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DLO News

US IPO Weekly Recap: June kicks off with a quiet 1 IPO week

DLO

Just one IPO entered public markets after the holiday weekend, but the pipeline remained active, with 14 IPOs and 10 SPACs submitting initial filings. Cross-border payment processor dLocal (DLO) priced well above the range to raise...read more

Cross-border payment processor dLocal prices US IPO above the range at $21

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dLocal, which provides payment processing for global merchants in emerging markets, raised $618 million by offering 29.4 million shares (85% secondary) at $21, above the range of $16 to $18. Cornerstone investor Fidelity had indicated an interest in purchasing...read more

US IPO Week Ahead: Just 1 IPO scheduled for the shortened holiday week

DLO

Following an active week in the IPO market, just 1 IPO is scheduled to price in the shortened week ahead. While the calendar is quiet, several companies are primed to launch following Memorial Day, including payments platform Marqeta (MQ)...read more

Cross-border payment processor dLocal sets terms for $500 million US IPO

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dLocal, which provides a cross-border payment processing platform for e-commerce, announced terms for its IPO on Monday. The Montevideo, Uruguay-based company plans to raise $500 million by offering 29.4 million shares (85% insider) at a price range of $16...read more