Tag: dLocal

• Tuesday, April 21st 2026 - 23:14 UTC

  New York court rules in favor of Uruguayan fintech dLocal, dismisses investor class action

  

  The Appellate Division of the New York State Supreme Court unanimously upheld the dismissal of a class action lawsuit filed by investors against Uruguayan fintech dLocal and the investment banks involved in its 2021 initial public offering, finding no material omissions in the information the company disclosed before the IPO.

• Thursday, November 17th 2022 - 18:51 UTC

  Shares of Uruguayan unicorn plummet after rumors of fraud

  

  Shares of the first and only Uruguayan unicorn dLocal, a company that debuted on Wall Street in June 2021 fell up to 43% this from $21 to $10 a piece Wednesday after rumors of fraud went public.

• Tuesday, May 4th 2021 - 08:50 UTC

  Uruguay: “Unicorn” dLocal eyes Wall Street and new Ford plant offers around 200 jobs to produce

  

  Uruguay's first “unicorn” (an emerging technology-based company worth over US $ 1 billion) local is reportedly planning to land on Wall Street, according to Bloomberg.