He Uruguayan unicorn dLocal was nominated as one of the best fintech of the world, in the second edition of the prestigious award given CNBC and Statista Inc, with around 250 financial technology companies from different countries.
Thus, after the abrupt fall of its Actions So far this year, the shares have moved away from their historic lows and increased in value by 0.87% on Thursday, closing at $8.09.
“We are honored to have been chosen as one of the leading fintech companies in the world,” he said. Nadia Yavitz, Senior Vice President of Strategic Projects dLocal.
Yavitz considered that the nomination “is the result of the hard work we have done to become the partner of choice for many of the world’s leading companies as they expand in emerging markets high growth”.
What did the ranking that recognized dLocal take into account?
The CBNC and Statista list that highlighted dLocal was based on extensive research of the key performance indicators (KPI) from over 2,000 eligible companies across nine market segments including Alternative Finance, Banking Solutions, Business Process Solutions, Digital Assets, Financial Planning, Neobanking, Payments and Wealth Technology.
The report took into account annual reports, company websites, media monitoring and the direct presentation of KPIs by companies. fintech. “The inclusion of dLocal is based on its growing recognition as a leading cross-border solution and comes at a time when its processing volumes have grown exponentially year after year,” the Uruguayan unicorn highlighted.
This recognition is a boost for the company, after the investment banking and securities group Goldman Sachs downgraded the stock from “Buy” to “Neutral,” reducing the price target from $16 to $8.
Source: Ambito
