Company: DLO
Filing Date: 2025-09-03
Form Type: F-3ASR
Source: 0000950103-25-011186
Chunk: 1

Company: dLocal Ltd
Filing Date: 2025-09-03
Form: F-3ASR
Chunk 1
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 become effective upon filing with the Commission pursuant
to Rule 462(e) under the Securities Act, check the following box. ☒

If this Form is a post-effective amendment to
a registration statement filed pursuant to General Instruction I.C. filed to register additional securities or additional classes of securities
pursuant to Rule 413(b) under the Securities Act, check the following box. ☐

Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933.

Emerging growth company ☐

If an emerging growth company that prepares its
financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use the extended transition
period for complying with any new or revised financial accounting standards† provided pursuant to Section 7(a)(2)(B) of the Securities
Act. ☐

† The term “new or revised financial
accounting standard” refers to any update issued by the Financial Accounting Standards Board to its Accounting Standards Codification
after April 5, 2012.

PROSPECTUS

<div align='center'>DLocal Limited

(Incorporated in the Cayman Islands)

Class A Common Shares</div>

We may, at any time and from time to time, in
one or more offerings, offer and sell our Class A common shares of par value US$0.002 each. In addition, from time to time, the selling
shareholders to be named in an applicable prospectus supplement, or the selling shareholders, may offer and sell the equity securities
held by them. The selling shareholders may sell the equity securities through public or private transactions at prevailing market prices
or at privately negotiated prices. We will not receive any proceeds from the sale of the equity securities by the selling shareholders.

The securities may be offered and sold in the
same offering or in separate offerings; to or through underwriters, dealers, and agents; or directly to purchasers. The names of any underwriters,
dealers, or agents involved in the sale of the securities, their compensation and any options to purchase additional securities granted
to them will be described in the applicable prospectus supplement. For a more complete description of the plan of distribution of the
securities, see the section entitled “Plan of Distribution” beginning on page 23 of this prospectus.

This prospectus describes some of the general
terms that may apply to the securities. We and the selling shareholders