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RippleNet Member DLocal Raised $150 Million In New Financing, Added Former J.P. Morgan Executive As COO

Mary Liu

Summary: dLocal, a member company of RippleNet and cross-border payment service provider, today announced the completion of a $150 million financing. Alkeon Capital, BOND, D1 Capital Partners and Tiger Global jointly led the investment.  dLocal also appointed Sumita Pandit as Chief Operating Officer (COO). Pandit previously served as the Managing Director and Global Head of Fintech Investment ...

dLocal, a member company of RippleNet and cross-border payment service provider, today announced the completion of a $150 million financing. Alkeon Capital, BOND, D1 Capital Partners and Tiger Global jointly led the investment. 

dLocal also appointed Sumita Pandit as Chief Operating Officer (COO). Pandit previously served as the Managing Director and Global Head of Fintech Investment Banking for J.P. Morgan. She has nearly two decades of experience in the field of investment banking, providing consulting services to companies in various fields of fintech, including payments, financial software, new banking and insurance technology.

By Mary Liu

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Link: RippleNet Member DLocal Raised $150 Million In New Financing, Added Former J.P. Morgan Executive As COO   [Copy]
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