dLocal entered into an important partnership, but its shares reached a new historic low

dLocal entered into an important partnership, but its shares reached a new historic low

While the papers add up to 13 consecutive falls, the Uruguayan unicorn sealed an agreement with Eneba to strengthen its presence in the region.

He dLocal Uruguayan unicorn entered into a new partnership to strengthen its presence in Latin America, but it was unable to prevent its share price from falling again, adding 13 consecutive declines and breaking its historical floor.

The fintech, whose owners Sergio Fogel and Andrés Bzurovski received a setback from the United Kingdom with your platform Astropay, fails to rebound Nasdaq and it has 10 consecutive weekly losses, closing today with a drop of 0.13% and a value of 7.48 dollars per title.

In this way, the actions of dLocal They have accumulated a sustained decline since May 30, when they were worth $9.23, with a decrease of 18.96% since that day. Meanwhile, so far this year it has accumulated a decline of 57.72%, from the $17.69 it was worth on the last business day of 2023.

dLocal and an alliance to strengthen its presence in the region

In the midst of this scenario, the Uruguayan fintech sealed a new partnership, in this case with Eneba, a game trading platform highlighted as the fastest growing market, with more than 10 million registered users and 80,000 products for gamers.

“Opening up passionate Latin American gamers to a wide range of gaming products is nothing less than a great achievement,” he highlighted. Agustín Botta, dLocal director for EMEA.

Botta highlighted that “serving vibrant and growing industries through accessible payments is, in my opinion, an underrated core of the value that payment solutions provide.” cross-border payments trustworthy people contribute to the world” and added: “The joy of the experience and the communities they foster is achieved through payments, but at the same time it is immeasurable.”

While, Eitutis blankets, Head of Payments and Risks at Eneba, admitted that “easy access to local payment methods is one of the most frequent requests from our clients and the reason why they decide to buy.”

“This partnership allows us to better serve the needs of our users and help everyone in Latin America to discover the pleasure of playing. The experience of dLocal providing a seamless payments experience across the region gives us confidence that our community can simply focus on playing their favorite games,” Eitutis said.

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts