Express

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

  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 3 days ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 4 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 7 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 8 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 10 days ago
  • You need to login to comment.