people · May 16, 2026
dLocal Expands Localization Strategy With Local Payment Rails in Saudi Arabia and Nigeria
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dLocal highlighted adoption of local payment rails including mada in Saudi Arabia, Verve in Nigeria, and Meeza in Egypt during the Q1 2026 earnings release on May 14 2026. Revenue reached $335.9 million, topping consensus estimates of $333.1 million, driven by expansion across e-commerce, ride-hailing, on-demand delivery, remittances, travel, and gaming. The company is developing a Card-Present offering for a major client with initial commercialization targeted for the second half of 2026. Full-year 2026 guidance remained unchanged despite margin pressure from product and country mix.
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