The first billionaires of Uruguay, Andres Bzurovski and Sergio Fogel are the founders of the fintech dLocal, the first unicorn of the country. The company's market cap has crossed 10 billion dollars in Nasdaq.
dLocal, founded in 2016, connects global merchants seamlessly with billions of emerging market users. Its platform facilitates a connection to over 600 local payment methods across different markets to accept online payments and pay out vendors and partners.
It operates across 29 countries in Asia, Africa and Latin America including in India. It processes payments for companies like Microsoft, Amazon, Spotify and Didi.
It has over 300 employees. It has offices in US, UK, China , Brazil and Israel besides in Uruguay
Sebastian Kanovich, a Uruguayan is CEO. Sumita Pandit an American Indian is the COO
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