Company: DLO
Filing Date: 2025-09-03
Form Type: 424B3
Source: 0000950103-25-011193
Chunk: 92

Company: dLocal Ltd
Filing Date: 2025-09-03
Form: 424B3
Chunk 92
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 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, as applicable, will provide specific terms of any offering in
a supplement to this prospectus. Any prospectus supplement may also add, update, or change information contained in this prospectus. To
the extent the applicable prospectus supplement is inconsistent with this prospectus, information in this prospectus is superseded by
the information in the applicable prospectus supplement. You should carefully read this prospectus and the applicable prospectus supplement
as well as the documents incorporated or deemed to be incorporated by reference in this prospectus and the applicable prospectus supplement
before you purchase any of the securities.

Our Class A common shares are currently listed
on the Nasdaq Global Select Market, or Nasdaq, under the symbol “DLO.”

Investments in the securities involve risks. See “Risk Factors” on page 6 of this prospectus. You should carefully consider the risks and uncertainties discussed under the heading “Risk Factors” included in the applicable prospectus supplement or under similar headings in other documents which are incorporated by reference in this prospectus and the applicable prospectus supplement before you invest in our securities.

Neither the Securities and Exchange Commission, or the SEC, nor any state securities commission has approved or disapproved these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense.

<div align='center'>The date of this prospectus is September 3, 2025.

TABLE OF CONTENTS</div>

| About This Prospectus                                   |  1 |
| Where You Can Find More Information                     |  2 |
| Incorporation of Documents by Reference                 |  3 |
| Forward-Looking Statements                              |  4 |
| Risk Factors