dLocal Posts Blockbuster Volumes
Hey FinTech Fanatic!
dLocal delivered another blockbuster volume quarter on its Q1 2026 Financial Results.
Q1 sales came at $335 million, up from $216 million a year earlier, while TPV jumped 73% year over year to $14.1 billion. Gross profit hit a record $118.7 million, up 40% year over year, and management reiterated its full-year outlook.
The Uruguay-based payments company says it is seeing momentum across e-commerce, ride-hailing, delivery, remittances, travel, and gaming, and net revenue retention stayed above 140% for a fourth straight quarter.
TPV has now grown above 50% for six consecutive quarters, which supports the idea that this is still a high-quality emerging-markets payments compounder.
The cross-border payments specialist proved once again that demand for localized emerging-markets payments is surging, but the market wants more proof that scale will translate into durable margin expansion.
Scroll down to find the FinTech headlines right below. 👇 See you tomorrow!
Cheers,
HOW FINTECH PERFORMED LAST WEEK
📈 How did FinTech stocks perform last week?
Let's find out👇
INSIGHTS
📊 Webull Brazil reached 92.5% frictionless onboarding with Incognia, enabling instant approvals for legitimate users while reducing manual reviews and uncovering coordinated fraud networks, promotional abuse, and RAT-related account takeover risks. Read more
FINTECH NEWS
🇺🇸 OpenAI is rolling out a new personal finance experience in ChatGPT, for Pro users in the U.S., allowing users to securely connect financial accounts, track spending, analyze investments, and receive personalized financial insights powered by GPT-5.5 and integrations with more than 12,000 institutions.
PAYMENTS NEWS
🌍 dLocal reports First Quarter 2026 financial results. The company reported Q1 2026 TPV of US$14.1 billion, marking six consecutive quarters of 50%+ year-over-year growth, while gross profit reached a record US$118.7 million as the company continues expanding its cross-border payments infrastructure across emerging markets.
🇭🇰 PhotonPay answers the ITU's call for "Digital Lifelines" with 24/7 dual-rail financial infrastructure on WTISD 2026, combining fiat and stablecoin payment rails to support always-on global transactions, instant payouts, FX management, and compliant cross-border operations for businesses worldwide.
🇪🇸 Bizum to roll out in-store payments across Spain, allowing users to make NFC contactless payments directly from their bank accounts. The gradual launch aims to expand availability to most users and merchants by the end of 2026. Read more
🇱🇰 Sri Lanka is set to launch direct PayPal money receiving services, allowing freelancers, entrepreneurs, and online businesses to receive international payments directly into local bank accounts under Central Bank regulation. The new service is expected to mark a significant milestone in the growth of Sri Lanka’s digital commerce sector.
🇵🇪 Yape accelerates its regional expansion and enables remittances to Argentina and Chile. The Peruvian digital wallet Yape added both countries among its new destinations for international transfers and reinforces the trend of regional integration among FinTechs. The operation will allow sending money from Peru directly to Mercado Pago accounts.
DIGITAL BANKING NEWS
🇺🇸 Lumin Digital previews expansion beyond digital banking into a unified platform spanning CRM, lending, payments, and service, aiming to help banks and credit unions drive long-term growth through shared data, AI-native intelligence, and integrated infrastructure.
🇧🇷 Brazil’s antitrust regulator has approved PicPay’s acquisition of insurer Kovr. The deal gives the digital bank a path into insurance, capitalization products, and private pension services as it expands beyond traditional banking ahead of its planned US IPO. Read on
🇧🇷 Nu Holdings reported Q1 2026 revenue above $5 billion for the first time, with net income reaching $871 million and more than 135 million customers globally, as the company accelerated its AI-driven banking strategy across Brazil, Mexico, and Colombia.
🇬🇧 Allica Bank secured £350 million through the British Business Bank’s new ENABLE Guarantee scheme, unlocking capacity to provide up to £700 million in asset finance for UK SMEs as challenger banks continue gaining share in small business lending.
🌍 GoTyme Bank will make 2,000 employees shareholders as parent company Tyme Group expands globally across Africa and Southeast Asia, aiming to strengthen employee retention and align staff with the digital banking group’s long-term growth strategy.
🇬🇧 Revolut CEO Nik Storonsky is offering employees £1,000 incentives to help attract new business banking clients, as the FinTech plans to launch business banking alongside retail services in every new market starting in 2027. Continue reading
BLOCKCHAIN/CRYPTO NEWS
🇺🇸 MoonPay launched Headless Onramps, a native crypto checkout platform that enables one-tap crypto purchases through Apple Pay, cards, and Google Pay across the US, EEA, and 100+ countries while allowing partners to fully control the user experience. The platform delivers native checkout across multiple payment methods and geographies from day one.
🇦🇪 Rain became the first crypto exchange in the UAE to launch Pay by Bank under the country’s Open Finance framework, powered by Lean Technologies, enabling real-time account-to-account wallet funding with lower costs and reduced reliance on traditional payment rails.
PARTNERSHIPS
🇺🇸 Inter Miami CF has named Mastercard its Exclusive Payment Services Partner and an Official Partner of Nu Stadium, aiming to deliver seamless cashless payments and enhanced fan experiences as the club expands its global soccer presence alongside Leo Messi and Nu.
🇨🇳 Mastercard and JD.com announced a strategic partnership focused on expanding global payment infrastructure, improving cross-border commerce and travel payments in China, and exploring AI-powered commerce, supply chain finance, and fraud prevention solutions.
🇺🇸 Fiserv has announced a strategic collaboration with OpenAI to bring AI into banking operations, focusing on agent-based workflows, modernization, cybersecurity, and banking-specific AI capabilities aimed at helping financial institutions operate more efficiently. The core of this effort is Fiserv’s new AI platform, agentOS, where the company plans to develop banking-focused agents designed to support workflows.
🇺🇸 i2c and CoinZoom have partnered to expand crypto-enabled payments through an international debit card program across 152+ countries. Combining global payments infrastructure with blockchain capabilities, the initiative aims to support faster cross-border money movement and broader digital asset use in everyday transactions.
🌍 Kraken will replace LayerZero with Chainlink to bridge assets across blockchains. This marks a total of over $3 billion in TVL migrating after a $292 million LayerZero-powered bridge exploit involving Kelp. The move follows similar migrations by platforms including Kelp, Solv and Re.
🇭🇰 Moon Inc. taps BitGo to scale Bitcoin-powered card products across Asia, using BitGo’s regulated custody and digital asset infrastructure to scale prepaid bitcoin card services in Hong Kong and future regional launches. The partnership is expected to expand further to support the launch of Moon Inc.'s next consumer card product, scheduled for launch in Q2 2026.
🇵🇭 ACI Worldwide and Security Bank Philippines won “Best Payment Technology Initiative in Asia Pacific” after modernizing the bank’s payments infrastructure with a unified cloud-ready platform that increased transaction volumes by 35% and tripled processing capacity. The initiative combined deep domain expertise, agile execution, and strong executive sponsorship.
DONEDEAL FUNDING NEWS
🇺🇸 Turnkey raises $12.5 million in a round backed by Circle Ventures and Sequoia Capital. The new funding will support Verifiable Cloud and infrastructure for wallets, payments, and automated on-chain activity. Continue reading
🇬🇧 London-based FinTech PANTA raised €3.4 million to modernize how financial indices are built and managed. With this fresh funding, the company plans to expand the engineering team, accelerate product development, and scale commercial operations as it moves from pilot to full-scale rollout. A larger Series A funding round is also on the cards for early 2027.
🇺🇸 SUI Group co-led a $15 million funding round for AI trading lab Nof1 and invested in Recursive Superintelligence’s $650 million raise, strengthening its push into agentic finance, AI-driven trading infrastructure, and self-improving AI systems alongside Karatage Opportunities.
🇧🇷 Sol Agora raised US$120 million through its fourth FIDC fund to finance distributed solar projects across Brazil, including hybrid systems with batteries, with the new capital expected to support around 30,000 installations for families and small businesses.
M&A
🇰🇷 Kakao sells $670 million stake in Korean crypto exchange operator Dunamu to Hana Bank. The South Korean company is partially exiting its early investment in crypto exchange operator Dunamu, selling a stake worth 1 trillion won ($670 million) to domestic commercial bank Hana Bank.
MOVERS AND SHAKERS
🇮🇳 Razorpay promoted Apuarv Sethi to Chief Marketing Officer as the FinTech expands its AI-led growth strategy across India and Southeast Asia, with a focus on SME growth, brand strategy, go-to-market execution, and AI-powered customer engagement. Keep reading
Want your message in front of 275.000+ FinTech fanatics, founders, investors, and operators?
Comments ()