Company: DLO
Filing Date: 2025-09-03
Form Type: F-3ASR
Source: 0000950103-25-011186
Chunk: 7

Company: dLocal Ltd
Filing Date: 2025-09-03
Form: F-3ASR
Chunk 7
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 many significant risks,
uncertainties and assumptions and are made in light of information currently available to us.

These statements appear throughout this prospectus
and include statements regarding our intent, belief or current expectations in connection with:

| · | our ability to adapt to the rapid pace of technological changes in the payments processing industry; |

| · | competition in the payments processing industry; |

| · | our ability to implement our business strategy; |

| · | the reliability, performance, functionality and quality of our payments processing platform; |

| · | fluctuations in interest, inflation and exchange rates in any of the countries we serve or may serve in the future; |

| · | the availability of government authorizations or exemptions on terms and conditions and within periods acceptable to us; |

| · | our compliance with, and changes to, government laws and regulations, including those related to taxes, that currently impact or apply 
 to us;                                                                                                                                 |

| · | general economic, financial, political, demographic and business conditions in the countries we serve and their impact on our business; |

| · | our ability to manage operations at our current size or manage growth effectively; |

| · | our ability to successfully expand into new products and new markets; |

| · | our ability to pursue and successfully carry out strategic acquisitions or investments; |

| · | our ability to continue attracting and retaining new appropriately skilled employees; |

| · | public health threats or outbreaks of communicable diseases, such as the COVID-19 virus and others; |

| · | the interests of our principal shareholders; |

| · | changes in merchant or consumer demands regarding payment processing services and our ability to innovate to respond to such changes; |

| · | the availability and effective operation of management information systems, financial systems and other technology; |

| · | our ability to comply with applicable cybersecurity, privacy and data protection laws and regulations; |

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| · | our ability to protect ourselves against cybersecurity risks; |

| · | events or conditions that adversely affect our reputation or our image, including being subject of adverse market reports; |

| · | other factors that may affect our financial condition, liquidity and results of operations; and |

| · | other risk factors discussed under “Risk Factors” included in documents we file from time to time with the SEC that are 
 incorporated by reference herein, including in our most recent annual report on Form 20-F.                              |

The words “believe,” “understand,”
“may,” “will,”