4 May In Payments Around The World: dLocal Reportedly Files For IPO; Oura Lands $100 Million Investment

In today’s top payments news around the world, dLocal has reportedly confidentially filed for an initial public offering (IPO) in the United States, while Oura has unveiled a $100 million Series C. Plus, Acuant has closed on its purchase of Hello Soda.


Uruguay’s Payments Startup dLocal Files For IPO, Report Says

Uruguay-based payments upstart dLocal has reportedly confidentially filed for an IPO in the United States. The firm is working with banks on a listing that could take place prior to the close of 2021, according to a published report, but the timing is not set in stone. The firm has offices in 29 nations throughout Latin America, Asia Pacific, Africa and the Middle East. It reportedly recently began providing payment services in Vietnam, the Philippines and Malaysia. dLocal is headed up by CEO Sebastián Kanovich.

Wearable Health Tech Maker Oura Raises $100 Million

Oura, a fitness firm started in Finland, revealed a $100 million Series C Tuesday (May 4), a funding round that brings the firm’s overall financing to just more than $148 million. “The wearables industry is transitioning from activity trackers to health platforms that can improve people’s lives,” CEO Harpreet Singh Rai said in a press release, noting that Oura concentrated on sleep initially because it is a daily habit and that a dearth of sleep has been connected with negative health conditions.

Read more: https://www.pymnts.com/news/international/2021/today-in-payments-around-the-world-dlocal-reportedly-files-ipo-oura-lands-100-million-dollar-investment/

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