General Atlantic values Uruguayan startup at $1.2B
September 16, 2020
Existing investor General Atlantic has led a $200 million investment in dLocal, valuing the Uruguay-based developer of a cross-border payments platform at $1.2 billion. Addition also took part in the funding. The company plans to use the new capital in part to continue its expansion into new emerging markets, including countries in Central America, Africa and Southeast Asia.