Company: DLO
Filing Date: 2025-09-03
Form Type: 424B3
Source: 0000950103-25-011193
Chunk: 123

Company: dLocal Ltd
Filing Date: 2025-09-03
Form: 424B3
Chunk 123
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<div align='center'>25

Experts</div>

The financial statements and management’s
assessment of the effectiveness of internal control over financial reporting (which is included in Management’s Annual Report on
Internal Control over Financial Reporting) incorporated in this prospectus by reference to the Annual Report on Form 20-F for the year
ended December 31, 2024 have been so incorporated in reliance on the report of Price Waterhouse & Co S.R.L, an independent registered
public accounting firm, given on the authority of said firm as experts in auditing and accounting.

<div align='center'>26

15,000,000 Class A Common Shares

DLocal Limited

PROSPECTUS SUPPLEMENT

Global Coordinators</div>

| J.P. Morgan | Goldman Sachs & Co. 
 LLC                 | Morgan Stanley |
|             | Joint Bookrunners   |                |
| BTG Pactual |                     | Citigroup      |

<div align='center'>,
2025</div>