed in 2023. This growth was broad-based across verticals, with ride-hailing and travel as significant contributors, alongside expansion from large global merchants. Local-to-local payment flows accounted for 61% of TPV, reflecting growth in inherently local businesses such as ride-hailing and on-demand delivery. Gross profit rose 29% year-over-year to $127 million, driven mainly by strong contributions from Brazil and Argentina. Operating profit improved 22% sequentially and stood at 50% of gross profit, up 6 percentage points quarter-over-quarter, indicating improving operating leverage.



